NASHVILLE LAUNCH PAD INC

EIN: 813538014 501(c)(3) Housing & Shelter

NASHVILLE, TN

Total Revenue
$706,061
Total Expenses
$768,198
Total Assets
$297,944
Net Assets
$291,755
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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
2016
Legal Domicile
TN
Principal Officer
HAROLD G STOVALL
Phone
6157523563
Tax Period
2025-01-01 to 2025-12-31

NASHVILLE LAUNCH PAD INC, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $706K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year.

Program Service Accomplishments

Program 1
Expenses: $614,558

CREATED A NETWORK OF TEMPORARY SAFER SLEEPING SHELTERS FOR HOMELESS YOUTH WHILE WORKING TOWARDS A BROADER COMPREHENSIVE SYSTEM OF CARE, IN PARTNERSHIP WITH LOCAL, STATE, AND FEDERAL AGENCIES...

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CREATED A NETWORK OF TEMPORARY SAFER SLEEPING SHELTERS FOR HOMELESS YOUTH WHILE WORKING TOWARDS A BROADER COMPREHENSIVE SYSTEM OF CARE, IN PARTNERSHIP WITH LOCAL, STATE, AND FEDERAL AGENCIES, DESIGNED FOR PREVENTING AND ADDRESSING HOMELESSNESS IN DAVIDSON COUNTY, TENNESSEE.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $666,333
Program Service Revenue $0
Investment Income $7,290
Other Revenue $32,438
TOTAL REVENUE $706,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $621,253
Fundraising Expenses $0
Program Expenses $614,558
Other Expenses $146,945
TOTAL EXPENSES $768,198

Year-over-Year Comparison

2025 2024 Change
Revenue $706,061 $748,839 -0.1%
Expenses $768,198 $616,551 +0.2%
Net Income $-62,137 $132,288 -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

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Governance

Voting Members
13
Independent Members
13
Employees
41
Volunteers
50

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
6
$66,130
Total Directors
14
$66,130
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAROLD G STOVALL EXECUTIVE DIRECTOR 40.00
Officer Director
$66,130 $0 $66,130
EMI CANAHUATI CHAIR 2.00
Officer Director
$0 $0 $0
ANDREW HERRINGTON VICE CHAIR 2.00
Officer Director
$0 $0 $0
MELINDA SANCHEZ TREASURER 2.00
Officer Director
$0 $0 $0
BLAKE MATTHEWS SECRETARY 2.00
Officer Director
$0 $0 $0
STEPHANIE MANKE MEMBER 1.00
Director
$0 $0 $0
EMILY ALLEN MEMBER 1.00
Director
$0 $0 $0
JOSHUA MCINTYRE MEMBER 1.00
Director
$0 $0 $0
JEREMY MCKINNON MEMBER 1.00
Director
$0 $0 $0
JUSTIN PRUETT MEMBER 1.00
Director
$0 $0 $0
AMIEE SADLER MEMBER 1.00
Director
$0 $0 $0
ROBERT THOMAS MEMBER 1.00
Director
$0 $0 $0
ASHLEY WEBSTER MEMBER 1.00
Director
$0 $0 $0
DEREK GIBSON FOUNDER 2.00
Officer 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 $706,061 $768,198 $297,944 $-62,137
2024 $749,333 $616,551 $357,263 $132,782
2023 $445,645 $348,816 $227,067 $96,829
2022 $401,739 $398,815 $129,830 $2,924
2021 $349,037 $325,591 $127,642 $23,446
2020 $332,292 $308,269 $100,087 $24,023
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