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TENNESSEE TECHNOLOGY DEVELOPMENT CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TENNESSEE TECHNOLOGY DEVELOPMENT CORPORATION (EIN 62-1765738)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-02-15
IRS object ID
202610469349300176
Schema version
2024v5.5
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

FieldValueIRS element (for citing)
Return2026-02-15T20:13:20-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN134255527PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CALVETTI FERGUSONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11221 BROADWAY SUITE 2000AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN621765738EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TENNESSEE TECHNOLOGY DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTENNBusinessNameControlTxt
Phone6159912809PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 TAYLOR PLACE 101AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDSEY COXPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6159912809PhoneNum
Signature2026-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKELLY RANGELPreparerPersonNm
PTINP01488342PTIN
Phone6154518041PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LAUNCH TENNESSEEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerLINDSEY COXPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 TAYLOR PLACE STE 101AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37208ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,676,561GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressLAUNCHTN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionCREATION OF ECONOMIC ACTIVITY THROUGH DEVELOPMENT OF TECHNOLOGICAL RESEARCH AND DEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,716,630PYContributionsGrantsAmt
CY Contributions Grants$18,281,548CYContributionsGrantsAmt
PY Program Service Revenue$489,541PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$356,774PYInvestmentIncomeAmt
CY Investment Income$77,253CYInvestmentIncomeAmt
PY Other Revenue-$539,631PYOtherRevenueAmt
CY Other Revenue-$710,279CYOtherRevenueAmt
PY Total Revenue$13,023,314PYTotalRevenueAmt
CY Total Revenue$17,648,522CYTotalRevenueAmt
PY Grants And Similar Paid$8,517,846PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$13,131,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,262,173PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,458,165CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,503,598PYOtherExpensesAmt
CY Other Expenses$1,501,091CYOtherExpensesAmt
PY Total Expenses$12,283,617PYTotalExpensesAmt
CY Total Expenses$17,090,256CYTotalExpensesAmt
PY Revenues Less Expenses$739,697PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$558,266CYRevenuesLessExpensesAmt
Total Assets BOY$32,224,900TotalAssetsBOYAmt
Total Assets EOY$37,823,501TotalAssetsEOYAmt
Total Liabilities BOY$28,605,645TotalLiabilitiesBOYAmt
Total Liabilities EOY$33,645,979TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,619,255NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,177,522NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLAUNCH TENNESSEE IS A 501C3 THAT SUPPORTS THE STARTUP ECOSYSTEM THROUGH CAPITAL, CONNECTIONS AND COMMERCIALIZATION. AS A PUBLIC-PRIVATE PARTNERSHIP, WE ARE UNIQUELY POSITIONED TO PROVIDE DIRECT INVESTMENT, WHILE ALSO SUPPORTING COLLABORATION AMONG FOUNDERS, INVESTORS, RESEARCHERS, THE PRIVATE SECTOR AND GOVERNMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,058,991ExpenseAmt
