Catalyst Ministries
- Assets
- $86.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-5336239
Organization Overview
Catalyst Ministries is located in Franklin, TN. The organization was established in 2017. 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 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 generated $112.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $124.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Narciso President | 40 | $78,000 | |
Jennifer Narciso Treasurer | 10 | $0 | |
Pat Mcfall Board Member | 0 | $0 | |
Darrin Miller Board Member | 0 | $0 | |
Natalle Willmarth Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,307 |
| Total Program Service Revenue | $18,533 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,810 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,000 |
| Salaries, other compensation, and employee benefits | $84,082 |
| Professional fees and other payments to independent contractors | $5,741 |
| Occupancy, rent, utilities, and maintenance | $11,399 |
| Printing, publications, postage, and shipping | $335 |
| Other expenses | $17,336 |
| Total expenses | $124,893 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,388 |
| Other assets | $0 |
| Total assets | $86,388 |
| Total liabilities | $75,700 |
| Net assets or fund balances | $10,688 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catalyst Ministries has recieved totaling $18,200.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $18,200 |
Peer Organizations
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|---|---|---|
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Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Choice Books Of Northern Virginia Inc Bristow, VA | $30,496,266 | $18,835,763 |
Reaching Unreached Nations Inc Virginia Beach, VA | $5,800,346 | $15,911,313 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |