Nonprofit · EIN 27-5083413
LAUNCHPAD DEVELOPMENT FIVE LLC
Tax-exempt · SAN JOSE, CA 95110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $687,085 | $646,034 | $41,051 | $7,815,703 | $10,480,105 | -$2,664,402 |
| June 30, 2024 | 990 | $686,231 | $602,055 | $84,176 | $7,950,615 | $10,656,068 | -$2,705,453 |
| June 30, 2023 | 990 | $1,297,142 | $754,745 | $542,397 | $7,932,512 | $10,722,141 | -$2,789,629 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $645,863
- Investment income
- $41,222
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,730
- Occupancy
- $4,173
- Depreciation
- $236,002
- Program services (functional)
- $646,034
Balance sheet and other
- Total assets, start of year
- $7,950,615
- Total assets, end of year
- $7,815,703
- Total liabilities, end of year
- $10,480,105
- Net assets, end of year
- -$2,664,402
- Land, buildings and equipment
- $6,225,838
- Net assets without donor restrictions
- -$2,664,402
- Gross receipts
- $687,085
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2009
- State of legal domicile
- CA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BENJAMIN CARSON | EXECUTIVE DIRECTOR Officer | 5 | $0 | $273,284 | $15,159 |
| TADD MILLER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LAURA KOZEL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DERWIN SISNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ABRAHAM LEE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCUS GOODWIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHARMAINE DETWEILER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY WINAKER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW SHAW | CFO Officer | 4 | $0 | $320,000 | $3,249 |
| BENJAMIN CARSON | EXECUTIVE DIRECTOR Officer | 4 | $0 | $221,676 | $8,940 |
| TADD MILLER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LAURA KOZEL | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DERWIN SISNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ABRAHAM LEE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCUS GOODWIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHARMAINE DETWEILER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY WINAKER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW SHAW | CFO Officer | 4 | $0 | $226,667 | $2,500 |
| BEN CARSON | EXECUTIVE DIRECTOR Officer | 1 | $0 | $83,333 | $0 |
| TADD MILLER | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LAURA KOZEL | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| KEYSHA BAILEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFFREY WINAKER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| DERWIN SISSNETE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| ABRAHAM LEE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCUS GOODWIN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 GATEWAY PL STE 230E, SAN JOSE, CA 95110-3719
- In care of
- % LAUNCHPAD DEVELOPMENT COMPANY
- Mailing address (990-N for 2009)
- 420 FLORENCE No 300, PALO ALTO CA 94301
- Principal officer (990 for 2024)
- BENJAMIN CARSON, 2001 GATEWAY PLACE STE 230E, SAN JOSE, CA 95110
- Principal officer (990-N for 2009)
- RICHARD BILLINGS, 420 FLORENCE ST STE300, PALO ALTO CA 94301
- Signed the 990
- BENJAMIN CARSON, EXECUTIVE DIRECTOR
- Phone
- (877) 806-0920
- Website
- WWW.LAUNCHPAD-DEV.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 27-5083413 or by the name LAUNCHPAD DEVELOPMENT FIVE LLC.
- 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
TO CONSTRUCT, HOLD, AND MANAGE THE FACILITY USED IN THE SCHOOL OPERATIONS OF ROCKETSHIP DISCOVERY PREP.
Program accomplishments
- TO CONSTRUCT, HOLD, AND MANAGE THE FACILITY USED IN THE SCHOOL OPERATIONS OF ROCKETSHIP DISCOVERY PREP.Expenses $646,034 · revenue $645,863
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-5083413
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,815,703
- Income (IRS master file)
- $687,085
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $687,085 | $646,034 | $7,815,703 | IRS |
| 990 | June 2024 | $686,231 | $602,055 | $7,950,615 | IRS |
| 990 | June 2023 | $1,297,142 | $754,745 | $7,932,512 | IRS |
| 990 | June 2022 | $747,814 | $778,107 | $7,944,175 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: RICHARD BILLINGS | June 30, 2010 | ≤ $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 27-5083413).
Questions about LAUNCHPAD DEVELOPMENT FIVE LLC
- What is the EIN of LAUNCHPAD DEVELOPMENT FIVE LLC?
- The employer identification number (EIN) of LAUNCHPAD DEVELOPMENT FIVE LLC is 27-5083413.
- Is LAUNCHPAD DEVELOPMENT FIVE LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2012.
- Which annual return does LAUNCHPAD DEVELOPMENT FIVE LLC 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 LAUNCHPAD DEVELOPMENT FIVE LLC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAUNCHPAD DEVELOPMENT FIVE LLC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAUNCHPAD DEVELOPMENT FIVE LLC?
- The 990 for the year ended June 30, 2025 names BENJAMIN CARSON.
- Who are the officers and directors of LAUNCHPAD DEVELOPMENT FIVE LLC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does LAUNCHPAD DEVELOPMENT FIVE LLC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $687,085, expenses of $646,034 and total assets of $7,815,703 at year end.
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