Overview
What is Launch Ministry?
Launch Ministry, based in Chaska, Minnesota, is a nonprofit organization dedicated to assisting homeless youth and young adults. Their primary mission is to offer a safe, welcoming environment where these individuals can access immediate necessities such as food, clothing, and personal care supplies. Beyond short-term aid, Launch Ministry provides long-term support, including housing assistance, life skills education, employment guidance, and mentoring programs. This holistic approach aims to empower young adults in crisis, helping them navigate complex systems and build a pathway towards a stable adulthood. The organization served 174 participants in 2022, demonstrating its commitment to making a positive impact in the community.
Official website here: www.launchministry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Launch Ministry has received an overall rating of 88%, reflecting a strong performance particularly in terms of accountability and finance. The organization boasts a fully independent board, which contributes positively to its governance structure. Financial oversight is robust, with a high program expense ratio indicating that the majority of funds are directed towards its programs.
However, there are notable limitations that could affect its rating. The organization currently lacks a whistleblower policy and does not have a documented retention and destruction policy, which are essential for transparency and accountability. Additionally, the tax form is not posted on the nonprofit's website, which may limit public accessibility to financial information.
Despite these gaps, Launch Ministry maintains a solid financial foundation, with a low liabilities-to-assets ratio and a commitment to its mission as demonstrated by the high percentage of expenses allocated to programs. Addressing the identified weaknesses could further enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Launch Ministry legitimate?
Launch Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Ministry 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $139,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,398
For more financial information, click here
Official website here: www.launchministry.org
What is the mission statement of Launch Ministry?
Launch Ministry's mission is to establish a secure environment for young adults who are unstably housed or in crisis. Their primary objective is to equip these individuals with necessary tools, resources, and support to navigate their journey towards adulthood, ultimately leading to successful transitions. This is achieved through fostering relationships, instilling trust, and advocating for these young adults as they navigate the intricate systems and agencies they need to engage with to achieve their goals.
Official website here: www.launchministry.org
Who is the CEO of Launch Ministry?
Sara Ross is the Treasurer of Launch Ministry.
Official website here: www.launchministry.org
What is the revenue of Launch Ministry?
Launch Ministry's revenue in 2022 was $761,080.
Official website here: www.launchministry.org
Who are the executives of Launch Ministry and what are their salaries?
The average compensation at Launch Ministry during 2022 was $17,508. There are 18 employees and 50 volunteers at Launch Ministry.
Here are 9 key members and their salaries:
- Compensation: $76,455
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- Other: $0
- Compensation: $63,289
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- Other: $0
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- Other: $0
Official website here: www.launchministry.org
Where can I find the form 990 for Launch Ministry?
Launch Ministry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.launchministry.org
Learn more at the official website: www.launchministry.org
Mission Statement of Launch Ministry
Launch Ministry, a nonprofit organization, is dedicated to providing a safe sanctuary for unstably housed and crisis-stricken young adults. Their mission is to equip these individuals with the necessary tools, resources, and support needed for a successful transition into adulthood, thereby fostering life-saving outcomes. The organization accomplishes this by fostering relationships and trust, as well as advocating for and guiding young adults in navigating the intricate web of agencies and systems they must interact with to achieve their goals. By focusing on these aspects, Launch Ministry aims to empower these young adults, helping them overcome their current challenges and build a secure future.
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Impact
October, 2024
Launch Ministry significantly impacts the lives of unstably housed and in-crisis young adults in Chaska, MN, by providing a safe and supportive environment to facilitate their transition into adulthood. Through its drop-in center, young people access essential resources such as personal care items, food, clothing, and hot meals, addressing their immediate needs.
Beyond just survival, Launch Ministry offers long-term support, including housing assistance, life skills education, and employment resources. This holistic approach empowers participants to navigate complex systems and agencies, fostering relationships built on trust and advocacy. In 2022, the program served 174 participants, demonstrating its crucial role in enabling life-saving outcomes for youth facing homelessness. Additionally, Launch's mentoring program provides participants with gift cards for food and transportation, helping to alleviate some of their immediate barriers.
Through its comprehensive support services, Launch Ministry not only addresses the urgent needs of at-risk youth but also equips them with the skills and resources to achieve stability and independence, ultimately fostering their personal growth and development.
This information is meant to be a general summary of Launch Ministry. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $468,516
- Gross Receipts: $761,080
Assets and Liabilities:
- Total Assets: $302,475
- Total Liabilities: $125,287
- Net Assets: $177,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Emergency Shelter
Revenue
$196,447
Housing Stabilization
Revenue
$7,139
Housing Support
Revenue
$263,155
Participant payments
Revenue
$1,775
Organization Details
Founding Year
2009
Phone
(952) 261-4606Principal Officer
Sara Ross
Main Address
110 W 2nd St, Chaska, MN, 55318
Website
www.launchministry.orgNTEE Category
Code: O50 - Youth development
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