Launch Community Through Skateboarding
EIN: 452575857 · Fort Collins, CO · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $115K |
| Net Assets | $19K |
Is Launch Community Through Skateboarding Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Launch Community Through Skateboarding
Launch Community Through Skateboarding (EIN: 452575857) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code N32. The organization reported total revenue of $136K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Launch Community Through Skateboarding's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Launch Community Through Skateboarding is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $115K |
| Surplus / Deficit | $-12,818 |
| Total Assets | $20K |
| Total Liabilities | $2K |
| Net Assets | $19K |
| Operating Margin | -12.6% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Launch Community Through Skateboarding reported a deficit of $13K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Launch Community Through Skateboarding's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | +1.2% | -37.4% |
| 2022 | +4.7% | +6.3% | -6.7% |
| 2021 | +33.1% | +24.8% | -7.9% |
| 2020 | -5.8% | +4.2% | +11.6% |
| 2019 | +0.6% | -5.9% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Launch Community Through Skateboarding has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Launch Community Through Skateboarding with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.5%.
Frequently Asked Questions about Launch Community Through Skateboarding
Is Launch Community Through Skateboarding a legitimate charity?
Launch Community Through Skateboarding (EIN: 452575857) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $136K. No red flags identified. Financial health grade: C.
How does Launch Community Through Skateboarding spend its money?
Launch Community Through Skateboarding reported $136K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Launch Community Through Skateboarding tax-deductible?
Launch Community Through Skateboarding is registered as a tax-exempt nonprofit (EIN: 452575857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Launch Community Through Skateboarding located?
Launch Community Through Skateboarding is headquartered in Fort Collins, Colorado and files with the IRS under EIN 452575857. It is classified under NTEE code N32.
How many years of IRS 990 filings does Launch Community Through Skateboarding have?
Launch Community Through Skateboarding has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Filing History
IRS 990 filing history for Launch Community Through Skateboarding showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Launch Community Through Skateboarding's revenue has grown by 614%, moving from $14K to $102K. Total assets increased by 119.8% over the same period, from $9K to $20K. Total functional expenses rose by 2218.1%, from $5K to $115K. In its most recent filing year (2023), Launch Community Through Skateboarding reported a deficit of $13K, with expenses exceeding revenue. The organization holds $2K in liabilities against $20K in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $115K | $20K | $2K | — | View 990 |
| 2022 | $114K | $113K | $33K | $1K | — | — |
| 2021 | $109K | $107K | $35K | $4K | — | — |
| 2020 | $82K | $85K | $38K | $10K | — | — |
| 2019 | $87K | $82K | $34K | $2K | — | View 990 |
| 2018 | $86K | $87K | $29K | $2K | — | View 990 |
| 2017 | $79K | $65K | $30K | $2K | — | View 990 |
| 2016 | $50K | $55K | $15K | $2K | — | View 990 |
| 2015 | $54K | $45K | $19K | $637 | — | View 990 |
| 2014 | $38K | $44K | $11K | $771 | — | View 990 |
| 2013 | $40K | $37K | $16K | $406 | — | View 990 |
| 2012 | $27K | $23K | $13K | $306 | — | View 990 |
| 2011 | $14K | $5K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $115K, and assets of $20K (revenue -10.7% year-over-year).
- 2022: Revenue of $114K, expenses of $113K, and assets of $33K (revenue +4.7% year-over-year).
- 2021: Revenue of $109K, expenses of $107K, and assets of $35K (revenue +33.1% year-over-year).
- 2020: Revenue of $82K, expenses of $85K, and assets of $38K (revenue -5.8% year-over-year).
- 2019: Revenue of $87K, expenses of $82K, and assets of $34K (revenue +0.6% year-over-year).
- 2018: Revenue of $86K, expenses of $87K, and assets of $29K (revenue +8.9% year-over-year).
- 2017: Revenue of $79K, expenses of $65K, and assets of $30K (revenue +58.6% year-over-year).
- 2016: Revenue of $50K, expenses of $55K, and assets of $15K (revenue -7.1% year-over-year).
- 2015: Revenue of $54K, expenses of $45K, and assets of $19K (revenue +41.4% year-over-year).
- 2014: Revenue of $38K, expenses of $44K, and assets of $11K (revenue -5.2% year-over-year).
- 2013: Revenue of $40K, expenses of $37K, and assets of $16K (revenue +49.7% year-over-year).
- 2012: Revenue of $27K, expenses of $23K, and assets of $13K (revenue +87.9% year-over-year).
- 2011: Revenue of $14K, expenses of $5K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Launch Community Through Skateboarding:
Data Sources and Methodology
This transparency report for Launch Community Through Skateboarding is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.