Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990; $148K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Daniel Terry Waghorn | — | $108,000 |
| Tad Parzen | $35,000 | $40,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Katerva INC 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
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Finds, evaluates, and speeds up groundbreaking innovations to help people and the planet.
Questions for Katerva INC
Your first name shows with your question. Katerva INC answers here, for everyone.
The organization takes in grants and contributions for us in finding, evaluating and accelerating disruptive innovation to serve humanity and the planet.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2778992) · Dispute this lineBy the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $7K | $11K |
| Total assetsLn 16 | $7K | $11K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $7K | $11K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $148K | $148K | ||
| Management feesLn 11a | $68K | $68K | ||
| Legal feesLn 11b | $642 | $642 | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Other fees for servicesLn 11g | $1K | $1K | ||
| Office expensesLn 13 | $1K | $1K | ||
| Information technologyLn 14 | $1K | $1K | ||
| TravelLn 17 | $34 | $34 | ||
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $2K | $58 | $2K | |
| Total functional expensesLn 25 | $230K | $219K | $12K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 LatestFiled with the IRS Sep 15, 2022 | $30K | $41K | −$11K | $0 | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 15, 2021 | $234K | $230K | $4K | $11K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $234,000 revenue, 12 lines filed
Part VI · Governance 2 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $234,000 across 3 lines filed
Part IX · Statement of functional expenses $230,269 across 10 lines filed
Part X · Balance sheet $10,676 assets, 6 lines filed
Part XI · Reconciliation of net assets $10,676 net assets at year end
Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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