35
The Launch Place
Community Development · Danville, Virginia
527 Bridge St Ste 200, Danville, VA 24541-1481
EIN: 202917301· Founded: Nov 2005· 21 years active· Filing Year: 2023
Annual Revenue
$2.6M
Total Expenses
$964K
Total Assets
$7.9M
Program Spending
2%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$188K
19.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$238K
Total Payroll
$426K
44% of total expenses
Where the Money Goes
2%
Programs: 2%
Payroll: 44%
Other overhead: 98%
Program Revenue$16K (1%)
Total Expenses$964K (38%)
Payroll$426K (44%)
Overhead (non-program)98%
Trust Score Breakdown
Program Spending Ratio
2% of expenses go to programs
Revenue & Stability
$2.6M annual revenue
Executive Compensation
$188K total officer comp (19.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$7.9M in assets
Similar Community Development Nonprofits in Virginia
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.