Civic Intelligence

Ready to Launch

990EZ • Fiscal year 2023 • EIN 86-1977787

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

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

(310) 946-3335

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

18%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-18%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$48,443

Up $7,367 (+18%) from 2022

Net Assets

Up

$48,243

Up $8,017 (+20%) from 2022

Liabilities

Down

$200

Down $650 (-76%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin67th percentile

Revenue

Down

$61,739

Down $13,480 (-18%) from 2022

Expenses

Up

$53,722

Up $3,304 (+6.6%) from 2022

Net Income

Down

$8,017

Down $16,784 (-68%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth78th 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

2023

Assets$48,443
Liabilities$200
Net Assets$48,243
Open 2023 Filing

Operations Trend

Revenue Growth22nd 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

2023

Revenue$61,739
Expenses$53,722
Net Income$8,017
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$62,648
Mission and Program Overview

Mission

In2021,ReadytoLaunch'sexemptpurposeistofacilitateatraining,mentoring,andvocationalprogramforprogressivesseekingtoworkingovernmentorpolitics.

In 2023 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.$35,000$41,797
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
Fundraiser$16,838$909$909$0
N a$0$0$0$0
Total Events$16,838$909$2,081$-1,172
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
2024-05-14
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:| Grants paid to Ready to Launch fellows distributed periodically during their completion of the Ready to Launch Fellowship., $35000|”

Part I, line 16

“| Other Expenses:, Amount:| Conferences Conventions and Meetings, $5249| Information Technology, $1549| Insurance, $2125| Bank Merchant Fees, $1295| Contribution Refunds, $200| Advertising and Promotion, $735| Fundraising Expenses Not Direct Expenses from Gaming and Fundraising Events, $1171|”

Part II, line 24

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

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Outstanding Accounts Payable, $850, $200|”

Raw XML Appendix234 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.

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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0N A
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Grants paid to Ready to Launch fellows distributed periodically during their completion of the Ready to Launch Fellowship., $35000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Conferences Conventions and Meetings, $5249| Information Technology, $1549| Insurance, $2125| Bank Merchant Fees, $1295| Contribution Refunds, $200| Advertising and Promotion, $735| Fundraising Expenses Not Direct Expenses from Gaming and Fundraising Events, $1171|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Rounding Error in Tax Return Software, $2, $|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Outstanding Accounts Payable, $850, $200|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Charlotte Canter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary-Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
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/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan Hughes
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-14T17:58:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,443
Liabilities
$200
Net assets
$48,243
Revenue
$61,739
Expenses
$53,722
Net income
$8,017
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