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Nonprofiteer
← CATO NEONATAL INNOVATIONS INC

Form 990 for tax year 2024

Filed by CATO NEONATAL INNOVATIONS INC.

Totals

Total revenue
$481,221
Total expenses
$373,827
Contributions and grants received
$308,676
Grants paid
$5,788
Program service revenue
$100,745
Investment income
$0
Other revenue
$71,800
Total assets, end of year
$370,069
Total liabilities, end of year
$5,335
Net assets or fund balances, end of year
$364,734
Program services expenses (Part IX)
$256,880
Management and general expenses
$116,947
Fundraising expenses
$0
Program service expenses (Part III)
$256,880

Program services were 68.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $308,676

  • 2a · Program service revenue: PODCAST SUBSCRIPTIONS

    total $76,539 · related or exempt $76,539

  • 2b · Program service revenue: DELPHI TICKET SALES

    total $24,206 · related or exempt $24,206

  • 11a · Other revenue: ADVERTISING INCOME

    total $71,800 · related or exempt $37,933 · unrelated business $33,867

  • 11e · Other revenue, total

    $71,800

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,788 · program services $5,788

  • 7 · Other salaries and wages

    total $65,600 · management and general $65,600

  • 10 · Payroll taxes

    total $10,874 · management and general $10,874

  • 11b · Fees: legal

    total $717 · management and general $717

  • 11c · Fees: accounting

    total $10,931 · management and general $10,931

  • 11g · Fees: other

    total $28,448 · program services $3,147 · management and general $25,301

  • 12 · Advertising and promotion

    total $652 · program services $652

  • 13 · Office expenses

    total $39,105 · program services $36,272 · management and general $2,833

  • 16 · Occupancy

    total $18,184 · program services $18,184

  • 17 · Travel

    total $17,251 · program services $17,251

  • 19 · Conferences, conventions and meetings

    total $165,646 · program services $165,646

  • 20 · Interest

    total $23 · management and general $23

  • 22 · Depreciation, depletion and amortization

    total $567 · management and general $567

  • 24a · Other expenses: SUPPLIES

    total $8,510 · program services $8,510

  • 24b · Other expenses: MEALS

    total $1,430 · program services $1,430

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $101 · management and general $101

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $83,909 · end of year $178,889

  • 4 · Accounts receivable

    beginning of year $2,500 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $2,834

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,654

  • 10c · Land, buildings and equipment, net

    beginning of year $1,747 · end of year $1,180

  • 12 · Investments: other securities

    beginning of year $180,000 · end of year $190,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,316 · end of year $5,335

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $259,840 · end of year $364,734

Mission and programs · 2024

Mission

CATO NEONATAL INNOVATIONS INC IS DEDICATED TO IMPROVING THE QUALITY OF NEONATAL CARE WORLDWIDE BY PROVIDING EVIDENCE-BASED MEDICAL EDUCATION TO HEALTHCARE PROVIDERS. OUR MISSION IS TO MAKE THESE PRACTICES ACCESSIBLE TO THE LARGEST NUMBER OF INDIVIDUALS GLOBALLY. THROUGH OUR PODCASTS ANDINTERNATIONAL CONFERENCES. WE STRIVE TO CREATE ACOMMUNITY OF KNOWLEDGEABLE AND PASSIONATE NEONATAL CAREGIVERS EMPOWERED TO PROVIDE THE BEST POSSIBLE CARE TO THEIR PATIENTS. WE ARE COMMITTED TO MAKING A POSITIVE IMPACT ON THE HEALTH AND WELL-BEING OF NEONATES AND THEIR FAMILIES.

  • THE PODCASTS: THE INCUBATOR IS A WEEKLY PODCAST THAT DISCUSSES NEW INNOVATIONS IN NEWBORN INTENSIVE CARE AND FEATURES THE INDIVIDUALS AT THE CENTER OF THIS PROGRESS. THE PODCAST HAS GROWN SINCE ITS INCEPTION TO NOW INCLUDE OTHER PODCASTS, SPECIFICALLY FOUR ADDITIONAL VERSIONS OF THE SHOW IN OTHER LANGUAGES AND A DEDICATED SHOW FOR NEONATAL AND PEDIATRIC TRAINEES. THE INCUBATOR IS PROUD TO BE RANKED AMONG THE TOP 50 MEDICAL PODCAST IN THE US AND COUNT OVER 5,000 LISTENERS/WEEK FROM ALL AROUND THE WORLD

    Expenses $78,370 · Revenue $76,539

  • THE DELPHI NEONATAL INNOVATION CONFERENCE: THE DELPHI CONFERENCE IS AN ANNUAL MEETING THAT FOCUSES ON THE LATEST INNOVATIVE THINKING IN MEDICINE AND MORE SPECIFICALLY NEONATAL CARE. DELPHI AIMS TO CREATE A FORUM WHERE NOVEL IDEAS CAN BE SHARED BY LIKE-MINDED INDIVIDUALS TO SPARK INNOVATIVE THINKING IN NEONATOLOGY. MEMBERS OF THE DELPHI COMMUNITY ARE WHAT STEVE JOBS REFERRED TO AS THE ONES WHO SEE THINGS DIFFERENTLY. WE HOPE THIS FORUM CAN BECOME THE PLACE WHERE INNOVATIVE MINDS CAN EXCHANGE THOUGHTS AND IDEAS ABOUT THE PATH OUR FIELD WILL TAKE IN THE NEAR FUTURE

    Expenses $167,595 · Revenue $24,206

  • CREATION OF MOBILE APPLICATIONS FOR PHYSICIANS: THE CATO TEAM IS PROUD TO HAVE CREATED THE NICUDIET APP TO HELP CLINICIANS IN THE NICU CALCULATE CALORIES AND ELECTROLYTE CONTENT OF FEEDING REGIMENS. THIS APP IS ALREADY AVAILABLE FOR DOWNLOAD ON THE IOS AND ANDROID APP STORES. WE ARE CURRENTLY WORKING ON A NEW APP DEDICATED TO SOCIAL INTERACTIONS BETWEEN HEALTHCARE PROVIDERS IN A HIPAA CO

    Expenses $5,788 · Grants $5,788

  • THE NICU A LIFE IN BETWEEN

    Expenses $5,127

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Benjamin Courchia

    PRESIDENT

    Total calculated
    $18,800
    From this org
    $18,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Lora Daphna Yasova Barbeau

    SECRETARY

    Total calculated
    $18,800
    From this org
    $18,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Rune Toms

    TREASURER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
19 March 2025
IRS schema version
2024v5.0
Source object
202500789349300635

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