Catalyst Institute Inc
- Assets
- $933.9m
- Revenue
- $52.5m
- Investments
- $0.0
- Employees
- 61
- Location
- Boston, MA
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 38-4016550
Organization Overview
Catalyst Institute Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Catalyst Institute Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Institute Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Catalyst Institute Inc generated $52.5m in total revenue. All expenses for the organization totaled $39.0m during the year ending 12/2021. While expenses have increased by 38.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Catalyst Institute Inc has awarded 139 individual grants totaling $16,852,554. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE ORAL HEALTH OF ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREQUEST INSTITUTE FOR ORAL HEALTH, INC. [FORMERLY CATALYST INSTITUTE,INC.] IS A MASSACHUSETTS NOT-FOR-PROFIT WITH A MISSION TO IMPROVE THE ORAL HEALTH OF ALL AND A VISION TO ACHIEVE PERSON-CENTERED HEALTH BY TRANSFORMING THE SYSTEMS OF POLICY, FINANCE, CARE, AND COMMUNITY. CAREQUEST INSTITUTE FOR ORAL HEALTH, INC. [FORMERLY CATALYST INSTITUTE,INC.] AND ITS SUBSIDIARIES' ACTIVITES INCLUDE, BUT ARE NOT LIMITED TO, SECURING DENTAL SERVICES FOR EMPLOYEE GROUPS, INDIVIDUALS AND THEIR FAMILIES; INCLUDING THE SAFETY NET POPULATIONS THROUGH MEDICARE, MEDICARE ADVANTAGE AND CHIP PROGRAMS; PROVIDING INNOVATIVE PRODUCTS AND SERVICES; FINANCE AND DEVELOP PROFESSIONAL AND SCIENTIFIC STUDY AND RESEARCH; AN EDUCATE THE PUBLIC CONCERNING THE IMPORTANCE OF ORAL HEALTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Treasurer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capm Llc Consulting | 12/30/21 | $616,823 |
Healthscape Advisors Llc Consulting | 12/30/21 | $831,000 |
Ernst & Young Llp Consulting | 12/30/21 | $439,900 |
Ropes & Gray Consulting | 12/30/21 | $301,841 |
Carolyn Brown Consulting | 12/30/21 | $277,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,675,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46,820,832 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,496,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,789,388 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $999,788 |
| Compensation of current officers, directors, key employees. | $399,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,556,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,447 |
| Payroll taxes | $1,377,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $462,659 |
| Fees for services: Accounting | $230,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,500,000 |
| Fees for services: Other | $6,277,877 |
| Advertising and promotion | $1,036,296 |
| Office expenses | $56,628 |
| Information technology | $232,468 |
| Royalties | $0 |
| Occupancy | $143,454 |
| Travel | $129,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $408 |
| Interest | $0 |
| Payments to affiliates | $1,569,540 |
| Depreciation, depletion, and amortization | $14,977 |
| Insurance | $941,076 |
| All other expenses | $0 |
| Total functional expenses | $38,960,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,107,784 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,364,118 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $615,106 |
| Net Land, buildings, and equipment | $21,012 |
| Investments—publicly traded securities | $631,161,555 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $229,662,747 |
| Total assets | $933,932,322 |
| Accounts payable and accrued expenses | $3,615,103 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,526,921 |
| Total liabilities | $7,142,024 |
| Net assets without donor restrictions | $926,790,298 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $933,932,322 |
Grants Awarded
Over the last fiscal year, Catalyst Institute Inc has awarded $13,361,728 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: The purpose of this grant is to support the financial and programmatic sustainability of the Oral Health Progress and Equity Network (OPEN) as it transitions to a fully independent nonprofit organization. | $2,673,059 |
Washington, DC PURPOSE: The purpose of this grant is to advance federal oral health policies in 2021 through the Oral Health Care for All Campaign, which focuses on timely opportunities to impact Medicaid and Medicare. | $675,000 |
Boston, MA PURPOSE: The purpose of this grant is to support Community Catalyst in implementing a multi-tiered capacity building strategy within CareQuest Institute grantees that focuses on deepening the engagement between historically marginalized communities and state advocacy efforts, while also supporting the federal policy work of the Oral Health Progress and Equity Network (OPEN). | $498,548 |
Boston, MA PURPOSE: This proposal is to support RIZE Massachusetts Foundation to integrate oral health into its programming and grantmaking strategy in order to end the opioid epidemic in Massachusetts and reduce its impact on people, communities, and the economy. | $333,333 |
Bethesda, MD PURPOSE: This proposal is to support the National Association for Community Health Centers (NACHC) to support the safety net in scaling new models of integrated care, expanding the use of population health management tools in safety net dental practices, and exploring new oral health workforce opportunities to expand the diversity in health center workforce. | $250,000 |
Boston, MA PURPOSE: This investment is to support the Massachusetts League of Community Health Centers to implement a COVID-19 Vaccine Initiative to engage safety net dental teams in delivering the COVID-19 vaccine, assess those patients' social determinants of health needs, and provide educational resources, with a primary focus on historically marginalized communities. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Garnet Health Doctors Pc Middletown, NY | $50,171,701 | $81,156,131 |
The Westchester Medical Practice Pc Yorktown Heights, NY | $21,408,961 | $63,027,165 |
Alexion Access Foundation New Haven, CT | $195,433 | $55,917,914 |
Evercare Choice Inc Newburgh, NY | $7,909,897 | $57,811,239 |
Lakeville Surgery Pc Westbury, NY | $0 | $24,920,784 |
Catalyst Institute Inc Boston, MA | $933,932,322 | $52,496,525 |
Extraordinary Home Care Bayside, NY | $10,125,734 | $37,003,889 |
Hartford Dispensary Manchester, CT | $30,392,612 | $34,435,087 |
Last Mile Health Boston, MA | $29,516,883 | $24,591,447 |
Mercy Flight Inc Buffalo, NY | $49,278,322 | $26,481,483 |
Uhealthsolutions Inc Shrewsbury, MA | $43,602,743 | $21,401,980 |
North Shore-Lij Radiology Services P C Westbury, NY | $6,438,473 | $17,406,935 |