Civic Intelligence

Innovation Catalyst Inc.

990 • Fiscal year 2016 • EIN 46-2219934

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

Organization ProfileWWW.INNOVATIONCATALYST.US
7117 Florida BlvdBaton Rouge, LA 70806-4549

(225) 215-2465

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

91st percentile

$227,374

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 31.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

96th percentile

122%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

36%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$2,083,488

Up $1,144,608 (+122%) from 2015

Net Assets

Up

$2,081,058

Up $1,155,926 (+125%) from 2015

Liabilities

Down

$2,430

Down $11,318 (-82%) from 2015

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin92nd percentile

Revenue

Up

$728,352

Up $191,352 (+36%) from 2015

Expenses

Up

$354,034

Up $84,718 (+31%) from 2015

Net Income

Up

$374,318

Up $106,634 (+40%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $26,890Liabilities 2013: $24,387Net Assets 2013: $2,5032013Assets 2015: $938,880Liabilities 2015: $13,748Net Assets 2015: $925,1322015Assets 2016: $2,083,488Liabilities 2016: $2,430Net Assets 2016: $2,081,0582016Assets 2017: $2,518,382Liabilities 2017: $0Net Assets 2017: $2,518,3822017Assets 2018: $3,702,186Liabilities 2018: $4,453Net Assets 2018: $3,697,7332018Assets 2019: $2,372,372Liabilities 2019: $117,580Net Assets 2019: $2,254,7922019Assets 2020: $3,234,667Liabilities 2020: $280,616Net Assets 2020: $2,954,0512020Assets 2021: $114,365Liabilities 2021: $7,602Net Assets 2021: $106,7632021Assets 2022: $24,216Liabilities 2022: $40,247Net Assets 2022: -$16,0312022Assets 2023: $89,820Liabilities 2023: $219,595Net Assets 2023: -$129,7752023Assets 2024: $248,567Liabilities 2024: $491,766Net Assets 2024: -$243,1992024

Highlighted filing

2016

Assets$2,083,488
Liabilities$2,430
Net Assets$2,081,058
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $270,286Expenses 2013: $267,784Net Income 2013: $2,5022013Revenue 2015: $537,000Expenses 2015: $269,316Net Income 2015: $267,6842015Revenue 2016: $728,352Expenses 2016: $354,034Net Income 2016: $374,3182016Revenue 2017: $356,350Expenses 2017: $299,339Net Income 2017: $57,0112017Revenue 2018: $498,500Expenses 2018: $287,283Net Income 2018: $211,2172018Revenue 2019: $78,218Expenses 2019: $261,474Net Income 2019: -$183,2562019Revenue 2020: $173,034Expenses 2020: $148,615Net Income 2020: $24,4192020Revenue 2021: $233,403Expenses 2021: $155,956Net Income 2021: $77,4472021Revenue 2022: $20,060Expenses 2022: $142,854Net Income 2022: -$122,7942022Revenue 2023: $29,098Expenses 2023: $142,912Net Income 2023: -$113,8142023Revenue 2024: $162,977Expenses 2024: $276,401Net Income 2024: -$113,4242024

Highlighted filing

2016

Revenue$728,352
Expenses$354,034
Net Income$374,318
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$728,352
Mission and Program Overview

Mission

To accelerate the growth of the louisiana technology-based economy by identifying, educating and connecting entrepreneurs, investors, universities, government agencies and businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$769,964$1,813,534▲ $1,043,570
Cash and Non-Interest-Bearing Accounts$159,720$264,993▲ $105,273
Land, Buildings, and Equipment, Net$7,376$3,311▼ $4,065
Other Notes and Loans Receivable, Net$1,820$1,650▼ $170
Total Assets$938,880$2,083,488▲ $1,144,608
Liabilities
Accounts Payable and Accrued Expenses$13,748$2,430▼ $11,318
Total Liabilities$13,748$2,430▼ $11,318
Net Assets / Fund Balance
Unrestricted Net Assets$925,132$2,081,058▲ $1,155,926
Total Net Assets Fund Balance$925,132$2,081,058▲ $1,155,926
Total Liabilities and Net Assets / Fund Balance$938,880$2,083,488▲ $1,144,608

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,311$9,936-
Other Securities$1,813,534--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis FreemanPresident/CEO, DirectorFT$110,000$7,374$117,374
Jeanne BaylessFormer CEO-$80,169$80,169$80,169

Board Members and Trustees

NameTitle
Nanette NolandBoard Chairman
John DaviesDirector
John Terrell BrownDirector
Michael KirbyDirector
Shawn UsherDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$726,251
Program Service Revenue
$2,017
Investment Income
$84
Other Revenue
$0
All Other Contributions
$726,251
Change in Net Assets
$374,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$728,352
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$794,027
Total Revenue per Audited Statements
$1,522,379
Total Revenue per Form 990
$728,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,023
Other Expenses$75,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,431$29,108-$145,539
Current Officers, Directors, Trustees, and Key Employees$88,000$22,000-$110,000
Fees for Services Other$60,494--$60,494
Payroll Taxes$12,172$3,043-$15,215
Other Employee Benefits$6,615$1,654-$8,269
Depreciation Depletion-$4,064-$4,064
Insurance-$3,225-$3,225
Office Expenses-$2,800-$2,800
Information Technology$686$171-$857
Other Expenses$1,187$198-$198
Travel$10$2-$12
Total Functional Expenses$287,195$66,839$0$354,034

