Totals
- Total revenue
- $18,627,077
- Total expenses
- $17,703,986
- Contributions and grants received
- $3,448,642
- Grants paid
- $112,667
- Program service revenue
- $15,125,219
- Investment income
- $94,567
- Other revenue
- -$41,351
- Total assets, end of year
- $21,183,312
- Total liabilities, end of year
- $4,268,644
- Net assets or fund balances, end of year
- $16,914,668
- Program services expenses (Part IX)
- $15,166,191
- Management and general expenses
- $2,043,030
- Fundraising expenses
- $494,765
- Program service expenses (Part III)
- $15,166,191
Program services were 85.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$317,882
-
1e · Government grants (contributions)
$606,454
-
1f · All other contributions, gifts and grants
$2,524,306
-
1g · Noncash contributions included above
$850,894
-
2a · Program service revenue: TRAINING & PLACEMENT F
total $15,125,219 · related or exempt $15,125,219
-
3 · Investment income
total $101,288 · excluded $101,288
-
7a · Gross sales of assets other than inventory
securities $271,804
-
7b · Less cost or other basis and sales expenses
securities $278,525
-
7c · Gain or loss
securities -$6,721
-
7d · Net gain or loss
total -$6,721 · excluded -$6,721
-
8a · Fundraising events: gross income
$28,930
-
8a · Fundraising events: contributions included on line 1c
$317,882
-
8b · Fundraising events: direct expenses
$71,756
-
8c · Net income from fundraising events
total -$42,826 · excluded -$42,826
-
11a · Other revenue: OTHER INCOME
total $1,475 · excluded $1,475
-
11e · Other revenue, total
$1,475
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $112,667 · program services $112,667
-
5 · Compensation of officers, directors and key employees
total $276,153 · program services $13,201 · management and general $262,952
-
7 · Other salaries and wages
total $11,356,104 · program services $10,237,608 · management and general $803,325 · fundraising $315,171
-
8 · Pension plan contributions
total $241,870 · program services $225,252 · management and general $9,668 · fundraising $6,950
-
9 · Other employee benefits
total $763,327 · program services $688,818 · management and general $53,304 · fundraising $21,205
-
10 · Payroll taxes
total $949,981 · program services $839,285 · management and general $84,888 · fundraising $25,808
-
11b · Fees: legal
total $46,325 · management and general $46,325
-
11c · Fees: accounting
total $69,992 · management and general $69,992
-
11d · Fees: lobbying
total $60,000 · fundraising $60,000
-
11e · Fees: professional fundraising services
total $33,110 · fundraising $33,110
-
11f · Fees: investment management
total $8,320 · management and general $8,320
-
11g · Fees: other
total $1,825,309 · program services $1,547,398 · management and general $275,217 · fundraising $2,694
-
12 · Advertising and promotion
total $109,075 · program services $108,744 · management and general $331
-
13 · Office expenses
total $959,650 · program services $872,664 · management and general $64,254 · fundraising $22,732
-
14 · Information technology
total $260,393 · program services $196,570 · management and general $63,536 · fundraising $287
-
16 · Occupancy
total $120,770 · program services $1,964 · management and general $118,056 · fundraising $750
-
17 · Travel
total $55,175 · program services $29,591 · management and general $22,208 · fundraising $3,376
-
19 · Conferences, conventions and meetings
total $44,506 · program services $31,293 · management and general $11,610 · fundraising $1,603
-
20 · Interest
total $32 · management and general $32
-
22 · Depreciation, depletion and amortization
total $24,440 · management and general $24,440
-
23 · Insurance
total $106,290 · management and general $106,290
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $197,615 · program services $179,358 · management and general $17,240 · fundraising $1,017
-
24b · Other expenses: BAD DEBT
total $70,934 · program services $70,934
-
24c · Other expenses: MEMBERSHIP DUES
total $11,948 · program services $10,844 · management and general $1,042 · fundraising $62
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,561,530 · end of year $5,707,941
-
3 · Pledges and grants receivable
beginning of year $2,642,426 · end of year $1,477,453
-
4 · Accounts receivable
beginning of year $2,177,828 · end of year $2,071,189
-
7 · Other notes and loans receivable
beginning of year $2,876,800 · end of year $2,876,800
-
8 · Inventories for sale or use
end of year $307
-
9 · Prepaid expenses and deferred charges
beginning of year $147,470 · end of year $117,139
-
10a · Land, buildings and equipment: cost or other basis
$383,623
-
10b · Land, buildings and equipment: accumulated depreciation
$80,587
-
10c · Land, buildings and equipment, net
beginning of year $4,751 · end of year $303,036
-
11 · Investments: publicly traded securities
beginning of year $1,076 · end of year $5,016,200
-
15 · Other assets
beginning of year $306,149 · end of year $3,613,247
-
17 · Accounts payable and accrued expenses
beginning of year $648,527 · end of year $681,659
-
19 · Deferred revenue
end of year $49,545
-
25 · Other liabilities
beginning of year $17,696 · end of year $3,537,440
-
27 · Net assets without donor restrictions
beginning of year $10,507,630 · end of year $15,657,548
-
28 · Net assets with donor restrictions
beginning of year $5,544,177 · end of year $1,257,120
Mission and programs · 2022
Mission
LAUNCHCODE IS A NONPROFIT ORGANIZATION DEDICATED TO CREATING ECONOMIC OPPORTUNITY FOR ASPIRING DEVELOPERS THROUGH JOB PLACEMENT AND TRAINING IN TECHNOLOGY.
