Launchyourcity Inc
Donations deductibleRevenue
$881k
year to 31 December 2024
Expenses
$746k
year to 31 December 2024
Total assets
$110k
$394k liabilities
Net assets
Minus $284k
assets less liabilities
Directors and trustees
7
7.4y av
Staff
6
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
9
reported in Part VI
Launchyourcity Inc's network
7 people3 organisationsi7 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Brad Silver | Board Member, Treasurer | 2019 | 7 yrs |
| Charles Beech | Board Member | 2019 | 7 yrs |
| Eric Mathews | CEO, President, Founder | 2019 | 7 yrs |
| Gwin Scott | Board Member | 2019 | 7 yrs |
| Phil Blum | Board Member | 2019 | 7 yrs |
| Thomas Hussey | Board Member | 2019 | 7 yrs |
| Tom Baker | Board Member | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Eric Mathews | CEO, President, Founder | 40 | $126k | ||
| Brad Silver | Board Member, Treasurer | 0 | $0 | ||
| Gwin Scott | Board Member | 0 | $0 | ||
| Tom Baker | Board Member | 0 | $0 | ||
| Thomas Hussey | Board Member | 0 | $0 | ||
| Charles Beech | Board Member | 0 | $0 | ||
| Phil Blum | Board Member | 0 | $0 |
About
- Legal name
- Launchyourcity Inc
- EIN
- 263190220
- Address
- 140 S Main St Ste 3, Collierville, TN, 38017-3042
- State
- Tennessee
- Mission
- Launchyourcity supports the earliest stages of entrepreneurship in memphis with dynamic programs that are designed to help potential entrepreneurs to take the first actionable steps of starting a new business. Additionally, launchyourcity supplies a co-working environment to lower the economic barrier of entry to incubation along with ad hoc mentoring. For startups and businesses... (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 4 (IRS master file code)
- Formed
- 2008
- Principal officer
- Eric Mathews (as named on the Form 990)
- IRS ruling date
- 1 July 2009
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥7years on the filingsBrad Silver
≥7years on the filingsCharles Beech
≥7years on the filingsEric Mathews
≥7years on the filingsGwin Scott
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $110k
- Total liabilities
- $394k
- Net assets or fund balances
- Minus $284k
- Contributions and grants received
- $568k
- Program service revenue
- $312k
- Employees
- 6
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $881k | $746k | $135k |
As filed on the IRS Form 990. US dollars.