Grant$9,058,991GrantAmt
DescSBIR/STTR SUPPORT PROGRAM - THE ORGANIZATION'S SBIR MATCHING FUND PROGRAM PROVIDES GRANTS TO SELECTED TENNESSEE COMPANIES WHO HAVE RECEIVED FEDERAL SBIR/STTR AWARDS. THE GOAL OF THE SUPPORT EFFORT IS TO ASSIST TENNESSEE COMPANIES IN ACHIEVING HIGHER THAN AVERAGE SUCCESSRATES FOR PHASE I AND PHASE II WINS AND TO PROVIDE FUNDING TO EXPEDITE BRINGING RESEARCH INTO MARKET.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,131,000ExpenseAmt
Grant$3,131,000GrantAmt
DescWE FULFILL OUR MISSION IN PART BY PROVIDING FUNDING AND CONNECTIONS TO SEVEN REGIONAL ENTREPRENEUR CENTER PARTNERS LOCATED IN MEMPHIS, JACKSON, NASHVILLE, COOKEVILLE, CHATTANOOGA, KNOXVILLE, AND THE TRI-CITIES AND SIX STATEWIDE INDUSTRY PARTNERS IN INDUSTRIES WHICH ADDVALUE TO THE TENNESSEE ECONOMY INCLUDING ADVANCED ENERGY, AG TECH, CONSUMER PACKAGED GOODS, FINANCIAL TECHNOLOGIES, LIFE SCIENCES, AND MOBILITY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$941,009ExpenseAmt
Grant$671,500GrantAmt
DescTHE TENNESSEE ADVANCEMENT CONSORTIUM (TTAC) - A STATEWIDE INITIATIVE OFFERING TECHNLOOGY TRANSFER AND COMMERCIALIZATION SUPPORT NETWORK TO EMPOWER FACULTY AND STUDENT INNOVATORS AT TENNESSEE HIGHER EDUCATION INSTITUTIONS TO BRING THEIR GROUNDBREAKING RESEARCH TO MARKET. WE FULFILL OUR MISSION BY PROVIDING RESOURCES, EXPERTISE AND CONNECTIONS TO BRIDGE THE GAP BETWEEN ACADEMIA AND INDUSTRY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$2,771,810ExpenseAmt
Grant$269,509GrantAmt
Revenue$213,684RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$2,771,810TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$269,509TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$213,684TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$15,902,810TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document80IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee27EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKATHERINE REALLPersonNm
Phone6159912809PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 TAYLOR PLACE SUITE 101AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37208ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
STEVE CRAWFORD
DIRECTOR2.00Yes (X)$0$0$0
BENJAMIN ORGEL
DIRECTOR2.00Yes (X)$0$0$0
VICTORIA HIRSCHBERG
DIRECTOR2.00Yes (X)$0$0$0
DR SUSAN HUBBARD
DIRECTOR2.00Yes (X)$0$0$0
RYAN EGLY
DIRECTOR2.00Yes (X)$0$0$0
JULIA POLK
DIRECTOR2.00Yes (X)$0$0$0
JASON SCHMITT
DIRECTOR2.00Yes (X)$0$0$0
SHAWN GLINTER
DIRECTOR2.00Yes (X)$0$0$0
FRANK WILLIAMSON
DIRECTOR2.00Yes (X)$0$0$0
DR HM HASH HASHEMIAN
DIRECTOR2.00Yes (X)$0$0$0
DENNY WAYNE ROBINSON
DIRECTOR2.00Yes (X)$0$0$0
CALVIN ANDERSON
DIRECTOR2.00Yes (X)$0$0$0
SEN BO WATSON
DIRECTOR2.00Yes (X)$0$0$0
ALAN BENTLEY
DIRECTOR2.00Yes (X)$0$0$0
WINSTON JUSTICE
DIRECTOR2.00Yes (X)$0$0$0
DR BRIAN NOLAND
DIRECTOR2.00Yes (X)$0$0$0
LAUREN INGRAM
DIRECTOR2.00Yes (X)$0$0$0
AJ BAHOU
SECRETARY/TREASURER2.00Yes (X)$0$0$0Yes (X)
STUART MCWHORTER
CHAIR2.00Yes (X)$0$0$0Yes (X)
LINDSEY COX
PRESIDENT & CEO37.50$240,425$0$37,814Yes (X)
BRUCE DOEG
VICE CHAIR2.00$0$0$0Yes (X)
ELLER KELLIHER
CHIEF INVESTMENT OFFICER37.50$195,208$0$25,813Yes (X)
KATHERINE REALL
FINANCE & ADMINISTRATION DIRECTOR37.50$198,729$0$39,560Yes (X)
EMILY MASTERS
DEVELOPMENT DIRECTOR37.50$151,523$0$18,952Yes (X)
CHLOE MORRISON
COMMUNICATIONS DIRECTOR37.50$105,296$0$15,217Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$891,181TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$137,356TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NELSON MULLINS RILEY & SCARBOROUGH
