Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
990 • Fiscal year 2017 • EIN 80-0945525
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
8th percentile
Higher debt load relative to revenue than 8% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
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
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $795,420 | - | $795,420 |
| Name | Title |
|---|---|
| David Hallock Jr | President |
| Wesley Beck | Vice Chairma |
| Brian Philpot | Director |
| Jeff Chamberlain | Director |
| Todd Baylis | Secretary |
| Cory Petcoff | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $144,991 | Fair Market Value (FMV) |
| Total Noncash Contributions | 1 | $144,991 | - |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Ledc | Related Party | Employee Sal. Reimb. | No | $95,564 |
| Lakeland Ecom Devlp Council Ledc | Related Party | Contribution From | No | $45,000 |
| Liability | Amount |
|---|---|
| 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 |
“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.”
“We monitor any interests with our board of directors and volunteer legal counsel.”
“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.”
“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.”
“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.”
“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.”
“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.”
“Teams of 5-7, with 5 to 7 teams participating in the course. Teams would be selected on the basis of functional/industry interest.”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 107961 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 107961 |
| IRS990/AllOtherContributionsAmt | 0 | 5713425 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2389 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 9555 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 11944 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LAURA TAYLOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8636873788 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 226 N KENTUCKY AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAKELAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33801 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1259193 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5688537 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6014858 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -1083176 |
| IRS990/CYOtherExpensesAmt | 0 | 1127322 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 57534 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3381564 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 480330 |
| IRS990/CYTotalExpensesAmt | 0 | 1607652 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4989216 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 41285 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 41285 |
| IRS990/Desc | 0 | CATAPULT LAKELAND, INC. ENGAGES AND EQUIPS LOCAL ENTREPRENEURS, ARTISANS AND EMERGING LEADERS WITH A VARIETY OF TOOLS AND RESOURCES TO CREATE A COMMUNITY THAT IS STRONGER, MORE DISTINCTIVE AND SUSTAINABLE. CATAPULT'S PROGRAM AND OPERATING COSTS ARE FUNDED BY PRIVATE INDIVIDUALS, FOUNDATIONS AND EARNED REVENUE. ALL PROGRAMS TAKE PLACE IN LAKELAND, FLORIDA. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 13 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1248 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 4990 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6238 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1003 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 4011 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5014 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TODD BAYLIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JEFF CHAMBERLAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID HALLOCK JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WESLEY BECK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRIAN PHILPOT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CORY PETCOFF |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -1114698 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 6103914 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2238 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 8952 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11190 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 31522 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 31522 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 20 |
| IRS990/IRPDocumentW2GCnt | 0 | 40 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 70492 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2127381 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 972499 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1042991 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 1114698 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 81442 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3519135 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6900699 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -1114698 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -1114698 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 144991 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 28998 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 115993 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 144991 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 24460 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 97836 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 122296 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 140456 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 249005 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 7403 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 29615 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 37018 |
| IRS990/OtherExpensesGrp/Desc | 0 | CASSIDY BUILDING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | EDUCATION DEVELOPMENT LAU |
| IRS990/OtherExpensesGrp/Desc | 2 | EDUCATION DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | EDUCATION DEVELOPMENT: WO |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 574860 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 14055 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 4466 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1749 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 56220 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 17863 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6995 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 574860 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 70275 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 22329 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 8744 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 7895 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 9342 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 82772 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 331087 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 413859 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5891 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 23562 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 29453 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | DAVID HALLOCK JR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LAKELAND SUMMER LEADERSHIP PR |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | YLAKELAND |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | WORKSHOPS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | CATAPULT KITCHEN |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | COSTARTERS FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 24164 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 19145 |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | INTRO 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/Desc | 0 | CATAPULT'S MENTOR PROGRAM FACILITIES ONE-ON-ONE RELATIONSHIPS THAT ARE MUTUALLY BENEFICIAL TO BOTH MENTOR AND MENTEE. THESE INDIVIDUAL RELATIONSHIPS RESULT IN PERSONAL AND PROFESSIONAL ACCOMPLISHMENTS FOR BOTH PARTIES. ALL OTHER ASPECTS OF THE PROGRAM INHERENTLY SUPPORT THE RELATIONSHIP AND WELL-ROUNDED DEVELOPMENT OF THE MENTEE. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | 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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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | SUTA |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | HSA-OPTUM BANK ACCOUNT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | POST-TAX HSA EE |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TEAMS 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/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | WE MONITOR ANY INTERESTS WITH OUR BOARD OF DIRECTORS AND VOLUNTEER LEGAL COUNSEL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 2, PART III, LINE 4B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt | 0 | RECEIVED 45,000 CONTRIBUTION FROM LAKELAND ECONOMIC DEVELOPMENT COUNCIL (LEDC). PAID LEDC 95,5643 FOR USE OF LEDC EMPLOYEES. |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6910041 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
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| IRS990/TotalEmployeeCnt | 0 | 13 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.