Civic Intelligence

Catalyst Schools

990 • Fiscal year 2018 • EIN 20-4069346

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 28, 2019

Organization Profilewww.catalystschools.org

View Organization Page

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6727 S California AveChicago, IL 60629

(773) 295-7001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.46x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.43x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

9.8%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$20,749,259

Up $3,238,564 (+18%) from 2017

Net Assets

Up

$11,277,292

Up $3,370,516 (+43%) from 2017

Liabilities

Down

$9,471,967

Down $131,952 (-1.4%) from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin74th percentile

Revenue

Up

$21,873,671

Up $1,956,262 (+9.8%) from 2017

Expenses

Down

$18,503,155

Down $874,939 (-4.5%) from 2017

Net Income

Up

$3,370,516

Up $2,831,201 (+525%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $2,628,676Liabilities 2011: $637,473Net Assets 2011: $1,991,2032011Assets 2012: $10,109,012Liabilities 2012: $7,873,699Net Assets 2012: $2,235,3132012Assets 2013: $14,548,494Liabilities 2013: $8,603,657Net Assets 2013: $5,944,8372013Assets 2014: $15,570,074Liabilities 2014: $9,371,663Net Assets 2014: $6,198,4112014Assets 2015: $14,906,345Liabilities 2015: $8,421,091Net Assets 2015: $6,485,2542015Assets 2016: $15,152,329Liabilities 2016: $7,784,868Net Assets 2016: $7,367,4612016Assets 2017: $17,510,695Liabilities 2017: $9,603,919Net Assets 2017: $7,906,7762017Assets 2018: $20,749,259Liabilities 2018: $9,471,967Net Assets 2018: $11,277,2922018Assets 2019: $22,259,296Liabilities 2019: $11,896,547Net Assets 2019: $10,362,7492019Assets 2020: $22,724,861Liabilities 2020: $11,498,671Net Assets 2020: $11,226,1902020Assets 2021: $23,990,346Liabilities 2021: $11,591,104Net Assets 2021: $12,399,2422021Assets 2022: $24,090,259Liabilities 2022: $11,238,798Net Assets 2022: $12,851,4612022Assets 2023: $23,138,451Liabilities 2023: $10,435,302Net Assets 2023: $12,703,1492023

Highlighted filing

2018

Assets$20,749,259
Liabilities$9,471,967
Net Assets$11,277,292
Open 2018 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $8,762,916Expenses 2011: $8,301,855Net Income 2011: $461,0612011Expenses 2012: $9,026,6102012Expenses 2013: $14,825,5632013Revenue 2014: $19,615,643Expenses 2014: $19,362,069Net Income 2014: $253,5742014Revenue 2015: $23,695,283Expenses 2015: $23,408,440Net Income 2015: $286,8432015Revenue 2016: $20,179,332Expenses 2016: $19,297,125Net Income 2016: $882,2072016Revenue 2017: $19,917,409Expenses 2017: $19,378,094Net Income 2017: $539,3152017Revenue 2018: $21,873,671Expenses 2018: $18,503,155Net Income 2018: $3,370,5162018Revenue 2019: $21,699,792Expenses 2019: $22,614,335Net Income 2019: -$914,5432019Revenue 2020: $23,150,368Expenses 2020: $22,286,927Net Income 2020: $863,4412020Revenue 2021: $24,109,090Expenses 2021: $22,936,038Net Income 2021: $1,173,0522021Revenue 2022: $27,796,322Expenses 2022: $27,344,103Net Income 2022: $452,2192022Revenue 2023: $28,916,993Expenses 2023: $29,473,679Net Income 2023: -$556,6862023

Highlighted filing

2018

Revenue$21,873,671
Expenses$18,503,155
Net Income$3,370,516
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 28, 2019
Return Version
2017v2.3
Gross Receipts
$21,892,212
Mission and Program Overview

Mission

Catalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,337,191$13,195,311▲ $858,120
Cash and Non-Interest-Bearing Accounts$3,879,270$6,102,286▲ $2,223,016
Pledges and Grants Receivable$1,276,874$1,231,890▼ $44,984
Prepaid Expenses and Deferred Charges$13,000$215,585▲ $202,585
Savings and Temporary Cash Investments$4,360$4,187▼ $173
Total Assets$17,510,695$20,749,259▲ $3,238,564
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,962,645$7,914,292▼ $48,353
Accounts Payable and Accrued Expenses$1,548,038$1,486,899▼ $61,139
Deferred Revenue$93,236$70,776▼ $22,460
Total Liabilities$9,603,919$9,471,967▼ $131,952
Net Assets / Fund Balance
Unrestricted Net Assets$7,906,776$9,874,260▲ $1,967,484
Temporarily Rstr Net Assets-$1,403,032-
Total Net Assets Fund Balance$7,906,776$11,277,292▲ $3,370,516
Total Liabilities and Net Assets / Fund Balance$17,510,695$20,749,259▲ $3,238,564

