LAUNCH: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LAUNCH (EIN 46-2203112)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202033219349319628
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T16:24:19-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 208167848 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WALLS GROUP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CHESTNUT ST STE 200 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462203112 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUNCH INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAUN | BusinessNameControlTxt |
| Phone | 4237858235 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 903 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ZAC BROWN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4237858235 | PhoneNum |
| Signature | 2020-09-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELLANEE WALLS | PreparerPersonNm |
| PTIN | P01259335 | PTIN |
| Phone | 4236641004 | PhoneNum |
| Preparation | 2020-11-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 74.221.191.64 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 16:24:19 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B6F2DFFF5FA5A9B504B2955CDD60F6D7609EABE1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0CC1CBAD557880C3B264A6732209CA3E3DC75B2D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | HAL BOWLING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 903 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $880,705 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | LAUNCHCHATTANOOGA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | LAUNCH CHA IS AN ENTREPRENEUR SUPPORT ORGANIZATION WITH A UNIQUE FOCUS. WE EXIST TO BUILD A THRIVING CHATTANOOGA WHERE EVERY INDIVIDUAL WHO DREAMS OF A BUSINESS CAN BE CONFIDENT THAT THE COMMUNITY WILL STAND WITH THEM, REMOVING OBSTACLES AND CREATING OPPORTUNITIES FOR THEIR SUCCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 75 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $397,817 | PYContributionsGrantsAmt |
| CY Contributions Grants | $782,440 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $98,056 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $79,201 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,506 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,564 | CYInvestmentIncomeAmt |
| PY Other Revenue | $33,217 | PYOtherRevenueAmt |
| CY Other Revenue | $16,500 | CYOtherRevenueAmt |
| PY Total Revenue | $530,596 | PYTotalRevenueAmt |
| CY Total Revenue | $880,705 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $501,072 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $367,692 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $110,282 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $311,339 | PYOtherExpensesAmt |
| CY Other Expenses | $326,329 | CYOtherExpensesAmt |
| PY Total Expenses | $812,411 | PYTotalExpensesAmt |
| CY Total Expenses | $694,021 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$281,815 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $186,684 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $411,130 | TotalAssetsBOYAmt |
| Total Assets EOY | $600,382 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $11,537 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,550 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $399,593 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $583,832 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LAUNCH CHA IS AN ENTREPRENEUR SUPPORT ORGANIZATION WITH A UNIQUE FOCUS. WE EXIST TO BUILD A THRIVING CHATTANOOGA WHERE EVERY INDIVIDUAL WHO DREAMS OF A BUSINESS CAN BE CONFIDENT THAT THE COMMUNITY WILL STAND WITH THEM, REMOVING OBSTACLES AND CREATING OPPORTUNITIES FOR THEIR SUCCESS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $447,556 | ExpenseAmt |
| Revenue | $79,201 | RevenueAmt |
| Desc | WE ACCOMPLISH OUR MISSION BY PROVIDING ONGOING TRAINING AND SUPPORT TO HUNDREDS OF ENTREPRENEURS WHO ARE UNDERREPRESENTED IN OUR CITY, EMPOWERING STUDENTS IN MANY LOCAL HIGH SCHOOLS THROUGH A HANDS-ON ENTREPRENEURSHIP EXPERIENCE AND BY SHARING OUR MODEL WITH DOZENS OF GROUPS IN OTHER U.S. CITIES. | Desc |
| Total Program Service Expenses | $447,556 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAL BOWLING | PersonNm |
| Phone | 4237858235 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W 38TH STREET | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37410 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| HAL BOWLING | |||||
| EXECUTIVE DI | Yes (X) | $0 | $0 | $0 | |
| ZAC BROWN | |||||
| PRESIDENT | Yes (X) | $0 | $0 | $0 | |
| CHUCK FISHER | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| LINDSEY GALLAHER | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| FELICIA JACKSON | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| ANDY JONES | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| QUENTIN LAWRENCE | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| QUENTIN LAWRENCE | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| KRISTINA MONTAGUE | |||||
| SECRETARY | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JULI-ANN MORGAN | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| JEFF OLINGY | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JOHN OWEN | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| MARCO PEREZ | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| MARCUS SHAW | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| TERNAE JORDAN SR | |||||
| MEMBER | Yes (X) | $0 | $0 | $0 | |
| ALAN KING | |||||
| TREASURER | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $782,440 | AllOtherContributionsAmt |
| Total Contributions | $782,440 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Total Revenue Column | $79,201 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $79,201 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $79,201 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,564 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $16,500 | FundraisingGrossIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,500 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $880,705 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $81,765 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,500 | TotalAmt |
| Program Services | $268,653 | ProgramServicesAmt |
| Management And General | $22,750 | ManagementAndGeneralAmt |
| Fundraising | $53,097 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,192 | TotalAmt |
