Catalyst Foundation is located in North Charleston, SC. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Foundation 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 06/2023, Catalyst Foundation generated $35.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $41.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CATALYST FOUNDATION EXISTS TO SUPPORT AND PROMOTE ECONOMIC DEVELOPMENT IN THE THREE-COUNTY CHARLESTON, SC REGION. IN FY22-23, THE CATALYST FOUNDATION PROVIDED PARTIAL FUNDING TO SUPPORT A FEASIBILITY STUDY AND COMPETITIVE ANALYSIS FOR A POTENTIAL EV INNOVATION CENTER LOCATED IN THE CHARLESTON REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Pope Chair / Pres | 0.04 | $0 | |
Peter Fennelly Vice Chair / | 0.04 | $0 | |
Will Russell Treasurer/se | 0.04 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $35,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $35,360 |
Occupancy, rent, utilities, and maintenance | $6,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $52 |
Total expenses | $41,412 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $588 |
Other assets | $0 |
Total assets | $588 |
Total liabilities | $0 |
Net assets or fund balances | $588 |