The Launch Pad Foundation INC

Tax-deductible

Atlanta, GA501(c)(3)HousingEIN 46-5308624

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$70K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$70K
to officers and key staff · 55% of spending
Top officer’s pay higher than 61% of similar orgs
Concern: pay to officers and key staff is 55% of spending; over 30%.
Pt VII · Sec A
Named funders
2
named funders · $16K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$659
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$105K
-16% vs prior year
Spent
$127K
To programs
88%
Net assets
$56K
By yearFY2020–FY2025
Revenue
$105K
FY2025▼ -16%
Revenue by fiscal year
FY2020$155K
FY2021$112K
FY2022$132K
FY2023$95K
FY2024$124K
FY2025$105K
Net assets
$56K
FY2025▼ -28%
Net assets by fiscal year
FY2020$40K
FY2021$104K
FY2022$93K
FY2023$73K
FY2024$78K
FY2025$56K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2015.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $111K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive
$70,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Isaiah Jasmin’s $70K as Executive is at the 61st percentile of top reported officer pay among 851 $100K–1M housing 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023
Isaiah Jasmin$70,000$70,000$70,000

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 The Launch Pad Foundation INC executive salaries →

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Programs and updates

A housing nonprofit based in Atlanta, GA.

Provided by the organization

This section is blank until The Launch Pad Foundation INC claims this page.

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$16K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$105K
Ln 12
Other incomeLn 4–11$105K
Money outPt IX
$127K
Ln 25
Programscol B$111K
Owns and owesPt X
$56K
net assets · Ln 32
Total assetsLn 16$56K
LiabilitiesLn 26$659
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$105K
Total revenueLn 12$105K
Assets in detailPt X, end of year
Total assetsLn 16$56K
LiabilitiesLn 26$659
Net assetsLn 32$56K
OperationsPt I, VI
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $105K$127K−$22K$56K 990 PDF
FY2024 $124K$78K 990 PDF
FY2023 $95K$73K 990 PDF
FY2022 $132K$93K 990 PDF
FY2021 $112K$104K 990 PDF
FY2020 $155K$40K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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