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MIP Score

36

Community Building
Economic Development

Launchyourcity Inc.

Mission

Launchyourcity supports the earliest stages of innovation and entrepreneurship in memphis with dynamic programs that are designed to help potential civic, social, and tech-based entrepreneurs and innovators develop a business model and take the first actionable steps of starting a new business or program. launchyourcity is a practitioner of innovation driven economic development accelerating and brokering talent, technology and capital leveraging the economic assets of the region to create communities where meaningful jobs, liveable communities, inclusive societies, and collaborative governance intersect for success.

Basic Information

Tax-Exempt

Address

140 S Main St, Collierville, Tennessee, 38017

View all Collierville charities

Founded in

2008

EIN

26-3190220

Total Assets

$200.7 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

36

14

/100

Program Expense Ratio

62.51%

6

/20

Program Revenue Growth

-25.42%

2

/20

Leverage Ratio

1.97

2

/20

Working Capital Ratio

-0.2366

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants692.1K67.93%
Program Services326.5K32.05%
Investment Income1890.02%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.019M100.00%