Civic Intelligence

Catapult Lakeland Inc.

990 • Fiscal year 2017 • EIN 80-0945525

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 02, 2018

226 N Kentucky AveLakeland, FL 33801

(863) 687-3788

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

96th percentile

96%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

169%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,910,041

Up $3,383,011 (+96%) from 2016

Net Assets

Up

$6,900,699

Up $3,381,564 (+96%) from 2016

Liabilities

Up

$9,342

Up $1,447 (+18%) from 2016

Revenue

Up

$4,989,216

Up $3,135,561 (+169%) from 2016

Expenses

Up

$1,607,652

Up $769,083 (+92%) from 2016

Net Income

Up

$3,381,564

Up $2,366,478 (+233%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2013: $323,805Liabilities 2013: $14,871Net Assets 2013: $308,9342013Assets 2014: $353,359Liabilities 2014: $3,829Net Assets 2014: $349,5302014Assets 2015: $2,507,878Liabilities 2015: $3,829Net Assets 2015: $2,504,0492015Assets 2016: $3,527,030Liabilities 2016: $7,895Net Assets 2016: $3,519,1352016Assets 2017: $6,910,041Liabilities 2017: $9,342Net Assets 2017: $6,900,6992017Assets 2018: $10,048,988Liabilities 2018: $2,676Net Assets 2018: $10,046,3122018Assets 2019: $11,138,199Liabilities 2019: $4,272Net Assets 2019: $11,133,9272019Assets 2020: $12,740,349Liabilities 2020: -$1,034Net Assets 2020: $12,741,3832020Assets 2021: $12,484,632Liabilities 2021: $3,251Net Assets 2021: $12,481,3812021Assets 2022: $12,299,274Liabilities 2022: $17,439Net Assets 2022: $12,281,8352022Assets 2023: $12,207,944Liabilities 2023: $0Net Assets 2023: $12,207,9442023Assets 2024: $12,097,602Liabilities 2024: $3,868Net Assets 2024: $12,093,7342024

Highlighted filing

2017

Assets$6,910,041
Liabilities$9,342
Net Assets$6,900,699

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $239,054Expenses 2013: $113,607Net Income 2013: $125,4472013Revenue 2014: $350,037Expenses 2014: $199,691Net Income 2014: $150,3462014Revenue 2015: $2,418,190Expenses 2015: $264,038Net Income 2015: $2,154,1522015Revenue 2016: $1,853,655Expenses 2016: $838,569Net Income 2016: $1,015,0862016Revenue 2017: $4,989,216Expenses 2017: $1,607,652Net Income 2017: $3,381,5642017Revenue 2018: $4,350,076Expenses 2018: $1,204,463Net Income 2018: $3,145,6132018Revenue 2019: $2,168,258Expenses 2019: $1,080,643Net Income 2019: $1,087,6152019Revenue 2020: $2,793,681Expenses 2020: $1,186,225Net Income 2020: $1,607,4562020Revenue 2021: $908,790Expenses 2021: $1,168,792Net Income 2021: -$260,0022021Revenue 2022: $1,506,846Expenses 2022: $1,706,392Net Income 2022: -$199,5462022Revenue 2023: $1,549,205Expenses 2023: $1,623,096Net Income 2023: -$73,8912023Revenue 2024: $1,656,711Expenses 2024: $1,770,921Net Income 2024: -$114,2102024

Highlighted filing

2017

Revenue$4,989,216
Expenses$1,607,652
Net Income$3,381,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 2, 2018
Return Version
2017v2.3
Gross Receipts
$6,103,914
Mission and Program Overview

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.

Catapult lakeland, inc. A community-centered entrepreneur center located in lakeland, fl. We aim to foster the growth of startups in the lakeland, fl and central florida area and maintain their success through affordable membership, thoughtful education, and funding to drive local business forward. Catapult lakeland, inc. Is a place where entrepreneurs can flourish and develop ideas that result in establishing and growing businesses in the lakeland, florida area through education and mentoring opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,259,193$5,688,537▲ $4,429,344
Land, Buildings, and Equipment, Net$2,127,381$972,499▼ $1,154,882
Total Assets$3,527,030$6,910,041▲ $3,383,011
Other Assets Total$140,456$249,005▲ $108,549
Liabilities
Other Liabilities$7,895$9,342▲ $1,447
Total Liabilities$7,895$9,342▲ $1,447
Net Assets / Fund Balance
Unrestricted Net Assets$3,519,135$6,900,699▲ $3,381,564
Total Net Assets Fund Balance$3,519,135$6,900,699▲ $3,381,564
Total Liabilities and Net Assets / Fund Balance$3,527,030$6,910,041▲ $3,383,011

Asset Categories

AssetBook ValueDepreciationBasis
Land$795,420-$795,420
Compensation and Service Providers

