Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 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 |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 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) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (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) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 3,336,696 | 6,014,858 | 4,253,529 | 2,025,214 | 2,595,517 | 18,225,814 |
| 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 | 38,459 | 89,056 | 96,547 | 143,044 | 198,164 | 565,270 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 3,375,155 | 6,103,914 | 4,350,076 | 2,168,258 | 2,793,681 | 18,791,084 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| 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. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 18,791,084 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 3,375,155 | 6,103,914 | 4,350,076 | 2,168,258 | 2,793,681 | 18,791,084 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 3,375,155 | 6,103,914 | 4,350,076 | 2,168,258 | 2,793,681 | 18,791,084 |
| 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 0.015 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 0.035 | 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 | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| 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.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | 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; ENABLES THE DEVELOPMENT OF VISIONARY IDEAS FOR THE LAKELAND, FL COMMUNITY, AS WELL AS CENTRAL FLORIDA; SHOWCASE ENTREPRENEURIAL SUCCESSES AND IDEAS, AS WELL AS ESTABLISH A PLATFORM FOR SOCIAL INTERACTION. |
| FORM 990 | 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, SUCCESSFUL 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. STARTUP GRIND X AFTER ATTENDING STARTUP GRIND'S GLOBAL CONFERENCE, CATAPULT LAUNCHED LAKELAND'S STARTUP GRIND X CHAPTER. STARTUP GRIND IS THE LARGEST INDEPENDENT STARTUP COMMUNITY, ACTIVELY EDUCATING, INSPIRING AND CONNECTING MORE THAN 2,000,000 ENTREPRENEURS IN 600 CHAPTERS IN 125 COUNTRIES. OUR FIRST EVENT FEATURED A FIRESIDE CHAT BETWEEN TIM COX, DIRECTOR OF CREATIVE SERVICES AT PUBLIX AND CATAPULT MEMBER, JON SIERRA OF SIERRA CREATIVE. THE 100+ ATTENDEES HEARD FROM TIM COX ON WHAT IT MEANS TO PRIORITIZE BRANDING. FUTURE BI-MONTHLY EVENTS WILL FEATURE A SIMILAR FORMAT WITH THE GOAL OF CONVENING ENTREPRENEURS TOGETHER AND EDUCATING AND INSPIRING THEM. CATAPULT 3.0 THE LONG AWAITED, PREMIER NEW CATAPULT FACILITY OPENED IN MARCH 2020. OUR UPGRADED WORKSPACE FEATURES 23,000 SF OF OFFICE SPACE FOR A VARIETY OF STARTUPS INCLUDING OUR COWORKING AREA, 20 DEDICATED DESKS, AND 22 PRIVATE OFFICES RANGING FROM A SINGLE PERSON OFFICE TO A 5-PERSON OFFICE. ENTREPRENEURS NOW CAN GROW WITHIN THE SPACE BEFORE MAKING THEIR MOVE INTO A SPACE OF THEIR OWN IN LAKELAND, FL. THE LONG-ANTICIPATED MAKER SPACE IS PLANNED TO OPEN IN 2ND QUARTER OF 2021. THIS 9,000 SF SPACE WIL BE FULLY EQUIPPED WITH MACHINERY FOR STARTUPS, HOBBYISTS AND CORPORATIONS TO PROTOTYPE AND MANUFACTURE PRODUCTS. A FULL WOODSHOP AND METAL SHOP WILL BE INCLUDED. |
