Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 15.4% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Assets
Up$200,684
Up $146,147 (+268%) from 2021
Net Assets
Up-$194,631
Up $165,284 (+46%) from 2021
Liabilities
Down$395,315
Down $19,137 (-4.6%) from 2021
Revenue
Up$1,018,814
Up $357,551 (+54%) from 2021
Expenses
Down$822,467
Down $74,686 (-8.3%) from 2021
Net Income
Up$196,347
Up $432,237 (+183%) from 2021
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.
Launchyourcity supports the earliest stages of innovation and entrepreneurship in memphis with dynamic programs that are designed to help potential civic, social, and tech-based entrepreneurs and innovators develop a business model and take the first actionable steps of starting a new business or program. Launchyourcity is a practitioner of innovation driven economic development accelerating and brokering talent, technology and capital leveraging the economic assets of the region to create communities where meaningful jobs, liveable communities, inclusive societies, and collaborative governance intersect for success.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $26,250 | $160,000 | ▲ $133,750 |
| Cash and Non-Interest-Bearing Accounts | $13,072 | $12,839 | ▼ $233 |
| Investments Other Securities | $7,594 | $7,594 | → $0 |
| Land, Buildings, and Equipment, Net | $5,188 | $0 | ▼ $5,188 |
| Total Assets | $54,537 | $200,684 | ▲ $146,147 |
| Other Assets Total | $2,433 | $20,251 | ▲ $17,818 |
| Liabilities | |||
| Other Liabilities | $166,895 | $159,092 | ▼ $7,803 |
| Mortgage Notes Payable Secured by Investment Property | $120,000 | $120,000 | → $0 |
| Accounts Payable and Accrued Expenses | $127,557 | $116,223 | ▼ $11,334 |
| Total Liabilities | $414,452 | $395,315 | ▼ $19,137 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-359,915 | $-194,631 | ▲ $165,284 |
| Total Net Assets Fund Balance | $-359,915 | $-194,631 | ▲ $165,284 |
| Total Liabilities and Net Assets / Fund Balance | $54,537 | $200,684 | ▲ $146,147 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $77,841 | $77,841 |
| Other Assets Org | $-755 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Eric Mathews | CEO, President, Founder | FT | $156,417 | $156,417 |
| Andre Fowkles | Co-president, Observer Boa | FT | $137,031 | $137,031 |
| Name | Title |
|---|---|
| Charles Beech | Board Member |
| Douglas Scarboro | Board Member |
| Gwin Scott | Board Member |
| Phil Blum | Board Member |
| Thomas Hussey | Board Member |
| Tom Baker | Board Member |
| Brad Silver | Board Member, Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $557,224 |
| Other Expenses | $265,243 |
| Total Fundraising Expense | $110,854 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $97,816 | $97,816 | $97,816 | $293,448 |
| Other Salaries and Wages | $204,873 | - | - | $204,873 |
| Payroll Taxes | $13,502 | $13,038 | $13,038 | $39,578 |
| Travel | $34,076 | - | - | $34,076 |
| Fees for Services Accounting | - | $24,565 | - | $24,565 |
| Other Employee Benefits | $19,325 | - | - | $19,325 |
| Other Expenses | $27,044 | $19,301 | - | $19,301 |
| Information Technology | $12,000 | $6,285 | - | $18,285 |
| Interest | - | $8,500 | - | $8,500 |
| Occupancy | - | $6,491 | - | $6,491 |
| Insurance | - | $6,441 | - | $6,441 |
| Depreciation Depletion | - | $5,187 | - | $5,187 |
| Fees for Services Legal | - | $5,064 | - | $5,064 |
| All Other Expenses | - | $3,187 | - | $3,187 |
| Fees for Services Other | $3,092 | - | - | $3,092 |
| Office Expenses | - | $914 | - | $914 |
| Advertising | - | $714 | - | $714 |
| Total Functional Expenses | $514,110 | $197,503 | $110,854 | $822,467 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Wolf River Angels Fund Iii, Lp | $162,628 |
| Due to Wolf River Partners | $28,750 |
| Due to Wolf River Angels Fund I, Lp | $-16,042 |
| Due to Wolf River Angels Fund Ii, Lp | $-16,244 |
“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.”
“Economic development: leveraging the economic assets of the memphis region to build innovative solutions and programs to create meaningful jobs, economic opportunity, and more advanced communities. We work with city, state, and federal governments as well as civic partners and supply processes and support to build civic innovations and solutions that drive economic growth for all citizens.”
