Launch Alaska (EIN 474899425) - 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

Principal Officer

Isaac Vanderburg

Phone

9079523681

Tax Period

2022-07-01 to 2023-06-30

Launch Alaska is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2022. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 10% surplus.

Mission

LAUNCH ALASKA IS A 501(C)(3) THAT SUPPORTS TECH STARTUPS THAT CAN SOLVE CHALLENGING PROBLEMS IN ALASKA. IT PROVIDES THE STARTUPS WITH TRAINING, MENTORSHIP, ADVICE AND NETWORKING OPPORTUNITIES. IT ALSO HELPS THE COMPANIES IDENTIFY OPPORTUNITIES FOR GROWTH WITHIN THE ALASKA ECONOMY, AND HELPS THEM DEVELOP THEIR MARKETING AND COMMUNICATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,161,001

Program Service Revenue $583,880

Investment Income $0

Other Revenue $11,854

TOTAL REVENUE $2,756,735

Expense Breakdown

Grants Paid $63,654

Salaries & Benefits $1,560,424

Fundraising Expenses $0

Program Expenses $1,854,105

Other Expenses $846,301

TOTAL EXPENSES $2,470,379

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,756,735	$1,975,549	+0.4%
Expenses	$2,470,379	$1,981,104	+0.2%
Net Income	$286,356	$-5,555	-52.5%

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

$804,331

Total Directors

$174,183

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rob Roys	Chief Innovation Officer	40.0	Officer	$176,452	$17,298	$193,750
Isaac Vanderburg	Vice President, CEO	40.0	Officer Director	$156,238	$17,945	$174,183
Frances Ball	Chief Operations Officer	40.0	Officer	$138,423	$18,793	$157,216
Timothy Leach	Transportation Lead	40.0	Highest	$130,682	$13,757	$144,439
Pam Kauveiyakul	Chief Partnerships Officer	40.0	Officer	$123,104	$18,939	$142,043
Brij Hall-Potnis	Deployment Lead	40.0	Highest	$125,975	$13,522	$139,497
Penny Gage	Managing Director	40.0	Officer	$121,659	$15,480	$137,139
Mary Miner	Board President	1.5	Officer Director	$0	$0	$0
Chad Estes	Treasurer	1.5	Officer Director	$0	$0	$0
Daniel Mitchell	Board Member	1.5	Director	$0	$0	$0
Angela Rodell	Board Member	1.5	Director	$0	$0	$0
Michael Bourdukofsky	Board Member	1.5	Director	$0	$0	$0
Joe Jacobsen	Board Member	1.5	Director	$0	$0	$0
Tom Hsieh	Board Member	1.5	Director	$0	$0	$0
Dane Boysen	Board Member	1.5	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,756,735	$2,470,379	$210,054	$286,356
2022	$1,975,549	$1,981,104	$119,878	$-5,555
2021	$848,038	$1,119,401	$173,634	$-271,363
2020	$706,479	$811,265	$162,116	$-104,786
2019	$694,670	$588,225	$338,738	$106,445

Launch Alaska