1320 MAIN STREETCOLUMBIASC29201LEGAL SERVICES$198,382
RUNTIME COMPUTING SOLUTIONS LLC
525 EAST 4TH STREETCHATANOOGATN37403CONSULTING$120,000
CHAZIN & COMPANY
PO BOX 306579NASHVILLETN372306579ACCOUNTING SERVICES$103,492
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Fundraising$355,000FundraisingAmt
Government Grants$17,556,061GovernmentGrantsAmt
All Other Contributions$370,487AllOtherContributionsAmt
Total Contributions$18,281,548TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$209,083TotalRevenueColumnAmt
Related Or Exempt Func Income$209,083RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$1,100OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$132,930OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$131,830OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$131,830TotalRevenueColumnAmt
Exclusion-$131,830ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$180,229FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$355,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$895,109FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$714,880TotalRevenueColumnAmt
Exclusion-$714,880ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$4,601TotalRevenueColumnAmt
Related Or Exempt Func Income$4,601RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,601OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,648,522TotalRevenueColumnAmt
Related Or Exempt Func Income$213,684RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$846,710ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,131,000TotalAmt
Program Services$13,131,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$897,968TotalAmt
Program Services$673,476ProgramServicesAmt
Management And General$224,492ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,063,616TotalAmt
Program Services$797,712ProgramServicesAmt
Management And General$265,904ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$357,121TotalAmt
Program Services$267,841ProgramServicesAmt
Management And General$89,280ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$139,460TotalAmt
Program Services$104,595ProgramServicesAmt
Management And General$34,865ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$182,622TotalAmt
Program Services$182,622ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$195,373TotalAmt
Management And General$195,373ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$93,473TotalAmt
Program Services$93,473ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,705TotalAmt
Program Services$4,279ProgramServicesAmt
Management And General$1,426ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,131TotalAmt
Program Services$4,131ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$60,676TotalAmt
Management And General$60,676ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$141,021TotalAmt
Program Services$141,021ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$17,865TotalAmt
Program Services$17,865ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,775TotalAmt
Management And General$5,775ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$124,572TotalAmt
Management And General$124,572ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUBSCRIPTION FEES$122,132$91,599$30,533
MEALS AND ENERTAINMENT$23,485$23,485

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$524,261TotalAmt
Program Services$393,196ProgramServicesAmt
