Civic Intelligence

Katabasis Inc

990EZ • Fiscal year 2020 • EIN 85-0548707

Mar 27, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.KATABASIS.ORG
900 Riverside RoadGrifton, NC 28530

(252) 755-1796

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

100th percentile

70.42x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-7042%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Net Assets

-$7,042

No earlier filing loaded for comparison.

Liabilities

$7,042

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

$100

No earlier filing loaded for comparison.

Expenses

$7,142

No earlier filing loaded for comparison.

Net Income

-$7,042

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2020

Assets$0
Liabilities$7,042
Net Assets-$7,042
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$100
Expenses$7,142
Net Income-$7,042
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Mar 27, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$100
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--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM D CAUSEYPresident/SePT$0--
JOSEPH B WIGGINSVice PresidePT$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
2021-11-15

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 II, Line 26

“NOTE PAYABLE 0 7,042”

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 Appendix102 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0WILLIAM D CAUSEY
CompensationExplanation/CompensationExplanationGrp/PersonNm1JOSEPH B WIGGINS
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/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0100
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7042
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07142
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt0100
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-7042
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-7042
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt125.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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/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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07042
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07142
IRS990EZ/TotalRevenueAmt0100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KATABASIS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100
IRS990ScheduleA/TotalSupportAmt0100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOTE PAYABLE 0 7,042
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FACILITATE 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 II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM D CAUSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02527551796
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
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/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD B GREENE CPA
ReturnHeader/ReturnTs02021-11-15T16:42:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CAUSEY
ReturnHeader/TaxPeriodBeginDt02020-03-27
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$7,042
Net assets
-$7,042
Revenue
$100
Expenses
$7,142
Net income
-$7,042
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