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,022,833$1,491,857$11,514,690
Equipment$137,207$4,855,591$4,992,798
Land$1,969,855-$1,969,855
Leasehold Improvements$617,167$610,651$1,227,818
Other Land Buildings$448,249-$448,249
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gordon HannonCEOFT$162,189$45,574$207,763
Dawn SandovalHigh School PrincipalFT$129,128$26,789$155,917
Elizabeth A Jamison-DunnPrincipalFT$115,895$25,304$141,199
Iyuna HarrisDirector of Special EducationFT$103,726$28,823$132,549
Jasmia FowlerPrincipalFT$108,775$20,188$128,963
LeAnne WagnerDirector of Instructional Tech.FT$101,479$11,420$112,899
Michele NunezDirector of Finance and ComplianceFT$97,225$11,857$109,082

Board Members and Trustees

NameTitle
Dr Colleen ReardonChairman
Larry WilliamsVice Chair
Andrew JonesDirector
Beth Hostetler SandonDirector
Catherine Burns RichDirector
James MendelsonDirector
Rick HurdDirector
Steven D'SouzaDirector
Terrence TothDirector
Yuan-Ying HsuDirector
Steven BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter Substitute Teacher NetworkSubstitute Teaching Services73 W Monroe St, Chicago, IL 60603$157,560
Revenue and Support

Revenue Composition

Contributions and Grants
$2,525,379
Program Service Revenue
$19,214,090
Investment Income
$8,093
Other Revenue
$126,109
All Other Contributions
$2,483,179
Change in Net Assets
$3,370,516

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$154,440Cost
Total Noncash Contributions2$154,440-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,892,212
Revenue Not Reported on Financial Statements
$-18,541
Revenue Not Reported on Form 990
$433,765
Other Revenue Adjustments
$-18,541
Total Revenue per Audited Statements
$22,325,977
Total Revenue per Form 990
$21,873,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,144,116
Other Expenses$4,359,039
Total Fundraising Expense$43,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,819,922$516,887-$12,336,809
Occupancy$980,114-$23,062$1,003,176
Other Employee Benefits$838,059$36,649-$874,708
Information Technology$644,209$1,555-$645,764
Depreciation Depletion$539,581$2,301-$541,882
Payroll Taxes$320,961$14,036-$334,997
Current Officers, Directors, Trustees, and Key Employees$303,958$13,292-$317,250
Pension Plan Contributions$268,606$11,746-$280,352
Office Expenses$224,204$19,659-$243,863
Fees for Services Other$119,217$86,181-$205,398
Interest$154,440--$154,440
Fees for Services Accounting-$109,035-$109,035
Insurance$102,141--$102,141
Other Expenses$77,891$50,110-$77,891
All Other Expenses$66,332$4,313-$70,645
Fees for Services Legal-$26,609-$26,609
Advertising$806-$19,949$20,755
Total Functional Expenses$17,567,414$892,730$43,011$18,503,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,955,461
Expenses per Audited Statements$18,503,155
Total Expenses per Form 990$18,503,155
Expenses Not Reported on Form 990$452,306
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,541
Fundraising Gross Income$3,985
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Education Celebration$46,185$3,985$2,553$1,432
Total Events$46,185$3,985$18,541$-14,556
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“Form 990 is reviewed by the Treasurer and all members of the Board prior to filing.”

Form 990, Part VI, Section B, line 12C

“The Catalyst Board Manual and Catalyst Employee Handbook addresses the Board members/employees responsibilities to raise any possible conflict of interest. The Catalyst Code of Ethics, Conflict of Interest, and Whistleblower policies are acknowledged annually by employees and Board members.”

Form 990, Part VI, Section B, line 15

“The compensation of the CEO and other officers is reviewed by the Board annually. Comparability data is reviewed for all employees. All compensation is ultimately reviewed by the Board as part of the annual budget process. A Board vote is taken on the approval of the annual budget, which is documented on the finance committee board minutes and posted on Catalyst Schools' website.”

