Civic Intelligence

Launch Inc

990 • Fiscal year 2024 • EIN 46-2203112

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 04, 2025

Organization ProfileLAUNCHCHATTANOOGA.ORG
P O Box 903Chattanooga, TN 37401

(423) 523-9307

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.85x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.94x

Higher debt load relative to revenue than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-54%

Higher net margin than 6% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$131,795

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

95th percentile

105%

Faster asset growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$3,447,753

Up $1,769,211 (+105%) from 2023

Net Assets

Down

$511,332

Down $535,802 (-51%) from 2023

Liabilities

Up

$2,936,421

Up $2,305,013 (+365%) from 2023

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin6th percentile

Revenue

Down

$999,089

Down $595,671 (-37%) from 2023

Expenses

Up

$1,534,891

Up $277,165 (+22%) from 2023

Net Income

Down

-$535,802

Down $872,836 (-259%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $52,180Liabilities 2011: $02011Assets 2012: $37,450Liabilities 2012: $27,0002012Assets 2013: $54,941Liabilities 2013: $41,710Net Assets 2013: $13,2312013Assets 2014: $163,011Liabilities 2014: $5,549Net Assets 2014: $157,4622014Assets 2015: $554,120Liabilities 2015: $11,155Net Assets 2015: $542,9652015Assets 2016: $825,796Liabilities 2016: $18,851Net Assets 2016: $806,9452016Assets 2017: $710,866Liabilities 2017: $26,600Net Assets 2017: $684,2662017Assets 2018: $411,130Liabilities 2018: $11,537Net Assets 2018: $399,5932018Assets 2019: $600,382Liabilities 2019: $16,550Net Assets 2019: $583,8322019Assets 2020: $853,806Liabilities 2020: $173,614Net Assets 2020: $680,1922020Assets 2021: $703,571Liabilities 2021: $193,212Net Assets 2021: $510,3592021Assets 2022: $1,317,452Liabilities 2022: $607,352Net Assets 2022: $710,1002022Assets 2023: $1,678,542Liabilities 2023: $631,408Net Assets 2023: $1,047,1342023Assets 2024: $3,447,753Liabilities 2024: $2,936,421Net Assets 2024: $511,3322024

Highlighted filing

2024

Assets$3,447,753
Liabilities$2,936,421
Net Assets$511,332
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $126,250Expenses 2011: $74,070Net Income 2011: $52,1802011Revenue 2012: $147,231Expenses 2012: $188,961Net Income 2012: -$41,7302012Revenue 2013: $284,241Expenses 2013: $281,460Net Income 2013: $2,7812013Revenue 2014: $525,153Expenses 2014: $380,922Net Income 2014: $144,2312014Revenue 2015: $608,868Expenses 2015: $485,315Net Income 2015: $123,5532015Revenue 2016: $809,219Expenses 2016: $551,584Net Income 2016: $257,6352016Revenue 2017: $649,839Expenses 2017: $779,591Net Income 2017: -$129,7522017Revenue 2018: $530,596Expenses 2018: $812,411Net Income 2018: -$281,8152018Revenue 2019: $880,705Expenses 2019: $694,021Net Income 2019: $186,6842019Revenue 2020: $1,003,661Expenses 2020: $905,520Net Income 2020: $98,1412020Revenue 2021: $876,031Expenses 2021: $1,045,941Net Income 2021: -$169,9102021Revenue 2022: $1,180,931Expenses 2022: $981,190Net Income 2022: $199,7412022Revenue 2023: $1,594,760Expenses 2023: $1,257,726Net Income 2023: $337,0342023Revenue 2024: $999,089Expenses 2024: $1,534,891Net Income 2024: -$535,8022024

Highlighted filing

2024

Revenue$999,089
Expenses$1,534,891
Net Income-$535,802
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.2
Gross Receipts
$999,089
Mission and Program Overview

