Catalyst For New Life
- Assets
- $143.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lago Vista, TX
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 27-2409113
Organization Overview
Catalyst For New Life is located in Lago Vista, TX. The organization was established in 2012. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst For New Life is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Catalyst For New Life generated $20.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $50.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CARES FOR THE ABANDONED ELDERY IN THE VILLAGE OF VAKKAMPATTI, DINDIGUL DISTRICT, TAMILNADU, INDIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin O'neal Director | 1 | $0 | |
Donald Moes Secretary | 2 | $0 | |
William Parrish Treasurer | 1 | $0 | |
Father Raj President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,755 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $160 |
| Total expenses | $50,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,128 |
| Other assets | $0 |
| Total assets | $143,128 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,128 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catalyst For New Life has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Africa Renewal Ministries Inc San Antonio, TX | $1,206,333 | $4,442,986 |
Foundation For Lake Chapala Charities Inc Laredo, TX | $4,847 | $698,204 |
Icf Impact Cares Foundation Austin, TX | $514,823 | $1,148,206 |
Kbc Ministries Inc San Antonio, TX | $195,254 | $574,099 |
Youcanfreeus Foundation Flower Mound, TX | $517,760 | $628,505 |
Empowering Education International Keller, TX | $49,465 | $330,389 |
All Access International Hurst, TX | $283,747 | $320,714 |
Heralds Of The Gospel Foundation Inc Houston, TX | $401,762 | $367,659 |
Nduka Foundation El Paso, TX | $79,696 | $266,572 |
United Volunteers Association Inc Wylie, TX | $190,913 | $205,522 |
African Childrens Haven Galveston, TX | $83,141 | $213,988 |
Omega Foundation Inc Tulsa, OK | $22,053 | $0 |