Catapult Foundation is located in Centennial, CO. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catapult Foundation 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 09/2023, Catapult Foundation generated $84.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $18.4k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR YOUTH AND YOUNG ADULTS IN CHALLENGING CIRCUMSTANCES TO BECOME THE"KNOWLEDGE WORKERS" OF THE FUTURE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Buege Director | 1 | $0 | |
Virginia Buege Director | 1 | $0 | |
Jon Urish Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $84,236 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,513 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $1,658 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $556 |
| Printing and publications | $0 |
| Other expenses | $14,676 |
| Total operating and administrative expenses | $18,380 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,798 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $50,555 |
| Net Land, buildings, and equipment | $17,367 |
| Other assets | $0 |
| Total assets | $362,044 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,620 |
| Total liabilities | $1,620 |