Civic Intelligence

The Launch Pad

990 • Fiscal year 2022 • EIN 36-4949193

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 11, 2023

617 Marlboro AveEast Ridge, TN 37412

(423) 902-4822

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

96th percentile

165%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

103%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,145,782

Up $713,300 (+165%) from 2021

Net Assets

Up

$1,134,410

Up $702,265 (+163%) from 2021

Liabilities

Up

$11,372

Up $11,035 (+3274%) from 2021

Revenue

Up

$893,659

Up $453,097 (+103%) from 2021

Expenses

Up

$191,394

Up $129,275 (+208%) from 2021

Net Income

Up

$702,265

Up $323,822 (+86%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2021: $432,482Liabilities 2021: $337Net Assets 2021: $432,1452021Assets 2022: $1,145,782Liabilities 2022: $11,372Net Assets 2022: $1,134,4102022Assets 2023: $2,160,049Liabilities 2023: $8,183Net Assets 2023: $2,151,8662023Assets 2024: $2,328,576Liabilities 2024: $10,233Net Assets 2024: $2,318,3432024

Highlighted filing

2022

Assets$1,145,782
Liabilities$11,372
Net Assets$1,134,410

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2021: $440,562Expenses 2021: $62,119Net Income 2021: $378,4432021Revenue 2022: $893,659Expenses 2022: $191,394Net Income 2022: $702,2652022Revenue 2023: $1,504,668Expenses 2023: $487,212Net Income 2023: $1,017,4562023Revenue 2024: $776,518Expenses 2024: $610,041Net Income 2024: $166,4772024

Highlighted filing

2022

Revenue$893,659
Expenses$191,394
Net Income$702,265
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 11, 2023
Return Version
2022v5.0
Gross Receipts
$996,289
Mission and Program Overview

Mission

The launch pad provides a temporary home for women recovering from substance abuse that is geared toward allowing a woman to return to society and be happy, healthy, and productive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$118,442$899,235▲ $780,793
Cash and Non-Interest-Bearing Accounts$314,040$246,547▼ $67,493
Total Assets$432,482$1,145,782▲ $713,300
Liabilities
Accounts Payable and Accrued Expenses$337$11,372▲ $11,035
Total Liabilities$337$11,372▲ $11,035
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$208,996$1,104,160▲ $895,164
Net Assets With Donor Restrictions$223,149$30,250▼ $192,899
Total Net Assets Fund Balance$432,145$1,134,410▲ $702,265
Total Liabilities and Net Assets / Fund Balance$432,482$1,145,782▲ $713,300

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$512,360$710$513,070
Buildings$298,741$3,781$302,522
Land$78,000-$78,000
Equipment$10,134$4,431$14,565
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scarlett BowmanPresident
Kristen HuttonVice President
Christie HomarBoard Member
Donna N ColemanBoard Member
Drdeborah DistefanoBoard Member
Jamie ButtramBoard Member
Kathy J ClarkBoard Member
Mark HiteBoard Member
Randy DurhamBoard Member
Melodye C ZimmermanSecretary
Susan SteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$921,293
Program Service Revenue
$0
Investment Income
$-95,396
Other Revenue
$67,762
All Other Contributions
$845,365
Change in Net Assets
$702,265

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$128,000Actual Sales Value
Other Non Cash Contri Table1$36,665Actual Sales Value
Cars and Other Vehicles1$14,200Actual Sales Value
Other Non Cash Contri Table1$10,200Actual Sales Value
Other Non Cash Contri Table1$9,254Actual Sales Value
Total Noncash Contributions5$198,319-

