LaunchAbility Inc: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LaunchAbility Inc (EIN 75-1189353)
Tax period
2012-09-01 to 2013-08-31
Filed
2014-07-15
IRS object ID
201421969349301097
Schema version
2012v2.3
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

FieldValueIRS element (for citing)
Timestamp2014-07-15T18:30:38-05:00Timestamp
Tax Period End Date2013-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SALMON SIMS THOMAS & ASSOC PLLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line112720 HILLCREST RD SUITE 500AddressLine1
CityDALLASCity
StateTXState
ZIP Code75230ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN751189353EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LAUNCHABILITY INCBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% KATHRYN PARSONSInCareOfName
Name ControlLAUNNameControl
Phone9729916777Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14350 SIGMA ROADAddressLine1
Address Line2Suite 100AddressLine2
CityDALLASCity
StateTXState
ZIP Code75244ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameKATHRYN PARSONSName
TitleCEOTitle
Phone9729916777Phone
Date Signed2014-07-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJEFFREY BERGMANName
Phone9723921143Phone
Date Prepared2014-07-15DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Name Of Principal Officer PersonKATHRYN PARSONSNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line14350 SIGMA ROADAddressLine1
CityDALLASCity
StateTXState
ZIP Code75244ZIPCode
FieldValueIRS element (for citing)
Gross Receipts8012837GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.launchability.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1963YearFormation
State Legal DomicileTXStateLegalDomicile
Activity Or Mission DescriptionTO HELP CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES ACHIEVE THEIR MAXIMUM POTENTIAL AND LEAD FULFILLING LIVES WITHIN OUR COMMUNITY.ActivityOrMissionDescription
Nbr Voting Members Governing Body40NbrVotingMembersGoverningBody
Nbr Independent Voting Members40NbrIndependentVotingMembers
Total Nbr Employees163TotalNbrEmployees
Total Nbr Volunteers60TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year7036369ContributionsGrantsPriorYear
Contributions Grants Current Year5403580ContributionsGrantsCurrentYear
Program Service Revenue Prior Year2640363ProgramServiceRevenuePriorYear
Program Service Revenue CY2345780ProgramServiceRevenueCY
Investment Income Prior Year9739InvestmentIncomePriorYear
Investment Income Current Year28294InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year8369OtherRevenueCurrentYear
Total Revenue Prior Year9686471TotalRevenuePriorYear
Total Revenue Current Year7786023TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year7424548SalariesEtcPriorYear
Salaries Etc Current Year6660834SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year326893TotalFundrsngExpCurrentYear
Other Expense Prior Year1696853OtherExpensePriorYear
Other Expenses Current Year1534509OtherExpensesCurrentYear
Total Expenses Prior Year9121401TotalExpensesPriorYear
Total Expenses Current Year8195343TotalExpensesCurrentYear
Revenues Less Expenses Prior Year565070RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-409320RevenuesLessExpensesCY
Total Assets BOY1970940TotalAssetsBOY
Total Assets EOY1667304TotalAssetsEOY
Total Liabilities BOY434136TotalLiabilitiesBOY
Total Liabilities EOY501092TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1536804NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1166212NetAssetsOrFundBalancesEOY
Mission DescriptionLAUNCHABILITY PROVIDES SERVICES TO CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES SO THEY CAN LEAD FULFILLING LIVES IN THEIR COMMUNITIES.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense7016703Expense
DescriptionEARLY CHILDHOOD INTERVENTION 0-3 YEARS - THIS PROGRAM SERVES CHILDREN WHO HAVE DISABILITIES SUCH AS DOWNS SYNDROME, CEREBRAL PALSY, AUTISM, SPINAL BIFIDA, LOW VISION AND OTHER DEVELOPMENTAL DELAYS. OUR TEAMS OF SPEECH, OCCUPATIONAL AND PHYSICAL THERAPISTS AND EARLY INTERVENTION SPECIALISTS HELP CHILDREN PROGRESS IN THEIR SPEECH, MOTOR, AND SELF-HELP SKILLS. CHILDREN LEARN TO WALK, TALK, PLAY AND FUNCTION AS INDEPENDENTLY AS POSSIBLE. SERVICES ARE TAILORED TO THE FAMILY AND CHILD'S NEEDS AND CHANGE AS THE CHILD PROGRESSES FROM ONE DEVELOPMENTAL STAGE TO THE NEXT. PARENTS AND CAREGIVERS ARE TAUGHT HOW TO HELP THEIR CHILD CONTINUE TO PROGRESS BETWEEN REGULAR VISITS FROM OUR SPECIALISTS. IN 2012, THE PROGRAM SERVED OVER 2,000 BABIES AND THEIR FAMILIES. OUR SERVICE AREA INCLUDES ADDISON, CARROLLTON, FARMERS BRANCH, COPPELL, AND PARTS OF DALLAS, IRVING, AND LEWISVILLE.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense528027Expense
