Civic Intelligence

Catalyst Global

990 • Fiscal year 2019 • EIN 46-3226871

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

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

65th percentile

0.20x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.13x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,158,512

Up $489,655 (+29%) from 2018

Net Assets

Up

$1,720,180

Up $696,613 (+68%) from 2018

Liabilities

Down

$438,332

Down $206,958 (-32%) from 2018

Revenue

Down

$3,449,389

Down $1,143,892 (-25%) from 2018

Expenses

Down

$2,752,776

Down $1,088,914 (-28%) from 2018

Net Income

Down

$696,613

Down $54,978 (-7.3%) 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 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

2019

Assets$2,158,512
Liabilities$438,332
Net Assets$1,720,180

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 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

2019

Revenue$3,449,389
Expenses$2,752,776
Net Income$696,613
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$3,449,389
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$1,373,398$1,634,502▲ $261,104
Pledges and Grants Receivable$253,885$474,447▲ $220,562
Prepaid Expenses and Deferred Charges$21,413$17,086▼ $4,327
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$1,668,857$2,158,512▲ $489,655
Other Assets Total$20,161$32,477▲ $12,316
Liabilities
Accounts Payable and Accrued Expenses$339,543$363,572▲ $24,029
Other Liabilities$258,794$70,758▼ $188,036
Deferred Revenue$46,953$4,002▼ $42,951
Total Liabilities$645,290$438,332▼ $206,958
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,023,567$1,720,180▲ $696,613
Total Net Assets Fund Balance$1,023,567$1,720,180▲ $696,613
Total Liabilities and Net Assets / Fund Balance$1,668,857$2,158,512▲ $489,655
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon BledsoeExecutive DirectorFT$350,238$53,234$395,972
Wilberto RoblesSr. DirectorFT$205,382$28,355$241,237
Erica ChavinFinance & TreasFT$135,739$36,333$172,072

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,375,430
Program Service Revenue
$73,959
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,598,622
Change in Net Assets
$696,613

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,449,389
Total Revenue per Audited Statements
$3,449,389
Total Revenue per Form 990
$3,449,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,396,505
Other Expenses$1,356,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$761,911$5,010-$766,921
Current Officers, Directors, Trustees, and Key Employees$293,402$106,100-$399,502
Occupancy$58,752$39,297-$98,049
Other Employee Benefits$81,986$10,897-$92,883
Pension Plan Contributions$71,747$10,162-$81,909
Fees for Services Other$43,591$25,221-$68,812
Travel$65,672$2,014-$67,686
Information Technology$35,037$23,411-$58,448
Payroll Taxes$48,430$6,860-$55,290
Insurance$27,038$18,085-$45,123
Office Expenses$22,833$8,346-$31,179
Fees for Services Accounting$553$15,000-$15,553
Fees for Services Legal$240$7,150-$7,390
Other Expenses$3,496$2,338-$5,834
Total Functional Expenses$2,467,683$285,093$0$2,752,776

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,752,776
Total Expenses per Audited Statements$2,752,776
Total Expenses per Form 990$2,752,776
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$70,758
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
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 and approved by the board.

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
2020-11-09
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
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 $1,447,012 and reimbursed costs of $8,447 for the year ended December 31, 2019. WCG paid WCGI for operational support services totaling $7,470 for the year ended December 31, 2019. A trustee of WCGI was an officer of WCG during 2019.WCG paid Evofem Biosciences, Inc. (Evofem) for office facilities and operational support totaling $14,224 for the year ended December 31, 2019. Certain officers and directors of Evofem were officers and directors of WCG during 2019.

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. WCGs 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. WCG excels at forming strategic partnerships to introduce and create access to new contraceptive methods around the world. WCGs 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.
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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/TitleTxt0Finance & Treas
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Sr. 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 and approved by the board.
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 $1,447,012 and reimbursed costs of $8,447 for the year ended December 31, 2019. WCG paid WCGI for operational support services totaling $7,470 for the year ended December 31, 2019. A trustee of WCGI was an officer of WCG during 2019.WCG paid Evofem Biosciences, Inc. (Evofem) for office facilities and operational support totaling $14,224 for the year ended December 31, 2019. Certain officers and directors of Evofem were officers and directors of WCG during 2019.
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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