Civic Intelligence

Launch New York Inc.

990 • Fiscal year 2017 • EIN 45-3980649

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 07, 2018

77 Goodell Street Suite 201Buffalo, NY 14203

(641) 551-4489

Siviq Scores

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

Liabilities / Assets

75th percentile

0.56x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.77x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$320,132

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Asset Growth

10th percentile

-15%

Faster asset growth than 10% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

67%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,402,374

Down $427,669 (-15%) from 2016

Net Assets

Up

$1,054,989

Up $669,356 (+174%) from 2016

Liabilities

Down

$1,347,385

Down $1,097,025 (-45%) from 2016

Revenue

Up

$1,745,488

Up $702,181 (+67%) from 2016

Expenses

Up

$1,076,132

Up $273,443 (+34%) from 2016

Net Income

Up

$669,356

Up $428,738 (+178%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $360,739Liabilities 2012: $359,260Net Assets 2012: $1,4792012Assets 2013: $422,153Liabilities 2013: $411,617Net Assets 2013: $10,5362013Assets 2014: $2,711,716Liabilities 2014: $2,608,170Net Assets 2014: $103,5462014Assets 2015: $329,052Liabilities 2015: $184,037Net Assets 2015: $145,0152015Assets 2016: $2,830,043Liabilities 2016: $2,444,410Net Assets 2016: $385,6332016Assets 2017: $2,402,374Liabilities 2017: $1,347,385Net Assets 2017: $1,054,9892017Assets 2018: $2,307,995Liabilities 2018: $186,362Net Assets 2018: $2,121,6332018Assets 2019: $4,156,529Liabilities 2019: $205,551Net Assets 2019: $3,950,9782019Assets 2020: $5,910,787Liabilities 2020: $345,960Net Assets 2020: $5,564,8272020Assets 2021: $7,715,825Liabilities 2021: $1,022,610Net Assets 2021: $6,693,2152021Assets 2022: $9,625,094Liabilities 2022: $981,324Net Assets 2022: $8,643,7702022Assets 2023: $11,956,487Liabilities 2023: $1,961,765Net Assets 2023: $9,994,7222023Assets 2024: $12,283,767Liabilities 2024: $1,303,784Net Assets 2024: $10,979,9832024

Highlighted filing

2017

Assets$2,402,374
Liabilities$1,347,385
Net Assets$1,054,989

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $173,130Expenses 2012: $171,651Net Income 2012: $1,4792012Revenue 2013: $810,567Expenses 2013: $801,511Net Income 2013: $9,0562013Revenue 2014: $3,930,141Expenses 2014: $3,837,131Net Income 2014: $93,0102014Revenue 2015: $939,548Expenses 2015: $949,003Net Income 2015: -$9,4552015Revenue 2016: $1,043,307Expenses 2016: $802,689Net Income 2016: $240,6182016Revenue 2017: $1,745,488Expenses 2017: $1,076,132Net Income 2017: $669,3562017Revenue 2018: $2,549,839Expenses 2018: $1,483,195Net Income 2018: $1,066,6442018Revenue 2019: $3,736,344Expenses 2019: $1,857,343Net Income 2019: $1,879,0012019Revenue 2020: $3,470,565Expenses 2020: $1,856,716Net Income 2020: $1,613,8492020Revenue 2021: $3,066,885Expenses 2021: $1,932,980Net Income 2021: $1,133,9052021Revenue 2022: $4,319,958Expenses 2022: $2,373,617Net Income 2022: $1,946,3412022Revenue 2023: $3,799,599Expenses 2023: $2,745,055Net Income 2023: $1,054,5442023Revenue 2024: $3,660,726Expenses 2024: $2,725,457Net Income 2024: $935,2692024

Highlighted filing

2017

Revenue$1,745,488
Expenses$1,076,132
Net Income$669,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 7, 2018
Return Version
2017v2.2
Gross Receipts
$1,745,488
Mission and Program Overview

Mission

The organization's objective is to support underperforming entrepreneurships in upstate new york, by providing programs and services to entrepreneurs that assist business development and growth of start-up companies, with a particular goal of helping high-potential companies position themselves to recieve professional equity investments from angel, seed-stage, and venture capital investors.

To stimulate economic growth in economically underperforming areas in upstate new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,318,177$1,239,703▼ $1,078,474
Other Notes and Loans Receivable, Net$225,000$868,257▲ $643,257
Pledges and Grants Receivable$220,295$187,823▼ $32,472
Cash and Non-Interest-Bearing Accounts$34,291$76,727▲ $42,436
Land, Buildings, and Equipment, Net$32,280$20,639▼ $11,641
Prepaid Expenses and Deferred Charges-$9,225-
Total Assets$2,830,043$2,402,374▼ $427,669
Liabilities
Deferred Revenue$2,334,731$1,267,270▼ $1,067,461
Accounts Payable and Accrued Expenses$109,679$80,115▼ $29,564
Total Liabilities$2,444,410$1,347,385▼ $1,097,025
Net Assets / Fund Balance
Unrestricted Net Assets$385,633$1,054,989▲ $669,356
Total Net Assets Fund Balance$385,633$1,054,989▲ $669,356
Total Liabilities and Net Assets / Fund Balance$2,830,043$2,402,374▼ $427,669

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,639$26,566$47,205
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marion LavignePresident, CEO and SecretaFT$185,296$134,836$320,132
Lindsay StencelCOO and Fund ManagerPT$103,077$16,359$119,436

Board Members and Trustees

NameTitle
George ChamounChair/treasurer
Jordan LevyVice-chair
Jennifer BeckageDirector
Paul HoganDirector
Zachary ShulmanDirector
Michael DefreitasAssistant Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,594,150
Program Service Revenue
$96,550
Investment Income
$54,788
Other Revenue
$0
All Other Contributions
$1,350,301
Change in Net Assets
$669,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,745,488
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,745,488
Total Revenue per Form 990
$1,745,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$613,821
Salaries, Compensation, and Employee Benefits$462,311
Total Fundraising Expense$38,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$414,838$37,956-$452,794
Current Officers, Directors, Trustees, and Key Employees$231,477$63,847$24,808$320,132
Other Salaries and Wages$70,353$18,311$7,710$96,374
Advertising$33,845--$33,845
Other Employee Benefits$15,439$7,719$1,743$24,901
Fees for Services Accounting$2,235$20,698-$22,933
Payroll Taxes$15,678$3,554$1,672$20,904
Conferences and Meetings$17,926$2,687-$20,613
Travel$10,570$6,401$1,689$18,660
Depreciation Depletion-$11,641-$11,641
Occupancy$5,981$4,011-$9,992
Fees for Services Legal$7,148$1,430$953$9,531
Other Expenses$1,934$817-$2,751
Insurance$225$2,035-$2,260
Office Expenses$1,483$474$57$2,014
All Other Expenses$792$591$10$1,393
Total Functional Expenses$849,882$187,608$38,642$1,076,132

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,076,132
Total Expenses per Audited Statements$1,076,132
Total Expenses per Form 990$1,076,132
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The president/ceo, controller, treasurer, and the board of directors will review the 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

All board members sign a conflict of interest policy annually and all new hires sign a conflict of interest policy when hired.

Form 990, Part VI, Section B, Line 15A

The ceo and coo salaries are determined by the board of directors. The positions include a written employment agreement. The president/ceo sets salaries for the staff positions based on labor market rates and individual qualifications of hired staff.

Form 990, Part VI, Section C, Line 19

The organization makes these documents available to the public online at the nys attorney general's charities bureau website or by request.

Filing and Contact Details

Filer

Filer Name
Launch New York Inc
EIN
45-3980649
Phone
6415514489
Address
77 GOODELL STREET SUITE 201, BUFFALO, NY 14203

Signing Officer

Name
Marion Lavigne
Title
President/CEO
Phone
6415514489
Signed
2018-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marion Lavigne
Formed
2011
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
5

Preparer

Firm
Buffington & Hoatland Cpas Pllc
Address
213 NORTH STREET, AUBURN, NY 13021-3305
Preparer
Elaine S Buffington
Phone
3152539744
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services: program service expenses 115,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 115,000. Eir fees: program service expenses 196,485. Management and general expenses 0. Fundraising expenses 0. Total expenses 196,485. Other service fees: program service expenses 103,158. Management and general expenses 34,386. Fundraising expenses 0. Total expenses 137,544. Payroll: program service expenses 195. Management and general expenses 3,570. Fundraising expenses 0. Total expenses 3,765.

Financial Statement Notes

PART X, LINE 2:

The corporation is classified as a not-for-profit organization under section 501(c)(3) of the internal revenue code. The financial accounting standards board issued fasb accounting standards codification (fasb asc), accounting for uncertainty in income taxes. This requires the recognition and measurement of uncertain tax positions held by the corporation. Under the generally accepted accounting principles, the amount reported would be based on probability assessments of the likelihood that certain deductions would be disallowed upon examination because the taxing authorities interpreted existing guidance differently. The corporation recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision. For the tax year ended december 31,2017, there was no accrued interest or accrued penalties with uncertain tax positions for the corporation.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13425
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2817
IRS990/OtherExpensesGrp/ProgramServicesAmt013109
IRS990/OtherExpensesGrp/ProgramServicesAmt15799
IRS990/OtherExpensesGrp/ProgramServicesAmt21050
IRS990/OtherExpensesGrp/ProgramServicesAmt31934
IRS990/OtherExpensesGrp/TotalAmt013109
IRS990/OtherExpensesGrp/TotalAmt17810
IRS990/OtherExpensesGrp/TotalAmt24475
IRS990/OtherExpensesGrp/TotalAmt32751
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018311
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt070353
IRS990/OtherSalariesAndWagesGrp/TotalAmt096374
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0225000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0868257
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01672
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03554
IRS990/PayrollTaxesGrp/ProgramServicesAmt015678
IRS990/PayrollTaxesGrp/TotalAmt020904
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0220295
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0187823
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09225
IRS990/PrincipalOfficerNm0MARION LAVIGNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0940028
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05676
IRS990/PYOtherExpensesAmt0421414
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt097603
IRS990/PYRevenuesLessExpensesAmt0240618
IRS990/PYSalariesCompEmpBnftPaidAmt0381275
IRS990/PYTotalExpensesAmt0802689
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01043307
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0669356
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01594150
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02318177
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01239703
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01594150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0940028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0968684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03645975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0807234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07956071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054788
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05676
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt060464
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt096550
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt097603
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt026737
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0284166
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03333
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0508389
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93330
IRS990ScheduleA/PublicSupportPY170Pct00.93990
IRS990ScheduleA/PublicSupportTotal170Amt07956071
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01594150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0940028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0968684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03645975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0807234
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07956071
IRS990ScheduleA/TotalSupportAmt08524924
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt020639
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026566
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047205
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01076132
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01745488
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS CLASSIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED FASB ACCOUNTING STANDARDS CODIFICATION (FASB ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS REQUIRES THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS HELD BY THE CORPORATION. UNDER THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE AMOUNT REPORTED WOULD BE BASED ON PROBABILITY ASSESSMENTS OF THE LIKELIHOOD THAT CERTAIN DEDUCTIONS WOULD BE DISALLOWED UPON EXAMINATION BECAUSE THE TAXING AUTHORITIES INTERPRETED EXISTING GUIDANCE DIFFERENTLY. THE CORPORATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION. FOR THE TAX YEAR ENDED DECEMBER 31,2017, THERE WAS NO ACCRUED INTEREST OR ACCRUED PENALTIES WITH UNCERTAIN TAX POSITIONS FOR THE CORPORATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020639
IRS990ScheduleD/TotalExpensesPerForm990Amt01076132
IRS990ScheduleD/TotalRevenuePerForm990Amt01745488
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01745488
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01076132
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0185296
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0114000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARION LAVIGNE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, CEO AND SECRETA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0320132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT/CEO, CONTROLLER, TREASURER, AND THE BOARD OF DIRECTORS WILL REVIEW THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY ANNUALLY AND ALL NEW HIRES SIGN A CONFLICT OF INTEREST POLICY WHEN HIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO AND COO SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS. THE POSITIONS INCLUDE A WRITTEN EMPLOYMENT AGREEMENT. THE PRESIDENT/CEO SETS SALARIES FOR THE STAFF POSITIONS BASED ON LABOR MARKET RATES AND INDIVIDUAL QUALIFICATIONS OF HIRED STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC ONLINE AT THE NYS ATTORNEY GENERAL'S CHARITIES BUREAU WEBSITE OR BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 115,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 115,000. EIR FEES: PROGRAM SERVICE EXPENSES 196,485. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196,485. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 103,158. MANAGEMENT AND GENERAL EXPENSES 34,386. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,544. PAYROLL: PROGRAM SERVICE EXPENSES 195. MANAGEMENT AND GENERAL EXPENSES 3,570. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,765.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0LAUNCH NEW YORK INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0LAUNCHNY SEED FUND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0893413
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0TO MAKE INVESTMENTS IN START-UP COMPANIES IN UPSTATE NEW YORK
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0136295
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt077 GOODELL ST SUITE 201
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd014203
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02830043
IRS990/TotalAssetsEOYAmt02402374
IRS990/TotalAssetsGrp/BOYAmt02830043
IRS990/TotalAssetsGrp/EOYAmt02402374
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01594150
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt038642
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187608
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0849882
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02444410
IRS990/TotalLiabilitiesEOYAmt01347385
IRS990/TotalLiabilitiesGrp/BOYAmt02444410
IRS990/TotalLiabilitiesGrp/EOYAmt01347385
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0385633

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$1.30$11.0$3.66$2.73$0.94
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$1.96$9.99$3.80$2.75$1.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.63$0.98$8.64$4.32$2.37$1.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.72$1.02$6.69$3.07$1.93$1.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$0.35$5.56$3.47$1.86$1.61
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.21$3.95$3.74$1.86$1.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$0.19$2.12$2.55$1.48$1.07
2017Detailed filing. Detailed filing data is available for this year.$2.40$1.35$1.05$1.75$1.08$0.67
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$2.44$0.39$1.04$0.80$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.18$0.15$0.94$0.95$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.71$2.61$0.10$3.93$3.84$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.41$0.01$0.81$0.80$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.36$0.00$0.17$0.17$0.00