Civic Intelligence

Launchability Foundation

EIN 45-1838041 • 501(c)3 • Plano, TX

Profile

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.

3601 Mapleshade LnPlano, TX 75075

n/a

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Up

$270,053

Up $170,826 (+172%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

$270,053

No earlier filing loaded for comparison.

Revenue

Up

$121,605

Up $118,082 (+3352%) from 2019

Expenses

Down

$0

Down $1,081 (-100%) from 2019

Net Income

Up

$121,605

Up $119,163 (+4880%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $50,000Net Assets 2012: $50,0002012Assets 2013: $151,007Liabilities 2013: $0Net Assets 2013: $151,0072013Assets 2014: $147,551Liabilities 2014: $0Net Assets 2014: $147,5512014Assets 2015: $118,922Liabilities 2015: $0Net Assets 2015: $118,9222015Assets 2016: $115,192Liabilities 2016: $0Net Assets 2016: $115,1922016Assets 2017: $128,466Liabilities 2017: $1,028Net Assets 2017: $127,4382017Assets 2018: $86,982Liabilities 2018: $0Net Assets 2018: $86,9822018Assets 2019: $99,227Liabilities 2019: $02019Assets 2024: $270,053Liabilities 2024: $0Net Assets 2024: $270,0532024

Highlighted filing

2024

Assets$270,053
Liabilities$0
Net Assets$270,053

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $50,0002012Revenue 2013: $101,007Expenses 2013: $0Net Income 2013: $101,0072013Revenue 2014: $15Expenses 2014: $3,471Net Income 2014: -$3,4562014Revenue 2015: $5,740Expenses 2015: $28,597Net Income 2015: -$22,8572015Revenue 2016: $2,699Expenses 2016: $7,278Net Income 2016: -$4,5792016Revenue 2017: $4,570Expenses 2017: $1,028Net Income 2017: $3,5422017Revenue 2018: $9,327Expenses 2018: $38,314Net Income 2018: -$28,9872018Revenue 2019: $3,523Expenses 2019: $1,081Net Income 2019: $2,4422019Revenue 2024: $121,605Expenses 2024: $0Net Income 2024: $121,6052024

Highlighted filing

2024

Revenue$121,605
Expenses$0
Net Income$121,605

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$121,605
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 my possibilities through dedicated fundraising and donor engagement efforts.

Program Services

DescriptionGrantsExpenses
IN 2024, MP FOUNDATION CONTINUED TO FULFILL ITS MISSION OF SUPPORTING MY POSSIBILITIES THROUGH DEDICATED FUNDRAISING AND DONOR ENGAGEMENT EFFORTS. THE FOUNDATION SUCCESSFULLY RAISED FUNDS TO ADVANCE MY POSSIBILITIES' PROGRAMS SERVING ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. KEY ACCOMPLISHMENTS INCLUDED SECURING MAJOR GIFTS, EXPANDING DONOR RELATIONSHIPS, AND HOSTING FUNDRAISING EVENTS THAT CONTRIBUTED TO THE ORGANIZATION'S LONG-TERM FINANCIAL SUSTAINABILITY. ALTHOUGH THE FOUNDATION DOES NOT OPERATE ITS OWN PROGRAMS, ITS EFFORTS DIRECTLY ENHANCE THE RESOURCES AND OPPORTUNITIES AVAILABLE TO MY POSSIBILITIES AND ITS PARTICIPANTS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BECCY RATLIFFChair-$0--
NANCY APPELMANDirector-$0--
MONIKA BARNESDirector-$0--
BIANCA CHOWDirector-$0--
BROOKE LEVERETTEDirector-$0--
ADAM MORSEDirector-$0--
SCOTT NEWMANDirector-$0--
JOE PETERSONDirector-$0--
KATIE O'BRIENDirector-$0--
DAVE SEGODirector-$0--
SILVIA SIQUEIRADirector-$0--
CHARMAINE SOLOMONDirector-$0--
Filing and Contact Details

Filer

Filer Name
My Possibilities Foundation
EIN
45-1838041
Phone
4692419100
Address
3601 MAPLESHADE LN, PLANO, TX 75075

Signing Officer

Name
Beccy Ratliff
Title
Chair
Phone
4692419100
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Lane Gorman Trubitt LLC
Address
2626 HOWELL ST SUITE 700, DALLAS, TX 75204
Preparer
Kevin Warneke
Phone
2148717500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain. Amount: 20,763.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 121,605.

Raw XML Appendix189 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.

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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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