Recreation & Sports
(N32)
990 on File
LAUNCH COMMUNITY THROUGH SKATEBOARDING
Financial strength (30%)
63/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$102K
Total Revenue
$115K
Total Expenses
$19K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
69.8%
Fundraising Efficiency
50.9%
Operating Reserve
1.94x
Liability-to-Asset
9.5%
Revenue Diversification
45.3%
Compared with Peers
FY 2023
Compared with 11,967 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
69.8% | 94.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
50.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.9 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
45.3% | 89.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-10.7% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.2% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.6% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $102K | $115K | $19K | 69.8% | — |
| 2022 | $114K | $113K | $31K | 71.3% | — |
| 2021 | $168K | $107K | N/A | — | 1 |
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