Civic Intelligence

The Laundry Stop Inc

EIN 83-3212806 • 501(c)3 • Franklin, TN

Profile

To help restore dignity and hope to those in need by providing an excellent mobile laundry service. We commit to build relationships and meet additional needs as we discover them.

PO Box 544Franklin, TN 37065

thelaundrystop.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$26,923

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 43.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

79%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $68,213 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $68,213 (-100%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin18th percentile

Revenue

Up

$61,477

Up $27,182 (+79%) from 2023

Expenses

Down

$82,423

Down $7,782 (-8.6%) from 2023

Net Income

Up

-$20,946

Up $34,964 (+63%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2022: $124,123Liabilities 2022: $0Net Assets 2022: $124,1232022Assets 2023: $68,213Liabilities 2023: $0Net Assets 2023: $68,2132023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2022: $153,887Expenses 2022: $84,781Net Income 2022: $69,1062022Revenue 2023: $34,295Expenses 2023: $90,205Net Income 2023: -$55,9102023Revenue 2024: $61,477Expenses 2024: $82,423Net Income 2024: -$20,9462024

Highlighted filing

2024

Revenue$61,477
Expenses$82,423
Net Income-$20,946
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$61,477
Expenses
$82,423
Net income
-$20,946
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.61$0.82$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.34$0.90$0.56
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$1.54$0.85$0.69
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 23, 2024
Signed
May 19, 2025
Return Version
2024v5.0
Gross Receipts
$61,477
Mission and Program Overview

Mission

To help restore dignity and hope to those in need by providing an excellent mobile laundry service. We commit to build relationships and meet additional needs as we discover them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$43,804--
Land, Buildings, and Equipment, Net$24,409--
Total Assets$68,213$0▼ $68,213
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$68,213--
Total Net Assets Fund Balance$68,213$0▼ $68,213
Total Liabilities and Net Assets / Fund Balance$68,213$0▼ $68,213
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeanette LeachSecretaryPT$26,923$26,923

Board Members and Trustees

NameTitle
Jasmine McclarneyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$61,477
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,477
Change in Net Assets
$-20,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,006
Salaries, Compensation, and Employee Benefits$30,717
Grants and Similar Amounts Paid$700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$26,923--$26,923
Office Expenses$11,439--$11,439
Fees for Services Accounting$7,488--$7,488
Insurance$5,393--$5,393
Depreciation Depletion$4,882--$4,882
All Other Expenses$3,981--$3,981
Fees for Services Legal$2,800--$2,800
Payroll Taxes$2,102--$2,102
Advertising$1,928--$1,928
Other Employee Benefits$1,692--$1,692
Other Expenses$1,200--$1,200
Grants to Domestic Individuals$700--$700
Travel$517--$517
Total Functional Expenses$82,423$0$0$82,423
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Form 990 is provided to the board for review before filed with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Compliance is monitored and enforced through periodic reviews”

Form 990, Page 6, Part VI, Line 15B

“Compensation is fixed by the board of directors”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
The Laundry Stop Inc
EIN
83-3212806
Address
PO BOX 544, FRANKLIN, TN 37065

Signing Officer

Name
Jasmine Mcclarney
Title
President
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jasmine Mcclarney
Formed
2019
Legal Domicile
Tn
Voting Board Members
2
Independent Board Members
1
Employees
1
Volunteers
30

Preparer

Firm
Moyer & Company LLC
Address
202 3RD AVE N, FRANKLIN, TN 37064
Preparer
Tammy Wisdom CPA
Phone
6152248400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“-47,267”

Raw XML Appendix326 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/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/FormationYr02019
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IRS990/IndependentVotingMemberCnt01
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IRS990/IRPDocumentCnt03
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt024409
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IRS990/NetAssetsOrFundBalancesBOYAmt068213
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IRS990/OtherExpensesGrp/Desc1STORAGE RENTAL
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IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT EXPENSE
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IRS990/PartialLiquidationInd0true
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/ProfessionalFundraisingInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 544
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037065
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471448007
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOYER & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 3RD AVE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037064
ReturnHeader/PreparerPersonGrp/PhoneNum06152248400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAMMY WISDOM CPA
ReturnHeader/ReturnTs02025-05-19T08:47:01-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-23
ReturnHeader/TaxYr02024

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