Civic Intelligence

Launchyourcity Inc.

990 • Fiscal year 2017 • EIN 26-3190220

Feb 01, 2016 to Jan 31, 2017 • Filed on Dec 13, 2017

Organization ProfileWWW.NEVERSTOP.CO
88 Union Avenue 2nd FloorMemphis, TN 38103

(901) 213-7795

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.33x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.07x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

98th percentile

178%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

93rd percentile

105%

Faster revenue growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$359,810

Up $230,361 (+178%) from 2016

Net Assets

Up

$240,860

Up $206,555 (+602%) from 2016

Liabilities

Up

$118,950

Up $23,806 (+25%) from 2016

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin69th percentile

Revenue

Up

$1,749,988

Up $898,214 (+105%) from 2016

Expenses

Up

$1,543,622

Up $638,095 (+70%) from 2016

Net Income

Up

$206,366

Up $260,119 (+484%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2013: $177,772Liabilities 2013: $115,394Net Assets 2013: $62,3782013Assets 2014: $73,674Liabilities 2014: $31,005Net Assets 2014: $42,6692014Assets 2015: $219,915Liabilities 2015: $131,857Net Assets 2015: $88,0582015Assets 2016: $129,449Liabilities 2016: $95,144Net Assets 2016: $34,3052016Assets 2017: $359,810Liabilities 2017: $118,950Net Assets 2017: $240,8602017Assets 2019: $120,185Liabilities 2019: $701,879Net Assets 2019: -$581,6942019Assets 2020: $186,141Liabilities 2020: $310,166Net Assets 2020: -$124,0252020Assets 2021: $54,537Liabilities 2021: $414,452Net Assets 2021: -$359,9152021Assets 2022: $200,684Liabilities 2022: $395,315Net Assets 2022: -$194,6312022Assets 2024: $110,204Liabilities 2024: $393,840Net Assets 2024: -$283,6362024

Highlighted filing

2017

Assets$359,810
Liabilities$118,950
Net Assets$240,860
Open 2017 Filing

Operations Trend

Revenue Growth93rd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $187,3292013Revenue 2014: $476,473Expenses 2014: $496,182Net Income 2014: -$19,7092014Revenue 2015: $924,594Expenses 2015: $879,205Net Income 2015: $45,3892015Revenue 2016: $851,774Expenses 2016: $905,527Net Income 2016: -$53,7532016Revenue 2017: $1,749,988Expenses 2017: $1,543,622Net Income 2017: $206,3662017Revenue 2019: $1,346,074Expenses 2019: $1,618,705Net Income 2019: -$272,6312019Revenue 2020: $1,512,302Expenses 2020: $1,054,633Net Income 2020: $457,6692020Revenue 2021: $661,263Expenses 2021: $897,153Net Income 2021: -$235,8902021Revenue 2022: $1,018,814Expenses 2022: $822,467Net Income 2022: $196,3472022Revenue 2024: $881,149Expenses 2024: $746,121Net Income 2024: $135,0282024

Highlighted filing

2017

Revenue$1,749,988
Expenses$1,543,622
Net Income$206,366
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2016 to Jan 31, 2017
Signed
Dec 13, 2017
Return Version
2016v3.0
Gross Receipts
$1,794,988
Mission and Program Overview

Mission

Launchyourcity supports the earliest stages of entrepreneurship in memphis with dynamic programs that are designed to help potential entrepreneurs to take the first actionable steps of starting a new business. Additionally, launchyourcity supplies a co-working environment to lower the economic barrier of entry to incubation along with ad hoc mentoring. For startups and businesses, launchyourcity provides memphis' only dynamic innovation economy programming to keep up-to-speed on the latest trends.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$-1,056$207,766▲ $208,822
Accounts Receivable$49,005$103,710▲ $54,705
Land, Buildings, and Equipment, Net$9,492$18,046▲ $8,554
Total Assets$129,449$359,810▲ $230,361
Other Assets Total$72,008$30,288▼ $41,720
Liabilities
Other Liabilities$76,858$88,690▲ $11,832
Accounts Payable and Accrued Expenses$18,286$30,260▲ $11,974
Total Liabilities$95,144$118,950▲ $23,806
Net Assets / Fund Balance
Unrestricted Net Assets$34,305$240,860▲ $206,555
Total Net Assets Fund Balance$34,305$240,860▲ $206,555
Total Liabilities and Net Assets / Fund Balance$129,449$359,810▲ $230,361