Audited Revenue Reconciliation

Revenue per Audited Statements
$893,659
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,210
Total Revenue per Audited Statements
$900,869
Total Revenue per Form 990
$893,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,865
Salaries, Compensation, and Employee Benefits$61,529
Total Fundraising Expense$19,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,548$4,727-$47,275
Occupancy$39,784--$39,784
Fees for Services Accounting-$10,850-$10,850
Other Employee Benefits$9,180$1,020-$10,200
Travel$9,559--$9,559
Depreciation Depletion$6,278$698-$6,976
Insurance$5,924$658-$6,582
Payroll Taxes$3,649$405-$4,054
Other Expenses$3,832-$18,682$3,832
All Other Expenses$3,085-$428$3,513
Office Expenses$423$47-$470
Advertising--$120$120
Total Functional Expenses$153,759$18,405$19,230$191,394

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$198,604
Expenses per Audited Statements$191,394
Total Expenses per Form 990$191,394
Expenses Not Reported on Form 990$7,210
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,210
Fundraising Gross Income$7,210
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Teal Music Event$60,009-$6,010-
Giving Tuesday$18,971$3,052$800$2,252
Total Events$83,138$7,210$7,210$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board reviews a copy of the 990 prior to filing.

Form 990, Part VI, Section C, Line 19

All such documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Launch Pad
EIN
36-4949193
Phone
4239024822
Address
617 MARLBORO AVE, EAST RIDGE, TN 37412

Signing Officer

Name
Scarlett Bowman
Title
Chairperson
Phone
4239024822
Signed
2023-07-11

Organization Details

Principal Officer
Scarlett Bowman
Formed
2019
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
11

Preparer

Firm
Johnson Hickey & Murchison Pc
Address
2215 OLAN MILLS DRIVE, CHATTANOOGA, TN 37421
Preparer
Sherri Anderson
Phone
4237560052
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The launch pad is a nonprofit organization exempt from federal income tax under the provisions of section 501(c)(3) of the internal revenue code and is dependent upon contributions to carry out its primary purpose. The launch pad follows the requirements of professional literature in accounting for uncertain tax positions. Under this guidance, the organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The organization does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. For the year ended december 31, 2022, there were no interest or penalties recorded or included in the financial statments related to uncertain tax positions. Information returns for tax years 2019 and beyond remain subject to examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 7,210.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 7,210.

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IRS990/PYTotalRevenueAmt0440562
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0702265
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt067762
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0921293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0402697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01323990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt067786
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046167
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0113953
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt067786
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0113953
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01323990
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0921293
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0402697
IRS990ScheduleA/Total509Grp/TotalAmt01323990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0989079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0448864
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01437943
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0298741
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03781
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0302522
IRS990ScheduleD/EquipmentGrp/BookValueAmt010134
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04431
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014565
IRS990ScheduleD/ExpensesNotReportedAmt07210
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0191394
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt078000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt078000
IRS990ScheduleD/OtherExpensesIncludedAmt07210
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0512360
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0710
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0513070
IRS990ScheduleD/OtherRevenueAmt07210
IRS990ScheduleD/RevenueNotReportedAmt07210
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0893659
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LAUNCH PAD IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS DEPENDENT UPON CONTRIBUTIONS TO CARRY OUT ITS PRIMARY PURPOSE. THE LAUNCH PAD FOLLOWS THE REQUIREMENTS OF PROFESSIONAL LITERATURE IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THIS GUIDANCE, THE ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED DECEMBER 31, 2022, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATMENTS RELATED TO UNCERTAIN TAX POSITIONS. INFORMATION RETURNS FOR TAX YEARS 2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 7,210.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSES 7,210.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0899235
IRS990ScheduleD/TotalExpensesPerForm990Amt0191394
IRS990ScheduleD/TotalRevenuePerForm990Amt0893659
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0900869
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0198604
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt075928
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015919
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt060009
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07210
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GIVING TUESDAY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THE TEAL MUSIC EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018971
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt060009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt04158
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt083138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt04158
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07210
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0400
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07210
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0800
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06010
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0ACTUAL SALES VALUE
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt014200
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0OTHER SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1INSURANCE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2FOOD & FURNITURE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ACTUAL SALES VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1ACTUAL SALES VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2ACTUAL SALES VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt036665
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt110200
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt29254
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0ACTUAL SALES VALUE
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0128000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS A COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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