Launch Leadership INC FY2023 filing

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To empower middle and high school students through experience-based Leadership training.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$108K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $8K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $103K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$176K
×13 of total assets
Concern: liabilities are 1300% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$402K
+19% vs prior year
Spent
$413K
To programs
82%
Net assets
−$161K
By yearFY2020–FY2025
Revenue
$402K
FY2023▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$183K
FY2021$343K
FY2022$337K
FY2023$402K
FY2024$466K
FY2025$555K
Expenses
$413K
FY2023▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$349K
FY2022$451K
FY2023$413K
FY2024$441K
FY2025$491K
Net assets
−$161K
FY2023▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020−$29K
FY2021−$48K
FY2022−$151K
FY2023−$161K
FY2024−$137K
FY2025−$73K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $339K Management & general 16% · $68K Fundraising 1% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$78,706Pt VII · Sec A
FMR. Exec Di
$29,669Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Timmy Tamisiea’s $81K as Executive Di is at the 73rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Timmy Tamisiea$81,458—————
Jessica Applegate—$65,629$78,706———
Randal Hawthorne—————$75,000
Kayla Meyer——$29,669$64,519——
Randal Hawthrone————$22,375—
Kelli Cunningham————$3,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Launch Leadership INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers students with hands-on leadership training to build confidence and skills.

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1 program · $339K · in their own filed words · FY2023
01

Provide leadership development services

$339Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$103K
See all 4 funders →
Grants paid · 5 grants · $124K · 2021–2025
Unitemized GrantFY2025$36,513
Unitemized GrantFY2024$27,025
Unitemized GrantFY2023$23,625
Unitemized GrantFY2022$23,100
Unitemized GrantFY2021$13,250

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$402K
Ln 12
Fees for servicesLn 2g$298K
Gifts and grantsLn 1h$101K
Other incomeLn 4–11$2K
Money outPt IX
$413K
Ln 25
Programscol B$339K
Managementcol C$68K
Fundraisingcol D$6K
Owns and owesPt X
−$161K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$15K
LiabilitiesLn 26$176K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$101K
Government grantsLn 1e$3K
Noncash giftsLn 1g$8
Fees for servicesLn 2g$298K
Investment incomeLn 3$588
Other incomeLn 4–11$2K
Total revenueLn 12$402K
Assets in detailPt X, end of year
CashLn 1$10K
Cash and savings togetherLn 1–2$10K
Accounts receivableLn 4$4K
Prepaid expenses and deferred chargesLn 9$810
Total assetsLn 16$15K
LiabilitiesLn 26$176K
Net assetsLn 32−$161K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$11K$10K
Total assetsLn 16$36K$15K
LiabilitiesLn 26$187K$176K
Net assetsLn 32−$151K−$161K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$24K$24K
Pay of current officers, directors and key staffLn 5$108K$86K$23K
Other salaries and wagesLn 7$9K$7K$2K
Other employee benefitsLn 9$19K$13K$6K
Payroll taxesLn 10$10K$8K$2K
Legal feesLn 11b$12K$160$10K$2K
Other fees for servicesLn 11g$13K$7K$6K
Advertising and promotionLn 12$2K$1K$244$825
Office expensesLn 13$494$441$23$30
Information technologyLn 14$3K$3K
OccupancyLn 16$12K$12K
TravelLn 17$496$496
Conferences, conventions and meetingsLn 19$89K$88K$177$68
InterestLn 20$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$91K$79K$12K$219
All other expensesLn 24e$14K$10K$977$3K
Total functional expensesLn 25$413K$339K$68K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $555K$491K$64K−$73K 990 PDF
FY2024Filed with the IRS May 20, 2025 $466K$441K$24K−$137K 990 PDF
FY2023 ViewingFiled with the IRS Jul 8, 2024 $402K$413K−$10K−$161K 990 PDF
FY2022Filed with the IRS Oct 11, 2023 $337K$451K−$114K−$151K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $343K$349K−$6K−$48K 990 PDF
FY2020Filed with the IRS Jun 1, 2021 $183K−$29K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $402,383 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $104,636$101,497
I-9 Program service revenuePrior year $229,662$297,840
I-10 Investment incomePrior year $217$588
I-11 Other revenuePrior year $2,598$2,458
I-12 Total revenuePrior year $337,113$402,383
I-13 Grants and similar amounts paidPrior year $23,100$23,625
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $192,452$146,598
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $235,475$242,565
I-18 Total expensesPrior year $451,027$412,788
I-19 Revenue less expensesPrior year −$113,914−$10,405
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $402,383 across 8 lines filed
VIII-1e Government grants$2,761
VIII-1f All other contributions, gifts and grants$98,736
VIII-1g Noncash contributions (included above)$8
VIII-1h Total contributions, gifts and grants$101,497
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $297,840$297,840
VIII-3 Investment incomeRelated to mission $588$588
VIII-8 Net income from fundraising events$2,458
VIII-12 Total revenueRelated to mission $298,428$402,383
Part IX · Statement of functional expenses $412,788 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $23,625$23,625
IX-5 Pay of current officers, directors and key staffPrograms $85,787 · Management $22,589$108,376
IX-7 Other salaries and wagesPrograms $7,289 · Management $1,920$9,209
IX-9 Other employee benefitsPrograms $13,072 · Management $6,122$19,194
IX-10 Payroll taxesPrograms $7,738 · Management $2,081$9,819
IX-11b Legal feesPrograms $160 · Management $10,341 · Fundraising $1,900$12,401
IX-11g Other fees for servicesPrograms $6,590 · Management $6,000$12,590
IX-12 Advertising and promotionPrograms $1,403 · Management $244 · Fundraising $825$2,472
IX-13 Office expensesPrograms $441 · Management $23 · Fundraising $30$494
IX-14 Information technologyPrograms $3,068$3,068
IX-16 OccupancyPrograms $12,000$12,000
IX-17 TravelPrograms $496$496
IX-19 Conferences, conventions and meetingsPrograms $88,293 · Management $177 · Fundraising $68$88,538
IX-20 InterestManagement $3,065$3,065
IX-23 InsuranceManagement $2,115$2,115
IX-24 Other expenses (24a–d)Programs $79,076 · Management $12,202 · Fundraising $219$91,497
IX-24e All other expensesPrograms $10,311 · Management $977 · Fundraising $2,541$13,829
IX-25 Total functional expensesPrograms $339,349 · Management $67,856 · Fundraising $5,583$412,788
Part X · Balance sheet $14,504 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $11,430$9,969
X-4 Accounts receivableStart of year $4,053$3,725
X-9 Prepaid expenses and deferred charges$810
X-16 Total assetsStart of year $35,811$14,504
X-17 Accounts payable and accrued expensesStart of year $74,045$65,933
X-24 Unsecured notes and loans payableStart of year $112,799$110,009
X-26 Total liabilitiesStart of year $186,844$175,942
X-27 Net assets without donor restrictionsStart of year −$152,283−$163,524
X-28 Net assets with donor restrictionsStart of year $1,250$2,086
X-32 Total net assets or fund balancesStart of year −$151,033−$161,438
X-33 Total liabilities and net assetsStart of year $35,811$14,504
Part XI · Reconciliation of net assets −$161,438 net assets at year end
XI-1 Total revenue$402,383
XI-2 Total expenses$412,788
XI-3 Revenue less expenses−$10,405
XI-4 Net assets at start of year−$151,033
XI-10 Net assets at end of year−$161,438

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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