Overview
What is Launch Learning Inc?
Launch Learning Inc, situated in Cocoa, Florida, is a dedicated nonprofit organization. Their primary focus lies in providing early childhood education services and developmental training. This mission is carried out with the aim of fostering growth and learning in young children. The organization's activities are centered around this mission, working tirelessly to make a positive impact in the lives of its community's youth.
Official website here: www.321launch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating). This score reflects Launch Learning Inc's performance in Accountability and Finance, indicating a solid level of financial health and operational transparency.
The organization has demonstrated strong governance practices, with an entirely independent board of directors and no reported material diversion of assets. In terms of financial management, their liabilities to assets ratio stands at an impressive 0.00%, showcasing their ability to maintain a stable financial position. Additionally, they excelled in areas such as website transparency and maintaining board meeting minutes.
However, there are some areas for improvement. The charity has not implemented a whistleblower policy or a document retention and destruction policy, which are critical for promoting accountability and transparency. While they maintain a good program expense ratio of 66.20%, there remains room to enhance their overall operational practices to achieve a higher rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Launch Learning Inc legitimate?
Launch Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Launch Learning Inc 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
Professional Fundraising Fees: $24,725
Other Salaries and Wages: $3,187
For more financial information, click here
Official website here: www.321launch.org
What is the mission statement of Launch Learning Inc?
Launch Learning Inc is committed to delivering early childhood education services and providing developmental training. Their mission is centered around educating young children and enhancing their developmental skills. The organization focuses on offering a comprehensive educational experience, aiming to foster growth and learning in its students from an early age. The services provided by Launch Learning Inc aim to equip children with essential skills, setting them up for a successful educational journey. Additionally, the company offers developmental training to help children reach their full potential, ensuring they are well-prepared for their future academic and personal endeavors.
Official website here: www.321launch.org
Who is the CEO of Launch Learning Inc?
James Buchanan is the President of Launch Learning Inc.
Official website here: www.321launch.org
What is the revenue of Launch Learning Inc?
Launch Learning Inc's revenue in 2022 was $981,579.
Official website here: www.321launch.org
Who are the executives of Launch Learning Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.321launch.org
Where can I find the form 990 for Launch Learning Inc?
Launch Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.321launch.org
Learn more at the official website: www.321launch.org
Mission Statement of Launch Learning Inc
Launch Learning Inc, as a nonprofit organization, is committed to providing early childhood education services and developmental training. Their mission is centered around equipping young children with essential knowledge and skills, while simultaneously offering developmental training to those involved in their care. By offering these services, Launch Learning Inc aims to contribute positively to the growth and development of the children they serve, ultimately setting them up for success in their future endeavors.
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Impact
July, 2024
Launch Learning Inc's impact lies in providing critical early childhood education services and developmental training to children in Cocoa, Florida. Through their focused mission of offering education services and training, they play a pivotal role in shaping the foundation for children's future success. By investing in the early education and development of these young individuals, Launch Learning Inc contributes to building a stronger and more prepared generation for the future.
This information is meant to be a general summary of Launch Learning Inc. 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: $3,529
- Gross Receipts: $981,579
Assets and Liabilities:
- Total Assets: $1,345,666
- Total Liabilities: $0
- Net Assets: $1,345,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$3,529
Organization Details
Founding Year
2020
Principal Officer
James Buchanan
Main Address
2821 N INDIAN RIVER DRIVE, COCOA, FL, 32922
Website
www.321launch.orgNTEE Category
Code: B21 - Education
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