Team Catapult EIN 47-5137944

Team Catapult

EIN  47-5137944 Public charity (501(c)(3)) Spring, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports physically challenged athletes in endurance sports through coaching, funding, and event access.
Leadership
Jarrett Hubert · President
Money in and out
$282K revenue, $253K expenses
Bottom line
61% program efficiency

Supports physically challenged athletes in endurance sports through coaching, funding, and event access. For fiscal year 2024 it reported $282K in revenue, $253K in expenses, and $194K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$282K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$194K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $29K
Where spending went · Part IX cols B–D
Program services $0.61 Fundraising $0.39
Program efficiency
61%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate▲ +13% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▲ +229% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$282K
FY2024▲ +14%
Expenses
$253K
FY2024▲ +5%
Total assets
$194K
FY2024▲ +18%
Total liabilities
$0
FY2024
Total revenue
$282K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$194K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$29K
Total assetsPt X · Ln 16$194K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $131K of program spending, described in the organization's own filed words · FY2024.
01

Monetary and equipment grants for adaptive athletes

$77Kprogram expense
02

Multi-day running and mobility camp for adaptive athletes

$34Kprogram expense
03

Houston Marathon weekend expenses for adaptive athletes

$20Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTeam Catapult
EINHdr · item D47-5137944
Principal addressHdr · item CSpring, TX
WebsiteHdr · item Jwww.teamcatapult.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director of Athlete Experience
$0Pt VII · Sec A
See Team Catapult executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$216K · 77%
Other revenue$66K · 23%
Contributions & grants77%$216K
Other revenue23%$66K
Total revenueLn 12$282K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Fundraising $0.39
Program services61%$154K
Fundraising39%$99K
Total functional expensesLn 25$253K

Balance Sheet

Part X · end of year
CashLn 1$183K
Total assetsLn 16$194K
Total liabilitiesLn 26$0
Total net assetsLn 32$194K
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $183K · Operating expenses/yr $253K
8.7 months
Where the money goes
Program services
Program services $154K · Total expenses $253K
61%
Management & General
Management & general $0 · Total expenses $253K
0%
Fundraising
Fundraising $99K · Total expenses $253K
39%
Cost to raise $1
Fundraising expense (3-yr avg) $106K · Solicited contributions (3-yr avg) $237K
$0.45 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $216K · Total revenue $282K
77%
Government reliance
Government grants $0 · Total revenue $282K
0%
Earned-income share
Program service revenue $0 · Total revenue $282K
0%
Investment reliance
Investment income $0 · Total revenue $282K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $253K
0%
Growth & trend
Revenue growth (YoY)
This year $282K · Prior year $248K
+14%
Revenue CAGR
FY2020 $75K · FY2024 $282K
+39%
Net-asset trend (YoY)
End of year $194K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $282K · Expenses $253K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $194K
Net-asset ratio
Net assets $194K · Total assets $194K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $194K
0%
People & payroll
Highest Reported Total Compensation
Individual Jarrett Hubert · Reported title President · Highest reported compensation $0 · Total expenses $253K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $253K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 0%
Fundraising cost ratio 46%
Revenue growth 14%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$37K
See all 3 funders →
Grants paid · 3 grants · $202K · 2022–2024
Unitemized GrantFY2024$77,416
Unitemized GrantFY2023$74,146
Unitemized GrantFY2022$50,247

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$282K revenue · viewing · ⤓ 990 PDF
FY2023$248K revenue · ⤓ 990 PDF
FY2022$310K revenue · ⤓ 990 PDF
FY2021$83K revenue · ⤓ 990 PDF
FY2020$75K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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