Form 990, Part VI, Section C, line 19

“The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Catalyst Schools
EIN
20-4069346
Phone
7732957001
Address
6727 S California Ave, Chicago, IL 60629

Signing Officer

Name
Gordon Hannon
Title
CEO
Phone
7732957001
Signed
2019-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Hannon
Formed
2005
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
395
Volunteers
25

Preparer

Firm
Rsm US Llp
Address
1 S WACKER DRIVE STE 800, CHICAGO, IL 60606
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Catalyst is organized exclusively for charitable, educational and religious purposes and is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. Net unrelated business income for the years ended June 30, 2018 and 2017, was not significant. Catalyst follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Catalyst may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Catalyst and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Catalyst files forms 990 in the U.S. federal jurisdiction.”

Part XI, Line 4B - Other Adjustments:

“Fundraising Event Expenses -18,541.”

Part XII, Line 2D - Other Adjustments:

“Fundraising Event Expenses 18,541.”

Raw XML AppendixShowing 400 of 600 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Catalyst Schools partner with urban communities to offer college-preparatory K-12 education. Each child is given a rigorous academic program suited to his or her needs. In addition, Catalyst helps each child develop positive leadership traits that will help him or her be an asset and change agent in the community. Catalyst's goal is to provide a quality educational choice to families who experience the effects of economic difficulty and who have not been adequately served by existing educational institutions so their children will ultimately graduate from college. Catalyst has two campuses.Circle Rock Elementary School is a Kindergarten through 8th grade school, in the Austin neighborhood and opened in fall 2007, in a building that was purchased in fiscal year 2017. The school operates two classrooms at each grade level with approximately 520 students enrolled.Catalyst Maria Charter School is a Kindergarten through 12th grade school in the Chicago Lawn neighborhood. The Catalyst Maria Charter School enrolls 1,100 students. The building is owned and operated by the Catalyst Schools. The school has approximately 540 Kindergarten through 8th students and approximately 560 9th - 12th grade students.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Larry Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2Steven Brown
IRS990/Form990PartVIISectionAGrp/PersonNm3Andrew Jones
IRS990/Form990PartVIISectionAGrp/PersonNm4Beth Hostetler Sandon
IRS990/Form990PartVIISectionAGrp/PersonNm5Catherine Burns Rich
IRS990/Form990PartVIISectionAGrp/PersonNm6Terrence Toth
IRS990/Form990PartVIISectionAGrp/PersonNm7James Mendelson
IRS990/Form990PartVIISectionAGrp/PersonNm8Steven D'Souza
IRS990/Form990PartVIISectionAGrp/PersonNm9Rick Hurd
IRS990/Form990PartVIISectionAGrp/PersonNm10Yuan-Ying Hsu
IRS990/Form990PartVIISectionAGrp/PersonNm11Gordon Hannon
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11172639
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1297225
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13130428
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14108775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15101479
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16103726
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17115895
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director of Finance and Compliance
IRS990/Form990PartVIISectionAGrp/TitleTxt13High School Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt14Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director of Instructional Tech.
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director of Special Education
IRS990/Form990PartVIISectionAGrp/TitleTxt17Principal
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IRS990/Form990TFiledInd01
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt042200
IRS990/FundraisingDirectExpensesAmt018541
IRS990/FundraisingGrossIncomeAmt03985
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt021892212
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01555
IRS990/InformationTechnologyGrp/ProgramServicesAmt0644209
IRS990/InformationTechnologyGrp/TotalAmt0645764
IRS990/InsuranceGrp/ProgramServicesAmt0102141
IRS990/InsuranceGrp/TotalAmt0102141
IRS990/InterestGrp/ProgramServicesAmt0154440
IRS990/InterestGrp/TotalAmt0154440
IRS990/InvestmentIncomeGrp/ExclusionAmt08093
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08093
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06958099
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012337191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013195311
IRS990/LandBldgEquipCostOrOtherBssAmt020153410
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt027436
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt027436
IRS990/MissionDesc0Catalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07962645
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07914292
IRS990/NetAssetsOrFundBalancesBOYAmt07906776
IRS990/NetAssetsOrFundBalancesEOYAmt011277292
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-14556
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-14556
IRS990/NetUnrelatedBusTxblIncmAmt021430
IRS990/NoncashContributionsAmt0154440
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt023062
IRS990/OccupancyGrp/ProgramServicesAmt0980114
IRS990/OccupancyGrp/TotalAmt01003176
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019659
IRS990/OfficeExpensesGrp/ProgramServicesAmt0224204
IRS990/OfficeExpensesGrp/TotalAmt0243863
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036649
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0838059
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0874708
IRS990/OtherExpensesGrp/Desc0Education Admin.
IRS990/OtherExpensesGrp/Desc1Extra Curriculars
IRS990/OtherExpensesGrp/Desc2Professional Developmen
IRS990/OtherExpensesGrp/Desc3Student Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1327
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt250110
IRS990/OtherExpensesGrp/ProgramServicesAmt0502666
IRS990/OtherExpensesGrp/ProgramServicesAmt1367995
IRS990/OtherExpensesGrp/ProgramServicesAmt2236312
IRS990/OtherExpensesGrp/ProgramServicesAmt377891
IRS990/OtherExpensesGrp/TotalAmt0502696
IRS990/OtherExpensesGrp/TotalAmt1368322
IRS990/OtherExpensesGrp/TotalAmt2286422
IRS990/OtherExpensesGrp/TotalAmt377891
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Building Insurance Claim
IRS990/OtherRevenueMiscGrp/ExclusionAmt0113229
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0113229
IRS990/OtherRevenueTotalAmt0140665
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0516887
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt011819922
IRS990/OtherSalariesAndWagesGrp/TotalAmt012336809
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014036
IRS990/PayrollTaxesGrp/ProgramServicesAmt0320961
IRS990/PayrollTaxesGrp/TotalAmt0334997
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011746
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0268606
IRS990/PensionPlanContributionsGrp/TotalAmt0280352
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01276874
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01231890
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0215585
IRS990/PrincipalOfficerNm0Gordon Hannon
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Government Fees for Services
IRS990/ProgramServiceRevenueGrp/Desc1Student Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018702847
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1511243
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018702847
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1511243
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0697049
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0447
IRS990/PYOtherExpensesAmt05586119
IRS990/PYOtherRevenueAmt0741503
IRS990/PYProgramServiceRevenueAmt018478410
IRS990/PYRevenuesLessExpensesAmt0539315
IRS990/PYSalariesCompEmpBnftPaidAmt013791975
IRS990/PYTotalExpensesAmt019378094
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019917409
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03370516
IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019214090
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04360
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04187
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt010022833
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01491857
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011514690
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0433765
IRS990ScheduleD/DonatedServicesUseFcltsAmt0433765
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137207
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04855591
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04992798
IRS990ScheduleD/ExpensesNotReportedAmt0452306
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt018503155
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01969855
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01969855
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0617167
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0610651
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01227818
IRS990ScheduleD/OtherExpensesIncludedAmt018541
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0448249
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0448249
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-18541
IRS990ScheduleD/RevenueNotReportedAmt0433765
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-18541
IRS990ScheduleD/RevenueSubtotalAmt021892212
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Catalyst is organized exclusively for charitable, educational and religious purposes and is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. Net unrelated business income for the years ended June 30, 2018 and 2017, was not significant. Catalyst follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Catalyst may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Catalyst and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Catalyst files forms 990 in the U.S. federal jurisdiction.

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,749,259
Liabilities
$9,471,967
Net assets
$11,277,292
Revenue
$21,873,671
Expenses
$18,503,155
Net income
$3,370,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$23.1$10.4$12.7$28.9$29.5$0.56
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$11.2$12.9$27.8$27.3$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$11.6$12.4$24.1$22.9$1.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$11.5$11.2$23.2$22.3$0.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$11.9$10.4$21.7$22.6$0.91
2018Detailed filing. Detailed filing data is available for this year.$20.7$9.47$11.3$21.9$18.5$3.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$9.60$7.91$19.9$19.4$0.54
2016Detailed filing. Detailed filing data is available for this year.$15.2$7.78$7.37$20.2$19.3$0.88
2015Detailed filing. Detailed filing data is available for this year.$14.9$8.42$6.49$23.7$23.4$0.29
2014Detailed filing. Detailed filing data is available for this year.$15.6$9.37$6.20$19.6$19.4$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$8.60$5.94$14.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$7.87$2.24$9.03
2011Summary only. Only limited summary data is available for this year.$2.63$0.64$1.99$8.76$8.30$0.46