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,046$40,838$58,884
Other Assets Org$250--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Andre FowklesCo-president, Observer Board MemberFT$93,712$93,712
Eric MathewsCEO, President, FounderFT$93,712$93,712

Board Members and Trustees

NameTitle
Charles BeechBoard Member
Chris WilliamsBoard Member
Douglas ScarboroBoard Member
Gwin ScottBoard Member
Phil BlumBoard Member
Sridhar SunkaraBoard Member
Thomas HusseyBoard Member
Tom BakerBoard Member
Darrell CobbinsBoard Member, Secretary
Brad SilverBoard Member, Treasurer
Chip MarstonCPA, Observer Board Member
Jimmy DickeyCPA, Observer Board Member
Emily BrackstoneLegal Counsel, Observer Board Member
John OglePart-time CFO, Observer Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,639,625
Program Service Revenue
$154,919
Investment Income
$-44,556
Other Revenue
$0
All Other Contributions
$1,639,625
Change in Net Assets
$206,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$638,934
Grants and Similar Amounts Paid$584,932
Salaries, Compensation, and Employee Benefits$319,756
Total Fundraising Expense$142,864
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$584,932--$584,932
Current Officers, Directors, Trustees, and Key Employees$62,475$62,475$62,475$187,425
Occupancy$177,277--$177,277
Other Salaries and Wages$106,780--$106,780
Advertising$43,421-$43,421$86,842
Travel$36,968-$36,968$73,936
Payroll Taxes$23,051--$23,051
Office Expenses$22,009--$22,009
Fees for Services Other$20,760--$20,760
Depreciation Depletion$19,106--$19,106
Information Technology-$12,441-$12,441
Fees for Services Accounting-$9,931-$9,931
All Other Expenses$4,175$1,458-$5,633
Other Expenses$53,884$3,617-$3,617
Other Employee Benefits$2,500--$2,500
Fees for Services Legal-$979-$979
Total Functional Expenses$1,305,657$95,101$142,864$1,543,622
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CodecrewMemphis, TN-Ecosystem Support and Development$330,432
Community Success InstituteNew York, NY-Ecosystem Support and Development$250,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$58,308
American Express$19,128
Due to Wolf River Angels Fund Ii, Lp$9,456
Due to Wolf River Angels Fund I, Lp$1,612
Due to Matt$186
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 accountant preparing form 990 presents a copy to the board of directors and executives for approval before filing.”

Form 990, Part VI, Section C, Line 19

“The financial statements and form 990 for launchyourcity dba launchmemphis are available upon request from the organization's executives or a member of the board.”

Filing and Contact Details

Filer

Filer Name
Launchyourcity
EIN
26-3190220
Phone
9012137795
Address
88 UNION AVENUE 2ND FLOOR, MEMPHIS, TN 38103
Doing Business As
Start Co

Signing Officer

Name
Eric Mathews
Title
President
Phone
9012137795
Signed
2017-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Mathews
Formed
2008
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
0

