Launch Pad
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- East Ridge, TN
- Founding
- Data as of
- 12/2023
- EIN
- 36-4949193
Organization Overview
Launch Pad is located in East Ridge, TN. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Launch Pad employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Pad is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Launch Pad generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.6% each year . All expenses for the organization totaled $487.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LAUNCH PAD PROVIDES A TEMPORARY HOME FOR WOMEN RECOVERING FROM SUBSTANCE ABUSE THAT IS GEARED TOWARD ALLOWING A WOMAN TO RETURN TO SOCIETY AND BE HAPPY, HEALTHY, AND PRODUCTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAUNCH PAD PROVIDES A TEMPORARY HOME FOR WOMEN RECOVERING FROM SUBSTANCE ABUSE THAT IS GEARED TOWARD ALLOWING A WOMAN TO RETURN TO SOCIETY AND BE HAPPY, HEALTHY, AND PRODUCTIVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scarlett Bowman President | OfficerTrustee | 2.5 | $0 |
Jamie Buttram Board Member | Trustee | 2.5 | $0 |
Kathy J Clark Board Member | Trustee | 2.5 | $0 |
Donna N Coleman Board Member | Trustee | 2.5 | $0 |
Drdeborah Distefano Board Member | Trustee | 2.5 | $0 |
Randy Durham Board Member | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $160,643 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,143,674 |
| Noncash contributions included in lines 1a–1f | $530,030 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,304,317 |
| Total Program Service Revenue | $0 |
| Investment income | $887 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $199,464 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,504,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $376 |
| Office expenses | $12,036 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,710 |
| Travel | $5,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,735 |
| Insurance | $13,563 |
| All other expenses | $12,984 |
| Total functional expenses | $487,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,469 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,375 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,826,205 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,160,049 |
| Accounts payable and accrued expenses | $8,183 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,183 |
| Net assets without donor restrictions | $2,151,866 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,160,049 |