LAUNCHING YOU 20 INC

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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

2018

Legal Domicile

Principal Officer

DAVID DUDAS

Phone

2165591767

Tax Period

2023-01-01 to 2023-12-31

Mission

OUR MISSION IS TO LAUNCH YOUNG PEOPLE THAT ARE DEEMED AT RISK INTO SELF SUFFICIENCY AND SUCCESSFUL ADULTHOOD.

Program Service Accomplishments

Program 1

Expenses: $156,580

AFTER SCHOOL CARE/ACTIVITIES FOR AT RISK YOUTH: IN 2022, LAUNCHING YOU 2.0 CREATED AN EDUCATIONAL AFTER SCHOOL PROGRAM FOR 25 HIGH SCHOOLERS, TO INCLUDE DRONE FLYING, PHOTOGRAPHY AND VIDEOGRAPHY...

AFTER SCHOOL CARE/ACTIVITIES FOR AT RISK YOUTH: IN 2022, LAUNCHING YOU 2.0 CREATED AN EDUCATIONAL AFTER SCHOOL PROGRAM FOR 25 HIGH SCHOOLERS, TO INCLUDE DRONE FLYING, PHOTOGRAPHY AND VIDEOGRAPHY, MENTORING K-3 STUDENTS AND LIFE SKILLLS.

Program 2

Expenses: $144,861

TRANSPORTATION FOR AT RISK YOUTH: LAUNCHING YOU 2.0 TRANSPORTED APPROXIMATELY 160 STUDENTS, WHO DID NOT QUALIFY FOR PUBLIC TRANSPORTATION, FROM EDGE ACADEMY AND AKROS MIDDLE SCHOOL FREE OF CHARGE TO...

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $633

Salaries & Benefits $166,792

Fundraising Expenses $0

Program Expenses $301,441

Other Expenses $137,887

TOTAL EXPENSES $305,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$450,760	-1.0%
Expenses	$305,312	$101,736	+2.0%
Net Income	N/A	$349,024	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID DUDAS	PRESIDENT/TREASURER	10.00	Officer Director	$0	$0	$0
SUSAN DUDAS	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM SCHNERING	TRUSTEE	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
2024	No data	No data	No data	No data
2023	No data	$305,312	$67,821	No data
2022	$450,760	$101,736	$373,827	$349,024