Catalyst Ministries Inc
- Assets
- $67.3k
- Revenue
- $83.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3000149
Organization Overview
Catalyst Ministries Inc is located in Charleston, WV. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Ministries Inc 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 Ministries Inc generated $83.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CATALYST MINISTRIES, INC. ("CMI") WAS INCORPORATED TO CHALLENGE AND TEACH CHRISTIAN MEN HOW TO GROW INTO GODLY PARENTS, EQUIPPING THEM TO SPIRITUALLY TRAIN THEIR KIDS REGARDLESS OF THEIR CIRCUMSTANCES AND INTENTIONALLY BUILDING A LEGACY OF FAITH IN CHRIST. CMI'S MISSION IS TO BUILD A LEGACY OF FAITH BY EMPOWERING MEN TO BECOME GODLY FATHERS AND MENTORS THROUGH ENCOURAGEMENT, SPIRITUAL DISCIPLESHIP, EDUCATION AND THE DEVELOPMENT OF GODLY CHARACTER. THE ORGANIZATION'S CENTERPIECE IS A FULL-TIME, NATIONALLY ACCREDITED BIBLE COLLEGE AT MT. OLIVE CORRECTIONAL COMPLEX. WHEN MEN STUDY THE WORD AND WORKS OF JESUS CHRIST AND THE MORALITY HE TEACHES, THEY USUALLY UNDERGO A COMPLETE TRANSFORMATION OF THEIR HEARTS. THAT LEADS TO A TRANSFORMATION OF THEIR VALUES, THEIR BEHAVIOR, AND METHODS OF LEADERSHIP. AND THOSE THINGS WORK TO BRING A NEW KIND OF PRISON REFORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MT. OLIVE BIBLE COLLEGE - THE ORGANIZATION ALONG WITH THE WEST VIRGINIA DIV. OF CORRECTIONS AND APPALACHIAN BIBLE COLLEGE HAVE DEVELOPED THE FIRST 4-YEAR BIBLE COLLEGE IN A PRISON IN WEST VIRGINIA'S HISTORY. THE INMATE STUDENTS ARE FULL-TIME; MEANING THEIR PRIMARY ROLE WITHIN THE PRISON IS TO STUDY THE WORD AND WORKS OF JESUS CHRIST.
A DAY WITH DAD CELEBRATION - A DAY WHEN THE CHILDREN OF THE INMATES COME INTO THE PRISON TO SPEND THE DAY WITH THEIR DAD, JUST CHILDREN AND FATHER. IT'S A DAY FOCUSED ON FORGIVENESS AND RESTORATION. A DAY WHERE THE INMATE FATHER CAN BEGIN BY SAYING "I'M SORRY AND "I LOVE YOU" WHILE ENJOYING A DAY OF INFLATABLES, GAMES, CRAFTS, FOOD AND FUN.
MALACHI DADS - A FATHERING DISCIPLESHIP MINISTRY AIMED AT RECONCILING AND RESTORING THE RELATIONSHIP BETWEEN THE INMATE FATHER AND HIS CHILDREN.HANNAH'S GIFT - THE ORGANIZATION TEACHES INCARCERATED MOTHERS TO FOSTER A HEALTHY RELATIONSHIP WITH THEIR CHILDREN, WHILE TAKING THE STEPS NECESSARY TO PREPARE THEMSELVES TO BUILD HEALTHY FAMILY STRUCTURES UPON RELEASE.DISCIPLESHIP INITIATIVE BIBLE-BASED PROGRAMS ARE AIMED AT SPIRITUAL GROWTH AND PRACTICAL APPLICATION.FACADE UPGRADE - INMATE REENTRY WORK PROVIDED FOR COSMETIC UPGRADES TO HOUSES ON WESTSIDE HOMES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Mayhew Vice President | OfficerTrustee | 1 | $0 |
Calvin Sutphin II President | OfficerTrustee | 1 | $0 |
Errol Randle Secretary/treasurer | OfficerTrustee | 1 | $0 |
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 | $83,764 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,764 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,376 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,800 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,622 |
| Office expenses | $406 |
| Information technology | $3,248 |
| Royalties | $0 |
| Occupancy | $2,220 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $73,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,806 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $53,506 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,312 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $67,312 |
| 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 | $67,312 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catalyst Ministries Inc has recieved totaling $25,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Keycorp Empl Beneficiary Assoc Tr For Post-Retirement Medical Bene Brooklyn, OH | $26,681,464 | $4,575,931 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Kentucky Refugee Ministries Inc Louisville, KY | $2,230,731 | $5,977,380 |
American Dairy Association Mideast Columbus, OH | $3,095,778 | $5,413,695 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Turkish-American Community Center Inc Lanham, MD | $86,289,418 | $2,915,322 |
Chi St Joseph Childrens Health Lancaster, PA | $51,266,444 | $4,349,144 |