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$366,453
Expenses per Audited Statements$354,034
Total Expenses per Form 990$354,034
Expenses Not Reported on Form 990$12,419
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organization's board of directors will review form 990 prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is annually reviewed by the organization's management. Management and board members must sign a disclosure statement annually stating that they have read, understand, and will comply with the policy. Board members must recuse themselves from voting on any matters holding a related interest.”

Form 990, Part VI, Section B, Line 15A

“An independent compensation committee comprised of board members used a search firm/compensation consultant to determine compensation of jeanne bayless, the previous ceo. Louis freeman, the ceo hired in 2016, received the same salary which was approved by the board. Mr. Freeman is an at will employee; he has no employment agreement.”

Form 990, Part VI, Section C, Line 19

“These statements/documents are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Innovation Catalyst Inc
EIN
46-2219934
Phone
2252152465
Address
7117 FLORIDA BLVD, BATON ROUGE, LA 70806-4549
Doing Business As
Innovation Catalyst Inc

Signing Officer

Name
Louis M Freeman Jr
Title
CEO
Phone
2252152465
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis M Freeman Jr
Formed
2012
Legal Domicile
La
Voting Board Members
6
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
Jeanne M Driscoll CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 60,494. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,494.”

FORM 990, PART XI, LINE 9:

“Income from subsidaries 781,608.”

Form 990, Part XII, Line 2C

“The organization has a committee responsible for the oversight of the audit and the selection of an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The company believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in operating expenses.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gain from subsidiary 781,608.”

Raw XML AppendixShowing 400 of 483 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0537000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0463773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0270286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01997310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02017
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02017
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01997310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0726251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0537000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0270286
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01997310
IRS990ScheduleA/TotalSupportAmt01999411
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012419
IRS990ScheduleD/DonatedServicesUseFcltsAmt012419
IRS990ScheduleD/EquipmentGrp/BookValueAmt03311
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09936
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt013247
IRS990ScheduleD/ExpensesNotReportedAmt012419
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0354034
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherRevenueAmt0781608
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01813534
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0794027
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0728352
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE COMPANY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN OPERATING EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GAIN FROM SUBSIDIARY 781,608.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03311
IRS990ScheduleD/TotalBookValueSecuritiesAmt01813534
IRS990ScheduleD/TotalExpensesPerForm990Amt0354034
IRS990ScheduleD/TotalRevenuePerForm990Amt0728352
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01522379
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0366453
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt180169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt180169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LOUIS FREEMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JEANNE BAYLESS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO, DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0117374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt180169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt180169
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS WILL REVIEW FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED BY THE ORGANIZATION'S MANAGEMENT. MANAGEMENT AND BOARD MEMBERS MUST SIGN A DISCLOSURE STATEMENT ANNUALLY STATING THAT THEY HAVE READ, UNDERSTAND, AND WILL COMPLY WITH THE POLICY. BOARD MEMBERS MUST RECUSE THEMSELVES FROM VOTING ON ANY MATTERS HOLDING A RELATED INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN INDEPENDENT COMPENSATION COMMITTEE COMPRISED OF BOARD MEMBERS USED A SEARCH FIRM/COMPENSATION CONSULTANT TO DETERMINE COMPENSATION OF JEANNE BAYLESS, THE PREVIOUS CEO. LOUIS FREEMAN, THE CEO HIRED IN 2016, RECEIVED THE SAME SALARY WHICH WAS APPROVED BY THE BOARD. MR. FREEMAN IS AN AT WILL EMPLOYEE; HE HAS NO EMPLOYMENT AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE STATEMENTS/DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 60,494. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,494.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INCOME FROM SUBSIDARIES 781,608.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0INNOVATION CATALYST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE CATALYST FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464841836
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE SOCIAL WELFARE IN DISTRESSED COMMUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07117 FLORIDA BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BATON ROUGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0708064549
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0261962
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1261837
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE CATALYST FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE CATALYST FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,083,488
Liabilities
$2,430
Net assets
$2,081,058
Revenue
$728,352
Expenses
$354,034
Net income
$374,318
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.49$0.24$0.16$0.28$0.11
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.22$0.13$0.03$0.14$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.04$0.02$0.02$0.14$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.01$0.11$0.23$0.16$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.28$2.95$0.17$0.15$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.12$2.25$0.08$0.26$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.00$3.70$0.50$0.29$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.00$2.52$0.36$0.30$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.73$0.35$0.37
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.54$0.27$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.02$0.00$0.27$0.27$0.00