Civic Intelligence

Launch Point CDC Inc

990EZ • Fiscal year 2015 • EIN 76-0400074

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization Profilewww.thelaunchcenter.org
5409 Van Zandt StHouston, TX 77016

(832) 441-1711

Siviq Scores

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

Liabilities / Assets

86th percentile

0.35x

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

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

Liabilities / Revenue

78th percentile

0.07x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

55th percentile

5.2%

Higher net margin than 55% 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

94th percentile

161%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$22,588

Up $13,940 (+161%) from 2014

Net Assets

$14,731

No earlier filing loaded for comparison.

Liabilities

Up

$7,857

Up $7,857 from 2014

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin55th percentile

Revenue

Up

$115,905

Up $15,119 (+15%) from 2014

Expenses

Up

$109,822

Up $13,113 (+14%) from 2014

Net Income

Up

$6,083

Up $2,006 (+49%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$150K$100K$50K$0Assets 2014: $8,648Liabilities 2014: $02014Assets 2015: $22,588Liabilities 2015: $7,857Net Assets 2015: $14,7312015Assets 2016: $21,755Liabilities 2016: $02016Assets 2018: $112,737Liabilities 2018: $19,888Net Assets 2018: $92,8492018Assets 2022: $81,775Liabilities 2022: $0Net Assets 2022: $81,7752022Assets 2023: $2,871Liabilities 2023: $0Net Assets 2023: $2,8712023Assets 2024: $29,962Liabilities 2024: $0Net Assets 2024: $29,9622024

Highlighted filing

2015

Assets$22,588
Liabilities$7,857
Net Assets$14,731
Open 2015 Filing

Operations Trend

Revenue Growth68th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $100,786Expenses 2014: $96,709Net Income 2014: $4,0772014Revenue 2015: $115,905Expenses 2015: $109,822Net Income 2015: $6,0832015Revenue 2016: $185,259Expenses 2016: $177,475Net Income 2016: $7,7842016Revenue 2018: $243,486Expenses 2018: $144,993Net Income 2018: $98,4932018Revenue 2022: $835,272Expenses 2022: $753,497Net Income 2022: $81,7752022Revenue 2023: $384,761Expenses 2023: $463,665Net Income 2023: -$78,9042023Revenue 2024: $869,161Expenses 2024: $842,070Net Income 2024: $27,0912024

Highlighted filing

2015

Revenue$115,905
Expenses$109,822
Net Income$6,083
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$115,905
Mission and Program Overview

Mission

Launch Point CDC is a non-profit organization based in Northeast Houston. Our mission is to empower individuals and families in underserved communities to reach their full potential through access to education, job training, and community development initiatives.

Launch Point CDC, Inc. is a social service referral organization.

Program Services

DescriptionGrantsExpenses
To promote autonomy, self-sufficiency, social and personal responsibility and good citizenship by providing information, education and resources to youth, adults and communities.$109,822-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ivory MayhornCEO-$0--
Filing and Contact Details

Filer

Filer Name
Launch Point CDC Inc
EIN
76-0400074
Phone
8324411711
Address
5409 Van Zandt St, Houston, TX 77016

Signing Officer

Name
Ivory Mayhorn
Title
CEO
Signed
2016-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Cornelius Stegent & Price LLP
Address
24 East Greenway Plaza Suite 515, Houston, TX 77046-2406
Preparer
Donellen G Cornelius
Phone
7138409300
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2199”

Other Expenses.1005

“Travel $1497”

Other Expenses.1008

“Interest $421”

Other Expenses.1012

“Insurance $1018”

Other Expenses.1

“Supplies $13820”

Other Expenses.2

“Special Event Expense $6655”

Other Expenses.3

“Meals & Entertainment $6294”

Other Expenses.4

“Utilities $5272”

Other Expenses.5

“Training $1885”

Other Expenses.7

“Repairs $163”

Other Expenses.9

“Bank Fees $41”

Other Expenses.10

“Parking $34”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $7857”

Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jackie Mayhorn
IRS990EZ/BooksInCareOfDetail/PhoneNum08324411711
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05409 Van Zandt St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077016
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08648
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022588
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0115905
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06083
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt045182
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08648
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022588
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0115905
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08648
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014731
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08648
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014731
IRS990EZ/OccupancyRentUtltsAndMaintAmt024800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ivory Mayhorn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt039299
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Launch Point CDC, Inc. is a social service referral organization.
IRS990EZ/PrintingPublicationsPostageAmt0541
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To promote autonomy, self-sufficiency, social and personal responsibility and good citizenship by providing information, education and resources to youth, adults and communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0109822
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07857
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109822
IRS990EZ/TotalProgramServiceExpensesAmt0109822
IRS990EZ/TotalRevenueAmt0115905
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thelaunchcenter.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0115905
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0100786
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0216691
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0216691
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115905
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0100786
IRS990ScheduleA/Total509Grp/TotalAmt0216691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0100786
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0216691
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2199
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $421
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies $13820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Special Event Expense $6655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals & Entertainment $6294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Utilities $5272
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Training $1885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Repairs $163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank Fees $41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Parking $34
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $7857
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1008
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ivory Mayhorn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Launch Point CDC Inc
ReturnHeader/Filer/BusinessNameControlTxt0LAUN
ReturnHeader/Filer/EIN0760400074
ReturnHeader/Filer/PhoneNum08324411711
ReturnHeader/Filer/USAddress/AddressLine1Txt05409 Van Zandt St
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077016
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cornelius Stegent & Price LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 East Greenway Plaza Suite 515
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770462406
ReturnHeader/PreparerPersonGrp/PhoneNum07138409300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donellen G Cornelius
ReturnHeader/ReturnTs02016-11-15T14:24:10-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,588
Liabilities
$7,857
Net assets
$14,731
Revenue
$115,905
Expenses
$109,822
Net income
$6,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$8.69$8.42$0.27
2023Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$3.85$4.64$0.79
2022Summary only. Only limited summary data is available for this year.$0.82$0.00$0.82$8.35$7.53$0.82
2018Summary only. Only limited summary data is available for this year.$1.13$0.20$0.93$2.43$1.45$0.98
2016Summary only. Only limited summary data is available for this year.$0.22$0.00$1.85$1.77$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.08$0.15$1.16$1.10$0.06
2014Summary only. Only limited summary data is available for this year.$0.09$0.00$1.01$0.97$0.04