Overview
What is Launch?
Launch is a nonprofit organization situated in Denham Springs, Louisiana. With a team of 35 dedicated individuals, Launch offers vital therapeutic services to children with disabilities, including speech, occupational, and physical therapy. Beyond medical assistance, Launch extends support to families by providing parental guidance, organizing social groups, and advocating for community awareness and involvement. Their mission is to foster an inclusive environment for children with disabilities and their families, ensuring they receive the necessary resources and care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
Launch has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization has a score of 50% for Accountability & Finance, with critical elements such as independent board member representation and essential financial documents absent. The lack of independent board members raises questions about governance and oversight.
Despite these issues, Launch demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 91.66%, suggesting that the majority of its funds are directed towards program activities rather than administrative costs. However, the absence of financial statements and vital policies, including conflict of interest and whistleblower protections, detracts from its credibility and may hinder trust among potential donors.
Furthermore, the organization has recorded a material diversion of assets but maintains a relatively healthy liabilities-to-assets ratio of 53.15%. Nevertheless, the missing policies and documentation on their website emphasize a need for improvement in transparency and governance practices to build stakeholder confidence and enhance operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Launch legitimate?
Launch is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch 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: $77,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,357
For more financial information, click here
What is the mission statement of Launch?
Launch is dedicated to providing therapeutic services and support to children with disabilities. Their mission encompasses offering speech, occupational, and physical therapy sessions. Beyond therapeutic care, Launch also extends parental support, organizes social groups, promotes community awareness, and offers community support to include children with disabilities and their families. In essence, Launch aims to create an inclusive environment and provide necessary resources for these children and their families.
Who is the CEO of Launch?
Chantelle Varnado is the Principal Officer of Launch.
What is the revenue of Launch?
Launch's revenue in 2022 was $1,395,992.
Who are the executives of Launch and what are their salaries?
The average compensation at Launch during 2022 was $20,992. There are 35 employees and 120 volunteers at Launch.
Here are 5 key members and their salaries:
- Compensation: $77,354
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Launch?
Launch's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Launch
Launch, as an organization, is dedicated to supporting children with disabilities and their families. Their mission encompasses providing essential therapeutic services, including speech, occupational, and physical therapy. Beyond these therapeutic interventions, Launch also extends its support to parents through various resources. They offer parental guidance and social groups, aiming to foster a sense of community and inclusion for children with disabilities and their families. Furthermore, Launch is committed to raising awareness about disabilities within the community, fostering a more inclusive environment for all. Through these initiatives, Launch strives to empower children with disabilities and their families, enabling them to navigate their challenges with confidence and support.
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Impact
July, 2024
Launch's impact is profound and far-reaching, as it provides essential speech, occupational, and physical therapy services to children with disabilities. Additionally, Launch offers crucial parental support, social groups, community awareness, and support for both children with disabilities and their families. By addressing the unique needs of children with disabilities, Launch empowers them to reach their full potential and actively participate in their communities. This holistic approach not only benefits the individual children but also contributes to creating a more inclusive and supportive society for everyone.
This information is meant to be a general summary of Launch. 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: $1,056,015
- Gross Receipts: $1,410,994
Assets and Liabilities:
- Total Assets: $1,361,173
- Total Liabilities: $723,514
- Net Assets: $637,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$1,056,015
Organization Details
Founding Year
2015
Phone
(225) 380-1894Principal Officer
Chantelle Varnado
Main Address
1310 South Range Ave, Denham Springs, LA, 70726
NTEE Category
Code: E50 - Health
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