Activities or mission (Part I)
TO BUILD A SKILLED WORKFORCE BY CREATING PATHWAYS FOR DRIVEN PEOPLE SEEKING CAREERS IN TECHNOLOGY
-
LAUNCHCODE INCREASES ECONOMIC OPPORTUNITY AND UPWARD MOBILITY BY PLACING DRIVEN INDIVIDUALS INTO TECHNOLOGY APPRENTICESHIPS AND JOBS BASED ON APTITUDE, PROFESSIONALISM, AND SKILLS. IN 2022, WE WORKED WITH HUNDREDS OF COMPANIES AND EDUCATION PARTNERS TO HELP OUR CANDIDATES OVERCOME TRADITIONAL BARRIERS TO EMPLOYMENT SUCH AS FORMAL DEGREES OR YEARS OF JOB EXPERIENCE, PLACING 330 INDIVIDUALS INTO APPRENTICESHIPS OR PERMANENT JOBS IN TECHNOLOGY. LAUNCHCODE PROVIDED TECH EDUCATION SERVICES TO 1,268 NEW INDIVIDUALS IN 2022. IN PURSUIT OF THIS GOAL, LAUNCHCODE RECEIVED SUBSTANTIAL IN-KIND SUPPORT (RENT, CONSULTING, ACCOUNTING AND LEGAL SERVICES, MENTORING, DIGITAL MARKETING AND SOFTWARE LICENSES FOR APPRENTICESHIP CANDIDATES) VALUED AT $2,407,402.
Expenses $15,166,191 · Grants $112,667 · Revenue $15,125,219
As filed on the 2022 return.
Listed in Part VII
-
Michael NorthropMICHAEL NORTHROP
LEAD MANAGING DIRECTOR
- Total calculated
- $163,251
- From this org
- $150,568
- From related orgs
- $0
- Other
- $12,683
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $82,049
- Bonus
- $68,519
- Other
- $0
- Deferred
- $9,106
- Nontaxable benefits
- $3,577
- Filer's total
- $163,251
-
Crystal ClumpCRYSTAL CLUMP
SENIOR MANAGING DIRECTOR
- Total calculated
- $135,500
- From this org
- $130,570
- From related orgs
- $0
- Other
- $4,930
- Hours/week
- 60
-
Lin WangLIN WANG
CHIEF PROGRAM OFFICER
- Total calculated
- $132,330
- From this org
- $114,423
- From related orgs
- $0
- Other
- $17,907
- Hours/week
- 60
-
Keith SlaterKEITH SLATER
VP OF TECHNOLOGY
- Total calculated
- $128,275
- From this org
- $110,195
- From related orgs
- $0
- Other
- $18,080
- Hours/week
- 60
-
Jeff MazurJEFF MAZUR
EXECUTIVE DIRECTOR (RES. 11/22)
- Total calculated
- $125,845
- From this org
- $108,803
- From related orgs
- $0
- Other
- $17,042
- Hours/week
- 60
-
Ethan LeighETHAN LEIGH
CFO
- Total calculated
- $121,094
- From this org
- $106,959
- From related orgs
- $0
- Other
- $14,135
- Hours/week
- 60 + 1 related
-
Claire AndersonCLAIRE ANDERSON
SENIOR DIRECTOR COMPANY RELATIONS
- Total calculated
- $113,710
- From this org
- $109,707
- From related orgs
- $0
- Other
- $4,003
- Hours/week
- 60
-
Sarah MayerSARAH MAYER
INT. ED (BEG. 9/22)/DIR. (END 9/22)
- Total calculated
- $29,214
- From this org
- $29,214
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
James McKelveyJAMES MCKELVEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 8
-
Timothy McFaddenTIMOTHY MCFADDEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.3 + 1 related
-
Cyeria JacksonCYERIA JACKSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1.8
-
Mark BrooksMARK BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Alison FerringALISON FERRING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Michael GallagherMICHAEL GALLAGHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Dan GillianDAN GILLIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Everett JohnsonEVERETT JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Julian NicksJULIAN NICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Ernest SmileyERNEST SMILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.8
-
Brooke WilliamsBROOKE WILLIAMS
DIRECTOR (END 12/22)
- Total calculated
- $0
- Hours/week
- 1.8
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TRANSFER TO SUPPORTING ORGANIZATION
-
MEASURE SKILLS GAINED FROM JUSTECH PROGRAM (LC101 CODING COURSES AT MO DOC FACILITIES)
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LAUNCHCODE 4811 DELMAR BUILDING OWNER
501(C)(3) · SUPPORT THE LAUNCHCODE FOUNDATION · MO · controlled entity
Directly controlled by THE LAUNCHCODE FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343179349311749
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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