Board Members and Trustees

NameTitle
David Hallock JrPresident
Wesley BeckVice Chairma
Brian PhilpotDirector
Jeff ChamberlainDirector
Todd BaylisSecretary
Cory PetcoffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,014,858
Program Service Revenue
$57,534
Investment Income
$-1,083,176
Other Revenue
$0
All Other Contributions
$5,713,425
Change in Net Assets
$3,381,564

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
Other Non Cash Contri Table1$144,991Fair Market Value (FMV)
Total Noncash Contributions1$144,991-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,127,322
Salaries, Compensation, and Employee Benefits$480,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,087$82,772-$413,859
Occupancy$115,993$28,998-$144,991
Office Expenses$97,836$24,460-$122,296
Advertising$107,961--$107,961
Depreciation Depletion$41,285--$41,285
Other Employee Benefits$29,615$7,403-$37,018
Payroll Taxes$23,562$5,891-$29,453
All Other Expenses$9,555$2,389-$11,944
Insurance$8,952$2,238-$11,190
Other Expenses$6,995$1,749-$8,744
Fees for Services Accounting$4,990$1,248-$6,238
Fees for Services Legal$4,011$1,003-$5,014
Travel$156$39-$195
Total Functional Expenses$856,081$751,571$0$1,607,652
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
LedcRelated PartyEmployee Sal. Reimb.No$95,564
Lakeland Ecom Devlp Council LedcRelated PartyContribution FromNo$45,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal$7,129
Post-tax Medical$1,552
Futa$483
Suta$303
Hsa-optum Bank Account$258
Post-tax Hsa Ee$125
401k Payable$-508
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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 15A

The organization makes its governing documents, conflict of interest policy, and finanical 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 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.

Filing and Contact Details

Filer

Filer Name
Catapult Lakeland Inc
EIN
80-0945525
Phone
8636873788
Address
226 N KENTUCKY AVE, LAKELAND, FL 33801

Signing Officer

Name
David Hallock Jr
Title
President
Phone
8636873788
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hallock Jr
Formed
2013
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
13
Volunteers
80

Preparer

Firm
Wall Titus LLC
Address
212 E HIGHLAND DR STE 201, LAKELAND, FL 33813-1725
Preparer
Alicia C James CPA
Phone
8636830708
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Catapult lakeland, inc. Is a place where entrepreneurs can flourish and develop ideas that result in establishing and growing businesses in the lakeland, florida area through education and mentoring opportunities. 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; enable the development of visionary ideas for the lakeland community; 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.

Form 990, Part III

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. Co.starters (boot camp) is a business planning course, designed to position startups for greater sustainability in their business ventures. Co.starters is facilitated by mba's and serial entrepreneurs. Guest speakers are invited from leading marketing, design, web-development, content-sourcing, accounting and law firms in lakeland. Throughout the course, participants identify and test business assumptions through customer interactions, develop a functioning business model, learn valuable management and marketing skills, and receive constructive feedback from advisors, peers, and former grads. The relationships and connections formed within class are also very valuable to the entrepreneurs. Students from each of these educational institutions would form teams of 5 -7 individuals, with 5 to 7 teams participating in the course. Teams would be selected on the basis of functional/industry interest. During the first nine weeks of the the innovation and design course, students use co.starters to learn the ins and outs of a robust business model. During the 2nd 9 weeks, students work with mentors from the community to make their ideas come to life. The course culminates in a pitch night where students pitch their business ideas to a panel who has invested in several ideas to see them come to fruition in the community. The relationship between mentor and mentee will last 3-months. They call or meet once a month for perhaps coffee or lunch. Each meeting is approximately 60 to 90 minutes. While each mentor will have his or her own style, remember the primary goal of these meetings is to attack a specific challenge facing the mentee's business and make forward progress. Our program is open to all catapult entrepreneurs, but the best candidates are usually actively working on a startup and have a specific topic or problem where they could use help from an experienced mentor. Catapult lakeland also offers the following weekly educational programming: lunch & learns workshops - 1 hour training on a specific topic; seminars - 2 to 3-hour in-depth training on a specific topic; office hours - questions answered by a professional. More than 500 people have participated in free or low-cost educational workshops and training in 2017.

Form 990, Page 2, Part III, Line 4B

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 4D

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.

