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Launchcode Foundation

Launchcode Foundation

Saint Louis, MO 63108
Tax ID47-1718432

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About this organization

Revenue

$10,884,872

Expenses

$8,679,860

Mission

LaunchCode is building a skilled workforce by creating pathways for driven people seeking careers in technology. We provide people with economic opportunity and upwardly mobile careers through equitable access to free tech training and paid tech apprenticeships. LaunchCode knows that while talent is evenly distributed, opportunity is not. We identify talented, driven individuals who lack the traditional credentials for a job in technology and offer mentorship and education programs to prepare them for full-time employment. We then place graduates into paid apprenticeships with a broad range of employers. Once placed with an employer partner, over 85% of apprentices convert to full-time employment following on-the-job learning.

About

Launchcode increases economic opportunity and upward mobility by placing driven individuals into technology apprenticeships and jobs based on aptitude, professionalism, and skills. In 2018, we worked with hundreds of companies and education partners to help our candidates overcome traditional barriers to employment such as formal degrees or years of job experience, placing 344 individuals into apprenticeships or permanent jobs in technology. In pursuit of this goal, Launchcode received substantial in-kind support (rent, consulting, accounting and legal services, mentoring, digital marketing and software licenses for apprenticeship candidates) valued at $588,669.

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “Launchcode is a nonprofit organization dedicated to creating economic opportunity for aspiring developers through job placement and training in technology.”.

When referring to its actions, they were described as: “To increase job opportunities in technology for individuals lacking traditional education/background.”.

  • According to the law, the state of operation reported by the non-profit is MO.
  • As per the filing, the address of the non-profit for 2020 is 4811 DELMAR BLVD, SAINT LOUIS, MO, 63108.
  • According to their form, the non-profit as of 2020 has a total of 328 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,205,012.
  • The organization has 7 independent voting members.
  • The organization was formed in 2014.
  • The organization pays $6,984,785 in salary, compensation, and benefits to its employees.
  • The organization pays $349,312 in fundraising expenses.

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