2018-11-13T17:13:26-06:00 2017-12-31 431001367 BROWN SMITH WALLACE LLP 6 CITYPLACE DRIVE SUITE 900 ST LOUIS MO 63141 990 2017-01-01 471718432 THE LAUNCHCODE FOUNDATION LAUN 3142540107 4811 DELMAR BLVD SAINT LOUIS MO 63108 ANTHONY LLOYD VP FINANCE & PEOPLE OPERATIONS 3142540107 2018-11-12 1 JENNIFER M VACHA P01251998 3149831200 199.119.121.196 2018-11-12 17:30:10 CS P 785B99766B5A4B8F99F62A4563056C7E7C0A4775 4A816B6DC8C6AF215489DC74D933037C0E101587 2017 2019-02-21 02:37:17Z JAMES MCKELVEY 4811 DELMAR BLVD SAINT LOUIS MO 63108 6826256 0 X WWW.LAUNCHCODE.ORG X 2014 MO TO INCREASE JOB OPPORTUNITIES IN TECHNOLOGY FOR INDIVIDUALS LACKING TRADITIONAL EDUCATION/BACKGROUND. 6 6 169 255 0 0 2569992 3038215 1566674 3723696 -587 -1294 6541 5618 4142620 6766235 0 0 0 0 3366553 4266279 45724 0 388055 896733 1315005 4309010 5581284 -166390 1184951 1647249 2871338 187698 246083 1459551 2625255 X LAUNCHCODE IS A NONPROFIT ORGANIZATION DEDICATED TO CREATING ECONOMIC OPPORTUNITY FOR ASPIRING DEVELOPERS THROUGH JOB PLACEMENT AND TRAINING IN TECHNOLOGY. 0 0 4514014 3723696 LAUNCHCODE INCREASES ECONOMIC OPPORTUNITY AND UPWARD MOBILITY BY PLACING DRIVEN INDIVIDUALS INTO TECHNOLOGY APPRENTICESHIPS AND JOBS BASED ON APTITUDE, PROFESSIONALISM, AND SKILLS. IN 2017, WE WORKED WITH HUNDREDS OF COMPANIES AND EDUCATION PARTNERS TO HELP OUR CANDIDATES OVERCOME TRADITIONAL BARRIERS TO EMPLOYMENT SUCH AS FORMAL DEGREES OR YEARS OF JOB EXPERIENCE, PLACING 282 INDIVIDUALS INTO APPRENTICESHIPS OR PERMANENT JOBS IN TECHNOLOGY. IN PURSUIT OF THIS GOAL, LAUNCHCODE RECEIVED SUBSTANTIAL IN-KIND SUPPORT (RENT, CONSULTING, ACCOUNTING AND LEGAL SERVICES, MENTORING, DIGITAL MARKETING AND SOFTWARE LICENSES FOR APPRENTICESHIP CANDIDATES) VALUED AT $635,783.SEE SCHEDULE O FOR MORE INFORMATION REGARDING NEW PROGRAMS OFFERED.FOR THE FIRST TIME IN 2017, LAUNCHCODE OFFERED "IMMERSIVE CODECAMP" AS A NEW EDUCATION PROGRAM. LAUNCHCODE ALSO WELCOMED NEW OFFICES IN PORTLAND, OREGON; SEATTLE, WASHINGTON AND TAMPA, FLORIDA TO EDUCATE PEOPLE AND OFFER APPRENTICESHIPS IN THOSE MARKETS. 4514014 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 128 0 1 169 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 FL RI WA OR X THE ORGANIZATION 3142540107 4811 DELMAR BLVD SAINT LOUIS MO 63108 JAMES MCKELVEY PRESIDENT 8.00 X X 0 0 0 ANDREW HOYNE SECRETARY 2.30 X X 0 0 0 HOLLY BENSON DIRECTOR 1.80 X 0 0 0 ROBIN CARNAHAN DIRECTOR 1.80 X 0 0 0 EVERETT JOHNSON DIRECTOR 1.80 X 0 0 0 MICHAEL GALLAGHER DIRECTOR 1.80 X 0 0 0 MARK BAUER EXECUTIVE DIRECTOR (RES. 8/17) 60.00 X 99563 0 6065 AUSTIN WOODS DIRECTOR OF FINANCE (RES. 6/17) 60.00 X 36120 0 1874 JEFF MAZUR EXECUTIVE DIRECTOR (EFF. 8/17) 60.00 X 121221 0 13530 LORI RASMUSSEN VP OF PEOPLE OPERATIONS & FINANCE 60.00 X 92085 0 15197 348989 0 36666 1 0 0 0 0 29214 1661092 1347909 64214 3038215 JOB PLACEMENT FEES 624310 3723696 3723696 3723696 51 51 51084 52429 -1345 -1345 -1345 3690 29214 7592 -3902 -3902 OTHER INCOME 624310 9520 9520 9520 6766235 3723696 0 4324 X 385655 281528 69418 34709 3353513 2836661 305045 211807 60888 46760 13584 544 146279 114144 20661 11474 319944 265554 31994 22396 37796 37796 68866 68866 64998 64998 638648 596024 24212 18412 46218 45943 275 119308 69243 38332 11733 66167 64328 967 872 57230 51757 4204 1269 113965 82982 21142 9841 12086 12086 37815 290 37525 PROGRAM CONTRACTS 33250 33250 MISCELLANEOUS EXPENSES 18658 13464 