Launch Pad
- Assets
- $916.1k
- Revenue
- $532.4k
- Investments
- $0.0
- Employees
- 17
- Location
- Prescott, AZ
- Founding
- 01/2015
- Data as of
- 06/2021
- EIN
- 46-5601468
Organization Overview
Launch Pad is located in Prescott, AZ. The organization was established in 2015. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2021, Launch Pad employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Pad is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Launch Pad generated $532.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $331.1k during the year ending 06/2021. While expenses have increased by 31.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCITE TEEN CONFIDENCE AND EMPOWERMENT THROUGH INNOVATIVE COMMUNITY EDUCATION AND ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCITE TEEN CONFIDENCE AND EMPOWERMENT THROUGH INNOVATIVE COMMUNITY EDUCATION AND ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Osterfelt Executive Dir. | Officer | 40 | $44,000 |
Andrew Baird President | OfficerTrustee | 0.5 | $0 |
Annie Wilkinson Vice President | OfficerTrustee | 0.5 | $0 |
Tracey Frederickson Secretary | OfficerTrustee | 0.5 | $0 |
Joe Allen Vice President | OfficerTrustee | 0.5 | $0 |
Ryan Glennan Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,451 |
| Noncash contributions included in lines 1a–1f | $763 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,951 |
| Total Program Service Revenue | $5,810 |
| Investment income | $183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $71,416 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $532,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,994 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,746 |
| Advertising and promotion | $8,042 |
| Office expenses | $1,815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,202 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,184 |
| Insurance | $10,246 |
| All other expenses | $7,018 |
| Total functional expenses | $331,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,513 |
| Savings and temporary cash investments | $225,394 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $376,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,350 |
| Total assets | $916,074 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,114 |
| Total liabilities | $33,114 |
| Net assets without donor restrictions | $484,684 |
| Net assets with donor restrictions | $398,276 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $916,074 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Launch Pad has recieved totaling $436,219.
| Awarding Organization | Amount |
|---|---|
Burton Family Foundation Phoenix, AZ PURPOSE: FOR THE CAN YOU SEE IT? CAPITAL CAMPAIGN | $200,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $107,909 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Don Bennett Moon Foundation Inc Prescott, AZ PURPOSE: POSITIVE OPPORTUNITES FOR TEENS IN YAVAPAI COUNTY | $26,000 |
Del E Webb Foundation Prescott, AZ PURPOSE: HELP PURCHASE 15 PASSENGER SHUTTLE VAN | $22,000 |
Desert Financial Credit Union Phoenix, AZ PURPOSE: AFTER SCHL/MENTOR PRGM GRNT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peer Health Exchange Inc Oakland, CA | $17,018,779 | $10,628,893 |
With God All Things Are Possible Colorado Springs, CO | $4,122,632 | $7,003,713 |
Quest Programs Inc Berkeley, CA | $653,814 | $5,006,490 |
Invest In Kids Denver, CO | $2,954,407 | $4,581,934 |
Teens Inc Nederland, CO | $2,254,072 | $4,597,611 |
Rocky Mountain Youth Corps Steamboat Springs, CO | $3,861,712 | $4,727,186 |
Pasadena Child Development Associates Inc Pasadena, CA | $1,901,761 | $4,779,997 |
Mei Fong And Associates San Francisco, CA | $4,072,950 | $3,702,871 |
Colorado Rampage Monument, CO | $799,261 | $2,891,993 |
Frandelja Enrichment Childrens Program San Francisco, CA | $3,565,331 | $3,467,814 |
Learn Fresh Education Co Denver, CO | $4,040,428 | $5,838,413 |
Mending Matters San Diego, CA | $790,458 | $2,939,787 |