Launch Michigan
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Reimagining public education to prepare every child for success after high school. For fiscal year 2024 it reported $1.6M in revenue, $1.0M in expenses, and $613K in net assets.Pt I
Summary of the Filing
Where the work happens
Launch michigan is guided by our framework for transformation. It is a roadmap for reinventing michigan's public education system. The launch michigan framework includes three key pillars: 1.) reinvention: create a top-performing education system for michigan and will unlock a college and career readiness standard in a way that…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Dr Venessa Keesler’s $264K as President & CEO is at the 92nd percentile of top reported officer pay among 3393 $1–10M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Dr Venessa Keesler | $264,000 | — |
| Dr Venessa Kessler | — | $60,000 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 60% | — | — |
| Overhead ratio | 22% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 192% | — | — |
| Fundraising fee ratio | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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