Public Charity

LAUNCHPAD DEVELOPMENT COMPANY

LAUNCHPAD DEVELOPMENT COMPANY is a Public Charity headquartered in SAN JOSE, CA. Financial data from the 2025 filing: $20.8M revenue, $22.2M expenses, $258.6M total assets. 2 publicly reported grants to this organization, totaling roughly $550K, appear in IRS filings.

EIN: 271813337 SAN JOSE, CA Support N.E.C. NTEE: B19 Latest filing: 2025
Total Revenue$20.8M
Total Expenses$22.2M
Total Assets$258.6M
Grant Records2
Funding Total$550K
Filing Years2021–2025

Mission

LAUNCHPAD DEVELOPMENT COMPANY IS A SUPPORTING ORGANIZATION OF ROCKETSHIP EDUCATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.

Where $100 goes at Launchpad Development Company

How Launchpad Development Company divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Launchpad Development Company provides facilities and development services for rocketship education
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2017
TO SUPPORT FACILITY DEVELOPMENT FOR CHARTER SCHOOLS.
$525,000
2016
STAFF SUPPORT
$25,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Abraham Lee
EXECUTIVE DIRECTOR Benjamin Carson
DIRECTOR Charmaine Detweiler
DIRECTOR Derwin Sisnett
DIRECTOR Jeffrey Winaker
DIRECTOR Laura Kozel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$525,000 1 grant
General Support
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $20.8M $22.2M $258.6M
2024 $21.0M $20.9M $265.2M
2023 $25.9M $18.6M $268.5M
2022 $19.7M $24.9M $179.6M
2021 $19.5M $22.0M $184.9M

Between 2021 and 2025, reported annual revenue grew from $19.5M to $20.8M (+7%), with total assets most recently reported at $258.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LAUNCHPAD DEVELOPMENT COMPANY

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