Civic Intelligence

Katabasis Inc

EIN 85-0548707 • 501(c)3 • Grifton, NC

Profile

Facilitate learning, inspire curiosity, and catalyze growth in everymember of our community by building a digital learning ecosystem that adapts to the individual, fosters collaboration , and cultivates a mndset of growth and reflection.

900 Riverside RoadGrifton, NC 28530

www.katabasis.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.50x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

100th percentile

80546%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$59,158

Up $59,158 from 2020

Liabilities

Up

$29,374

Up $22,332 (+317%) from 2020

Net Assets

Up

$29,784

Up $36,826 (+523%) from 2020

Operations
Liabilities / Revenue90th percentileNet Margin88th percentile

Revenue

Up

$80,646

Up $80,546 (+80546%) from 2020

Expenses

Up

$43,820

Up $36,678 (+514%) from 2020

Net Income

Up

$36,826

Up $43,868 (+623%) from 2020

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2020: $0Liabilities 2020: $7,042Net Assets 2020: -$7,0422020Assets 2021: $59,158Liabilities 2021: $29,374Net Assets 2021: $29,7842021

Highlighted filing

2021

Assets$59,158
Liabilities$29,374
Net Assets$29,784
Open 2021 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2020: $100Expenses 2020: $7,142Net Income 2020: -$7,0422020Revenue 2021: $80,646Expenses 2021: $43,820Net Income 2021: $36,8262021

Highlighted filing

2021

Revenue$80,646
Expenses$43,820
Net Income$36,826
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,158
Liabilities
$29,374
Net assets
$29,784
Revenue
$80,646
Expenses
$43,820
Net income
$36,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$59.2$29.4$29.8$80.6$43.8$36.8
2020Detailed filing. Detailed filing data is available for this year.$0.00$7.04$7.04$0.10$7.14$7.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 27, 2023
Return Version
2021v4.0
Gross Receipts
$80,646
Mission and Program Overview

Mission

Facilitate learning, inspire curiosity, and catalyze growth in everymember of our community by building a digital learning ecosystem that adapts to the individual, fosters collaboration , and cultivates a mndset of growth and reflection.

Program Services

DescriptionGrantsExpenses
CONDUCT CAMPS FOR CHILDREN TO LEARN BASIC COMPUTER SKILLS TO ENHANCE EDUCATIONAL OPPORTUNITIES-$39,240
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM D CAUSEYPresident/Se-$0--
JOSEPH B WIGGINSVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Katabasis Inc
EIN
85-0548707
Phone
2527551796
Address
900 RIVERSIDE ROAD, GRIFTON, NC 28530

Signing Officer

Name
William D Causey
Title
President/secretary
Phone
2527551796
Signed
2023-06-27

Preparer

Firm
Cayton & Associates Llp
Address
1696 E ARLINGTON BLVD, GREENVILLE, NC 27858-7829
Preparer
Ronald B Greene CPA
Phone
2527566266
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses interest 49 total 49”

Form 990-ez, Part II, Line 26

“Note payable 7,042 24,042 payroll taxes 0 5,332”

Form 990-ez, Part III

“Facilitate learning, inspire curiosity, and catalyze growth in everymember of our community by building a digital learning ecosystem that adapts to the individual, fosters collaboration , and cultivates a mndset of growth and reflection.”

Raw XML Appendix112 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0WILLIAM D CAUSEY
IRS990EZ/BooksInCareOfDetail/PhoneNum02527551796
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 RIVERSIDE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GRIFTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028530
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059158
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080646
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt036826
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07226
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
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IRS990EZ/GrossReceiptsAmt080646
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-7042
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029784
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-7042
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM D CAUSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSEPH B WIGGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt049
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FACILITATE LEARNING, INSPIRE CURIOSITY, AND CATALYZE GROWTH IN EVERYMEMBER OF OUR COMMUNITY BY BUILDING A DIGITAL LEARNING ECOSYSTEM THAT ADAPTS TO THE INDIVIDUAL, FOSTERS COLLABORATION , AND CULTIVATES A MNDSET OF GROWTH AND REFLECTION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDUCT CAMPS FOR CHILDREN TO LEARN BASIC COMPUTER SKILLS TO ENHANCE EDUCATIONAL OPPORTUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039240
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt036545
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07042
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt029374
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043820
IRS990EZ/TotalProgramServiceExpensesAmt039240
IRS990EZ/TotalRevenueAmt080646
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KATABASIS.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt080746
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt080746
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt080746
IRS990ScheduleA/TotalSupportAmt080746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 49 TOTAL 49
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTE PAYABLE 7,042 24,042 PAYROLL TAXES 0 5,332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FACILITATE LEARNING, INSPIRE CURIOSITY, AND CATALYZE GROWTH IN EVERYMEMBER OF OUR COMMUNITY BY BUILDING A DIGITAL LEARNING ECOSYSTEM THAT ADAPTS TO THE INDIVIDUAL, FOSTERS COLLABORATION , AND CULTIVATES A MNDSET OF GROWTH AND REFLECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM D CAUSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02527551796
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KATABASIS INC
ReturnHeader/Filer/BusinessNameControlTxt0KATA
ReturnHeader/Filer/EIN0850548707
ReturnHeader/Filer/PhoneNum02527551796
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 RIVERSIDE ROAD
ReturnHeader/Filer/USAddress/CityNm0GRIFTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028530
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562212120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAYTON & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01696 E ARLINGTON BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0278587829
ReturnHeader/PreparerPersonGrp/PhoneNum02527566266
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD B GREENE CPA
ReturnHeader/ReturnTs02023-06-27T07:45:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CAUSEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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