Civic Intelligence

The Launchcode Foundation

990 • Fiscal year 2017 • EIN 47-1718432

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Organization ProfileWWW.LAUNCHCODE.ORG

View Organization Page

4811 Delmar BlvdSaint Louis, MO 63108

(314) 254-0107

Siviq Scores

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

Liabilities / Assets

39th percentile

0.09x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$134,751

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

95th percentile

74%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

89th percentile

63%

Faster revenue growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$2,871,338

Up $1,224,089 (+74%) from 2016

Net Assets

Up

$2,625,255

Up $1,165,704 (+80%) from 2016

Liabilities

Up

$246,083

Up $58,385 (+31%) from 2016

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin76th percentile

Revenue

Up

$6,766,235

Up $2,623,615 (+63%) from 2016

Expenses

Up

$5,581,284

Up $1,272,274 (+30%) from 2016

Net Income

Up

$1,184,951

Up $1,351,341 (+812%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$30M$20M$10M$0Assets 2014: $144,193Liabilities 2014: $19,503Net Assets 2014: $124,6902014Assets 2015: $1,825,100Liabilities 2015: $199,159Net Assets 2015: $1,625,9412015Assets 2016: $1,647,249Liabilities 2016: $187,698Net Assets 2016: $1,459,5512016Assets 2017: $2,871,338Liabilities 2017: $246,083Net Assets 2017: $2,625,2552017Assets 2018: $5,140,840Liabilities 2018: $310,573Net Assets 2018: $4,830,2672018Assets 2019: $8,231,731Liabilities 2019: $1,002,006Net Assets 2019: $7,229,7252019Assets 2020: $15,462,417Liabilities 2020: $3,633,669Net Assets 2020: $11,828,7482020Assets 2021: $16,718,030Liabilities 2021: $666,223Net Assets 2021: $16,051,8072021Assets 2022: $21,183,312Liabilities 2022: $4,268,644Net Assets 2022: $16,914,6682022Assets 2023: $19,414,868Liabilities 2023: $4,852,525Net Assets 2023: $14,562,3432023Assets 2024: $17,043,325Liabilities 2024: $4,612,676Net Assets 2024: $12,430,6492024

Highlighted filing

2017

Assets$2,871,338
Liabilities$246,083
Net Assets$2,625,255
Open 2017 Filing

Operations Trend

Revenue Growth89th percentile

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

$20M$10M$0-$10MRevenue 2014: $241,442Expenses 2014: $116,752Net Income 2014: $124,6902014Revenue 2015: $3,697,507Expenses 2015: $2,210,257Net Income 2015: $1,487,2502015Revenue 2016: $4,142,620Expenses 2016: $4,309,010Net Income 2016: -$166,3902016Revenue 2017: $6,766,235Expenses 2017: $5,581,284Net Income 2017: $1,184,9512017Revenue 2018: $10,884,872Expenses 2018: $8,679,860Net Income 2018: $2,205,0122018Revenue 2019: $15,054,549Expenses 2019: $12,655,091Net Income 2019: $2,399,4582019Revenue 2020: $17,415,246Expenses 2020: $12,816,223Net Income 2020: $4,599,0232020Revenue 2021: $16,796,933Expenses 2021: $12,573,874Net Income 2021: $4,223,0592021Revenue 2022: $18,627,077Expenses 2022: $17,703,986Net Income 2022: $923,0912022Revenue 2023: $14,490,438Expenses 2023: $16,986,776Net Income 2023: -$2,496,3382023Revenue 2024: $13,004,552Expenses 2024: $15,250,237Net Income 2024: -$2,245,6852024

Highlighted filing

2017

Revenue$6,766,235
Expenses$5,581,284
Net Income$1,184,951
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$6,826,256
Mission and Program Overview

Mission

Launchcode is a nonprofit organization dedicated to creating economic opportunity for aspiring developers through job placement and training in technology.

To increase job opportunities in technology for individuals lacking traditional education/background.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$759,422$1,790,861▲ $1,031,439
Cash and Non-Interest-Bearing Accounts$814,759$758,335▼ $56,424
Savings and Temporary Cash Investments$0$300,051▲ $300,051
Pledges and Grants Receivable$23,000$0▼ $23,000
Land, Buildings, and Equipment, Net$32,063$19,977▼ $12,086
Prepaid Expenses and Deferred Charges$16,990$1,114▼ $15,876
Total Assets$1,647,249$2,871,338▲ $1,224,089
Other Assets Total$1,015$1,000▼ $15
Liabilities
Accounts Payable and Accrued Expenses$187,698$246,083▲ $58,385
Total Liabilities$187,698$246,083▲ $58,385
Net Assets / Fund Balance
Unrestricted Net Assets$343,435$2,262,463▲ $1,919,028
Temporarily Rstr Net Assets$1,116,116$362,792▼ $753,324
Total Net Assets Fund Balance$1,459,551$2,625,255▲ $1,165,704
Total Liabilities and Net Assets / Fund Balance$1,647,249$2,871,338▲ $1,224,089

