Nonprofit · EIN 87-3662902
CATO NEONATAL INNOVATIONS INC
Tax-exempt · DELRAY BEACH, FL 33444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $79,773 | $311,441 | -$231,668 | $138,203 | $1,013 | $137,190 |
| December 31, 2024 | 990 | $481,221 | $373,827 | $107,394 | $370,069 | $5,335 | $364,734 |
| December 31, 2023 | 990 | $288,186 | $339,824 | -$51,638 | $268,156 | $8,316 | $259,840 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $21,000
- Program service revenue
- $2,665
- Investment income
- $6,108
- Other revenue
- $50,000
Expenses
- Grants and similar amounts paid
- $750
- Other salaries and wages
- $68,500
- Salaries, compensation and benefits (total)
- $73,935
- Professional fundraising fees
- $0
- Legal fees
- $1,003
- Accounting fees
- $8,097
- Occupancy
- $14,180
- Travel
- $10,496
- Depreciation
- $567
- Program services (functional)
- $224,716
- Management and general (functional)
- $86,725
Balance sheet and other
- Total assets, start of year
- $370,069
- Total assets, end of year
- $138,203
- Total liabilities, end of year
- $1,013
- Net assets, end of year
- $137,190
- Land, buildings and equipment
- $614
- Gross unrelated business income
- $50,000
- Gross receipts
- $79,773
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2021
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN COURCHIA | PRESIDENT Trustee or director, Officer | 20 | $15,000 |
| LORA DAPHNA YASOVA BARBEAU | SECRETARY Trustee or director, Officer | 20 | $15,000 |
| RUNE TOMS | TREASURER Trustee or director, Officer | 5 | $2,500 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN COURCHIA | PRESIDENT Trustee or director, Officer | 1 | $18,800 |
| LORA DAPHNA YASOVA BARBEAU | SECRETARY Trustee or director, Officer | 1 | $18,800 |
| RUNE TOMS | TREASURER Trustee or director, Officer | 1 | $6,000 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN COURCHIA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LORA DAPHNA YASOVA BARBEAU | SECRETARY Trustee or director, Officer | 1 | $0 |
| RUNE TOMS | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 303 NW 18TH ST, DELRAY BEACH, FL 33444-3128
- Mailing address (990-N for 2021)
- 303 NW 18TH STREET, DELRAY BEACH FL 33444
- Principal officer (990 for 2025)
- BENJAMIN COURCHIA, 303 NW 18TH STREET, DELRAY BEACH, FL 33444
- Principal officer (990-N for 2021)
- BENJAMIN COURCHIA, 303 NW 18TH STREET, DELRAY BEACH FL 33444
- Signed the 990
- BENJAMIN COURCHIA, PRESIDENT
- Phone
- (786) 909-3173
- Website
- WWW.THE-INCUBATOR.ORG
- Return prepared by
- BMSS LLC
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 AND INTERNATIONAL 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.
Program accomplishments
- THE PODCASTS: CATO NEONATAL INNOVATION SUPPORTS THE PRODUCTION AND GROWTH OF MULTIPLE FREE EDUCATIONAL PODCAST SERIES IN NEONATOLOGY AIMED AT GLOBAL AUDIENCES. THESE INCLUDE INTERNATIONAL EDITIONS OF THE INCUBATOR PODCAST IN SPANISH, PORTUGUESE, FRENCH, FARSI, AND AN INDIA FOCUSED EDITION, EACH DESIGNED TO BRING HIGH QUALITY NEONATAL EDUCATION TO NON ENGLISH SPEAKING CLINICIANS WORLDWIDE. CATO ALSO SUPPORTS SPECIALTY SERIES INCLUDING AT THE BENCH, RUPA FELLOWS FRIDAY, BEYOND THE BEEPS, AND THE GLOBAL NEONATAL PODCAST. THESE SHOWS SERVE NEONATALAND PEDIATRIC TRAINEES AND PRACTITIONERS ACROSS THE WORLD AND ARE OFFERED FREE OF CHARGE AS PART OF CATO'S EDUCATIONAL MISSION. CONSULTING FEES ARE PAID TO DR. BENJAMIN COURCHIA, DR. DAPHNA BARBEAU, AND DR. RUNE TOMS TO SUPPORT THE DEVELOPMENT AND PRODUCTION OF THESE SERIES.Expenses $194,440 · revenue $2,521
- THE DELPHI NEONATAL INNOVATION CONFERENCE: CATO NEONATAL INNOVATION CO-ORGANIZED THE DELPHI NEONATAL INNOVATION CONFERENCE IN COLLABORATION WITH ENSO NEONATAL INNOVATIONS LLC. 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. THE CONFERENCE FEATURES TEDX FORMAT TALKS, INTERACTIVE SESSIONS, AND OPPORTUNITIES FOR COLLABORATION AMONG NEONATAL CLINICIANS, RESEARCHERS, AND INNOVATORS FROM AROUND THE WORLD. CATO'S PARTICIPATION REFLECTS ITS ONGOING COMMITMENT TO ADVANCING NEONATAL EDUCATION AND FOSTERING A COMMUNITY OF INNOVATION IN THE FIELD.Expenses $30,276 · grants $750 · revenue $144
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3662902
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U20)
- Assets (IRS master file)
- $138,203
- Income (IRS master file)
- $79,773
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $79,773 | $311,441 | $138,203 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $481,221 | $373,827 | $370,069 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $288,186 | $339,824 | $268,156 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $479,588 | $158,241 | $317,772 | IRS |
| 990-N for 2021 Officer: BENJAMIN COURCHIA | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3662902).
Questions about CATO NEONATAL INNOVATIONS INC
- What is the EIN of CATO NEONATAL INNOVATIONS INC?
- The employer identification number (EIN) of CATO NEONATAL INNOVATIONS INC is 87-3662902.
- Is CATO NEONATAL INNOVATIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CATO NEONATAL INNOVATIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CATO NEONATAL INNOVATIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CATO NEONATAL INNOVATIONS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CATO NEONATAL INNOVATIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CATO NEONATAL INNOVATIONS INC?
- The 990 for the year ended December 31, 2025 names BENJAMIN COURCHIA.
- Who are the officers and directors of CATO NEONATAL INNOVATIONS INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $15,000 (BENJAMIN COURCHIA, PRESIDENT).
- How much revenue does CATO NEONATAL INNOVATIONS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $79,773, expenses of $311,441 and total assets of $138,203 at year end.
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