LAUNCH NETWORK (EIN 823598469) - 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

2017

Legal Domicile

Principal Officer

JUSTIN DARNELL

Phone

3038081384

Tax Period

2022-07-01 to 2023-06-30

LAUNCH NETWORK, founded in 2017, is a small nonprofit in the Education sector that reported $622K in total revenue in fiscal year 2022.

Mission

The Organization provides academic instruction to children and their families. Objective is to encourage emotional/social development coordinating resources and providing a support system to families in economically challenged shcools and neighborhoods.

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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 $401,149

Program Service Revenue $221,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $622,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $421,978

Fundraising Expenses $16,771

Program Expenses $569,503

Other Expenses $236,932

TOTAL EXPENSES $658,910

Year-over-Year Comparison

	2022	2021	Change
Revenue	$622,349	$632,146	0.0%
Expenses	$658,910	$581,357	+0.1%
Net Income	$-36,561	$50,789	-1.7%

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

N/A

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

$101,000

Total Directors

$101,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN DARNELL	President	40.00	Officer Director	$101,000	$0	$101,000
JANEEL WILLIAMS	Director	2.00	Director	$0	$0	$0
SARAH RAUENHORST	Secretary	40.00	Officer Director	$0	$0	$0
JONATHAN MCMILLAN	Director	2.00	Director	$0	$0	$0
PETE PICCOLO	Director	2.00	Director	$0	$0	$0
AMY ENGELMEN	Director	2.00	Director	$0	$0	$0
SARAH CRAFT	Director	2.00	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
2024	No data	No data	No data	No data
2023	$622,349	$658,910	$242,805	$-36,561
2022	$632,146	$581,357	$277,905	$50,789
2021	$551,641	$368,157	$210,630	$183,484

LAUNCH NETWORK