LAUNCH ACADEMY INC

EIN: 834172296 501(c)(3) Education

Brazil, IN

Total Revenue
$192,699
Total Expenses
$159,551
Total Assets
$79,849
Net Assets
$79,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IN
Principal Officer
Leonard Fischer
Phone
8125319273
Tax Period
2025-01-01 to 2025-12-31

LAUNCH ACADEMY INC, founded in 2019, is a small nonprofit in the Education sector that reported $193K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $33K, a strong 17% operating margin.

Mission

Launch Academy educates pre kindergarten students in life skills, kindergarten curriculum and social skills to prepare these students for entrance to public schools with an emphasis on good character skills.

Program Service Accomplishments

Program 1
Expenses: $159,551 Revenue: $161,371

Launch began program operations as a nonprofit in the beginning of the school year in August 2019. Launch began the school year with 64 students attending Monday thru Thursday with a morning and...

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Launch began program operations as a nonprofit in the beginning of the school year in August 2019. Launch began the school year with 64 students attending Monday thru Thursday with a morning and afternoon session. Students are schooled in letter recognition, phonemic sounds, reading readiness skills, writing, formal sentence structure, rhyming, number awareness, counting, money recognition, telling time, shapes recognition of colors, site works recognition, geometric shapes, basic math symbols, geography, and many life skills. Launch tests at the beginning and end of each school year to measure growth gains. Remediation is available for those students needing additional assistance. Students enter public schools with the necessary skills to succeed at their appropriate grade level.

Program 2
Expenses: $0 Revenue: $0

None

Program 3
Expenses: $0 Revenue: $0

none

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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 $66,322
Program Service Revenue $109,425
Investment Income $16,952
Other Revenue $0
TOTAL REVENUE $192,699

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,161
Fundraising Expenses $0
Program Expenses $159,551
Other Expenses $64,390
TOTAL EXPENSES $159,551

Year-over-Year Comparison

2025 2024 Change
Revenue $192,699 $172,817 +0.1%
Expenses $159,551 $163,484 0.0%
Net Income $33,148 $9,333 +2.6%
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

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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
10
Independent Members
10
Employees
7
Volunteers
1

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Thomas Member 1
Director
$0 $0 $0
Shannon Houston Member 2
Director
$0 $0 $0
Kathy Judd Member 4
Director
$0 $0 $0
Michael R Brown Member 1
Director
$0 $0 $0
Eric P Moore Member 2
Director
$0 $0 $0
Julie T Houston Member 2
Director
$0 $0 $0
Leonard Fischer Treasurer 7
Officer
$0 $0 $0
Heather C Schaefer Secretary 2
Officer
$0 $0 $0
Chris Spillman President 5
Officer
$0 $0 $0
Stephanie L Hood Member 1
Officer
$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 $192,699 $159,551 $79,849 $33,148
2024 $172,817 $163,484 $45,800 $9,333
2023 $189,680 $205,714 $41,404 $-16,034
2022 $214,612 $202,677 $54,187 $11,935
2021 $232,713 $235,961 $43,973 $-3,248
2020 $218,684 $179,239 $44,098 $39,445
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