Overview
What is The Launch Pad?
The Launch Pad is a non-profit organization based in East Ridge, Tennessee, specifically located at 617 Marlboro Ave. Its primary mission is to provide temporary housing for women recovering from substance abuse. The goal is to assist these women in reintegrating into society as happy, healthy, and productive individuals. The Launch Pad offers a supportive environment during recovery, aiming to facilitate a smooth transition back to society. With a team of just two dedicated employees, they strive to make a significant impact in the lives of the women they serve.
Official website here: www.lpchatt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Launch Pad has achieved a Three-Star rating from Charity Navigator, with a solid score of 84% primarily based on its Accountability & Finance. This high rating reflects the organization’s commitment to financial transparency and responsible governance, as evidenced by its 100% independent board members and strong performance in areas such as financial oversight and program expenses.
Strengths noted include a favorable program expense ratio of 87.03%, indicating that a significant portion of its funds is allocated directly to programs. Additionally, the organization has no reported material diversion of assets and maintains a strong ratio of liabilities to assets, which suggests financial stability. These factors contribute positively to the overall effectiveness of the nonprofit's operations.
However, there are some limitations, particularly regarding the absence of certain policies such as a conflict of interest policy and a whistleblower policy. These missing elements may raise concerns about governance practices. Despite this, The Launch Pad’s financial health and strong oversight measures help mitigate these risks, affirming its role as a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Launch Pad legitimate?
The Launch Pad is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Launch Pad 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: $0
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Other Salaries and Wages: $47,275
For more financial information, click here
Official website here: www.lpchatt.org
What is the mission statement of The Launch Pad?
The Launch Pad is an organization devoted to offering a temporary residence for women in recovery from substance abuse. The mission of The Launch Pad is to facilitate a woman's transition back into society, enabling her to lead a happy, healthy, and productive life. The organization's focus is on providing a supportive environment that fosters healing and growth, ultimately empowering women to reintegrate into society and rebuild their lives. Through its services, The Launch Pad aims to equip women with the resources and skills necessary to thrive and contribute positively to their communities.
Official website here: www.lpchatt.org
Who is the CEO of The Launch Pad?
Scarlett Bowman is the President of The Launch Pad.
Official website here: www.lpchatt.org
What is the revenue of The Launch Pad?
The Launch Pad's revenue in 2022 was $893,659.
Official website here: www.lpchatt.org
Who are the executives of The Launch Pad and what are their salaries?
The average compensation at The Launch Pad during 2022 was $23,638. There are 2 employees and 11 volunteers at The Launch Pad.
Here are 11 key members and their salaries:
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Official website here: www.lpchatt.org
Where can I find the form 990 for The Launch Pad?
The Launch Pad's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpchatt.org
Learn more at the official website: www.lpchatt.org
Mission Statement of The Launch Pad
The Launch Pad, a non-profit organization, is dedicated to providing a temporary home for women recovering from substance abuse. This sanctuary is designed to enable these women to rejoin society, leading fulfilled, healthy, and productive lives. By offering a supportive environment, The Launch Pad aims to foster the recovery and reintegration of women who have struggled with substance abuse, ultimately empowering them to return to society as contributing members.
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Impact
June, 2024
The Launch Pad serves as a vital sanctuary for women recovering from substance abuse, with a focus on enabling them to reintegrate into society as fulfilled and functioning individuals. By offering a temporary home and tailored support, The Launch Pad plays a crucial role in empowering these women to rebuild their lives and strive towards long-term recovery. Moreover, with its emphasis on mental health, The Launch Pad addresses a critical aspect of rehabilitation that is often overlooked, thereby significantly enhancing the overall impact of its program. This organization's dedication to fostering the well-being and productivity of its residents is commendable and undoubtedly contributes to positive transformations in the lives of those it serves.
This information is meant to be a general summary of The Launch Pad. 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.
- Investment Income: -$95,396
- Gross Receipts: $996,289
Assets and Liabilities:
- Total Assets: $1,145,782
- Total Liabilities: $11,372
- Net Assets: $1,134,410
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Organization Details
Founding Year
2019
Phone
(423) 902-4822Principal Officer
Scarlett Bowman
Main Address
617 MARLBORO AVE, EAST RIDGE, TN, 37412
Website
www.lpchatt.orgNTEE Category
Code: F20 - Mental health
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