Civic Intelligence

Ready to Launch

990EZ • Fiscal year 2022 • EIN 86-1977787

Jan 01, 2022 to Dec 31, 2022 • Filed on May 16, 2023

Organization Profileletslaunch.org
5850 W 3rd St Ste E No 282Los Angeles, CA 90036

(626) 966-5600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

84th percentile

33%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

97th percentile

166%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-24%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$41,076

Up $25,651 (+166%) from 2021

Net Assets

Up

$40,226

Up $24,801 (+161%) from 2021

Liabilities

Up

$850

Up $850 from 2021

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin84th percentile

Revenue

Down

$75,219

Down $24,026 (-24%) from 2021

Expenses

Down

$50,418

Down $33,402 (-40%) from 2021

Net Income

Up

$24,801

Up $9,376 (+61%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$80K$60K$40K$20K$0Assets 2021: $15,425Liabilities 2021: $0Net Assets 2021: $15,4252021Assets 2022: $41,076Liabilities 2022: $850Net Assets 2022: $40,2262022Assets 2023: $48,443Liabilities 2023: $200Net Assets 2023: $48,2432023Assets 2024: $79,781Liabilities 2024: $200Net Assets 2024: $79,5812024

Highlighted filing

2022

Assets$41,076
Liabilities$850
Net Assets$40,226
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

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

$100K$50K$0Revenue 2021: $99,245Expenses 2021: $83,820Net Income 2021: $15,4252021Revenue 2022: $75,219Expenses 2022: $50,418Net Income 2022: $24,8012022Revenue 2023: $61,739Expenses 2023: $53,722Net Income 2023: $8,0172023Revenue 2024: $85,245Expenses 2024: $53,906Net Income 2024: $31,3392024

Highlighted filing

2022

Revenue$75,219
Expenses$50,418
Net Income$24,801
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 16, 2023
Return Version
2022v5.0
Gross Receipts
$79,504
Mission and Program Overview

Mission

In2021,ReadytoLaunch'sexemptpurposeistofacilitateatraining,mentoring,andvocationalprogramforprogressivesseekingtoworkingovernmentorpolitics.

In 2022 Ready to Launch's exempt purpose was to facilitate a training mentoring and vocational program for progressives seeking to work in government or politics.

Program Services

DescriptionGrantsExpenses
Ready to Launch's Fellowship Institute trains and mentors progressives seeking to work in government or politics.$27,772$32,888
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlotte CanterBoard Member-Secretary-TreasurerPT$0--
Erica LiepmannBoard Member-PresidentPT$0--
Amaka ObidegwuBoard MemberPT$0--
Marissa RoyBoard MemberPT$0--
Jackie MolinaBoard MemberPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Social Gathering$19,117$19,117$259$18,858
Event 2$0$0$0$0
Total Events$19,117$19,117$3,232$15,885
Filing and Contact Details

Filer

Filer Name
Ready to Launch
EIN
86-1977787
In Care Of
% Erica Liepmann
Address
5850 W 3RD ST STE E NO 282, Los Angeles, CA 90036

Signing Officer

Name
Charlotte Canter
Title
Secretary-Treasurer
Signed
2023-05-16
Discuss with paid preparer
Yes

Preparer

Preparer
Ryan Hughes
Phone
3236886984
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Verna McKinney, $2772| Daniella Addison, $5000| Jacqueline Valdez Monroy, $5000| Lindsay Apaza, $5000| Xiadani Ortega, $5000| Atia Fairuz, $5000|”

Part I, line 16

“| Other Expenses:, Amount:| Insurance, $2125| Advertising and Promotion, $2359| IT, $1447| Travel, $9| Bank Fees, $5633| Other Meetings and Conferences, $79| Fellowship Training Institute Space Rental Snacks, $3412|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Rounding Error in Tax Return Software, $0, $2|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Outstanding Accounting Invoice, $0, $600| Outstanding Photography Invoice, $0, $250|”

Part V, line 34

“| Explanation:| The organization converted to a public charity and redesignated its tax-exemption recognition from Section 501c4 to 501c3 effective 2 23 2022. A determination letter so stating is available from the IRS.|”

Raw XML Appendix215 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
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 S Grand Ave
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 3310
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090071
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015425
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt027772
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt079504
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Charlotte Canter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Erica Liepmann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Amaka Obidegwu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Marissa Roy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jackie Molina
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member-Secretary-Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02
IRS990EZ/OtherExpensesTotalAmt015064
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0In 2022 Ready to Launch's exempt purpose was to facilitate a training mentoring and vocational program for progressives seeking to work in government or politics.
IRS990EZ/PrintingPublicationsPostageAmt0224
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Ready to Launch's Fellowship Institute trains and mentors progressives seeking to work in government or politics.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt027772
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032888
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04285
IRS990EZ/SpecialEventsNetIncomeLossAmt019244
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0850
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050418
IRS990EZ/TotalProgramServiceExpensesAmt032888
IRS990EZ/TotalRevenueAmt075219
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0letslaunch.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Year:, Amount:, Description:| -4, , | -3, | -2, | -1, | 0, |
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II - Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076929
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt099199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0176128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0131128
IRS990ScheduleA/SubstantialContributorsTotAmt045000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076929
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt099199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0176128
IRS990ScheduleA/TotalSupportAmt0176128
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03232
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Social Gathering
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01622
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01622
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015885
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0259
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0259
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01351
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Verna McKinney, $2772| Daniella Addison, $5000| Jacqueline Valdez Monroy, $5000| Lindsay Apaza, $5000| Xiadani Ortega, $5000| Atia Fairuz, $5000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Insurance, $2125| Advertising and Promotion, $2359| IT, $1447| Travel, $9| Bank Fees, $5633| Other Meetings and Conferences, $79| Fellowship Training Institute Space Rental Snacks, $3412|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Rounding Error in Tax Return Software, $0, $2|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Outstanding Accounting Invoice, $0, $600| Outstanding Photography Invoice, $0, $250|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:| The organization converted to a public charity and redesignated its tax-exemption recognition from Section 501c4 to 501c3 effective 2 23 2022. A determination letter so stating is available from the IRS.|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part V, line 34
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Charlotte Canter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary-Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READY TO LAUNCH
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0861977787
ReturnHeader/Filer/ForeignPhoneNum03236886984
ReturnHeader/Filer/InCareOfNm0% Erica Liepmann
ReturnHeader/Filer/USAddress/AddressLine1Txt05850 W 3RD ST STE E NO 282
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090036
ReturnHeader/PreparerPersonGrp/PhoneNum03236886984
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan Hughes
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-16T05:09:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,076
Liabilities
$850
Net assets
$40,226
Revenue
$75,219
Expenses
$50,418
Net income
$24,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.8$0.20$79.6$85.2$53.9$31.3
2023Detailed filing. Detailed filing data is available for this year.$48.4$0.20$48.2$61.7$53.7$8.02
2022Detailed filing. Detailed filing data is available for this year.$41.1$0.85$40.2$75.2$50.4$24.8
2021Detailed filing. Detailed filing data is available for this year.$15.4$0.00$15.4$99.2$83.8$15.4