Management And General$131,065ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,090,256TotalAmt
Program Services$15,902,810ProgramServicesAmt
Management And General$1,187,446ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,741,071BOYAmt
EOY$4,387,068EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,816,108BOYAmt
EOY$3,769,691EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,468BOYAmt
EOY$30,589EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$184,292BOYAmt
EOY$102,243EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$110,547LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$63,038LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$198,900BOYAmt
EOY$47,509EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$21,154,276BOYAmt
EOY$29,042,270EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$118,785BOYAmt
EOY$444,131EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,224,900BOYAmt
EOY$37,823,501EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$208,661BOYAmt
EOY$319,014EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$20,000BOYAmt
EOY$96,166EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,376,984BOYAmt
EOY$33,230,799EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,605,645BOYAmt
EOY$33,645,979EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$91,188BOYAmt
EOY-$12,141EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,528,067BOYAmt
EOY$4,189,663EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,619,255BOYAmt
EOY$4,177,522EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,224,900BOYAmt
EOY$37,823,501EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$558,266ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,647,204CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,971,688CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,177,546CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,603,315CurrentTaxYearMinus1YearAmt
Current Tax Year$18,106,777CurrentTaxYearAmt
Total$60,506,530TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,647,204CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,971,688CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,177,546CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,603,315CurrentTaxYearMinus1YearAmt
Current Tax Year$18,106,777CurrentTaxYearAmt
Total$60,506,530TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$60,506,530PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,377CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,480CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,764CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$356,775CurrentTaxYearMinus1YearAmt
Current Tax Year$209,083CurrentTaxYearAmt
Total$592,479TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,883CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,405CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$84,940CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$270,935CurrentTaxYearMinus1YearAmt
Current Tax Year$4,601CurrentTaxYearAmt
Total-$178,106TotalAmt
FieldValueIRS element (for citing)
Total Support$60,920,903TotalSupportAmt
Public Support CY1700.99320PublicSupportCY170Pct
Public Support PY1700.99280PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$110,547OtherCostOrOtherBasisAmt
Depreciation$63,038DepreciationAmt
Book Value$47,509BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$47,509TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (89 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ACTIVE ENERGY SYSTEMS$160,000C
