Catalyst Education
- Assets
- $4.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 19
- Location
- New Orleans, LA
- Founding
- 06/2018
- Data as of
- 06/2021
- EIN
- 82-2628337
Organization Overview
Catalyst Education is located in New Orleans, LA. The organization was established in 2018. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Catalyst Education employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Education 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 06/2021, Catalyst Education generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $3.4m during the year ending 06/2021. 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
TO MOBILIZE AND LEVERAGE THE COLLECTIVE EXPERTISE IN EDUCATION TO STRENGTHEN SCHOOLS, SCHOOL SYSTEMS, AND EDUCATION NONPROFITS TO ENSURE EQUITY AND EXCELLENCE FOR ALL KIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER THIS PERIOD, CATALYST:ED HELPED 210 SCHOOLS, SCHOOL SYSTEMS, AND EDUCATION NONPROFITS CONNECT WITH AND LEVERAGE SPECIALIZED TECHNICAL ASSISTANCE TO BUILD ORGANIZATIONAL CAPACITY. SPECIFIC ACTIVITIES INCLUDED: 1 CONDUCTING CONSULTATIONS WITH ORGANIZATION LEADERS TO HELP THEM DIAGNOSE THEIR CHALLENGES AND IDENTIFY SPECIFIC HIGH-LEVERAGE PROJECTS WHERE THEY CAN BENEFIT FROM EXPERT HELP ESPECIALLY IN THE CONTEXT OF PANDEMIC-RELATED SCHOOL RECOVERY 2 FACILITATING CONNECTIONS WITH A CURATED LIST OF PROVIDERS WITH THE RIGHT MIX OF SKILLS AND EXPERIENCES NEEDED FOR CAPACITY BUILDING PROJECT 3 GRANTING FUNDS TO SUPPORT THE COMPLETION OF PROJECTS, AND 4 POST-PROJECT COMPLETION, CAPTURING LESSONS THROUGH OUR REFLECTION AND FEEDBACK PROCESS. TO ENABLE THIS WORK, CATALYST:ED BUILT OUT ITS NETWORK OF PROVIDERS TO 830. 95 PERCENT OF PROJECTS THAT WERE MATCHED IN THIS PERIOD MET THEIR GOALS. CATALYST:ED ALSO GENERATED SEVERAL MEMOS AND REPORTS BASED ON ITS WORK AND LAUNCHED THE LEARNING LAB FOR SCHOOL IMPROVEMENT TEAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leona Christy CEO | OfficerTrustee | 40 | $176,322 |
Rachel Klein Partner | 40 | $167,438 | |
Tremaine Johnson Partner | 40 | $140,237 | |
Bernadette Doykos Partner | 40 | $123,335 | |
Meladee Evans Partner | 40 | $121,023 | |
Rohini Thukral Partner | 40 | $119,167 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Promise 54 Business Consulting | 6/29/21 | $214,150 |
Enact Leadership Business Consulting | 6/29/21 | $109,906 |
Achievemission Business Consulting | 6/29/21 | $117,301 |
Attuned Education Partners Business Consulting | 6/29/21 | $218,650 |
Community Design Partners Business Consulting | 6/29/21 | $114,335 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,365 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,221,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,367,555 |
| Total Program Service Revenue | $269,459 |
| Investment income | $0 |
| 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 | $2,637,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200 |
| 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. | $387,770 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,186,041 |
| Pension plan accruals and contributions | $50,626 |
| Other employee benefits | $75,706 |
| Payroll taxes | $117,077 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,498,016 |
| Advertising and promotion | $3,844 |
| Office expenses | $3,622 |
| Information technology | $56,482 |
| Royalties | $0 |
| Occupancy | $10,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,090 |
| Conferences, conventions, and meetings | $8,170 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,539 |
| All other expenses | $0 |
| Total functional expenses | $3,414,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,071,809 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $740,693 |
| Accounts receivable, net | $32,613 |
| 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 | $2,502 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,639 |
| Total assets | $4,849,256 |
| Accounts payable and accrued expenses | $303,989 |
| 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 | $1,651,095 |
| Total liabilities | $1,955,084 |
| Net assets without donor restrictions | $343,772 |
| Net assets with donor restrictions | $2,550,400 |
| 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 | $4,849,256 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Catalyst Education has recieved totaling $8,138,237.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $2,106,854 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $1,512,586 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $1,444,140 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $550,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $527,979 |
New Schools Fund Oakland, CA PURPOSE: LEARNING SOLUTIONS | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthy School Food Collaborative New Orleans, LA | $2,253,600 | $20,882,496 |
Provident Oklahoma Education Resources Baton Rouge, LA | $5,000 | $54,481,089 |
Redesign Schools Louisiana Baton Rouge, LA | $2,219,135 | $10,040,399 |
Learn Lonestar Education And Research Network Lubbock, TX | $26,698,796 | $7,275,450 |
Learning Forward Richardson, TX | $5,036,186 | $5,068,048 |
Wilco Montessori Partners Georgetown, TX | $1,123,507 | $4,175,636 |
Catalyst Education New Orleans, LA | $4,849,256 | $2,637,014 |
Orchard Foundation Alexandria, LA | $7,454,172 | $2,296,059 |
Bowling Green School Franklinton, LA | $5,239,494 | $3,010,264 |
Belle Chasse Educational Foundation Belle Chasse, LA | $18,141,077 | $278,082 |
Trojan Real Properties Inc Addison, TX | $21,854,020 | $3,395,133 |
Fueled Schools Inc Houston, TX | $1,418,156 | $1,394,896 |