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,977$26,380$46,357
Leasehold Improvements$0$37,035$37,035
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff MazurExecutive Director (eff. 8/17)FT$121,221$13,530$134,751
Lori RasmussenVP of People Operations & FinanceFT$92,085$15,197$107,282
Mark BauerExecutive Director (res. 8/17)FT$99,563$6,065$105,628
Austin WoodsDirector of Finance (res. 6/17)FT$36,120$1,874$37,994

Board Members and Trustees

NameTitle
James MckelveyPresident
Everett JohnsonDirector
Holly BensonDirector
Michael GallagherDirector
Robin CarnahanDirector
Andrew HoyneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,038,215
Program Service Revenue
$3,723,696
Investment Income
$-1,294
Other Revenue
$5,618
All Other Contributions
$1,347,909
Change in Net Assets
$1,184,951

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$52,429Fair Market Value (FMV)
Other Non Cash Contri Table5$11,875Fair Market Value (FMV)
Total Noncash Contributions8$64,304-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,766,235
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$643,375
Total Revenue per Audited Statements
$7,409,610
Total Revenue per Form 990
$6,766,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,266,279
Other Expenses$1,315,005
Total Fundraising Expense$388,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,836,661$305,045$211,807$3,353,513
Fees for Services Other$596,024$24,212$18,412$638,648
Current Officers, Directors, Trustees, and Key Employees$281,528$69,418$34,709$385,655
Payroll Taxes$265,554$31,994$22,396$319,944
Other Employee Benefits$114,144$20,661$11,474$146,279
Office Expenses$69,243$38,332$11,733$119,308
Travel$82,982$21,142$9,841$113,965
Fees for Services Accounting-$68,866-$68,866
Information Technology$64,328$967$872$66,167
Fees for Services Lobbying--$64,998$64,998
Pension Plan Contributions$46,760$13,584$544$60,888
Occupancy$51,757$4,204$1,269$57,230
Advertising$45,943$275-$46,218
Insurance$290$37,525-$37,815
Fees for Services Legal-$37,796-$37,796
Other Expenses$13,464$5,194$0$18,658
Depreciation Depletion$12,086--$12,086
Total Functional Expenses$4,514,014$679,215$388,055$5,581,284

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,243,906
Expenses per Audited Statements$5,581,284
Total Expenses per Form 990$5,581,284
Expenses Not Reported on Form 990$662,622
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,592
Fundraising Gross Income$3,690
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$32,904$3,690$700$2,990
Total Events$32,904$3,690$7,592$-3,902
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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 A, Line 4

“The board voted in 2017 to expand the board of directors from five members to eight members.”

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

“Form 990 is prepared by the outside accounting firm based upon the audited financial statements. A draft of form 990 is provided to the vp of finance for review. Changes, if any, are made and a copy of the return is distributed to the board members for their review before filing with irs.”

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

“Each director is required to annually review the policy and report any conflicts of interest to the full board and management.”

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

“The organization had board members independent with respect to compensation issues use comparability data from similarly qualified persons in functionally comparable positions at similarly situated organizations to determine and contemporaneously document / record those decisions and deliberations regarding the compensation arrangement. This process was last conducted in the current filing tax year.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Launchcode Foundation
EIN
47-1718432
Phone
3142540107
Address
4811 DELMAR BLVD, SAINT LOUIS, MO 63108

Signing Officer

Name
Anthony Lloyd
Title
VP Finance & People Operations
Phone
3142540107
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Mckelvey
Formed
2014
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
169
Volunteers
255

Preparer

Firm
Brown Smith Wallace Llp
Address
6 CITYPLACE DRIVE SUITE 900, ST LOUIS, MO 63141
Preparer
Jennifer M Vacha
Phone
3149831200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 596,024. Management and general expenses 24,212. Fundraising expenses 18,412. Total expenses 638,648.”

FORM 990, PART XI, LINE 9:

“Bad debt expense -19,247.”

FORM 990, PART XII, LINE 2C:

“The launchcode board of directors is responsible for choosing the independent auditor and overseeing the process. This process has not changed since prior year.”