5194 0 5581284 4514014 679215 388055 814759 758335 0 300051 23000 0 759422 1790861 16990 1114 83392 63415 32063 19977 1015 1000 1647249 2871338 187698 246083 187698 246083 X 343435 2262463 1116116 362792 1459551 2625255 1647249 2871338 X 1184951 -19247 X X 0 1 X 1 0 X 81527 2509057 2569992 3038215 8198791 81527 2509057 2569992 3038215 8198791 3627408 4571383 1 51 52 1093 16857 6541 9520 34011 8232854 6614090 0.55530 0.40790 X 0 0 0 0 0 0 0 0 1 64998 64998 0 PART II-B, LINE 1: THE LAUNCHCODE FOUNDATION WORKED WITH THE ADVOCACY GROUP AT CARDENAS PARTNERS TO SECURE PROGRAMMATIC FUNDING FROM THE DEPARTMENT OF ECONOMIC OPPORTUNITY. EFFORTS UNDERTAKEN COULD POTENTIALLY RESULT IN NEW STATE LEVEL LEGISLATION WHICH WOULD YIELD APPROPRIATION FUNDING FOR ORGANIZATIONAL PROGRAMMING NEEDS. 37035 37035 0 46357 26380 19977 19977 X 7409610 635783 7592 643375 6766235 0 6766235 6243906 635783 26839 662622 5581284 0 5581284 PART X, LINE 2: LAUNCHCODE FOUNDATION CONSTITUTES A QUALIFIED NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, LAUNCHCODE USES A LOSS CONTINGENCY APPROACH FOR EVALUATING UNCERTAIN TAX POSITIONS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTE OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. LAUNCHCODE HAS EVALUATED ITS TAX POSITIONS, EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS AND BELIEVES THAT NO PROVISION FOR INCOME TAXES IS NECESSARY, AT THIS TIME, TO COVER ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE SHOWN NETTED AGAINST EXPENSES 7,592. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE SHOWN NETTED AGAINST EXPENSES 7,592. BAD DEBT EXPENSE 19,247. X X X X 1 THE ADVOCACY GROUP AT CARDENAS PARTNERS LLC 204 SOUTH MONROE STREET TALLAHASSEE FL 32301 CONSULTED ON SECURING STATE APPROPRIATIONS 0 229609 64998 229609 229609 64998 229609 FL MO WA RI OR GALA 32904 29214 3690 1420 340 1481 3651 700 32904 29214 3690 1420 340 1481 3651 700 7592 -3902 X 3 52429 FMV X MATERIALS AND SUPPLIES 5 11875 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE ESTIMATED NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD VOTED IN 2017 TO EXPAND THE BOARD OF DIRECTORS FROM FIVE MEMBERS TO EIGHT MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM BASED UPON THE AUDITED FINANCIAL STATEMENTS. A DRAFT OF FORM 990 IS PROVIDED TO THE VP OF FINANCE FOR REVIEW. CHANGES, IF ANY, ARE MADE AND A COPY OF THE RETURN IS DISTRIBUTED TO THE BOARD MEMBERS FOR THEIR REVIEW BEFORE FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS REQUIRED TO ANNUALLY REVIEW THE POLICY AND REPORT ANY CONFLICTS OF INTEREST TO THE FULL BOARD AND MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAD BOARD MEMBERS INDEPENDENT WITH RESPECT TO COMPENSATION ISSUES USE COMPARABILITY DATA FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO DETERMINE AND CONTEMPORANEOUSLY DOCUMENT / RECORD THOSE DECISIONS AND DELIBERATIONS REGARDING THE COMPENSATION ARRANGEMENT. THIS PROCESS WAS LAST CONDUCTED IN THE CURRENT FILING TAX YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 596,024. MANAGEMENT AND GENERAL EXPENSES 24,212. FUNDRAISING EXPENSES 18,412. TOTAL EXPENSES 638,648. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -19,247. FORM 990, PART XII, LINE 2C: THE LAUNCHCODE BOARD OF DIRECTORS IS RESPONSIBLE FOR CHOOSING THE INDEPENDENT AUDITOR AND OVERSEEING THE PROCESS. THIS PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.