LAB LAUNCH INC (EIN 471621472) - 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

MARIE RIPPEN

Phone

6264082203

Tax Period

2020-01-01 to 2020-12-31

LAB LAUNCH INC, founded in 2014, is a small nonprofit in the Employment sector that reported $361K in total revenue in fiscal year 2020. Revenue decreased 20% compared to the prior year.

Mission

THE MISSION OF THE ORGANIZATION IS TO ENABLE LOS ANGELES' SCIENTISTS AND ENTREPRENEURS TO DEVELOP THEIR IDEAS IN AFFORDABLE, HIGH-QUALITY LAB FACILITIES, WITH ACCESS TO SERVICES AND A SUPPORTIVE INNOVATION COMMUNITY TO ACCELERATE THEIR SUCCESS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $359,866

Program Service Revenue $0

Investment Income $0

Other Revenue $1,110

TOTAL REVENUE $360,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,967

Fundraising Expenses $3,886

Program Expenses $282,792

Other Expenses $278,309

TOTAL EXPENSES $353,276

Year-over-Year Comparison

	2020	2019	Change
Revenue	$360,976	$449,345	-0.2%
Expenses	$353,276	$464,288	-0.2%
Net Income	$7,700	$-14,943	-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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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

$51,298

Total Directors

$4,375

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIE RIPPEN	CEO	40.00	Officer	$46,923	$0	$46,923
LLEWELLYN COX	Director	10.00	Officer Director	$4,375	$0	$4,375
ARYE LIPMAN	Director	1.00	Director	$0	$0	$0
BLAINE FETTER	Director	1.00	Director	$0	$0	$0
STEVE CASPER	Director	1.00	Director	$0	$0	$0
SARA HAMMES	Director	1.00	Director	$0	$0	$0
NARDO MANOLOTO RESIGNED OCT 2019	Director	1.00	Director	$0	$0	$0
THOMAS ADAMS	Director	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
2020	$360,976	$353,276	$67,985	$7,700
2019	$449,345	$464,288	$76,256	$-14,943
2018	$408,463	$386,300	$88,393	$22,163

LAB LAUNCH INC