| Program Services | $17,390 | ProgramServicesAmt |
| Management And General | $1,740 | ManagementAndGeneralAmt |
| Fundraising | $4,062 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,275 | TotalAmt |
| Management And General | $12,275 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,229 | TotalAmt |
| Program Services | $50,637 | ProgramServicesAmt |
| Management And General | $56,829 | ManagementAndGeneralAmt |
| Fundraising | $29,763 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,066 | TotalAmt |
| Program Services | $2,275 | ProgramServicesAmt |
| Management And General | $2,917 | ManagementAndGeneralAmt |
| Fundraising | $874 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,721 | TotalAmt |
| Program Services | $27,398 | ProgramServicesAmt |
| Management And General | $12,070 | ManagementAndGeneralAmt |
| Fundraising | $9,253 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,465 | TotalAmt |
| Program Services | $10,152 | ProgramServicesAmt |
| Management And General | $3,731 | ManagementAndGeneralAmt |
| Fundraising | $2,582 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,156 | TotalAmt |
| Program Services | $27,281 | ProgramServicesAmt |
| Management And General | $855 | ManagementAndGeneralAmt |
| Fundraising | $4,020 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,696 | TotalAmt |
| Program Services | $4,620 | ProgramServicesAmt |
| Management And General | $21 | ManagementAndGeneralAmt |
| Fundraising | $55 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,235 | TotalAmt |
| Management And General | $6,235 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM EVENTS & SUPPLIES | $31,821 | $25,859 | $584 | $5,378 |
| STAFF DEVELOPMENT | $14,832 | $1,672 | $12,505 | $655 |
| AWARDS AND GRANTS | $8,674 | $8,674 | ||
| BUSINESS EXPENSES | $4,386 | $2,799 | $1,384 | $203 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,773 | TotalAmt |
| Program Services | $146 | ProgramServicesAmt |
| Management And General | $2,287 | ManagementAndGeneralAmt |
| Fundraising | $340 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,021 | TotalAmt |
| Program Services | $447,556 | ProgramServicesAmt |
| Management And General | $136,183 | ManagementAndGeneralAmt |
| Fundraising | $110,282 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,458 | BOYAmt |
| EOY | $241,138 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,000 | BOYAmt |
| EOY | $330,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,661 | BOYAmt |
| EOY | $21,000 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,095 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $20,088 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,300 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,743 | BOYAmt |
| EOY | $4,788 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,660 | BOYAmt |
| EOY | $2,943 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $513 | BOYAmt |
| EOY | $513 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411,130 | BOYAmt |
| EOY | $600,382 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,145 | BOYAmt |
| EOY | $10,653 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,392 | BOYAmt |
| EOY | $5,897 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,537 | BOYAmt |
| EOY | $16,550 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335,203 | BOYAmt |
| EOY | $463,379 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,390 | BOYAmt |
| EOY | $120,453 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $399,593 | BOYAmt |
| EOY | $583,832 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411,130 | BOYAmt |
| EOY | $600,382 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $186,684 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,445 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $586,265 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $747,691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $534,857 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $397,817 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $782,440 | CurrentTaxYearAmt |
| Total | $3,049,070 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $586,265 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $747,691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $534,857 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $397,817 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $782,440 | CurrentTaxYearAmt |
| Total | $3,049,070 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,610,837 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,438,233 | PublicSupportTotal170Amt |
| Total Support | $3,049,070 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $342,429 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.47170 | PublicSupportCY170Pct |
| Public Support PY170 | 0.49250 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,088 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,300 | DepreciationAmt |
| Book Value | $4,788 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,788 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| Amt | $5,897 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,897 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FUNDRAISING EVE | Event1Nm |
| Gross Receipts Event1 | $16,500 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $16,500 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $16,500 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $16,500 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $16,500 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | LAUNCH CHA IS AN ENTREPRENEUR SUPPORT ORGANIZATION WITH A UNIQUE FOCUS. WE EXIST TO BUILD A THRIVING CHATTANOOGA WHERE EVERY INDIVIDUAL WHO DREAMS OF A BUSINESS CAN BE CONFIDENT THAT THE COMMUNITY WILL STAND WITH THEM, REMOVING OBSTACLES AND CREATING OPPORTUNITIES FOR THEIR SUCCESS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | 990 SUBMITTED TO BOARD TO REVIEW 990 PRIOR TO ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION ARRANGEMENTS ARE BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES AND ALL ARRANGEMENTS ARE VOTED ON BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | 990 IS AVAILABLE UPON REQUEST |
| FORM 990, PART IX, LINE 11G | CONTRACT LABOR 50,637 56,598 23,458 DEVELOPMENT COSTS 0 231 6,305 TOTAL 50,637 56,829 29,763 |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE -2,445 BOOK/TAX DIFFERENCE IN GAIN 0 TOTAL -2,445 |
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