LAUNCH INTERNATIONAL

EIN: 465336835 501(c)(3) Religion

MAX MEADOWS, VA

Total Revenue
$1,053,381
Total Expenses
$1,058,693
Total Assets
$206,891
Net Assets
$206,891
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
VA
Principal Officer
Ronald Gibson
Phone
2769204730
Tax Period
2024-01-01 to 2024-12-31

LAUNCH INTERNATIONAL, founded in 2014, is a small nonprofit in the Religion sector that reported $314K in total revenue in fiscal year 2018. Revenue decreased 16% compared to the prior year. Expenses of $299K left a modest 5% surplus.

Mission

LAUNCH EXISTS TO HELP IN-FIELD WORKERS THRIVE IN THE AREA OF SERVICE BY PROVIDING ADMINISTRATIVE SUPPORT, ENCOURAGING SPIRITUAL AND PERSONAL MATURITY, DEVELOPING VISION AND STRATEGIC PLANNING AND FINALLY PROVIDING ACCOUNTABILITY.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,048,732
Program Service Revenue $0
Investment Income $4,649
Other Revenue $0
TOTAL REVENUE $1,053,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,558
Fundraising Expenses $0
Program Expenses $987,162
Other Expenses $1,027,135
TOTAL EXPENSES $1,058,693

Year-over-Year Comparison

2024 2023 Change
Revenue $1,053,381 $706,336 +0.5%
Expenses $1,058,693 $695,351 +0.5%
Net Income $-5,312 $10,985 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
59

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
0
$0
Total Directors
2
$31,558
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD GIBSON II PRESIDENT 40
Director
$31,558 $0 $31,558
SARAH GIBSON DIRECTOR OF FINANCE 10
Director
$0 $0 $0
RICHARD FRANZEN VICE PRESIDENT 2
$0 $0 $0
JOSHUA GRUBB FUNDING SPECIALIST 5
$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
2025 No data No data No data No data
2024 $1,053,381 $1,058,693 $206,891 $-5,312
2023 $706,336 $695,351 $212,203 $10,985
2022 $596,184 $447,824 $201,217 $148,360
2021 $246,753 $232,895 $52,857 $13,858
2020 $251,722 $289,306 $38,999 $-37,584
2019 $398,684 $372,814 $76,583 $25,870
2018 $314,200 $298,895 $50,713 $15,305
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