Civic Intelligence

Catalyst Schools

990 • Fiscal year 2021 • EIN 20-4069346

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 18, 2022

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

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.48x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

34th percentile

4.9%

Higher net margin than 34% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

38th percentile

5.6%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

37th percentile

4.1%

Faster revenue growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$23,990,346

Up $1,265,485 (+5.6%) from 2020

Net Assets

Up

$12,399,242

Up $1,173,052 (+10%) from 2020

Liabilities

Up

$11,591,104

Up $92,433 (+0.8%) from 2020

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin34th percentile

Revenue

Up

$24,109,090

Up $958,722 (+4.1%) from 2020

Expenses

Up

$22,936,038

Up $649,111 (+2.9%) from 2020

Net Income

Up

$1,173,052

Up $309,611 (+36%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2021

Assets$23,990,346
Liabilities$11,591,104
Net Assets$12,399,242
Open 2021 Filing

Operations Trend

Revenue Growth37th 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

2021

Revenue$24,109,090
Expenses$22,936,038
Net Income$1,173,052
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 18, 2022
Return Version
2020v4.2
Gross Receipts
$24,109,090
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$17,337,113$17,570,090▲ $232,977
Cash and Non-Interest-Bearing Accounts$4,583,391$4,651,390▲ $67,999
Investments in Publicly Traded Securities$0$1,000,070▲ $1,000,070
Pledges and Grants Receivable$572,330$613,620▲ $41,290
Prepaid Expenses and Deferred Charges$232,027$155,176▼ $76,851
Total Assets$22,724,861$23,990,346▲ $1,265,485
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,346,744$9,201,938▼ $144,806
Accounts Payable and Accrued Expenses$1,354,252$2,359,301▲ $1,005,049
Unsecured Notes Loans Payable$767,965--
Deferred Revenue$29,710$29,865▲ $155
Total Liabilities$11,498,671$11,591,104▲ $92,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,210,940$12,378,992▲ $1,168,052
Net Assets With Donor Restrictions$15,250$20,250▲ $5,000
Total Net Assets Fund Balance$11,226,190$12,399,242▲ $1,173,052
Total Liabilities and Net Assets / Fund Balance$22,724,861$23,990,346▲ $1,265,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,313,982$2,781,509$17,095,491
Equipment$867,055$5,623,098$6,490,153
Land$1,969,855-$1,969,855
Leasehold Improvements$419,198$808,620$1,227,818
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gordon HannonCEOFT$181,412$50,668$232,080
Dawn SandovalHigh School PrincipalFT$146,819$34,373$181,192
Elizabeth A Jamison-DunnPrincipalFT$125,956$33,000$158,956
Edmund SiderewiczDirector of External Relations & MissionFT$120,240$33,831$154,071
Michael KasangDirector of AdministrationFT$114,853$20,905$135,758
Michele NunezDirector of Finance and ComplianceFT$117,725$12,783$130,508
Philip SmithDirector of OperationsFT$115,974$12,161$128,135

Board Members and Trustees

NameTitle
Catherine BurnsAcademic Committee Chair
Dr Colleen ReardonChairman
Yuan-Ying HsuFinance Committee Chair & Treasurer
Andrew JonesDirector
Ariel MurrayDirector
Claiborne WadeDirector
Kimberly HintonDirector
Larry WilliamsDirector
Monica SmithDirector
Rick HurdDirector
Steven BrownDirector
Steven D'SouzaDirector
Terrence TothDirector
Velia SotoDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Maria Kaupas CenterRestorative Justice Professional Service2740 W 68th St, Chicago, IL 60629$109,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,287,919
Program Service Revenue
$22,721,584
Investment Income
$8,116
Other Revenue
$91,471
All Other Contributions
$519,954
Change in Net Assets
$1,173,052

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 Table1$123,156Cost
Total Noncash Contributions1$123,156-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,109,090
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$195,725
Total Revenue per Audited Statements
$24,304,815
Total Revenue per Form 990
$24,109,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,513,416
Other Expenses$5,422,622
Total Fundraising Expense$21,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,327,078$557,583-$14,884,661
Other Employee Benefits$1,381,751$63,183-$1,444,934
Occupancy$1,082,023$512-$1,082,535
Depreciation Depletion$918,518--$918,518
Information Technology$709,867$22,994-$732,861
Payroll Taxes$411,657$22,647-$434,304
Current Officers, Directors, Trustees, and Key Employees$362,711$14,070-$376,781
Pension Plan Contributions$360,267$12,469-$372,736
Office Expenses$289,469$15,675-$305,144
Fees for Services Other$167,006$120,427-$287,433
Insurance$134,361--$134,361
Other Expenses$124,906$4,252-$129,158
Interest$123,156--$123,156
Fees for Services Accounting-$112,168-$112,168
All Other Expenses$46,578$4,459-$51,037
Fees for Services Legal-$32,546-$32,546
Advertising$925-$21,369$22,294
Total Functional Expenses$21,929,674$984,995$21,369$22,936,038

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,131,763
Expenses per Audited Statements$22,936,038
Total Expenses per Form 990$22,936,038
Expenses Not Reported on Form 990$195,725
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 35% controlled entity
No
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 the Finance Committee 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. Minutes are kept documenting the discussions setting officer compensation. 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
2022-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Hannon
Formed
2005
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
410
Volunteers
19

Preparer

Firm
Rsm US Llp
Address
6 S Patterson Blvd, Dayton, OH 45402
Preparer
Karen O Crim
Phone
9372980201
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, 2021 and 2020, 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% 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.”

