Civic Intelligence

Southside Business Technology

990 • Fiscal year 2019 • EIN 20-2917301

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

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

20th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.01x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$173,891

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$4,739,240

Up $514,192 (+12%) from 2018

Net Assets

Up

$4,730,540

Up $506,892 (+12%) from 2018

Liabilities

Up

$8,700

Up $7,300 (+521%) from 2018

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin87th percentile

Revenue

Down

$1,423,486

Down $698,342 (-33%) from 2018

Expenses

Down

$916,594

Down $165,291 (-15%) from 2018

Net Income

Down

$506,892

Down $533,051 (-51%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2019

Assets$4,739,240
Liabilities$8,700
Net Assets$4,730,540
Open 2019 Filing

Operations Trend

Revenue Growth9th 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

2019

Revenue$1,423,486
Expenses$916,594
Net Income$506,892
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$1,423,486
Mission and Program Overview

Mission

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

The company's mission is to retain, recruit and develop emerging and serial entrepreneurs in the region. The launch place provides pre-seed and seed stage equity investments, business consulting, mentoring/training/coaching services, and office space to its portfolio companies. The launch place helps businesses with their business planning, funding, launching and growing needs. The launch place pre-seed and seed fund invest in innovative start-up opportunities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,353,327$3,653,745▲ $300,418
Cash and Non-Interest-Bearing Accounts$491,333$744,372▲ $253,039
Other Notes and Loans Receivable, Net$205,629$202,205▼ $3,424
Accounts Receivable$137,606$103,058▼ $34,548
Land, Buildings, and Equipment, Net$34,153$26,860▼ $7,293
Prepaid Expenses and Deferred Charges-$6,000-
Total Assets$4,225,048$4,739,240▲ $514,192
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,400$8,700▲ $7,300
Total Liabilities$1,400$8,700▲ $7,300
Net Assets / Fund Balance
Unrestricted Net Assets$4,223,648$4,730,540▲ $506,892
Total Net Assets Fund Balance$4,223,648$4,730,540▲ $506,892
Total Liabilities and Net Assets / Fund Balance$4,225,048$4,739,240▲ $514,192

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,860$63,283$90,143
Closely Held Equity Interests$3,653,745--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eva DossPresident/CEOFT$168,826$5,065$173,891
Varun SadanaVice PresidentFT$122,004$3,660$125,664
Kelly FitzgeraldEngagement ManagerFT$103,809$3,114$106,923

Board Members and Trustees

NameTitle
Troy KnaussChair
Martin KaszubowskiVice-chair
Greg FeldmanDirector
Jeffrey BondDirector
Jonathan HorinDirector
Kim AdkinsDirector
Nancy GalliDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,295,476
Program Service Revenue
$0
Investment Income
$119,605
Other Revenue
$8,405
All Other Contributions
$1,287,000
Change in Net Assets
$506,892

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,423,486
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,423,486
Total Revenue per Form 990
$1,423,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$582,121
Other Expenses$334,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$246,424$82,141-$328,565
Current Officers, Directors, Trustees, and Key Employees$126,620$42,207-$168,827
Occupancy$41,500$41,500-$83,000
Fees for Services Accounting$33,375$8,344-$41,719
Payroll Taxes$26,805$8,935-$35,740
Other Employee Benefits$25,737$8,579-$34,316
Office Expenses$6,769$21,915-$28,684
Advertising$24,146--$24,146
Insurance$11,694$11,694-$23,388
Travel$21,669--$21,669
All Other Expenses$13,637$2,602-$16,239
Pension Plan Contributions$11,005$3,668-$14,673
Other Expenses$13,170$9,832-$13,170
Depreciation Depletion$3,647$3,647-$7,294
Total Functional Expenses$671,530$245,064$0$916,594

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$916,594
Total Expenses per Audited Statements$916,594
Total Expenses per Form 990$916,594
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
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 11B

“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, code of ethics 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
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eva Doss
Formed
2005
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
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 503 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.

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IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3IDEAFEST
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09832
IRS990/OtherExpensesGrp/ProgramServicesAmt030450
IRS990/OtherExpensesGrp/ProgramServicesAmt125050
IRS990/OtherExpensesGrp/ProgramServicesAmt29832
IRS990/OtherExpensesGrp/ProgramServicesAmt313170
IRS990/OtherExpensesGrp/TotalAmt030450
IRS990/OtherExpensesGrp/TotalAmt125050
IRS990/OtherExpensesGrp/TotalAmt219664
IRS990/OtherExpensesGrp/TotalAmt313170
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/Desc0BIG LAUNCH CHALLENGE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13405
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13405
IRS990/OtherRevenueTotalAmt08405
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt082141
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0246424
IRS990/OtherSalariesAndWagesGrp/TotalAmt0328565
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0205629
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0202205
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08935
IRS990/PayrollTaxesGrp/ProgramServicesAmt026805
IRS990/PayrollTaxesGrp/TotalAmt035740
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03668
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011005
IRS990/PensionPlanContributionsGrp/TotalAmt014673
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06000
IRS990/PrincipalOfficerNm0EVA DOSS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01901000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0219249
IRS990/PYOtherExpensesAmt0507792
IRS990/PYOtherRevenueAmt01579
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01039943
IRS990/PYSalariesCompEmpBnftPaidAmt0574093
IRS990/PYTotalExpensesAmt01081885
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02121828
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0506892
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0128010
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01295475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01901000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01885000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01250000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01787350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08118825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0875
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt084497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt088372
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt08207197
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01295475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01901000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01888000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01250875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01871847
IRS990ScheduleA/Total509Grp/TotalAmt08207197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01295475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01901000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01888000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01250875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01871847
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08207197
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/BookValueAmt03653745
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0F
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0916594
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026860
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063283
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt090143
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01423486
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026860
IRS990ScheduleD/TotalBookValueSecuritiesAmt03653745
IRS990ScheduleD/TotalExpensesPerForm990Amt0916594
IRS990ScheduleD/TotalRevenuePerForm990Amt01423486
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01423486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0916594
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168826
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05065
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/TotalCompensationFilingOrgAmt0173891
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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, CODE OF ETHICS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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/DisregardedEntityName/BusinessNameLine1Txt2THE LAUNCH PLACE SEED FUND II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3THE LAUNCH PLACE PRE-SEED FUND II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0202917301
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3VA
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/PrimaryActivitiesTxt2PROVIDE CONCEPT AND SEED-STAGE FUNDING TO EMERGING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3PROVIDE CONCEPT AND PRE SEED-STAGE FUNDING TO EMERGING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0527 BRIDGE STREET SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1527 BRIDGE STREET SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt2527 BRIDGE STREET SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt3527 BRIDGE STREET SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DANVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1DANVILLE

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,739,240
Liabilities
$8,700
Net assets
$4,730,540
Revenue
$1,423,486
Expenses
$916,594
Net income
$506,892
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