Nonprofit · EIN 86-1977787
READY TO LAUNCH
Tax-exempt · LOS ANGELES, CA 90036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $85,245 | $53,906 | $31,339 | $79,781 | $200 | $79,581 |
| December 31, 2023 | 990-EZ | $61,739 | $53,722 | $8,017 | $48,443 | $200 | $48,243 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $85,245
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Grants and similar amounts paid
- $26,250
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $3,314
- Professional fees and payments to contractors
- $5,465
- Occupancy
- $188
- Printing, publications and postage
- $329
- Other expenses
- $18,360
Balance sheet and other
- Total assets, start of year
- $48,443
- Total assets, end of year
- $79,781
- Total liabilities, end of year
- $200
- Net assets, end of year
- $79,581
- Cash, savings and investments
- $67,558
- Gross receipts
- $85,245
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlotte Canter | Board Member-Secretary-Treasurer | 15 | $0 |
| Erica Liepmann | Board Member-President | 15 | $0 |
| Amaka Obidegwu | Board Member | 5 | $0 |
| Marissa Roy | Board Member | 5 | $0 |
| Jackie Molina | Board Member | 5 | $0 |
| Chamarra McCrorey | Board Member | 5 | $0 |
| Xochitl Medrano | Board Member | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlotte Canter | Board Member-Secretary-Treasurer | 15 | $0 |
| Erica Liepmann | Board Member-President | 15 | $0 |
| Amaka Obidegwu | Board Member | 5 | $0 |
| Marissa Roy | Board Member | 5 | $0 |
| Jackie Molina | Board Member | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 5850 W 3RD ST STE E 282, LOS ANGELES, CA 90036-2881
- In care of
- % ERICA LIEPMANN
- Mailing address (990-N for 2020)
- 171 PIER AVE NO 496, SANTA MONICA CA 90405
- Principal officer (990-N for 2020)
- Erica Liepmann, 171 PIER AVE NO 496, SANTA MONICA CA 90405
- Signed the 990-EZ
- Charlotte Canter, Secretary-Treasurer
- Website
- letslaunch.org
California records
California keeps its own records of charities and corporations. Search them by EIN 86-1977787 or by the name READY TO LAUNCH.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
In 2023 Ready to Launchs exempt purpose was to facilitate a training mentoring and vocational program for progressives seeking to work in government or politics.
Program accomplishments
- Ready to Launchs Fellowship Institute trains and mentors progressives seeking to work in government or politics.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1977787
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J20)
- Assets (IRS master file)
- $79,781
- Income (IRS master file)
- $85,245
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $85,245 | $53,906 | $79,781 | IRS |
| 990-EZ | December 2023 | $61,739 | $53,722 | $48,443 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $99,245 | $83,820 | $15,425 | IRS |
| 990-N for 2020 Officer: Erica Liepmann | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-1977787).
Questions about READY TO LAUNCH
- What is the EIN of READY TO LAUNCH?
- The employer identification number (EIN) of READY TO LAUNCH is 86-1977787.
- Is READY TO LAUNCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to READY TO LAUNCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does READY TO LAUNCH file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of READY TO LAUNCH due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did READY TO LAUNCH last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of READY TO LAUNCH?
- The 990-N for 2020 names Erica Liepmann.
- Who are the officers and directors of READY TO LAUNCH?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does READY TO LAUNCH have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $85,245, expenses of $53,906 and total assets of $79,781 at year end.
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