Civic Intelligence

Launchability Inc

990 • Fiscal year 2013 • EIN 75-1189353

Sep 01, 2012 to Aug 31, 2013 • Filed on Jul 15, 2014

Organization ProfileWWW.LAUNCHABILITY.ORG

View Organization Page

4350 Sigma RoadSuite 100Plano, TX 75244
Siviq Scores

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

Liabilities / Assets

59th percentile

0.30x

Higher debt load relative to assets than 59% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

26th percentile

0.06x

Higher debt load relative to revenue than 26% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

24th percentile

-5.3%

Higher net margin than 24% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

85th percentile

38%

Faster revenue growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$1,667,304

Down $303,636 (-15%) from 2012

Net Assets

Down

$1,166,212

Down $370,592 (-24%) from 2012

Liabilities

Up

$501,092

Up $66,956 (+15%) from 2012

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin24th percentile

Revenue

$7,786,023

No earlier filing loaded for comparison.

Expenses

Down

$8,195,343

Down $926,058 (-10%) from 2012

Net Income

-$409,320

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,247,232Liabilities 2010: $213,745Net Assets 2010: $1,033,4872010Assets 2011: $1,357,871Liabilities 2011: $410,219Net Assets 2011: $947,6522011Assets 2012: $1,970,940Liabilities 2012: $434,136Net Assets 2012: $1,536,8042012Assets 2013: $1,667,304Liabilities 2013: $501,092Net Assets 2013: $1,166,2122013Assets 2014: $305,346Liabilities 2014: $329,673Net Assets 2014: -$24,3272014Assets 2015: $212,125Liabilities 2015: $123,753Net Assets 2015: $88,3722015Assets 2016: $130,592Liabilities 2016: $21,358Net Assets 2016: $109,2342016Assets 2017: $59,094Liabilities 2017: $128,421Net Assets 2017: -$69,3272017

Highlighted filing

2013

Assets$1,667,304
Liabilities$501,092
Net Assets$1,166,212
Open 2013 Filing

Operations Trend

Revenue Growth85th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,820,3592010Revenue 2011: $4,071,890Expenses 2011: $4,155,801Net Income 2011: -$83,9112011Expenses 2012: $9,121,4012012Revenue 2013: $7,786,023Expenses 2013: $8,195,343Net Income 2013: -$409,3202013Revenue 2014: $8,416,882Expenses 2014: $9,607,421Net Income 2014: -$1,190,5392014Revenue 2015: $1,251,364Expenses 2015: $1,138,665Net Income 2015: $112,6992015Revenue 2016: $939,829Expenses 2016: $918,967Net Income 2016: $20,8622016Revenue 2017: $768,589Expenses 2017: $947,150Net Income 2017: -$178,5612017

Highlighted filing

2013

Revenue$7,786,023
Expenses$8,195,343
Net Income-$409,320
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Jul 15, 2014
Return Version
2012v2.3
Gross Receipts
$8,012,837
Mission and Program Overview

Mission

We are committed to opening hearts and minds to what those with disabilities can do and highlight the previously unrecognized diverse abilities. By exemplifying these abilities we support growth in our community and focus the opportunities of our clients through careers that will ultimately lead to a greater level of confidence and independence.

Major Activities

Activity 2
Supported employment services - this was one of the first programs in texas to train adults with cognitive disabilities for meaningful jobs and match them with companies needing their skills. We help adults with intellectual disabilities; brain injury and other cognitive disabilities find meaningful employment and build independence. Our services include assessment of client skills and interests, career planning, job placement, onsite training and ongoing assistance after the person is on the job. Supported employment with follow-up assistance works; it is a proven method for adults with mental retardation to achieve success in the workforce. Lauchability transforms the lives of these adults, helping tax consumers become taxpayers. In 2012, the program served nearly 150 adults with cognitive disabilities. Our service area includes dallas, collin, and denton counties.
Filing and Contact Details

Filer

EIN
75-1189353
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Document Assets

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Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,667,304
Liabilities
$501,092
Net assets
$1,166,212
Revenue
$7,786,023
Expenses
$8,195,343
Net income
-$409,320
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.13$0.07$0.77$0.95$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$0.94$0.92$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.12$0.09$1.25$1.14$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.33$0.02$8.42$9.61$1.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.50$1.17$7.79$8.20$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.43$1.54$9.12
2011Summary only. Only limited summary data is available for this year.$1.36$0.41$0.95$4.07$4.16$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.21$1.03$3.82