LAUNCH GURLS CORPORATION (EIN 850908781) - 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

2020

Legal Domicile

Principal Officer

AVERIL SPENCER

Phone

4048637737

Tax Period

2023-01-01 to 2023-12-31

LAUNCH GURLS CORPORATION, founded in 2020, is a small nonprofit in the Youth Development sector that reported $191K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO ENABLE THE ECONOMIC EMPOWERMENT OF GIRLS AND YOUNG WOMEN AROUND THE WORLD.

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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 $190,987

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $190,987

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $83,629

Fundraising Expenses $0

Other Expenses $175,233

TOTAL EXPENSES $312,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,987	$408,928	-0.5%
Expenses	$312,667	$332,336	-0.1%
Net Income	$-121,680	$76,592	-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

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

$77,832

Total Directors

$77,832

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AVERIL SPENCER	PRESIDENT DIRECTOR CEO	40.00	Officer Director	$77,832	$0	$77,832
KYLIE SCHUYLER	TREASURER DIRECTOR	1.00	Officer Director	$0	$0	$0
DEBIRAH JACKSON	SECRETARY DIRECTOR	1.00	Officer Director	$0	$0	$0
BARBARA HERZ	DIRECTOR	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	$190,987	$312,667	$6,176	$-121,680
2022	$408,928	$332,336	$126,868	$76,592
2021	$245,609	$200,443	$55,231	$45,166

LAUNCH GURLS CORPORATION