Raw XML AppendixShowing 400 of 638 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/Form990PartVIISectionAGrp/PersonNm1Larry Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2Steven Brown
IRS990/Form990PartVIISectionAGrp/PersonNm3Catherine Burns
IRS990/Form990PartVIISectionAGrp/PersonNm4Steven D'Souza
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IRS990/Form990PartVIISectionAGrp/PersonNm6Yuan-Ying Hsu
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IRS990/Form990PartVIISectionAGrp/PersonNm10Velia Soto
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IRS990/Form990PartVIISectionAGrp/PersonNm14Gordon Hannon
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14192742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15117725
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16152619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17131756
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18131570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19114853
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20115974
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Academic Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Finance Committee Chair & Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director of Finance and Compliance
IRS990/Form990PartVIISectionAGrp/TitleTxt16High School Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt17Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt18Dir. of External Relations & Mission
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director of Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director of Operations
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IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0767965
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt024109090
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022994
IRS990/InformationTechnologyGrp/ProgramServicesAmt0709867
IRS990/InformationTechnologyGrp/TotalAmt0732861
IRS990/InsuranceGrp/ProgramServicesAmt0134361
IRS990/InsuranceGrp/TotalAmt0134361
IRS990/InterestGrp/ProgramServicesAmt0123156
IRS990/InterestGrp/TotalAmt0123156
IRS990/InvestmentIncomeGrp/ExclusionAmt08116
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08116
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01000070
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09213227
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017337113
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017570090
IRS990/LandBldgEquipCostOrOtherBssAmt026783317
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt091471
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt091471
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/BOYAmt09346744
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09201938
IRS990/NetAssetsOrFundBalancesBOYAmt011226190
IRS990/NetAssetsOrFundBalancesEOYAmt012399242
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011210940
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012378992
IRS990/NoncashContributionsAmt0123156
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0512
IRS990/OccupancyGrp/ProgramServicesAmt01082023
IRS990/OccupancyGrp/TotalAmt01082535
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015675
IRS990/OfficeExpensesGrp/ProgramServicesAmt0289469
IRS990/OfficeExpensesGrp/TotalAmt0305144
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt063183
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01381751
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01444934
IRS990/OtherExpensesGrp/Desc0Education Admin.
IRS990/OtherExpensesGrp/Desc1Student Services
IRS990/OtherExpensesGrp/Desc2Extra Curriculars
IRS990/OtherExpensesGrp/Desc3Professional Developmen
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14252
IRS990/OtherExpensesGrp/ProgramServicesAmt0907191
IRS990/OtherExpensesGrp/ProgramServicesAmt1353188
IRS990/OtherExpensesGrp/ProgramServicesAmt2229022
IRS990/OtherExpensesGrp/ProgramServicesAmt3124906
IRS990/OtherExpensesGrp/TotalAmt0909201
IRS990/OtherExpensesGrp/TotalAmt1353188
IRS990/OtherExpensesGrp/TotalAmt2229022
IRS990/OtherExpensesGrp/TotalAmt3129158
IRS990/OtherRevenueTotalAmt091471
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0557583
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014327078
IRS990/OtherSalariesAndWagesGrp/TotalAmt014884661
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022647
IRS990/PayrollTaxesGrp/ProgramServicesAmt0411657
IRS990/PayrollTaxesGrp/TotalAmt0434304
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012469
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0360267
IRS990/PensionPlanContributionsGrp/TotalAmt0372736
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0572330
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0613620
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0232027
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0155176
IRS990/PrincipalOfficerNm0Gordon Hannon
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Government Fees for Services
IRS990/ProgramServiceRevenueGrp/Desc1Student Fees
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022674656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146928
IRS990/ProgSrvcAccomActy2Grp/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 character 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 leased from a former private school which was purchased in fiscal year 2018. The school operates two classrooms at each grade level with approximately 28 students per class (56 students per grade).
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06906115
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06693250
IRS990/ProgSrvcAccomActy3Grp/Desc0The Kehrein Center for the Arts (Center) is an auditorium on the Catalyst Circle Rock campus and started operations in fiscal year 2020. The Center is used for student activities in addition to being available to the public for cultural activities.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0327952
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01519479
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054024
IRS990/PYOtherExpensesAmt05669427
IRS990/PYOtherRevenueAmt0122397
IRS990/PYProgramServiceRevenueAmt021454468
IRS990/PYRevenuesLessExpensesAmt0863441
IRS990/PYSalariesCompEmpBnftPaidAmt016617500
IRS990/PYTotalExpensesAmt022286927
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt023150368
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01173052
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016028334
IRS990ScheduleA/SchoolInd0X
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,990,346
Liabilities
$11,591,104
Net assets
$12,399,242
Revenue
$24,109,090
Expenses
$22,936,038
Net income
$1,173,052
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
2021Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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