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Jill Wozniuk CPA
Phone
9017613003
Raw XML AppendixShowing 400 of 493 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/BOYAmt018286
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030260
IRS990/AccountsReceivableGrp/BOYAmt049005
IRS990/AccountsReceivableGrp/EOYAmt0103710
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL ENTREPRENEURS TO TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS. ADDITIONALLY, LAUNCHYOURCITY SUPPLIES A CO-WORKING ENVIRONMENT TO LOWER THE ECONOMIC BARRIER OF ENTRY TO INCUBATION ALONG WITH AD HOC MENTORING. FOR STARTUPS AND BUSINESSES, LAUNCHYOURCITY PROVIDES MEMPHIS' ONLY DYNAMIC INNOVATION ECONOMY PROGRAMMING TO KEEP UP-TO-SPEED ON THE LATEST TRENDS.
IRS990/AdvertisingGrp/FundraisingAmt043421
IRS990/AdvertisingGrp/ProgramServicesAmt043421
IRS990/AdvertisingGrp/TotalAmt086842
IRS990/AllOtherContributionsAmt01639625
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01458
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04175
IRS990/AllOtherExpensesGrp/TotalAmt05633
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIC MATHEWS
IRS990/BooksInCareOfDetail/PhoneNum09012137795
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt088 UNION AVENUE 2ND FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-1056
IRS990/CashNonInterestBearingGrp/EOYAmt0207766
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt062475
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt062475
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt062475
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0187425
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01639625
IRS990/CYGrantsAndSimilarPaidAmt0584932
IRS990/CYInvestmentIncomeAmt0-44556
IRS990/CYOtherExpensesAmt0638934
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0154919
IRS990/CYRevenuesLessExpensesAmt0206366
IRS990/CYSalariesCompEmpBnftPaidAmt0319756
IRS990/CYTotalExpensesAmt01543622
IRS990/CYTotalFundraisingExpenseAmt0142864
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01749988
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt019106
IRS990/DepreciationDepletionGrp/TotalAmt019106
IRS990/Desc0SEED HATCHERY IS A MENTORSHIP-DRIVEN SEED ACCELERATOR. WE SUPPORT EMERGING TECHNOLOGY ENTREPRENEURS WITH CAPITAL, STRATEGIC MENTORS, AND A HOST OF OTHER SUPPORT TO MOLD THEM AND THEIR IDEAS INTO STRONG STARTUPS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0START CO
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09931
IRS990/FeesForServicesAccountingGrp/TotalAmt09931
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0979
IRS990/FeesForServicesLegalGrp/TotalAmt0979
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020760
IRS990/FeesForServicesOtherGrp/TotalAmt020760
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC MATHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDRE FOWKLES
IRS990/Form990PartVIISectionAGrp/PersonNm2DARRELL COBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm3BRAD SILVER
IRS990/Form990PartVIISectionAGrp/PersonNm4SRIDHAR SUNKARA
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUGLAS SCARBORO
IRS990/Form990PartVIISectionAGrp/PersonNm6GWIN SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS HUSSEY
IRS990/Form990PartVIISectionAGrp/PersonNm10CHARLES BEECH
IRS990/Form990PartVIISectionAGrp/PersonNm11PHIL BLUM
IRS990/Form990PartVIISectionAGrp/PersonNm12EMILY BRACKSTONE
IRS990/Form990PartVIISectionAGrp/PersonNm13JIMMY DICKEY
IRS990/Form990PartVIISectionAGrp/PersonNm14CHIP MARSTON
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN OGLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt093712
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt193712
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO, PRESIDENT, FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-PRESIDENT, OBSERVER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12LEGAL COUNSEL, OBSERVER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CPA, OBSERVER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CPA, OBSERVER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PART-TIME CFO, OBSERVER BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-45000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0584932
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0584932
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01794988
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt012441
IRS990/InformationTechnologyGrp/TotalAmt012441
IRS990/InvestmentIncomeGrp/ExclusionAmt0444
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0444
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040838
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09492
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018046
IRS990/LandBldgEquipCostOrOtherBssAmt058884
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt045000
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL ENTREPRENEURS TO TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS. ADDITIONALLY, LAUNCHYOURCITY SUPPLIES A CO-WORKING ENVIRONMENT TO LOWER THE ECONOMIC BARRIER OF ENTRY TO INCUBATION ALONG WITH AD HOC MENTORING. FOR STARTUPS AND BUSINESSES, LAUNCHYOURCITY PROVIDES MEMPHIS' ONLY DYNAMIC INNOVATION ECONOMY PROGRAMMING TO KEEP UP-TO-SPEED ON THE LATEST TRENDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt034305
IRS990/NetAssetsOrFundBalancesEOYAmt0240860
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-45000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-45000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0177277
IRS990/OccupancyGrp/TotalAmt0177277
IRS990/OfficeExpensesGrp/ProgramServicesAmt022009
IRS990/OfficeExpensesGrp/TotalAmt022009
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072008
IRS990/OtherAssetsTotalGrp/EOYAmt030288
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02500
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02500
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENT MEALS
IRS990/OtherExpensesGrp/Desc2INSURANCE
IRS990/OtherExpensesGrp/Desc3FACILITIES BUILD OUT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13617
IRS990/OtherExpensesGrp/ProgramServicesAmt0148319
IRS990/OtherExpensesGrp/ProgramServicesAmt153884
