Launch Gurls
- Assets
- $126.9k
- Revenue
- $408.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Somerville, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0908781
Organization Overview
Launch Gurls is located in Somerville, MA. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Gurls 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 Gurls generated $408.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.5% each year . All expenses for the organization totaled $332.3k during the year ending 12/2022. While expenses have increased by 36.2% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE THE ECONOMIC EMPOWERMENT OF GIRLS AND YOUNG WOMEN AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIRL BOSS - LAUNCH GURLS (LG) CREATES ENTREPRENEURIAL EDUCATIONAL PROGRAMMING ROOTED IN RESEARCH AND REALITY, DESIGNED FOR ADOLESCENT GIRLS AGES 12-24 IN SOUTHEAST ASIA AND AFRICA. IN 2022, LAUNCH GURLS IMPACTED OVER 3,800 GIRLS AGES 13-21 IN 13 COUNTRIES. LG PARTNERED WITH FOUR DIFERENT NONPRFITS AND GOVERNMENT INSTITUTIONS TO BUILD THEIR CAPACITY TO DELIVER OUR GIRL BOSS PROGRAMMING. WE SPENT TIME IN 2022 TRIANING PARTNERS AND MENTORS TO IMPLEMENT GIRO BOSS PROGRAMMING AND OWN THE DELPLIYEMENT OF THIS PROGRAMMING. WE PROVIDED CURRICULUM, TRAINING, MANAGEMENT TOOLS, IMPACT ASSESSMENT TO OUR PARNTERS. WE PROVIDED OUR PARTNER WITH THE CURRICULUM AND TOOLS TO IMPLEMENT OUR CURRENT PROGRAMS GIRL BOSS BASICS AND GIRL BOSS BUSINESS AND DEVELOPED THREE ADDITIONAL PROGRAMS: GIRL BOSS THRIVE, GIRL BOSS CLUBS, AND GIRL BOSS WORKSHOPS.
GIRL BOSS USA - LAUNCH GURLS WAS ORIGINALLY DEVELOPED GIRL BOSS PROGRAMMING FOR MARGINALIZED GIRLS WITH LIMITED ACCESS TO INTERNET AND TECHNOLOGY IN THE GLOBAL SOUTH, BUT A GRANT FROM DESCANTE CAPITAL ALLOWED THE TEAM TO ADAPT AND PILOT GIRL BOSS PROGRAMMING IN THE U.S. IN THE SUMMER AND FALL OF 2022, LAUNCH GURLS PILOTED GIRL BOSS PROGRAMMING WITH 84 STUDENTS AND 8 TEACHERS TRAINED AS GIRL BOSS ADVISORS (GBAS). 17 RISING 7-9TH GRADERS PARTICIPATED IN THE FIRST EVER GIRL BOSS BOOTCAMP AND 67 STUDENTS IN GRADES 5-8TH PARTICIPATED IN AND AFTER SCHOOL PROGRAM FOR GIRL BOSS BASICS. THE PILOT ULTIMATELY PROVED THE POWER OF LAUNCH GURLS PROGRAMMING AND ABILITY TO FILL A CURRENT NEED IN U.S. SCHOOLS. MANY SCHOOLS ARE FOCUSED ON OFFERING STEAM PROGRAMMING AND THERE IS A DEARTH OF ENTREPRENEURSHIP PROGRAMMING FOR GIRLS.
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 |
|---|---|---|---|
Averi Spencer President/ceo | Officer | 40 | $123,735 |
Barbara Herz Board Member | Trustee | 0.5 | $0 |
Kylie Schuyler Treasurer | Officer | 0.5 | $0 |
Deborah Jackson Secretary | Officer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Agata Rutskowska Mandaya Consulting | 12/30/21 | $34,000 |
Egira Ombati Consulting | 12/30/21 | $12,500 |
Arti Nair Mohanan Consulting | 12/30/21 | $10,150 |
Shivalika Gill Consulting | 12/30/21 | $7,800 |
Aishwarya Pramond Consulting | 12/30/21 | $6,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,928 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,250 |
| 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. | $123,735 |
| Compensation of current officers, directors, key employees. | $7,036 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,830 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $170,277 |
| Advertising and promotion | $678 |
| Office expenses | $5,824 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $670 |
| Interest | $22 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $191 |
| All other expenses | $0 |
| Total functional expenses | $332,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,697 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,171 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $126,868 |
| Accounts payable and accrued expenses | $4,438 |
| 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 | $4,438 |
| Net assets without donor restrictions | $120,380 |
| Net assets with donor restrictions | $2,050 |
| 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 | $126,868 |