Catalyst Foundation For Universal Education Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 81-4138544
Organization Overview
Catalyst Foundation For Universal Education Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Catalyst Foundation For Universal Education Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Foundation For Universal Education 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 Foundation For Universal Education Inc generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (54.1%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Catalyst Foundation For Universal Education Inc has awarded 13 individual grants totaling $3,320,218. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CATALYST WORKED TO: (I) FOSTER, SUPPORT, PROMOTE, AND CONDUCT ACTIVITIES DESIGNED TO PROVIDE AND EXPAND ACCESS TO SAFE, HIGH-QUALITY EDUCATION WORLDWIDE, PARTICULARLY FOR THOSE POPULATIONS OF CHILDREN AND YOUTH AFFECTED BY WAR, CONFLICT, PREJUDICE, POVERTY, OR ISOLATION, AND (II) TO INCREASE GLOBAL UNDERSTANDING OF THE CRITICAL LACK OF EDUCATION FACING SUCH POPULATIONS AROUND THE GLOBE. CATALYST FOCUSED ON INITIATIVES ADDRESSING THE EDUCATIONAL CHALLENGES IN THE MIDDLE EAST AND NORTH AFRICA, INCLUDING THE EDUCATIONAL NEEDS OF SYRIAN AND OTHER REFUGEES. IN ADDITION, IT ALSO CONSIDERED AND FUNDED INITIATIVES WHICH ADDRESSED EDUCATIONAL ISSUES IN OTHER PARTS OF THE WORLD. CATALYST'S PLATFORM FOR EDUCATION IN EMERGENCIES RESPONSE (PEER) PROGRAM, WHICH WAS CREATED BY THE INSTITUTE OF INTERNATIONAL EDUCATION (IIE), AND WAS AN ONLINE CLEARINGHOUSE TO ENABLE DISPLACED STUDENTS TO CONNECT WITH EDUCATIONAL OPPORTUNITIES TO FURTHER THEIR EDUCATION. CATALYST FORMALLY DISSOLVED ON DECEMBER 31, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily E Daughtry Secretary & Sr. Program Officer | 40 | $294,840 | |
Catherine M DE Long Treasurer And CFO | 20 | $140,000 | |
John Sexton President And CEO | 40 | $47,667 | |
Anthony Welters Chairman | 2 | $0 | |
Rima Al-Mokarrab Director | 2 | $0 | |
Martin L Edelman Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Office Of Gordon And Sarah Brow Consulting | 12/30/20 | $300,000 |
Religion Media Company Film Production | 12/30/20 | $237,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$120 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,115 |
| Total Revenue | $13,995 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $797,788 |
| Professional fees and other payments to independent contractors | $526,590 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $32,098 |
| Other expenses | $15,104 |
| Total expenses | $3,494,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Catalyst Foundation For Universal Education Inc has awarded $1,104,883 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: PEER DATABASE | $434,883 |
New York, NY PURPOSE: MENTORSHIP PRGRM | $200,000 |
NATAKALLAM LLC PURPOSE: TECHNOLOGY UPGRADE | $200,000 |
New York, NY PURPOSE: SCHOLARSHIP FUND | $100,000 |
New York, NY PURPOSE: RESEARCH | $90,000 |
New York, NY PURPOSE: HARDSHIP ASSISTANCE | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |
Metro World Child Foundation Inc Brooklyn, NY | $2,538,697 | $8,020,281 |
World Spiritual Awareness Forum Inc Roslyn Heights, NY | $803,724 | $7,990,339 |
Refugepoint Inc Boston, MA | $13,622,053 | $13,092,298 |
Albanian-American Development Foundation New York, NY | $216,065,025 | $9,264,607 |