Launch Point Cdc Inc
EIN: 760400074 · Houston, TX · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $869K |
| Total Expenses | $464K |
| Net Assets | $3K |
Is Launch Point Cdc Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Launch Point Cdc Inc
Launch Point Cdc Inc (EIN: 760400074) is a nonprofit organization based in Houston, TX, classified under NTEE code P40. The organization reported total revenue of $869K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Launch Point Cdc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Launch Point Cdc Inc is a small nonprofit that has been operating for 3 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $385K |
| Total Expenses | $464K |
| Surplus / Deficit | $-78,904 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -20.5% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Launch Point Cdc Inc reported a deficit of $79K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2014–2023), Launch Point Cdc Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.9% | -38.5% | -96.5% |
| 2022 | +243.0% | +419.7% | -27.5% |
| 2018 | +31.4% | -18.3% | +418.2% |
| 2016 | +59.8% | +61.6% | -3.7% |
| 2015 | +15.0% | +13.6% | +161.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Launch Point Cdc Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Launch Point Cdc Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $79K, with expenses exceeding revenue.
Frequently Asked Questions about Launch Point Cdc Inc
Is Launch Point Cdc Inc a legitimate charity?
Launch Point Cdc Inc (EIN: 760400074) is a registered tax-exempt nonprofit based in Texas. It has 6 years of IRS 990 filings on record. Total revenue: $869K. No red flags identified. Financial health grade: C.
How does Launch Point Cdc Inc spend its money?
Launch Point Cdc Inc reported $869K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Launch Point Cdc Inc tax-deductible?
Launch Point Cdc Inc is registered as a tax-exempt nonprofit (EIN: 760400074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Launch Point Cdc Inc located?
Launch Point Cdc Inc is headquartered in Houston, Texas and files with the IRS under EIN 760400074. It is classified under NTEE code P40.
How many years of IRS 990 filings does Launch Point Cdc Inc have?
Launch Point Cdc Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $869K in total revenue.
Filing History
IRS 990 filing history for Launch Point Cdc Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), Launch Point Cdc Inc's revenue has grown by 281.8%, moving from $101K to $385K. Total assets decreased by 66.8% over the same period, from $9K to $3K. Total functional expenses rose by 379.4%, from $97K to $464K. In its most recent filing year (2023), Launch Point Cdc Inc reported a deficit of $79K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $385K | $464K | $3K | $0 | — | — |
| 2022 | $835K | $753K | $82K | $0 | — | — |
| 2018 | $243K | $145K | $113K | $20K | — | View 990 |
| 2016 | $185K | $177K | $22K | $0 | — | View 990 |
| 2015 | $116K | $110K | $23K | $8K | — | View 990 |
| 2014 | $101K | $97K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $385K, expenses of $464K, and assets of $3K (revenue -53.9% year-over-year).
- 2022: Revenue of $835K, expenses of $753K, and assets of $82K (revenue +243.0% year-over-year).
- 2018: Revenue of $243K, expenses of $145K, and assets of $113K (revenue +31.4% year-over-year).
- 2016: Revenue of $185K, expenses of $177K, and assets of $22K (revenue +59.8% year-over-year).
- 2015: Revenue of $116K, expenses of $110K, and assets of $23K (revenue +15.0% year-over-year).
- 2014: Revenue of $101K, expenses of $97K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Launch Point Cdc Inc:
Data Sources and Methodology
This transparency report for Launch Point Cdc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.