Launch Pad Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,686,625 | 24,448 | 1,662,177 | 816.2 | 0% |
| 2022 | 77,591 | 127,180 | −49,589 | 152.2 | 54% |
| 2023 | −62,113 | 100,122 | −162,235 | 170.8 | 64% |
In its most recent public year (2023), this organization spent $162,235 more than it brought in. Its reserves stood at about 170.8 months of spending, down from 816.2 in 2021. Staff pay was 64% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Launch Pad Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works