Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 7.3% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Assets
Up$186,141
Up $65,956 (+55%) from 2019
Net Assets
Up-$124,025
Up $457,669 (+79%) from 2019
Liabilities
Down$310,166
Down $391,713 (-56%) from 2019
Revenue
Up$1,512,302
Up $166,228 (+12%) from 2019
Expenses
Down$1,054,633
Down $564,072 (-35%) from 2019
Net Income
Up$457,669
Up $730,300 (+268%) from 2019
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $32,036 | $91,660 | ▲ $59,624 |
| Accounts Receivable | $46,200 | $72,149 | ▲ $25,949 |
| Land, Buildings, and Equipment, Net | $22,015 | $13,105 | ▼ $8,910 |
| Investments Other Securities | $7,594 | $7,594 | → $0 |
| Prepaid Expenses and Deferred Charges | $1,515 | - | - |
| Total Assets | $120,185 | $186,141 | ▲ $65,956 |
| Other Assets Total | $10,825 | $1,633 | ▼ $9,192 |
| Liabilities | |||
| Other Liabilities | $317,704 | $158,895 | ▼ $158,809 |
| Mortgage Notes Payable Secured by Investment Property | $120,000 | $120,000 | → $0 |
| Accounts Payable and Accrued Expenses | $264,175 | $31,271 | ▼ $232,904 |
| Total Liabilities | $701,879 | $310,166 | ▼ $391,713 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-581,694 | $-124,025 | ▲ $457,669 |
| Total Net Assets Fund Balance | $-581,694 | $-124,025 | ▲ $457,669 |
| Total Liabilities and Net Assets / Fund Balance | $120,185 | $186,141 | ▲ $65,956 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $12,756 | $65,085 | $77,841 |
| Leasehold Improvements | $349 | $11,871 | $12,220 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Eric Mathews | CEO, President, Founder | FT | $109,947 | $109,947 |
| Andre Fowkles | Co-president, Observer Boa | FT | $93,208 | $93,208 |
| Name | Title |
|---|---|
| Charles Beech | Board Member |
| Chris Williams | Board Member |
| Douglas Scarboro | Board Member |
| Gwin Scott | Board Member |
| Phil Blum | Board Member |
| Thomas Hussey | Board Member |
| Tom Baker | Board Member |
| Darrell Cobbins | Board Member, Secretary |
| Brad Silver | Board Member, Treasurer |
| Chip Marston | CPA, Observer Board Member |
| Jimmy Dickey | CPA, Observer Board Member |
| Emily Brackstone | Legal Counsel, Observer Bo |
| John Ogle | Part-time CFO, Observer Bo |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $528,015 |
| Other Expenses | $526,618 |
| Total Fundraising Expense | $84,499 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $217,090 | $27,136 | $27,136 | $271,362 |
| Occupancy | $167,568 | $20,946 | $20,946 | $209,460 |
| Current Officers, Directors, Trustees, and Key Employees | $162,524 | $20,316 | $20,316 | $203,156 |
| Fees for Services Other | $68,267 | $2,960 | - | $71,227 |
| Fees for Services Accounting | - | $48,400 | - | $48,400 |
| Payroll Taxes | $30,864 | $3,858 | $3,858 | $38,580 |
| Fees for Services Legal | - | $25,000 | - | $25,000 |
| Travel | - | $19,114 | - | $19,114 |
| Other Employee Benefits | $11,933 | $1,492 | $1,492 | $14,917 |
| Depreciation Depletion | - | $11,871 | - | $11,871 |
| Office Expenses | $9,310 | $1,038 | - | $10,348 |
| Advertising | - | $9,823 | - | $9,823 |
| Insurance | $6,401 | $800 | $800 | $8,001 |
| Interest | - | $7,640 | - | $7,640 |
| All Other Expenses | $2,561 | $2,287 | - | $4,848 |
| Other Expenses | $2,400 | $300 | $300 | $3,000 |
| Total Functional Expenses | $756,128 | $214,006 | $84,499 | $1,054,633 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,054,633 |
| Total Expenses per Audited Statements | $1,054,633 |
| Total Expenses per Form 990 | $1,054,633 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Wolf River Angels Fund Iii, Lp | $158,895 |
“The accountant preparing form 990 presents a copy to the board of directors and executives for approval before filing.”
