Project Launch
- Assets
- $121.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deer Isle, ME
- Founding
- Data as of
- 12/2022
- EIN
- 87-0885324
Organization Overview
Project Launch is located in Deer Isle, ME. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Launch 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, Project Launch generated $89.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 40.5% each year . All expenses for the organization totaled $67.1k 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 Program Activity:
Part 3
PROVIDE TRANSITIONAL SUPPORT FROM HIGH SCHOOL TO 1) POST-SECONDARY DEGREE COMPLETION AND 2)WORKFORCE VIA APPRENTICESHIP PROGRAM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Hutchinson Executive Dir. | 30 | $0 | |
Lynn Kneedler Chairman | 0 | $0 | |
Chelsea Brown Vice President | 0 | $0 | |
Kathy Githens Secretary | 0 | $0 | |
Susan Siebert Treasurer | 0 | $0 | |
Wendy Alpaugh Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,045 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $89,545 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,889 |
| Professional fees and other payments to independent contractors | $5,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,127 |
| Total expenses | $67,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,521 |
| Other assets | $0 |
| Total assets | $121,521 |
| Total liabilities | $24,815 |
| Net assets or fund balances | $96,706 |