Catalyst Miami Inc

Organization Overview

Catalyst Miami Inc, operating under the name Dba Catalyst Miami Inc, is located in Miami, FL. The organization was established in 1997. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Dba Catalyst Miami Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dba Catalyst Miami 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, Dba Catalyst Miami Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 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 2015, Dba Catalyst Miami Inc has awarded 44 individual grants totaling $1,162,991. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO IDENTIFY AND COLLECTIVELY SOLVE ISSUES ADVERSELY AFFECTING LOW-WEALTH COMMUNITIES THROUGHOUT MIAMI-DADE COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROSPERITY CAMPAIGN AND WEALTH-BUILDING PROGRAMS: HEALTH INSURANCE AND INCOME SUPPORT NAVIGATION,FINANCIAL COACHING AND FINANCIAL PRODUCTS, AND FREE TAX PREPARATION IN SUPPORT OF ECONOMIC MOBILITY FOR LOW INCOME INDIVIDUALS AND FAMILIES. COMMUNITY-WIDE WEALTH- BUILDING PROGRAMS INCLUDE A UNIVERSAL SAVINGS PROGRAM FOR YOUNG CHILDREN AS WELL AS SUPPORT, TRAINING AND TECHNICAL ASSISTANCE FOR SMALL BUSINESSES AND WORKER COOPERATIVES.


POLICY & ENGAGEMENT: BUILD SOCIAL COHESION AND CIVIC PARTICIPATION TO SOLVE CRITICAL COMMUNITY ISSUES BY ORGANIZING AND MOBILIZING WITH OUR PARTNER NETWORKS AND RESIDENTS. TRAIN AND ENGAGE RESIDENTS IN ALL LEVELS OF ADVOCACY AND GRASSROOTS LEADERSHIP, WHILE ALSO INCREASING COMMUNITIES' SOCIAL, POLITICAL, AND FINANCIAL CAPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
Gretchen Beesing
CEO
$144,479
Brian Larson
CFO
$100,434
Kristine Singer
COO
$65,255
Nina Thompkins
COO
$46,481
Damian D Daley ESQ
Board Chair
$0
D Marcus Braswell Jr
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$28,329
Membership dues$0
Fundraising events$98,086
Related organizations$0
Government grants $980,777
All other contributions, gifts, grants, and similar amounts not included above$4,210,447
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,317,639
Total Program Service Revenue$43,806
Investment income $12,624
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 $5,374,874

Grants Awarded

Over the last fiscal year, Catalyst Miami Inc has awarded $213,770 in support to 11 organizations.

Grant RecipientAmount

CENTRAL FLORIDA JOBS WITH JUSTICECENTRAL FLORIDA JOBS WITH JUSTICE

Org PageRecipient Profile

Orlando, FL

PURPOSE: EDU. MEDICAID EXPANS

$42,000

W MONTAGUE COBBNMA HEALTH INSTITUTW MONTAGUE COBBNMA HEALTH INSTITU

Org PageRecipient Profile

Washington, DC

PURPOSE: RACIAL INEQUALITY ST

$28,000

FLORIDA HEALTH JUSTICE PROJECTFLORIDA HEALTH JUSTICE PROJET

PURPOSE: ORAL HEALTH MEDICARE

$27,500

FLORIDA INTERNATIONAL UNIVERSITYFLORIDA INTERNATIONAL UNIVERSITY

PURPOSE: BEHAVIORAL STUDY

$27,000

FLORIDA VOICES FOR HEALTH INCFLORIDA VOICES FOR HEALTH INC

Org PageRecipient Profile

Boynton Beach, FL

PURPOSE: M/CAID EXP.TRAINING

$15,250

FLORIDA POLICY INSTITUTE INCFLORIDA POLICY INSTITUTE INC

Org PageRecipient Profile

Orlando, FL

PURPOSE: M/CAID EXP RESEARCH

$15,142
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 29 grants that Catalyst Miami Inc has recieved totaling $3,572,557.

Awarding OrganizationAmount
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$500,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$500,000
Kresge Foundation

Troy, MI

PURPOSE: TO SUPPORT CATALYST MIAMI AS THEY MOBILIZE COMMUNITIES IN MIAMI-DADE COUNTY TO ADVOCATE FOR MORE EQUITABLE CLIMATE AND HEALTH POLICIES AND PRACTICES.

$400,000
Hfsf Grants Management Inc

Miami, FL

PURPOSE: HEALTH UP! INSURING MORE MIAMI-DADE RESIDENTS

$353,430
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$329,000
Kresge Foundation

Troy, MI

PURPOSE: TO SUPPORT CATALYST MIAMI AS THEY MOBILIZE COMMUNITIES IN MIAMI-DADE COUNTY TO ADVOCATE FOR MORE EQUITABLE CLIMATE AND HEALTH POLICIES AND PRACTICES.

$200,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$862,555
Net Contributions$336,854
Other Expense$862,555
Ending Balance$336,854

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