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Catapult Design

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800321543 ✦ Sanford, NC ✦ Designated as a 501(c)(3)

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Overview

What is Catapult Design?

Catapult Design is a nonprofit organization situated in Sanford, North Carolina. Their primary focus is on providing conceptual design, engineering, and implementation strategy services to develop and implement life-enhancing products and services for disadvantaged communities and marginalized populations. Their mission is deeply rooted in addressing the global issue of lack of access to basic necessities, striving to help these communities thrive through human-centered product development. With a team of six dedicated individuals, Catapult Design is committed to serving those in need, working on projects that aim to improve people's lives.


Official website here: www.catapultdesign.org

Is Catapult Design legitimate?

Catapult Design is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catapult Design submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $248,600
Professional Fundraising Fees: $7,700
Other Salaries and Wages: $455,099

For more financial information, click here


Official website here: www.catapultdesign.org

What is the mission statement of Catapult Design?

Catapult Design's mission is centered around addressing the global issue of limited access to life's basic necessities for a significant portion of the world's population. The organization focuses on developing and implementing human-centered products to enhance the lives of disadvantaged communities and marginalized populations. Through their design, engineering, and strategy services, they aim to help these communities thrive. Catapult Design offers conceptual design, engineering, and implementation strategy services for new products and services specifically tailored for marginalized communities.


Official website here: www.catapultdesign.org

Who is the CEO of Catapult Design?

Angela Hariche is the CEO of Catapult Design The CEO's salary of Catapult Design is $248,600 and their total compensation is $279,819.


Official website here: www.catapultdesign.org

What is the revenue of Catapult Design?

Catapult Design's revenue in 2023 was $2,042,804.


Official website here: www.catapultdesign.org

Who are the executives of Catapult Design and what are their salaries?

The average compensation at Catapult Design during 2023 was $87,962. There are 8 employees at Catapult Design.

Here are 7 key members and their salaries (Catapult Design's CEO's salary is $248,600 and their total compensation is $279,819):


Angela Hariche (Ceo)
  • Compensation: $248,600
  • Related: $0
  • Other: $31,219
Rajiv Bhatia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Lovazzano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Peters (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Boylston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaheen Kassim-Lakha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madiha Kotb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.catapultdesign.org

Where can I find the form 990 for Catapult Design?

Catapult Design's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.catapultdesign.org

Learn more at the official website: www.catapultdesign.org

Mission Statement of Catapult Design

Catapult Design is an organization dedicated to providing design, engineering, strategy, and education services with a focus on enhancing the lives of disadvantaged communities and marginalized populations. Their mission stems from the fact that a significant portion of the world's population lacks access to life's basic necessities. Recognizing this gap, Catapult Design develops and implements human-centered products designed to empower these communities, enabling them to thrive. The organization's services span from conceptual design and engineering to implementation strategy for new products and services tailored to marginalized communities.

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Impact




October, 2024

Catapult Design significantly impacts disadvantaged communities by developing and implementing human-centered products and services tailored to meet the basic needs of marginalized populations. By focusing on design, engineering, strategy, and education, they create life-enhancing solutions that empower individuals and improve overall community well-being. Through their conceptual design and implementation strategies, Catapult Design addresses critical challenges faced by these populations, fostering resilience and sustainable development. Their work not only provides immediate assistance but also promotes long-term growth and self-sufficiency, ultimately helping individuals thrive in their environments.




This information is meant to be a general summary of Catapult Design. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,042,804 (2023)
Expenses
$1,849,210 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,747
  • Program Service Revenue: $1,986,167
  • Gross Receipts: $2,042,804

Assets and Liabilities:

  • Total Assets: $1,568,454
  • Total Liabilities: $21,692
  • Net Assets: $1,546,762

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DESIGN SERVICES

Revenue

$1,986,167

Organization Details

Founding Year

2008

Principal Officer

Angela Hariche

NTEE Category

Code: S50 - Community improvement

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