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Launchpad Development Five Llc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Summary charts: organization finances over time

Revenue
$1.3M (2023)

Expenses
$755k (2023)

Total Assets
$7.93M (2023)

Total Liabilities
$10.7M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,297,142
Expenses
$754,745
Net Income
$542,397
Net Assets
-$2,789,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $697,489
53.8%
Investment Income $36,852
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $562,801
43.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,932,512
Total Liabilities $10,722,141
Net Assets -$2,789,629
Compensation
Key Employees and Officers Compensation Related Other
Ben Carson (Executive Director) $0 $83,333 $0
Matthew Shaw (Cfo) $0 $226,667 $2,500
Tadd Miller (President) $0 $0 $0
Laura Kozel (Secretary) $0 $0 $0
Keysha Bailey (Board Member) $0 $0 $0
Jeffrey Winaker (Board Member) $0 $0 $0
Derwin Sissnete (Board Member) $0 $0 $0
Abraham Lee (Board Member) $0 $0 $0
Marcus Goodwin (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$747,814
Expenses
$778,107
Net Income
-$30,293
Net Assets
-$3,332,026
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $746,525
99.8%
Investment Income $1,280
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,944,175
Total Liabilities $11,276,201
Net Assets -$3,332,026
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair (Term End 07/21)) $0 $204,406 $7,853
Matthew Shaw (Board Chair (Term Start 4/22)) $0 $60,403 $0
Jeffrey Winaker (Secretary Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$746,991
Expenses
$793,572
Net Income
-$46,581
Net Assets
-$3,301,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $746,524
99.9%
Investment Income $467
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,071,814
Total Liabilities $11,373,547
Net Assets -$3,301,733
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair) $0 $310,284 $9,124
Jeffrey Winaker (Secretary Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$767,147
Expenses
$795,202
Net Income
-$28,055
Net Assets
-$2,905,245
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $746,524
97.3%
Investment Income $20,623
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,384,491
Total Liabilities $11,289,736
Net Assets -$2,905,245
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair) $0 $315,120 $8,797
Jeffrey Winaker (Secretary Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$702,628
Expenses
$246,496
Net Income
$456,132
Net Assets
$261,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $702,615
100.0%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,764,800
Total Liabilities $8,503,443
Net Assets $261,357
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair) $0 $306,000 $8,087
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0
Ron Duncanson (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,198,589
Expenses
$262,663
Net Income
$1,935,926
Net Assets
-$194,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,198,589
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,234,424
Total Liabilities $8,429,199
Net Assets -$194,775
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair) $0 $283,077 $15,217
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0
Ron Duncanson (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$821,476
Expenses
$883,649
Net Income
-$62,173
Net Assets
-$2,130,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $821,476
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,114,814
Total Liabilities $10,245,515
Net Assets -$2,130,701
Compensation
Key Employees and Officers Compensation Related Other
Keysha Bailey (Board Chair) $0 $0 $0
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0
Ron Duncanson (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$979,386
Expenses
$826,882
Net Income
$152,504
Net Assets
-$2,068,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $979,386
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,110,867
Total Liabilities $10,179,395
Net Assets -$2,068,528
Compensation
Key Employees and Officers Compensation Related Other
Andrew Stern (Board Chair) $0 $261,785 $21,096
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0
Ron Duncanson (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$854,663
Expenses
$827,317
Net Income
$27,346
Net Assets
-$1,671,032
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $854,663
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,466,355
Total Liabilities $10,137,387
Net Assets -$1,671,032
Compensation
Key Employees and Officers Compensation Related Other
Andrew Stern (Board Chair) $0 $270,640 $14,834
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0
Ron Duncanson (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,004,982
Expenses
$902,666
Net Income
$102,316
Net Assets
-$723,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,004,982
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,574,967
Total Liabilities $10,298,145
Net Assets -$723,178
Compensation
Key Employees and Officers Compensation Related Other
Andrew Stern (Board Chair) $0 $266,732 $16,647
Jeffrey Winaker (Member Ldc) $0 $0 $0
Cam Turner (Member Ldc) $0 $0 $0
Tadd Miller (Member Ldc) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$661,741
Expenses
$860,606
Net Income
-$198,865
Net Assets
-$625,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $661,741
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,650,838
Total Liabilities $10,276,332
Net Assets -$625,494

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$683,932
Expenses
$764,286
Net Income
-$80,354
Net Assets
-$126,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $673,932
98.5%
Investment Income $10,000
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,162,804
Total Liabilities $10,289,433
Net Assets -$126,629

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$46,275
Net Income
-$46,275
Net Assets
-$46,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,162,678
Total Liabilities $11,208,953
Net Assets -$46,275

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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