Totals
- Total revenue
- $550,067
- Total expenses
- $501,446
- Contributions and grants received
- $550,067
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $105,421
- Total liabilities, end of year
- $56,800
- Net assets or fund balances, end of year
- $48,621
- Program services expenses (Part IX)
- $272,460
- Management and general expenses
- $169,108
- Fundraising expenses
- $59,878
- Program service expenses (Part III)
- $272,460
Program services were 54.3% 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.
-
1f · All other contributions, gifts and grants
$550,067
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $1,303 · management and general $1,303
-
11e · Fees: professional fundraising services
total $35,000 · fundraising $35,000
-
11g · Fees: other
total $378,922 · program services $246,508 · management and general $107,536 · fundraising $24,878
-
13 · Office expenses
total $48,000 · management and general $48,000
-
17 · Travel
total $7,452 · program services $7,452
-
24a · Other expenses: RESEARCH
total $12,500 · program services $12,500
-
24b · Other expenses: BOARD EXPENSES
total $12,000 · program services $6,000 · management and general $6,000
-
24c · Other expenses: SUPPLIES
total $3,939 · management and general $3,939
-
24d · Other expenses: EQUIPMENT EXPENSE
total $2,330 · management and general $2,330
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $105,421
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $56,800
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $48,621
Mission and programs · 2023
Mission
LAUNCH MICHIGAN IS A CROSS-PARTISAN, NONPROFIT ORGANIZATION THAT INCLUDES EDUCATION, BUSINESS, LABOR AND PHILANTHROPIC LEADERS WORKING TOGETHER TO REIMAGINE MICHIGAN'S SYSTEM OF PUBLIC EDUCATION TO PREPARE EVERY CHILD FOR SUCCESS AFTER HIGH SCHOOL.
-
LAUNCH MICHIGAN IS GUIDED BY OUR FRAMEWORK FOR TRANSFORMATION. IT IS A ROADMAP FOR REINVENTING MICHIGAN'S PUBLIC EDUCATION SYSTEM. THE LAUNCH MICHIGAN FRAMEWORK INCLUDES THREE KEY PILLARS: 1.) REINVENTION: CREATE A TOP-PERFORMING EDUCATION SYSTEM FOR MICHIGAN AND WILL UNLOCK A COLLEGE AND CAREER READINESS STANDARD IN A WAY THAT REVOLUTIONIZES EDUCATION IN MICHIGAN AND PROVIDES INNOVATIVE SOLUTIONS FOR ALL STUDENTS AT ALL LEVELS. 2.) RESPONSIBILITY: A REALIGNED AND REDEFINED SYSTEM OF GOVERNANCE & ACCOUNTABILITY TO REDESIGN AN EDUCATION SYSTEM THAT PROMOTES TRANSPARENCY AND ALIGNS OUR STATE'S GOVERNMENT STRUCTURE MORE COHESIVELY AND EFFECTIVELY AND HAS ALL STUDENTS IN MIND. AND 3.) RESOURCES: INCREASED INVESTMENT IN PUBLIC EDUCATION AND WILL INVEST IN OUR STUDENTS IN A WAY THAT ADDRESSES THEIR EVERY NEED, AT EVERY LEVEL, SUPPORTING AND PROMOTING GROWTH AND PROSPERITY IN THEIR FUTURE AND FOR THE FUTURE OF MICHIGAN'S ECONOMY.
Expenses $272,460
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Venessa KesslerDR VENESSA KESSLER
PRESIDENT & CEO
- Total calculated
- $61,257
- From this org
- $60,000
- From related orgs
- $0
- Other
- $1,257
- Hours/week
- 40
-
Bill ParfetBILL PARFET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald E Hall JrRONALD E HALL JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen McPheeKAREN MCPHEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Nikolai VittiDR NIKOLAI VITTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark BernsteinMARK BERNSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gerry AndersonGERRY ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kylee Mitchell WellsKYLEE MITCHELL WELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lee GrahamLEE GRAHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tina KerrTINA KERR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff DonofrioJEFF DONOFRIO
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Chandra MadafferiCHANDRA MADAFFERI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brian CalleyBRIAN CALLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Punita Dani ThurmanPUNITA DANI THURMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Terry GardnerTERRY GARDNER
CFO
- Total calculated
- $0
- Hours/week
- 4
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433179349306063
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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