| FORM 990, PAGE 2, PART III, LINE 4A | CATAPULT LAKELAND, INC. ENGAGES AND EQUIPS LOCAL ENTREPRENEURS, ARTISANS AND EMERGING LEADERS WITH A VARIETY OF TOOLS AND RESOURCES TO CREATE A COMMUNITY THAT IS STRONGER, MORE DISTINCTIVE AND SUSTAINABLE. CATAPULT'S PROGRAM AND OPERATING COSTS ARE FUNDED BY PRIVATE INDIVIDUALS, FOUNDATIONS AND EARNED REVENUE. ALL PROGRAMS TAKE PLACE IN LAKELAND, FLORIDA. AS FOR MOST BUSINESSES, 2020 PROVED CHALLENGING FOR BOTH CATAPULT AND OUR STARTUPS. IN THE MIDST OF THE PANDEMIC, CATAPULT LOST 60 MEMBERS, ALL WHILE GIVING FREE MEMBER MEMBERSHIPS FOR 2 MONTHS. ALTHOUGH WE HAVE EXPERIENCED A CONSIDERABLE AMOUNT OF MEMBERSHIP TURNOVER, WE ARE PROUD TO BACK AT PRE- COVID NUMBERS. DESPITE THE CHALLENGES OF SOCIALLY DISTANCING OURSELVES, THE CATAPULT TEAM STILL FOUND MEANINGFUL WAYS TO CONNECT AND SUPPORT THEIR MEMBERSHIP WHILE ALSO ENGAGING WITH THE BROADER LAKELAND COMMUNITY. MANY PROGRAMS AND EVENTS WERE OFFERED VIA ZOOM. STARTING IN THE FALL, HYBRID EVENTS WERE OFFERED TO PROVIDE MULTIPLE ATTENDANCE OPTIONS. CO.STARTERS ONE COHORT OF CO.STARTERS WAS OFFERED IN THE SPRING OF 2020. DUE TO COVID, THE SECOND HALF OF THIS COHORT WAS MOVED ONLINE. A TOTAL OF 14 BUSINESSES PARTICIPATED IN THIS NINE-WEEK COURSE THAT EQUIPS ENTREPRENEURS WITH THE INSIGHTS, RELATIONSHIPS, AND TOOLS NEEDED TO TURN IDEAS INTO ACTION. PLANS WITH THE MAYOR TO BRING THIS PROGRAM TO AN UNDER-REPRESENTED SEGMENT OF THE COMMUNITY IN APRIL 2020 WERE POSTPONED DUE TO COVID. CAT WALK CAT WALK SERVES ENTREPRENEURS THAT HAVE SUCCESSFULLY LAUNCHED AND HAVE SHIFTED THEIR EFFORTS TOWARD SCALING THEIR BUSINESS APPROPRIATELY. IN 2020 THE GROUP MEET BOTH VIRTUALLY AND IN-PERSON AS WELL AS THROUGH 1-ON-1 MENTOR SESSIONS. CAT WALK IS DESIGNED FOR ENTREPRENEURS THAT HAVE SUCCESSFULLY LAUNCHED AND ARE NOW FOCUSING ON SCALING THEIR BUSINESS. DELIVERABLES INCLUDE: -MAKING BETTER DECISIONS - STAYING STRATEGIC RATHER THAN TACTICAL. HAVING YOUR ANSWERS QUESTIONED. -ACCOUNTABILITY - COLLECTIVE ACCOUNTABILITY TASKS, "WHAT GETS MEASURED, GETS DONE." -GROWTH - MEMBERS LEARN FROM HAVING THEIR ISSUES WORKED BY THE GROUP AS WELL AS WORKING ON OTHER MEMBERS' ISSUES. OCCASIONALLY, SPEAKERS ARE BROUGHT TO THE GROUP FOCUSING ON SPECIFIC AREAS OF BUSINESS NEEDS AND INTERESTS. -ISOLATION - THE "LONELY AT THE TOP SYNDROME" IS ADDRESSED THROUGH NON- JUDGMENTAL, TRUSTED AND CONFIDENTIAL DISCUSSIONS IN EACH OTHER'S DEVELOPMENT, AKA, INFORMAL BOARD OF ADVISORS. -CHANGE - DEVELOPING THE COURAGE/CONFIDENCE TO DISCUSS AND IMPLEMENT THE APPROPRIATE CHANGE IN YOUR BUSINESS AND PERSONAL