Launch Uganda

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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

2023

Legal Domicile

Principal Officer

Mark Kellond

Phone

5414502326

Tax Period

2024-01-01 to 2024-12-31

Launch Uganda, founded in 2023, is a small nonprofit in the Human Services sector that reported $235K in total revenue in fiscal year 2024. Expenses of $221K left a modest 6% surplus.

Mission

Transforming Ugandan communities by empowering the next generation of Christian leaders through education, training and faith.

Program Service Accomplishments

Program 1

Expenses: $189,899

#1- We fully sponsored 20 students in our program providing $200 a month to each student. #2- A new ministry was started to girls, and we were able to house 5 new girls and housed 7 boys. #3- We...

#1- We fully sponsored 20 students in our program providing $200 a month to each student. #2- A new ministry was started to girls, and we were able to house 5 new girls and housed 7 boys. #3- We built a boys and girls dormitory along with restrooms and a kitchen. #4- A classroom was also partially built that contains a computer lab, an office, and a managers quarters. #5- Brick machines were purchased, and over 25,000 bricks were made by our students with a fence that was erected around the See Schedule O for the remaining information.

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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 $234,973

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $234,976

Expense Breakdown

Grants Paid $129,043

Salaries & Benefits $54,050

Fundraising Expenses $0

Program Expenses $189,899

Other Expenses $38,035

TOTAL EXPENSES $221,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,976	N/A	N/A
Expenses	$221,128	N/A	N/A
Net Income	$13,848	N/A	N/A

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

N/A

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

$57,921

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK KELLOND	President	40.00	Officer	$34,050	$3,871	$37,921
KERRY KELLOND	Secretary	15.00	Officer	$20,000	$0	$20,000
CRAIG SIMPSON	Board Member	0.00	Director	$0	$0	$0
ALAN KIDD	Vicechair	0.00	Officer	$0	$0	$0
BRETT MOORE	Treasurer	0.00	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
2024	$234,976	$221,128	$42,209	$13,848