The Launch Pad Foundation Inc (EIN 465308624) - 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

2014

Legal Domicile

Principal Officer

Kenneth D Hill CEO

Tax Period

2019-01-01 to 2019-12-31

The Launch Pad Foundation Inc, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $167K in total revenue in fiscal year 2019. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 21% operating margin.

Mission

Serving families and individuals in the community through meeting essential daily needs as well as coaching, mentoring and providing temporary housing.

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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 (2019)

Revenue Breakdown

Contributions & Grants $155,124

Program Service Revenue $11,842

Investment Income $0

Other Revenue $0

TOTAL REVENUE $166,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,389

Program Expenses $117,636

Other Expenses $131,346

TOTAL EXPENSES $131,346

Year-over-Year Comparison

	2019	2018	Change
Revenue	$166,966	$96,643	+0.7%
Expenses	$131,346	$99,335	+0.3%
Net Income	$35,620	$-2,692	-14.2%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roger Taylor	CPA	5.00	Director	$0	$0	$0
Stephen Wright	CEO	5.00	Director	$0	$0	$0
Kathy Hood	Trustee	5.00	Director	$0	$0	$0
Al Henry	Pastor	5.00	Director	$0	$0	$0
Kenneth D Hill	President	10.00	Officer	$0	$0	$0
Clarisa G Haugabrook-Hill	Secretary	5.00	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
2019	$166,966	$131,346	$118,187	$35,620
2018	$96,643	$99,335	$82,567	$-2,692

The Launch Pad Foundation Inc