Civic Intelligence

Laaunch Foundation

990EZ • Fiscal year 2024 • EIN 86-1979984

Nov 01, 2023 to Oct 31, 2024 • Filed on Jul 28, 2025

Organization Profilewww.laaunchfoundation.org
3130 Alpine Rd Ste 288 Pmb 480Portola Valley, CA 94028

(650) 362-4076

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

79%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $245,718 (-100%) from 2023

Net Assets

Down

$0

Down $245,718 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Up

$61,612

Up $27,264 (+79%) from 2023

Expenses

Up

$23,071

Up $5,142 (+29%) from 2023

Net Income

Up

$38,541

Up $22,122 (+135%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$600K$400K$200K$0Assets 2021: $457,464Liabilities 2021: $3,357Net Assets 2021: $454,1072021Assets 2022: $229,299Liabilities 2022: $0Net Assets 2022: $229,2992022Assets 2023: $245,718Liabilities 2023: $0Net Assets 2023: $245,7182023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.0M$500K$0-$500KRevenue 2021: $655,632Expenses 2021: $201,525Net Income 2021: $454,1072021Revenue 2022: $45,375Expenses 2022: $270,183Net Income 2022: -$224,8082022Revenue 2023: $34,348Expenses 2023: $17,929Net Income 2023: $16,4192023Revenue 2024: $61,612Expenses 2024: $23,071Net Income 2024: $38,5412024

Highlighted filing

2024

Revenue$61,612
Expenses$23,071
Net Income$38,541
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$61,612
Mission and Program Overview

Mission

Laaunch foundation is a non-profit organization working to end racism and increase representation for asian-americans by developing innovative programs that support, advocate, and elevate the asian-american community.

Program Services

DescriptionGrantsExpenses
LAAUNCH FOUNDATION WORKED TOGETHER WITH THE ASIAN AMERICAN FOUNDATION (TAAF), THIRD STATE BOOKS, AND THE ASIAN AMERICAN EDUCATION PROJECT TO RELEASE A GRAPHIC NOVEL TITLED Fighting to Belong! A History of Asian Americans and Pacific Islanders, Vol. 1. THE GOAL IS TO EDUCATION THE READERS ABOUT THE IMPORTANT AND DYNAMIC PART OF ASIAN AMERICANS, NATIVE HAWAIIANS,AND PACIFIC ISLANDERS IN AMERICAN HISTORY.-$1,700
STAATUS INDEX REPORT1) INCREASE PUBLIC AWARENESS ABOUT ASIAN AMERICAN STEREOTYPES AND PERCEPTIONS2) PROVIDE DATA THAT GOVERNMENT AND COMMUNITY LEADERS CAN USE TO ADVOCATE FOR ASIAN AMERICAN EQUITY AND INCLUSION3) INFORM THE DEVELOPMENT OF IMPACTFUL POLICIES AND PROGRAMS THAT CAN IMPROVE THE STATUS OF ASIAN AMERICANS IN THE U.S.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWARD KINGCFO/DirectorPT$0--
DAVID TINGSecretary/DirectorPT$0--
RICHARD TINGDirectorPT$0--
WAH CHENCEO/DirectorPT$0--
ERIC TODADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
LAAUNCH Foundation
EIN
86-1979984
Phone
6503624076
Address
3130 ALPINE RD STE 288 PMB 480, PORTOLA VALLEY, CA 94028

Signing Officer

Name
Edward King
Title
CFO/director
Signed
2025-07-28
Discuss with paid preparer
Yes

Preparer

Firm
Fong Ko & Associates Llp
Address
1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404
Preparer
Oliver Laiming Ko
Phone
6502869966
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Rights to a graphic novel $17100”

Other Expenses.1012

“Insurance $289”

Other Expenses.1

“TRAVEL EXPENSE $9600”

Other Expenses.2

“Graphic novel expenses $1700”

Other Expenses.3

“OTHER FEES $25”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $289 Prepaid Expenses and Deferred Charges - Ending $0”

Raw XML Appendix185 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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IRS990EZ/OtherChangesInNetAssetsAmt0-284259
IRS990EZ/OtherExpensesTotalAmt011614
IRS990EZ/OtherRevenueTotalAmt017100
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IRS990EZ/PrimaryExemptPurposeTxt0LAAUNCH FOUNDATION IS A NON-PROFIT ORGANIZATION WORKING TO END RACISM AND INCREASE REPRESENTATION FOR ASIAN-AMERICANS BY DEVELOPING INNOVATIVE PROGRAMS THAT SUPPORT, ADVOCATE, AND ELEVATE THE ASIAN-AMERICAN COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STAATUS INDEX REPORT1) INCREASE PUBLIC AWARENESS ABOUT ASIAN AMERICAN STEREOTYPES AND PERCEPTIONS2) PROVIDE DATA THAT GOVERNMENT AND COMMUNITY LEADERS CAN USE TO ADVOCATE FOR ASIAN AMERICAN EQUITY AND INCLUSION3) INFORM THE DEVELOPMENT OF IMPACTFUL POLICIES AND PROGRAMS THAT CAN IMPROVE THE STATUS OF ASIAN AMERICANS IN THE U.S.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LAAUNCH FOUNDATION WORKED TOGETHER WITH THE ASIAN AMERICAN FOUNDATION (TAAF), THIRD STATE BOOKS, AND THE ASIAN AMERICAN EDUCATION PROJECT TO RELEASE A GRAPHIC NOVEL TITLED Fighting to Belong! A History of Asian Americans and Pacific Islanders, Vol. 1. THE GOAL IS TO EDUCATION THE READERS ABOUT THE IMPORTANT AND DYNAMIC PART OF ASIAN AMERICANS, NATIVE HAWAIIANS,AND PACIFIC ISLANDERS IN AMERICAN HISTORY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01700
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DE
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt023071
IRS990EZ/TotalProgramServiceExpensesAmt01700
IRS990EZ/TotalRevenueAmt061612
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt044512
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034348
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053736
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0655632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0788228
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt017100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportTotal509Amt0805328
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034348
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IRS990ScheduleA/Total509Grp/TotalAmt0805328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt034348
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt053736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0655632
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0805328
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
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0FIRST REPUBLIC BANK ACCT 9414
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-10-17
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0852050585
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BANK BALANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 21749
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IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RIGHTS TO A GRAPHIC NOVEL $17100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL EXPENSE $9600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRAPHIC NOVEL EXPENSES $1700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES $25
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO/DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAAUNCH Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LAAU
ReturnHeader/Filer/EIN0861979984
ReturnHeader/Filer/PhoneNum06503624076
ReturnHeader/Filer/USAddress/AddressLine1Txt03130 ALPINE RD STE 288 PMB 480
ReturnHeader/Filer/USAddress/CityNm0PORTOLA VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094028
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204014608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FONG KO & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01510 FASHION ISLAND BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN MATEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094404
ReturnHeader/PreparerPersonGrp/PhoneNum06502869966
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Oliver Laiming Ko
ReturnHeader/ReturnTs02025-07-28T11:42:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$61,612
Expenses
$23,071
Net income
$38,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.62$0.23$0.39
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.34$0.18$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.45$2.70$2.25
2021Detailed filing. Detailed filing data is available for this year.$4.57$0.03$4.54$6.56$2.02$4.54