DEMOGRAPHIC
ADDRESS
3601 MAPLESHADE LANE
75075
COUNTY
collin county, TX
IN CARE OF NAME
KATHRYN PARSONS
ORGANIZATIONAL OVERVIEW & RANKINGS
LAUNCHABILITY is a based in PLANO, TX . Established in July 1965, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $59,094.00, this ranks 556,811 among 2,656,690 nonprofits nationally (Top 21%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 36,640 out of 202,022 organizations in TX (Top 19%).
In collin county, TX, the organization ranks 955 out of 6,980 nonprofits by assets (Top 14%), while locally in plano, it stands at 418 among 2,484 organizations (Top 17%).
The organization reported annual revenue of $768,589.00, ranking 145,531 nationally (Top 6%) and 8,326 in TX (Top 5%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, LAUNCHABILITY ranks 170,266 in assets (Top 22%) and 39,046 in revenue (Top 5%).
Note: This organization's tax-exempt status was temporarily revoked on January 15, 2021 .
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Private school
School college trade school etc
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, January 15, 2021;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
08/2017
ACCOUNTING PERIOD
08
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$947,798.00
FORM 990 REVENUE AMOUNT
$768,589.00
RULING DATE
07/1965
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$59,094.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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