TENNESSEE VALLEY REGIONAL PARTNERSHIP DBA LAUNCH

EIN: 934960154 501(c)(3) Community Improvement

HUNTSVILLE, AL

Total Revenue
$260,978
Total Expenses
$268,067
Total Assets
$10,823
Net Assets
$10,823
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
AL
Principal Officer
JOHN ALLEN
Phone
2056576300
Tax Period
2025-01-01 to 2025-12-31

TENNESSEE VALLEY REGIONAL PARTNERSHIP DBA LAUNCH, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $261K in total revenue in fiscal year 2025.

Mission

THE CORPORATION IS FORMED FOR FOSTERING ECONOMIC DEVELOPMENT AND QUALITY OF LIFE IN THE TENNESSEE VALLEY IN THE STATE OF ALABAMA.

Program Service Accomplishments

Program 1
Expenses: $105,000

LAUNCH TANK: HOSTING THE ANNUAL SINGING RIVER TRAIL LAUNCH TANK COMPETITION. THROUGH THIS EVENT, NORTH ALABAMA ENTREPRENEURS HAVE THE OPPORTUNITY TO PITCH THEIR BUSINESS IDEAS LIVE TO HUNDREDS OF...

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LAUNCH TANK: HOSTING THE ANNUAL SINGING RIVER TRAIL LAUNCH TANK COMPETITION. THROUGH THIS EVENT, NORTH ALABAMA ENTREPRENEURS HAVE THE OPPORTUNITY TO PITCH THEIR BUSINESS IDEAS LIVE TO HUNDREDS OF BUSINESS LEADERS, PUBLIC OFFICIALS, AND PEOPLE IN THE COMMUNITY. FINALISTS RECEIVE NON-DILUTIVE FUNDING AND DIRECT INTRODUCTIONS TO PROGRAMS AND RESOURCES TAILORED TO SUPPORT THEIR BUSINESS NEEDS.

Program 2

LAND USE & INFRASTRUCTURE: SUPPORTING ENHANCED REGIONAL LAND USE AND INFRASTRUCTURE PLANNING TO INCREASE QUALITY OF LIFE, PROVIDE CONNECTIVITY, AND BOOST ECONOMIC GROWTH THROUGHOUT THE TENNESSEE...

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LAND USE & INFRASTRUCTURE: SUPPORTING ENHANCED REGIONAL LAND USE AND INFRASTRUCTURE PLANNING TO INCREASE QUALITY OF LIFE, PROVIDE CONNECTIVITY, AND BOOST ECONOMIC GROWTH THROUGHOUT THE TENNESSEE VALLEY.

Program 3
Expenses: $97,600

WORKFORCE DEVELOPMENT: COLLABORATION, COOPERATION, AND ENGAGEMENT GUIDE WORKFORCE DEVELOPMENT EFFORTS IN NORTH ALABAMA, INCLUDING WORKFORCE AND ECONOMIC DEVELOPMENT EXPERTS, BUSINESS LEADERS, ALL...

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WORKFORCE DEVELOPMENT: COLLABORATION, COOPERATION, AND ENGAGEMENT GUIDE WORKFORCE DEVELOPMENT EFFORTS IN NORTH ALABAMA, INCLUDING WORKFORCE AND ECONOMIC DEVELOPMENT EXPERTS, BUSINESS LEADERS, ALL LEVELS OF EDUCATION REPRESENTATIVES, COMMUNITY LEADERS, LOCAL AND STATE OFFICIALS, AND MANY MORE. WORKFORCE DEVELOPMENT EFFORTS ARE FOCUSED ON THREE KEY AREAS: - DEVELOP AND SUPPORT A ROBUST TALENT PIPELINE IN OUR REGION THROUGH PARTNERSHIP AND COLLABORATION WITH EDUCATION AND TRAINING PROVIDERS. - HELP ALIGN RESOURCES THAT ADDRESS EMPLOYMENT OPPORTUNITIES AND CHALLENGES IN THE REGION. - SUPPORT RECRUITMENT AND RETENTION EFFORTS OF LOCAL BUSINESSES AND INDUSTRY PARTNERS TO ENSURE OUR REGION IS A DESIRABLE PLACE TO LIVE, WORK, AND STAY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $260,978
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $260,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,000
Fundraising Expenses $0
Program Expenses $236,693
Other Expenses $238,067
TOTAL EXPENSES $268,067

Year-over-Year Comparison

2025 2024 Change
Revenue $260,978 N/A N/A
Expenses $268,067 N/A N/A
Net Income $-7,089 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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
35

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
3
$0
Total Directors
1
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM PAGE EXECUTIVE DI 40.00
Director
$30,000 $0 $30,000
JOHN ALLEN PRESIDENT 1.50
Officer
$0 $0 $0
JOE CAMPBELL VICE PRESIDE 1.50
Officer
$0 $0 $0
RICK TUCKER SECRETARY/TR 1.50
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
2025 $260,978 $268,067 $10,823 $-7,089
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