Civic Intelligence

Launch Gurls

990EZ • Fiscal year 2020 • EIN 85-0908781

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

Organization ProfileWWW.LAUNCHGURLS.COM
21 Cedar StSomerville, MA 02143

(404) 863-7737

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.13x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$100,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 76.9% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

$15,251

No earlier filing loaded for comparison.

Net Assets

-$1,485

No earlier filing loaded for comparison.

Liabilities

$16,736

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin38th percentile

Revenue

$130,050

No earlier filing loaded for comparison.

Expenses

$131,535

No earlier filing loaded for comparison.

Net Income

-$1,485

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2020: $15,251Liabilities 2020: $16,736Net Assets 2020: -$1,4852020Assets 2021: $55,231Liabilities 2021: $10,065Net Assets 2021: $45,1662021Assets 2022: $126,868Liabilities 2022: $4,438Net Assets 2022: $122,4302022Assets 2024: $2,614Liabilities 2024: $756Net Assets 2024: $1,8582024

Highlighted filing

2020

Assets$15,251
Liabilities$16,736
Net Assets-$1,485
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2020: $130,050Expenses 2020: $131,535Net Income 2020: -$1,4852020Revenue 2021: $245,609Expenses 2021: $200,443Net Income 2021: $45,1662021Revenue 2022: $408,928Expenses 2022: $332,336Net Income 2022: $76,5922022Revenue 2024: $215,619Expenses 2024: $214,511Net Income 2024: $1,1082024

Highlighted filing

2020

Revenue$130,050
Expenses$131,535
Net Income-$1,485
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$130,050
Mission and Program Overview

Mission

To enable the economic empowerment of girls and young women around the world.

To ignite the confidence, creativity, and economic confidence of girls around the world.

Program Services

DescriptionGrantsExpenses
DEVELOPED THE GIRL BOSS BUSINESS PROGRAM WHICH INTRODUCES ADOLESCENT GIRLS AGES 14-24 TO ENTREPRENEURSHIP BY BECOMING ENTREPRENEURS OF THEIR OWN LIVES. GIRL BOSS BASICS IS A 10 WEEK PROGRAM THAT HELPS GIRLS UNDERTAND THEIR OWN SKILL, USE THEIR INTERESTS TO DEVELOP SHORT AND LONG-TERM PROFESSIONAL PLANS, CREATE PERSONAL BUDGETS, AND CONDUCT ELEVATOR PITCHES. GIRL BOSS BASICS IS CURRENTLY BEING PILOTED IN 9 COUNTRIES WITH 1500 GIRLS THROUGH THREE PARTNERS. THE ORGANIZATION CONTINUED TO GROW THEIR DIGITAL COMMUNITY AND PROVIDE GIRLS A SAFE SPACE ONLINE.--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AVERIL SPENCESPresidentFT$100,000-$100,000
KYLIE SCHUYLERTreasurer-$0--
DEBORAH JACKSONClerk Or Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Launch Gurls Corporation
EIN
85-0908781
Phone
4048637737
Address
21 CEDAR ST, SOMERVILLE, MA 02143

Signing Officer

Name
Averil Spencer
Title
President
Phone
4048637737
Signed
2021-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Block Advisors
Address
674 678 MASSACHUSETTS AVE, CAMBRIDGE, MA 02139
Preparer
Zenaida Faller
Phone
6174417800
Supplemental Narrative

Additional Explanations

Part 1, Line 16, Other Expenses

“Payroll taxes - $10,225.50”

Part 1, Line 16, Other Expenses

“IRS FILING FEE - $600”

Part 1, Line 16, Other Expenses

“FUNDRAISING EXP - $181”

Part 1, Line 16, Other Expenses

“BANK CHARGES - $264”

Part 1, Line 16, Other Expenses

“Office expenses and supplies - $808”

Part 1, Line 16, Other Expenses

“Bank charges and fees - $264”

Part II, Line 26, Total Liabilities

“Payroll liabilities - $16,736”

Raw XML Appendix128 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0AVERIL SPENCES
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0AUTHORIZED SALARY OF THE PRESIDENT OF THE ORGANIZATION WHO WORKED FULL TIME.
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0AVERIL SPENCER
IRS990EZ/BooksInCareOfDetail/PhoneNum04048637737
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021 CEDAR ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Somerville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002143
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015251
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0130050
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1485
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019456
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015251
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0130050
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1485
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1485
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0100000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AVERIL SPENCES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KYLIE SCHUYLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBORAH JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK OR SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012079
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO IGNITE THE CONFIDENCE, CREATIVITY, AND ECONOMIC CONFIDENCE OF GIRLS AROUND THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPED THE GIRL BOSS BUSINESS PROGRAM WHICH INTRODUCES ADOLESCENT GIRLS AGES 14-24 TO ENTREPRENEURSHIP BY BECOMING ENTREPRENEURS OF THEIR OWN LIVES. GIRL BOSS BASICS IS A 10 WEEK PROGRAM THAT HELPS GIRLS UNDERTAND THEIR OWN SKILL, USE THEIR INTERESTS TO DEVELOP SHORT AND LONG-TERM PROFESSIONAL PLANS, CREATE PERSONAL BUDGETS, AND CONDUCT ELEVATOR PITCHES. GIRL BOSS BASICS IS CURRENTLY BEING PILOTED IN 9 COUNTRIES WITH 1500 GIRLS THROUGH THREE PARTNERS. THE ORGANIZATION CONTINUED TO GROW THEIR DIGITAL COMMUNITY AND PROVIDE GIRLS A SAFE SPACE ONLINE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0100000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016736
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0131535
IRS990EZ/TotalRevenueAmt0130050
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAUNCHGURLS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0130050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0130050
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0130050
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0130050
IRS990ScheduleA/Total509Grp/TotalAmt0130050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0130050
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0130050
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAYROLL TAXES - $10,225.50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IRS FILING FEE - $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXP - $181
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES - $264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE EXPENSES AND SUPPLIES - $808
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES AND FEES - $264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL LIABILITIES - $16,736
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART 1, LINE 16, OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART II, LINE 26, TOTAL LIABILITIES
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AVERIL SPENCER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04048637737
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUNCH GURLS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAUN
ReturnHeader/Filer/EIN0850908781
ReturnHeader/Filer/PhoneNum04048637737
ReturnHeader/Filer/USAddress/AddressLine1Txt021 CEDAR ST
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002143
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Block Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0674 678 MASSACHUSETTS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002139
ReturnHeader/PreparerPersonGrp/PhoneNum06174417800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Zenaida Faller
ReturnHeader/ReturnTs02021-11-10T19:21:26Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AVERIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPENCER
ReturnHeader/TaxPeriodBeginDt02020-05-28
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,251
Liabilities
$16,736
Net assets
-$1,485
Revenue
$130,050
Expenses
$131,535
Net income
-$1,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.01$0.02$2.16$2.15$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.04$1.22$4.09$3.32$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.10$0.45$2.46$2.00$0.45
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.17$0.01$1.30$1.32$0.01