ADELE HEALTH, INC.$250,000C
AGISENT TECHNOLOGIES$698,154C
AMERICAN HOMETOWN MEDIA$1,040,747C
ANGELEYE HEALTH$122,998C
ANYCREEK, INC.$500,000C
APPROVA INC$200,000C
AQUATRINO INC.$100,000C
ARENA LABS, INC.$250,000C
ATS INNOVATIONS$235,000C
AURAMIST, INC.$861,192C
BEAST BRANDS, INC.$400,000C
BLACK BUSINESS BOOM, LLC$30,000C
BRANCH TECHNOLOGY$35,000C
BRANCH TECHNOLOGY$250,000C
BRANCH TECHNOLOGY$75,000C
BRANCH TENCHOLOGY$999,999C
BUGLE VOLUNTEER TECHNOLOGIES$100,000C
BUNCHES, INC.$150,000C
CAREALLY SOLUTIONS INC.$200,000C
CHILDREN'S MEDIA STUDIO$25,000C
CIRCUMFIX SOLUTIONS INC$100,000C
CLAYA, INC. DBA ROOTINE$174,890C
CLEAR HEALTH, INC.$250,000C
CONSENSUS POINT$619,231C
COUTURE TECHNOLOGIES$100,000C
COUTURE TECHNOLOGIES, LLC$200,000C
CUMBERLAND EMERGING TECH INVESTMENT$300,000C
DAILY CRUNCH INC.$1,975,000C
DAILY CRUNCH INC.$350,000C
DIATECH DIABETIC TECHNOLOGIES$100,000C
EIRSYSTEMS, INC.$100,000C
EMPOWERLOCAL$200,000C
GAMEWISP, INC.$99,997C
GIGGS, LLC$150,000C
GOLDEN SPIKE TECHNOLOGIES INC$150,000C
GRAYLINE BUSES$700,000C
HEALING INNOVATIONS$175,000C
HERA HEALTH SOLUTIONS$150,000C
HYTCH$345,000C
I/O UROLOGY CORPORATION$750,000C
INSEARCHX$150,000C
KREPLING INC.$250,000C
LIVESCHOOL$122,500C
LUCI MOBILITY$250,000C
MEDHAUL$350,000C
MEDHAUL INC$749,995C
MEDPROCTOR$275,000C
MEDPROCTOR$75,660C
METAMORPHIX, INC$95,000C
MHRB INC.$50,000C
MSV TN FUND I, LP$1,500,000C
NEW DAY DIAGNOSTICS LLC$250,000C
NISOLO, LLC$1,000,018C
NKINDL AI$150,000C
ONE OF NONE INC$250,000C
ONRISE MANAGEMENT LLC$100,000C
OPTI-LOGIC$799,655C
ORION THERAPEUTICS, INC.$250,000C
POSSIP$438,002C
PRETECKT, INC.$25,000C
QUIRE$675,150C
REMIX HITS$25,000C
ROOTNOTE$50,000C
ROOTS RATED, LLC$275,000C
RPL UNIVERSITY (DBA PERSONALITY POOL)$150,000C
SAGE SOCIAL INC$200,000C
SEND-IT HEALTHCARE INC.$100,000C
SENIOR LIVING, INC.$187,500C
SHAPPI INC$750,000C
SIGNIX$973,750C
SOMAVAC MEDICAL SOLUTIONS, INC.$225,000C
SPARKZ INC$275,000C
SPENDCARE, INC.$100,000C
SSBCI VVC FUND II, LP$65,300C
STUDIONOW, INC.$375,000C
SWEETBIO$210,000C
THE SOBET COMPANY$700,000C
UNIFIED TRACK$50,000C
US BIOLOGIC, INC.$291,667C
VARIABLE, INC.$300,000C
VETERAN VENTURES$64,200C
VETVERIFI INC.$150,000C
WELLVIEW, LLC$180,000C
WHISPER AERO$99,998C
WHITECOAT TECHNOLOGIES, INC.$100,000C
WINTER INNOVATIONS$100,000C
YOUSCIENCE, LLC$1,416,667C
ZIGNYL INC.$150,000C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$29,042,270TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO TN DEPARTMENT OF ECONOMIC DEVELOPMENT$32,834,880
LEASE LIABILITY$395,919
FieldValueIRS element (for citing)
Total Liability$33,230,799TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$18,862,523TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$187,062DonatedServicesAndUseFcltsAmt
Other Revenue$895,110OtherRevenueAmt
Revenue Not Reported$1,082,172RevenueNotReportedAmt
Revenue Subtotal$17,780,351RevenueSubtotalAmt
Other Revenues Not Included-$131,829OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$131,829RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,648,522TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$18,304,257TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$187,062DonatedServicesUseFcltsAmt
Other Expenses Included$1,026,939OtherExpensesIncludedAmt
Expenses Not Reported$1,214,001ExpensesNotReportedAmt
Expenses Subtotal$17,090,256ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,090,256TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES
PART XI, LINE 4B - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSETS
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES LOSS ON SALE OF ASSETS
PART X, LINE 2:LAUNCHTN IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). LAUNCHTN ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR LAUNCHTN INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. LAUNCHTN HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event13686 FESTIVALEvent1Nm
Gross Receipts Event1$290,229GrossReceiptsEvent1Amt
Charitable Contri Event1$110,000CharitableContriEvent1Amt
Gross Revenue Event1$180,229GrossRevenueEvent1Amt
Other Direct Expenses Event1$359,128OtherDirectExpensesEvent1Amt
Event2TENNESSEE HOUSEEvent2Nm
Gross Receipts Event2$245,000GrossReceiptsEvent2Amt
Charitable Contri Event2$245,000CharitableContriEvent2Amt
Other Direct Expenses Event2$490,350OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Oth Direct Expnss Other Events$45,631OthDirectExpnssOtherEventsAmt
Gross Receipts Total$535,229GrossReceiptsTotalAmt
Charitable Contributions Tot$355,000CharitableContributionsTotAmt
Gross Revenue Total Events$180,229GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$895,109OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$895,109DirectExpenseSummaryEventsAmt
Net Income Summary-$714,880NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (69 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
ADELE HEALTH INC
5016 CENTENNIAL BOULEVARDNASHVILLETN37209873696221$6,500$0GRANT CONSULTING, INTERN STIPEND, SXSW PARTICIPATION STIPEND
AGLAUNCH INITIATIVE
1319 HEISTAN PLACEMEMPHISTN38104830995119$200,000$0NETWORK PARTNERS
AMALGAMATED VISION LLC
1129 RADNOR GLEN DRIVEBRENTWOODTN37027272910870$302,000$0SBIR, INTERN STIPEND
ARENA LABS INC
910 WOODMONT BLVDNASHVILLETN37204845463304$302,175$0SBIR, GRANT CONSULTING, INTERN STIPEND
AUROS PHARMA
668 LAKESIDE DOCK DRIVEKINGSPORTTN37663863436651$6,000$0GRANT CONSULTING
AVIATION RESOURCES AND CONSULTING SERVICES LLC
345 S JEFFERSON AVE STE 208COOKEVILLETN38501472459567$300,000$0SBIR
BBC ENTREPRENEURIAL TRAINING & CONSULTING
PO BOX 7094ANN ARBORMI48107382971806$12,500$0GRANT CONSULTING
BETHANAMIST
4604 ANGAKOT RDCORRYTONTN37721832992908$6,000$0GRANT CONSULTING
BIOTN FOUNDATION INC
618 CHURCH STREET SUITE 210NASHVILLETN37219260491301$200,000$0NETWORK PARTNERS
CE-RI-SS MATERIALS LLC
12512 DUDLEY STATION LNKNOXVILLETN37922921582720$100,000$0SBIR
CINCO RESEARCH CORPORATION
152 JUDGE DON LEWIS BLVDELIZABETHTONTN37643861520815$100,000$0SBIR
COLAB
110 SOMERVILLE AVE SUITE 266CHATTANOOGATN37405263934828$252,000$0NETWORK PARTNERS, SURVEY STIPEND
COVERT DEFENSES LLC
1195 SOUTH SHARON CHAPEL ROADWEST LAFAYETTEIN47906246933466$300,000$0SBIR
CROSSLINK
2569 COOK ROADCROSSVILLETN38571822742833$197,121$0SBIR
DAXOR
109 MECO LANEOAK RIDGETN37830132682108$300,000$0SBIR
DECODE HEALTH INC
111 10TH AVENUE SOUTH SUITE 102NASHVILLETN37203842423721$100,000$0SBIR
EARTHEN INC
6401 WEST ORCHID LANECHANDLERAZ85226870956465$100,000$0SBIR
EAST TENNESSEE STATE UNIVERSITY
1276 GILBREATH DRIVEJOHNSON CITY TNJOHNSON CITYTN37614999999999$25,000$0TTAC37614
EDEN CONCEPTS LLC
621 SUMMIT LAKE COURTKNOXVILLETN37922824192110$300,000$0SBIR
ENDEAVOR COMPOSITES INC
2370 CHERAHALA BOULEVARDKNOXVILLETN37923842097974$304,000$0SBIR, INTERN STIPEND
ENDOTHEIA INC
1720 WEST END AVENUE SUITE 520NASHVILLETN37203831589326$300,000$0SBIR
ENEXOR ENERGY LLC
1 ENTERPRISE COURTFRANKLINTN37067471476754$300,000$0SBIR
EONIX
300 STATE STREET APT 346KNOXVILLETN37902462686444$100,000$0SBIR
ESPIN TECHNOLOGIES INC
7151 DISCOVERY DRIVECHATTANOOGATN37416943321021$100,000$0SBIR
ETSU RESEARCH CORPORATION
2109 W MARKET STJOHNSON CITYTN37604550788917$80,000$0TTAC
FC RENEW LLC
2641 OSPREY VISTA WAYKNOXVILLETN37920853709133$308,000$0SBIR, GRANT CONSULTING, INTERN STIPEND
GLANRIS INC
2250 COURT AVENUEMEMPHISTN38104824285214$100,000$0SBIR
HEALING INNOVATIONS INC
240 GREAT CIRCLE RD SUITE 350NASHVILLETN37228824124052$187,000$0SBIR
HOLOCENE CLIMATE CORPORATION
2641 OSPREY VISTA WAYKNOXVILLETN37996863703834$100,000$0SBIR
IMMUNO TECHNOLOGIES INC
3 NORTH DUNLAP STREET C302MEMPHISTN38103455189617$300,000$0SBIR
INFUSENSE CORP
3614C WEST END AVENUENASHVILLETN37205454540059$300,000$0SBIR
KNOXVILLE ENTREPRENEURSHIP CENTER
17 MARKET SQUARE SUITE 101KNOXVILLETN37902461426171$276,000$0NETWORK PARTNERS, SURVEY STIPEND
LIFE SCIENCE TENNESSEE
618 CHURCH STREET SUITE 210NASHVILLETN37219621776913$6,000$0NETWORK PARTNERS, SURVEY STIPEND
MEHARRY MEDICAL COLLEGE
1005 DOCTOR DB TODD JUNIORNASHVILLETN37208620488046$105,000$0TTACBOULEVARD
MIDDLE TENNESSEE STATE UNIVERSITY
1301 EAST MAIN STREET 103 COPEMURFREESBOROTN37132999999999$80,000$0TTACADMIN BLDG
NASHVILLE ENTREPRENEUR CENTER
41 PEABODY STREETNASHVILLETN37210271230916$421,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
NEURODYNE
7000 CORSICA DRIVEGERMANTOWNTN38138811678990$300,000$0SBIR
NORTHWEST TENNESSEE ENTREPRENEURSHIP INC
217 S MILL AVEDYERSBURGTN38024933022115$178,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
OAK RIDGE THERAPEUTIC DISCOVERY ORRXD LLC
5100 POPLAR AVENUE SUITE 2700MEMPHISTN38137874698926$100,000$0SBIR
ONRISE
11519 KINGSTON PIKE 1031KNOXVILLETN37934934488376$14,000$0INTERN STIPEND, 3686 PITCH WINNER PRIZE
PEDIA-DOSE
1105 LIVINGFIELD CTGALLATINTN37066853223303$100,000$0SBIR
PERSEUS MATERIALS
4028 PAPERMILL DRIVE NORTHWESTKNOXVILLETN37909884100530$304,000$0SBIR, INTERN STIPENDSUITE 7
PROOF PROGRAMS
422 EAST MARTIN LUTHER KING BLVDCHATTANOOGATN37403883808908$153,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
RELIABLE MICROSYSTEMS
810 CRESCENT CENTRE DRIVE SUITE 560FRANKLINTN37067811010870$304,000$0SBIR, INTERN STIPEND
ROBOTIC TECHNOLOGIES OF TENNESSEE LLC
2560 NOVA CIRCLECOOKEVILLETN385015600208986707$308,000$0SBIR, INTERN STIPEND
SAFIRE TECHNOLOGY GROUP INC
1775 TYSONS BLVD FIFTH FLOORTYSONSVA22102851857258$78,870$0SBIR, INTERN STIPEND
SEAK THERAPEUTICS LLC
3 NORTH DUNLAP STREET SUITE C303MEMPHISTN38103832669781$101,000$0SBIR, GRANT CONSULTING
SENTINEL DEVICES LLC
2419 WATERSTONE BOULEVARDKNOXVILLETN37932627525002$100,000$0SBIR
SKYNANO LLC
740 PIPER RDKNOXVILLETN37919814872882$304,000$0SBIR, INTERN STIPEND
STATHEROS LLC
11020 SOLWAY SCHOOL ROAD SUITE 103KNOXVILLETN37931854108444$300,000$0SBIR
SYNC SPACE ENTREPRENEUR CENTER
227 E SULLIVAN STREETKINGSPORTTN37660844153185$278,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
TAVO BIOTHERAPEUTICS INC
5386 ANGELA RDMEMPHISTN38120461826246$300,000$0SBIR
TENNESSEE ADVANCED ENERGY BUSINESS COUNCIL
606 W MAIN ST SUITE 250 ATTNKNOXVILLETN37902371703200$236,000$0NETWORK PARTNERS, SURVEY STIPENDCORTNEY PIPER
TENNESSEE STATE UNIVERSITY
3500 JOHN MERRITT BLVD NED RAYNASHVILLETN372091561620786119$105,000$0TTACMCWHERTER BLDG STE 102
TENNESSEE TECHNOLOGICAL UNIVERSITY
PO BOX 5037COOKEVILLETN38505620646806$105,000$0TTAC
TENNSMART CONSORTIUM INC
1201 OAK RIDGE TURNPIKE SUITE 100OAK RIDGETN37830371870319$201,000$0NETWORK PARTNERS, SURVEY STIPEND
THE UNIVERSITY OF MEMPHIS
