LAUNCH PAD FOUNDATION

EIN: 834195654 501(c)(3) Community Improvement

NASHVILLE, TN

Total Revenue
$538,705
Total Expenses
$93,737
Total Assets
$837,831
Net Assets
$839,339
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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
TN
Principal Officer
CHRISTOPHER SCHULTZ
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

LAUNCH PAD FOUNDATION, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $539K in total revenue in fiscal year 2024. The organization ran a surplus of $445K, a strong 83% operating margin.

Mission

INCREASES ACCESS TO ENTREPRENEURIAL OPPORTUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $61,095
Program Service Revenue $0
Investment Income $1
Other Revenue $477,609
TOTAL REVENUE $538,705

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,943
Other Expenses $93,737
TOTAL EXPENSES $93,737

Year-over-Year Comparison

2024 2023 Change
Revenue $538,705 $-62,113 -9.7%
Expenses $93,737 $100,122 -0.1%
Net Income $444,968 $-162,235 -3.7%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER SCHULTZ DIRECTOR 0.00
Director
$0 $0 $0
ANNE DRISCOLL PRESIDENT 0.00
Director
$0 $0 $0
SCOTT SHALETT DIRECTOR 0.00
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 $538,705 $93,737 $837,831 $444,968
2023 $-62,113 $100,122 $1,429,905 $-162,235
2022 $77,591 $127,180 $1,625,791 $-49,589
2021 $1,686,625 $24,448 $1,663,906 $1,662,177
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