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 | 127557 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 116223 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 26250 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 160000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF INNOVATION AND ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL CIVIC, SOCIAL, AND TECH-BASED ENTREPRENEURS AND INNOVATORS DEVELOP A BUSINESS MODEL AND TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS OR PROGRAM. LAUNCHYOURCITY IS A PRACTITIONER OF INNOVATION DRIVEN ECONOMIC DEVELOPMENT ACCELERATING AND BROKERING TALENT, TECHNOLOGY AND CAPITAL LEVERAGING THE ECONOMIC ASSETS OF THE REGION TO CREATE COMMUNITIES WHERE MEANINGFUL JOBS, LIVEABLE COMMUNITIES, INCLUSIVE SOCIETIES, AND COLLABORATIVE GOVERNANCE INTERSECT FOR SUCCESS. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 714 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 714 |
| IRS990/AllOtherContributionsAmt | 0 | 170500 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3187 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 3187 |
| 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 | 13072 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 12839 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 97816 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 97816 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 97816 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 293448 |
| 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 | 692125 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 189 |
| IRS990/CYOtherExpensesAmt | 0 | 265243 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 326500 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 196347 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 557224 |
| IRS990/CYTotalExpensesAmt | 0 | 822467 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 110854 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1018814 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 5187 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5187 |
| IRS990/Desc | 0 | ENTREPRENEURSHIP SUPPORT: 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 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 280638 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 24565 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 24565 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5064 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5064 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 3092 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 3092 |
| 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/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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | 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/PersonNm | 0 | ERIC MATHEWS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANDRE FOWKLES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BRAD SILVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DOUGLAS SCARBORO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GWIN SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TOM BAKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | THOMAS HUSSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHARLES BEECH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PHIL BLUM |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 156417 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 137031 |
| 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/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/TitleTxt | 0 | CEO, PRESIDENT, FOUNDER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-PRESIDENT, OBSERVER BOA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER, TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| 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/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 521625 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1018814 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 6285 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 12000 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 18285 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6441 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 6441 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 8500 |
| IRS990/InterestGrp/TotalAmt | 0 | 8500 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 189 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 189 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 7594 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 7594 |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 77841 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5188 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| 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 | -359915 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -194631 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -359915 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -194631 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6491 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 6491 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 914 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 914 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2433 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 20251 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 19325 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 19325 |
| IRS990/OtherExpensesGrp/Desc | 0 | ECOSYSTEM DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMUNITY DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 19301 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 59167 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 43215 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 27044 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 59167 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 43215 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 27044 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 19301 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 166895 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 159092 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 204873 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 204873 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 13038 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 13038 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 13502 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 39578 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | ERIC MATHEWS |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -31063 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ENTREPRENEUR TRAINING/ |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 326500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 326500 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ECONOMIC DEVELOPMENT: LEVERAGING THE ECONOMIC ASSETS OF THE MEMPHIS REGION TO BUILD INNOVATIVE SOLUTIONS AND PROGRAMS TO CREATE MEANINGFUL JOBS, ECONOMIC OPPORTUNITY, AND MORE ADVANCED COMMUNITIES. WE WORK WITH CITY, STATE, AND FEDERAL GOVERNMENTS AS WELL AS CIVIC PARTNERS AND SUPPLY PROCESSES AND SUPPORT TO BUILD CIVIC INNOVATIONS AND SOLUTIONS THAT DRIVE ECONOMIC GROWTH FOR ALL CITIZENS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 233472 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 145500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 216251 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 21 |
| IRS990/PYOtherExpensesAmt | 0 | 356149 |
| IRS990/PYOtherRevenueAmt | 0 | 7200 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 437791 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -235890 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 541004 |
| IRS990/PYTotalExpensesAmt | 0 | 897153 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 661263 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 196347 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 181000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 692125 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 661242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1512266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1345931 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5222789 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 189 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 143 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 216 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 605 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 431355 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5222789 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 692125 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 661242 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1512266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1345931 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1011225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5222789 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5223394 |
| 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 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 77841 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 77841 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 5956 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 5905 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 4766 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 4379 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | -755 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DUE FROM VENTURE C CORP |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DUE FROM WOLF RIVER ANGELS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DUE FROM WOLF RIVER PARTNERS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | DUE FROM WOLF RIVER PARTNERS II |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | DUE FROM WOLF RIVER PARTNERS III |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 162628 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | -16042 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | -16244 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 28750 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO WOLF RIVER ANGELS FUND III, LP |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO WOLF RIVER ANGELS FUND I, LP |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | DUE TO WOLF RIVER ANGELS FUND II, LP |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | DUE TO WOLF RIVER PARTNERS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 20251 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 159092 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 156417 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ERIC MATHEWS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO, PRESIDENT, FOUNDER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 156417 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ECONOMIC DEVELOPMENT: LEVERAGING THE ECONOMIC ASSETS OF THE MEMPHIS REGION TO BUILD INNOVATIVE SOLUTIONS AND PROGRAMS TO CREATE MEANINGFUL JOBS, ECONOMIC OPPORTUNITY, AND MORE ADVANCED COMMUNITIES. WE WORK WITH CITY, STATE, AND FEDERAL GOVERNMENTS AS WELL AS CIVIC PARTNERS AND SUPPLY PROCESSES AND SUPPORT TO BUILD CIVIC INNOVATIONS AND SOLUTIONS THAT DRIVE ECONOMIC GROWTH FOR ALL CITIZENS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ACCOUNTANT PREPARING FORM 990 PRESENTS A COPY TO THE BOARD OF DIRECTORS AND EXECUTIVES FOR APPROVAL BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 III, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 1 |
| 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 | 54537 |
| IRS990/TotalAssetsEOYAmt | 0 | 200684 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 54537 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 200684 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 692125 |
| IRS990/TotalEmployeeCnt | 0 | 6 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 110854 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 197503 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 514110 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 822467 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 414452 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 395315 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 414452 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 395315 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -359915 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -194631 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 514110 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 326500 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 293448 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 189 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 326500 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1018814 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
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