Totals
- Total revenue
- $1,180,931
- Total expenses
- $981,190
- Contributions and grants received
- $1,069,051
- Grants paid
- $0
- Program service revenue
- $110,984
- Investment income
- $896
- Other revenue
- $0
- Total assets, end of year
- $1,317,452
- Total liabilities, end of year
- $607,352
- Net assets or fund balances, end of year
- $710,100
- Program services expenses (Part IX)
- $674,978
- Management and general expenses
- $183,990
- Fundraising expenses
- $122,222
- Program service expenses (Part III)
- $674,978
Program services were 68.8% 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.
-
1c · Fundraising events
$8,150
-
1e · Government grants (contributions)
$293,125
-
1f · All other contributions, gifts and grants
$767,776
-
2a · Program service revenue: PROGRAM SERVICE REVENUE
total $110,984 · related or exempt $110,984
-
3 · Investment income
total $896 · related or exempt $896
-
8a · Fundraising events: contributions included on line 1c
$8,150
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $389,870 · program services $250,282 · management and general $57,513 · fundraising $82,075
-
10 · Payroll taxes
total $28,209 · program services $18,109 · management and general $4,161 · fundraising $5,939
-
11c · Fees: accounting
total $24,330 · program services $8,607 · management and general $15,723
-
11g · Fees: other
total $154,466 · program services $109,379 · management and general $33,947 · fundraising $11,140
-
12 · Advertising and promotion
total $22,407 · program services $16,032 · management and general $5,542 · fundraising $833
-
13 · Office expenses
total $42,603 · program services $20,156 · management and general $14,649 · fundraising $7,798
-
16 · Occupancy
total $140,762 · program services $127,264 · management and general $13,498
-
17 · Travel
total $25,791 · program services $14,478 · management and general $8,583 · fundraising $2,730
-
20 · Interest
total $7,753 · program services $2,099 · management and general $5,654
-
22 · Depreciation, depletion and amortization
total $23,646 · program services $19,511 · management and general $4,135
-
23 · Insurance
total $9,842 · management and general $9,842
-
24a · Other expenses: PROGRAM SUPPLIES
total $52,489 · program services $49,896 · management and general $2,270 · fundraising $323
-
24b · Other expenses: EQUIPMENT RENTAL AND MAIN
total $26,235 · program services $24,957 · management and general $1,278
-
24c · Other expenses: PROGRAM EVENTS
total $8,521 · program services $4,579 · management and general $193 · fundraising $3,749
-
24d · Other expenses: COGS
total $7,416 · fundraising $7,416
-
24e · All other expenses
total $16,850 · program services $9,629 · management and general $7,002 · fundraising $219
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $469,337 · end of year $469,032
-
3 · Pledges and grants receivable
beginning of year $75,000 · end of year $325,000
-
4 · Accounts receivable
beginning of year $30,363 · end of year $12,138
-
9 · Prepaid expenses and deferred charges
beginning of year $4,120
-
10a · Land, buildings and equipment: cost or other basis
$351,908
-
10b · Land, buildings and equipment: accumulated depreciation
$46,356
-
10c · Land, buildings and equipment, net
beginning of year $118,238 · end of year $305,552
-
14 · Intangible assets
beginning of year $5,700 · end of year $10,603
-
15 · Other assets
beginning of year $813 · end of year $195,127
-
17 · Accounts payable and accrued expenses
beginning of year $43,312 · end of year $99,217
-
24 · Unsecured notes and loans payable
beginning of year $149,900 · end of year $508,135
-
27 · Net assets without donor restrictions
beginning of year $466,181 · end of year $693,115
-
28 · Net assets with donor restrictions
beginning of year $44,178 · end of year $16,985
Mission and programs · 2022
Mission
LAUNCH CHA EMPOWERS INDIVIDUALS AND COMMUNITIES THROUGH ENTREPRENEURSHIP
-
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.
Expenses $674,978 · Revenue $110,984
As filed on the 2022 return.
Listed in Part VII
-
Hal BowlingHAL BOWLING
EXECUTIVE DI
- Total calculated
- $114,750
- From this org
- $106,527
- From related orgs
- $0
- Other
- $8,223
- Hours/week
- 40
-
Zac BrownZAC BROWN
PRESIDENT
- Total calculated
- $0
-
Marcus Cade-JohnsonMARCUS CADE-JOHNSON
MEMBER
- Total calculated
- $0
-
Chuck FisherCHUCK FISHER
MEMBER
- Total calculated
- $0
-
Lindsey GallaherLINDSEY GALLAHER
MEMBER
- Total calculated
- $0
-
Quentin LawrenceQUENTIN LAWRENCE
MEMBER
- Total calculated
- $0
-
Juli-Ann MorganJULI-ANN MORGAN
MEMBER
- Total calculated
- $0
-
Ternae Jordan SrTERNAE JORDAN SR
MEMBER
- Total calculated
- $0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349304533
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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