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Tennessee Valley Regional Partnership DBA Launch

EIN 93-4960154 · Huntsville, AL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CORPORATION IS FORMED FOR FOSTERING ECONOMIC DEVELOPMENT AND QUALITY OF LIFE IN THE TENNESSEE VALLEY IN THE STATE OF ALABAMA.

Income
$260,978
Spending
$268,067
Spent on programs
88%
Reserves
0.5 months of spending
Largest source of income
government grants, 76%
Employees
0
Volunteers
35
Highest pay
$30,000, executive di

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 24% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 64 out of 100. Higher than 32% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $105,000 spent. LAUNCH TANK: HOSTING THE ANNUAL SINGING RIVER TRAIL LAUNCH TANK COMPETITION. THROUGH THIS EVENT, NORTH ALABAMA ENTREPRENEURS HAVE THE OPPORTUNITY TO PITCH THEIR BUSINESS IDEAS LIVE TO HUNDREDS OF BUSINESS LEADERS, PUBLIC OFFICIALS, AND PEOPLE IN THE COMMUNITY. FINALISTS RECEIVE NON-DILUTIVE FUNDING AND DIRECT INTRODUCTIONS TO PROGRAMS AND RESOURCES TAILORED TO SUPPORT THEIR BUSINESS NEEDS.
  2. LAND USE & INFRASTRUCTURE: SUPPORTING ENHANCED REGIONAL LAND USE AND INFRASTRUCTURE PLANNING TO INCREASE QUALITY OF LIFE, PROVIDE CONNECTIVITY, AND BOOST ECONOMIC GROWTH THROUGHOUT THE TENNESSEE VALLEY.
  3. $97,600 spent. WORKFORCE DEVELOPMENT: COLLABORATION, COOPERATION, AND ENGAGEMENT GUIDE WORKFORCE DEVELOPMENT EFFORTS IN NORTH ALABAMA, INCLUDING WORKFORCE AND ECONOMIC DEVELOPMENT EXPERTS, BUSINESS LEADERS, ALL LEVELS OF EDUCATION REPRESENTATIVES, COMMUNITY LEADERS, LOCAL AND STATE OFFICIALS, AND MANY MORE. WORKFORCE DEVELOPMENT EFFORTS ARE FOCUSED ON THREE KEY AREAS: - DEVELOP AND SUPPORT A ROBUST TALENT PIPELINE IN OUR REGION THROUGH PARTNERSHIP AND COLLABORATION WITH EDUCATION AND TRAINING PROVIDERS. - HELP ALIGN RESOURCES THAT ADDRESS EMPLOYMENT OPPORTUNITIES AND CHALLENGES IN THE REGION. - SUPPORT RECRUITMENT AND RETENTION EFFORTS OF LOCAL BUSINESSES AND INDUSTRY PARTNERS TO ENSURE OUR REGION IS A DESIRABLE PLACE TO LIVE, WORK, AND STAY. WORKFORCE DEVELOPMENT: COLLABORATION, COOPERATION, AND ENGAGEMENT GUIDE WORKFORCE DEVELOPMENT EFFORTS IN NORTH ALABAMA, INCLUDING WORKFORCE AND ECONOMIC DEVELOPMENT EXPERTS, BUSINESS LEADERS, ALL LEVELS OF EDUCATION REPRESENTATIVES, COMMUNITY LEADERS, LOCAL AND STATE OFFICIALS, AND MANY MORE. WORKFORCE DEVELOPMENT EFFORTS ARE FOCUSED ON THREE KEY AREAS: - DEVELOP AND SUPPORT A ROBUST TALENT PIPELINE IN OUR REGION THROUGH PARTNERSHIP AND COLLABORATION WITH EDUCATION AND TRAINING PROVIDERS. - HELP ALIGN RESOURCES THAT ADDRESS EMPLOYMENT OPPORTUNITIES AND CHALLENGES IN THE REGION. - SUPPORT RECRUITMENT AND RETENTION EFFORTS OF LOCAL BUSINESSES AND INDUSTRY PARTNERS TO ENSURE OUR REGION IS A DESIRABLE PLACE TO LIVE, WORK, AND STAY.
  4. $34,093 spent. THE LAUNCH ENTREPRENEURSHIP PILLAR IS FOCUSED ON FOSTERING A CULTURE OF ENTREPRENEURSHIP IN NORTH ALABAMA BY BRINGING TOGETHER ENTREPRENEURS, INVESTORS, AND KEY ECOSYSTEM LEADERS TO SUPPORT THE LAUNCH AND GROWTH OF NEW COMPANIES IN OUR REGION. OUR WORK ALSO INCLUDES ADVOCATING FOR ENTREPRENEURSHIP WITH PUBLIC OFFICIALS, AND EXECUTING IMPACTFUL INITIATIVES THAT CAPTURE AND ENGAGE THE PUBLIC TO ILLUSTRATE THE POWER AND POTENTIAL OF ENTREPRENEURSHIP.
  5. THE LAUNCH ENTREPRENEURSHIP PILLAR IS FOCUSED ON FOSTERING A CULTURE OF ENTREPRENEURSHIP IN NORTH ALABAMA BY BRINGING TOGETHER ENTREPRENEURS, INVESTORS, AND KEY ECOSYSTEM LEADERS TO SUPPORT THE LAUNCH AND GROWTH OF NEW COMPANIES IN OUR REGION. OUR WORK ALSO INCLUDES ADVOCATING FOR ENTREPRENEURSHIP WITH PUBLIC OFFICIALS, AND EXECUTING IMPACTFUL INITIATIVES THAT CAPTURE AND ENGAGE THE PUBLIC TO ILLUSTRATE THE POWER AND POTENTIAL OF ENTREPRENEURSHIP.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.