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Cato Neonatal Innovations Inc

EIN 87-3662902 · Delray Beach, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceFair51 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$79,773
Spending
$311,441
Spent on programs
72%
Reserves
5.3 months of spending
Largest source of income
other income, 63%
Employees
5
Volunteers
0
Highest pay
$15,000, president

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 22% of charities in its peer group (science, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.3 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 290% of income.

  • Income trend

    0 of 15

    Income fell 83% on the year before.

  • Spending floor

    15 of 15

    72% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 51 out of 100. Higher than 35% of charities in its peer group (science, under $250k).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $194,440 spent. 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.
  2. $30,276 spent. 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.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

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