Catapult Chicago

Chicago, ILUnknown exempt organization EIN 45-3592682Revenue $368K in FY2020Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRScatapultchicago.comChicago, IL

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Support technology start ups via low cost office space. Final year of operation is 2020.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3592682) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
The latest return is for FY2020, 6 tax years back.
IRS e-file · Filing history
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$284K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$368K
Spent
$404K
To programs
0%
Net assets
−$284K

From the FY2020 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Traesurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Catapult Chicago executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No

Programs and updates

Provided affordable office space for technology startups until 2020.

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1 program · in their own filed words · FY2020
01

Catapults efforts were limited during 2020 due to economic slow down related to covid 19 pandemic

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3592682) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$368K
Ln 12
Fees for servicesLn 2g$261K
Gifts and grantsLn 1h$107K
Money outPt IX
$404K
Ln 25
Owns and owesPt X
−$284K
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$284K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$107K
Fees for servicesLn 2g$261K
Total revenueLn 12$368K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$284K
Net assetsLn 32−$284K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Total assetsLn 16$95K$0
LiabilitiesLn 26$32K$284K
Net assetsLn 32$64K−$284K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$105K
Payroll taxesLn 10$11K
Accounting feesLn 11c$6K
Advertising and promotionLn 12$1K
Office expensesLn 13$8K
Information technologyLn 14$20K
OccupancyLn 16$218K
TravelLn 17$530
InterestLn 20$93
InsuranceLn 23$4K
Other expenses (24a–d)Ln 24$29K
Total functional expensesLn 25$404K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest ViewingFiled with the IRS Apr 6, 2021 $368K$404K−$36K−$284K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $367,822 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $146,364$106,620
I-9 Program service revenuePrior year $380,826$261,202
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $527,190$367,822
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $108,746$116,142
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $403,049$287,554
I-18 Total expensesPrior year $511,795$403,696
I-19 Revenue less expensesPrior year $15,395−$35,874
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $367,822 across 5 lines filed
VIII-1b Membership dues$11,150
VIII-1f All other contributions, gifts and grants$95,470
VIII-1h Total contributions, gifts and grants$106,620
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $261,202$261,202
VIII-12 Total revenueRelated to mission $261,202 · Unrelated business $0 · Excluded from tax $0$367,822
Part IX · Statement of functional expenses $403,696 across 11 lines filed
IX-7 Other salaries and wages$105,083
IX-10 Payroll taxes$11,059
IX-11c Accounting fees$5,701
IX-12 Advertising and promotion$1,336
IX-13 Office expenses$8,153
IX-14 Information technology$20,382
IX-16 Occupancy$218,202
IX-17 Travel$530
IX-20 Interest$93
IX-23 Insurance$3,802
IX-24 Other expenses (24a–d)$29,355
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$403,696
Part X · Balance sheet $0 assets, 11 lines filed
X-16 Total assetsStart of year $95,489$0
X-17 Accounts payable and accrued expensesStart of year $26,543$110,871
X-24 Unsecured notes and loans payable$172,655
X-26 Total liabilitiesStart of year $31,543$283,526
X-27 Net assets without donor restrictionsStart of year $0$0
X-28 Net assets with donor restrictionsStart of year $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$311,479
X-31 Retained earnings or endowmentStart of year $63,946−$595,005
X-32 Total net assets or fund balancesStart of year $63,946−$283,526
X-33 Total liabilities and net assetsStart of year $95,489$0
Part XI · Reconciliation of net assets −$283,526 net assets at year end
XI-1 Total revenue$367,822
XI-2 Total expenses$403,696
XI-3 Revenue less expenses−$35,874
XI-4 Net assets at start of year$63,946
XI-9 Other changes in net assets−$311,598
XI-10 Net assets at end of year−$283,526

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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