The Launch Pad Teen Center
- Assets
- $1.6m
- Revenue
- $896.9k
- Investments
- $0.0
- Employees
- 44
- Location
- Prescott, AZ
- Founding
- 01/2015
- Data as of
- 06/2023
- EIN
- 46-5601468
Organization Overview
The Launch Pad Teen Center is located in Prescott, AZ. The organization was established in 2015. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2023, Launch Pad Teen Center employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Pad Teen Center 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 06/2023, Launch Pad Teen Center generated $896.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $927.9k during the year ending 06/2023. 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 IS AN ALL-INCLUSIVE SPACE AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, GENDER, SEXUALITY, CLASS, RELIGION, OR ABILITY. THE LAUNCH PAD IS A YOUTH DRIVEN AND FOCUSED SPACE, PROVIDING PROGRAMMING THAT IS CULTURALLY RELEVANT TO TEENS IN YAVAPAI COUNTY. WE BELIEVE THAT YOUTH ARE POWERFUL AGENTS FOR CHANGE IN THEIR OWN LIVES AND IN THE LIVES OF OTHERS, WE BELIEVE THEY ARE THE EXPERTS OF THEIR OWN LIVED EXPERIENCES, AND THAT THE BEST WAY TO SERVE YOUTH IS THROUGH LOVE, COMPASSION, STABILITY, WITH A DEEP RESPECT AND BELIEF IN THEIR CAPACITY TO BE POWERFUL MEMBERS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAUNCH PAD SERVED IN OUR BUILDING 530 UNIQUE TEENS. THE LAUNCH PAD OPERATED SCHOOL CIRCLES FOR SUPPORT AND MENTORSHIP OF STRUGGLING YOUTH AT FOUR DIFFERENCE SCHOOLS IN THE LOCAL SCHOOL DISTRICT. THE LAUNCH PAD OFFERED A WORKFORCE DEVELOPMENT PROGRAM CALL PROJECT LAUNCH FOUR TIMES OVER THE YEAR TO 60 DIFFERENCE TEENS. THE LAUNCH PAD HAD A TOTAL OF 28 TEENS PARTICIPATE IN OUR MOON CAFE APPRENTICESHIP PROGRAM.
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 |
|---|---|---|---|
Courtney Osterfelt Executive Dir. | Officer | 40 | $49,346 |
Catherine Robbins Executive Dir. | Officer | 40 | $40,851 |
Ben Harvey Co-Secretary | OfficerTrustee | 3 | $434 |
Lia Killeen Member | Trustee | 4 | $104 |
Tessa Martinez Co-Vice Pres | OfficerTrustee | 4 | $0 |
Andrew Baird Co-President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $246,842 |
| Related organizations | $0 |
| Government grants | $73,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $606,797 |
| Noncash contributions included in lines 1a–1f | $50,360 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $926,754 |
| Total Program Service Revenue | $44,076 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$77,213 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $896,909 |
| 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. | $108,003 |
| Compensation of current officers, directors, key employees. | $32,401 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,229 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,114 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,321 |
| Advertising and promotion | $32,682 |
| Office expenses | $10,766 |
| Information technology | $5,746 |
| Royalties | $0 |
| Occupancy | $19,932 |
| Travel | $2,800 |
| 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 | $36,602 |
| Insurance | $12,588 |
| All other expenses | $46,108 |
| Total functional expenses | $927,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $626,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,244 |
| Net Land, buildings, and equipment | $947,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,574,920 |
| Accounts payable and accrued expenses | $0 |
| 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 | $11,844 |
| Total liabilities | $11,844 |
| Net assets without donor restrictions | $1,408,479 |
| Net assets with donor restrictions | $154,597 |
| 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 | $1,574,920 |