Catalyst Foundation
Catalyst Foundation shows volatile revenue, substantial assets, and no officer compensation.
EIN: 202594397 · Cherry Hl Vlg, CO · NTEE: T20 · Updated: 2026-03-28
Is Catalyst Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catalyst Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catalyst Foundation
Catalyst Foundation (EIN: 202594397) is a nonprofit organization based in Cherry Hl Vlg, CO, classified under NTEE code T20. The organization reported total revenue of $694K and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catalyst Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catalyst Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $365K |
| Surplus / Deficit | $-62,703 |
| Total Assets | $8.1M |
| Total Liabilities | $1 |
| Net Assets | $8.1M |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 265.8 months |
Financial Health Grade: B
In 2023, Catalyst Foundation reported a deficit of $63K with expenses exceeding revenue, holds 265.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Catalyst Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.3% | +76.1% | +10.9% |
| 2022 | -57.4% | +20.5% | -9.5% |
| 2021 | +510.1% | +23.3% | +201.7% |
| 2020 | +328.4% | +3.2% | +26.3% |
| 2019 | -42.4% | +118.5% | +43.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catalyst Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Catalyst Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a nonprofit of its size with assets exceeding $8 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Catalyst Foundation's IRS 990 filings:
- Highly volatile revenue streams, making financial planning unpredictable.
- Expenses exceeded revenue in the most recent filing period (202312), indicating a potential deficit.
Strengths
The following positive indicators were identified for Catalyst Foundation:
- Substantial asset base ($8,453,336) providing financial cushion.
- Consistently low liabilities ($1), indicating strong debt management.
- 0% officer compensation across all filings, demonstrating commitment to mission over personal gain.
- Generally low expenses relative to revenue in most periods, suggesting operational efficiency.
Frequently Asked Questions about Catalyst Foundation
Is Catalyst Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Catalyst Foundation (EIN: 202594397) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Catalyst Foundation spend its money?
Catalyst Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catalyst Foundation tax-deductible?
Catalyst Foundation is registered as a tax-exempt nonprofit (EIN: 202594397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Catalyst Foundation financially stable given its volatile revenue?
While Catalyst Foundation has substantial assets ($8,453,336), its revenue has been highly inconsistent, ranging from $4,236,218 in 2021 to $302,073 in 2023. This volatility could impact long-term program planning and financial stability if not managed effectively.
How does Catalyst Foundation manage its expenses relative to its income?
In most years, Catalyst Foundation's expenses have been significantly lower than its revenue, such as $171,898 in expenses against $4,236,218 in revenue in 2021. However, in 2023, expenses ($364,776) exceeded revenue ($302,073), which warrants closer monitoring.
What is the significance of 0% officer compensation?
0% officer compensation across all filings means that the organization's leadership is not receiving salaries from the nonprofit. This is a strong indicator of dedication to the mission and efficient use of funds, enhancing donor trust.
Filing History
IRS 990 filing history for Catalyst Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Catalyst Foundation's revenue has grown by 874.6%, moving from $31K to $302K. Total assets increased by 592.1% over the same period, from $1.2M to $8.1M. Total functional expenses rose by 609.4%, from $51K to $365K. In its most recent filing year (2023), Catalyst Foundation reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $365K | $8.1M | $1 | — | View 990 |
| 2022 | $1.8M | $207K | $7.3M | $1 | — | View 990 |
| 2021 | $4.2M | $172K | $8.1M | $1 | — | View 990 |
| 2020 | $694K | $139K | $2.7M | $1 | — | View 990 |
| 2019 | $162K | $135K | $2.1M | $1 | — | — |
| 2015 | $281K | $62K | $1.5M | $1 | — | View 990 |
| 2014 | $110K | $51K | $1.3M | $1 | — | View 990 |
| 2013 | $60K | $49K | $1.2M | $1 | — | View 990 |
| 2012 | $81K | $64K | $1.2M | $1 | — | View 990 |
| 2011 | $31K | $51K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $365K, and assets of $8.1M (revenue -83.3% year-over-year).
- 2022: Revenue of $1.8M, expenses of $207K, and assets of $7.3M (revenue -57.4% year-over-year).
- 2021: Revenue of $4.2M, expenses of $172K, and assets of $8.1M (revenue +510.1% year-over-year).
- 2020: Revenue of $694K, expenses of $139K, and assets of $2.7M (revenue +328.4% year-over-year).
- 2019: Revenue of $162K, expenses of $135K, and assets of $2.1M (revenue -42.4% year-over-year).
- 2015: Revenue of $281K, expenses of $62K, and assets of $1.5M (revenue +156.5% year-over-year).
- 2014: Revenue of $110K, expenses of $51K, and assets of $1.3M (revenue +83.1% year-over-year).
- 2013: Revenue of $60K, expenses of $49K, and assets of $1.2M (revenue -26.1% year-over-year).
- 2012: Revenue of $81K, expenses of $64K, and assets of $1.2M (revenue +161.4% year-over-year).
- 2011: Revenue of $31K, expenses of $51K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catalyst Foundation:
Data Sources and Methodology
This transparency report for Catalyst Foundation 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.