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The Launchcode Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471718432 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

Overview

What is The Launchcode Foundation?

The Launchcode Foundation, a nonprofit based in Saint Louis, Missouri (Address: 4811 Delmar Blvd, ZIPCd: 63108), focuses on creating economic opportunities and upward mobility by directly placing driven individuals into technology apprenticeships and jobs, based on aptitude, professionalism, and skills. In 2022, they collaborated with hundreds of companies and education partners to help candidates overcome employment barriers, placing 330 individuals into apprenticeships or permanent jobs in technology. The organization also provided tech education services to 1,268 new individuals. The mission of Launchcode is to build a skilled workforce by creating alternative paths for people seeking careers in technology. Their activities include offering a range of support such as consulting, accounting and legal services, mentoring, digital marketing, software licenses, and training. The foundation employs a team of 473 individuals dedicated to this noble cause.


Official website here: www.launchcode.org

Is The Launchcode Foundation legitimate?

The Launchcode Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Launchcode Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $276,153
Professional Fundraising Fees: $33,110
Other Salaries and Wages: $11,356,104

For more financial information, click here


Official website here: www.launchcode.org

What is the mission statement of The Launchcode Foundation?

The Launchcode Foundation is a non-profit organization committed to building a skilled workforce by creating opportunities for motivated individuals seeking careers in technology. Through job placement and training, Launchcode increases economic opportunity and upward mobility for driven individuals. In 2022, the Foundation worked with hundreds of companies and education partners to help candidates overcome employment barriers, placing 330 individuals into apprenticeships or permanent jobs in technology. With a focus on aptitude, professionalism, and skills, Launchcode provides tech education services to a large number of new individuals each year. In pursuit of this goal, the Foundation received significant in-kind support valued at over two million four hundred seventy thousand dollars.


Official website here: www.launchcode.org

Who is the CEO of The Launchcode Foundation?

James Mckelvey is the President of The Launchcode Foundation.


Official website here: www.launchcode.org

What is the revenue of The Launchcode Foundation?

The Launchcode Foundation's revenue in 2022 was $18,627,077.


Official website here: www.launchcode.org

Who are the executives of The Launchcode Foundation and what are their salaries?

The average compensation at The Launchcode Foundation during 2022 was $24,593. There are 473 employees and 80 volunteers at The Launchcode Foundation.

Here are 19 key members and their salaries:

    Michael Northrop (Lead Managing Director)
  • Compensation: $150,568
  • Related: $0
  • Other: $12,683

    • Crystal Clump (Senior Managing Director)
  • Compensation: $130,570
  • Related: $0
  • Other: $4,930

    • Lin Wang (Chief Program Officer)
  • Compensation: $114,423
  • Related: $0
  • Other: $17,907

    • Keith Slater (Vp Of Technology)
  • Compensation: $110,195
  • Related: $0
  • Other: $18,080

    • Jeff Mazur (Executive Director (Res. 11/22))
  • Compensation: $108,803
  • Related: $0
  • Other: $17,042

    • Ethan Leigh (Cfo)
  • Compensation: $106,959
  • Related: $0
  • Other: $14,135

    • Claire Anderson (Senior Director Company Relations)
  • Compensation: $109,707
  • Related: $0
  • Other: $4,003

    • Sarah Mayer (Int. Ed (Beg. 9/22)/Dir. (End 9/22)) [Trustee/Director]
  • Compensation: $29,214
  • Related: $0
  • Other: $0

    • James Mckelvey (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Mcfadden (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cyeria Jackson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Ferring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Gillian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Everett Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Nicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Smiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Williams (Director (End 12/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.launchcode.org

    Where can I find the form 990 for The Launchcode Foundation?

    The The Launchcode Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.launchcode.org

    Learn more at the official website: www.launchcode.org

    Mission Statement of The Launchcode Foundation

    The Launchcode Foundation, a nonprofit organization, is dedicated to building a skilled workforce and creating economic opportunities for aspiring developers through job placements and technology training. By focusing on aptitude, professionalism, and skills rather than formal degrees or extensive job experience, Launchcode helps driven individuals overcome traditional barriers to employment and succeed in the technology industry.

    In 2022, The Launchcode Foundation worked with numerous companies and education partners to place 330 candidates into technology apprenticeships or permanent jobs. To achieve this goal, they provided valuable in-kind support worth $2,407,402, which included rent, consulting, accounting and legal services, mentoring, digital marketing, and software licenses for apprenticeship candidates. Moreover, Launchcode welcomed 1,268 new individuals into their tech education programs in 2022.

    The Launchcode Foundation's mission is to bridge the gap between aspiring developers and the technology industry by providing a supportive and effective training ground. Their unique approach enables individuals with the passion and determination to learn and thrive in tech careers, regardless of their backgrounds. With a commitment to economic opportunity and upward mobility, The Launchcode Foundation is transforming lives and making a significant impact on the technology workforce.

    Impact

    This information is meant to be a general summary of The Launchcode Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Launchcode Foundation is dedicated to creating economic opportunity for aspiring developers through job placement and training in technology. In 2022, they placed 330 individuals into apprenticeships or permanent jobs in technology, providing tech education services to 1,268 new individuals. By working with hundreds of companies and education partners, Launchcode helps candidates overcome traditional barriers to employment, such as formal degrees or years of job experience. Through their efforts, Launchcode increases economic opportunity and upward mobility for driven individuals seeking careers in technology.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $94,567
  • Program Service Revenue: $15,125,219
  • Gross Receipts: $18,977,358

    • Assets and Liabilities:
  • Total Assets: $21,183,312
  • Total Liabilities: $4,268,644
  • Net Assets: $16,914,668
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRAINING & PLACEMENT F

    Revenue

    $15,125,219

    Organization Details

    Founding Year

    2014

    Principal Officer

    James Mckelvey

    Main Address

    4811 DELMAR BLVD, SAINT LOUIS, MO, 63108

    NTEE Category

    Code: B30 - Education

    If you are a representative of The Launchcode Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.