Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 9.7% of source-year revenue.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Down$54,537
Down $131,604 (-71%) from 2020
Net Assets
Down-$359,915
Down $235,890 (-190%) from 2020
Liabilities
Up$414,452
Up $104,286 (+34%) from 2020
Revenue
Down$661,263
Down $851,039 (-56%) from 2020
Expenses
Down$897,153
Down $157,480 (-15%) from 2020
Net Income
Down-$235,890
Down $693,559 (-152%) from 2020
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 | |||
| Accounts Receivable | $72,149 | $26,250 | ▼ $45,899 |
| Cash and Non-Interest-Bearing Accounts | $91,660 | $13,072 | ▼ $78,588 |
| Investments Other Securities | $7,594 | $7,594 | → $0 |
| Land, Buildings, and Equipment, Net | $13,105 | $5,188 | ▼ $7,917 |
| Total Assets | $186,141 | $54,537 | ▼ $131,604 |
| Other Assets Total | $1,633 | $2,433 | ▲ $800 |
| Liabilities | |||
| Other Liabilities | $158,895 | $166,895 | ▲ $8,000 |
| Accounts Payable and Accrued Expenses | $31,271 | $127,557 | ▲ $96,286 |
| Mortgage Notes Payable Secured by Investment Property | $120,000 | $120,000 | → $0 |
| Total Liabilities | $310,166 | $414,452 | ▲ $104,286 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-124,025 | $-359,915 | ▼ $235,890 |
| Total Net Assets Fund Balance | $-124,025 | $-359,915 | ▼ $235,890 |
| Total Liabilities and Net Assets / Fund Balance | $186,141 | $54,537 | ▼ $131,604 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $5,188 | $72,653 | $77,841 |
| Other Securities | $994 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Eric Mathews | CEO, President, Founder | FT | $64,250 | $64,250 |
| Andre Fowkles | Co-president, Observer Boa | FT | $50,745 | $50,745 |
| 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 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $541,004 |
| Other Expenses | $356,149 |
| Total Fundraising Expense | $73,645 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $300,603 | $37,575 | $37,575 | $375,753 |
| Current Officers, Directors, Trustees, and Key Employees | $91,996 | $11,500 | $11,500 | $114,996 |
| Fees for Services Other | $68,267 | $32,489 | - | $100,756 |
| Occupancy | $68,326 | $8,541 | $8,541 | $85,408 |
| Fees for Services Accounting | - | $30,405 | - | $30,405 |
| Payroll Taxes | $21,371 | $2,671 | $2,671 | $26,713 |
| Other Employee Benefits | $18,834 | $2,354 | $2,354 | $23,542 |
| Travel | - | $12,116 | - | $12,116 |
| Other Expenses | $7,380 | $939 | $922 | $9,241 |
| Insurance | $6,401 | $800 | $800 | $8,001 |
| Depreciation Depletion | $6,334 | $792 | $792 | $7,918 |
| Fees for Services Legal | - | $7,080 | - | $7,080 |
| Interest | - | $6,000 | - | $6,000 |
| All Other Expenses | $3,775 | $1,499 | $284 | $5,558 |
| Office Expenses | $407 | $697 | - | $1,104 |
| Advertising | - | $498 | - | $498 |
| Total Functional Expenses | $659,346 | $164,162 | $73,645 | $897,153 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $897,152 |
| Total Expenses per Audited Statements | $897,152 |
| Total Expenses per Form 990 | $897,152 |
| 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 | $156,895 |
| Deferred Revenue | $10,000 |
“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.”
“Consulting: program service expenses 68,267. Management and general expenses 31,420. Fundraising expenses 0. Total expenses 99,687. Contract services: program service expenses 0. Management and general expenses 1,069. Fundraising expenses 0. Total expenses 1,069.”
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 | 31271 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 127557 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 72149 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 26250 |
| 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 | 498 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 498 |
| IRS990/AllOtherContributionsAmt | 0 | 118751 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 284 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1499 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3775 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5558 |
| 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 | 91660 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 13072 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 11500 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 11500 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 91996 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 114996 |
| 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 | 216251 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 21 |
| IRS990/CYOtherExpensesAmt | 0 | 356149 |
| IRS990/CYOtherRevenueAmt | 0 | 7200 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 437791 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -235890 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 541004 |
| IRS990/CYTotalExpensesAmt | 0 | 897153 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 73645 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 661263 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 792 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 792 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 6334 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7918 |
| 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 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 659346 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 30405 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 30405 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 7080 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7080 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 32489 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 68267 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 100756 |
| 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/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/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/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/ReportableCompFromOrgAmt | 0 | 64250 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 50745 |
| 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/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/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/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 | 97500 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 661263 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 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 | 6000 |
| IRS990/InterestGrp/TotalAmt | 0 | 6000 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 21 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 21 |
| 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 | 72653 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 13105 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5188 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 77841 |
| 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 | -124025 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -359915 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -124025 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -359915 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 8541 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 8541 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 68326 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 85408 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 697 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 407 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1104 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1633 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2433 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 2354 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2354 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 18834 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 23542 |
| IRS990/OtherExpensesGrp/Desc | 0 | ECOSYSTEM DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMUNITY DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | INTERNET & TELEPHONE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 3854 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 2591 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 1761 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 922 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3854 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2591 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1761 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 939 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 30833 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 20730 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 14089 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 7380 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 38541 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 25912 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17611 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9241 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 158895 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 166895 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 541900 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7200 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 7200 |
| IRS990/OtherRevenueTotalAmt | 0 | 7200 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 37575 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 37575 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 300603 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 375753 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2671 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2671 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 21371 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 26713 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | ERIC MATHEWS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ENTREPRENEUR TRAINING |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 437791 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 437791 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 298445 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 36 |
| IRS990/PYOtherExpensesAmt | 0 | 526618 |
| IRS990/PYOtherRevenueAmt | 0 | 20416 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1193405 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 457669 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 528015 |
| IRS990/PYTotalExpensesAmt | 0 | 1054633 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1512302 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -235890 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 507591 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 661242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1512266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1345931 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 719067 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5249731 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 36 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 143 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 216 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 213 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 629 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 370653 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5249731 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 661242 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1512266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1345931 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 719067 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5249731 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5250360 |
| 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 | 5188 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 72653 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 77841 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 897152 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 156895 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 10000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO WOLF RIVER ANGELS FUND III, LP |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DEFERRED REVENUE |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 6600 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 994 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | MARKETABLE SECURITIES |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | INVESTMENT BOOSTERVILLE |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 661263 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5188 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 7594 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 897152 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 166895 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 661263 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 661263 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 897152 |
| 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/ExplanationTxt | 2 | CONSULTING: PROGRAM SERVICE EXPENSES 68,267. MANAGEMENT AND GENERAL EXPENSES 31,420. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,687. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,069. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,069. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 186141 |
| IRS990/TotalAssetsEOYAmt | 0 | 54537 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 186141 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 54537 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 216251 |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 73645 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 164162 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 659346 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.