LAUNCHPAD COLLECTIVE INC (EIN 993065735) - 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

2024

Legal Domicile

Principal Officer

Robert Carrillo

Phone

9095218432

Tax Period

2025-01-01 to 2025-12-31

LAUNCHPAD COLLECTIVE INC, founded in 2024, is a community nonprofit in the Housing & Shelter sector that reported $5.3M in total revenue in fiscal year 2025. Revenue surged 7334% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 55% operating margin.

Mission

LaunchPad Collective, Inc. advances community-centered economic development through mixed-use real estate projects that integrate housing, small business incubation, workforce development, and supportive services. In 2025, the organization focused on pre-development activities for its flagship project in San Bernardino.

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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 (2025)

Revenue Breakdown

Contributions & Grants $5,253,465

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,253,465

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,339,492

Other Expenses $2,340,520

TOTAL EXPENSES $2,340,520

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,253,465	$70,670	+73.3%
Expenses	$2,340,520	$65,500	+34.7%
Net Income	$2,912,945	$5,170	+562.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniela Carrillo	Secretary	1.00	Officer	$0	$0	$0
Robert Carrillo	President/CEO	20.00	Officer	$0	$0	$0
Yvette Romero	Treasurer/CFO	20.00	Officer	$0	$0	$0
Juan Hernandez	Director	2.00	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
2025	$5,253,465	$2,340,520	$5,992,399	$2,912,945

LAUNCHPAD COLLECTIVE INC