Launchability Foundation in Dallas, Texas (TX)
Table of contents:
| Launchability Foundation | |
| Employer Identification Number (EIN) | 451838041 |
| Name of Organization | Launchability Foundation |
| In Care of Name | Wl Pendergrass Jr |
| Address | 12720 Hillcrest Rd Ste 701, Dallas, TX 75230-2085 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2011 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $151,007 |
| Amount of Income | $101,007 |
| Form 990 Revenue Amount | $101,007 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Educational Services and Schools - Other |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $50,000 | $101,007 |
| Contributions, gifts, grants, and similar amounts received | $50,000 | $101,000 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $7 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $0 | $0 |
| Total net assets | $50,000 | $151,007 |
| Excess/Deficit for the year | $50,000 | $101,007 |
| Net assets or fund balances at beginning of year | $0 | $50,000 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $50,000 | $151,007 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $50,000 | $151,007 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $50,000 | $151,007 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $0 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | John D And Allie Lea Orton Foundation | PO BOX 4886, Houston, TX 77210-4886 | TX | 2012-08 | $407,478 |
| 2 | Jps Channel Chapter | 1400 Jefferson Rd, Pasadena, TX 77506 | TX | 2011-09 | $30,569 |
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| 4 | K9 Training At Homeward Bound Inc | 6480 Fm 2339, Murchison, TX 75778-4708 | TX | 2012-08 | $45,730 |
| 5 | Katy Police Officers Association | 5456 Franz Rd, Katy, TX 77493-1717 | TX | 2012-12 | $59,101 |
| 6 | Kcc And Associates, Redeemer Port Lavaca | 105 Linnville Dr, Port Lavaca, TX 77979-4927 | TX | 2012-09 | $27,373 |
| 7 | Kre Christian Aid Foundation | 5501 Castle Ct, Lake Dallas, TX 75065-2607 | TX | 2013-05 | $100 |
| 8 | Lake Fork Sportsmans Association | PO BOX 126, Yantis, TX 75497-0126 | TX | 2013-04 | $56,592 |
| 9 | Lam Vien Monastery | 1606 Roy Rd, Pearland, TX 77581-7684 | TX | 2012-07 | $132,355 |
| 10 | Lamar County Firefighters Association | PO BOX 1942, Paris, TX 75461-1942 | TX | 2012-09 | $172,429 |
| 11 | Launchability Foundation | 12720 Hillcrest Rd Ste 701, Dallas, TX 75230-2085 | TX | 2011-08 | $101,007 |
| 12 | L D Bell Raiderette Booster Club | 1601 Brown Trl, Hurst, TX 76054-3703 | TX | 2013-04 | $118,277 |
| 13 | Lil Angels Giving Back To The Community | Po Box 25183, Fort Worth, TX 76124 | TX | 2012-08 | $251,283 |
| 14 | Littlefield Area Jr Livestock Show & Sale | Courthouse 100 6th Dr, Littlefield, TX 79339 | TX | 2012-04 | $138,515 |
| 15 | Lone Star Chapter National Charity League Inc | PO BOX 2052, Rockwall, TX 75087-4452 | TX | 2013-05 | $95,360 |
| 16 | Lone Star Drowning Prevention Alliance, Lsdpa | PO BOX 429, Bedford, TX 76095-0429 | TX | 2012-09 | $85,232 |
| 17 | Louis And Joyce Tucker Foundation | PO BOX 2822, Houston, TX 77252-2822 | TX | 2012-03 | $143,389 |
| 18 | Love For Lauren Foundation Inc | 23210 Pine Post Ln, Spring, TX 77373-7028 | TX | 2012-10 | $3,364 |
| 19 | Lovett Elementary Parent Teacher Organization | 8814 S Rice Ave, Houston, TX 77096-2622 | TX | 2012-11 | $134,574 |
| 20 | Lu And Luo Family Foundation | 5423 Montbury Ln, Katy, TX 77450-7482 | TX | 2012-02 | $1 |
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