Civic Intelligence

Launch Ministries Inc.

990EZ • Fiscal year 2014 • EIN 90-0950633

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 20, 2017

Organization ProfileN/A
3013 Barrow DriveRaleigh, NC 27616

(919) 435-7627

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

27th percentile

-3.7%

Higher net margin than 27% of similar nonprofits.

2014 filings • NTEE X20 • <$500k nonprofits • Source year 2014

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

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

2014 filings • NTEE X20 • <$500k nonprofits • Source year 2014

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2014 filings • NTEE X20 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1 (-100%) from 2013

Net Assets

-$2,011

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Up

$54,242

Up $54,242 from 2013

Expenses

Up

$56,253

Up $56,253 from 2013

Net Income

Down

-$2,011

Down $2,011 from 2013

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$1.0M$500K$0-$500KAssets 2013: $1Liabilities 2013: $02013Assets 2014: $0Net Assets 2014: -$2,0112014Assets 2015: $0Net Assets 2015: -$3,1102015Assets 2016: $0Net Assets 2016: -$8682016Assets 2017: $716Net Assets 2017: $7162017Assets 2018: $0Net Assets 2018: $02018Assets 2019: $0Net Assets 2019: $11,6272019Assets 2020: $4,251Net Assets 2020: $4,2512020Assets 2021: $31,344Net Assets 2021: $31,3442021Assets 2022: $46,637Liabilities 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $841,841Liabilities 2024: $699,815Net Assets 2024: $142,0262024

Highlighted filing

2014

Assets$0
Liabilities-
Net Assets-$2,011
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $54,242Expenses 2014: $56,253Net Income 2014: -$2,0112014Revenue 2015: $71,080Expenses 2015: $74,190Net Income 2015: -$3,1102015Revenue 2016: $63,906Expenses 2016: $64,774Net Income 2016: -$8682016Revenue 2017: $57,909Expenses 2017: $57,193Net Income 2017: $7162017Revenue 2018: $77,190Expenses 2018: $77,906Net Income 2018: -$7162018Revenue 2019: $142,797Expenses 2019: $131,170Net Income 2019: $11,6272019Revenue 2020: $118,262Expenses 2020: $125,638Net Income 2020: -$7,3762020Revenue 2021: $106,954Expenses 2021: $79,861Net Income 2021: $27,0932021Revenue 2022: $199,724Expenses 2022: $184,431Net Income 2022: $15,2932022Revenue 2023: $410,129Expenses 2023: $173,548Net Income 2023: $236,5812023Revenue 2024: $300,608Expenses 2024: $395,163Net Income 2024: -$94,5552024

Highlighted filing

2014

Revenue$54,242
Expenses$56,253
Net Income-$2,011
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 20, 2017
Return Version
2014v6.0
Gross Receipts
$54,242
Mission and Program Overview

Mission

Religious purposes,including providing a community-oriented atmosphere of godly function,encompassing religious family gatherings for all ages and providing a place of worship; teaching and preaching the uncompromised word of god (holy bible), ministering to the

Program Services

DescriptionGrantsExpenses
CHURCH SERMONS AND FELLOWSHIPS-$54,242
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOLANDA S MORGANPresidentPT$0--
ALPHONE MORGANVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Launch Ministries Inc
EIN
90-0950633
Phone
9194357627
Address
3013 BARROW DRIVE, Raleigh, NC 27616

Signing Officer

Name
Yolanda Morgan
Title
Yolanda Morgan
Phone
9194357627
Signed
2017-09-20

Preparer

Firm
Copeland Financial Services LLC
Address
9500 ARENA DRIVE SUITE 450, LARGO, MD 20774
Preparer
Benjamin Copeland
Phone
3014295138
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Travel expenses 646. Insurance 175. Meals & entertainment expenses 190. Music supplies 5596. Office supplies 848. Repairs & maintenance 1570. Supplies 1118. Utility expenses 4009. Charitable giving 230.”

Raw XML Appendix114 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/PersonNm0YOLANDA S MORGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09194357627
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01085 SILVER LEAF DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0YOUNGSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027596
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054242
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2011
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01463
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt054242
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2011
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-2011
IRS990EZ/OccupancyRentUtltsAndMaintAmt040275
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt016.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt116.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YOLANDA S MORGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALPHONE MORGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014382
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RELIGIOUS PURPOSES,INCLUDING PROVIDING A COMMUNITY-ORIENTED ATMOSPHERE OF GODLY FUNCTION,ENCOMPASSING RELIGIOUS FAMILY GATHERINGS FOR ALL AGES AND PROVIDING A PLACE OF WORSHIP; TEACHING AND PREACHING THE UNCOMPROMISED WORD OF GOD (HOLY BIBLE), MINISTERING TO THE
IRS990EZ/PrintingPublicationsPostageAmt0133
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHURCH SERMONS AND FELLOWSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt054242
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056253
IRS990EZ/TotalProgramServiceExpensesAmt054242
IRS990EZ/TotalRevenueAmt054242
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt054242
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt054242
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt054242
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt054242
IRS990ScheduleA/Total509Grp/TotalAmt054242
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt054242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAVEL EXPENSES 646. INSURANCE 175. MEALS & ENTERTAINMENT EXPENSES 190. MUSIC SUPPLIES 5596. OFFICE SUPPLIES 848. REPAIRS & MAINTENANCE 1570. SUPPLIES 1118. UTILITY EXPENSES 4009. CHARITABLE GIVING 230.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0CORPORATED RECORDS AND RECIEPTS WERE DESTROYED DURING A FLOOD AND HAD TO BE BE RECREATED.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YOLANDA MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0YOLANDA MORGAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09194357627
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUNCH MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUN
ReturnHeader/Filer/EIN0900950633
ReturnHeader/Filer/PhoneNum09194357627
ReturnHeader/Filer/USAddress/AddressLine1Txt03013 BARROW DRIVE
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027616
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COPELAND FINANCIAL SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09500 ARENA DRIVE SUITE 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020774
ReturnHeader/PreparerPersonGrp/PhoneNum03014295138
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN COPELAND
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-09-21T14:05:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
-$2,011
Revenue
$54,242
Expenses
$56,253
Net income
-$2,011
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.42$7.00$1.42$3.01$3.95$0.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$4.10$1.74$2.37
2022Summary only. Only limited summary data is available for this year.$0.47$0.00$2.00$1.84$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.31$1.07$0.80$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.04$1.18$1.26$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.12$1.43$1.31$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.77$0.78$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.58$0.57$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.01$0.64$0.65$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.03$0.71$0.74$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.54$0.56$0.02
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00