Civic Intelligence

Launch Ministries Inc.

990EZ • Fiscal year 2018 • EIN 90-0950633

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 01, 2019

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

30th percentile

-0.9%

Higher net margin than 30% of similar nonprofits.

2018 filings • NTEE X20 • <$500k nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2018 filings • NTEE X20 • <$500k nonprofits • Source year 2018

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2018 filings • NTEE X20 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

33%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • NTEE X20 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $716 (-100%) from 2017

Net Assets

Down

$0

Down $716 (-100%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$77,190

Up $19,281 (+33%) from 2017

Expenses

Up

$77,906

Up $20,713 (+36%) from 2017

Net Income

Down

-$716

Down $1,432 (-200%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

2018

Revenue$77,190
Expenses$77,906
Net Income-$716
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 1, 2019
Return Version
2018v3.1
Gross Receipts
$77,190
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$0$68,435
CHARITABLE FAMILY SPONSORSHIP HELPING HOMELESS FAMILIES$0$8,755
Compensation and Service Providers

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
President
Phone
9194357627
Signed
2019-10-01

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 1450.

Form 990EZ, Part I, Line 16

Meals & entertainment expenses 341.

Form 990EZ, Part I, Line 16

Repairs & maintenance 481.

Form 990EZ, Part I, Line 16

SUPPLIES 4967.

Form 990EZ, Part I, Line 16

UTILITY EXPENSES 7478.

Form 990EZ, Part I, Line 16

CHARITABLE GIVING 10583.

Form 990EZ, Part I, Line 16

OFFICE EXPENSE 801.

Form 990EZ, Part I, Line 16

OFFICE SUPPLIES 869.

Form 990EZ, Part I, Line 16

FOOD FOR CHURCH 940.

Form 990EZ, Part I, Line 16

Haircuts for back to school 734.

Form 990EZ, Part I, Line 16

YOUTH FIELD TRIP 2980.

Form 990EZ, Part I, Line 16

Clothing for families 98.

Form 990EZ, Part I, Line 16

MISC EXPENSES 5.

Form 990EZ, Part I, Line 16

Chairitable sponsorship 8755.

Raw XML Appendix178 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/CashSavingsAndInvestmentsGrp/BOYAmt0716
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt077190
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-716
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08658
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0716
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt077190
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0716
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0716
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt028766
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt016.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt116.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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/OtherExpensesTotalAmt040482
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/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHURCH SERMONS AND FELLOWSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHARITABLE FAMILY SPONSORSHIP HELPING HOMELESS FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt068435
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18755
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077906
IRS990EZ/TotalProgramServiceExpensesAmt077190
IRS990EZ/TotalRevenueAmt077190
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt077190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt057193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt063906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt071080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt054242
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0323611
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0323611
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt077190
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt057193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt063906
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt071080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt054242
IRS990ScheduleA/Total509Grp/TotalAmt0323611
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0323611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAVEL EXPENSES 1450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS & ENTERTAINMENT EXPENSES 341.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REPAIRS & MAINTENANCE 481.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES 4967.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITY EXPENSES 7478.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHARITABLE GIVING 10583.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE EXPENSE 801.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE SUPPLIES 869.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FOOD FOR CHURCH 940.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9HAIRCUTS FOR BACK TO SCHOOL 734.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10YOUTH FIELD TRIP 2980.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CLOTHING FOR FAMILIES 98.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MISC EXPENSES 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13CHAIRITABLE SPONSORSHIP 8755.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YOLANDA MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09194357627
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-01
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0DF2A8C56F441B140448239C1DF87E98EF975EAE3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DF2A8C56F441B140448239C1DF87E98EF975EAE3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.231.33.11
ReturnHeader/FilingSecurityInformation/IPDt02019-10-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:29:12
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/PreparerPersonNm0Benjamin Copeland
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-10-18T11:29:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings