Launch Out Ministries International Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockledge, FL
- Founding
- 07/2006
- Data as of
- 12/2016
- EIN
- 86-1112029
Organization Overview
Launch Out Ministries International Inc is located in Rockledge, FL. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Out Ministries International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Launch Out Ministries International Inc generated $31.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $30.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (36.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Finnie President | 35 | $0 | |
Julie Finnie Vice President | 20 | $0 | |
Kevin Wright Director | 0 | $0 | |
Jerry Reineger Director | 0 | $0 | |
Joyce Tschiaka Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,123 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $574 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $30,122 |
| Total expenses | $30,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,395 |
| Other assets | $0 |
| Total assets | $9,395 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,395 |
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