Program areas at Launch
Launch empowers communities and individuals through entrepreneurship. We work tirelessly to ensure that anyone with a business dream has the tools to bring it to life, especially those underrepresented in entrepreneurship. Our focus is on businesses owned by women, people of color, youth, and food entrepreneurs.using our collective resources, relationships, creativity, and business expertise, we help individuals start and strengthen their businesses. We provide a support system for those without one, believing it is key to their long-term success. Since 2011, Launch has supported businesses and tracked their progress. Remarkably, 85% of the businesses we've helped are still operating today.we are continually inspired by the entrepreneurs we work with. Please consider investing in our efforts and partnering with us on this exciting journey!
Who funds Launch
Grants from foundations and other nonprofits
Personnel at Launch
| Name | Title | Compensation | Date of data |
|---|
| DeJuan S. Jordan | Chief Executive Officer | $89,816 | 2024-10-30 |
| Karen Collins | Director of Programs | | 2024-10-30 |
| Mark Holland | Kitchen Incubator Director | | 2024-10-30 |
| Pat Rowe | Kitchen Incubator Member Support Specialist and Outreach Manager | | 2024-10-30 |
| Juli-Ann Morgan | Board Member | $0 | 2024-10-30 |
| ...and 9 more key personnel |
Financials for Launch
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,373,193 | $1,069,051 | 28.4% |
| Program services | $217,574 | $110,984 | 96% |
| Investment income and dividends | $1,646 | $896 | 83.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-153 | $0 | -999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $2,500 | $0 | 999% |
| Total revenues | $1,594,760 | $1,180,931 | 35% |
Organizations like Launch
| Organization | Type | Location | Revenue |
|---|
| Cielo Community for Innovation Entrepreneurship Leadership | 501(c)(3) | Huntington Beach, CA | $804,065 |
| TechTown | 501(c)(3) | Detroit, MI | $6,792,234 |
| Create Campaign | 501(c)(3) | Wichita, KS | $677,706 |
| Suazo Business Center | 501(c)(3) | Salt Lake City, UT | $1,540,347 |
| Renaissance Entrepreneurship Center | 501(c)(3) | San Francisco, CA | $7,685,266 |
| Center for Community Wealth Building | 501(c)(3) | Denver, CO | $1,927,955 |
| Maryland Capital Enterprises | 501(c)(3) | Salisbury, MD | $4,711,871 |
| The Idea Village | 501(c)(3) | New Orleans, LA | $1,805,703 |
| Make-It Springfield | 501(c)(3) | Springfield, MA | $400,839 |
| Inquiring Systems | 501(c)(3) | Santa Rosa, CA | $6,271,136 |
Data update history
January 3, 2025
Received grants
Identified 3 new grant, including a grant for $185,000 from Lyndhurst Foundation October 31, 2024
Updated personnel
Identified 4 new personnel
September 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Business and industry
Characteristics
Partially liquidatedFundraising eventsState / local levelTax deductible donationsAccepts online donations
General information
- Address
- PO Box 903
- Chattanooga, TN 37401
- Metro area
- Chattanooga, TN-GA
- County
- Hamilton County, TN
- Website URL
- launchchattanooga.org/Â
- Phone
- (423) 523-9307
IRS details
- EIN
- 46-2203112
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2011
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Independent
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