Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2002.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
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
7 people listed on the 990; $69K paid to officers and key staff.
Prentice Goods’s $108K as Exec Director is at the 88th percentile of top reported officer pay among 2094 $100K–1M mental health 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Prentice Goods | $107,655 | $69,038 | $58,222 | $96,640 | $85,102 |
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.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers individuals by bridging gaps from homelessness, addiction, unemployment, and skill deficits to self-sufficiency.
Questions for Houston Launch Pad
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Helping bridge the gap from homelessness, addiction, unemployment, and basic skill development to self enpowerment
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $17K | $129K |
| Land, buildings, equipmentLn 10c | $219K | $208K |
| Total assetsLn 16 | $236K | $337K |
| LiabilitiesLn 26 | $0 | $132K |
| Net assetsLn 32 | $236K | $204K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $69K | $60K | $9K | $0 |
| Pay of disqualified personsLn 6 | $274K | $274K | $0 | $0 |
| Payroll taxesLn 10 | $32K | $31K | $691 | $0 |
| Accounting feesLn 11c | $4K | $0 | $4K | $0 |
| Advertising and promotionLn 12 | $7K | $7K | $0 | $0 |
| OccupancyLn 16 | $104K | $104K | $0 | $0 |
| TravelLn 17 | $5K | $5K | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $11K | $0 | $11K | $0 |
| InsuranceLn 23 | $18K | $18K | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $92K | $91K | $502 | $0 |
| All other expensesLn 24e | $39K | $31K | $8K | $0 |
| Total functional expensesLn 25 | $654K | $621K | $33K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $782K | $864K | −$81K | $123K | 990 PDF |
| FY2023 Viewing | $622K | $654K | −$32K | $204K | 990 PDF |
| FY2022 | $542K | $557K | −$16K | $236K | 990 PDF |
| FY2021 | $641K | $647K | −$7K | $252K | 990 PDF |
| FY2020 | $604K | $624K | −$19K | $259K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $622,039 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 4 to look at
Part VIII · Statement of revenue $622,039 across 4 lines filed
Part IX · Statement of functional expenses $653,608 across 11 lines filed
Part X · Balance sheet $336,974 assets, 7 lines filed
Part XI · Reconciliation of net assets $204,486 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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