Civic Intelligence

Southside Business Technology

990 • Fiscal year 2022 • EIN 20-2917301

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.THELAUNCHPLACE.ORG
527 Bridge Street 200Danville, VA 24541

(434) 799-5491

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

75th percentile

$195,751

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-21%

Faster revenue growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$6,448,984

Up $831,102 (+15%) from 2021

Net Assets

Up

$6,314,555

Up $698,793 (+12%) from 2021

Liabilities

Up

$134,429

Up $132,309 (+6241%) from 2021

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin85th percentile

Revenue

Down

$1,752,354

Down $469,755 (-21%) from 2021

Expenses

Up

$1,053,561

Up $122,703 (+13%) from 2021

Net Income

Down

$698,793

Down $592,458 (-46%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2022

Assets$6,448,984
Liabilities$134,429
Net Assets$6,314,555
Open 2022 Filing

Operations Trend

Revenue Growth18th 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

2022

Revenue$1,752,354
Expenses$1,053,561
Net Income$698,793
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$1,752,354
Mission and Program Overview

Mission

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

The launch place (tlp), a venture development organization located in danville, va and in the research triangle park, nc. The launch place invests in innovative start-ups in virginia and north carolina with a potential to create economic impact in the dan river region from its pre-seed and seed investment funds. In addition to the investments, tlp provides business consulting, training, mentoring and office space to entrepreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,456,606$4,861,194▲ $404,588
Cash and Non-Interest-Bearing Accounts$897,505$1,377,351▲ $479,846
Other Notes and Loans Receivable, Net$162,790$166,928▲ $4,138
Accounts Receivable$82,946$28,750▼ $54,196
Land, Buildings, and Equipment, Net$15,035$11,761▼ $3,274
Total Assets$5,617,882$6,448,984▲ $831,102
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,120$134,429▲ $132,309
Total Liabilities$2,120$134,429▲ $132,309
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,615,762$6,314,555▲ $698,793
Total Net Assets Fund Balance$5,615,762$6,314,555▲ $698,793
Total Liabilities and Net Assets / Fund Balance$5,617,882$6,448,984▲ $831,102

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,761$78,381$90,142
Other Securities$4,861,194--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eva DossPresident/CEOFT$179,108$16,643$195,751
Varun SadanaVice PresidentFT$144,200$13,032$157,232

Board Members and Trustees

NameTitle
Greg FeldmanBoard Chair
Jan DavisBoard Vice Chair
Dawn DehartDirector
Gary EvansDirector
Jonathan HorinDirector
Marty KaszubowskiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,605,167
Program Service Revenue
$34,250
Investment Income
$103,077
Other Revenue
$9,860
All Other Contributions
$1,605,167
Change in Net Assets
$698,793

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,752,354
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,752,354
Total Revenue per Form 990
$1,752,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$558,290
Other Expenses$495,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$223,272$74,424-$297,696
Current Officers, Directors, Trustees, and Key Employees$134,331$44,777-$179,108
Occupancy$30,781$30,781-$61,562
Advertising$61,292--$61,292
Other Employee Benefits$30,724$10,243-$40,967
All Other Expenses$28,995$9,573-$38,568
Fees for Services Accounting$30,568$7,641-$38,209
Office Expenses$17,031$17,031-$34,062
Payroll Taxes$22,055$7,353-$29,408
Insurance$11,357$11,357-$22,714
Other Expenses$19,268--$19,268
Fees for Services Legal$13,186$3,297-$16,483
Travel$6,216$6,216-$12,432
Pension Plan Contributions$8,333$2,778-$11,111
Depreciation Depletion$1,637$1,637-$3,274
Total Functional Expenses$826,453$227,108$0$1,053,561

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,053,561
Total Expenses per Audited Statements$1,053,561
Total Expenses per Form 990$1,053,561
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
Business relationship with 35% controlled entity
No
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 200, DANVILLE, VA 24541

Signing Officer

Name
Eva Doss
Title
President/CEO
Phone
4347939200
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eva Doss
Formed
2005
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
4
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/OtherRevenueTotalAmt09860
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074424
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0223272
IRS990/OtherSalariesAndWagesGrp/TotalAmt0297696
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0162790
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0166928
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07353
IRS990/PayrollTaxesGrp/ProgramServicesAmt022055
IRS990/PayrollTaxesGrp/TotalAmt029408
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02778
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08333
IRS990/PensionPlanContributionsGrp/TotalAmt011111
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0EVA DOSS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0IDEA AND BIG LAUNCH
IRS990/ProgramServiceRevenueGrp/Desc1CLIENT FEES - CONSULTI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02103137
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0109088
IRS990/PYOtherExpensesAmt0343572
IRS990/PYOtherRevenueAmt09384
IRS990/PYProgramServiceRevenueAmt0500
IRS990/PYRevenuesLessExpensesAmt01291251
IRS990/PYSalariesCompEmpBnftPaidAmt0587286
IRS990/PYTotalExpensesAmt0930858
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02222109
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0698793
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0147187
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01605167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02103137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01743082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012985475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01901000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020337861
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt020337861
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01605167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02103137
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01743082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt012985475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01901000
IRS990ScheduleA/Total509Grp/TotalAmt020337861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01605167
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02103137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01743082
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt012985475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01901000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020337861
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/EquipmentGrp/BookValueAmt011761
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078381
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090142
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01053561
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04861194
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LAUNCH PLACE FUND PORTFOLIO INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01752354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011761
IRS990ScheduleD/TotalBookValueSecuritiesAmt04861194
IRS990ScheduleD/TotalExpensesPerForm990Amt01053561
IRS990ScheduleD/TotalRevenuePerForm990Amt01752354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01752354
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01053561
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1144200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05373
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt14326
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt18706
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EVA DOSS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VARUN SADANA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0195751
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1157232
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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/DirectControllingEntityName/BusinessNameLine1Txt2SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3SOUTHSIDE 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 PRE-SEED FUND II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3THE LAUNCH PLACE 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 PRE SEED-STAGE FUNDING TO EMERGING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3PROVIDE CONCEPT AND 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

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,448,984
Liabilities
$134,429
Net assets
$6,314,555
Revenue
$1,752,354
Expenses
$1,053,561
Net income
$698,793
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