Civic Intelligence

Launch Network Inc

990EZ • Fiscal year 2023 • EIN 88-1180588

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 14, 2024

247 N Sandpiper CirOrange, CA 92869

(714) 726-4885

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

95th percentile

71%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$89,312

No earlier filing loaded for comparison.

Net Assets

$86,242

No earlier filing loaded for comparison.

Liabilities

$3,070

No earlier filing loaded for comparison.

Revenue

$122,280

No earlier filing loaded for comparison.

Expenses

$36,038

No earlier filing loaded for comparison.

Net Income

$86,242

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2023: $89,312Liabilities 2023: $3,070Net Assets 2023: $86,2422023Assets 2024: $16,181Liabilities 2024: $2,237Net Assets 2024: $13,9442024

Highlighted filing

2023

Assets$89,312
Liabilities$3,070
Net Assets$86,242

Operations Trend

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

$200K$100K$0-$100KRevenue 2023: $122,280Expenses 2023: $36,038Net Income 2023: $86,2422023Revenue 2024: $117,447Expenses 2024: $170,906Net Income 2024: -$53,4592024

Highlighted filing

2023

Revenue$122,280
Expenses$36,038
Net Income$86,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 14, 2024
Return Version
2023v5.1
Gross Receipts
$122,280
Mission and Program Overview

Mission

Said corporation is organized exclusively for religious purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. This corporation is a non-profit religious organization and is not organized for the private gain of any person. The specific purpose of this corporation is an evangelical church that uplifts the community with project based discipleship.

Program Services

DescriptionGrantsExpenses
This corporation is organized exclusively for religious purposes, including for such purposes,the making of distributions to organizations that qualify as exempt organizations under 501(c)(3)of the Internal Revenue Code, or the corresponding section of any furure federal tax code.The specific purpose of this corporation is:an evangelical church that uplifts the community with project based discipleship.-$32,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANTOSH J SWAMIDASSCEO-$0--
Filing and Contact Details

Filer

Filer Name
Launch Network Inc
EIN
88-1180588
Phone
7147264885
Address
247 N SANDPIPER CIR, ORANGE, CA 92869

Signing Officer

Name
Santosh J Swamidass
Title
Executive Director
Signed
2024-06-14
Discuss with paid preparer
Yes

Preparer

Firm
Applied Financial Planning Inc
Address
100 Pacifica Suite 400, Irvine, CA 92618
Preparer
William CO'ConnorEACFP
Phone
9493801210
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: VARIOUS CHARITIES | Donee's Address: Various Misc ca 92630 | Cash Amount Given: $32624

Other Expenses.1001

Advertising and Promotion $24

Other Expenses.1005

Travel $150

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3070

Raw XML Appendix105 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/PersonNm0SANTOSH J SWAMIDASS
IRS990EZ/BooksInCareOfDetail/PhoneNum07147264885
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0247 N SANDPIPER CIR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ORANGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092869
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt089312
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0122280
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt086242
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01023
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt089312
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt032624
IRS990EZ/GrossReceiptsAmt0122280
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086242
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086242
IRS990EZ/OccupancyRentUtltsAndMaintAmt02217
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SANTOSH J SWAMIDASS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0174
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Said corporation is organized exclusively for religious purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. This corporation is a non-profit religious organization and is not organized for the private gain of any person. The specific purpose of this corporation is an evangelical church that uplifts the community with project based discipleship.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0This corporation is organized exclusively for religious purposes, including for such purposes,the making of distributions to organizations that qualify as exempt organizations under 501(c)(3)of the Internal Revenue Code, or the corresponding section of any furure federal tax code.The specific purpose of this corporation is:an evangelical church that uplifts the community with project based discipleship.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032624
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03070
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt036038
IRS990EZ/TotalProgramServiceExpensesAmt032624
IRS990EZ/TotalRevenueAmt0122280
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: VARIOUS CHARITIES | Donee's Address: Various Misc ca 92630 | Cash Amount Given: $32624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $24
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3070
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1001
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SANTOSH J SWAMIDASS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUNCH NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUN
ReturnHeader/Filer/EIN0881180588
ReturnHeader/Filer/PhoneNum07147264885
ReturnHeader/Filer/USAddress/AddressLine1Txt0247 N SANDPIPER CIR
ReturnHeader/Filer/USAddress/CityNm0ORANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092869
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330737732
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Applied Financial Planning Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Pacifica Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Irvine
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092618
ReturnHeader/PreparerPersonGrp/PhoneNum09493801210
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William CO'ConnorEACFP
ReturnHeader/ReturnTs02024-09-28T08:33:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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