LAUNCH ACADEMY INC (EIN 834172296) - 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

2019

Legal Domicile

Principal Officer

Leonard Fischer

Phone

8125319273

Tax Period

2024-01-01 to 2024-12-31

LAUNCH ACADEMY INC, founded in 2019, is a small nonprofit in the Education sector that reported $173K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $163K left a modest 5% surplus.

Mission

Launch Academy performs educational services primarily for pre kindergarten and kindergarten students preparing them for public schools. Launch also provides tutoring services for elementary students.

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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 (2024)

Revenue Breakdown

Contributions & Grants $32,999

Program Service Revenue $137,896

Investment Income $0

Other Revenue $1,922

TOTAL REVENUE $172,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,131

Fundraising Expenses $0

Program Expenses $163,484

Other Expenses $46,353

TOTAL EXPENSES $163,484

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,817	$189,680	-0.1%
Expenses	$163,484	$205,714	-0.2%
Net Income	$9,333	$-16,034	-1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Thomas	Member	1	Director	$0	$0	$0
Tyler Fischer	President	1	Officer Director	$0	$0	$0
Kathy Judd	Member	5	Director	$0	$0	$0
Leonard Fischer	Treasurer	10	Officer Director	$0	$0	$0
Heather C Schaefer	Secretary	2	Officer Director	$0	$0	$0
Michael R Brown	Member	1	Director	$0	$0	$0
Eric P Moore	Member	1	Director	$0	$0	$0
Julie T Houston	Member	1	Director	$0	$0	$0
Chris Spillman	Member	2	Director	$0	$0	$0
Stephanie L Hood	Member	1	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	$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

LAUNCH ACADEMY INC