DescriptionSUPPORTED EMPLOYMENT SERVICES - THIS WAS ONE OF THE FIRST PROGRAMS IN TEXAS TO TRAIN ADULTS WITH COGNITIVE DISABILITIES FOR MEANINGFUL JOBS AND MATCH THEM WITH COMPANIES NEEDING THEIR SKILLS. WE HELP ADULTS WITH INTELLECTUAL DISABILITIES; BRAIN INJURY AND OTHER COGNITIVE DISABILITIES FIND MEANINGFUL EMPLOYMENT AND BUILD INDEPENDENCE. OUR SERVICES INCLUDE ASSESSMENT OF CLIENT SKILLS AND INTERESTS, CAREER PLANNING, JOB PLACEMENT, ONSITE TRAINING AND ONGOING ASSISTANCE AFTER THE PERSON IS ON THE JOB. SUPPORTED EMPLOYMENT WITH FOLLOW-UP ASSISTANCE WORKS; IT IS A PROVEN METHOD FOR ADULTS WITH MENTAL RETARDATION TO ACHIEVE SUCCESS IN THE WORKFORCE. LAUCHABILITY TRANSFORMS THE LIVES OF THESE ADULTS, HELPING TAX CONSUMERS BECOME TAXPAYERS. IN 2012, THE PROGRAM SERVED NEARLY 150 ADULTS WITH COGNITIVE DISABILITIES. OUR SERVICE AREA INCLUDES DALLAS, COLLIN, AND DENTON COUNTIES.Description
FieldValueIRS element (for citing)
Total Program Service Expense7544730TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109633NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees163NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members40NbrVotingGoverningBodyMembers
Number Independent Voting Members40NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChapterstrueLocalChapters
Policies Reference ChapterstruePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonKATHRYN PARSONSNamePerson
Telephone Number9729916777TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14350 SIGMA ROADAddressLine1
CityDALLASCity
StateTXState
ZIP Code75244ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (47 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationOther CompensationOtherCompensationKey EmployeeKeyEmployee
BRAD W LEFFLER
PRESIDENT1.0XX00
TEMPLE WEISS
IMMEDIATE PAST PRESIDENT1.0XX00
KAREN WALD
PRESIDENT ELECT1.0XX00
KYLE T LINER
TREASURER1.0XX00
BRIANNA HINOJOSA-FLORES
SECRETARY1.0XX00
SARA AGRITELLEY
TRUSTEE1.0X00
BRAD ALBERTS
TRUSTEE1.0X00
ROY ATWOOD
TRUSTEE1.0X00
DOUGLAS R BATTS
TRUSTEE1.0X00
WILLIAM M BEHRENDT
TRUSTEE1.0X00
BEVERLY BLUMENTHAL
TRUSTEE1.0X00
BRETT BRODNAX
TRUSTEE1.0X00
CHADWICK B COOK
TRUSTEE1.0X00
NANCY DAVENPORT
TRUSTEE1.0X00
BRIAN M DEMMA
TRUSTEE1.0X00
EARLY B DENISON
TRUSTEE1.0X00
JAY FOX
TRUSTEE1.0X00
GREG FREEMAN
TRUSTEE1.0X00
GAYE M GROSSI
TRUSTEE1.0X00
CHARLES HEATH
TRUSTEE1.0X00
SHERON D HERRIN
TRUSTEE1.0X00
ADAM R HICKEY
TRUSTEE1.0X00
LAURA HURT
TRUSTEE1.0X00
KRISTEN JOHNSTON SANGER
TRUSTEE1.0X00
GEORGE KELLY
TRUSTEE1.0X00
PATTI KELLY
TRUSTEE1.0X00
JOHN A LACY
TRUSTEE1.0X00
JOHN MARTIN
TRUSTEE1.0X00
STEVE A MCGAW
TRUSTEE1.0X00
MARK MCGOVERN
TRUSTEE1.0X00
DENNIS P MCHALE
TRUSTEE1.0X00
EUGENE W MILLER
TRUSTEE1.0X00
GEOFFREY W MILLER
TRUSTEE1.0X00
WILLIAM P MURRAY
TRUSTEE1.0X00
PATRICK C O'SHEA
TRUSTEE1.0X00
W L PENDERGRASS
TRUSTEE1.0X00
JENNIFER KATHY PERMENTER
TRUSTEE1.0X00
ROB POLLOCK
TRUSTEE1.0X00
MARC D SCHEINROCK
TRUSTEE1.0X00
CONNOR G SHEEHAN
TRUSTEE1.0X00
KIP SOWDEN
TRUSTEE1.0X00
STEVE STODGHILL
TRUSTEE1.0X00
KAREN TOOMBS
TRUSTEE1.0X00
RACHEL VARUGHESE
TRUSTEE1.0X00
JEFFLYN WILLIAMSON
TRUSTEE1.0X00
CATHERINE PACKARD
EXECUTIVE DIRECTOR40.01005687908X
KATHRYN C PARSONS
CHIEF EXECUTIVE OFFICER40.06771910697X
FieldValueIRS element (for citing)
Total Reportable Comp From Org168287TotalReportableCompFromOrg
Total Other Compensation18605TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Federated Campaigns288610FederatedCampaigns
Fundraising Events317339FundraisingEvents
Government Grants4410542GovernmentGrants
All Other Contributions387089AllOtherContributions
Total Contributions5403580TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM FEESDescription
Total Revenue Column2345780TotalRevenueColumn
