Civic Intelligence

The Launch Pad Foundation Inc.

990EZ • Fiscal year 2020 • EIN 46-5308624

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

3229 Benjamin E Mays Dr SWAtlanta, GA 30311

(404) 580-9081

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$117,198

Flat from 2020

Net Assets

Down

$40,260

Down $76,047 (-65%) from 2020

Liabilities

Flat

$891

Flat from 2020

Revenue And Expenses

Revenue

Flat

$154,854

Flat from 2020

Expenses

Up

$162,771

Up $8,328 (+5.4%) from 2020

Net Income

Down

-$7,917

Down $8,328 (-2026%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2015: $37,222Liabilities 2015: $0Net Assets 2015: $37,2222015Assets 2016: $89,989Liabilities 2016: $0Net Assets 2016: $89,9892016Assets 2017: $85,259Liabilities 2017: $0Net Assets 2017: $85,2592017Assets 2018: $82,567Liabilities 2018: $0Net Assets 2018: $82,5672018Assets 2019: $118,187Liabilities 2019: $0Net Assets 2019: $118,1872019Assets 2020: $117,198Liabilities 2020: $891Net Assets 2020: $40,2602020Assets 2020: $117,198Liabilities 2020: $891Net Assets 2020: $116,3072020Assets 2021: $104,636Liabilities 2021: $765Net Assets 2021: $103,8712021Assets 2022: $93,976Liabilities 2022: $1,282Net Assets 2022: $92,6942022Assets 2023: $73,403Liabilities 2023: $787Net Assets 2023: $72,6162023Assets 2024: $77,798Net Assets 2024: $77,7982024

Highlighted filing

2020

Assets$117,198
Liabilities$891
Net Assets$40,260

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2015: $47,914Expenses 2015: $10,692Net Income 2015: $37,2222015Revenue 2016: $58,050Expenses 2016: $5,283Net Income 2016: $52,7672016Revenue 2017: $24,725Expenses 2017: $29,455Net Income 2017: -$4,7302017Revenue 2018: $96,643Expenses 2018: $99,335Net Income 2018: -$2,6922018Revenue 2019: $166,966Expenses 2019: $131,346Net Income 2019: $35,6202019Revenue 2020: $154,854Expenses 2020: $162,771Net Income 2020: -$7,9172020Revenue 2020: $154,854Expenses 2020: $154,443Net Income 2020: $4112020Revenue 2021: $111,988Expenses 2021: $124,424Net Income 2021: -$12,4362021Revenue 2022: $132,369Expenses 2022: $143,548Net Income 2022: -$11,1792022Revenue 2023: $94,854Expenses 2023: $114,932Net Income 2023: -$20,0782023Revenue 2024: $124,264Expenses 2024: $119,082Net Income 2024: $5,1822024

Highlighted filing

2020

Revenue$154,854
Expenses$162,771
Net Income-$7,917
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.0
Gross Receipts
$154,854
Mission and Program Overview

Mission

Serving families and individuals in the community through meeting essential daily needs as well as coaching, mentoring and providing temporary housing.

Program Services

DescriptionGrantsExpenses
ALONG WITH THE FLAGSHIP PROGRAM WHICH INCLUDES COACHING, MENTORING, TRANSPORTATION AND HOUSING FOR PROGRAM PARTICIPANTS, THE LAUNCH PAD FOUNDATION ALSO SPONSORED OTHER PROGRAMS. WE READ TOGETHER PROGRAM PROVIDED INCENTIVES TO ENGAGE PARENTS TO READ WITH THEIR CHILDREN AT HOME. MONTHLY COMMUNITY CLEANUPS WERE SPONSORED DURING 2019 FOCUSING ON NEIGHBORHOODS SURROUNDING MLK JR DRIVE. A LUNCHEON WAS HOSTED FOR FIRST RESPONDERS IN THE COMMUNITY TO SHOW APPRECIATION. THE LAUNCH PAD FOUNDATION ALSO SPONSORED THE RACE FOR THE DREAM MARATHON.-$159,953
OTHER-$2,818
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH D HILLCEO/PresidenPT$0--
ROGER TAYLORCPAPT$0--
STEPHEN WRIGHTCEOPT$0--
KATHY HOODTrusteePT$0--
AL HENRYPastorPT$0--
CLARISSA G HAUGABROOK-HILLSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
The Launch Pad Foundation Inc
EIN
46-5308624
Phone
4045809081
Address
3229 BENJAMIN E MAYS DR SW, ATLANTA, GA 30311

Signing Officer

Name
Kenneth D Hill
Title
CEO/president
Phone
4045809081
Signed
2021-10-15

Preparer

Firm
Credo Cfos & Cpas
Address
3800 MANSELL RD STE 150, ALPHARETTA, GA 30022-8207
Preparer
Doncarlos Bain
Phone
6788028800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Vendor services 9,166 other income 1,858 reconciled income 495 total 11,519

Form 990-ez, Part I, Line 16

Expenses 1,970 5,143 45 non-investment depreciation 2,818 total 9,976

Form 990-ez, Part II, Line 24

Harwell unit 8 0 35,500 less accumulated depreciation 0 6,436 harvell unit 14 0 42,000 less accumulated depreciation 0 6,172 total 0 64,892

Form 990-ez, Part II, Line 26

Fed taxes 0 204 ga income tax 0 430 ga unemployment tax 0 257

Form 990-ez, Part III

Serving families and individuals in the community through meeting essential daily needs as well as coaching, mentoring and providing temporary housing.

Form 990-ez, Part III, Line 28

Along with the flagship program which includes coaching, mentoring, transportation and housing for program participants, the launch pad foundation also sponsored other programs. We read together program provided incentives to engage parents to read with their children at home. Monthly community cleanups were sponsored during 2019 focusing on neighborhoods surrounding mlk jr drive. A luncheon was hosted for first responders in the community to show appreciation. The launch pad foundation also sponsored the race for the dream marathon.

Form 990-ez, Part III, Line 31

OTHER

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0KENNETH D HILL
CompensationExplanation/CompensationExplanationGrp/PersonNm1ROGER TAYLOR
CompensationExplanation/CompensationExplanationGrp/PersonNm2STEPHEN WRIGHT
CompensationExplanation/CompensationExplanationGrp/PersonNm3KATHY HOOD
CompensationExplanation/CompensationExplanationGrp/PersonNm4AL HENRY
CompensationExplanation/CompensationExplanationGrp/PersonNm5CLARISSA G HAUGABROOKHILL
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KENNETH D HILL
IRS990EZ/BooksInCareOfDetail/PhoneNum04045809081
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt087 HARWELL RD NW UNIT 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030311
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt048177
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052306
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0136135
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7917
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0134952
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt048177
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0117198
IRS990EZ/GrossReceiptsAmt0154854
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt048177
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040260
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt048177
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116307
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH D HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROGER TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEPHEN WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHY HOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4AL HENRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CLARISSA G HAUGABROOK-HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO/PRESIDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CPA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PASTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt064892
IRS990EZ/OtherExpensesTotalAmt09976
IRS990EZ/OtherRevenueTotalAmt011519
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SERVING FAMILIES AND INDIVIDUALS IN THE COMMUNITY THROUGH MEETING ESSENTIAL DAILY NEEDS AS WELL AS COACHING, MENTORING AND PROVIDING TEMPORARY HOUSING.
IRS990EZ/PrintingPublicationsPostageAmt022
IRS990EZ/ProgramServiceRevenueAmt07200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ALONG WITH THE FLAGSHIP PROGRAM WHICH INCLUDES COACHING, MENTORING, TRANSPORTATION AND HOUSING FOR PROGRAM PARTICIPANTS, THE LAUNCH PAD FOUNDATION ALSO SPONSORED OTHER PROGRAMS. WE READ TOGETHER PROGRAM PROVIDED INCENTIVES TO ENGAGE PARENTS TO READ WITH THEIR CHILDREN AT HOME. MONTHLY COMMUNITY CLEANUPS WERE SPONSORED DURING 2019 FOCUSING ON NEIGHBORHOODS SURROUNDING MLK JR DRIVE. A LUNCHEON WAS HOSTED FOR FIRST RESPONDERS IN THE COMMUNITY TO SHOW APPRECIATION. THE LAUNCH PAD FOUNDATION ALSO SPONSORED THE RACE FOR THE DREAM MARATHON.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1OTHER
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0159953
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12818
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017821
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0891
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0162771
IRS990EZ/TotalProgramServiceExpensesAmt0162771
IRS990EZ/TotalRevenueAmt0154854
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0136135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0134170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt082609
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024725
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0387639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt018719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt018719
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0406358
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0154854
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0134170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt082609
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt024725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/Total509Grp/TotalAmt0406358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0154854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0134170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt082609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt024725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0406358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VENDOR SERVICES 9,166 OTHER INCOME 1,858 RECONCILED INCOME 495 TOTAL 11,519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES 1,970 5,143 45 NON-INVESTMENT DEPRECIATION 2,818 TOTAL 9,976
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HARWELL UNIT 8 0 35,500 LESS ACCUMULATED DEPRECIATION 0 6,436 HARVELL UNIT 14 0 42,000 LESS ACCUMULATED DEPRECIATION 0 6,172 TOTAL 0 64,892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FED TAXES 0 204 GA INCOME TAX 0 430 GA UNEMPLOYMENT TAX 0 257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SERVING FAMILIES AND INDIVIDUALS IN THE COMMUNITY THROUGH MEETING ESSENTIAL DAILY NEEDS AS WELL AS COACHING, MENTORING AND PROVIDING TEMPORARY HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALONG WITH THE FLAGSHIP PROGRAM WHICH INCLUDES COACHING, MENTORING, TRANSPORTATION AND HOUSING FOR PROGRAM PARTICIPANTS, THE LAUNCH PAD FOUNDATION ALSO SPONSORED OTHER PROGRAMS. WE READ TOGETHER PROGRAM PROVIDED INCENTIVES TO ENGAGE PARENTS TO READ WITH THEIR CHILDREN AT HOME. MONTHLY COMMUNITY CLEANUPS WERE SPONSORED DURING 2019 FOCUSING ON NEIGHBORHOODS SURROUNDING MLK JR DRIVE. A LUNCHEON WAS HOSTED FOR FIRST RESPONDERS IN THE COMMUNITY TO SHOW APPRECIATION. THE LAUNCH PAD FOUNDATION ALSO SPONSORED THE RACE FOR THE DREAM MARATHON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH D HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04045809081
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LAUNCH PAD FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HILL
ReturnHeader/Filer/BusinessNameControlTxt0LAUN
ReturnHeader/Filer/EIN0465308624
ReturnHeader/Filer/PhoneNum04045809081
ReturnHeader/Filer/USAddress/AddressLine1Txt03229 BENJAMIN E MAYS DR SW
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030311
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262140265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CREDO CFOS & CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03800 MANSELL RD STE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALPHARETTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300228207
ReturnHeader/PreparerPersonGrp/PhoneNum06788028800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONCARLOS BAIN
ReturnHeader/ReturnTs02021-11-04T16:24:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KENNETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HILL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings