Civic Intelligence

Mission Launch Inc.

990 • Fiscal year 2021 • EIN 45-4633339

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

Organization Profilewww.mission-launch.org
711 W 40th St 153Baltimore, MD 21211

(202) 618-7075

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

27th percentile

-6.3%

Higher net margin than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$14,550

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

3rd percentile

-91%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-50%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1,474

Down $14,841 (-91%) from 2020

Net Assets

Down

$1,474

Down $14,841 (-91%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin27th percentile

Revenue

Down

$87,580

Down $88,920 (-50%) from 2020

Expenses

Down

$93,084

Down $68,353 (-42%) from 2020

Net Income

Down

-$5,504

Down $20,567 (-137%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$300K$200K$100K$0Assets 2014: $441Liabilities 2014: $0Net Assets 2014: $4412014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2020: $16,315Liabilities 2020: $0Net Assets 2020: $16,3152020Assets 2021: $1,474Liabilities 2021: $0Net Assets 2021: $1,4742021Assets 2022: $65,728Liabilities 2022: $0Net Assets 2022: $65,7282022Assets 2024: $248,090Liabilities 2024: $0Net Assets 2024: $248,0902024

Highlighted filing

2021

Assets$1,474
Liabilities$0
Net Assets$1,474
Open 2021 Filing

Operations Trend

Revenue Growth17th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $12,414Expenses 2014: $8,999Net Income 2014: $3,4152014Revenue 2015: $130,120Expenses 2015: $68,388Net Income 2015: $61,7322015Revenue 2020: $176,500Expenses 2020: $161,437Net Income 2020: $15,0632020Revenue 2021: $87,580Expenses 2021: $93,084Net Income 2021: -$5,5042021Revenue 2022: $217,756Expenses 2022: $114,131Net Income 2022: $103,6252022Revenue 2024: $816,043Expenses 2024: $690,245Net Income 2024: $125,7982024

Highlighted filing

2021

Revenue$87,580
Expenses$93,084
Net Income-$5,504
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.1
Gross Receipts
$87,580
Mission and Program Overview

Mission

Our vision is to be a driving force towards a more socioeconomically secure society

Mission Launch envision an America that restores equity and creates sustainable opportunities for fresh starts so that citizens facing barriers due to an arrest and or conviction record

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,315$1,474▼ $14,841
Total Assets$16,315$1,474▼ $14,841
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,315$1,474▼ $14,841
Total Net Assets Fund Balance$16,315$1,474▼ $14,841
Total Liabilities and Net Assets / Fund Balance$16,315$1,474▼ $14,841
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
LaurinLeonardFT$14,550$14,550
Revenue and Support

Revenue Composition

Contributions and Grants
$87,580
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$87,580
Change in Net Assets
$-5,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$66,417$26,667$0$93,084
Total Functional Expenses$66,417$26,667$0$93,084
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
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Filing and Contact Details

Filer

Filer Name
Mission Launch Inc
EIN
45-4633339
Phone
2026187075
Address
711 W 40th St 153, Baltimore, MD 21211

Signing Officer

Name
Laurin Leonard
Title
Director
Phone
2026187075
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurin Leonard
Formed
2012
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Accurate CPA Services
Address
9701 Apollo Dr Suite 301, Largo, MD 20774
Preparer
Jamela Des Vignes
Phone
3016845166
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The treasurer and director reviewed the form 990”

Pt VI, Line 19

“Governing documents and financial documents are available to the public upon request”

Pt III, Line 2

“Rebuilding re-entry program:Drafted and presented entrepreneurship accelerator and training lab for returning citizens.”

Pt VI, Line 2

“Laurin Hodge (President) and Teresa Hodge (Program Director)are related.”

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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jamela Des Vignes
ReturnHeader/ReturnTs02022-09-28T10:36:21-07:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Leonard
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,474
Liabilities
$0
Net assets
$1,474
Revenue
$87,580
Expenses
$93,084
Net income
-$5,504
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$8.16$6.90$1.26
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$2.18$1.14$1.04
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.88$0.93$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.77$1.61$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.30$0.68$0.62
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.12$0.09$0.03