NonprofitsLaunch

Community Improvement & Capacity Building

Launch

CHATTANOOGA, TN

Total revenue

$999K

Total expenses

$1.5M

Net assets

$511K

Grants received

$2.0M

66 grants

EIN

462203112

Tax year

2024

Mission

Launch empowers individuals and impacts communities through entrepreneurship.

Financials

FY 2024

Revenue

Contributions & grants$615K
Program service revenue$301K
Investment income$2K
Other revenue$82K
Total revenue$999K

Expenses

Grants paid$6K
Salaries & benefits$548K
Fundraising$166K
Other expenses$982K
Total expenses$1.5M
Total assets$3.4M
Net assets$511K

People

11 listed

NameRoleCompensation

HAL BOWLING

CEO

Board

$123K

40 hrs/wk

DEJUAN JORDAN

CEO

Board

$113K

40 hrs/wk

MARCUS CADE-JOHNSON

PRESIDENT

Board

1 hrs/wk

CHUCK FISHER

MEMBER

Board

1 hrs/wk

LINDSEY GALLAHER

MEMBER

Board

1 hrs/wk

QUENTIN LAWRENCE

MEMBER

Board

1 hrs/wk

JULI-ANN MORGAN

TREASURER

Board

1 hrs/wk

TERNAE JORDAN SR

MEMBER

Board

1 hrs/wk

LUIS CONTRERAS

MEMBER

Board

1 hrs/wk

MANDY SENN-SIMMONS

MEMBER

Board

1 hrs/wk

ZAC BROWN

MEMBER

Board

1 hrs/wk

Grants received

Showing 66 of 66

FromAmountPurposeYear
$100K
General Operations 2024
2024
$55K
ORGANIZATIONAL SUPPORT
2024
$50K
Developing Entrepreneurship in Underserved Communities
2024
$40K
PROGRAM SUPPORT
2024
$25K
CHARITABLE PURPOSES
2024
$10K
Kitchen Incubator Building Purchase
2024
$185K
General Operations 2023; Kitchen Incubator Seating Area
2023
$100K
To support general operations of LAUNCH
2023
$78K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$50K
LAUNCH BUSINESS TRAINING, SUPPORT, AND INCUBATION FOR THOSE UNDERREPRESENTED IN ENTREPRENEURSHIP
2023
$40K
PROGRAM SUPPORT
2023
$30K
CHARITY
2023
$25K
CHARITABLE PURPOSES
2023
$10K
KITCHEN INCUBATOR BUILDING PURCHASE
2023
$10K
PROGRAM SUPPORT
2023
$8K
For grant recipient's exempt purposes
2023
$6K
PROGRAM/OPERATING SUPPORT
2023
$1K
FOR GENERAL OPERATING SUPPORT.
2023
$100K
TO EMPOWER COMMUNITIES AND INDIVIDUALS THROUGH ENTREPRENEURSHIP
2022
$100K
TO EMPOWER COMMUNITIES AND INDIVIDUALS THROUGH ENTREPRENEURSHIP
2022
$59K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$50K
General Operations 2022
2022
$25K
GENERAL OPERATING
2022
$25K
GENERAL OPERATING
2022
$21K
GENERAL SUPPORT
2022
$15K
GENERAL OPERATING
2022
$15K
LAUNCH CHA ACADEMY ECONOMIC DEVELOPMENT
2022
$10K
Kitchen Incubator Outdoor Seating Concept Design
2022
$6K
PROGRAM/OPERATING SUPPORT
2022
$1K
DONATION
2022
$1K
PUBLIC CHARITY
2022
$600
FOR GENERAL OPERATING SUPPORT.
2022
$600
FOR GENERAL OPERATING SUPPORT.
2022
$25K
PROGRAM SUPPORT
2021
$23K
CREATING OPPOR FOR
2021
$600
GENERAL PURPOSES INCLUDING OUTREACH TO THE INDIGENT, EDUCATION, OR SPIRITUAL FORMATION.
2021
$600
GENERAL PURPOSES INCLUDING OUTREACH TO THE INDIGENT, EDUCATION, OR SPIRITUAL FORMATION.
2021
$125K
To support a kitchen incubator and food relief efforts
2020
$125K
Grant for business support orgs
2020
$54K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
$50K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$45K
General & Unrestricted
2020
$30K
MEALS FOR SENIORS DURING COVID-19/COMMUNITY RESPONSE AND RESILIENCE PROJECT
2020
$25K
INCLUSIVE ENTREPRENEURSHIP FOR ECONOMIC MOBILITY AND WEALTH-BUILDING YEAR 3
2020
$25K
Kitchen Incubator of Chattanooga
2020
$25K
DONATION
2020
$20K
TO TRAIN VOLUNTEERS/THE GENERAL PUBLIC.
2020
$20K
PROGRAM SUPPORT
2020
$15K
COVID-19 COMMUNITY RESPONDER
2020
$10K
EMPOWERING UNDERSERVED ENTREPRENEURS PROGRAM
2020
$8K
ANONYMOUS - UNRESTRICTED DONATION
2020
$5K
FOR HOLISTIC COMMUNITY OUTREACH AND DEVELOPMENT
2020
$2K
360 MEALS FOR LOCAL RESIDENTS/WE OVER ME PROJECT
2020
$1K
FOR GENERAL OPERATING SUPPORT.
2020
$500
UNRESTRICTED GENERAL SUPPORT
2020
$80K
increase access to economic mobility for minority women and low-income parents by expanding a entrepreneurial education and mentoring program to additional cities across the country
2017

Funded by

$2.0M from 23 funders · 66 grants · 2017–2024

Lyndhurst Foundation Inc

$370K · 5 grants · 2020–2024

United Way Of Greater Chattanooga

$280K · 4 grants · 2022–2024

Footprint Foundation Inc

$270K · 3 grants · 2020–2023

Chattanooga Christian Community

$246K · 4 grants · 2020–2024

Common Future

$125K · 1 grant · 2020

Lillian L Colby Charitable Fdn Ia

$98K · 4 grants · 2021–2024

WK Kellogg Foundation

$80K · 1 grant · 2017

Details

EIN462203112
NTEE codeS43
Subsection03
Ruling date2014-10
Formed2011
Employees6
Volunteers79
LAUNCH — Mission, Financials & Grants Received | Grantivo