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 | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (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)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (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) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 4,253,529 | 2,025,214 | 2,595,517 | 676,469 | 947,175 | 10,497,904 |
| 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 | 96,547 | 143,044 | 198,164 | 357,643 | 552,425 | 1,347,823 |
| 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 | 4,350,076 | 2,168,258 | 2,793,681 | 1,034,112 | 1,499,600 | 11,845,727 |
| 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.) | 11,845,727 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 4,350,076 | 2,168,258 | 2,793,681 | 1,034,112 | 1,499,600 | 11,845,727 |
| 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 on 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.).. | 4,350,076 | 2,168,258 | 2,793,681 | 1,034,112 | 1,499,600 | 11,845,727 |
| 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 2022 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-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, 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 2022. 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 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| 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. OUR ULTIMATE GOAL AT CATAPULT IS FOR STARTUPS TO LAUNCH INTO THEIR OWN BRICK AND MORTAR, WHETHER THAT IS A RETAIL STORE FRONT OR AN OFFICE OF THEIR OWN. WE BELIEVE IT IS GOOD FOR THE WHOLE COMMUNITY AS MORE BUSINESSES OCCUPY SQUARE FOOTAGE, CREATE JOBS, AND BUILD DESTINATIONS TO BE ENJOYED BY ALL. LAKELAND ENTREPRENEUR AWARDS LEA HAS A DUAL PURPOSE, SERVING AS CATAPULT'S ANNUAL FUNDRAISER AND A CHANCE FOR THE CORPORATE AND STARTUP COMMUNITIES TO CONNECT. |
| FORM 990, PAGE 2, PART III, LINE 4A | CATAPULT ENGAGES AND EQUIPS LOCAL ENTREPRENEURS, ARTISANS, AND EMERGING LEADERS WITH A VARIETY OF TOOLS 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, FL. AS THE CITY OF LAKELAND GROWS IN NUMBER, IT IS CATAPULT'S VISION TO SEE THE CREATION OF A THRIVING ENTREPRENEURIAL-MINDED COMMUNITY. WE WANT TO ASSIST IN THE CREATION AND GROWTH OF COMPANIES THAT ARE GOING TO ADD TO LAKELAND'S DIVERSE INDUSTRY BASE, PROVIDE ADDITIONAL JOBS TO OUR GROWING POPULATION, CONTRIBUTE TO THE OVERALL ENHANCEMENT OF THE CITY'S QUALITY OF LIFE, AND FILL VACANT STOREFRONTS IN OUR CITY. CATAPULT FOSTERS THE GROWTH OF STARTUPS BY LISTENING TO MEMBERS' NEEDS AND CONNECTING THEM WITH RESOURCES TO HELP THEM GROW THEIR BUSINESSES. PEOPLE WITH VARYING BACKGROUNDS AND DIFFERENT DREAMS ALL COME TOGETHER BECAUSE OF THEIR SHARED PASSION TO START SOMETHING NEW. THROUGH A MEMBERSHIP AT CATAPULT, STARTUP FOUNDERS GET ACCESS TO RESOURCES TO PROPEL THEIR BUSINESS FORWARD THROUGH THREE MAIN MEMBERSHIP TYPES. MEMBER STATS APPLICANTS - 466 MEMBERS - 268 AVERAGE AGE - 41 FEMALE - 40% DIVERSE - 35% |
