Launch Leadership Inc
- Assets
- $14.5k
- Revenue
- $402.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Lincoln, NE
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-2037620
Organization Overview
Launch Leadership Inc is located in Lincoln, NE. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Launch Leadership Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Leadership Inc 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 Leadership Inc generated $402.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $412.8k during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TO EMPOWER MIDDLE AND HIGH SCHOOL STUDENTS THROUGH EXPERIENCE-BASED LEADERSHIP TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LEADERSHIP DEVELOPMENT SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Applegate Executive Di | Officer | 45 | $78,706 |
Kayla Meyer Fmr. Exec Di | Officer | 45 | $29,669 |
Lincoln Arneal Vice Preside | OfficerTrustee | 4 | $0 |
Erin Bader Director | Trustee | 1 | $0 |
Marcus Bell Treasurer | OfficerTrustee | 4 | $0 |
John Frost Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,761 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,736 |
| Noncash contributions included in lines 1a–1f | $8 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,497 |
| Total Program Service Revenue | $297,840 |
| Investment income | $588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,458 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $402,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,376 |
| Compensation of current officers, directors, key employees. | $22,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,209 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,194 |
| Payroll taxes | $9,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,401 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,590 |
| Advertising and promotion | $2,472 |
| Office expenses | $494 |
| Information technology | $3,068 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,538 |
| Interest | $3,065 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,115 |
| All other expenses | $13,829 |
| Total functional expenses | $412,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,969 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,725 |
| 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 | $810 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,504 |
| Accounts payable and accrued expenses | $65,933 |
| 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 | $110,009 |
| Other liabilities | $0 |
| Total liabilities | $175,942 |
| Net assets without donor restrictions | -$163,524 |
| Net assets with donor restrictions | $2,086 |
| 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 | $14,504 |