Civic Intelligence

Yic Launch Pad

EIN 45-4889219 • 501(c)3 • Everett, WA

Pub. 78 Eligible990-N CoverageNTEE P20

Profile

Youth Sports and Performing Arts

1902 Rucker Ave Unit CEverett, WA 98201
Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2025

Net Margin

22nd percentile

-10%

Higher net margin than 22% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2025

Top Officer Pay

96th percentile

$50,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

NTEE P20 • <$500k nonprofits • Source year 2025

Asset Growth

14th percentile

-61%

Faster asset growth than 14% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

75th percentile

44%

Faster revenue growth than 75% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$17,437

Down $27,697 (-61%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$17,437

Down $27,697 (-61%) from 2024

Revenue

Up

$276,523

Up $84,189 (+44%) from 2024

Expenses

Up

$304,220

Up $157,020 (+107%) from 2024

Net Income

Down

-$27,697

Down $72,831 (-161%) from 2024

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2024: $45,134Liabilities 2024: $0Net Assets 2024: $45,1342024Assets 2025: $17,437Liabilities 2025: $0Net Assets 2025: $17,4372025

Highlighted filing

2025

Assets$17,437
Liabilities$0
Net Assets$17,437

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2024: $192,334Expenses 2024: $147,200Net Income 2024: $45,1342024Revenue 2025: $276,523Expenses 2025: $304,220Net Income 2025: -$27,6972025

Highlighted filing

2025

Revenue$276,523
Expenses$304,220
Net Income-$27,697

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 18, 2026
Return Version
2024v5.2
Gross Receipts
$276,523
Mission and Program Overview

Mission

Youth Sports and Performing Arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$45,134$17,437▼ $27,697
Rtn Earn Endowment Incm Other Fnds$45,134$17,437▼ $27,697
Total Assets$45,134$17,437▼ $27,697
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,134$17,437▼ $27,697
Total Liabilities and Net Assets / Fund Balance$45,134$17,437▼ $27,697
Compensation and Service Providers

Employees

NameTitleBaseTotal
Otis D PatrickPresident$50,000$50,000
Revenue and Support

Revenue Composition

Contributions and Grants
$27,652
Program Service Revenue
$248,871
Investment Income
$0
Other Revenue
$0
All Other Contributions
$27,652
Change in Net Assets
$-27,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,763
Salaries, Compensation, and Employee Benefits$95,457
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$139,252-$139,252
Current Officers, Directors, Trustees, and Key Employees-$95,457-$95,457
Fees for Services Other$59,850--$59,850
Depreciation Depletion$2,286$7,375-$9,661
Total Functional Expenses$62,136$242,084$0$304,220
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
Backup withholding compliance
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 governing body review Part VI line 11

The president is provided a copy of the 990 to review before filing.

Governing documents etc available to public Part VI line 19

Articles of Incorp and Bylaws available upon request. Requests are to be sent to the President of the organization. Articles of Incorp are also available via WA Secretary of State.

Filing and Contact Details

Filer

Filer Name
YIC Launchpad
EIN
45-4889219
In Care Of
% Otis D Patrick
Address
1902 Rucker Ave Unit C, Everett, WA 98201

Signing Officer

Name
Otis D Patrick
Title
President
Phone
2068616698
Signed
2026-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Otis D Patrick
Formed
2013
Legal Domicile
Wa
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Security Tax Services LLC
Address
1604 Hewitt Ave Ste 313, Everett, WA 98201
Preparer
Sean Witherspoon Ea
Phone
4253392400
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Program contactors for Go Play Life, $59,850.

Raw XML Appendix261 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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