SAN DIEGO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAUNCHBIO INC, founded in 2015, is a small nonprofit in the Science & Technology sector that reported $833K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $128K, a strong 15% operating margin.
LAUNCHBIO, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO IDENTIFYING, COUNSELING, AND SUPPORTING HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES. ITS MISSION IS TO BUILD AN ECOSYSTEM OF INNOVATION THAT ADVANCES HUMAN HEALTH AND WELL-BEING BY CONNECTING BIOTECH ENTREPRENEURS WITH CRITICAL RESOURCESKNOWLEDGE, CAPITAL, AND TALENTACROSS THE NATION'S LEADING LIFE SCIENCE HUBS. LAUNCHBIO FOSTERS COLLABORATION, STRENGTHENS ENTREPRENEURIAL ECOSYSTEMS, AND PROMOTES EQUITABLE ACCESS TO OPPORTUNITIES WITHIN THE BIOTECH COMMUNITY, WITH A COMMITMENT TO DIVERSITY AND INCLUSIVENESS AS FOUNDATIONAL PRINCIPLES.
LAUNCHBIO'S MISSION AND IMPACT:LAUNCHBIO IDENTIFIES, COUNSELS, AND SUPPORTS HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES.ITS MISSION IS TO BUILD AN ECOSYSTEM OF INNOVATION FOR...
LAUNCHBIO'S MISSION AND IMPACT:LAUNCHBIO IDENTIFIES, COUNSELS, AND SUPPORTS HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES.ITS MISSION IS TO BUILD AN ECOSYSTEM OF INNOVATION FOR THE BENEFIT OF HUMAN HEALTH AND WELL-BEING.LAUNCHBIO'S IMPACT IS MEASURED BY ITS SUCCESS IN CONNECTING ENTREPRENEURS WITH KNOWLEDGE, CAPITAL AND TALENT - INCLUDING EACH OTHER - NOT ONLY WITHIN GEOGRAPHIC REGIONS, BUT ACROSS THE NATION'S LEADING LIFE SCIENCE HUBS.ENTREPRENEURS CAN SPEND THEIR TIME WORKING ON THEIR SCIENCE, WHILE LAUNCHBIO OFFERS EDUCATION ON BUILDING A BUSINESS, CONNECTING TO RESOURCES AND SUBJECT MATTER EXPERTS, AND INTRODUCTIONS TO FUNDING SOURCES. LAUNCHBIO PLACES ENTREPRENEURS AT THE HEART OF IT'S MISSION. STARTING A LIFE SCIENCE COMPANY IS CHALLENGING, AND IT CAN BE DIFFICULT TO GET THE HELP NEEDED TO ADVANCE AN IDEA, FIND PARTNERS AND FUNDING, AND NAVIGATE THE REGULATORY LANDSCAPE TO ACHIEVE SUCCESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $833,268 | $703,614 | +0.2% |
| Expenses | $705,500 | $663,848 | +0.1% |
| Net Income | $127,768 | $39,766 | +2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL HOSTETLER | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN FREEMAN | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIA WILLIAMS | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN GIBSON | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| ANTON XAVIER | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| BECKY BEATTIE | CEO | 40.00 |
Officer
|
$120,000 | $0 | $120,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $833,268 | $705,500 | $341,828 | $127,768 |
| 2023 | $703,614 | $663,848 | $409,567 | $39,766 |
| 2022 | $510,742 | $497,496 | $188,917 | $13,246 |
| 2021 | $424,539 | $452,379 | $197,396 | $-27,840 |
| 2020 | $684,798 | $699,585 | $238,968 | $-14,787 |
| 2019 | $1,101,547 | $1,243,881 | $386,398 | $-142,334 |
| 2018 | $584,994 | $777,232 | $434,506 | $-192,238 |
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