Catalyst Center Inc
EIN: 832784365 · Mayfield, KY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $107K |
| Net Assets | $343K |
Is Catalyst Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catalyst Center Inc
Catalyst Center Inc (EIN: 832784365) is a nonprofit organization based in Mayfield, KY, classified under NTEE code P20. The organization reported total revenue of $112K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catalyst Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catalyst Center Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $107K |
| Surplus / Deficit | $-73,976 |
| Total Assets | $349K |
| Total Liabilities | $6K |
| Net Assets | $343K |
| Operating Margin | -227.1% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 39.3 months |
Financial Health Grade: B
In 2023, Catalyst Center Inc reported a deficit of $74K with expenses exceeding revenue, holds 39.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Catalyst Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.6% | -20.4% | -16.5% |
| 2022 | +68.3% | +129.0% | +920.4% |
| 2020 | +116.9% | +117.1% | +106.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catalyst Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catalyst Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Catalyst Center Inc
Is Catalyst Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catalyst Center Inc (EIN: 832784365) insufficient data. 0 red flags identified, 0 strengths noted.
How does Catalyst Center Inc spend its money?
Detailed spending breakdown data is not yet available for Catalyst Center Inc. Check back for updated IRS 990 analysis.
Are donations to Catalyst Center Inc tax-deductible?
Catalyst Center Inc is registered as a tax-exempt nonprofit (EIN: 832784365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catalyst Center Inc located?
Catalyst Center Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 832784365. It is classified under NTEE code P20.
How many years of IRS 990 filings does Catalyst Center Inc have?
Catalyst Center Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $112K in total revenue.
Filing History
IRS 990 filing history for Catalyst Center Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Catalyst Center Inc's revenue has declined by 18.3%, moving from $40K to $33K. Total assets increased by 1658.9% over the same period, from $20K to $349K. Total functional expenses rose by 295.9%, from $27K to $107K. In its most recent filing year (2023), Catalyst Center Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $6K in liabilities against $349K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $107K | $349K | $6K | — | — |
| 2022 | $145K | $134K | $418K | $1K | — | View 990 |
| 2020 | $86K | $58K | $41K | $0 | — | — |
| 2019 | $40K | $27K | $20K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $107K, and assets of $349K (revenue -77.6% year-over-year).
- 2022: Revenue of $145K, expenses of $134K, and assets of $418K (revenue +68.3% year-over-year).
- 2020: Revenue of $86K, expenses of $58K, and assets of $41K (revenue +116.9% year-over-year).
- 2019: Revenue of $40K, expenses of $27K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catalyst Center Inc:
Data Sources and Methodology
This transparency report for Catalyst Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.