SOMERVILLE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO ENABLE THE ECONOMIC EMPOWERMENT OF GIRLS AND YOUND WOMEN AROUND THE WORLD.
LAUNCH GIRLS CREATES ENTREPRENEURIAL EDUCATIONAL PROGRAMMING ROOTED IN RESEARCH AND REALITY, DESIGNED FOR ADOLESCENT GIRLS AGES 14-24 IN SOUTHEAST ASIA AND AFRICA. IN 2023, LAUNCH GURLS IMPACTED OVER...
LAUNCH GIRLS CREATES ENTREPRENEURIAL EDUCATIONAL PROGRAMMING ROOTED IN RESEARCH AND REALITY, DESIGNED FOR ADOLESCENT GIRLS AGES 14-24 IN SOUTHEAST ASIA AND AFRICA. IN 2023, LAUNCH GURLS IMPACTED OVER 5,000 GIRLS IN 13 COUNTRIES. LG PARTNERED WITH FOUR DIFERENT NONPROFITS AND TO BUILD THEIR CAPACITY TO DELIVER OUR GIRL BOSS PROGRAMMING. WE SPENT TIME IN 2023 TRIANING PARTNERS AND MENTORS TO IMPLEMENT GIRL BOSS PROGRAMMING. WE PROVIDED CURRICULUM, TRAINING, MANAGEMENT TOOLS, IMPACT ASSESSMENT TO OUR PARNTERS. OUR CURRENT PROGRAMS ARE GIRL BOSS BASICS, GIRL BOSS BUSINESS, GIRL BOSS RISE, GIRL BOSS CLUBS, AND GIRL BOSS WORKSHOPS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare LAUNCH GURLS CORPORATION with other nonprofits in Massachusetts and across the country.