Nonprofit · EIN 82-3015804
LAUNCH ASIA MINISTRIES
Tax-exempt · MCKINNEY, TX 75069
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $53,332 | $51,673 | $1,659 | $35,339 | – | $35,339 |
| December 31, 2024 | 990-EZ | $96,076 | $100,465 | -$4,389 | $33,680 | – | $33,680 |
| December 31, 2023 | 990-EZ | $123,623 | $104,209 | $19,414 | $38,072 | – | $38,072 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $53,332
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Occupancy
- $23,882
- Other expenses
- $27,791
- Program services (functional)
- $14,640
Balance sheet and other
- Total assets, start of year
- $33,680
- Total assets, end of year
- $35,339
- Total liabilities, end of year
- –
- Net assets, end of year
- $35,339
- Cash, savings and investments
- $11,009
- Land and buildings
- $24,330
- Gross receipts
- $53,332
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Schwankl Jr | Director | 20 | $0 |
| Reuben David | Officer | 15 | $0 |
| Rachel Schwankl | Officer | 15 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Schwankl Jr | Director | 20 | $0 |
| Reuben David | Officer | 15 | $0 |
| Rachel Schwankl | Officer | 15 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Schwankl Jr | Director | 20 | $0 |
| Reuben David | Officer | 15 | $0 |
| Rachel Schwankl | Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 801 S BRIDGEFARMER RD, MCKINNEY, TX 75069-2551
- In care of
- % JOSHUA PHIPPS
- Mailing address (990-N for 2018)
- 15181 COUNTY ROAD 4058, KEMP TX 75143
- Principal officer (990-N for 2018)
- JOSHUA ALAN PHIPPS, 15181 COUNTY ROAD 4058, KEMP TX 75143
- Signed the 990-EZ
- Timothy E Schwankl, President
- Phone
- (469) 258-6071
- Return prepared by
- JOE C HOCKADAY CPA
Mission
By providing mission work in India we help the poor by providing essential needs to communites and help them cope with their needs
Program accomplishments
- Providing essential needs to communitiesExpenses $14,640
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-3015804
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $35,339
- Income (IRS master file)
- $53,332
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $53,332 | $51,673 | $35,339 | XML |
| 990-EZ | December 2024 | $96,076 | $100,465 | $33,680 | XML |
| 990-EZ | December 2023 | $123,623 | $104,209 | $38,072 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: JOSHUA ALAN PHIPPS | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3015804).
Questions about LAUNCH ASIA MINISTRIES
- What is the EIN of LAUNCH ASIA MINISTRIES?
- The employer identification number (EIN) of LAUNCH ASIA MINISTRIES is 82-3015804.
- Is LAUNCH ASIA MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to LAUNCH ASIA MINISTRIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAUNCH ASIA MINISTRIES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAUNCH ASIA MINISTRIES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAUNCH ASIA MINISTRIES last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LAUNCH ASIA MINISTRIES?
- The 990-N for 2018 names JOSHUA ALAN PHIPPS.
- Who are the officers and directors of LAUNCH ASIA MINISTRIES?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LAUNCH ASIA MINISTRIES have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $53,332, expenses of $51,673 and total assets of $35,339 at year end.
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