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Launch Network

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

EIN: 823598469 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Launch Network?

Launch Network is a nonprofit organization situated in Denver, Colorado. With a focus on empowering economically disadvantaged children and their families, they offer academic instruction and resources to foster emotional and social development. Directly serving around 50 students, 25 siblings, and 30 parents from a local elementary school, Launch Network aims to create a supportive environment by coordinating resources for families in need. The organization employs a small team of four individuals, dedicated to making a positive impact in their community.


Is Launch Network legitimate?

Launch Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Network 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,493

For more financial information, click here


What is the mission statement of Launch Network?
Who is the CEO of Launch Network?
What is the revenue of Launch Network?
Who are the executives of Launch Network and what are their salaries?
Where can I find the form 990 for Launch Network?

Mission Statement of Launch Network

Launch Network, a nonprofit organization, is dedicated to empowering children and their families in economically disadvantaged schools and neighborhoods. Their mission is twofold: firstly, they offer academic instruction to children to foster their intellectual growth. Secondly, they aim to promote emotional and social development among children and their families by coordinating resources and providing a supportive system. This holistic approach ensures that the children's educational journey is not only academically enriching but also nurturing for their emotional well-being. Through their programs, Launch Network directly served around 50 students, 25 of their siblings, and 30 parents at one elementary school.

Impact

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




Wednesday, July 24, 2024

Launch Network's impact lies in its dedication to providing academic instruction and support to children and families in economically challenged schools and neighborhoods. By offering programs that focus on emotional and social development, coordinating resources, and creating a strong support system, Launch Network directly impacts the lives of approximately 50 students, 25 siblings, and 30 parents in one elementary school in Denver, CO. Through their mission to encourage growth and empowerment, Launch Network plays a crucial role in enhancing the educational opportunities and well-being of those they serve.





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: $0
  • Program Service Revenue: $177,660
  • Gross Receipts: $632,146

    • Assets and Liabilities:
  • Total Assets: $277,905
  • Total Liabilities: $18,352
  • Net Assets: $259,553
  • Programs

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

    Service fee revenue

    Revenue

    $177,660

    Organization Details

    Founding Year

    2017

    Principal Officer

    Justin Darnell

    Main Address

    8421 EAST 21ST AVE, DENVER, CO, 80238

    NTEE Category

    Code: B90 - Education

    If you are a representative of Launch Network 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.