LAUNCH PAD THE CENTER (EIN 262909240) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

DAVID CONTRERAS

Phone

5128093289

Tax Period

2024-01-01 to 2024-12-31

LAUNCH PAD THE CENTER, founded in 2008, is a small nonprofit in the Human Services sector that reported $137K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 41% operating margin.

Mission

IGNITING HOPE IN DISADVANTAGE YOUTH AND INDIVIDUALS BY REACHING, EQUIPPING AND PROPELLING THEM TO DISCOVER AND FULFILL THEIR HIGHEST POTENTIAL, LAUNCH PAD THE CENTER, MOBILIZES PARTNERSHIPS WITH BUSINESSES AND ORGANIZATIONS TO EMPHASIZE THE NEED FOR COMMUNITY TRANSFORMATION. THE FIVE THINGS DONE FOR COMMUNITY TRANSFORMATION ARE: 1. CONNECT TO STRENGHTEN AND SUPPORT THE INDIVIDUAL AND FAMILY UNIT; 2. SERVE INDIVIDUAL'S BASIC NEEDS; 3. PROVIDE THE EDUCATIONAL, FINANCIAL, VOCATIONAL, AND SPIRITUAL EDUCATION TO BECOME A PRODUCTIVE AND WELL REOUNDED INDIVIDUAL; 4. TEACH AND MODEL INTEGRITY AND GOOD CHARACTER; AND 5. CREATE SELF-SUFFICIENCY WITH PROVIDING THE TOOLS FOR PEOPLE TO BE SUCCESSFUL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,338

Program Service Revenue $0

Investment Income $0

Other Revenue $-12,895

TOTAL REVENUE $137,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,278

Other Expenses $80,598

TOTAL EXPENSES $80,598

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,443	$81,994	+0.7%
Expenses	$80,598	$67,468	+0.2%
Net Income	$56,845	$14,526	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA CONTRERAS	CHAIR	N/A	Director	$0	$0	$0
CHRISTOPHER LOPEZ	DIRECTOR	N/A	Director	$0	$0	$0
CRYSTALINE LOPEZ	DIRECTOR	N/A	Director	$0	$0	$0
DAVID CONTRERAS	EXECUTIVE DI	N/A	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$137,443	$80,598	$81,909	$56,845
2023	$81,994	$67,468	$25,172	$14,526
2022	$58,562	$65,431	$12,955	$-6,869
2022	$58,562	$65,431	$12,955	$-6,869
2021	$9,601	$7,369	$17,407	$2,232
2020	$40,861	$38,968	$15,175	$1,893
2019	$8,801	$7,192	$13,282	$1,609
2018	$10,643	$13,927	$12,269	$-3,284

LAUNCH PAD THE CENTER