Launch Point CDC Inc.

990 • Fiscal year 2023 • EIN 76-0400074

Jan 01, 2023 to Dec 31, 2023

Organization Profile www.thelaunchcenter.org

Houston, TX

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-21%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

No value available

This filing does not contain officer compensation rows.

Source year 2023

-96%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

-54%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets64th percentile

Assets

Down

$2,871

Down $78,904 (-96%) from 2022

Net Assets

Down

$2,871

Down $78,904 (-96%) from 2022

Liabilities

Flat

Flat from 2022

Revenue And Expenses

Liabilities / Revenue63rd percentile Net Margin19th percentile

Revenue

Down

$384,761

Down $450,511 (-54%) from 2022

Expenses

Down

$463,665

Down $289,832 (-38%) from 2022

Net Income

Down

-$78,904

Down $160,679 (-196%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2023

Assets$2,871

Liabilities$0

Net Assets$2,871

Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

Highlighted filing

2023

Revenue$384,761

Expenses$463,665

Net Income-$78,904

Open 2023 Filing

Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023

Mission and Program Overview

Mission

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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $2,871
Liabilities: $0
Net assets: $2,871
Revenue: $384,761
Expenses: $463,665
Net income: -$78,904

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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