Mission Launch Inc (EIN 454633339) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Teresa Hodge

Phone

3016845166

Tax Period

2024-01-01 to 2024-12-31

Mission Launch Inc, founded in 2012, is a small nonprofit in the Human Services sector that reported $816K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $126K, a strong 15% operating margin.

Mission

Mission Launch envision an America that restores equity and creates sustainable opportunities for fresh starts so that citizens facing barriers due to an arrest and or conviction record

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $641,260

Program Service Revenue $174,778

Investment Income $5

Other Revenue $0

TOTAL REVENUE $816,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,891

Fundraising Expenses $0

Program Expenses $445,438

Other Expenses $521,354

TOTAL EXPENSES $690,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$816,043	$690,309	+0.2%
Expenses	$690,245	$563,154	+0.2%
Net Income	$125,798	$127,155	0.0%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$158,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laurin	Leonard	40.00	Officer	$52,500	$0	$52,500
Teresa	Hodge	40.00	Officer	$105,600	$0	$105,600

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	$816,043	$690,245	$248,090	$125,798
2022	$217,756	$114,131	$65,728	$103,625
2021	$87,580	$93,084	$1,474	$-5,504
2020	$176,500	$161,437	$16,315	$15,063

Mission Launch Inc