DANVILLE, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC (DBA THE LAUNCH PLACE), founded in 2005, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2017. The organization ran a surplus of $1.0M, a strong 49% operating margin.
THE LAUNCH PLACE (TLP), A VENTURE DEVELOPMENT ORGANIZATION LOCATED IN DANVILLE, VA AND IN THE RESEARCH TRIANGLE PARK, NC. THE LAUNCH PLACE INVESTS IN INNOVATIVE START-UPS IN VIRGINIA AND NORTH CAROLINA WITH A POTENTIAL TO CREATE ECONOMIC IMPACT IN THE DAN RIVER REGION FROM ITS PRE-SEED AND SEED INVESTMENT FUNDS. IN ADDITION TO THE INVESTMENTS, TLP PROVIDES BUSINESS CONSULTING, TRAINING, MENTORING AND OFFICE SPACE TO ENTREPRENEURS.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $899,487 | $2,547,629 | -0.6% |
| Expenses | $863,476 | $933,957 | -0.1% |
| Net Income | $36,011 | $1,613,672 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAN DAVIS | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARY EVANS | BOARD VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT CREEDEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN HORIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTY KASZUBOWSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EVA DOSS | PRESIDENT/CEO | 60.00 |
Officer
|
$203,391 | $0 | $203,391 |
| VARUN SADANA | VICE PRESIDENT | 60.00 |
Highest
|
$163,756 | $0 | $163,756 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $899,487 | $863,476 | $9,771,756 | $36,011 |
| 2024 | $2,547,629 | $933,957 | $9,541,057 | $1,613,672 |
| 2023 | $2,569,170 | $964,361 | $7,928,122 | $1,604,809 |
| 2022 | $1,752,354 | $1,053,561 | $6,448,984 | $698,793 |
| 2021 | $2,222,109 | $930,858 | $5,617,882 | $1,291,251 |
| 2020 | $585,746 | $922,185 | $4,471,056 | $-336,439 |
| 2019 | $1,423,486 | $916,594 | $4,739,240 | $506,892 |
| 2018 | $2,121,828 | $1,081,885 | $4,225,048 | $1,039,943 |
Compare SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC (DBA THE LAUNCH PLACE) with other nonprofits in Virginia and across the country.