Catalyst Sports Inc
- Assets
- $591.8k
- Revenue
- $797.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Atlanta, GA
- Founding
- 07/2012
- Data as of
- 12/2023
- EIN
- 80-0760565
Organization Overview
Catalyst Sports Inc is located in Atlanta, GA. The organization was established in 2012. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Catalyst Sports Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Sports Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Catalyst Sports Inc generated $797.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.2% each year . All expenses for the organization totaled $441.0k during the year ending 12/2023. While expenses have increased by 48.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GIVE PEOPLE WITH DISABILITIES ACCESS TO THE LIFE CHANGING IMPACT OF ADVENTURE WITHIN A SUPPORTIVE AND INCLUSIVE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH INNOVATIVE ADAPTIVE EQUIPMENT AND WITH THE SUPPORT OF TRAINED VOLUNTEERS, WE BREAK DOWN THE BARRIERS THAT PREVENT PEOPLE WITH DISABILITIES FROM ACCESSING ADVENTURE SPORTS IN THEIR COMMUNITY. ALL OF OUR ADVENTURES TAKE PLACE ALONGSIDE A SUPPORTIVE AND INCLUSIVE COMMUNITY OF PEOPLE. THROUGH THESE PROGRAMS, PEOPLE WITH DISABILITIES ARE EMPOWERED TO DISCOVER THEIR STRENGTH AND ABILITIES AND EVERYONE DISCOVERS THAT WE ALL PLAY A PART.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Barnard Board Member | Trustee | 1 | $0 |
Lee Ann Hoffman Board Member | Trustee | 1 | $0 |
John Chapman Board Member | Trustee | 1 | $0 |
Terrance Blackwell Board Member | Trustee | 1 | $0 |
Stuart Cohen Board Member | Trustee | 1 | $0 |
Kalen Mckenzie Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $762,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $762,136 |
| Total Program Service Revenue | $35,289 |
| Investment income | $56 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $797,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $35,340 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,917 |
| Advertising and promotion | $50,315 |
| Office expenses | $9,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $29,891 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,375 |
| All other expenses | $136,999 |
| Total functional expenses | $441,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,887 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $286,174 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $591,813 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,639 |
| Total liabilities | $1,639 |
| Net assets without donor restrictions | $590,174 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $591,813 |