Launch Church INC: Nonprofit Profile, Financials & Form 990 (EIN 82-3041513)

Revenue by fiscal year
FY2021	$2K
FY2022	$45K
FY2023	$93K

Expenses by fiscal year
FY2021	Not on file
FY2022	$25K
FY2023	$77K

Net assets by fiscal year
FY2021	$2K
FY2022	$45K
FY2023	$6K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Aug 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $77K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Latasha Clark

CEO

$0Pt VII · Sec A

See Launch Church INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Sharing Jesus' message through outreach, encouraging those in need, and preaching in various settings.

Questions for Launch Church INC

Tap to ask. Launch Church INC sees how many people are interested.

Your first name shows with your question. Launch Church INC answers here, for everyone.

3 programs · $70K · in their own filed words · FY2022

01

Providing location through building supplies for our location build out for services and direct service to parishioners

$50Kprogram expense

02

Community outreach and supporting individuals with food and shelter

$10Kprogram expense

03

General operating for organization.

$10Kprogram expense

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$93K

Ln 12

Gifts and grantsLn 1h$93K

Money outPt IX

$77K

Ln 25

Programscol B$77K

Owns and owesPt X

$6K

net assets · Ln 32

Cash and savingsLn 1–2$93K

Total assetsLn 16$93K

LiabilitiesLn 26$87K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$93K

Government grantsLn 1e$0

Noncash giftsLn 1g$0

Gains on assetsLn 7$0

Total revenueLn 12$93K

Assets in detailPt X, end of year

CashLn 1$93K

Cash and savings togetherLn 1–2$93K

Total assetsLn 16$93K

LiabilitiesLn 26$87K

Net assetsLn 32$6K

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$35K	$93K
Total assetsLn 16	$35K	$93K
LiabilitiesLn 26	$35K	$87K
Net assetsLn 32	$0	$6K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$0	$0
Grants to domestic individualsLn 2	$0	$0
Grants and assistance to foreign recipientsLn 3	$0	$0
Benefits paid to or for membersLn 4	$0	$0
Pay of current officers, directors and key staffLn 5	$0	$0
Pay of disqualified personsLn 6	$0	$0
Other salaries and wagesLn 7	$0	$0
Other employee benefitsLn 9	$0	$0
Payroll taxesLn 10	$0	$0
Management feesLn 11a	$0	$0
Legal feesLn 11b	$0	$0
Accounting feesLn 11c	$0	$0
Lobbying feesLn 11d	$0	$0
Investment management feesLn 11f	$0	$0
Other fees for servicesLn 11g	$0	$0
Advertising and promotionLn 12	$8K	$8K
Office expensesLn 13	$5K	$5K
Information technologyLn 14	$2K	$2K
OccupancyLn 16	$10K	$10K
Conferences, conventions and meetingsLn 19	$1K	$1K
InsuranceLn 23	$1K	$1K
Other expenses (24a–d)Ln 24	$50K	$50K
Total functional expensesLn 25	$77K	$77K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2023 Latest ViewingFiled with the IRS Mar 19, 2024	$93K	$77K	$16K	$6K	990 PDF
FY2022Filed with the IRS Mar 19, 2024	$45K	$25K	$20K	$45K	990 PDF
FY2021Filed with the IRS Jun 19, 2024	$2K			$2K	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $92,794 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $45,000$92,794

I-9 Program service revenue$0

I-10 Investment income$0

I-11 Other revenue$0

I-12 Total revenuePrior year $45,000$92,794

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expenses$77,200

I-18 Total expensesPrior year $0$77,200

I-19 Revenue less expensesPrior year $45,000$15,594

Part VI · Governance 0 of 3 board members independent, no flags

VI-1a Voting members of the governing body3

VI-1b Independent voting members0

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $92,794 across 13 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$92,794

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$92,794

VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0$0

VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0$0

VIII-6 Net rental income or lossRelated to mission $0$0

VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0

VIII-8 Net income from fundraising events$0

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$92,794

Part IX · Statement of functional expenses $77,200 across 22 lines filed

IX-1 Grants to domestic organizationsPrograms $0$0

IX-2 Grants to domestic individualsPrograms $0$0

IX-3 Grants and assistance to foreign recipientsPrograms $0$0

IX-4 Benefits paid to or for membersPrograms $0$0

IX-5 Pay of current officers, directors and key staffPrograms $0$0

IX-6 Pay of disqualified personsPrograms $0$0

IX-7 Other salaries and wagesPrograms $0$0

IX-9 Other employee benefitsPrograms $0$0

IX-10 Payroll taxesPrograms $0$0

IX-11a Management feesPrograms $0$0

IX-11b Legal feesPrograms $0$0

IX-11c Accounting feesPrograms $0$0

IX-11d Lobbying feesPrograms $0$0

IX-11f Investment management feesPrograms $0$0

IX-11g Other fees for servicesPrograms $0$0

IX-12 Advertising and promotionPrograms $7,500$7,500

IX-13 Office expensesPrograms $5,000$5,000

IX-14 Information technologyPrograms $2,500$2,500

IX-16 OccupancyPrograms $10,000$10,000

IX-19 Conferences, conventions and meetingsPrograms $1,000$1,000

IX-23 InsurancePrograms $1,200$1,200

IX-24 Other expenses (24a–d)Programs $50,000$50,000

IX-25 Total functional expensesPrograms $77,200 · Management $0 · Fundraising $0$77,200

Part X · Balance sheet $92,794 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $35,000$92,794

X-16 Total assetsStart of year $35,000$92,794

X-17 Accounts payable and accrued expensesStart of year $35,000$87,000

X-26 Total liabilitiesStart of year $35,000$87,000

X-29 Capital stock or trust principalStart of year $0$5,794

X-30 Paid-in or capital surplusStart of year $0$0

X-31 Retained earnings or endowmentStart of year $0$0

X-32 Total net assets or fund balancesStart of year $0$5,794

X-33 Total liabilities and net assetsStart of year $35,000$92,794

Part XI · Reconciliation of net assets $5,794 net assets at year end

XI-1 Total revenue$92,794

XI-2 Total expenses$77,200

XI-3 Revenue less expenses$15,594

XI-4 Net assets at start of year$0

XI-10 Net assets at end of year$5,794

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.