Mission

The purposes for which this corporation is organized are the establishment and support of charitable, scientific or educational activities within the meaning of section 501(c)(3) of the internal revenue code,either directly or indirectly through its cooperation with public or private agencies having like purposes or objectives

Launch empowers individuals and impacts communities through entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$293,582$3,059,637▲ $2,766,055
Cash and Non-Interest-Bearing Accounts$907,946$223,350▼ $684,596
Pledges and Grants Receivable$446,320$130,000▼ $316,320
Accounts Receivable$798$29,513▲ $28,715
Intangible Assets$4,083$3,250▼ $833
Prepaid Expenses and Deferred Charges-$1,190-
Total Assets$1,678,542$3,447,753▲ $1,769,211
Other Assets Total$25,813$813▼ $25,000
Liabilities
Unsecured Notes Loans Payable$566,418$2,854,917▲ $2,288,499
Accounts Payable and Accrued Expenses$64,990$81,504▲ $16,514
Total Liabilities$631,408$2,936,421▲ $2,305,013
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$755,149$494,347▼ $260,802
Net Assets With Donor Restrictions$291,985$16,985▼ $275,000
Total Net Assets Fund Balance$1,047,134$511,332▼ $535,802
Total Liabilities and Net Assets / Fund Balance$1,678,542$3,447,753▲ $1,769,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,473,225$80,164$2,553,389
Land$456,900-$456,900
Equipment$129,512$81,061$210,573
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hal BowlingCEOFT$122,707$9,088$131,795
Dejuan JordanCEOFT$112,707$9,088$121,795

Board Members and Trustees

NameTitle
Marcus Cade-johnsonPresident
Chuck FisherMember
Lindsey GallaherMember
Luis ContrerasMember
Mandy Senn-simmonsMember
Quentin LawrenceMember
Ternae Jordan SrMember
Zac BrownMember
Juli-ann MorganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$614,905
Program Service Revenue
$301,101
Investment Income
$1,546
Other Revenue
$81,537
All Other Contributions
$610,505
Change in Net Assets
$-535,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$999,089
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$999,089
Total Revenue per Form 990
$999,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$981,731
Salaries, Compensation, and Employee Benefits$547,569
Total Fundraising Expense$165,680
Grants and Similar Amounts Paid$5,591
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$162,796$37,409$53,386$253,591
Fees for Services Other$161,172$54,154$15,842$231,168
Other Salaries and Wages$143,502$32,976$47,059$223,537
Occupancy$135,306$14,351-$149,657
Interest$34,604$93,210-$127,814
Depreciation Depletion$71,153$15,080-$86,233
Advertising$34,418$11,898$1,788$48,104
Travel$25,861$15,331$4,876$46,068
Other Employee Benefits$22,681$5,212$7,438$35,331
Payroll Taxes$22,539$5,179$7,392$35,110
All Other Expenses$13,341$15,227$5,580$34,148
Other Expenses$17,750$748$14,532$33,030
Office Expenses$13,980$8,473$7,352$29,805
Fees for Services Accounting-$21,461-$21,461
Insurance-$18,064-$18,064
Grants to Domestic Individuals$4,652--$4,652
Fees for Services Legal$1,022$1,070-$2,092
Grants to Domestic Orgs$939--$939
Total Functional Expenses$1,014,214$354,997$165,680$1,534,891

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,534,891
Total Expenses per Audited Statements$1,534,891
Total Expenses per Form 990$1,534,891
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Audit committee
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
Yes
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, Part VI, Section A, Line 2

“Ternae jordan sr, board member, is the father of dejuan jordan, ceo.”

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

“990 submitted to board to review 990 prior to electronic submission to the internal revenue service.”

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

“Compensation process for top official compensation arrangements are based on information about compensation paid by similarly situated tax-exempt organizations for similar services and all arrangements are voted on by the board.”

Form 990, Part VI, Section C, Line 19

“990 is available upon request”

Filing and Contact Details

Filer

Filer Name
Launch Inc
EIN
46-2203112
Phone
4235239307
Address
P O BOX 903, CHATTANOOGA, TN 37401

Signing Officer

Name
Hal Bowling
Title
CEO
Phone
4235239307
Signed
2025-08-04

Organization Details

Principal Officer
Hal Bowling
Formed
2011
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
79

Preparer

Firm
Johnson Hickey & Murchison Pc
Address
2215 OLAN MILLS DRIVE, CHATTANOOGA, TN 37421
Preparer
Sherri Anderson
Phone
4237560052
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract labor: program service expenses 155,549. Management and general expenses 48,276. Fundraising expenses 15,842. Total expenses 219,667. Other professional fees: program service expenses 5,623. Management and general expenses 5,878. Fundraising expenses 0. Total expenses 11,501.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows the requirements of professional literature in accounting for uncertain tax positions. Under this guidance, the organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The organization does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. For the years ended december 31, 2024 and 2023, there were no interest or penalties recorded or included in the financial statements related to uncertain tax positions. Information returns for tax years 2021 and beyond remain subject to examinations.”

Raw XML AppendixShowing 400 of 467 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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IRS990/Desc0LAUNCH EMPOWERS INDIVIDUALS AND IMPACTS COMMUNITIES THROUGH ENTREPRENEURSHIP. WE WORK TIRELESSLY TO ENSURE THAT ANYONE WITH A BUSINESS DREAM HAS THE TOOLS TO BRING IT TO LIFE, ESPECIALLY THOSE UNDERREPRESENTED IN ENTREPRENEURSHIP. OUR FOCUS IS ON BUSINESSES OWNED BY WOMEN, PEOPLE OF COLOR, YOUTH, AND FOOD ENTREPRENEURS.USING OUR COLLECTIVE RESOURCES, RELATIONSHIPS, CREATIVITY, AND BUSINESS EXPERTISE, WE HELP INDIVIDUALS START AND STRENGTHEN THEIR BUSINESSES. WE PROVIDE A SUPPORT SYSTEM FOR THOSE WITHOUT ONE, BELIEVING IT IS KEY TO THEIR LONG-TERM SUCCESS. SINCE 2011, LAUNCH HAS SUPPORTED BUSINESSES AND TRACKED THEIR PROGRESS. REMARKABLY, 85% OF THE BUSINESSES WE'VE HELPED ARE STILL OPERATING TODAY.WE ARE CONTINUALLY INSPIRED BY THE ENTREPRENEURS WE WORK WITH. PLEASE CONSIDER INVESTING IN OUR EFFORTS AND PARTNERING WITH US ON THIS EXCITING JOURNEY!
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IRS990/InvestmentIncomeGrp/ExclusionAmt01546
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01546
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0161225
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0293582
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03059637
IRS990/LandBldgEquipCostOrOtherBssAmt03220862
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LAUNCH EMPOWERS INDIVIDUALS AND IMPACTS COMMUNITIES THROUGH ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01047134
IRS990/NetAssetsOrFundBalancesEOYAmt0511332
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt081537
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt081537
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0755149
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0494347
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014351
IRS990/OccupancyGrp/ProgramServicesAmt0135306
IRS990/OccupancyGrp/TotalAmt0149657
IRS990/OfficeExpensesGrp/FundraisingAmt07352
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08473
IRS990/OfficeExpensesGrp/ProgramServicesAmt013980
IRS990/OfficeExpensesGrp/TotalAmt029805
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025813
IRS990/OtherAssetsTotalGrp/EOYAmt0813
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07438
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05212
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035331
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PROGRAM EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt0435
IRS990/OtherExpensesGrp/FundraisingAmt114532
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03060
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12094
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2748
IRS990/OtherExpensesGrp/ProgramServicesAmt067256
IRS990/OtherExpensesGrp/ProgramServicesAmt140891
IRS990/OtherExpensesGrp/ProgramServicesAmt240351
IRS990/OtherExpensesGrp/ProgramServicesAmt317750
IRS990/OtherExpensesGrp/TotalAmt070751
IRS990/OtherExpensesGrp/TotalAmt142985
IRS990/OtherExpensesGrp/TotalAmt240351
IRS990/OtherExpensesGrp/TotalAmt333030
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt047059
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032976
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0143502
IRS990/OtherSalariesAndWagesGrp/TotalAmt0223537
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07392
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05179
IRS990/PayrollTaxesGrp/ProgramServicesAmt022539
IRS990/PayrollTaxesGrp/TotalAmt035110
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0446320
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0130000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01190
IRS990/PrincipalOfficerNm0HAL BOWLING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0301101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0301101
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01373193
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06942
IRS990/PYInvestmentIncomeAmt01493
IRS990/PYOtherExpensesAmt0752654
IRS990/PYOtherRevenueAmt02500
IRS990/PYProgramServiceRevenueAmt0217574
IRS990/PYRevenuesLessExpensesAmt0337034
IRS990/PYSalariesCompEmpBnftPaidAmt0498130
IRS990/PYTotalExpensesAmt01257726
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01594760
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-535802
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt081537
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0301101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0614905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01373193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01069051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0763001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0857663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04677813
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98790
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04621369
IRS990ScheduleA/SubstantialContributorsTotAmt056444
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0614905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01373193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01069051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0763001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0857663
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04677813
IRS990ScheduleA/TotalSupportAmt04677813
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02473225
IRS990ScheduleD/BuildingsGrp/DepreciationAmt080164
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02553389
IRS990ScheduleD/EquipmentGrp/BookValueAmt0129512
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081061
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0210573
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01534891
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0456900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0456900
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0999089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE REQUIREMENTS OF PROFESSIONAL LITERATURE IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THIS GUIDANCE, THE ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. INFORMATION RETURNS FOR TAX YEARS 2021 AND BEYOND REMAIN SUBJECT TO EXAMINATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03059637
IRS990ScheduleD/TotalExpensesPerForm990Amt01534891
IRS990ScheduleD/TotalRevenuePerForm990Amt0999089
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0999089
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01534891
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TERNAE JORDAN SR, BOARD MEMBER, IS THE FATHER OF DEJUAN JORDAN, CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 SUBMITTED TO BOARD TO REVIEW 990 PRIOR TO ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION ARRANGEMENTS ARE BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES AND ALL ARRANGEMENTS ARE VOTED ON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR: PROGRAM SERVICE EXPENSES 155,549. MANAGEMENT AND GENERAL EXPENSES 48,276. FUNDRAISING EXPENSES 15,842. TOTAL EXPENSES 219,667. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 5,623. MANAGEMENT AND GENERAL EXPENSES 5,878. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,501.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01678542
IRS990/TotalAssetsEOYAmt03447753
IRS990/TotalAssetsGrp/BOYAmt01678542
IRS990/TotalAssetsGrp/EOYAmt03447753
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0614905
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0165680
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0354997

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,447,753
Liabilities
$2,936,421
Net assets
$511,332
Revenue
$999,089
Expenses
$1,534,891
Net income
-$535,802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.45$2.94$0.51$1.00$1.53$0.54
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.63$1.05$1.59$1.26$0.34
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.61$0.71$1.18$0.98$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.19$0.51$0.88$1.05$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.17$0.68$1.00$0.91$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$0.88$0.69$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.53$0.81$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.68$0.65$0.78$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.81$0.55$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$0.61$0.49$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.16$0.53$0.38$0.14
2013Summary only. Only limited summary data is available for this year.$0.05$0.04$0.01$0.28$0.28$0.00
2012Summary only. Only limited summary data is available for this year.$0.04$0.03$0.15$0.19$0.04
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.13$0.07$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits