LAUNCHYOURCITY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LAUNCHYOURCITY INC (EIN 26-3190220)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-06
IRS object ID: 202523109349303612
Schema version: 2024v5.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-06T14:20:29-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	261180446	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	THE MARSTON GROUP PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1661 INTERNATIONAL DRIVE SUITE 250	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	263190220	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAUNCHYOURCITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LAUN	BusinessNameControlTxt
Phone	9012137795	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	140 S MAIN STREET SUITE 3	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ERIC MATHEWS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9012137795	PhoneNum
Signature	2025-11-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SUSAN M LATTIMORE	PreparerPersonNm
PTIN	P00834343	PTIN
Phone	9017613003	PhoneNum
Preparation	2025-11-06	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	START CO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	ERIC MATHEWS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	140 S MAIN STREET SUITE 3	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$881,149	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NEVERSTOP.CO	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2008	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF INNOVATION AND ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL CIVIC, SOCIAL, AND TECH-BASED ENTREPRENEURS AND INNOVATORS DEVELOP A BUSINESS MODEL AND TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS OR PROGRAM. LAUNCHYOURCITY IS A PRACTITIONER OF INNOVATION DRIVEN ECONOMIC DEVELOPMENT ACCELERATING AND BROKERING TALENT, TECHNOLOGY AND CAPITAL LEVERAGING THE ECONOMIC ASSETS OF THE REGION TO CREATE COMMUNITIES WHERE MEANINGFUL JOBS, LIVEABLE COMMUNITIES, INCLUSIVE SOCIETIES, AND COLLABORATIVE GOVERNANCE INTERSECT FOR SUCCESS.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	6	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$132,880	PYContributionsGrantsAmt
CY Contributions Grants	$568,303	CYContributionsGrantsAmt
PY Program Service Revenue	$353,665	PYProgramServiceRevenueAmt
CY Program Service Revenue	$311,936	CYProgramServiceRevenueAmt
PY Investment Income	$264	PYInvestmentIncomeAmt
CY Investment Income	$910	CYInvestmentIncomeAmt
PY Other Revenue	$1,001	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$487,810	PYTotalRevenueAmt
CY Total Revenue	$881,149	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$532,760	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$482,984	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$153,170	CYTotalFundraisingExpenseAmt
PY Other Expenses	$172,627	PYOtherExpensesAmt
CY Other Expenses	$263,137	CYOtherExpensesAmt
PY Total Expenses	$705,387	PYTotalExpensesAmt
CY Total Expenses	$746,121	CYTotalExpensesAmt
PY Revenues Less Expenses	-$217,577	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$135,028	CYRevenuesLessExpensesAmt
Total Assets BOY	$44,494	TotalAssetsBOYAmt
Total Assets EOY	$110,204	TotalAssetsEOYAmt
Total Liabilities BOY	$463,158	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$393,840	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$418,664	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$283,636	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	LAUNCHYOURCITY SUPPORTS THE EARLIEST STAGES OF ENTREPRENEURSHIP IN MEMPHIS WITH DYNAMIC PROGRAMS THAT ARE DESIGNED TO HELP POTENTIAL ENTREPRENEURS TO TAKE THE FIRST ACTIONABLE STEPS OF STARTING A NEW BUSINESS. ADDITIONALLY, LAUNCHYOURCITY SUPPLIES A CO-WORKING ENVIRONMENT TO LOWER THE ECONOMIC BARRIER OF ENTRY TO INCUBATION ALONG WITH AD HOC MENTORING. FOR STARTUPS AND BUSINESSES, LAUNCHYOURCITY PROVIDES MEMPHIS' ONLY DYNAMIC INNOVATION ECONOMY PROGRAMMING TO KEEP UP-TO-SPEED ON THE LATEST TRENDS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$288,833	ExpenseAmt
Revenue	$238,075	RevenueAmt
Desc	ENTREPRENEURSHIP SUPPORT: SUPPORTING EARLY-STAGE START-UPS IN ALL AREAS OF BUSINESS DEVELOPMENT. ENTREPRENEURS ARE SCHOOLED IN DEVELOPING A BUSINESS MODEL THAT WILL ACHIEVE SUSTAINABILITY. THEY RECEIVE MENTORING, FINANCIAL COUNSELING AND OPPORTUNITIES TO COMPETE IN THE MARKETPLACE FOR INVESTOR FUNDING.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$105,864	ExpenseAmt
Revenue	$73,861	RevenueAmt
Desc	ECONOMIC DEVELOPMENT: LEVERAGING THE ECONOMIC ASSETS OF THE MEMPHIS REGION TO BUILD INNOVATIVE SOLUTIONS AND PROGRAMS TO CREATE MEANINGFUL JOBS, ECONOMIC OPPORTUNITY, AND MORE ADVANCED COMMUNITIES. WE WORK WITH CITY, STATE, AND FEDERAL GOVERNMENTS AS WELL AS CIVIC PARTNERS AND SUPPLY PROCESSES AND SUPPORT TO BUILD CIVIC INNOVATIONS AND SOLUTIONS THAT DRIVE ECONOMIC GROWTH FOR ALL CITIZENS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$394,697	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	5	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	6	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9012137795	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	140 S MAIN STREET SUITE 3	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ERIC MATHEWS
CEO, PRESIDENT, FOUNDER	40.00	Yes (X)	Yes (X)	$125,922	$0	$0
BRAD SILVER
BOARD MEMBER, TREASURER	0.00	Yes (X)	Yes (X)	$0	$0	$0
GWIN SCOTT
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
TOM BAKER
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
THOMAS HUSSEY
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
CHARLES BEECH
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
PHIL BLUM
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$125,922	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$347,808	GovernmentGrantsAmt
All Other Contributions	$220,495	AllOtherContributionsAmt
Total Contributions	$568,303	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	ENTREPRENEUR TRAINING/	Desc
Business	541900	BusinessCd
Total Revenue Column	$311,936	TotalRevenueColumnAmt
Related Or Exempt Func Income	$311,936	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$311,936	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$910	TotalRevenueColumnAmt
Exclusion	$910	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$881,149	TotalRevenueColumnAmt
Related Or Exempt Func Income	$311,936	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$910	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$125,922	TotalAmt
Program Services	$42,813	ProgramServicesAmt
Management And General	$41,554	ManagementAndGeneralAmt
Fundraising	$41,555	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$300,836	TotalAmt
Program Services	$102,284	ProgramServicesAmt
Management And General	$99,276	ManagementAndGeneralAmt
Fundraising	$99,276	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$18,836	TotalAmt
Program Services	$18,836	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$37,390	TotalAmt
Program Services	$12,712	ProgramServicesAmt
Management And General	$12,339	ManagementAndGeneralAmt
Fundraising	$12,339	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$14,432	TotalAmt
Management And General	$14,432	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,508	TotalAmt
Program Services	$4,508	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$144	TotalAmt
Management And General	$144	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,027	TotalAmt
Management And General	$1,027	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$6,936	TotalAmt
Management And General	$6,936	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,323	TotalAmt
Management And General	$4,323	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$28,606	TotalAmt
Program Services	$28,606	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,969	TotalAmt
Program Services	$1,969	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$8,657	TotalAmt
Management And General	$8,657	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,432	TotalAmt
Management And General	$6,432	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
ECOSYSTEM DEVELOPMENT	$93,980	$93,980
URBANITE CHALLENGE	$50,000	$50,000
COMMUNITY DEVELOPMENT	$38,989	$38,989
DUES & SUBSCRIPTIONS	$1,398		$1,398

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,736	TotalAmt
Management And General	$1,736	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$746,121	TotalAmt
Program Services	$394,697	ProgramServicesAmt
Management And General	$198,254	ManagementAndGeneralAmt
Fundraising	$153,170	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,884	BOYAmt
EOY	$61,219	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$10,000	BOYAmt
EOY	$15,000	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$77,841	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$77,841	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$7,594	BOYAmt
EOY	$7,594	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$23,016	BOYAmt
EOY	$26,391	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$44,494	BOYAmt
EOY	$110,204	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$192,346	BOYAmt
EOY	$131,648	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$120,000	BOYAmt
EOY	$120,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$150,812	BOYAmt
EOY	$142,192	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$463,158	BOYAmt
EOY	$393,840	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$418,664	BOYAmt
EOY	-$283,636	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$418,664	BOYAmt
EOY	-$283,636	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$44,494	BOYAmt
EOY	$110,204	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$135,028	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,512,266	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$661,242	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$692,125	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$133,881	CurrentTaxYearMinus1YearAmt
Current Tax Year	$220,495	CurrentTaxYearAmt
Total	$3,220,009	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,512,266	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$661,242	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$692,125	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$133,881	CurrentTaxYearMinus1YearAmt
Current Tax Year	$220,495	CurrentTaxYearAmt
Total	$3,220,009	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$3,220,009	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$36	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$21	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$189	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$264	CurrentTaxYearMinus1YearAmt
Current Tax Year	$910	CurrentTaxYearAmt
Total	$1,420	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,221,429	TotalSupportAmt
Gross Receipts Rltd Activities	$1,339,909	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.99960	PublicSupportCY170Pct
Public Support PY170	0.99980	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$77,841	OtherCostOrOtherBasisAmt
Depreciation	$77,841	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
MARKETABLE SECURITIES	$6,600	C
INVESTMENT BOOSTERVILLE	$994	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$7,594	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
DUE FROM VENTURE C CORP	$7,461
DUE FROM WOLF RIVER ANGELS	$6,505
DUE FROM WOLF RIVER PARTNERS	$5,911
DUE FROM WOLF RIVER PARTNERS II	$5,524
DUE FROM WOLF RIVER PARTNERS III	$990

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$26,391	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
DUE TO WOLF RIVER ANGELS FUND III, LP	$157,318
DUE TO WOLF RIVER ANGELS FUND I, LP	-$21,352
DUE TO WOLF RIVER ANGELS FUND II, LP	-$22,154
DUE TO WOLF RIVER PARTNERS	$28,750
ERIC LOAN	-$370

Field	Value	IRS element (for citing)
Total Liability	$142,192	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE ACCOUNTANT PREPARING FORM 990 PRESENTS A COPY TO THE BOARD OF DIRECTORS AND EXECUTIVES FOR APPROVAL BEFORE FILING.
FORM 990, PART VI, SECTION C, LINE 19	THE FINANCIAL STATEMENTS AND FORM 990 FOR LAUNCHYOURCITY DBA LAUNCHMEMPHIS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION'S EXECUTIVES OR A MEMBER OF THE BOARD.