Related Or Exempt Function Income2345780RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue2345780TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column28294TotalRevenueColumn
Exclusion$28,294ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Income Fundraising Events226814GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events317339CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses226814FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUSDescription
Business Code900099BusinessCode
Total Revenue Column8369TotalRevenueColumn
Related Or Exempt Function Income8369RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue8369TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7786023TotalRevenueColumn
Related Or Exempt Function Income2354149RelatedOrExemptFunctionIncome
Exclusion$28,294ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total168287Total
Program Services158194ProgramServices
Management And General3891ManagementAndGeneral
Fundraising6202Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total5565752Total
Program Services5231937ProgramServices
Management And General128686ManagementAndGeneral
Fundraising205129Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total926795Total
Program Services785644ProgramServices
Management And General108334ManagementAndGeneral
Fundraising32817Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total391242Total
Program Services319825ProgramServices
Management And General47458ManagementAndGeneral
Fundraising23959Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total200471Total
Program Services158201ProgramServices
Management And General5010ManagementAndGeneral
Fundraising37260Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total161504Total
Program Services153887ProgramServices
Management And General5205ManagementAndGeneral
Fundraising2412Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total406572Total
Program Services393182ProgramServices
Management And General8349ManagementAndGeneral
Fundraising5041Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total185270Total
Program Services184191ProgramServices
Management And General318ManagementAndGeneral
Fundraising761Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total18302Total
Program Services12443ProgramServices
Management And General1402ManagementAndGeneral
Fundraising4457Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total56131Total
Program Services56131ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total20280Total
Program Services19605ProgramServices
Management And General405ManagementAndGeneral
Fundraising270Fundraising

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
ADMINISTRATIVE EXPENSES7750854921140028585
RESPITE SERVICES1722916569660

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total8195343Total
Program Services7544730ProgramServices
Management And General323720ManagementAndGeneral
Fundraising326893Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY48232BOY
EOY158330EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY360408BOY
EOY29174EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY3900BOY
EOY100400EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1078607BOY
EOY798949EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY78256BOY
EOY101060EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis682169LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec625509LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY112790BOY
EOY56660EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY287247BOY
EOY421231EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1500BOY
EOY1500EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1970940BOY
EOY1667304EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY188028BOY
EOY196092EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY41108BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY200000BOY
EOY200000EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY5000BOY
EOY105000EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY434136BOY
EOY501092EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1311636BOY
EOY879953EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY225168BOY
EOY286259EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1536804BOY
EOY1166212EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1970940BOY
EOY1667304EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-409320ReconcilationRevenueExpenses
Reconciliation Unrealized Invest38728ReconciliationUnrealizedInvest
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4155356CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3281680CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years3384324CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year7036369CurrentTaxYearMinus1Year
Current Tax Year5403580CurrentTaxYear
Total23261309Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4155356CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3281680CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years3384324CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year7036369CurrentTaxYearMinus1Year
Current Tax Year5403580CurrentTaxYear
Total23261309Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total0AmountsSubstContributorsTotal
Public Support Total17023261309PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years18001CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3238CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years30359CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year9739CurrentTaxYearMinus1Year
Current Tax Year28294CurrentTaxYear
Total89631Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year8369CurrentTaxYear
Total8369Total
FieldValueIRS element (for citing)
Total Support23359309TotalSupport
Public Support Pertcentage1700.99581PublicSupportPertcentage170
Public Support Pertcent Prior Year0.99620PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance225168BeginningOfYearBalance
Contributions75000Contributions
Other Expenditures3210OtherExpenditures
Administrative Expenses10699AdministrativeExpenses
End Of Year Balance286259EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Contributions225168Contributions
End Of Year Balance225168EndOfYearBalance
FieldValueIRS element (for citing)
Current Year Minus2 YearsCurrentYearMinus2Years
Current Year Minus3 YearsCurrentYearMinus3Years
Current Year Minus4 YearsCurrentYearMinus4Years
Board Designated EOY Balance0.00000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.00000PermanentEndowmentEOYBalance
Term Endowment EOY Balance1.00000TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis682167OtherCostOrOtherBasis
Depreciation625509Depreciation
Book Value112790BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings112790TotalOfBookValueLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO LAUNCHABILITY FOUNDATIONDescription
Amount$105,000Amount
FieldValueIRS element (for citing)
Total Of Amounts105000TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt7874751TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments38728NetUnrealizedGainsInvestments
Recoveries Of Prior Year Grants50000RecoveriesOfPriorYearGrants
Revenue Not Rptd F99088728RevenueNotRptdF990
Revenue Subtotal7786023RevenueSubtotal
Total Revenue Per Form9907786023TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt8245343TotExpensesEtcAuditedFinclStmt
Prior Year Adjustments50000PriorYearAdjustments
Expenses Not Rptd F99050000ExpensesNotRptdF990
Expenses Subtotal8195343ExpensesSubtotal
Total Expenses Per Form9908195343TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
PART X, LINE 2FIN 48 (ASC 740) FOOTNOTE:MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL AND STATE TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED.
PART V, LINE 4TEMPORARILY RESTRICTED NET ASSETS:TEMPORARILY RESTRICTED NET ASSETS WERE HELD FOR THE FOLLOWING PURPOSES FOR CURRENT YEAR END: ELIJAH'S ANGEL FUND $ 10,375 ECI RELATED $126,856 SUPPORTED EMPLOYMENT SERVICES $149,028

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1EVENING DINNERNameOfEvent1
Gross Receipts Event1544153GrossReceiptsEvent1
Charitable Contributions Event1317339CharitableContributionsEvent1
Gross Revenue Event1226814GrossRevenueEvent1
Rent Facility Costs Event112771RentFacilityCostsEvent1
Food And Beverage Event134100FoodAndBeverageEvent1
Entertainment Event1112500EntertainmentEvent1
Other Direct Expenses Event167443OtherDirectExpensesEvent1
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total544153GrossReceiptsTotal
Charitable Contributions Total317339CharitableContributionsTotal
