Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.62x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Balance Sheet
Assets
Up$2,464
Up $1,876 (+319%) from 2023
Net Assets
Down-$4,001
Down $4,589 (-780%) from 2023
Liabilities
$6,465
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$40,002
Up $5,002 (+14%) from 2023
Expenses
Up$44,591
Up $3,179 (+7.7%) from 2023
Net Income
Up-$4,589
Up $1,823 (+28%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Jan 13, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $40,002
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. IN FY23-24, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT THE SECOND PHASE OF A FEASIBILITY STUDY AND SECTOR ANALYSIS FOR A POTENTIAL CENTER OF EXCELLENCE INNOVATION HUB LOCATED IN THE CHARLESTON REGION. | - | $20,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TONY POPE | Chair / Pres | - | $0 | - | - |
| REEVES SKEEN | Vice Chair / | - | $0 | - | - |
| WILL RUSSELL | Treasurer/Se | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Catalyst Foundation
- EIN
- 85-3869699
- Phone
- 8437679300
- Address
- 65 FAIRCHILD STREET SUITE 100, CHARLESTON, SC 29492
Signing Officer
- Name
- David Hamilton
- Title
- Treasurer
- Phone
- 8437604521
- Signed
- 2025-01-13
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 141 total 141”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 6,465”
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 fy23-24, the catalyst foundation provided partial funding to support the second phase of a feasibility study and sector analysis for a potential center of excellence innovation hub located in the charleston region.”
Raw XML Appendix132 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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| IRS990EZ/AddressChangeInd | 0 | X |
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8432777470 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CHARLESTON |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2464 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 40000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4589 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 41450 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 2464 |
| IRS990EZ/GrossReceiptsAmt | 0 | 40002 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
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| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 588 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WILL RUSSELL |
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| 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. IN FY23-24, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT THE SECOND PHASE OF A FEASIBILITY STUDY AND SECTOR ANALYSIS FOR A POTENTIAL CENTER OF EXCELLENCE INNOVATION HUB LOCATED IN THE CHARLESTON REGION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 20000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 6465 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 44591 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 20000 |
| IRS990EZ/TotalRevenueAmt | 0 | 40002 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 40000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.51000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.56000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 51000 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 49000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 40000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 100000 |
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| 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 | EXPENSES FEES 141 TOTAL 141 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 6,465 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 | 3 | THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. IN FY23-24, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT THE SECOND PHASE OF A FEASIBILITY STUDY AND SECTOR ANALYSIS FOR A POTENTIAL CENTER OF EXCELLENCE INNOVATION HUB LOCATED IN THE CHARLESTON REGION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID HAMILTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8437604521 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-01-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE CATALYST FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CATA |
| ReturnHeader/Filer/EIN | 0 | 853869699 |
| ReturnHeader/Filer/PhoneNum | 0 | 8437679300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 65 FAIRCHILD STREET SUITE 100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHARLESTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29492 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2025-01-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ERIK M GLASER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-01-15T12:38:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,464
- Liabilities
- $6,465
- Net assets
- -$4,001
- Revenue
- $40,002
- Expenses
- $44,591
- Net income
- -$4,589