Overview
What is Houston Launch Pad?
Houston Launch Pad is a nonprofit organization situated in Houston, Texas, specifically at 4541 EDFIELD ST. The organization's mission is to provide assistance and resources for individuals facing challenges such as homelessness, addiction, unemployment, and lacking basic skills. By offering a bridge from these circumstances, they aim to empower individuals to gain self-sufficiency. With a dedicated team of 3 employees, the Houston Launch Pad strives to help those in need navigate through these difficulties and move towards a more stable and independent life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Houston Launch Pad has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement, with an overall score of 67%. The organization demonstrates strong accountability in certain areas, such as having an entirely independent board and maintaining a favorable liabilities to assets ratio of 0.00%. Additionally, it allocates a significant majority of its expenses towards programs, with a program expense ratio of 95.06%, reflecting a strong commitment to its mission.
However, there are notable weaknesses that impact its overall rating. The organization has received zero points in critical areas such as financial statements, website presence on the tax form, and governance policies including conflict of interest and whistleblower policies. These missing elements suggest a lack of transparency and could raise concerns regarding organizational practices and accountability.
Overall, while Houston Launch Pad shows promise through its independent governance and strong program spending, its deficiencies in transparency and policy documentation highlight areas in need of urgent attention to improve its standing and trustworthiness with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Launch Pad legitimate?
Houston Launch Pad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston 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: $58,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Houston Launch Pad?
The Houston Launch Pad aims to assist individuals in overcoming challenges such as homelessness, addiction, unemployment, and lack of basic skills, by providing a pathway towards self-empowerment. The organization's mission is centered around bridging these gaps and enabling individuals to take control of their lives. By offering resources and support, Houston Launch Pad aims to help those in need transition from a state of vulnerability to a state of self-reliance. The organization's activities are focused on providing the necessary tools and guidance to help individuals achieve their goals and live with dignity.
Who is the CEO of Houston Launch Pad?
Prentice Goods is the Exec Director of Houston Launch Pad.
What is the revenue of Houston Launch Pad?
Houston Launch Pad's revenue in 2022 was $541,514.
Who are the executives of Houston Launch Pad and what are their salaries?
The average compensation at Houston Launch Pad during 2022 was $19,407. There are 3 employees and 11 volunteers at Houston Launch Pad.
Here are 7 key members and their salaries:
- Compensation: $58,222
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Houston Launch Pad?
Houston Launch Pad's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston Launch Pad
The Houston Launch Pad, a nonprofit organization, is dedicated to bridging the gaps that often hinder individuals from overcoming homelessness, addiction, unemployment, and basic skill deficiencies, ultimately leading them towards self-empowerment. This mission is aimed at transforming lives by providing a pathway to break free from the shackles of their current circumstances and embark on a journey towards independence and self-sufficiency. By offering a comprehensive approach, the Houston Launch Pad aims to help individuals overcome the challenges they face, thereby fostering a sense of self-empowerment and a renewed sense of purpose.
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Impact
July, 2024
Houston Launch Pad's impact is transformative, as it helps individuals move from homelessness, addiction, unemployment, and lack of basic skills to a state of self-empowerment. Through its efforts, the organization is making a significant difference in the lives of those facing these challenges in Houston, Texas. By addressing mental health issues and providing support in various areas, Houston Launch Pad is positively impacting the community and helping individuals build a better future for themselves.
This information is meant to be a general summary of Houston 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.
- Program Service Revenue: $86,661
- Gross Receipts: $541,514
Assets and Liabilities:
- Total Assets: $236,055
- Total Liabilities: $0
- Net Assets: $236,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$86,661
Organization Details
Founding Year
2000
Phone
(713) 738-8565Principal Officer
Prentice Goods
Main Address
4541 EDFIELD ST, HOUSTON, TX, 77051
NTEE Category
Code: F22 - Mental health
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