Civic Intelligence

Launch High School

990 • Fiscal year 2014 • EIN 46-2658524

Jul 01, 2013 to Jun 30, 2014 • Filed on Mar 31, 2016

1812 N El Paso Street80907

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.48x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$33,038

No earlier filing loaded for comparison.

Net Assets

$17,164

No earlier filing loaded for comparison.

Liabilities

$15,874

No earlier filing loaded for comparison.

Revenue

$84,340

No earlier filing loaded for comparison.

Expenses

$67,176

No earlier filing loaded for comparison.

Net Income

$17,164

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2014: $33,038Liabilities 2014: $15,874Net Assets 2014: $17,1642014Assets 2015: $13,812Liabilities 2015: $2,613Net Assets 2015: $11,1992015Assets 2016: $203,124Liabilities 2016: $31,803Net Assets 2016: $171,3212016Assets 2017: $1,319,643Liabilities 2017: $1,525,033Net Assets 2017: -$205,3902017Assets 2018: $2,038,078Liabilities 2018: $3,977,919Net Assets 2018: -$1,939,8412018Assets 2019: $1,163,530Liabilities 2019: $3,327,121Net Assets 2019: -$2,163,5912019Assets 2020: $468,734Liabilities 2020: $2,895,671Net Assets 2020: -$2,426,9372020Assets 2021: $435,094Liabilities 2021: $2,557,307Net Assets 2021: -$2,122,2132021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$33,038
Liabilities$15,874
Net Assets$17,164

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2014: $84,340Expenses 2014: $67,176Net Income 2014: $17,1642014Revenue 2015: $65,975Expenses 2015: $71,940Net Income 2015: -$5,9652015Revenue 2016: $459,134Expenses 2016: $299,012Net Income 2016: $160,1222016Revenue 2017: $1,279,500Expenses 2017: $1,656,211Net Income 2017: -$376,7112017Revenue 2018: $1,260,461Expenses 2018: $2,473,620Net Income 2018: -$1,213,1592018Revenue 2019: $1,750,412Expenses 2019: $1,974,162Net Income 2019: -$223,7502019Revenue 2020: $1,209,752Expenses 2020: $1,473,098Net Income 2020: -$263,3462020Revenue 2021: $1,099,102Expenses 2021: $794,378Net Income 2021: $304,7242021Revenue 2022: $2,237,946Expenses 2022: $115,733Net Income 2022: $2,122,2132022

Highlighted filing

2014

Revenue$84,340
Expenses$67,176
Net Income$17,164
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Mar 31, 2016
Return Version
2013v4.0
Gross Receipts
$84,340
Mission and Program Overview

Mission

Empowering graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity.

Empowers graduates with academic and entrepreneurial knowledge as well as skills and resources, so they can create and capitalize on opportunities in pursuit of their passions towards social and economic prosperity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$30,532-
Rtn Earn Endowment Incm Other Fnds$0$17,164▲ $17,164
Savings and Temporary Cash Investments-$2,506-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$33,038▲ $33,038
Liabilities
Accounts Payable and Accrued Expenses-$15,874-
Total Liabilities$0$15,874▲ $15,874
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$17,164▲ $17,164
Total Liabilities and Net Assets / Fund Balance$0$33,038▲ $33,038
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$82,105
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$2,234
All Other Contributions
$82,105
Change in Net Assets
$17,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,176
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
Advertising$21,246--$21,246
Fees for Services Legal-$7,082-$7,082
Occupancy-$1,800-$1,800
Office Expenses$1,384--$1,384
Interest-$1,258-$1,258
Travel-$689-$689
Other Expenses$595--$595
All Other Expenses-$155-$155
Total Functional Expenses$56,192$10,984$0$67,176
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

Copies of the Form 990 are provided to board members for approval before filing.

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

Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements conform to school policies.

Form 990, Part VI, Section C, line 19

Financial information for of the organization can be obtained from John Shepherd.

Filing and Contact Details

Filer

EIN
46-2658524
Phone
8778295500

Signing Officer

Name
John Shepherd
Title
Treasurer
Phone
8778295500
Signed
2016-03-31
Discuss with paid preparer
No

Organization Details

Principal Officer
John Shepherd
Formed
2013
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
27

Preparer

Preparer
Thomas G Sistare
Phone
7196301091
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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/Form990PartVIISectionAGrp/PersonNm2Brad Casai
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copies of the Form 990 are provided to board members for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements conform to school policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Financial information for of the organization can be obtained from John Shepherd.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
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ReturnHeader/Filer/USAddress/City0Colorado Springs
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode080907
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300514455
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Hoelting & Company Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1031 E Platte Ave Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode080903
ReturnHeader/PreparerPersonGrp/PhoneNum07196301091
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas G Sistare
ReturnHeader/ReturnTs02016-03-31T17:26:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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