LAUNCH INC (EIN 462203112) - 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

2011

Legal Domicile

Principal Officer

HAL BOWLING

Phone

4235239307

Tax Period

2024-01-01 to 2024-12-31

LAUNCH INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $999K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 54% operating deficit.

Mission

LAUNCH EMPOWERS INDIVIDUALS AND IMPACTS COMMUNITIES THROUGH ENTREPRENEURSHIP.

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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 $614,905

Program Service Revenue $301,101

Investment Income $1,546

Other Revenue $81,537

TOTAL REVENUE $999,089

Expense Breakdown

Grants Paid $5,591

Salaries & Benefits $547,569

Fundraising Expenses $165,680

Program Expenses $1,014,214

Other Expenses $981,731

TOTAL EXPENSES $1,534,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$999,089	$1,594,760	-0.4%
Expenses	$1,534,891	$1,257,726	+0.2%
Net Income	$-535,802	$337,034	-2.6%

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

Total Directors

$253,590

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAL BOWLING	CEO	40.00	Director	$122,707	$9,088	$131,795
ZAC BROWN	MEMBER	1.00	Director	$0	$0	$0
MARCUS CADE-JOHNSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHUCK FISHER	MEMBER	1.00	Director	$0	$0	$0
LINDSEY GALLAHER	MEMBER	1.00	Director	$0	$0	$0
QUENTIN LAWRENCE	MEMBER	1.00	Director	$0	$0	$0
JULI-ANN MORGAN	TREASURER	1.00	Officer Director	$0	$0	$0
TERNAE JORDAN SR	MEMBER	1.00	Director	$0	$0	$0
LUIS CONTRERAS	MEMBER	1.00	Director	$0	$0	$0
DEJUAN JORDAN	CEO	40.00	Director	$112,707	$9,088	$121,795
MANDY SENN-SIMMONS	MEMBER	1.00	Director	$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	$999,089	$1,534,891	$3,447,753	$-535,802
2023	$1,594,760	$1,257,726	$1,678,542	$337,034
2022	$1,180,931	$981,190	$1,317,452	$199,741
2021	$876,031	$1,045,941	$703,571	$-169,910
2021	$792,532	$1,038,936	$603,999	$-246,404
2020	$1,003,661	$905,520	$853,806	$98,141
2019	$880,705	$694,021	$600,382	$186,684
2018	$530,596	$812,411	$411,130	$-281,815

LAUNCH INC