Financial Statement Notes

PART X, LINE 2:

“Launchcode foundation constitutes a qualified not-for-profit organization under section 501(c)(3) of the internal revenue code and is, therefore, exempt from federal income taxes. In accordance with accounting principles generally accepted in the united states of america, launchcode uses a loss contingency approach for evaluating uncertain tax positions. Management continually evaluates expiring statute of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Launchcode has evaluated its tax positions, expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings and believes that no provision for income taxes is necessary, at this time, to cover any uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue shown netted against expenses 7,592.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Revenue shown netted against expenses 7,592. Bad debt expense 19,247.”

Raw XML AppendixShowing 400 of 549 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/Desc0LAUNCHCODE INCREASES ECONOMIC OPPORTUNITY AND UPWARD MOBILITY BY PLACING DRIVEN INDIVIDUALS INTO TECHNOLOGY APPRENTICESHIPS AND JOBS BASED ON APTITUDE, PROFESSIONALISM, AND SKILLS. IN 2017, WE WORKED WITH HUNDREDS OF COMPANIES AND EDUCATION PARTNERS TO HELP OUR CANDIDATES OVERCOME TRADITIONAL BARRIERS TO EMPLOYMENT SUCH AS FORMAL DEGREES OR YEARS OF JOB EXPERIENCE, PLACING 282 INDIVIDUALS INTO APPRENTICESHIPS OR PERMANENT JOBS IN TECHNOLOGY. IN PURSUIT OF THIS GOAL, LAUNCHCODE RECEIVED SUBSTANTIAL IN-KIND SUPPORT (RENT, CONSULTING, ACCOUNTING AND LEGAL SERVICES, MENTORING, DIGITAL MARKETING AND SOFTWARE LICENSES FOR APPRENTICESHIP CANDIDATES) VALUED AT $635,783.SEE SCHEDULE O FOR MORE INFORMATION REGARDING NEW PROGRAMS OFFERED.FOR THE FIRST TIME IN 2017, LAUNCHCODE OFFERED "IMMERSIVE CODECAMP" AS A NEW EDUCATION PROGRAM. LAUNCHCODE ALSO WELCOMED NEW OFFICES IN PORTLAND, OREGON; SEATTLE, WASHINGTON AND TAMPA, FLORIDA TO EDUCATE PEOPLE AND OFFER APPRENTICESHIPS IN THOSE MARKETS.
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IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0872
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0967
IRS990/InformationTechnologyGrp/ProgramServicesAmt064328
IRS990/InformationTechnologyGrp/TotalAmt066167
IRS990/InsuranceGrp/ManagementAndGeneralAmt037525
IRS990/InsuranceGrp/ProgramServicesAmt0290
IRS990/InsuranceGrp/TotalAmt037815
IRS990/InvestmentIncomeGrp/ExclusionAmt051
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0128
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt063415
IRS990/LandBldgEquipBasisNetGrp/BOYAmt032063
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019977
IRS990/LandBldgEquipCostOrOtherBssAmt083392
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt052429
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LAUNCHCODE IS A NONPROFIT ORGANIZATION DEDICATED TO CREATING ECONOMIC OPPORTUNITY FOR ASPIRING DEVELOPERS THROUGH JOB PLACEMENT AND TRAINING IN TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01459551
IRS990/NetAssetsOrFundBalancesEOYAmt02625255
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1345
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1345
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3902
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3902
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt064214
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01269
IRS990/OccupancyGrp/ManagementAndGeneralAmt04204
IRS990/OccupancyGrp/ProgramServicesAmt051757
IRS990/OccupancyGrp/TotalAmt057230
IRS990/OfficeExpensesGrp/FundraisingAmt011733
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038332
IRS990/OfficeExpensesGrp/ProgramServicesAmt069243
IRS990/OfficeExpensesGrp/TotalAmt0119308
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01015
IRS990/OtherAssetsTotalGrp/EOYAmt01000
IRS990/OtherChangesInNetAssetsAmt0-19247
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011474
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020661
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114144
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0146279
IRS990/OtherExpensesGrp/Desc0PROGRAM CONTRACTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05194
IRS990/OtherExpensesGrp/ProgramServicesAmt033250
IRS990/OtherExpensesGrp/ProgramServicesAmt113464
IRS990/OtherExpensesGrp/TotalAmt033250
IRS990/OtherExpensesGrp/TotalAmt118658
IRS990/OtherRevenueMiscGrp/BusinessCd0624310
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09520
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09520
IRS990/OtherRevenueTotalAmt09520
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0211807
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0305045
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02836661
IRS990/OtherSalariesAndWagesGrp/TotalAmt03353513
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt022396
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031994
IRS990/PayrollTaxesGrp/ProgramServicesAmt0265554
IRS990/PayrollTaxesGrp/TotalAmt0319944
IRS990/PensionPlanContributionsGrp/FundraisingAmt0544
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013584
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt046760
IRS990/PensionPlanContributionsGrp/TotalAmt060888
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt023000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016990
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01114
IRS990/PrincipalOfficerNm0JAMES MCKELVEY
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/Desc0JOB PLACEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03723696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03723696
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02569992
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-587
IRS990/PYOtherExpensesAmt0896733
IRS990/PYOtherRevenueAmt06541
IRS990/PYProgramServiceRevenueAmt01566674
