Community Day School Association

What it reported doing in 2024

Community day school association, doing business as launch, was founded in 1977 as a Washington nonprofit corporation dedicated to providing high-quality enrichment programming for children ages 3-12. Launch's first site opened at montlake elementary within the seattle public schools (sps) system. The organization expanded to leschi elementary in 1988, hawthorne elementary in 1995, and madrona elementary in 1997, and broadened its scope in 2000 with the opening of its first preschool at leschi elementary.(see additional description continued on schedule o)__in the 2024-2025 school year, launch operated eleven school-age programs (before- and after-school programs and summer learning) at ten sps elementary schools in central, southeast, and west seattle-beacon hill, hawthorne, highland park, kimball, leschi, madrona, maple, montlake, wing luke, and sanislo-as well as a program at its newest location in renton at cascade vista, co-located on the impact public schools black river elementary campus.during 2024-2025, launch operated nine preschool classrooms: one each at beacon hill, highland park, and cascade vista; two at madrona; one at rainier community center; one at delridge community center; and two preschool classrooms plus its first early preschool classroom at the miller community center annex. All seattle-based preschool classrooms participate in the seattle preschool program, a voter-approved city of seattle initiative to make voluntary, high-quality preschool accessible and affordable for all seattle 3- and 4-year-old children. Launch's first out-of-seattle preschool site is located in renton.consistent with its mission to provide equitable access to quality learning and care, launch serves a highly diverse population. For the fiscal year ended june 30, 2025, 59% of enrolled children identified as multiracial or students of color, 38% as white, and 3% as unknown or unanswered. Additionally, 45% of children came from low- to moderate-income households; 25% primarily spoke a non-english language at home; 5% had a disability or an iep; and some families were experiencing homelessness. Launch families spoke 29 languages. Forty-three percent of families reported household incomes below 80% of the area median income, and 27% received childcare subsidies through dshs, the city of seattle, or other providers. Most families rely on launch services while working or enrolled in education programs, and 47% identified as essential workers.launch operates in linguistically, ethnically, and culturally diverse neighborhoods and strives to hire staff who reflect the communities it serves. In addition to fee-for-service tuition, launch receives funding from foundations, individual donors, and government contracts and subsidies, including the city of seattle families & education levy, dshs, king county, and best start for kids. Launch also provides tuition assistance to families in need.additional information about launch's programs and annual reports is available at www.launchlearning.org

Financial Efficiency

• Mission deployment rate: 80.3%; rating input score 80
• Program expense ratio: 84%; rating input score 84
• Fundraising efficiency: $1.29 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.1%; rating input score 45; 45th percentile among comparable filings
• Total-asset coverage ratio: 0.51; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 35; 35th percentile among comparable filings
• Officer compensation ratio: 5%; rating input score 53; 53rd percentile among comparable filings

Growth

• Program expense growth: 7.5% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 7.4% per year; rating input score 100; 57th percentile among comparable filings
• Asset growth: 10.5% per year; rating input score 100; 61st percentile among comparable filings