Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) .... | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10. | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 0 | 0 | 239,000 | 213,287 | 1,178,829 | 1,631,116 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | 0 | |||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 6 | Total. Add lines 1 through 5. | 0 | 0 | 239,000 | 213,287 | 1,178,829 | 1,631,116 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 1,631,116 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 0 | 0 | 239,000 | 213,287 | 1,178,829 | 1,631,116 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 54 | 82 | 302 | 438 | ||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| c | Add lines 10a and 10b. | 54 | 82 | 302 | 438 | ||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 45,000 | 45,000 | 3,426 | 93,426 | ||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 0 | 0 | 284,054 | 258,369 | 1,182,557 | 1,724,980 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2015 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2015 |
(iii) Distributable Amount for 2015 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2015 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2015 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2015: | ||||
| a | ||||
| b | ||||
| c | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2015 distributable amount | ||||
|
i
Carryover from 2010 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2015 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2015 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2016. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a | ||||
| b | ||||
| c Excess from 2013....... | ||||
| d From 2014....... | ||||
| e From 2015....... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990 Part I, Line 1: | THROUGH EDUCATIONAL AND MENTORING PROGRAMS. CATAPULT PROVIDES AN ATMOSPHERE FOR EDUCATION, MENTORING, TRAINING AND ACCELERATING INNOVATIVE IDEAS TO HELP ENTREPRENEURS LEARN HOW TO BUILD STRONGER BUSINESSES. CATAPULT PROVIDES EDUCATIONAL OPPORTUNITIES AND RESOURCES THAT ALLOW ENTREPRENEURS TO PITCH AND FLUSH OUT IDEAS TO CATAPULT THEIR BUSINESSES TO THE NEXT LEVEL, AS WELL AS IDENTIFY TECHNOLOGIES OR BUSINESS GAPS AND PROVIDE VALUE-ADDED SOLUTIONS. CATAPULT IS A PLACE WHERE IDEAS CAN BE SHARED AND PROBLEMS CAN BE SOLVED IN AN ENTREPRENEURIAL CULTURE THAT ENCOURAGES AND FOSTERS INNOVATION FOR THE BETTERMENT OF THE LAKELAND COMMUNITY. |
| Form 990 Part III, Line 1: | Catapult puts creative capital to work through educational and mentoring programs that: Support the professional growth of entrepreneurs, artisans and emerging leaders; Help entrepreneurs build and develop sustainable and viable ventures; Enable the development of visionary ideas for the Lakeland community; Showcase entrepreneurial successes and ideas, as well as establish a platform for social interaction. |
| form 990 Part III, Line 4a: Program Service One | CO.STARTERS is a business-planning course, designed to position startups for greater sustainability in their business ventures. CO.STARTERS is a nine-week course, convening one evening a week for three hours and is facilitated by MBA's and serial entrepreneurs. Guest speakers are invited from leading marketing, design, web development, content-sourcing, accounting and law firms in Lakeland. Throughout the course, participants identify and test business assumptions through customer interactions, develop a functioning business model, learn valuable management and marketing skills, and receive constructive feedback from advisors, peers, and former grads. The relationships and connections formed within this class are also very valuable to the entrepreneurs. This program launched in January 2014 when Catapult Lakeland, Inc opened its doors and has graduated 3 classes of more than 45 entrepreneurs in 2015. |
| Form 990 Part III, Line 4b: Program Service Two | Students from each of these educational institutions would form teams of 5-7, with 5 to 7 teams participating in the course. Teams would be selected on the basis of functional/industry interest. The Innovation and Design Course during the first 9 weeks, students use Co.Starters to learn the ins and outs of a robust business model. During the 2nd 9 weeks, students work with mentors from the community to make their ideas come to life. The course culminates in a pitch night where students pitch their ideas to a panel who has invested in several ideas to see them come to fruition in our community. |
| Form 990 Part III, Line 4c: Program Service Three | The relationship between mentor and mentee will last 3-months. We call this a mentor cycle. During these three months you should expect to meet once per month, perhaps for lunch or coffee. Each meeting will probably be 60-90 minutes. While each mentor will have his or her own style, remember the primary goal of these meetings is to attack a specific challenge facing your business and make forward progress. Our program is open to all Catapult entrepreneurs/mentees, but the best candidates are usually actively working on a startup and have a specific topic or problem where they could use help from an experienced mentor. Catapult Lakeland also offers the following programming: Lunch & Learns Workshops - 1 hour training on a specific topic; Seminars - 2-3 Hour in-depth training on a specific topic; Office Hours - Questions answered by a professional. More than 200 people have particpated in free or low-cost educational workshops and training in 2015. |
| Form 990, part vi, section b, line 11: | the board of directors reviews the form 990 before it is filed and designates one of its members to discuss any questions with the cpa who prepared the return. |
| form 990, part vi, section b, line 12c: | we monitor any interests with our board of directors and volunteer legal counsel. |
| form 990, part vi, section c, line 19: | the organization makes its governing documents, conflict of interest policy, and financial statements available to the public by having them available in the corporate office and by mail upon request. |
| form 990, part ix, statement of functional expenses lines 5-10: | payroll expense represents amounts paid to lakeland economic developement council (ledc) for use of ledc employees for catapult purposes. |
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