Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$7,000
No earlier filing loaded for comparison.
Net Assets
$7,000
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$25,000
No earlier filing loaded for comparison.
Expenses
$18,000
No earlier filing loaded for comparison.
Net Income
$7,000
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Jan 31, 2023
- Return Version
- 2021v4.0
- Gross Receipts
- $25,000
Mission and Program Overview
Mission
The catalyst foundation was established in 2021 to support and promote economic development in berkeley, charleston and dorchester counties of south carolina. The foundations work includes facilitating economic and workforce related research studies and strategic plans, providing related learning opportunities for current and emerging community leaders, convening community leaders around economic development issues, and supporting innovative programs and initiatives designed to advance the local economy. The foundation also works closely with other economic and workforce development organizations throughout the three-county region to expand and strengthen local job opportunities for area residents.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. AS A NEWLY FORMED ENTITY (ESTABLISHED IN THE FALL OF 2021), THE FOUNDATIONS INITIAL ACTIVITIES WERE FOCUSED ON ESTABLISHING A BASE OF FUNDING TO SUPPORT ITS FUTURE OPERATIONS AND ECONOMIC DEVELOPMENT PROGRAMMING. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEPHEN GALLAGHER | Chair / Pres | - | $0 | - | - |
| PETER FENNELLY | Vice Chair / | - | $0 | - | - |
| MARY GARCIA | Treasurer | - | $0 | - | - |
| JAIME CALDWELL | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Catalyst Foundation
- EIN
- 85-3869699
- Phone
- 8437604521
- Address
- 4401 BELLE OAKS DRIVE SUITE 420, NORTH CHARLESTON, SC 29405
Signing Officer
- Name
- Will Russell
- Title
- Treasurer/secretary
- Phone
- 8437604521
- Signed
- 2023-01-31
Preparer
- Firm
- Glaser and Company LLC
- Address
- 1859 SUMMERVILLE AVE STE 800, CHARLESTON, SC 29405
- Preparer
- Erik M Glaser CPA
- Phone
- 8438490179
Supplemental Narrative
Additional Explanations
Form 990-ez, Part III
“The catalyst foundation was established in 2021 to support and promote economic development in berkeley, charleston and dorchester counties of south carolina. The foundations work includes facilitating economic and workforce related research studies and strategic plans, providing related learning opportunities for current and emerging community leaders, convening community leaders around economic development issues, and supporting innovative programs and initiatives designed to advance the local economy. The foundation also works closely with other economic and workforce development organizations throughout the three-county region to expand and strengthen local job opportunities for area residents.”
Form 990-ez, Part III, Line 28
“The catalyst foundation exists to support and promote economic development in the three-county charleston, sc region. As a newly formed entity (established in the fall of 2021), the foundations initial activities were focused on establishing a base of funding to support its future operations and economic development programming.”
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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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR / PRES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR / |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CATALYST FOUNDATION WAS ESTABLISHED IN 2021 TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN BERKELEY, CHARLESTON AND DORCHESTER COUNTIES OF SOUTH CAROLINA. THE FOUNDATIONS WORK INCLUDES FACILITATING ECONOMIC AND WORKFORCE RELATED RESEARCH STUDIES AND STRATEGIC PLANS, PROVIDING RELATED LEARNING OPPORTUNITIES FOR CURRENT AND EMERGING COMMUNITY LEADERS, CONVENING COMMUNITY LEADERS AROUND ECONOMIC DEVELOPMENT ISSUES, AND SUPPORTING INNOVATIVE PROGRAMS AND INITIATIVES DESIGNED TO ADVANCE THE LOCAL ECONOMY. THE FOUNDATION ALSO WORKS CLOSELY WITH OTHER ECONOMIC AND WORKFORCE DEVELOPMENT ORGANIZATIONS THROUGHOUT THE THREE-COUNTY REGION TO EXPAND AND STRENGTHEN LOCAL JOB OPPORTUNITIES FOR AREA RESIDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. AS A NEWLY FORMED ENTITY (ESTABLISHED IN THE FALL OF 2021), THE FOUNDATIONS INITIAL ACTIVITIES WERE FOCUSED ON ESTABLISHING A BASE OF FUNDING TO SUPPORT ITS FUTURE OPERATIONS AND ECONOMIC DEVELOPMENT PROGRAMMING. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18000 |
| IRS990EZ/TotalRevenueAmt | 0 | 25000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 25000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 25000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 25000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 25000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 25000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 25000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CATALYST FOUNDATION WAS ESTABLISHED IN 2021 TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN BERKELEY, CHARLESTON AND DORCHESTER COUNTIES OF SOUTH CAROLINA. THE FOUNDATIONS WORK INCLUDES FACILITATING ECONOMIC AND WORKFORCE RELATED RESEARCH STUDIES AND STRATEGIC PLANS, PROVIDING RELATED LEARNING OPPORTUNITIES FOR CURRENT AND EMERGING COMMUNITY LEADERS, CONVENING COMMUNITY LEADERS AROUND ECONOMIC DEVELOPMENT ISSUES, AND SUPPORTING INNOVATIVE PROGRAMS AND INITIATIVES DESIGNED TO ADVANCE THE LOCAL ECONOMY. THE FOUNDATION ALSO WORKS CLOSELY WITH OTHER ECONOMIC AND WORKFORCE DEVELOPMENT ORGANIZATIONS THROUGHOUT THE THREE-COUNTY REGION TO EXPAND AND STRENGTHEN LOCAL JOB OPPORTUNITIES FOR AREA RESIDENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. AS A NEWLY FORMED ENTITY (ESTABLISHED IN THE FALL OF 2021), THE FOUNDATIONS INITIAL ACTIVITIES WERE FOCUSED ON ESTABLISHING A BASE OF FUNDING TO SUPPORT ITS FUTURE OPERATIONS AND ECONOMIC DEVELOPMENT PROGRAMMING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILL RUSSELL |
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| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8437604521 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-01-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE CATALYST FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CATA |
| ReturnHeader/Filer/EIN | 0 | 853869699 |
| ReturnHeader/Filer/PhoneNum | 0 | 8437604521 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4401 BELLE OAKS DRIVE SUITE 420 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NORTH CHARLESTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29405 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 205788602 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GLASER AND COMPANY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1859 SUMMERVILLE AVE STE 800 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHARLESTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29405 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8438490179 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-01-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ERIK M GLASER CPA |
| ReturnHeader/ReturnTs | 0 | 2023-01-31T15:07:36-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WILL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RUSSELL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,000
- Liabilities
- -
- Net assets
- $7,000
- Revenue
- $25,000
- Expenses
- $18,000
- Net income
- $7,000