SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC (DBA THE LAUNCH PLACE)

SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC (DBA THE LAUNCH PLACE)

DANVILLE, VA, US
501(c)(3)
EIN
20-2917301

SOUTHSIDE BUSINESS TECHNOLOGY CENTER INC (DBA THE LAUNCH PLACE)

DANVILLE, VA, US
501(c)(3)
EIN
20-2917301

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$2,547,629

Contributions
94%
Investments
4%
Program Services
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$933,957

Salaries & Benefits
54%
Other
16%
Advertising & Promotion
13%
Offices, Occupancy & IT
10%
Fees to Service Providers
8%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,175,210
$2,392,090
+10%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$15,750
$34,600
+120%
Membership Dues
$0
$0
-
Investments
$178,629
$108,665
-39%
Other
$199,581
$12,274
-94%
Total Revenues
$2,569,170
$2,547,629
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$501,859
$500,773
0%
Fees to Service Providers
$61,767
$70,116
+14%
Advertising & Promotion
$96,092
$121,162
+26%
Offices, Occupancy & IT
$86,123
$91,005
+6%
Interest
$0
$127
-
Depreciation
$3,522
$3,176
-10%
Other
$214,998
$147,598
-31%
Total Expenses
$964,361
$933,957
-3%
Net income
2023
2024
Change
Net income
+$1,604,809
+$1,613,672
+1%
Functional Expenses
Summary
2023
2024
Change
Program
$762,726
$726,020
-5%
Admin
$201,635
$207,937
+3%
Fundraising
$0
$0
-
Total Expenses
$964,361
$933,957
-3%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)