IRS990/OtherExpensesGrp/TotalAmt0148319
IRS990/OtherExpensesGrp/TotalAmt153884
IRS990/OtherExpensesGrp/TotalAmt24200
IRS990/OtherExpensesGrp/TotalAmt33617
IRS990/OtherLiabilitiesGrp/BOYAmt076858
IRS990/OtherLiabilitiesGrp/EOYAmt088690
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106780
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106780
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt023051
IRS990/PayrollTaxesGrp/TotalAmt023051
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ERIC MATHEWS
IRS990/PriorPeriodAdjustmentsAmt0189
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541511
IRS990/ProgramServiceRevenueGrp/Desc0MENTORING/ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0154919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154919
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01305657
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0584932
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0154919
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0809937
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt032440
IRS990/PYInvestmentIncomeAmt0117
IRS990/PYOtherExpensesAmt0547009
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt041720
IRS990/PYRevenuesLessExpensesAmt0-53753
IRS990/PYSalariesCompEmpBnftPaidAmt0326078
IRS990/PYTotalExpensesAmt0905527
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0851774
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0206366
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01639625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0809625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0869877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0450977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0112121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03882225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0146
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0256
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0254
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01217
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0384718
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt03882225
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01639625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0809625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0869877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0450977
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112121
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03882225
IRS990ScheduleA/TotalSupportAmt03883442
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/BookValueAmt018046
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040838
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058884
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15403
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35297
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41635
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5453
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6250
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UPSTART
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM WOLF RIVER ANGELS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM WOLF RIVER PARTNERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM CAPITAL C SCHOOL
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM VENTURE C CORP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6DUE FROM WOLF RIVER PARTNERS III
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19456
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2186
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt319128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt458308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WOLF RIVER ANGELS FUND I, LP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO WOLF RIVER ANGELS FUND II, LP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO MATT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3AMERICAN EXPRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018046
IRS990ScheduleD/TotalBookValueOtherAssetsAmt030288
IRS990ScheduleD/TotalLiabilityAmt088690
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0330432
IRS990ScheduleI/RecipientTable/CashGrantAmt1250000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ECOSYSTEM SUPPORT AND DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ECOSYSTEM SUPPORT AND DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CODECREW
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COMMUNITY SUCCESS INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientEIN0474691807
IRS990ScheduleI/RecipientTable/RecipientEIN1814608209
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02ND FLOOR 88 UNION AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1420 CENTRAL PARK W 4D
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MEMPHIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd038103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110025
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTANT PREPARING FORM 990 PRESENTS A COPY TO THE BOARD OF DIRECTORS AND EXECUTIVES FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENTS AND FORM 990 FOR LAUNCHYOURCITY DBA LAUNCHMEMPHIS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION'S EXECUTIVES OR A MEMBER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$359,810
Liabilities
$118,950
Net assets
$240,860
Revenue
$1,749,988
Expenses
$1,543,622
Net income
$206,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.39$0.28$0.88$0.75$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.40$0.19$1.02$0.82$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.41$0.36$0.66$0.90$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.31$0.12$1.51$1.05$0.46
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.70$0.58$1.35$1.62$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.12$0.24$1.75$1.54$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.10$0.03$0.85$0.91$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.13$0.09$0.92$0.88$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.03$0.04$0.48$0.50$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.12$0.06$0.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits