Strategic Launch Network

Nonprofit profile at a glance

EIN
883630286
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Rockwall, TX, USA
Phone
4696982281
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,050,363
Expenses
$2,507,500
Assets
$4,959,123
Liabilities
$19,388

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Steve Stroope began 12024 (President/Board Member)

People named in this filing

  • Steve Stroope began 12024 (President/Board Member)
  • Mark Lee (Board Member)
  • Aaron Graham (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O.To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations, and leaders.

What it reported doing in 2024

To start and strengthen new strategic churches in spiritually hard-to-reach cities by identifying, developing, coaching, encouraging, and financially supporting high-capacity church planters, through collaborative partnerships with like-minded churches, organizations, and leaders.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 82
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.6%; rating input score 63
  • Program expense ratio: 99.7%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 44th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 38.1%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 1.98; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 87.6% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 53.2% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 69.9% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 62.6% of revenue deployed · 99.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 33 filed money-flow records
  • Related organizations: 33 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.