Civic Intelligence

Catalyst Global

990 • Fiscal year 2018 • EIN 46-3226871

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

701 Palomar Airport RoadCarlsbad, CA 92011

(858) 314-4025

Siviq Scores

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

Liabilities / Assets

76th percentile

0.39x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

96th percentile

$371,770

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

6.4%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,668,857

Flat from 2018

Net Assets

Flat

$1,023,567

Flat from 2018

Liabilities

Flat

$645,290

Flat from 2018

Revenue

Flat

$4,593,281

Flat from 2018

Expenses

Flat

$3,841,690

Flat from 2018

Net Income

Flat

$751,591

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $1,665,165Liabilities 2017: $1,393,189Net Assets 2017: $271,9762017Assets 2018: $1,668,857Liabilities 2018: $645,290Net Assets 2018: $1,023,5672018Assets 2018: $1,668,857Liabilities 2018: $645,290Net Assets 2018: $1,023,5672018Assets 2019: $2,158,512Liabilities 2019: $438,332Net Assets 2019: $1,720,1802019Assets 2020: $2,262,556Liabilities 2020: $422,735Net Assets 2020: $1,839,8212020Assets 2021: $2,144,515Liabilities 2021: $533,071Net Assets 2021: $1,611,4442021Assets 2022: $1,587,051Liabilities 2022: $451,481Net Assets 2022: $1,135,5702022Assets 2023: $582,950Liabilities 2023: $85,385Net Assets 2023: $497,5652023

Highlighted filing

2018

Assets$1,668,857
Liabilities$645,290
Net Assets$1,023,567

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $4,316,137Expenses 2017: $4,109,932Net Income 2017: $206,2052017Revenue 2018: $4,593,281Expenses 2018: $3,841,690Net Income 2018: $751,5912018Revenue 2018: $4,593,281Expenses 2018: $3,841,690Net Income 2018: $751,5912018Revenue 2019: $3,449,389Expenses 2019: $2,752,776Net Income 2019: $696,6132019Revenue 2020: $2,882,300Expenses 2020: $2,762,659Net Income 2020: $119,6412020Revenue 2021: $2,918,913Expenses 2021: $3,147,290Net Income 2021: -$228,3772021Revenue 2022: $3,162,763Expenses 2022: $3,638,637Net Income 2022: -$475,8742022Revenue 2023: $2,074,009Expenses 2023: $2,712,014Net Income 2023: -$638,0052023

Highlighted filing

2018

Revenue$4,593,281
Expenses$3,841,690
Net Income$751,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$4,593,281
Mission and Program Overview

Mission

Catalyst Global (formerly known as WCG Cares) is an international non-profit organization committed to increasing access to innovative, high-quality, affordable sexual and reproductive health products and services to facilitate the vibrant health, well-being, and future of girls and women. Catalyst Globals credentials in product introduction have made it a preferred partner of organizations looking to move products from laboratories and manufacturing plants to the women who need them. Catalyst Global excels at forming strategic partnerships to introduce and create access to new contraceptive methods around the world. Catalyst Globals quality and regulatory departments are experienced in the global registration of drugs and devices, and in aiding manufacturers to improve their processes to meet international best practices. We create options for women when it comes to their reproductive health - no matter where they live.

empowering, educating and enabling women and girls to make informed choices and access critical reproductive health products and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$609,252$1,373,398▲ $764,146
Pledges and Grants Receivable$1,040,078$253,885▼ $786,193
Prepaid Expenses and Deferred Charges$15,835$21,413▲ $5,578
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,665,165$1,668,857▲ $3,692
Other Assets Total-$20,161-
Liabilities
Accounts Payable and Accrued Expenses$1,346,966$339,543▼ $1,007,423
Other Liabilities-$258,794-
Deferred Revenue$46,223$46,953▲ $730
Total Liabilities$1,393,189$645,290▼ $747,899
Net Assets / Fund Balance
Unrestricted Net Assets$271,976$1,023,567▲ $751,591
Total Net Assets Fund Balance$271,976$1,023,567▲ $751,591
Total Liabilities and Net Assets / Fund Balance$1,665,165$1,668,857▲ $3,692
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon BledsoeExecutive DirectorFT$260,082$111,688$371,770
Wilberto RoblesSr. DirectorFT$174,031$50,865$224,896
Erica ChavinTreasurerFT$81,938$14,871$96,809

Board Members and Trustees

NameTitle
James Trussel Thru 122618chairperson
Saundra Pelletierchairperson
Jill SheffieldDirector
Justin Filethru 52218CFO/treasurer
Ellen ThomasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,521,499
Program Service Revenue
$71,732
Investment Income
$0
Other Revenue
$50
All Other Contributions
$2,276,193
Change in Net Assets
$751,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,593,281
Total Revenue per Audited Statements
$4,593,281
Total Revenue per Form 990
$4,593,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,032,167
Salaries, Compensation, and Employee Benefits$1,809,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$936,017$253,349-$1,189,366
Current Officers, Directors, Trustees, and Key Employees$324,884$121,926-$446,810
Fees for Services Other$378,955$26,707-$405,662
Travel$155,705$23,401-$179,106
Occupancy$131,979$32,995-$164,974
Information Technology$66,027$16,158-$82,185
Other Employee Benefits$64,612$16,389-$81,001
Payroll Taxes$50,618$14,293-$64,911
Office Expenses$39,504$7,049-$46,553
Fees for Services Accounting-$35,431-$35,431
Pension Plan Contributions$21,394$6,041-$27,435
Insurance$21,629$5,407-$27,036
Fees for Services Legal$1,180$25,493-$26,673
Other Expenses$5,271$1,318-$6,589
Total Functional Expenses$3,222,044$619,646$0$3,841,690

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,841,690
Total Expenses per Audited Statements$3,841,690
Total Expenses per Form 990$3,841,690
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Expenses$258,794
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
No
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, Line 11B: Form 990 Review Process

The Form 990 will be reviewed by the Executive Director, Finance Director and Board of Directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

WCG Cares regularly and consistently monitors and enforces these policies in accordance with written procedures. Duty to Disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and/or the members of appropriate committees with Board delegated powers, if any, considering the proposed transaction or arrangement.3.2 Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists.3.3 Procedures for Addressing the Conflict of Interest3.3.1 An interested person may make a presentation at the Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.3.3.2 The chairperson of the Board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.3.3.3 After exercising due diligence, the Board or committee shall determine whether WCG Cares can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.3.3.4 If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in WCG Cares best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Directors compensation was decided based upon similar levels of compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

WCG Cares makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wcg Cares
EIN
46-3226871
Phone
8583144025
Address
701 Palomar Airport Road, CARLSBAD, CA 92011

Signing Officer

Name
Shannon Bledsoe
Title
Executive Director
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Bledsoe
Formed
2013
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
9

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108-3820
Preparer
Julie a Firl
Phone
6192947200
Supplemental Narrative

Additional Explanations

Transactions with Affiliated Entities:

WomanCare Global International (WCGI), a registered charity with the Charity Commission for England and Wales made contributions to WCG totaling $1,000,000 for the year ended December 31, 2018. WCG paid WCGI for office facilities and operational support services totaling $480,269 for the year ended December 31, 2018. Certain officers and directors of WCGI were officers and directors of WCG during 2018.WCG paid WCG Trading, Inc. for office facilities and operational support totaling $277,725 for the year ended December 31, 2018. WCG Trading, Inc. is a subsidiary of WCGI.Evofem Biosciences, Inc. (Evofem) made contributions to WCG totaling $1,185,939 for the year ended December 31, 2018. WCG paid Evofem for office facilities and operational support totaling $477,223 for the year ended December 31, 2018. Certain officers and directors of Evofem were officers and directors of WCG during 2018.

Financial Statement Notes

Part X : FIN48 Footnote

WCG believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/MissionDesc0WCG Cares ("WCG") is an international non-profit organization committed to empowering, educating and enabling women and girls to make informed choices and access critical reproductive health products and services. WCG's credentials in product introduction have made it a preferred partner of organizations seeking to move products from laboratories and manufacturers to the women who need them. WCG forms strategic partnerships to introduce and promote access to new and innovative contraceptive methods and other womens health products around the world. WCG's quality and regulatory department collaborates with university, non-profit and private-sector partners to develop and implement strategic regulatory plans for a variety of essential drugs and devices. The team is also experienced in aiding manufacturers to improve their processes to meet international best practices. WCG creates options for women when it comes to their reproductive health, no matter where they live.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WCG believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILBERTO ROBLES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Sr. Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 will be reviewed by the Executive Director, Finance Director and Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WCG Cares regularly and consistently monitors and enforces these policies in accordance with written procedures. Duty to Disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and/or the members of appropriate committees with Board delegated powers, if any, considering the proposed transaction or arrangement.3.2 Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists.3.3 Procedures for Addressing the Conflict of Interest3.3.1 An interested person may make a presentation at the Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.3.3.2 The chairperson of the Board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.3.3.3 After exercising due diligence, the Board or committee shall determine whether WCG Cares can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.3.3.4 If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in WCG Cares best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Directors compensation was decided based upon similar levels of compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WCG Cares makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WomanCare Global International (WCGI), a registered charity with the Charity Commission for England and Wales made contributions to WCG totaling $1,000,000 for the year ended December 31, 2018. WCG paid WCGI for office facilities and operational support services totaling $480,269 for the year ended December 31, 2018. Certain officers and directors of WCGI were officers and directors of WCG during 2018.WCG paid WCG Trading, Inc. for office facilities and operational support totaling $277,725 for the year ended December 31, 2018. WCG Trading, Inc. is a subsidiary of WCGI.Evofem Biosciences, Inc. (Evofem) made contributions to WCG totaling $1,185,939 for the year ended December 31, 2018. WCG paid Evofem for office facilities and operational support totaling $477,223 for the year ended December 31, 2018. Certain officers and directors of Evofem were officers and directors of WCG during 2018.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Transactions with Affiliated Entities:
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