LAUNCH TERRE HAUTE: Form 990EZ, tax year 2020
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- Organization
- LAUNCH TERRE HAUTE (EIN 46-5697332)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-06-24
- IRS object ID
- 202111759349200806
- Schema version
- 2020v4.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-24T13:34:33-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351327464 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SACKRIDER & COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1925 Wabash Ave | AddressLine1Txt |
| City | Terre Haute | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47807 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465697332 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUNCH Terre Haute Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAUN | BusinessNameControlTxt |
| Phone | 8122442762 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 619 Cherry Street | AddressLine1Txt |
| City | Terre Haute | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47807 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Eleanor Caldwell | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8122329492 | PhoneNum |
| Signature | 2021-06-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Eleanor | PersonFirstNm |
| Person Last | Caldwell | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Eleanor M Caldwell CPA | PreparerPersonNm |
| PTIN | P00634823 | PTIN |
| Phone | 8122329492 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | www.launchterrehaute.com | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $188,169 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $104,226 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $35,510 | ProgramServiceRevenueAmt |
| Membership Dues | $13,933 | MembershipDuesAmt |
| Other Revenue Total | $34,500 | OtherRevenueTotalAmt |
| Total Revenue | $188,169 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $94,322 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $250 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $690 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $98 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $81,382 | OtherExpensesTotalAmt |
| Total Expenses | $176,742 | TotalExpensesAmt |
| Excess Or Deficit For Year | $11,427 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $72,295 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $83,722 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,535 | BOYAmt |
| EOY | $41,196 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,867 | BOYAmt |
| EOY | $47,018 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,402 | BOYAmt |
| EOY | $88,214 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,107 | BOYAmt |
| EOY | $4,492 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,295 | BOYAmt |
| EOY | $83,722 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | To provide collaborative workspace open to freelance workers, independent workers, independent contractors, entrepreneurs, and start up companies. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Support sustainable economic development and entrepreneurial spirit by fostering a culture of innovation, embracing creative thinking, advancing local talent, and providing a beacon for success. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $139,476 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $139,476 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Eleanor Caldwell | ||||
| Treasurer | 1.00 | $0 | $0 | $0 |
| Shelley Klingerman | ||||
| Executive Director | 40.00 | $33,983 | $0 | $0 |
| Sara Smith | ||||
| President | 1.00 | $0 | $0 | $0 |
| Brian Kooistra | ||||
| Vice President | 1.00 | $0 | $0 | $0 |
| Bernice Helman | ||||
| Vice President | 1.00 | $0 | $0 | $0 |
| John Collett | ||||
| Vice President | 1.00 | $0 | $0 | $0 |
| Kurt Wilkinson | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Kristin Craig | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Nathan Vooys | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Jared Ell | ||||
| Executive Director | 40.00 | $13,862 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eleanor Caldwell | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 619 Cherry Street | AddressLine1Txt |
| City | Terre Haute | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47807 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8122442762 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $165,478 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $233,620 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $177,240 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $118,159 | CurrentTaxYearAmt |
| Total | $793,464 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $15,520 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,850 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $49,210 | CurrentTaxYearAmt |
| Total | $77,580 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $165,478 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $249,140 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $190,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $167,369 | CurrentTaxYearAmt |
| Total | $871,044 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $871,044 | PublicSupportTotal509Amt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $20,800 | CurrentTaxYearAmt |
| Total | $20,800 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $165,478 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $249,140 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $190,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $188,169 | CurrentTaxYearAmt |
| Total | $891,844 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97670 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part I, Line 8 - Other Revenue | Description: Co-work Space & Mailbox. Amount: 13,700. Description: PPP Loan Revenue. Amount: 20,800. Total to Form 990-EZ, line 8: 34,500. |
| Form 990-EZ, Part I, Line 14 | Description: Depreciation. Amount: 690. |
| Form 990-EZ, Part I, Line 16 - Other Expenses | Description: Advertising/Promotional. Amount: 1,500. Description: Cleaning & Maintenance. Amount: 3,122. Description: Consulting Fees. Amount: 37,290. Description: Credit Card Fees. Amount: 336. Description: Dues & Subscriptions. Amount: 2,518. Description: Equipment Leases. Amount: 218. Description: Events Expenses. Amount: 1,500. Description: Insurance . Amount: 1,443. Description: IT Consulting. Amount: 564. Description: Meals. Amount: 33. Description: Office Supplies. Amount: 3,453. Description: Online Service Fees. Amount: 1,152. Description: Quickbooks Fees. Amount: 312. Description: Refreshments. Amount: 307. Description: Rental Expense. Amount: 20,503. Description: Security. Amount: 60. Description: Technology Equipment. Amount: 381. Description: Telephone Expenses. Amount: 150. Description: Travel. Amount: 86. Description: Utilities. Amount: 5,305. Description: Website Maintenance. Amount: 750. Description: Miscellaneous Expense. Amount: 399. Total to Form 990-EZ, line 16: 81,382. |
| Form 990-EZ, Part II, Line 24 - Other Assets | Description: Accounts Receivable. Beg. of Year Amount: -187. End of Year Amount: 40,510. Description: Prepaid Expenses and Deferred Charges. Beg. of Year Amount: 5,560. End of Year Amount: 0. Description: Other Depreciable Assets. Beg. of Year Amount: 1,494. End of Year Amount: 6,508. |
| Form 990-EZ, Part II, Line 26 - Other Liabilities | Description: Accounts Payable. Beg. of Year Amount: 1,150. End of Year Amount: 1,991. Description: Payroll Liabilities. Beg. of Year Amount: 1,957. End of Year Amount: 2,501. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. | DeclarationDesc |