Nonprofit · EIN 90-0950633
LAUNCH MINISTRIES INC
Tax-exempt · ROCKY MOUNT, NC 27803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $300,608 | $395,163 | -$94,555 | $841,841 | $699,815 | $142,026 |
| December 31, 2023 | 990 | $410,129 | $173,548 | $236,581 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $275,408
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $25,200
- Other revenue
- $25,200
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $101,444
- Occupancy
- $47,062
- Depreciation
- $36,550
- Program services (functional)
- $395,163
Balance sheet and other
- Total assets, start of year
- $236,581
- Total assets, end of year
- $841,841
- Total liabilities, end of year
- $699,815
- Net assets, end of year
- $142,026
- Land, buildings and equipment
- $699,815
- Net assets without donor restrictions
- $142,026
- Gross receipts
- $300,608
- Employees
- 0
- Volunteers
- 80
- Year formed
- 2013
- State of legal domicile
- NC
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOLANDA MORGAN | PRESIDENT Officer | 16 | $0 |
| ALPHONE MORGAN | VICE PRESIDENT Officer | 16 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOLANDA MORGAN | PRESIDENT Officer | 16 | $0 |
| ALPHONE MORGAN | VICE PRESIDENT Officer | 16 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 W HAVEN BLVD, ROCKY MOUNT, NC 27803-1923
- In care of
- % ALPHONE MORGAN
- Principal officer (990 for 2024)
- YOLANDA MORGAN, 3013 BARROW DRIVE, Raleigh, NC 27616
- Signed the 990
- YOLANDA MORGAN, PRESIDENT
- Phone
- (919) 435-7627
- Return prepared by
- COPELAND FINANCIAL SERVICES LLC
Mission
RELIGIOUS PURPOSES,INCLUDING PROVIDING A COMMUNITY-ORIENTED ATMOSPHERE OF GODLY FUNCTION,ENCOMPASSING RELIGIOUS FAMILY GATHERINGS FOR ALL AGES AND PROVIDING A PLACE OF WORSHIP; TEACHING AND PREACHING THE UNCOMPROMISED WORD OF GOD (HOLY BIBLE), MINISTERING TO THE
Program accomplishments
- TITHES & OFFERRINGS CASH 1099-KExpenses $395,163 · revenue -$94,555
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 90-0950633
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $841,841
- Income (IRS master file)
- $300,608
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $300,608 | $395,163 | $841,841 | XML |
| 990 | December 2023 | $410,129 | $173,548 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
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 90-0950633).
Questions about LAUNCH MINISTRIES INC
- What is the EIN of LAUNCH MINISTRIES INC?
- The employer identification number (EIN) of LAUNCH MINISTRIES INC is 90-0950633.
- Is LAUNCH MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to LAUNCH MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAUNCH MINISTRIES INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of LAUNCH MINISTRIES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAUNCH MINISTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LAUNCH MINISTRIES INC?
- The 990 for the year ended December 31, 2024 names YOLANDA MORGAN.
- Who are the officers and directors of LAUNCH MINISTRIES INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does LAUNCH MINISTRIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $300,608, expenses of $395,163 and total assets of $841,841 at year end.
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All nonprofits in ROCKY MOUNT · North Carolina · Religion-related