Civic Intelligence

Southside Business Technology

990 • Fiscal year 2016 • EIN 20-2917301

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

Organization ProfileWWW.THELAUNCHPLACE.ORG
527 Bridge Street No 200Danville, VA 24541

(434) 799-5491

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

82nd percentile

22%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

84th percentile

$154,500

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-32%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$2,297,002

Up $282,789 (+14%) from 2015

Net Assets

Up

$2,285,448

Up $292,985 (+15%) from 2015

Liabilities

Down

$11,554

Down $10,196 (-47%) from 2015

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin82nd percentile

Revenue

Down

$1,311,176

Down $613,281 (-32%) from 2015

Expenses

Down

$1,018,191

Down $92,054 (-8.3%) from 2015

Net Income

Down

$292,985

Down $521,227 (-64%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $153,546Liabilities 2011: $365Net Assets 2011: $153,1812011Assets 2012: $120,300Liabilities 2012: $4,208Net Assets 2012: $116,0922012Assets 2013: $490,790Liabilities 2013: $19,231Net Assets 2013: $471,5592013Assets 2014: $1,168,606Liabilities 2014: $23,342Net Assets 2014: $1,145,2642014Assets 2015: $2,014,213Liabilities 2015: $21,750Net Assets 2015: $1,992,4632015Assets 2016: $2,297,002Liabilities 2016: $11,554Net Assets 2016: $2,285,4482016Assets 2017: $3,183,711Liabilities 2017: $5Net Assets 2017: $3,183,7062017Assets 2018: $4,225,048Liabilities 2018: $1,400Net Assets 2018: $4,223,6482018Assets 2019: $4,739,240Liabilities 2019: $8,700Net Assets 2019: $4,730,5402019Assets 2020: $4,471,056Liabilities 2020: $76,955Net Assets 2020: $4,394,1012020Assets 2021: $5,617,882Liabilities 2021: $2,120Net Assets 2021: $5,615,7622021Assets 2022: $6,448,984Liabilities 2022: $134,429Net Assets 2022: $6,314,5552022Assets 2023: $7,928,122Liabilities 2023: $958Net Assets 2023: $7,927,1642023Assets 2024: $9,541,057Liabilities 2024: $221Net Assets 2024: $9,540,8362024

Highlighted filing

2016

Assets$2,297,002
Liabilities$11,554
Net Assets$2,285,448
Open 2016 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $399,630Expenses 2011: $451,943Net Income 2011: -$52,3132011Expenses 2012: $399,1762012Expenses 2013: $697,1452013Revenue 2014: $1,433,070Expenses 2014: $894,924Net Income 2014: $538,1462014Revenue 2015: $1,924,457Expenses 2015: $1,110,245Net Income 2015: $814,2122015Revenue 2016: $1,311,176Expenses 2016: $1,018,191Net Income 2016: $292,9852016Revenue 2017: $1,970,474Expenses 2017: $1,072,217Net Income 2017: $898,2572017Revenue 2018: $2,121,828Expenses 2018: $1,081,885Net Income 2018: $1,039,9432018Revenue 2019: $1,423,486Expenses 2019: $916,594Net Income 2019: $506,8922019Revenue 2020: $585,746Expenses 2020: $922,185Net Income 2020: -$336,4392020Revenue 2021: $2,222,109Expenses 2021: $930,858Net Income 2021: $1,291,2512021Revenue 2022: $1,752,354Expenses 2022: $1,053,561Net Income 2022: $698,7932022Revenue 2023: $2,569,170Expenses 2023: $964,361Net Income 2023: $1,604,8092023Revenue 2024: $2,547,629Expenses 2024: $933,957Net Income 2024: $1,613,6722024

Highlighted filing

2016

Revenue$1,311,176
Expenses$1,018,191
Net Income$292,985
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$1,311,176
Mission and Program Overview

