My Possibilities Foundation

990EZ • Fiscal year 2013 • EIN 45-1838041

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 05, 2014

Organization Profile N/A

4350 Sigma RoadSuite 10075244-4421

(972) 991-6777

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

100%

Higher net margin than 100% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

202%

Faster asset growth than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

102%

Faster revenue growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

$151,007

Up $101,007 (+202%) from 2012

Net Assets

$151,007

Up $101,007 (+202%) from 2012

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin100th percentile

Revenue

$101,007

Up $51,007 (+102%) from 2012

Expenses

No earlier filing loaded for comparison.

Net Income

$101,007

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

Highlighted filing

2013

Assets$151,007

Liabilities$0

Net Assets$151,007

Open 2013 Filing

Operations Trend

Revenue Growth93rd percentile

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

Highlighted filing

2013

Revenue$101,007

Expenses$0

Net Income$101,007

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Nov 5, 2014
Return Version: 2013v3.1
Gross Receipts: $101,007

Mission and Program Overview

Mission

Launchability foundation exists for the purpose of providing financial support to launchability, inc. (ein 75-1189353), a texas nonprofit corporation under section 501 (c)(3) of the internal revenue code. The earnings are granted to launchability, inc. To use to further theirexempt purpose.

SUPPORT ORGANIZATION

Program Services

Description	Grants	Expenses
LAUNCHABILITY FOUNDATION WAS CREATED TO RAISE FUNDS TO SUPPORT LAUNCHABILITY, ANOTHER PUBLIC CHARITY.	-	-

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
W L ROY PENDERGRASS JR	President	-	$0	-	-
STEVEN H GENDLER	Treasurer	-	$0	-	-
SHARON HERRIN	Sec/President Elect	-	$0	-	-

Filing and Contact Details

Filer

EIN: 45-1838041
In Care Of: % WL PENDERGRASS JR
Phone: 9729916777

Signing Officer

Name: Wl Pendergrass Jr
Title: President
Phone: 9729916777
Signed: 2014-11-05
Discuss with paid preparer: Yes

Preparer

Preparer: William H Sims
Phone: 9729916777

Raw XML Appendix131 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	W L PENDERGRASS JR
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2147504400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	4350 SIGMA ROAD STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	752444421
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	50000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	151007
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	101000
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	101007
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	50000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	151007
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	101007
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	7
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	50000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	151007
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	50000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	151007
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	W L ROY PENDERGRASS JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	STEVEN H GENDLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	SHARON HERRIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SEC/PRESIDENT ELECT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SUPPORT ORGANIZATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	LAUNCHABILITY FOUNDATION WAS CREATED TO RAISE FUNDS TO SUPPORT LAUNCHABILITY, ANOTHER PUBLIC CHARITY.
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	101007
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/CertificationInd	0	X
IRS990ScheduleA/Contribution35ControlledInd	0	false
IRS990ScheduleA/ContributionControllerInd	0	false
IRS990ScheduleA/ContributionFamilyInd	0	false
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	751189353
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc	0	07
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1	0	LAUNCHABILITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd	0	true
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType3FuncIntInd	0	X
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
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	WL PENDERGRASS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9729916777
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	LAUNCHABILITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	LAUN
ReturnHeader/Filer/EIN	0	451838041
ReturnHeader/Filer/InCareOfNm	0	% WL PENDERGRASS JR
ReturnHeader/Filer/PhoneNum	0	9729916777
ReturnHeader/Filer/USAddress/AddressLine1	0	4350 SIGMA ROAD
ReturnHeader/Filer/USAddress/AddressLine2	0	Suite 100
ReturnHeader/Filer/USAddress/City	0	DALLAS
ReturnHeader/Filer/USAddress/State	0	TX
ReturnHeader/Filer/USAddress/ZIPCode	0	752444421
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	SALMON SIMS THOMAS & ASSOC PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	12720 HILLCREST RD SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	75230
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9729916777
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	WILLIAM H SIMS
ReturnHeader/ReturnTs	0	2014-11-06T14:06:46-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $151,007
Liabilities: $0
Net assets: $151,007
Revenue: $101,007
Expenses: $0
Net income: $101,007

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.70	$0.00	$2.70	$1.22	$0.00	$1.22
2019Summary only. Only limited summary data is available for this year.	$0.99	$0.00		$0.04	$0.01	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$0.87	$0.00	$0.87	$0.09	$0.38	$0.29
2017Detailed filing. Detailed filing data is available for this year.	$1.28	$0.01	$1.27	$0.05	$0.01	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$1.15	$0.00	$1.15	$0.03	$0.07	$0.05
2015Detailed filing. Detailed filing data is available for this year.	$1.19	$0.00	$1.19	$0.06	$0.29	$0.23
2014Detailed filing. Detailed filing data is available for this year.	$1.48	$0.00	$1.48	$0.00	$0.03	$0.03
2013Detailed filing. Detailed filing data is available for this year.	$1.51	$0.00	$1.51	$1.01	$0.00	$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.50		$0.50	$0.50