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Nonprofiteer
← STRATEGIC LAUNCH NETWORK

Form 990 for tax year 2024

Filed by STRATEGIC LAUNCH NETWORK.

Totals

Total revenue
$4,050,363
Total expenses
$2,507,500
Contributions and grants received
$3,942,856
Grants paid
$2,500,000
Program service revenue
$0
Investment income
$90,934
Other revenue
$16,573
Total assets, end of year
$4,959,123
Total liabilities, end of year
$19,388
Net assets or fund balances, end of year
$4,939,735
Program services expenses (Part IX)
$2,500,000
Management and general expenses
$7,500
Fundraising expenses
$0
Program service expenses (Part III)
$2,500,000

Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,942,856

  • 3 · Investment income

    total $90,934 · excluded $90,934

  • 11a · Other revenue: Registration/Fee Incom

    total $16,573 · related or exempt $16,573

  • 11e · Other revenue, total

    $16,573

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,500,000 · program services $2,500,000

  • 13 · Office expenses

    total $7,500 · management and general $7,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,192,370 · end of year $2,504,785

  • 2 · Savings and temporary cash investments

    end of year $2,434,950

  • 3 · Pledges and grants receivable

    beginning of year $204,502

  • 9 · Prepaid expenses and deferred charges

    end of year $19,388

  • 17 · Accounts payable and accrued expenses

    end of year $19,388

  • 27 · Net assets without donor restrictions

    end of year $164,073

  • 28 · Net assets with donor restrictions

    beginning of year $3,396,872 · end of year $4,775,662

Mission and programs · 2024

Mission

See Schedule O.To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations, and leaders.

Activities or mission (Part I)

See Schedule O.

  • To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations, and leaders.

    Expenses $2,500,000 · Grants $2,500,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Steve Stroope began 12024

    President/Board Member

    Total calculated
    $0
    Hours/week
    4

  • Mark Lee

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Aaron Graham

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • David Pothier began 12024

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Ron Sylvia began 12024

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Ben Pilgreen began 12024

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Aaron Brockett

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Josh Howerton

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Austin Adams

    Treasurer

    Total calculated
    $0
    Hours/week
    8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202523189349307362

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.