Civic Intelligence

The Catalyst Fund

990 • Fiscal year 2018 • EIN 46-4841836

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileN/A
7117 Florida BoulevardBaton Rouge, LA 70806

(225) 215-2465

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

54th percentile

4.4%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$268,531

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 104.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

91st percentile

50%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$3,633,002

Up $1,212,181 (+50%) from 2017

Net Assets

Up

$3,625,515

Up $1,204,694 (+50%) from 2017

Liabilities

Up

$7,487

Up $7,487 from 2017

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin54th percentile

Revenue

Down

$255,923

Down $588,652 (-70%) from 2017

Expenses

Up

$244,679

Up $7,391 (+3.1%) from 2017

Net Income

Down

$11,244

Down $596,043 (-98%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $31,689Liabilities 2014: $0Net Assets 2014: $31,6892014Assets 2015: $769,964Liabilities 2015: $0Net Assets 2015: $769,9642015Assets 2016: $1,813,602Liabilities 2016: $69Net Assets 2016: $1,813,5332016Assets 2017: $2,420,821Liabilities 2017: $0Net Assets 2017: $2,420,8212017Assets 2018: $3,633,002Liabilities 2018: $7,487Net Assets 2018: $3,625,5152018Assets 2019: $2,371,735Liabilities 2019: $5,905Net Assets 2019: $2,365,8302019Assets 2020: $3,213,524Liabilities 2020: $183,549Net Assets 2020: $3,029,9752020Assets 2021: $2,789,624Liabilities 2021: $4,155Net Assets 2021: $2,785,4692021Assets 2022: $3,203,360Liabilities 2022: $0Net Assets 2022: $3,203,3602022Assets 2023: $3,262,488Liabilities 2023: $1Net Assets 2023: $3,262,4872023Assets 2024: $3,279,059Liabilities 2024: $10,001Net Assets 2024: $3,269,0582024

Highlighted filing

2018

Assets$3,633,002
Liabilities$7,487
Net Assets$3,625,515
Open 2018 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $92,130Expenses 2014: $60,441Net Income 2014: $31,6892014Revenue 2015: $1,149,180Expenses 2015: $410,905Net Income 2015: $738,2752015Revenue 2016: $1,318,184Expenses 2016: $274,615Net Income 2016: $1,043,5692016Revenue 2017: $844,575Expenses 2017: $237,288Net Income 2017: $607,2872017Revenue 2018: $255,923Expenses 2018: $244,679Net Income 2018: $11,2442018Revenue 2019: $66,421Expenses 2019: $142,170Net Income 2019: -$75,7492019Revenue 2020: $307,693Expenses 2020: $99,279Net Income 2020: $208,4142020Revenue 2021: $12,802Expenses 2021: $111,098Net Income 2021: -$98,2962021Revenue 2022: $101,900Expenses 2022: $110,774Net Income 2022: -$8,8742022Revenue 2023: $18,395Expenses 2023: $108,268Net Income 2023: -$89,8732023Revenue 2024: $7,700Expenses 2024: $1,129Net Income 2024: $6,5712024

Highlighted filing

2018

Revenue$255,923
Expenses$244,679
Net Income$11,244
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$929,494
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$2,312,429$3,148,604▲ $836,175
Cash and Non-Interest-Bearing Accounts$108,392$269,050▲ $160,658
Accounts Receivable-$12,967-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,420,821$3,633,002▲ $1,212,181
Other Assets Total$0$202,381▲ $202,381
Liabilities
Accounts Payable and Accrued Expenses-$7,487-
Total Liabilities$0$7,487▲ $7,487
Net Assets / Fund Balance
Unrestricted Net Assets$2,420,821$3,625,515▲ $1,204,694
Total Net Assets Fund Balance$2,420,821$3,625,515▲ $1,204,694
Total Liabilities and Net Assets / Fund Balance$2,420,821$3,633,002▲ $1,212,181

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$36,800-
Other Assets Org$202,381--
Other Securities$3,148,604--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis FreemanPresident/CEO, DirectorPT$133,669$4,386$138,055
William EllisonKey EmployeePT$88,486$5,476$93,962

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
$408,410
Program Service Revenue
$0
Investment Income
$-282,093
Other Revenue
$129,606
All Other Contributions
$171,850
Change in Net Assets
$11,244

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts2$171,850Fair Market Value
Total Noncash Contributions2$171,850-

Audited Revenue Reconciliation

Revenue per Audited Statements
$255,923
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,035,759
Total Revenue per Audited Statements
$1,291,682
Total Revenue per Form 990
$255,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$238,697
Other Expenses$5,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$216,816--$216,816
Payroll Taxes$11,093--$11,093
Other Employee Benefits$10,788--$10,788
Fees for Services Accounting-$4,142-$4,142
Travel$835--$835
Other Expenses-$300-$300
Fees for Services Other-$125-$125
Total Functional Expenses$239,532$5,147$0$244,679

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$259,763
Expenses per Audited Statements$244,679
Total Expenses per Form 990$244,679
Expenses Not Reported on Form 990$15,084
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 available upon request.”

Filing and Contact Details

Filer

Filer Name
The Catalyst Fund
EIN
46-4841836
Phone
2252152465
Address
7117 FLORIDA BOULEVARD, BATON ROUGE, LA 70806
Doing Business As
The Catalyst Fund

Signing Officer

Name
William Ellison
Title
Officer
Phone
2252152465
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Ellison
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 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.”

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01180869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt092130
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03948203
IRS990ScheduleA/TotalSupportAmt04469504
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/DonatedServicesAndUseFcltsAmt015084
IRS990ScheduleD/DonatedServicesUseFcltsAmt015084
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036800
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt036800
IRS990ScheduleD/ExpensesNotReportedAmt015084
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0244679
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01020675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0202381
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TAX CREDITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03148604
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt01035759
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0255923
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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0202381
IRS990ScheduleD/TotalBookValueSecuritiesAmt03148604
IRS990ScheduleD/TotalExpensesPerForm990Amt0244679
IRS990ScheduleD/TotalRevenuePerForm990Amt0255923
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01291682
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0259763
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0133669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt188486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0126331
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt183629
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/NontaxableBenefitsFilingOrgAmt04386
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt15476
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt15176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LOUIS FREEMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM ELLISON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO, DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1KEY EMPLOYEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0138055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt193962
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0130476
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt188805
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/ContributionCnt02
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NoncashContributionsRptF990Amt0171850
IRS990ScheduleM/ThirdPartiesUsedInd00
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 AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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 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/BusinessNameLine1Txt0INNOVATION CATALYST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0462219934
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/InvolvedAmt0236560
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1238697
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INNOVATION CATALYST INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1INNOVATION CATALYST INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,633,002
Liabilities
$7,487
Net assets
$3,625,515
Revenue
$255,923
Expenses
$244,679
Net income
$11,244
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.01$3.27$0.01$0.00$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.00$3.26$0.02$0.11$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$0.10$0.11$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.01$0.11$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$0.18$3.03$0.31$0.10$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.37$0.01$2.37$0.07$0.14$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.63$0.01$3.63$0.26$0.24$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.84$0.24$0.61
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.32$0.27$1.04
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.15$0.41$0.74
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.09$0.06$0.03