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Filing year 2023

LAUNCHPAD DEVELOPMENT FIVE LLC

San Jose, California·EIN 27-5083413·501(c)(2)
Total revenue
$686k
Total assets
$8M
Total expenses
$602k
Reported officers
9
Mission

TO CONSTRUCT, HOLD, AND MANAGE THE FACILITY USED IN THE SCHOOL OPERATIONS OF ROCKETSHIP FIVE ELEMENTARY SCHOOL.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Below 10th percentile
$9k
$10k
CFO
Below 10th percentile
$3k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Pay for the position

Chief Financial Officer pay rose 30% from 2022 to 2023, while revenue fell 47%.

$3k in 2022 to $3k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

LAUNCHPAD DEVELOPMENT FIVE LLC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$755k
2022
$686k
$602k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAUNCHPAD DEVELOPMENT FIVE LLC

What does the Chief Executive Officer of LAUNCHPAD DEVELOPMENT FIVE LLC earn?

In 2023, the Chief Executive Officer of LAUNCHPAD DEVELOPMENT FIVE LLC received $8,940 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAUNCHPAD DEVELOPMENT FIVE LLC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at LAUNCHPAD DEVELOPMENT FIVE LLC falls in the bottom 10%.

What are LAUNCHPAD DEVELOPMENT FIVE LLC's revenue and expenses?

In 2023, LAUNCHPAD DEVELOPMENT FIVE LLC reported $686k in total revenue and $602k in total expenses on its IRS Form 990.

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