IRS990/PYRevenuesLessExpensesAmt0-166390
IRS990/PYSalariesCompEmpBnftPaidAmt03366553
IRS990/PYTotalExpensesAmt04309010
IRS990/PYTotalProfFndrsngExpnsAmt045724
IRS990/PYTotalRevenueAmt04142620
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01184951
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03723696
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03038215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02569992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02509057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt081527
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08198791
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06614090
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09520
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06541
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016857
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01093
IRS990ScheduleA/OtherIncome170Grp/TotalAmt034011
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55530
IRS990ScheduleA/PublicSupportPY170Pct00.40790
IRS990ScheduleA/PublicSupportTotal170Amt04571383
IRS990ScheduleA/SubstantialContributorsTotAmt03627408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03038215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02569992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02509057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt081527
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08198791
IRS990ScheduleA/TotalSupportAmt08232854
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesAmt064998
IRS990ScheduleC/OtherActivitiesInd01
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE LAUNCHCODE FOUNDATION WORKED WITH THE ADVOCACY GROUP AT CARDENAS PARTNERS TO SECURE PROGRAMMATIC FUNDING FROM THE DEPARTMENT OF ECONOMIC OPPORTUNITY. EFFORTS UNDERTAKEN COULD POTENTIALLY RESULT IN NEW STATE LEVEL LEGISLATION WHICH WOULD YIELD APPROPRIATION FUNDING FOR ORGANIZATIONAL PROGRAMMING NEEDS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt064998
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0635783
IRS990ScheduleD/DonatedServicesUseFcltsAmt0635783
IRS990ScheduleD/EquipmentGrp/BookValueAmt019977
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026380
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046357
IRS990ScheduleD/ExpensesNotReportedAmt0662622
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05581284
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt037035
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt037035
IRS990ScheduleD/OtherExpensesIncludedAmt026839
IRS990ScheduleD/OtherRevenueAmt07592
IRS990ScheduleD/RevenueNotReportedAmt0643375
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06766235
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LAUNCHCODE FOUNDATION CONSTITUTES A QUALIFIED NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, LAUNCHCODE USES A LOSS CONTINGENCY APPROACH FOR EVALUATING UNCERTAIN TAX POSITIONS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTE OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. LAUNCHCODE HAS EVALUATED ITS TAX POSITIONS, EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS AND BELIEVES THAT NO PROVISION FOR INCOME TAXES IS NECESSARY, AT THIS TIME, TO COVER ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE SHOWN NETTED AGAINST EXPENSES 7,592.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REVENUE SHOWN NETTED AGAINST EXPENSES 7,592. BAD DEBT EXPENSE 19,247.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019977
IRS990ScheduleD/TotalExpensesPerForm990Amt05581284
IRS990ScheduleD/TotalRevenuePerForm990Amt06766235
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07409610
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06243906
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CONSULTED ON SECURING STATE APPROPRIATIONS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0229609
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0229609
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0THE ADVOCACY GROUP AT CARDENAS PARTNERS LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt064998
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0204 SOUTH MONROE STREET
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0TALLAHASSEE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd032301
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt029214
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt029214
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07592
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03651
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03651
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01481
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032904
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032904

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,871,338
Liabilities
$246,083
Net assets
$2,625,255
Revenue
$6,766,235
Expenses
$5,581,284
Net income
$1,184,951
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$4.61$12.4$13.0$15.3$2.25
2023Summary only. Only limited summary data is available for this year.$19.4$4.85$14.6$14.5$17.0$2.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$4.27$16.9$18.6$17.7$0.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$0.67$16.1$16.8$12.6$4.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$3.63$11.8$17.4$12.8$4.60
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$1.00$7.23$15.1$12.7$2.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.31$4.83$10.9$8.68$2.21
2017Detailed filing. Detailed filing data is available for this year.$2.87$0.25$2.63$6.77$5.58$1.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.19$1.46$4.14$4.31$0.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.20$1.63$3.70$2.21$1.49
2014Summary only. Only limited summary data is available for this year.$0.14$0.02$0.12$0.24$0.12$0.12