Civic Intelligence

Nashville Launch Pad Inc.

EIN 81-3538014 • 501(c)3 • Nashville, TN

Pub. 78 Eligible990-N Coverage

Profile

The purpose of the Corporation is to create a network of temporary safer sleeping shelters for homeless youth 18-24 years of age, which are open and affirming to LGBTQ youth. The goal being to meet the immediate needs of the homeless youth community while working towards a broader comprehensive system of care, in partnership with local, state, and federal agencies, designed for preventing and addressing homelessness in Davidson County, TN.

PO Box 330695Nashville, TN 37203-7540

www.nashvillelaunchpad.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

48th percentile

0.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

57th percentile

1.7%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$357,263

Up $130,196 (+57%) from 2023

Liabilities

Down

$3,371

Down $2,800 (-45%) from 2023

Net Assets

Up

$353,892

Up $132,996 (+60%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin48th percentile

Revenue

Up

$749,333

Up $303,688 (+68%) from 2023

Expenses

Up

$616,551

Up $267,735 (+77%) from 2023

Net Income

Up

$132,782

Up $35,953 (+37%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2016: $13,235Liabilities 2016: $02016Assets 2018: $42,474Liabilities 2018: $0Net Assets 2018: $42,4742018Assets 2019: $77,208Liabilities 2019: $3,534Net Assets 2019: $73,6742019Assets 2020: $100,087Liabilities 2020: $2,390Net Assets 2020: $97,6972020Assets 2021: $127,642Liabilities 2021: $6,499Net Assets 2021: $121,1432021Assets 2022: $129,830Liabilities 2022: $5,763Net Assets 2022: $124,0672022Assets 2023: $227,067Liabilities 2023: $6,171Net Assets 2023: $220,8962023Assets 2024: $357,263Liabilities 2024: $3,371Net Assets 2024: $353,8922024

Highlighted filing

2024

Assets$357,263
Liabilities$3,371
Net Assets$353,892
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2016: $18,828Expenses 2016: $5,592Net Income 2016: $13,2362016Revenue 2018: $64,234Expenses 2018: $48,819Net Income 2018: $15,4152018Revenue 2019: $176,225Expenses 2019: $145,025Net Income 2019: $31,2002019Revenue 2020: $332,292Expenses 2020: $308,269Net Income 2020: $24,0232020Revenue 2021: $349,037Expenses 2021: $325,591Net Income 2021: $23,4462021Revenue 2022: $401,739Expenses 2022: $398,815Net Income 2022: $2,9242022Revenue 2023: $445,645Expenses 2023: $348,816Net Income 2023: $96,8292023Revenue 2024: $749,333Expenses 2024: $616,551Net Income 2024: $132,7822024

Highlighted filing

2024

Revenue$749,333
Expenses$616,551
Net Income$132,782
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$357,263
Liabilities
$3,371
Net assets
$353,892
Revenue
$749,333
Expenses
$616,551
Net income
$132,782
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.57$0.03$3.54$7.49$6.17$1.33
2023Detailed filing. Detailed filing data is available for this year.$2.27$0.06$2.21$4.46$3.49$0.97
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.06$1.24$4.02$3.99$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.21$3.49$3.26$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.02$0.98$3.32$3.08$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.04$0.74$1.76$1.45$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.64$0.49$0.15
2016Summary only. Only limited summary data is available for this year.$0.13$0.00$0.19$0.06$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 31, 2026
Return Version
2024v5.2
Gross Receipts
$749,333
Mission and Program Overview

Mission

The purpose of the Corporation is to create a network of temporary safer sleeping shelters for homeless youth 18-24 years of age, which are open and affirming to LGBTQ youth. The goal being to meet the immediate needs of the homeless youth community while working towards a broader comprehensive system of care, in partnership with local, state, and federal agencies, designed for preventing and addressing homelessness in Davidson County, TN.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$227,067$350,100▲ $123,033
Land, Buildings, and Equipment, Net-$4,541-
Accounts Receivable-$2,622-
Total Assets$227,067$357,263▲ $130,196
Liabilities
Accounts Payable and Accrued Expenses$6,171$3,371▼ $2,800
Total Liabilities$6,171$3,371▼ $2,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$220,896$353,892▲ $132,996
Total Net Assets Fund Balance$220,896$353,892▲ $132,996
Total Liabilities and Net Assets / Fund Balance$227,067$357,263▲ $130,196

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,541-$4,541
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Harold G StovallExecutive DirectorFT$65,084$65,084

Board Members and Trustees

NameTitle
Emi CanahuatiChair
Steph MahnkeVice-chair
Derek GibsonFounder
Aimee SadlerMember
Andrew HerringtonMember
Ashley WebsterMember
Blake MatthewsMember
Emily April AllenMember
Justin E PruettMember
Melinda SanchezMember
Robert L ThomasMember
Revenue and Support

Revenue Composition

Contributions and Grants
$741,582
Program Service Revenue
$0
Investment Income
$7,257
Other Revenue
$494
All Other Contributions
$741,582
Change in Net Assets
$132,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$508,915
Other Expenses$107,636
Total Fundraising Expense$588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$312,628$78,157-$390,785
Current Officers, Directors, Trustees, and Key Employees$52,067$13,017-$65,084
Payroll Taxes$23,679$5,920-$29,599
Other Employee Benefits$18,758$4,689-$23,447
Travel$12,248$3,062-$15,310
Insurance$6,979$1,745-$8,724
All Other Expenses$6,330$1,583$588$8,501
Fees for Services Accounting$5,251$1,313-$6,564
Advertising$3,941$985-$4,926
Occupancy$2,460$615-$3,075
Office Expenses$1,881$470-$2,351
Other Expenses$1,597$399-$1,996
Fees for Services Other$1,300$325-$1,625
Total Functional Expenses$492,770$123,193$588$616,551
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The board of directors reviews and approves the 990 annually.”

Governing documents etc available to public Part VI line 19

“Documents will be made available upon request.”

Filing and Contact Details

Filer

Filer Name
Nashville Launch Pad Inc
EIN
81-3538014
In Care Of
% HAROLD G STOVALL
Phone
6157523563
Address
PO BOX 330695, NASHVILLE, TN 37203-7540

Signing Officer

Name
Harold G Stovall
Title
Executive Director
Phone
6157523563
Signed
2026-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harold G Stovall
Formed
2016
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
30
Volunteers
177

Preparer

Firm
Bellenfant Pllc
Address
2919 BERRY HILL DR, NASHVILLE, TN 37204
Preparer
John Bellenfant CPA
Phone
6153708700
Supplemental Narrative

Additional Explanations

General explanation attachment

“The purpose of the corporation is to create a network of temporary safer sleeping shelters for homeless youths 18 to 24 years of age, which are open and affirming to lgbtq youth. The goal being to meet immediate needs of the homeless youth community while working towards a broader comprehensive system of care, in partnership with local, state, and federal agencies, designed for preventing and addressing homelessness in davidson county, tennessee.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE 990 ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THE CORPORATION IS TO CREATE A NETWORK OF TEMPORARY SAFER SLEEPING SHELTERS FOR HOMELESS YOUTHS 18 TO 24 YEARS OF AGE, WHICH ARE OPEN AND AFFIRMING TO LGBTQ YOUTH. THE GOAL BEING TO MEET IMMEDIATE NEEDS OF THE HOMELESS YOUTH COMMUNITY WHILE WORKING TOWARDS A BROADER COMPREHENSIVE SYSTEM OF CARE, IN PARTNERSHIP WITH LOCAL, STATE, AND FEDERAL AGENCIES, DESIGNED FOR PREVENTING AND ADDRESSING HOMELESSNESS IN DAVIDSON COUNTY, TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2General explanation attachment
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0HAROLD G STOVALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-31
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