Civic Intelligence

Vet Launch

990EZ • Fiscal year 2015 • EIN 47-2794541

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

625 Celeste StreetNew Orleans, LA 70130

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

99th percentile

7.75x

Higher debt load relative to assets than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

2.81x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

3rd percentile

-207%

Higher net margin than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$11,507

No earlier filing loaded for comparison.

Net Assets

-$77,638

No earlier filing loaded for comparison.

Liabilities

$89,145

No earlier filing loaded for comparison.

Revenue

$31,743

No earlier filing loaded for comparison.

Expenses

$97,565

No earlier filing loaded for comparison.

Net Income

-$65,822

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.

$100K$50K$0-$50K-$100KAssets 2015: $11,507Liabilities 2015: $89,145Net Assets 2015: -$77,6382015Assets 2016: $399Liabilities 2016: $79,3552016Assets 2017: $9,521Liabilities 2017: $89,5002017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$11,507
Liabilities$89,145
Net Assets-$77,638

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2015: $31,743Expenses 2015: $97,565Net Income 2015: -$65,8222015Revenue 2016: $43,618Expenses 2016: $44,157Net Income 2016: -$5392016Revenue 2017: $13,904Expenses 2017: $14,927Net Income 2017: -$1,0232017Revenue 2018: $85,443Expenses 2018: $5,464Net Income 2018: $79,9792018

Highlighted filing

2015

Revenue$31,743
Expenses$97,565
Net Income-$65,822
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$73,756
Mission and Program Overview

Mission

Vetlaunch provides our veterans with the ability to make a positive transition from military life to civilian life. Vetlaunch is veterans taking care of veterans.

Program Services

DescriptionGrantsExpenses
FROM BUSINESS START-UP HELP TO HOUSING, JOB TRAINING AND PLACEMENT, VET LAUNCH PROVIDES RESOURCES TO EFFECTIVELY HELP VETERANS MAKE THE TRANSITION FROM MILITARY TO CIVILIAN LIFE.$0$87,809
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT ARMBRUSTERChairmanPT$0--
WILLIAM RYANBoard Member-$0--
JOSEPH BONAVITABoard Member-$0--
ROBERT RUBINBoard Member-$0--
DAVID STRAUSBoard Member-$0--
SAMMYE PISANIBoard Member-$0--
PEYTON BUSHBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser$23,380$7,700$4,558$3,142
Total Events$23,380$7,700$42,013$-34,313
Filing and Contact Details

Filer

Filer Name
Vet Launch
EIN
47-2794541
Phone
8778295500
Address
625 CELESTE STREET, NEW ORLEANS, LA 70130

Signing Officer

Name
Robert Armbruster
Title
Chariman
Phone
5042326505
Signed
2016-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Laporte Apac
Address
5100 VILLAGE WALK SUITE 300, COVINGTON, LA 70433
Preparer
SEAN O'NEILL CPA
Phone
9858925850
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,154. Description: other expenses. Amount: 16,359. Total to form 990-ez, line 14: 17,513.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: business registration fee. Amount: 415. Description: bank fees. Amount: 238. Description: office supplies. Amount: 5,708. Description: insurance. Amount: 4,321. Description: computer & internet. Amount: 498. Description: meals. Amount: 1,793. Description: casual labor. Amount: 206. Total to form 990-ez, line 16: 13,179.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: transfer of net assets from vetlaunch private foundation. Amount: -11,816.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from vetlaunch private foundation. Beg. Of year amount: 0. End of year amount: 780. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 6,286.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to 625 celeste, llc. Beg. Of year amount: 0. End of year amount: 1,626. Description: due to balla capital, llc. Beg. Of year amount: 0. End of year amount: 250. Description: due to fin's construction. Beg. Of year amount: 0. End of year amount: 87,269.

Raw XML Appendix217 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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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0VETLAUNCH PROVIDES OUR VETERANS WITH THE ABILITY TO MAKE A POSITIVE TRANSITION FROM MILITARY LIFE TO CIVILIAN LIFE. VETLAUNCH IS VETERANS TAKING CARE OF VETERANS.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1625 CELESTE LLC
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OWNED BY ROBERT ARMBRUSTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OWNED BY ROBERT ARMBRUSTER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 1,154. DESCRIPTION: OTHER EXPENSES. AMOUNT: 16,359. TOTAL TO FORM 990-EZ, LINE 14: 17,513.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BUSINESS REGISTRATION FEE. AMOUNT: 415. DESCRIPTION: BANK FEES. AMOUNT: 238. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 5,708. DESCRIPTION: INSURANCE. AMOUNT: 4,321. DESCRIPTION: COMPUTER & INTERNET. AMOUNT: 498. DESCRIPTION: MEALS. AMOUNT: 1,793. DESCRIPTION: CASUAL LABOR. AMOUNT: 206. TOTAL TO FORM 990-EZ, LINE 16: 13,179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TRANSFER OF NET ASSETS FROM VETLAUNCH PRIVATE FOUNDATION. AMOUNT: -11,816.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE FROM VETLAUNCH PRIVATE FOUNDATION. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 780. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,286.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: DUE TO 625 CELESTE, LLC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,626. DESCRIPTION: DUE TO BALLA CAPITAL, LLC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 250. DESCRIPTION: DUE TO FIN'S CONSTRUCTION. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 87,269.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT ARMBRUSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHARIMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05042326505
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VET LAUNCH
ReturnHeader/Filer/BusinessNameControlTxt0VETL
ReturnHeader/Filer/EIN0472794541
ReturnHeader/Filer/PhoneNum08778295500
ReturnHeader/Filer/USAddress/AddressLine1Txt0625 CELESTE STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721088864
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAPORTE APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05100 VILLAGE WALK SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COVINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070433
ReturnHeader/PreparerPersonGrp/PhoneNum09858925850
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN O'NEILL CPA
ReturnHeader/ReturnTs02016-11-15T14:01:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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