Launch Global

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/24/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Never in the history of the church has there been such great potential to flood the nations with witnesses for Christ as we have today. Worldwide, there are over 1,000 churches for every remaining unreached people group. The need of the hour is to mobilize and train believers to multiply disciples where there are no churches. Launch Global staff work as a team with church leaders to awaken and prepare their members to go multiply disciples and churches among the unreached. We are not primarily a sending agency; our main objective is to connect well-prepared laborers with strategic opportunities through churches, agencies, and sending ministries to catalyze Church Planting Movements among the unreached.

We love the Bride of Christ and exist to see her thriving, transforming communities, and raising up worshipers in every nation, tribe, language and people.


Contact information

Mailing address:
Launch Global
PO Box 830650
Richardson, TX 75083

Website: launchglobal.org

Phone: 214-301-3092

Email: info@launchglobal.org


Organization details

EIN: 203826376

CEO/President: Dr. Robert McNabb

Chairman:

Board size: 0

Founder:

Year founded: 2005

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2018


Purpose

Our passion: helping you discover God's will, develop as a disciple-maker, and deploy for maximum impact. Our vision is to see God ignite a movement of young adults who are consumed with a vision and passion to see every ethnic people group reached with the good news of Jesus Christ in this generation.


Mission statement

Launch Global exists to awaken young adults to discover God's will, develop as multiplying disciples, and deploy to strategic opportunities impacting unreached peoples.


Statement of faith

THE SCRIPTURES

We believe that the Bible is the Word of God, and that the Old and New Testaments are supernaturally inspired, inerrant in the original writing, infallible, and the final authority for all Christian faith, life, and conduct for every age.

THE GODHEAD

We believe in one God, the Creator of all things, who is infinitely perfect and eternally existing in three persons: Father, Son, and Holy Spirit.

THE FATHER

We believe that God is infinite, eternal, and unchangeable, in his being, wisdom, power, holiness, justice, goodness, and truth. As Creator of everything out of nothing, His glory is manifested in creation, and He made humans in His image.

THE PERSON AND WORK OF CHRIST

We believe the Lord Jesus Christ, without any change in His eternal Deity, became man, having been conceived by the Holy Spirit and born of the Virgin Mary, in order that He might reveal God and redeem sinful men. We believe Christ accomplished our redemption through His atoning death on the cross as a perfect and complete sacrifice, and our justification is made sure by His shed blood and His literal physical resurrection from the dead. We believe Jesus Christ ascended into heaven, and is now exalted at the right hand of God, where as our High Priest and Head of the Church, He acts as our Intercessor, Advocate, and will one day return and reign forever.

THE HOLY SPIRIT

We believe that the Holy Spirit is the untameable presence of God on earth who gives spiritual gifts to His people. Like a wind that blows wherever it wishes, His ways are mysterious, powerful, and necessary for any hope of eternal transformation from death to life. He is the ultimate Helper; He glorifies the Lord Jesus Christ and convicts the world of sin, of righteousness, and of judgment. We believe that He is the Supernatural Agent in regeneration at conversion, baptizing all believers into the Body of Christ, indwelling and sealing them until the Day of Redemption. We believe that the Holy Spirit is the Divine Teacher, who guides believers in all truth, and that He fills and empowers believers for Godly living, passionate worship, and willing service.

THE CONDITION OF MAN

We believe that man was created in the image and likeness of God, but that in Adam's sin, the entire race fell, inherited a sinful nature, and became alienated from God. We believe that man is totally depraved, lost, and of himself completely unable to remedy his lost condition. However, God's plan of redemption was promised to His first people in assuring them that someone would come and crush the head of Satan.

SALVATION

We believe that salvation, with its forgiveness of sins, its regeneration unto a new nature, and its hope of eternal life, is entirely apart from good works, baptism, or man's effort. We believe that salvation is the gift of God brought to men by grace and is received by repentance and faith in the Lord Jesus Christ, whose atoning death and resurrection provide the only ground of justification and salvation. We believe that all the redeemed, once saved, are kept in God's power and thus secure in Christ forever. We also believe that it is the privilege of believers to rejoice in the assurance of their salvation as stated in God's Word, but to realize that sin may interrupt the joy of the believer's fellowship with God and bring the loving discipline of the Heavenly Father.

