Skip to content

Florida · Nonprofit

CATAPULT LAKELAND INC

CATAPULT LAKELAND INC (Florida) receives grants from 11 organizations whose IRS filings report $9,170,286 to it, the largest being GIVEWELL COMMUNITY FOUNDATION INC ($8,535,100). 6 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.7M
Funders on record
11
Grants received
$9.2M
Net assets
$12M
6/11 repeat funderspeak grant-dependency 85%
01What it does

What Catapult Lakeland Inc does

Mission

Catapult lakeland, inc. A community-centered entrepreneur center located in lakeland, fl. We aim to foster the growth of startups in the lakeland, fl and central florida area and maintain their success through affordable membership, thoughtful education, and funding to drive local business forward. Catapult lakeland, inc. Is a place where entrepreneurs can flourish and develop ideas that result in establishing and growing businesses in the lakeland, florida area through education and mentoring opportunities. Over the years, our staff has been laser-focus on building a state-of-the- art facility. Led by christin strawbridge and a wonderful team of collaborators, this building allows us to better serve lakeland's entrepreneurs and accomplish our mission of fostering the growth of startups in lakeland by providing affordable space, thoughtful education, and funding opportunities. Our mission is to increase the viability of startups and catapult was created to help facilitate growth for la

As stated on its FY2024 Form 990.

Programs

  1. Catapult lakeland, inc. Engages and equips local entrepreneurs, artisans, and emerging leaders with a variety of tools and resources to create a community that is stronger, more distinctive, and sustainable. Catapult's program and operating costs are funded by private individuals, foundations and earned revenue. All programs take place in lakeland, florida. As the city grows in number, it is our vision to see the creation of a thriving entrepreneurial-minded community. We want to assist in the creation and growth of companies that are going to add to lakeland's diverse industry base, provide additional jobs to our growing population, contribute to the overall enhancement of the city's quality of life, and fill vacant storefronts in our city. Catapult fosters the growth of startups by listening to members' needs and connecting them with resources to help them grow their businesses. People with varying backgrounds and different dreams all come together because of their shared passion to start something new. Through a membership at catapult, startup founders get access to resources to propel their business forward.

    $497,793 spent$130,782 earned by the program
    37% of program spending
  2. Since catapult is home to a variety of businesses, we felt the need to hone in on the startups that we can best serve rather than trying to be everything to everyone. With an initial goal of discovering the members that are most aligned with catapult's mission, this shift has allowed us to build more targeted resources. Mission-fit members have coachable mindsets and are building startups that are innovative and scalable. Mission-fit members are in the workspace, kitchen, and makerspace. They are in all stages of business with various backgrounds but find common ground over a desire to grow on a local, national, or global scale. In order to support mission-fit members in a variety of different industries, catapult facilitates education through a one-on-one mentorship model. This program connects founders that are hungry to learn with industry experts that are willing to share advice. Experts in residence technical advisors are hired by catapult to provide help in key business areas. They have a presence at catapult, whether in-person or online, for several hours per week and are often available for follow-up meetings. Technical advisors are hired by catapult to provide help in key…

    $363,121 spent$219,225 earned by the program
    27% of program spending
  3. Catapult's mentor program facilities one-on-one relationships that are mutually beneficial to both mentor and mentee. These individual relationships result in personal and professional accomplishments for both parties. All other aspects of the program inherently support the relationship and well-rounded development of the mentee. Programs include: experts in residence - catapult's six different experts in residence provide one-on-one guidance to founders in areas such as accounting, human resources, and branding. These meetings help entrepreneurs get answers to their specific questions, brainstorm new ideas, and solve immediate problems. Seed-to-scale program - through florida southern college's center for free enterprise and entrepreneurship, students who are building innovative businesses can utilize the equipment, programs, and connections available through membership at catapult. Upon graduation, two students have continued full-time membership. Advisory board pilot - as part of a pilot program, we created an advisory board for the makerspace to connect founders with experienced business leaders. During the meetings, they brainstormed solutions in a variety of areas such as…

    $493,038 spent$210,404 earned by the program
    36% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,353,952.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.0M) Expenses 100 ($1.6M) Net assets 100 ($6.9M)2018 Revenue 87 ($4.4M) Expenses 75 ($1.2M) Net assets 146 ($10M)2019 Revenue 43 ($2.2M) Expenses 67 ($1.1M) Net assets 161 ($11M)2020 Revenue 56 ($2.8M) Expenses 74 ($1.2M) Net assets 185 ($13M)2021 Revenue 18 ($909k) Expenses 73 ($1.2M) Net assets 181 ($12M)2022 Revenue 30 ($1.5M) Expenses 106 ($1.7M) Net assets 178 ($12M)2023 Revenue 31 ($1.5M) Expenses 101 ($1.6M) Net assets 177 ($12M)2024 Revenue 33 ($1.7M) Expenses 110 ($1.8M) Net assets 175 ($12M)
'17'18'19'20'21'22'23'24
Revenue (33)Expenses (110)Net assets (175)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $6.9M to $10M (+45%).

$6.9M
$10M
$11M
$13M
$12M
$12M
$12M
$12M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2022 22%. Grants only. Government contracts and fees sit inside program revenue.

59% of CATAPULT LAKELAND INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$3.4M
’17
$3.1M
’18
$1.1M
’19
$1.6M
’20
−$260k
’21
−$200k
’22
−$74k
’23
−$114k
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Stephanie Madden

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed6698991111
Joined·+0+3+0+5+1+2+1
No longer listed·0014101
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $2.8M → $319k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CATAPULT LAKELAND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CATAPULT LAKELAND INC leans on a few funders — its largest provides 93% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CATAPULT LAKELAND INC.

93%
largest funder
98%
top three
~1
effective funders

Largest funder’s share by year: 2017 93% · 2018 94% · 2019 99% · 2020 97% · 2021 85% · 2022 82% · 2023 94% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of CATAPULT LAKELAND INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

93% of CATAPULT LAKELAND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $614k that is directly attributable, 86% of it comes from Florida funders.

ME
MN
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $8.6M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CATAPULT LAKELAND INC is better cushioned than half of the 4,203 community improvement nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve11.8mo · above the median
Revenue growth (annualized)−15% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding CATAPULT LAKELAND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8k on record.

State$8k
19
20
21
22
23
24
Top programs
  • REFUNDS - GENERAL $8k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CATAPULT LAKELAND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for CATAPULT LAKELAND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CATAPULT LAKELAND INC?
CATAPULT LAKELAND INC (Florida) receives grants from 11 organizations whose IRS filings report $9,170,286 to it, the largest being GIVEWELL COMMUNITY FOUNDATION INC ($8,535,100). 6 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CATAPULT LAKELAND INC have?
IRS filings report 11 organizations giving $9,170,286 in grants to CATAPULT LAKELAND INC, 6 of which have funded it in more than one year.
Who is the largest funder of CATAPULT LAKELAND INC?
GIVEWELL COMMUNITY FOUNDATION INC is the largest funder on record, with $8,535,100 in grants. The full list of funders is on this page.
How can an organization like CATAPULT LAKELAND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Catapult Lakeland →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing