Civic Intelligence

The Catalyst Fund

990 • Fiscal year 2019 • EIN 46-4841836

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

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

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

3rd percentile

-114%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$173,189

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 260.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

3rd percentile

-35%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-74%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$2,371,735

Down $1,261,267 (-35%) from 2018

Net Assets

Down

$2,365,830

Down $1,259,685 (-35%) from 2018

Liabilities

Down

$5,905

Down $1,582 (-21%) from 2018

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin3rd percentile

Revenue

Down

$66,421

Down $189,502 (-74%) from 2018

Expenses

Down

$142,170

Down $102,509 (-42%) from 2018

Net Income

Down

-$75,749

Down $86,993 (-774%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth3rd 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

2019

Assets$2,371,735
Liabilities$5,905
Net Assets$2,365,830
Open 2019 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

2019

Revenue$66,421
Expenses$142,170
Net Income-$75,749
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$66,421
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$3,148,604$2,045,667▼ $1,102,937
Cash and Non-Interest-Bearing Accounts$269,050$126,300▼ $142,750
Accounts Receivable$12,967--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,633,002$2,371,735▼ $1,261,267
Other Assets Total$202,381$199,768▼ $2,613
Liabilities
Accounts Payable and Accrued Expenses$7,487$5,905▼ $1,582
Total Liabilities$7,487$5,905▼ $1,582
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,625,515$2,365,830▼ $1,259,685
Total Net Assets Fund Balance$3,625,515$2,365,830▼ $1,259,685
Total Liabilities and Net Assets / Fund Balance$3,633,002$2,371,735▼ $1,261,267

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$36,800-
Other Assets Org$199,768--
Other Securities$2,045,667--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis FreemanPresident/CEO-formerFT$81,381$2,898$84,279
William EllisonCEOFT$50,081$3,609$53,690

Board Members and Trustees

NameTitle
Nanette NolandBoard Chairman-former
Michael MolesDirector
Stephanie CargileDirector
Veneeth LyengarDirector
John DaviesDirector-former
John Terrell BrownDirector-former
Michael KirbyDirector-former
Shawn UsherDirector-former
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$15,956
Other Revenue
$50,465
Change in Net Assets
$-75,749

Audited Revenue Reconciliation

Revenue per Audited Statements
$66,421
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,165,780
Total Revenue per Audited Statements
$-1,099,359
Total Revenue per Form 990
$66,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,634
Other Expenses$5,536
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$121,787--$121,787
Payroll Taxes$8,339--$8,339
Other Employee Benefits$6,508--$6,508
Fees for Services Accounting-$4,320-$4,320
Fees for Services Legal-$950-$950
Fees for Services Other-$125-$125
Other Expenses$1$140-$1
Total Functional Expenses$136,635$5,535$0$142,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$160,326
Expenses per Audited Statements$142,170
Total Expenses per Form 990$142,170
Expenses Not Reported on Form 990$18,156
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 35% controlled entity
No
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

“The board hired william ellison effective 1/1/2020. Mr. Ellison's employment contract was negotiated by the board.”

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
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Ellison
Formed
2012
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
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/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0939748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01311962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01180869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03856073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt065291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0491478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06222
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0586592
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82340
IRS990ScheduleA/PublicSupportPY170Pct00.83920
IRS990ScheduleA/PublicSupportTotal170Amt03658076
IRS990ScheduleA/SubstantialContributorsTotAmt0197997
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0423494
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0939748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01311962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01180869
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03856073
IRS990ScheduleA/TotalSupportAmt04442665
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt018156
IRS990ScheduleD/DonatedServicesUseFcltsAmt018156
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036800
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt036800
IRS990ScheduleD/ExpensesNotReportedAmt018156
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0142170
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1183936
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0199768
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ANGEL INVESTOR CREDITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02045667
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0-1165780
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt066421
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/TotalBookValueOtherAssetsAmt0199768
IRS990ScheduleD/TotalBookValueSecuritiesAmt02045667
IRS990ScheduleD/TotalExpensesPerForm990Amt0142170
IRS990ScheduleD/TotalRevenuePerForm990Amt066421
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-1099359
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0160326
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt081381
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt150081
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt083619
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1108791
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/NontaxableBenefitsFilingOrgAmt02898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt13609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt02978
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt13708
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt17000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LOUIS FREEMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM ELLISON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO-FORMER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt084279
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt153690
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt086597
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1119499
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
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/ExplanationTxt2THE BOARD HIRED WILLIAM ELLISON EFFECTIVE 1/1/2020. MR. ELLISON'S EMPLOYMENT CONTRACT WAS NEGOTIATED BY THE BOARD.
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/GiftGrntOrCapContriToOthOrgInd00
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/InvolvedAmt0137969
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INNOVATION CATALYST INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,371,735
Liabilities
$5,905
Net assets
$2,365,830
Revenue
$66,421
Expenses
$142,170
Net income
-$75,749
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