PO BOX 1000 DEPT 313MEMPHISTN381480313620648618$106,000$0TTAC
THECO
541 WILEY PARKER RDJACKSONTN38305455186181$255,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
TREMONTI CONSULTING LLC
1939 ROLAND CLARKE PLACE SUITE 150RESTONVA20191202390554$49,500$0TTAC
ULTRASONIC TECHNOLOGY SOLUTIONS
10820 MURDOCK DRIVE 104KNOXVILLETN37932831590646$304,000$0SBIR, INTERN STIPEND
UPPER CUMBERLAND ENTREPRENEURIAL FOUNDATION
114 NORTH CEDAR AVENUECOOKEVILLETN38501461388881$255,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
VANDERBILT UNIVERSITY
PMB 401591NASHVILLETN372401591620476822$9,916$0MID-SOUTH REACH HUB AWARD
VERACITY NUCLEAR LLC
1488 BLACKBERRY RIDGE DRLENOIR CITYTN37772874045795$100,000$0SBIR
VIBRANT MEMPHIS
150 PEABODY PLACE LOWER LEVELMEMPHISTN38103820904035$253,000$0NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
VIBRONYX
725 COOL SPRINGS BLVD STE 600FRANKLINTN37067831433073$300,000$0SBIR
VOLUMETRIX LLC
2126 21ST AVE SNASHVILLETN37212474013366$300,000$0SBIR
WHISPER AERO INC
109 POINTE LDGCROSSVILLETN38555852010794$104,000$0SBIR, INTERN STIPEND
WINTER INNOVATIONS INC
2450 EJ CHAPMAN DRIVE SUITE 114KNOXVILLETN37996843729227$304,000$0SBIR, INTERN STIPEND
YAYA SCIENTIFIC
128 HOLIDAY COURT STE 105FRANKLINTN37067834008135$304,000$0SBIR, INTERN STIPEND
FieldValueIRS element (for citing)
Total501c3 Org15Total501c3OrgCnt
Total Other Org124TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REQUIRES WRITTEN REPORTS FROM ITS GRANTEES THAT DESCRIBE USE OF FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LINDSEY COX
PRESIDENT & CEO$217,875$0$22,550$0$0$0$19,578$0$18,236$0$278,239$0$0$0
KATHERINE REALL
FINANCE & ADMINISTRATION DIRECTOR$173,729$0$25,000$0$0$0$16,344$0$23,216$0$238,289$0$0$0
ELLER KELLIHER
CHIEF INVESTMENT OFFICER$182,108$0$13,100$0$0$0$15,798$0$10,015$0$221,021$0$0$0
EMILY MASTERS
DEVELOPMENT DIRECTOR$138,738$0$12,785$0$0$0$12,241$0$6,711$0$170,475$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONTENNESSEE TECHNOLOGY DEVELOPMENT CORP. D/B/A LAUNCH TENNESSEE 601 TAYLOR PLACE NASHVILLE, TN 37208 EMPLOYER IDENTIFICATION NUMBER: 62-1765738 FOR THE YEAR ENDING JUNE 30, 2025 TENNESSEE TECHNOLOGY DEVELOPMENT CORP. D/B/A LAUNCH TENNESSEE IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
FORM 990, PART VI, SECTION A, LINE 7ASEVERAL MEMBERS OF THE GOVERNING BOARD OF DIRECTORS ARE APPOINTED BY THE GOVERNOR OF THE STATE OF TENNESSEE AND THE SPEAKERS OF THE HOUSE AND SENATE OF THE TENNESSEE STATE LEGISLATURE.
FORM 990, PART VI, SECTION A, LINE 7BCERTAIN AGREEMENTS AND CONTRACTS MUST RECEIVE PRIOR WRITTEN APPROVAL BY THE TENNESSEE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT.
FORM 990, PART VI, SECTION B, LINE 11BTHE FULL BOARD RECEIVES A COPY OF THE 990 FOR THEIR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH OFFICER, BOARD MEMBER OR KEY PERSON IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. IF A CONFLICT ARISES, THE PERSON WILL RECUSE HIM OR HERSELF FROM THE VOTE ON THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS ANNUALLY TO PERFORM A PERFORMANCE REVIEW OF THE CHIEF EXECUTIVE OFFICER (CEO). FINAL COMPENSATION IS DETERMINED BY PRIVATE NEGOTIATION BETWEEN THE CEO AND THE EXECUTIVE COMMITTEE. ALL OTHER EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO. THE CEO BASES BONUSES ON COMPANY GOALS AND PERSONAL ACCOMPLISHMENTS PER THE ANNUAL PERSONAL DEVELOPMENT PLAN FOR EACH EMPLOYEE. ALL DISCUSSIONS ARE DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:ROUNDING 1.