Civic Intelligence

Launch Ministries Inc.

990EZ • Fiscal year 2020 • EIN 90-0950633

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

22nd percentile

-6.2%

Higher net margin than 22% of similar nonprofits.

2020 filings • NTEE X20 • <$500k nonprofits • Source year 2020

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.

2020 filings • NTEE X20 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • NTEE X20 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$4,251

Up $4,251 from 2019

Net Assets

Down

$4,251

Down $7,376 (-63%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin22nd percentile

Revenue

Down

$118,262

Down $24,535 (-17%) from 2019

Expenses

Down

$125,638

Down $5,532 (-4.2%) from 2019

Net Income

Down

-$7,376

Down $19,003 (-163%) from 2019

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2020

Assets$4,251
Liabilities-
Net Assets$4,251
Open 2020 Filing

Operations Trend

Revenue Growth36th percentile

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

2020

Revenue$118,262
Expenses$125,638
Net Income-$7,376
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$118,262
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
CHARITABLE FAMILY SPONSORSHIP COVID FAMILY COMPUTER DRIVE$0$3,277
CHURCH SERMONS AND FELLOWSHIPS$0$893
Compensation and Service Providers
Top Officer Pay72nd 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
President
Phone
9194357627
Signed
2021-05-17
Discuss with paid preparer
Yes

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

“SUPPLIES 1069.”

Form 990EZ, Part I, Line 16

“UTILITY EXPENSES 10319.”

Form 990EZ, Part I, Line 16

“CHARITABLE GIVING 6500.”

Form 990EZ, Part I, Line 16

“FOOD FOR CHURCH 2572.”

Form 990EZ, Part I, Line 16

“Covid family computer drive 3277.”

Form 990EZ, Part I, Line 16

“FELLOWSHIP EXPENSES 893.”

Form 990EZ, Part I, Line 16

“Depreciation 22493.”

Form 990EZ, Part I, Line 16

“Amortization 2721.”

Raw XML Appendix166 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/BOYAmt011627
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04251
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0118262
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7376
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt049994
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011627
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04251
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0118262
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011627
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04251
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011627
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04251
IRS990EZ/OccupancyRentUtltsAndMaintAmt025800
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/OtherExpensesTotalAmt049844
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 COVID FAMILY COMPUTER DRIVE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0893
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13277
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0125638
IRS990EZ/TotalProgramServiceExpensesAmt04170
IRS990EZ/TotalRevenueAmt0118262
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0118262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142797
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt057193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0459348
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0459348
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0118262
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0142797
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt077190
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt057193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063906
IRS990ScheduleA/Total509Grp/TotalAmt0459348
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0459348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPLIES 1069.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UTILITY EXPENSES 10319.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHARITABLE GIVING 6500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOOD FOR CHURCH 2572.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COVID FAMILY COMPUTER DRIVE 3277.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FELLOWSHIP EXPENSES 893.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Depreciation 22493.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Amortization 2721.
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
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YOLANDA MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09194357627
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
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/PreparerPersonNm0Benjamin Copeland
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-15T07:33:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YOLANDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORGAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
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
$4,251
Liabilities
-
Net assets
$4,251
Revenue
$118,262
Expenses
$125,638
Net income
-$7,376
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
2020Detailed filing. Detailed filing data is available for this year.$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