Civic Intelligence

The Catalyst Foundation

990EZ • Fiscal year 2023 • EIN 85-3869699

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 08, 2024

4401 Belle Oaks Drive Suite 420North Charleston, SC 29405

(843) 760-4521

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

20th percentile

-18%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-92%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

40%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$588

Down $6,412 (-92%) from 2022

Net Assets

Down

$588

Down $6,412 (-92%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$35,000

Up $10,000 (+40%) from 2022

Expenses

Up

$41,412

Up $23,412 (+130%) from 2022

Net Income

Down

-$6,412

Down $13,412 (-192%) from 2022

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0-$5.0KAssets 2022: $7,000Net Assets 2022: $7,0002022Assets 2023: $588Net Assets 2023: $5882023Assets 2024: $2,464Liabilities 2024: $6,465Net Assets 2024: -$4,0012024Assets 2025: $7,821Liabilities 2025: $10,000Net Assets 2025: -$2,1792025

Highlighted filing

2023

Assets$588
Liabilities-
Net Assets$588

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2022: $25,000Expenses 2022: $18,000Net Income 2022: $7,0002022Revenue 2023: $35,000Expenses 2023: $41,412Net Income 2023: -$6,4122023Revenue 2024: $40,002Expenses 2024: $44,591Net Income 2024: -$4,5892024Revenue 2025: $35,005Expenses 2025: $33,183Net Income 2025: $1,8222025

Highlighted filing

2023

Revenue$35,000
Expenses$41,412
Net Income-$6,412
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 8, 2024
Return Version
2022v5.0
Gross Receipts
$35,000
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

DescriptionGrantsExpenses
THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. IN FY22-23, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT A FEASIBILITY STUDY AND COMPETITIVE ANALYSIS FOR A POTENTIAL EV INNOVATION CENTER LOCATED IN THE CHARLESTON REGION.-$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONY POPEChair / Pres-$0--
PETER FENNELLYVice Chair /-$0--
WILL RUSSELLTreasurer/Se-$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
2024-03-08

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 I, Line 16

Expenses fees 52 total 52

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. In fy22-23, the catalyst foundation provided partial funding to support a feasibility study and competitive analysis for a potential ev innovation center located in the charleston region.

Raw XML Appendix124 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAIME CALDWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum08437679300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04401 BELLE OAKS DRIVE SUITE 420
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH CHARLESTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029405
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0588
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt035000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6412
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt035360
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0588
IRS990EZ/GrossReceiptsAmt035000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0588
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0588
IRS990EZ/OccupancyRentUtltsAndMaintAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TONY POPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER FENNELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILL RUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR / PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR /
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/SE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt052
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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/DescriptionProgramSrvcAccomTxt0THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. IN FY22-23, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT A FEASIBILITY STUDY AND COMPETITIVE ANALYSIS FOR A POTENTIAL EV INNOVATION CENTER LOCATED IN THE CHARLESTON REGION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041412
IRS990EZ/TotalProgramServiceExpensesAmt05000
IRS990EZ/TotalRevenueAmt035000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt060000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56000
IRS990ScheduleA/PublicSupportTotal170Amt033600
IRS990ScheduleA/SubstantialContributorsTotAmt026400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt060000
IRS990ScheduleA/TotalSupportAmt060000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES FEES 52 TOTAL 52
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. IN FY22-23, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT A FEASIBILITY STUDY AND COMPETITIVE ANALYSIS FOR A POTENTIAL EV INNOVATION CENTER LOCATED IN THE CHARLESTON REGION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILL RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08437604521
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CATALYST FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CATA
ReturnHeader/Filer/EIN0853869699
ReturnHeader/Filer/PhoneNum08437604521
ReturnHeader/Filer/USAddress/AddressLine1Txt04401 BELLE OAKS DRIVE SUITE 420
ReturnHeader/Filer/USAddress/CityNm0NORTH CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029405
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205788602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GLASER AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01859 SUMMERVILLE AVE STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029405
ReturnHeader/PreparerPersonGrp/PhoneNum08438490179
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIK M GLASER CPA
ReturnHeader/ReturnTs02024-03-12T13:49:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUSSELL
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings