Ladies Who Launch Inc
- Assets
- $229.2k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 83-4621843
Organization Overview
Ladies Who Launch Inc is located in San Diego, CA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ladies Who Launch 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, Ladies Who Launch Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ladies Who Launch Inc has awarded 59 individual grants totaling $564,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FREE EDUCATIONAL PROGRAMS, SERVICES AND RESOURCES. HOLDS IN-PERSON AND VIRTUAL EDUCATIONAL EVENTS, INCLUDING SUMMITS AND WEBINARS, TO HELP SMALL BUSINESS OWNERS AND ENTREPRENEURS GROW AND SUSTAIN THEIR BUSINESS. THROUGH LWL'S OFFERINGS, SMALL BUSINESSES LEARN PRACTICAL BUSINESS SKILLS, ACCESS CRITICAL FUNDING OPPORTUNITIES, BUILD POWERFUL CONNECTIONS, NETWORKS, AND COMMUNITY, AND GAIN OPPORTUNITIES TO AMPLIFY THEIR BUSINESS TO HELP THEIR CONTINUED GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Friar Chief Executive Officer | 1 | $0 | |
Kelly Mcgonigle Squier Director | 1 | $0 | |
Anna Collins Director | 1 | $0 | |
Elena Gomez Director | 1 | $0 | |
Frederique Irwin Director | 1 | $0 | |
Tokunboh Ismael Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tannenbaum Helpern Syracuse & Hirschtritt Llp | 12/30/23 | $90,481 |
Your Part-time Controller Llc | 12/30/23 | $57,469 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,016,840 |
| Interest on Savings | $94 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,016,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $172,527 |
| Other employee salaries and wages | $449,781 |
| Pension plans, employee benefits | $74,521 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,650 |
| Printing and publications | $0 |
| Other expenses | $102,044 |
| Total operating and administrative expenses | $1,025,690 |
| Contributions, gifts, grants paid | $226,000 |
| Total expenses and disbursements | $1,251,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,705 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,499 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $229,204 |
| Accounts payable and accrued expenses | $24,447 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,447 |
Grants Awarded
Over the last fiscal year, Ladies Who Launch Inc has awarded $226,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BEEFCAKE SWIMWEAR LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |
BONITA FIERCE CANDLES LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |
CHOCOLITA LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |
CREME DE LIQUEUR LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |
ETALIA FOODS LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |
FERNWEH FOOD COMPANY LLC PURPOSE: PROGRAM ASSISTANCE | $10,000 |