THE CHURCH

We believe that the Church is the body and espoused Bride of Christ. The purpose of the Church is to glorify God in joyful worship, compassionate acts of mercy, and extending His kingdom to all nations. We believe that the establishment and continuance of local churches is clearly taught and defined in the New Testament Scriptures.

SATAN

We believe that Satan is a fallen angel, the author of sin, and cause of the fall; that he is the open and declared enemy of God and man; and that he shall be eternally punished in the Lake of Fire.

THE ETERNAL STATE

We believe in the bodily resurrection of all men saved to eternal life, and the unsaved to eternal judgment and everlasting punishment. We believe that the souls of the redeemed are at death absent from the body and present with the Lord, where in conscious bliss they await their resurrection, when spirit, soul, and body are reunited to be glorified forever with the Lord in the new heaven and the new earth.

MISSIONS

We believe that God is a missional God whose desire for all nations to know Him has been outlined from Genesis to Revelation. Members of every tribe, tongue, language, and people will worship Him someday. Therefore, it is the obligation and privilege of the saved to witness by life and word to the truths of the Scriptures, to seek to proclaim the gospel, and in turn, make disciples of all nations.

Some of these statements are based on the Westminster Shorter Catechism.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating107 of 9137 of 51
Fund acquisition rating46 of 9152 of 51
Resource allocation rating436 of 91524 of 51
Asset utilization rating200 of 91310 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%0%0%3%3%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%0%3%3%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%100%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%4%4%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%0%1%1%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%84%81%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%90%90%90%97%90%
Program output ratio Program output ratio =
Program services /
Total revenue
78%76%76%72%79%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%10%10%10%3%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%27%29%33%14%38%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%16%16%14%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.422.572.663.653.50
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.031.001.011.011.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.982.502.582.693.683.50
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.9915.7021.0619.4015.790.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.060.050.050.060.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.684.494.434.223.063.43
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%6%5%5%6%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%39%37%36%26%29%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,876,564$2,133,280$1,508,255$1,027,138$854,918
Receivables, inventories, prepaids$30,321$16,111$13,718$10,882$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,906,885$2,149,391$1,521,973$1,038,020$854,918
Long-term investments$0$0$0$0$0
Fixed assets$87,039$10,048$16,862$7,321$0
Other long-term assets$12,927$0$0$0$0
Total long-term assets$99,966$10,048$16,862$7,321$0
Total assets$3,006,851$2,159,439$1,538,835$1,045,341$854,918
 
Liabilities20192018201720162015
Payables and accrued expenses$185,143$102,083$78,444$65,725$0
Other current liabilities$0$0$0$0$0
Total current liabilities$185,143$102,083$78,444$65,725$0
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$185,143$102,083$78,444$65,725$0
 
Net assets20192018201720162015
Without donor restrictions$2,821,708$2,057,356$1,460,391$979,616$0
With donor restrictions$0$0$0$0$0
Net assets$2,821,708$2,057,356$1,460,391$979,616$854,918
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$7,991,204$6,110,066$4,534,220$3,907,317$3,278,936
Program service revenue$19,028$22,305$36,698$40,825$37,965
Membership dues$0$0$0$0$0
Investment income$28,344$6,887$2,201$0$61
Other revenue$0$965$7,921$575$489
Total other revenue$47,372$30,157$46,820$41,400$38,515
Total revenue$8,038,576$6,140,223$4,581,040$3,948,717$3,317,451
 
Expenses20192018201720162015
Program services$6,126,041$4,656,466$3,306,711$3,131,878$2,436,825
Management and general$1,148,183$886,792$646,569$549,350$295,451
Fundraising$0$0$146,985$134,345$260,095
Total expenses$7,274,224$5,543,258$4,100,265$3,815,573$2,992,371
 
Change in net assets20192018201720162015
Surplus (deficit)$764,352$596,965$480,775$133,144$325,080
Other changes in net assets$0$0$0$0$0
Total change in net assets$764,352$596,965$480,775$133,144$325,080

Compensation

NameTitleCompensation
Robert McNabbPresident$143,768

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/24/2021. To update the information below, please email: info@ministrywatch.com


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