Gross Revenue Total Events226814GrossRevenueTotalEvents
Rent Facility Costs Total Events12771RentFacilityCostsTotalEvents
Food And Beverage Total Events34100FoodAndBeverageTotalEvents
Entertainment Total Events112500EntertainmentTotalEvents
Other Direct Expenses Total Events67443OtherDirectExpensesTotalEvents
Direct Expense Summary Events226814DirectExpenseSummaryEvents

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11AFORM 990 REVIEW PROCESS:THE 990 IS REVIEWED BY THE CEO AND THE CFO FOR ACCURACY AND COMPLETENESS BEFORE APPROVING THE RETURN. THE RETURN IS DISCUSSED WITH THE FINANCE COMMITTEE AND MADE AVAILABLE TO THE BOARD AT THE NEXT MEETING. ALSO, THE RETURN IS AVAILABLE FOR REVIEW UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY:EMPLOYEES AND BOARD MEMBERS OF LAUNCHABILITY HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES THE FRAMEWORK WITHIN WHICH LAUNCHABILITY WISHES ITS BUSINESS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO THAT EMPLOYEES AND BOARD MEMBERS CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. NO "PRESUMPTION OF GUILT" IS CREATED BY THE MERE EXISTANCE OF A RELATIONSHIP WITH OUTSIDE FIRMS. HOWEVER, IT IS IMPERATIVE THAT EMPLOYEES AND BOARD MEMBERS DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT COULD RESULT FROM SUCH RELATIONSHIPS TO AN OFFICER OF THE ORGANIZATION AS SOON AS POSSIBLE SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION POLICY:LAUNCHABILITY UTILIZES A SYSTEM OF FORMAL PERFORMANCE EVALUATION AS A NECESSARY MANAGEMENT TOOL TO AID IN DECISIONS REGARDING PROMOTIONS, COMPENSATION, TRAINING, AND DISCIPLINARY ACTION. THE APPRAISAL SYSTEM IS DESIGNED TO FOCUS ON MUTUAL GOAL SETTING BY THE SUPERVISOR AND THE EMPLOYEE AND WILL BE FOLLOWED UP BY REVIEWS TO ADJUST AND ASSESS PROGRESS TOWARD GOAL ATTAINMENT. ALL FULL-TIME AND PART-TIME EMPLOYEES RECEIVE WRITTEN PERFORMANCE EVALUATIONS TO REVIEW PROGRESS AND DISCUSS STANDARDS OF PERFORMANCE AND JOB RESPONSIBILITIES FOLLOWING THE 120-DAY ORIENTATION PERIOD AND AT LEAST ANNUALLY THEREAFTER. PERFORMANCE OBJECTIVES ARE ESTABLISHED IN ADVANCE OF ANY EVALUATION, THE EMPLOYEE AND THE EVALUATING SUPERVISOR SHOULD HAVE A CLEAR MUTUAL UNDERSTANDING OF WHAT THE EMPLOYEE IS EXPECTED TO DO ON THE JOB. PRIORITIES OR WEIGHTS, IF ANY, ASSIGNED TO PERFORMANCE STANDARDS SHOULD BE CLEAR AND MUTUALLY UNDERSTOOD. REVIEWS ARE DISCUSSED WITH THE EMPLOYEE AND SIGNED BY BOTH PARTIES, INDICATING THEY HAVE COMMUNICATED ON THE SUBJECT MATTER EVEN THOUGH THEY MAY NOT HAVE AGREED. THE EMPLOYEE HAS THE OPPORTUNITY TO SUBMIT WRITTEN COMMENTS ON THE REVIEW AND BOTH DOCUMENTS BECOME A PART OF THE EMPLOYEE'S PERMANENT PERSONNEL FILE. PERIODIC WORK PLANNING AND REVIEW SESSIONS ARE CONDUCTED THROUGHOUT THE YEAR WITH ALL EMPLOYEES TO EVALUATE PROGRESS ON THE ACHIEVEMENT OF PERFORMANCE GOALS AND ASSIGNED RESPONSIBILITIES. THE CEO AND/OR THE HR DIRECTOR REVIEWS ALL WRITTEN PERFORMANCE EVALUATIONS AND EMPLOYEE RESPONSES. EMPLOYEES ARE GIVEN THE OPPORTUNITY TO RESPOND TO THE APPRAISAL IN WRITING AND ARE PERMITTED TO KEEP A COPY OF THE APPRAISAL.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC INSPECTION:PUBLIC INSPECTION OF ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
FORM 990, PART VI, SECTION B, LINE 13THE ORGANIZATION IS WORKING DILIGENTLY TO DRAFT A WRITTEN WHISTLEBLOWER POLICY, AND PLANS TO FINALIZE AND IMPLEMENT THIS POLICY NO LATER THAN DECEMBER 31, 2014.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1LAUNCHABILITY FOUNDATIONBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14350 SIGMA ROADAddressLine1
CityDALLASCity
StateTXState
ZIP Code75244ZIPCode
FieldValueIRS element (for citing)
EIN451838041EIN
Primary ActivitiesSUPPORTPrimaryActivities
Legal Domicile StateTXLegalDomicileState
Exempt Code Section501(c)(3)ExemptCodeSection
Public Charity Status7PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgtrueLoansOrGuaranteesFromOtherOrg
Dividends Related OrganizationfalseDividendsRelatedOrganization
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1LAUNCHABILITY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeLOANTransactionType
Amount Involved105000AmountInvolved
Method Of Amt DeterminationCASHMethodOfAmtDetermination

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