| FORM 990, PAGE 2, PART III, LINE 4B | SINCE CATAPULT IS HOME TO A VARIETY OF BUSINESSES, WE FELT THE NEED TO HONE IN ON THE STARTUPS THE WE CAN BEST SERVE, RATHER THAN ATTEMPTING TO BE EVERYTHING TO EVERYONE. WITH AN INITIAL GOAL OF DISCOVERING THE MEMBERS THAT ARE MOST ALIGNED WITH CATAPULT'S MISSION, THIS SHIFT HAS ALLOWED US TO BUILD MORE TARGETED RESOURCES. MISSION-FIT MEMBERS HAVE COACHABLE MINDSETS AND ARE BUILDING STARTUPS THAT ARE INNOVATIVE AND SCALABLE. MISSION-FIT MEMBERS ARE IN THE WORKSPACE, KITCHEN, AND MAKERSPACE. THEY ARE IN ALL STAGES OF BUSINESS WITH VARIOUS BACKGROUNDS BUT FIND COMMON GROUND OVER A DESIRE TO GROW ON A LOCAL, NATIONAL, OR GLOBAL SCALE. IN ORDER TO SUPPORT MISSION-FIT MEMBERS IN A VARIETY OF DIFFERENT INDUSTRIES, CATAPULT FACILITATES EDUCATION THROUGH A ONE-ON-ONE MENTORSHIP MODEL. THIS PROGRAM CONNECTS FOUNDERS THAT ARE HUNGRY TO LEARN WITH INDUSTRY EXPERTS THAT ARE WILLING TO SHARE ADVICE. EXPERTS IN RESIDENCE TECHNICAL ADVISORS ARE HIRED BY CATAPULT TO PROVIDE HELP IN KEY BUSINESS AREAS. THEY HAVE A PRESENCE AT CATAPULT, WHETHER IN-PERSON OR ONLINE, FOR SEVERAL HOURS PER WEEK AND ARE OFTEN AVAILABLE FOR FOLLOW-UP MEETINGS. TECHNICAL ADVISORS ARE HIRED BY CATAPULT TO PROVIDE HELP IN KEY BUSINESS AREAS. THEY HAVE A PRESENCE AT CATAPULT, WHETHER IN-PERSON OR ONLINE, FOR SEVERAL HOURS PER WEEK AND ARE OFTEN AVAILABLE FOR FOLLOW-UP MEETINGS. HAVE NICHE EXPERTISE AND CAN PROVIDE TANGIBLE, SITUATION-SPECIFIC ADVICE TO FOUNDERS ON A ONE-OFF BASIS. THEY VOLUNTEER UP TO TWO HOURS A MONTH TO MEET WITH STARTUP FOUNDERS WHO ARE RECOMMENDED BY CATAPULT'S STAFF. THE LIST OF TECHNICAL ADVISORS IS CONSTANTLY GROWING. 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 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. PROGRAMS: DEMO DAY EIGHT HIGH-GROWTH STARTUPS GAVE A BEHIND-THE-SCENES LOOK INTO THEIR COMPANIES WHILE SHARING HOW THE COMMUNITY CAN SUPPORT THEM. MEMBER MARKETS IN TANDEM WITH SIGNATURE CITY OF LAKELAND EVENTS, WE HOSTED MARKETS WHERE MEMBERS SOLD PRODUCTS TO DOWNTOWN EVENT ATTENDEES. KITCHEN MEMBERS UTILIZED CATAPULT'S POP-UP WINDOW TO SELL THEIR FOOD TO MEMBERS AND THE GENERAL PUBLIC. 1 EVENT COORDINATOR: WE ADDED A FULL TIME STAFF MEMBER TO FACILITATE RENTALS AND PLAN EVENTS. 25 FROM SPEED NETWORKING TO EXPERT WORKSHOPS, MEMBERS HAD OPPORTUNITIES TO CONNECT AND GROW. CATAPULT'S EVENTS: 5,963 NON-MEMBER RENTALS FOR MEETINGS HELP TO SUBSIDIZE OUR OPERATIONS. TAMPABAY.VENTURES PITCH NIGHT VENTURE CAPITAL FIRM, TAMPABAY.VENTURES SHOWED INTEREST IN CATAPULT STARTUPS DURING A PITCH EVENT HOSTED IN THE WORKSPACE. |
| FORM 990, PART VI | 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 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. |
| 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. |
| Software ID: | |
| Software Version: |