2024-11-15T21:32:26-07:00 2023-12-31 990 2023-01-01 814826723 LAUNCHSPACE INC LAUN 9786335131 131 WEST MAIN STREET SUITE 342 ORANGE MA 01364 BRIANNA DROHEN PRESIDENT 9786335131 2024-11-15 1 2023 2024-10-15 13:58:12Z Brianna Drohen 131 West Main Street Suite 342 Orange MA 01364 523947 0 X https://launchspace-orange.com/ X 2017 MA LaunchSpace is a non-profit, member-based community workshop. We provide tools, equipment, education, and support to people who want to make and repair things, but don't have space, money, or time to build a shop of their own. 8 8 2 18 0 0 132890 487481 69724 28159 8 9 -4913 -930 197709 514719 750 0 0 0 71092 95090 0 0 26390 105228 305700 177070 400790 20639 113929 322134 353121 30273 26643 291861 326478 LaunchSpace is a non-profit, member-based community workshop. We provide tools, equipment, education, and support to people who want to make and repair things, but don't have space, money, or time to build a shop of their own. 0 0 308941 0 27229 A member-based community workshop in the Orange Innovation Center, providing tools, equipment, education, and support to people who want to make and repair things, but don't have space, money, or time to build a shop of their own. It offers an environment to share creative energy, a classroom for personal learning for all ages, and workforce training for re-entry into the job market. 0 0 0 308941 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 MA X Brianna Drohen 9786335131 131 WEST MAIN STREET SUITE 342 ORANGE MA 01364 BRIANNA DROHEN PRESIDENT AND CEO 40 0 X X 60000 0 6169 COURTNEY FIFIELD BOARD CHAIR 2 0 X X 0 0 0 MELISSA RANCOURT SECRETARY 2 0 X X 0 0 0 MARK WRIGHT TREASURER 2 0 X X 0 0 0 ALEC MACLEOD DIRECTOR 2 0 X 0 0 0 SARAH ADAMS DIRECTOR 2 0 X 0 0 0 TANYA QUINN VICE PRESIDENT 2 0 X 0 0 0 KRISTIN LEU DIRECTOR 2 0 X 0 0 0 60000 0 6169 0 0 0 0 0 0 28850 0 0 371064 87567 47685 487481 Class & Program Registrations 813990 28159 28159 0 0 0 0 0 0 28159 9 0 0 9 0 0 0 0 0 0 0 0 6355 0 9228 0 -2873 0 -2873 -2873 0 0 0 0 0 1943 1943 0 0 1943 514719 27229 0 9 X 0 0 0 0 0 0 0 0 61154 48923 12231 0 0 0 0 0 16556 13245 3311 0 0 0 0 0 6169 4935 1234 0 11211 8969 2242 0 0 0 0 0 0 0 0 0 2259 0 2259 0 0 0 0 0 0 0 0 0 0 0 232400 200306 5704 26390 13391 11742 1649 0 13296 51 13245 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 293 0 293 0 1552 0 1552 0 0 0 0 0 12226 0 12226 0 5540 0 5540 0 Supplies 21595 20538 1057 0 Grounds maintenance 2100 0 2100 0 Bank service charges 816 0 816 0 Misc program expenses 232 232 0 0 0 0 0 0 400790 308941 65459 26390 5970 78176 3522 8381 0 0 84585 169 0 0 0 0 0 0 0 0 0 0 294004 27609 228057 266395 0 0 0 0 0 0 0 0 0 0 322134 353121 5273 200 0 0 0 0 0 0 0 0 0 0 0 0 25000 26443 0 30273 26643 X 291861 326478 0 0 291861 326478 322134 353121 X 113929 0 0 0 -79312 0 X 0 1 X 1 0 X 33892 76922 81823 203167 515640 911444 0 0 17534 8492 8298 34324 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33892 76922 99357 211659 523938 945768 0 0 0 0 6771 6771 0 0 0 0 0 0 0 0 0 0 6771 6771 938997 0 0 5 8 9 22 0 0 0 0 0 0 0 0 5 8 9 22 0 0 0 0 0 0 0 0 0 0 0 0 33892 76922 99362 211667 523947 945790 0.99282 0.99998 0.00002 0.00002 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 250195 0 26657 223538 43809 0 952 42857 0 0 0 0 266395 523947 0 0 0 9228 9228 514719 0 0 0 514719 410018 0 0 0 9228 9228 400790 0 0 0 400790 Schedule D, Part XI, Line 2d rental expenses Schedule D, Part XII, Line 2d rental expenses X Equipment 7 33740 FMV X Computer equipment 1 9000 FMV X Postage and parcel shipping 1 500 FMV X Travel expense 1 20 FMV X Shop material and supplies 2 4425 FMV 0 0 1 0 Form 990, Part VI, Section A, Line 6 All members have access to all the equipment, trained staff, and experienced mentors. Members do not have any governance rights or responsibilities. Members do not have voting rights in corporate matters. Form 990, Part VI, Section B, Line 11b The Executive Director reviews the Form 990 and provides it to the board of directors prior to the Executive Director filing the return. Form 990, Part VI, Section B, Line 15 The board of directors determined the Executive Director's salary based on industry norms for their region. Form 990, Part VI, Section C, Line 19 Documents for Public Disclosure are provided to requestors upon their written or email request. Form 990, Part IX, Line 11g Other professional fees relate to program instructors and coordinators totaling $200,306; consultants for new project $26,390; administrative and facilities services $4,487; and temporary help $1,217. Form 990, Part XI, Line 8 In the organization's first financial statement audit, conducted for 2023, some grant income and expenses were deemed to be a 2022 activity, and not 2023. This treatment resulted in a change to the organization's beginning net assets for 2023 from what was previously reported on the 2022 Form 990. Note, this was a timing adjustment only. The organization timely filed a request for extension with the IRS, therefore, this return is not late.