Civic Intelligence

Strategic Launch Network

990 • Fiscal year 2022 • EIN 88-3630286

Oct 13, 2022 to Dec 31, 2022 • Filed on Nov 15, 2024

Organization ProfileLAUNCHSTRONG.COM
701 E Interstate 30Rockwall, TX 75087

(469) 698-2281

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets31st percentile

Assets

Flat

$727,256

Flat from 2022

Net Assets

Flat

$727,256

Flat from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin96th percentile

Revenue

Flat

$952,298

Flat from 2022

Expenses

Flat

$225,042

Flat from 2022

Net Income

Flat

$727,256

Flat from 2022

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2022: $727,256Liabilities 2022: $0Net Assets 2022: $727,2562022Assets 2022: $727,256Liabilities 2022: $0Net Assets 2022: $727,2562022Assets 2023: $3,396,872Liabilities 2023: $0Net Assets 2023: $3,396,8722023Assets 2024: $4,959,123Liabilities 2024: $19,388Net Assets 2024: $4,939,7352024

Highlighted filing

2022

Assets$727,256
Liabilities$0
Net Assets$727,256
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Revenue 2022: $952,298Expenses 2022: $225,042Net Income 2022: $727,2562022Revenue 2022: $952,298Expenses 2022: $225,042Net Income 2022: $727,2562022Revenue 2023: $3,736,840Expenses 2023: $1,271,726Net Income 2023: $2,465,1142023Revenue 2024: $4,050,363Expenses 2024: $2,507,500Net Income 2024: $1,542,8632024

Highlighted filing

2022

Revenue$952,298
Expenses$225,042
Net Income$727,256
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 13, 2022 to Dec 31, 2022
Signed
Nov 15, 2024
Return Version
2022v5.0
Gross Receipts
$952,298
Mission and Program Overview

Mission

To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations and leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total-$727,256-
Total Assets$0$727,256▲ $727,256
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$727,256-
Total Net Assets Fund Balance$0$727,256▲ $727,256
Total Liabilities and Net Assets / Fund Balance$0$727,256▲ $727,256

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$727,256--
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Steve StroopePresident
Aaron BrockettBoard Member
Aaron GrahamBoard Member
Ben PilgreenBoard Member
David PothierBoard Member
Josh HowertonBoard Member
Mark LeeBoard Member
Ron SylviaBoard Member
Tim SmithBoard Member
Brooke TostensonSecretary
Austin AdamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$952,298
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$952,298
Change in Net Assets
$727,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,042
Total Fundraising Expense$6,270
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$190,000--$190,000
Office Expenses-$28,772-$28,772
Advertising--$6,270$6,270
Total Functional Expenses$190,000$28,772$6,270$225,042
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
Backup withholding compliance
No
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
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Strategic Launch Network
EIN
88-3630286
Phone
4696982281
Address
701 E INTERSTATE 30, ROCKWALL, TX 75087

Signing Officer

Name
Steve Stroope
Title
President
Phone
2142446470
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Stroope
Formed
2022
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
25

Preparer

Firm
Dirkse & Associates Ltd
Address
301 NORTH GOLIAD, ROCKWALL, TX 75087
Preparer
Rick Dirkse
Phone
9727711040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations and leaders.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReasonableCauseExplanation/ExplanationTxt0THE TAXPAYER IS REQUESTING LATE FILING PENALTY RELIEF FOR FIRST TIME PENALTY ABATEMENT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/TaxPeriodBeginDt02022-10-13
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$727,256
Liabilities
$0
Net assets
$727,256
Revenue
$952,298
Expenses
$225,042
Net income
$727,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$0.02$4.94$4.05$2.51$1.54
2023Summary only. Only limited summary data is available for this year.$3.40$0.00$3.40$3.74$1.27$2.47
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.95$0.23$0.73
2022Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.95$0.23$0.73