The Launch Pad Foundation Inc
- Assets
- $94.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 46-5308624
Organization Overview
The Launch Pad Foundation Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Pad Foundation 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 12/2022, Launch Pad Foundation Inc generated $132.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $143.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SERVING FAMILIES AND INDIVIDUALS IN THE COMMUNITY THROUGH MEETING ESSENTIAL DAILY NEEDS AS WELL AS COACHING, MENTORING AND PROVIDING TEMPORARY HOUSING.
Describe the Organization's Program Activity:
Part 3
ALONG WITH THE FLAGSHIP PROGRAM WHICH INCLUDES COACHING, MENTORING, TRANSPORTATION AND HOUSING FOR PROGRAM PARTICIPANTS, THE LAUNCH PAD FOUNDATION ALSO SPONSORED OTHER PROGRAMS. WE READ TOGETHER PROGRAM PROVIDED INCENTIVES TO ENGAGE PARENTS TO READ WITH THEIR CHILDREN AT HOME. MONTHLY COMMUNITY CLEANUPS WERE SPONSORED DURING 2019 FOCUSING ON NEIGHBORHOODS SURROUNDING MLK JR DRIVE. A LUNCHEON WAS HOSTED FOR FIRST RESPONDERS IN THE COMMUNITY TO SHOW APPRECIATION. THE LAUNCH PAD FOUNDATION ALSO SPONSORED THE RACE FOR THE DREAM MARATHON.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Henry Pastor | 0 | $0 | |
Kenneth D Hill Ceo/presiden | 0 | $0 | |
Kathy Hood Trustee | 0 | $0 | |
Roger Taylor Cpa | 0 | $0 | |
Stephen Wright CEO | 0 | $0 | |
Clarissa G Haugabrook-Hill Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,815 |
| Total Program Service Revenue | $17,676 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,878 |
| Total Revenue | $132,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,677 |
| Professional fees and other payments to independent contractors | $62,747 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,064 |
| Other expenses | $6,060 |
| Total expenses | $143,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,721 |
| Other assets | $0 |
| Total assets | $93,976 |
| Total liabilities | $1,282 |
| Net assets or fund balances | $92,694 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Launch Pad Foundation Inc has recieved totaling $26.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Appalachian Student Housing Corporation Boone, NC | $99,024,525 | $6,456,684 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Serenity Pointe Inc Dunlap, TN | $2,490,170 | $4,102,577 |
Transition House Of Washington Inc Saint Cloud, FL | $1,607,581 | $3,946,761 |
Crossing The Jordan Foundation Inc Weston, FL | $358,334 | $2,743,535 |
Greenpointe Regional Housing Inc Dunn, NC | $10,308,542 | $2,284,690 |
Open Table Of Nashville Inc Nashville, TN | $444,222 | $1,157,501 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
Veterans Life Center Raleigh, NC | $1,727,706 | $1,329,274 |
Homeless No More Inc Columbia, SC | $6,056,633 | $1,621,915 |
The Wellhouse Odenville, AL | $7,523,032 | $3,587,896 |