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IRS990/ProgSrvcAccomActy2Grp/Desc0INTRO 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.
IRS990/ProgSrvcAccomActy3Grp/Desc0CATAPULT'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.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LAUNCH 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CATAPULT LAKELAND, INC. IS A PLACE WHERE ENTREPRENEURS CAN FLOURISH AND DEVELOP IDEAS THAT RESULT IN ESTABLISHING AND GROWING BUSINESSES IN THE LAKELAND, FLORIDA AREA THROUGH EDUCATION AND MENTORING OPPORTUNITIES. 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; ENABLE THE DEVELOPMENT OF VISIONARY IDEAS FOR THE LAKELAND COMMUNITY; SHOWCASE ENTREPRENEURIAL SUCCESSES AND IDEAS, AS WELL AS ESTABLISH A PLATFORM FOR SOCIAL INTERACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THROUGH 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATAPULT 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. CO.STARTERS (BOOT CAMP) IS A BUSINESS PLANNING COURSE, DESIGNED TO POSITION STARTUPS FOR GREATER SUSTAINABILITY IN THEIR BUSINESS VENTURES. CO.STARTERS IS FACILITATED BY MBA'S AND SERIAL ENTREPRENEURS. GUEST SPEAKERS ARE INVITED FROM LEADING MARKETING, DESIGN, WEB-DEVELOPMENT, CONTENT-SOURCING, ACCOUNTING AND LAW FIRMS IN LAKELAND. THROUGHOUT THE COURSE, PARTICIPANTS IDENTIFY AND TEST BUSINESS ASSUMPTIONS THROUGH CUSTOMER INTERACTIONS, DEVELOP A FUNCTIONING BUSINESS MODEL, LEARN VALUABLE MANAGEMENT AND MARKETING SKILLS, AND RECEIVE CONSTRUCTIVE FEEDBACK FROM ADVISORS, PEERS, AND FORMER GRADS. THE RELATIONSHIPS AND CONNECTIONS FORMED WITHIN CLASS ARE ALSO VERY VALUABLE TO THE ENTREPRENEURS. STUDENTS FROM EACH OF THESE EDUCATIONAL INSTITUTIONS WOULD FORM TEAMS OF 5 -7 INDIVIDUALS, WITH 5 TO 7 TEAMS PARTICIPATING IN THE COURSE. TEAMS WOULD BE SELECTED ON THE BASIS OF FUNCTIONAL/INDUSTRY INTEREST. DURING THE FIRST NINE WEEKS OF THE THE INNOVATION AND DESIGN COURSE, STUDENTS USE CO.STARTERS TO LEARN THE INS AND OUTS OF A ROBUST BUSINESS MODEL. DURING THE 2ND 9 WEEKS, STUDENTS WORK WITH MENTORS FROM THE COMMUNITY TO MAKE THEIR IDEAS COME TO LIFE. THE COURSE CULMINATES IN A PITCH NIGHT WHERE STUDENTS PITCH THEIR BUSINESS IDEAS TO A PANEL WHO HAS INVESTED IN SEVERAL IDEAS TO SEE THEM COME TO FRUITION IN THE COMMUNITY. THE RELATIONSHIP BETWEEN MENTOR AND MENTEE WILL LAST 3-MONTHS. THEY CALL OR MEET ONCE A MONTH FOR PERHAPS COFFEE OR LUNCH. EACH MEETING IS APPROXIMATELY 60 TO 90 MINUTES. WHILE EACH MENTOR WILL HAVE HIS OR HER OWN STYLE, REMEMBER THE PRIMARY GOAL OF THESE MEETINGS IS TO ATTACK A SPECIFIC CHALLENGE FACING THE MENTEE'S BUSINESS AND MAKE FORWARD PROGRESS. OUR PROGRAM IS OPEN TO ALL CATAPULT ENTREPRENEURS, BUT THE BEST CANDIDATES ARE USUALLY ACTIVELY WORKING ON A STARTUP AND HAVE A SPECIFIC TOPIC OR PROBLEM WHERE THEY COULD USE HELP FROM AN EXPERIENCED MENTOR. CATAPULT LAKELAND ALSO OFFERS THE FOLLOWING WEEKLY EDUCATIONAL PROGRAMMING: LUNCH & LEARNS WORKSHOPS - 1 HOUR TRAINING ON A SPECIFIC TOPIC; SEMINARS - 2 TO 3-HOUR IN-DEPTH TRAINING ON A SPECIFIC TOPIC; OFFICE HOURS - QUESTIONS ANSWERED BY A PROFESSIONAL. MORE THAN 500 PEOPLE HAVE PARTICIPATED IN FREE OR LOW-COST EDUCATIONAL WORKSHOPS AND TRAINING IN 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TEAMS OF 5-7, WITH 5 TO 7 TEAMS PARTICIPATING IN THE COURSE. TEAMS WOULD BE SELECTED ON THE BASIS OF FUNCTIONAL/INDUSTRY INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LAUNCH 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WE MONITOR ANY INTERESTS WITH OUR BOARD OF DIRECTORS AND VOLUNTEER LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC BY HAVING THEM AVAILABLE IN THE CORPORATE OFFICE AND BY MAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0RECEIVED 45,000 CONTRIBUTION FROM LAKELAND ECONOMIC DEVELOPMENT COUNCIL (LEDC). PAID LEDC 95,5643 FOR USE OF LEDC EMPLOYEES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
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