DEVELOPMENT. VALUES OF PARTICIPATION -GROUP INPUT/COMRADERY -ACCOUNTABILITY -LEARNING FROM OTHERS' CHALLENGES -BEST PRACTICES IN MANAGING A TEAM -COMFORT KNOWING THAT OTHERS ARE EXPERIENCING SIMILAR PROBLEMS LAKELAND ENTREPRENEUR AWARDS CATAPULT HOSTED ITS SECOND ANNUAL EVENT IN JANUARY 2020 TO RECOGNIZE AND HONOR NOTABLE ACCOMPLISHMENTS OF LAKELAND'S ENTREPRENEURS AND THOSE WHO SUPPORT THEM. IT ALSO SERVED AS A FUNDRAISER TO FURTHER THE MISSION OF CATAPULT. THE EVENT FEATURED KEYNOTE SPEAKER TROY CARTER, TECH VENTURE CAPITALIST AND MUSIC MOGUL. TROY HIGHLIGHTED LESSONS HE LEARNED ALONG THE WAY FROM DIFFERENT CELEBRITIES. WINNER OF THE AWARDS ARE AS FOLLOWS: COMMUNITY PILLAR: JEFF CHAMBERLAIN, RETIRED PUBLIX SUPER MARKETS VP OF REAL ESTATE PEOPLE'S CHOICE: BUMP GALLETTA, BUMP GALLETA ILLUSTRATION DAVID LYONS ENTREPRENEUR OF THE YEAR: CHRIS MCARTHUR, BLACK + BREW AND PATRIOT COFFEE |
| FORM 990, PAGE 2, PART III, LINE 4B | INTRO TO ENTREPRENEURSHIP - ENTREPRENEURSHIP TRAINING, FOR THE REST OF US. WE BUILT INTRODUCTION TO ENTREPRENEURSHIP AS A BUSINESS TRAINING PROGRAM FOR ASPIRING ENTREPRENEURS. WE TEACH BUSINESS FUNDAMENTALS - CUSTOMER DEVELOPMENT, BRANDING ESSENTIALS AND BASIC FINANCIALS, AMONG OTHER THINGS - WITH A WELCOMING, HANDS-ON AND HUMAN APPROACH. INNOVATION & DESIGN COURSE OUR EDUCATION PARTNERS POLK STATE COLLEGE, FLORIDA SOUTHERN COLLEGE, SOUTHEASTERN UNIVERSITY, FLORIDA POLYTECHNIC UNIVERSITY AND KEISER UNIVERSITY HAVE CREATED AN INTERCOLLEGIATE INTERDISCIPLINARY INNOVATION, FOUR CREDIT HOUR COURSE TO BE TAUGHT AT CATAPULT. THE COURSE WILL BE OFFERED AT BOTH THE UNDERGRADUATE AND GRADUATE LEVELS. 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. |
| FORM 990, PAGE 2, PART III, LINE 4C | CATAPULT'S MENTOR PROGRAM FACILITIES ONE-ON-ONE RELATIONSHIPS THAT ARE MUTUALLY BENEFICIAL TO BOTH MENTOR AND MENTEE. THESE INDIVIDUAL RELATIONSHIPS RESULT IN PERSONAL AND PROFESSIONAL ACCOMPLISHMENTS FOR BOTH PARTIES. ALL OTHER ASPECTS OF THE PROGRAM INHERENTLY SUPPORT THE RELATIONSHIP AND WELL-ROUNDED DEVELOPMENT OF THE MENTEE. LAUNCH LAUNCH IS A COMMUNITY-BASED EFFORT LEAD, AND FUNDED, BY LOCAL FINANCIAL INSTITUTIONS TO CATAPULT THAT IS CREATED TO ASSIST LOCAL ENTREPRENEURS. LAUNCH'S GOAL IS TO HELP LAKELAND ENTREPRENEURS TAKE THEIR BUSINESS CONCEPT TO THE NEXT LEVEL. LAUNCH WILL DO THIS BY PROVIDING GRANTS TO ENTREPRENEURS WHO CAN SUCCESSFULLY PITCH THEIR CONCEPTS TO LAUNCH'S TEAM. PITCH SESSIONS - ARE HELD 2 TO 3 TIMES PER YEAR AT CATAPULT. APPLICATIONS ARE AVAILABLE ONLINE AT CATAPULTLAKELAND.COM. ADVISORY BOARD MEMBERS ATTEND PITCH SESSIONS, GIVE THEIR INPUT IN A CLOSED-DOOR SESSION FOLLOWING THE PITCHES AND THE PITCH JUDGES WILL VOTE ON GRANT AWARDS. THE PUBLIC IS INVITED TO ATTEND PITCH SESSIONS. IT'S LIKE SHARK TANK. BUT WITH HAPPY PEOPLE. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER ACCOMPLISHMENTS IN APRIL 2020, CATAPULT INTRODUCED A PODCAST CALLED HEADWAY FOR ENTREPRENEURS AND INDUSTRY EXPERTS TO SHARE PRACTICAL TOOLS AND INSIGHTS. A TOTAL OF 13 PODCASTS WERE RELEASED IN ITS FIRST SEASON WITH 1000 LISTENS. COVID RESPONSE: THE PANDEMIC HAS BEEN CHALLENGING TIME, BUT PARTICULARLY FOR SMALL BUSINESSES. A FEW OF THE WAYS WE RESPONDED TO ASSIST ENTREPRENEURS IN THIS UNPRECEDENTED TIME: -TWO FREE MONTHS OF MEMBERSHIP -ONLINE PROGRAMMING -RESOURCE BLOGS -MEMBER COMMUNICATION CHANNELS FOR RESOURCE SHARING + SUPPORT MEMBER PROMOTION: AS A WAY TO CELEBRATE AND PROMOTE THE DIVERSE MEMBERSHIPS BASE OF CATAPULT, THROUGHOUT THE YEAR, 80 MEMBERS WERE HIGHLIGHTED ON CATAPULT'S SOCIAL MEDIA 367 TIMES REACHING AN AUDIENCE OF 9,600. FIRESIDE CHATS OUR YEAR KICKED OFF WITH Q&A CHAT WITH A FRIEND WE MET DURING ONE OF OUR MANY RESEARCH TRIPS. ANDY BROWN, OF EAT PIZZA IN WASHINGTON, DC TALKED TO ENTREPRENEURS ABOUT THE STRATEGIES HE USED TO SCALE HIS BUSINESS FROM A RETAIL OPERATION TO WHOLESALE. AMIDST THE CHALLENGES OF THE PANDEMIC, ANDY MCENTIRE OWNER OF INDIE ATLANTIC FILMS AND CO-OWNER OF CONCORD COFFEE, DISCUSSED STRATEGIES FOR ENTREPRENEURS TO PIVOT AND PLAN AHEAD IN A VOLATILE TIME. THROUGHOUT OUR 1-ON-1 MEETINGS WITH MEMBERS, A THEME STARTED TO EMERGE. WITH TRADITIONAL SALES AVENUES HALTED, ENTREPRENEURS EXPRESSED A STRUGGLE IN FINDING NEW WAYS TO GENERATE LEADS AND CLOSE SALES. TO ASSIST, A PANEL OF 3 LOCAL EXPERTS - RICARDO RIVERA, JILL GABLE AND DAVID YOUNG - THEY PROVIDED THEIR ADVICE TO ENTREPRENEURS. THESE EVENTS REACHED AN AUDIENCE OF 200 PEOPLE, INCLUDING BOTH CATAPULT MEMBERS AND THE LAKELAND COMMUNITY. ACCELERATOR PROGRAM - CATAPULT KITCHEN AMIDST THE PANDEMIC, IT BECAME CLEAR THAT FOOD STARTUPS NEEDED TO PIVOT THEIR BUSINESS STRUCTURE IN ORDER TO OBTAIN SALES. IN RESPONSE, CATAPULT LAUNCHED A 5-WEEK ONLINE CONSUMER PACKAGED GOODS ACCELERATOR PROGRAM. THIS PROGRAM WAS DESIGNED TO HELP ENTREPRENEURS SCALE THEIR BUSINESSES BEYOND DIRECT-TO-CONSUMER SALES TO INCLUDE WHOLESALE OPERATIONS. A TOTAL OF 15 COMPANIES PARTICIPATED IN THIS INAUGURAL PROGRAM AND RECEIVED FEEDBACK FROM EXPERTS IN THE FIELD. TOPICS COVERED INCLUDE: -INTRO TO CONSUMER-PACKAGED GOODS - ANGIE FONTES, COMPASS BLENDING -COSTING A CONSUMER PACKAGED GOOD - CHRIS MCARTHUR, PATRIOT COFFEE -E-COMMERCE FOR CONSUMER PACKAGED GOODS - GRANT NIEDDU, SPARK SITES -MARKETING A CONSUMER PACKAGED GOOD - MEDIA ROOM PHOTO SHOOT -PRODUCT FEEDBACK SESSION - JENNIFER CAREY AND LEILA BLACKING, PUBLIX AND SAM DAVIDSON, BATCH USA. |
| FORM 990, PAGE 6, PART VI, LINE 11B | 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, PAGE 6, PART VI, LINE 12C | WE MONITOR ANY INTERESTS WITH OUR BOARD OF DIRECTORS AND VOLUNTEER LEGAL COUNSEL. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES IT 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. |
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