“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.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 264175 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 31271 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 46200 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 72149 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 9823 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 9823 |
| IRS990/AllOtherContributionsAmt | 0 | 195945 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2287 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 2561 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4848 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9012137795 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 140 S MAIN ST 3 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLLIERVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38017 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 32036 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 91660 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 20316 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 20316 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 162524 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 203156 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 298445 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 36 |
| IRS990/CYOtherExpensesAmt | 0 | 526618 |
| IRS990/CYOtherRevenueAmt | 0 | 20416 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1193405 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 457669 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 528015 |
| IRS990/CYTotalExpensesAmt | 0 | 1054633 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 84499 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1512302 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 11871 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11871 |
| IRS990/Desc | 0 | SUPPORTING EARLY-STAGE START-UPS IN ALL AREAS OF BUSINESS DEVELOPMENT. ENTREPRENEURS ARE SCHOOLED IN DEVELOPING A BUSINESS MODEL THAT WILL ACHIEVE SUSTAINABILITY. THEY RECEIVE MENTORING, FINANCIAL COUNSELING AND OPPORTUNITIES TO COMPETE IN THE MARKETPLACE FOR INVESTOR FUNDING. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | START CO |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 756128 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 48400 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 48400 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 25000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 25000 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 2960 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 68267 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 71227 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ERIC MATHEWS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANDRE FOWKLES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DARRELL COBBINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRAD SILVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DOUGLAS SCARBORO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | GWIN SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CHRIS WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TOM BAKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | THOMAS HUSSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CHARLES BEECH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | PHIL BLUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | EMILY BRACKSTONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JIMMY DICKEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | CHIP MARSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JOHN OGLE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 109947 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 93208 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO, PRESIDENT, FOUNDER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-PRESIDENT, OBSERVER BOA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER, SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER, TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | LEGAL COUNSEL, OBSERVER BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CPA, OBSERVER BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | CPA, OBSERVER BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | PART-TIME CFO, OBSERVER BO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 102500 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1512302 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 800 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 800 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 6401 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8001 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 7640 |
| IRS990/InterestGrp/TotalAmt | 0 | 7640 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 36 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 36 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 7594 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 7594 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 76956 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 22015 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13105 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 90061 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 120000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 120000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -581694 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -124025 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -581694 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -124025 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 20946 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 20946 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 167568 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 209460 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1038 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9310 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 10348 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 10825 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1633 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1492 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1492 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 11933 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14917 |
| IRS990/OtherExpensesGrp/Desc | 0 | COMMUNITY DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | INTERNET & TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | ECOSYSTEM DEVELOPMENT |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 6848 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 2357 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 446 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 300 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6848 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3731 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 446 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 300 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 54780 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 18860 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 3570 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2400 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 68476 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 24948 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4462 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3000 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 317704 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 158895 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 541900 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 20416 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 20416 |
| IRS990/OtherRevenueTotalAmt | 0 | 20416 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 27136 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 27136 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 217090 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 271362 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 3858 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3858 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 30864 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 38580 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1515 |
| IRS990/PrincipalOfficerNm | 0 | ERIC MATHEWS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ENTREPRENEUR TRAINING |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1193405 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1193405 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 246955 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 143 |
| IRS990/PYOtherExpensesAmt | 0 | 1072964 |
| IRS990/PYOtherRevenueAmt | 0 | 10657 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1088319 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -272631 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 545741 |
| IRS990/PYTotalExpensesAmt | 0 | 1618705 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1346074 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 457669 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1213821 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1512266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1345931 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 719067 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1639625 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6228114 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 36 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 143 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 216 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 213 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 444 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1052 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 478787 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6228114 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1512266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1345931 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 719067 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1639625 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6228114 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6229166 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 12756 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 65085 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 77841 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1054633 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 349 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 11871 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 12220 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 158895 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO WOLF RIVER ANGELS FUND III, LP |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1512302 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 13105 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1054633 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 158895 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1512302 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1512302 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1054633 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ACCOUNTANT PREPARING FORM 990 PRESENTS A COPY TO THE BOARD OF DIRECTORS AND EXECUTIVES FOR APPROVAL BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.