Mission

The launch place energizes and diversifies our regional economy through entrepreneurship development and business consulting services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,489,167$1,994,637▲ $505,470
Cash and Non-Interest-Bearing Accounts$437,802$243,472▼ $194,330
Land, Buildings, and Equipment, Net$48,671$39,992▼ $8,679
Prepaid Expenses and Deferred Charges$13,400$13,400→ $0
Accounts Receivable$22,173$2,501▼ $19,672
Total Assets$2,014,213$2,297,002▲ $282,789
Other Assets Total$3,000$3,000→ $0
Liabilities
Deferred Revenue$15,000$7,000▼ $8,000
Accounts Payable and Accrued Expenses$6,750$4,554▼ $2,196
Total Liabilities$21,750$11,554▼ $10,196
Net Assets / Fund Balance
Unrestricted Net Assets$1,747,035$2,152,448▲ $405,413
Temporarily Rstr Net Assets$245,428$133,000▼ $112,428
Total Net Assets Fund Balance$1,992,463$2,285,448▲ $292,985
Total Liabilities and Net Assets / Fund Balance$2,014,213$2,297,002▲ $282,789

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$39,992$41,303$81,295
Closely Held Equity Interests$1,994,637--
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
James McgarryChairman
Eva DossPresident/CEO
Phyllis KaravatakisVice Chair
Connie NyholmDirector
Dr John ProvoDirector
Edward OwensDirector
Jeffrey Lee BondDirector
Nancy GalliDirector
Steve FarrarDirector
Troy KnaussDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,250,000
Program Service Revenue
$875
Investment Income
$44,381
Other Revenue
$15,920
All Other Contributions
$1,250,000
Change in Net Assets
$292,985

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,311,176
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,311,176
Total Revenue per Form 990
$1,311,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$562,148
Other Expenses$456,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$238,597$79,532-$318,129
Current Officers, Directors, Trustees, and Key Employees$115,875$38,625-$154,500
Occupancy$42,272$42,272-$84,544
Other Employee Benefits$31,559$10,520-$42,079
Payroll Taxes$26,216$8,739-$34,955
Advertising$25,565--$25,565
Travel$22,206--$22,206
Insurance$9,842$9,842-$19,684
Fees for Services Accounting$14,506$3,626-$18,132
Office Expenses$6,769$10,153-$16,922
All Other Expenses$9,185$6,628-$15,813
Other Expenses$13,502--$13,502
Pension Plan Contributions$9,364$3,121-$12,485
Depreciation Depletion$5,458$5,458-$10,916
Fees for Services Legal$3,070$768-$3,838
Total Functional Expenses$798,907$219,284$0$1,018,191

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,018,191
Total Expenses per Audited Statements$1,018,191
Total Expenses per Form 990$1,018,191
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeffrey BondServes on Board of DirectorsRent SubsidyNo$6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board members review and comment on the form 990 before a final version is filed.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts policy penalties for violation of the policy may include, but are not limited to, reprimand, suspension and/or termination of employment of other relationship between the representative and the organization.”

Form 990, Part VI, Section B, Line 15

“The president/ceo's compensation was compared with similar entities and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization's by-laws and code of ethics are available on the website and financial statements are available upon request”

Filing and Contact Details

Filer

Filer Name
Southside Business Technology
EIN
20-2917301
Phone
4347995491
Address
527 BRIDGE STREET NO 200, DANVILLE, VA 24541

Signing Officer

Name
Eva Doss
Title
President/CEO
Phone
4347939200
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eva Doss
Formed
2005
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
0

Preparer

Firm
HARRIS HARVEY NEAL & COLLPCPA'S
Address
PO BOX 3424, DANVILLE, VA 24543-3424
Preparer
Stephen M Gay
Phone
4347923220
Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06750
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04554
IRS990/AccountsReceivableGrp/BOYAmt022173
IRS990/AccountsReceivableGrp/EOYAmt02501
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE LAUNCH PLACE ENERGIZES AND DIVERSIFIES OUR REGIONAL ECONOMY THROUGH ENTREPRENEURSHIP DEVELOPMENT AND BUSINESS CONSULTING SERVICES.
IRS990/AdvertisingGrp/ProgramServicesAmt025565
IRS990/AdvertisingGrp/TotalAmt025565
IRS990/AllOtherContributionsAmt01250000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06628
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09185
IRS990/AllOtherExpensesGrp/TotalAmt015813
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04347995491
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0527 BRIDGE STREET SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0DANVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024541
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0437802
IRS990/CashNonInterestBearingGrp/EOYAmt0243472
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt038625
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0115875
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0154500
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01250000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt044381
IRS990/CYOtherExpensesAmt0456043
IRS990/CYOtherRevenueAmt015920
IRS990/CYProgramServiceRevenueAmt0875
IRS990/CYRevenuesLessExpensesAmt0292985
IRS990/CYSalariesCompEmpBnftPaidAmt0562148
IRS990/CYTotalExpensesAmt01018191
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01311176
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt015000
IRS990/DeferredRevenueGrp/EOYAmt07000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05458
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05458
IRS990/DepreciationDepletionGrp/TotalAmt010916
IRS990/Desc0TO DEVELOP ACTUAL CONSULTING PROJECTS IN A TIMELY MANNER, DELIVER THE PROJECT TO THE CLIENT, AND OVERSEE AND ASSIST IMPLEMENTATION OF THE RECOMMENDATIONS UTILIZING THE BUSINESS ANALYSIS KNOWLEDGE OF THE ORGANIZATION'S PRESIDENT/CEO, BUSINESS ANALYSTS, AND REGIONAL STUDENT INTERNS. SERVICES INCLUDE MARKET RESEARCH AND ANALYSIS, DETAILED BUSINESS PLAN WRITING, ORGANIZATIONAL AND OPERATIONAL ANALYSIS, NATIONAL PRODUCT TESTING, COMPETITOR ANALYSIS AND FINANCIAL PORTFOLIO ANALYSIS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0798907
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03626
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014506
IRS990/FeesForServicesAccountingGrp/TotalAmt018132
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0768
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03070
IRS990/FeesForServicesLegalGrp/TotalAmt03838
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt945.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0PHYLLIS KARAVATAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm1NANCY GALLI
IRS990/Form990PartVIISectionAGrp/PersonNm2CONNIE NYHOLM
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES MCGARRY
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JOHN PROVO
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFREY LEE BOND
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE FARRAR
IRS990/Form990PartVIISectionAGrp/PersonNm8TROY KNAUSS
IRS990/Form990PartVIISectionAGrp/PersonNm9EVA DOSS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9154500
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01311176
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09842
IRS990/InsuranceGrp/ProgramServicesAmt09842
IRS990/InsuranceGrp/TotalAmt019684
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt044381
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044381
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01489167
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01994637
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt041303
IRS990/LandBldgEquipBasisNetGrp/BOYAmt048671
IRS990/LandBldgEquipBasisNetGrp/EOYAmt039992
IRS990/LandBldgEquipCostOrOtherBssAmt081295
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LAUNCH PLACE ENERGIZES AND DIVERSIFIES OUR REGIONAL ECONOMY THROUGH ENTREPRENEURSHIP DEVELOPMENT AND BUSINESS CONSULTING SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01992463
IRS990/NetAssetsOrFundBalancesEOYAmt02285448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt042272
IRS990/OccupancyGrp/ProgramServicesAmt042272
IRS990/OccupancyGrp/TotalAmt084544
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010153
IRS990/OfficeExpensesGrp/ProgramServicesAmt06769
IRS990/OfficeExpensesGrp/TotalAmt016922
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherAssetsTotalGrp/EOYAmt03000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010520
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031559
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042079
IRS990/OtherExpensesGrp/Desc0CONSULTING SERVICES
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2IDEAFEST
IRS990/OtherExpensesGrp/Desc3BIG LAUNCH
IRS990/OtherExpensesGrp/ProgramServicesAmt0175625
IRS990/OtherExpensesGrp/ProgramServicesAmt127559
IRS990/OtherExpensesGrp/ProgramServicesAmt221737
IRS990/OtherExpensesGrp/ProgramServicesAmt313502
IRS990/OtherExpensesGrp/TotalAmt0175625
IRS990/OtherExpensesGrp/TotalAmt127559
IRS990/OtherExpensesGrp/TotalAmt221737
IRS990/OtherExpensesGrp/TotalAmt313502
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/Desc0IDEAFEST
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015250
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1670
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1670
IRS990/OtherRevenueTotalAmt015920
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079532
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0238597
IRS990/OtherSalariesAndWagesGrp/TotalAmt0318129
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08739
IRS990/PayrollTaxesGrp/ProgramServicesAmt026216
IRS990/PayrollTaxesGrp/TotalAmt034955
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03121
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09364
IRS990/PensionPlanContributionsGrp/TotalAmt012485
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013400
IRS990/PrincipalOfficerNm0EVA DOSS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0CLIENT FEES-DANVILLE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0875
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01787350
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032110
IRS990/PYOtherExpensesAmt0575707
IRS990/PYOtherRevenueAmt020500
IRS990/PYProgramServiceRevenueAmt084497
IRS990/PYRevenuesLessExpensesAmt0814212
IRS990/PYSalariesCompEmpBnftPaidAmt0534538
IRS990/PYTotalExpensesAmt01110245
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01924457
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0292985
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt061176
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01250000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01787350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01350931
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0972789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0315363
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05676433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0875
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt084497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt046413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt075190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt056724
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0263699
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05940132
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01250875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01871847
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01397344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01047979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372087
IRS990ScheduleA/Total509Grp/TotalAmt05940132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01250875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01871847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01397344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01047979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0372087
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05940132
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt01994637
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0F
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01018191
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039992
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041303
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081295
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01311176
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039992
IRS990ScheduleD/TotalBookValueSecuritiesAmt01994637
IRS990ScheduleD/TotalExpensesPerForm990Amt01018191
IRS990ScheduleD/TotalRevenuePerForm990Amt01311176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01311176
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01018191
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0154500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EVA DOSS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0154500
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JEFFREY BOND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SERVES ON BOARD OF DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT SUBSIDY
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS REVIEW AND COMMENT ON THE FORM 990 BEFORE A FINAL VERSION IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY PENALTIES FOR VIOLATION OF THE POLICY MAY INCLUDE, BUT ARE NOT LIMITED TO, REPRIMAND, SUSPENSION AND/OR TERMINATION OF EMPLOYMENT OF OTHER RELATIONSHIP BETWEEN THE REPRESENTATIVE AND THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT/CEO'S COMPENSATION WAS COMPARED WITH SIMILAR ENTITIES AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S BY-LAWS AND CODE OF ETHICS ARE AVAILABLE ON THE WEBSITE AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0THE LAUNCH PLACE SEED FUND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1PRE-SEED INVESTMENTS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0202917301
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PROVIDE CONCEPT AND SEED-STAGE FUNDING TO EMERGING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1PROVIDE CONCEPT AND PRE SEED-STAGE FUNDING TO EMERGING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0527 BRIDGE STREET SUITE B-1
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1527 BRIDGE STREET SUITE B-1
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DANVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1DANVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1VA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,297,002
Liabilities
$11,554
Net assets
$2,285,448
Revenue
$1,311,176
Expenses
$1,018,191
Net income
$292,985
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.54$0.00$9.54$2.55$0.93$1.61
2023Detailed filing. Detailed filing data is available for this year.$7.93$0.00$7.93$2.57$0.96$1.60
2022Detailed filing. Detailed filing data is available for this year.$6.45$0.13$6.31$1.75$1.05$0.70
2021Detailed filing. Detailed filing data is available for this year.$5.62$0.00$5.62$2.22$0.93$1.29
2020Detailed filing. Detailed filing data is available for this year.$4.47$0.08$4.39$0.59$0.92$0.34
2019Detailed filing. Detailed filing data is available for this year.$4.74$0.01$4.73$1.42$0.92$0.51
2018Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.22$2.12$1.08$1.04
2017Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$1.97$1.07$0.90
2016Detailed filing. Detailed filing data is available for this year.$2.30$0.01$2.29$1.31$1.02$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.02$1.99$1.92$1.11$0.81
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.02$1.15$1.43$0.89$0.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.40
2011Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.40$0.45$0.05