Overview
What is Catalyst Inc?
Catalyst Inc, based in New York City, is a prominent nonprofit organization dedicated to advancing women's progress in the workplace. The Global Brand and Strategic Communications Department plays a crucial role in boosting Catalyst's global presence by enhancing its brand, products, and services. This department is responsible for editing, designing, and producing all materials, as well as managing media relations, marketing opportunities, and social media campaigns. Additionally, they oversee initiatives like the Catalyst CEO Champions for Change. With a mission to accelerate progress for women through workplace inclusion, Catalyst currently employs 116 individuals.
Official website here: www.catalyst.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Catalyst Inc has achieved a high score of 95% on Charity Navigator, reflecting its strong performance in accountability and finance. This rating is primarily based on the organization's excellent management practices, demonstrated by a fully independent board and effective oversight measures. The absence of any material diversion of assets and adherence to financial best practices further bolster its reputation.
The nonprofit excels particularly in its fundraising efficiency, with a cost of only $0.17 to raise a dollar. Its program expense ratio of 66.65% indicates that a significant portion of its budget is allocated directly to its mission, although there is room for improvement in this area. The organization maintains a healthy working capital ratio, ensuring it has sufficient resources to meet its obligations.
However, the compensation of key personnel is notably high, with the President & CEO earning $549,548. While this demonstrates the value placed on leadership, it may raise questions among some donors regarding the alignment of executive pay with the nonprofit's mission. Overall, Catalyst Inc demonstrates a strong commitment to transparency and effective financial management, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Inc legitimate?
Catalyst Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,149,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,519,395
For more financial information, click here
Official website here: www.catalyst.org
What is the mission statement of Catalyst Inc?
Catalyst Inc is a leading non-profit organization with a mission to expedite advancements for women in the workplace through inclusion. Its global brand and strategic communications department plays a crucial role in amplifying Catalyst's impact by enhancing its brand, products, and services. The team is responsible for editing, designing, and producing all materials, as well as increasing public awareness of Catalyst's initiatives. This is accomplished through various means, including media relations, marketing opportunities, and social media campaigns. A notable program under this department is the Catalyst CEO Champions for Change.
Official website here: www.catalyst.org
Who is the CEO of Catalyst Inc?
Lorraine Hariton is the CEO of Catalyst Inc The CEO's salary of Catalyst Inc is $549,548 and their total compensation is $612,632.
Official website here: www.catalyst.org
What is the revenue of Catalyst Inc?
Catalyst Inc's revenue in 2023 was $20,115,847.
Official website here: www.catalyst.org
Who are the executives of Catalyst Inc and what are their salaries?
The average compensation at Catalyst Inc during 2023 was $101,868. There are 144 employees and 44 volunteers at Catalyst Inc.
Here are 59 key members and their salaries (Catalyst Inc's CEO's salary is $549,548 and their total compensation is $612,632):
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Official website here: www.catalyst.org
Where can I find the form 990 for Catalyst Inc?
Catalyst Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.catalyst.org
Learn more at the official website: www.catalyst.org
Mission Statement of Catalyst Inc
Catalyst Inc, a leading nonprofit organization, is on a mission to accelerate progress for women in the workplace through inclusion. With a global brand and strategic communications department at its helm, Catalyst works to increase the organization's visibility and impact on a global scale.
The department is tasked with developing and strengthening Catalyst's brand, products, and services. They are responsible for editing, designing, and producing all publications, collateral materials, and products that represent Catalyst. In addition, this team builds public education and awareness of Catalyst's work through various channels. They engage in media relations, marketing opportunities, and social media campaigns to expand the organization's reach. Furthermore, initiatives like the Catalyst CEO Champions for Change further promote Catalyst's message and mission.
Catalyst's mission to accelerate progress for women in the workplace is achieved by taking a comprehensive approach. By focusing on inclusion, Catalyst addresses the systemic barriers that prevent women from reaching their full potential in the workforce. Through its various programs and initiatives, the organization aims to drive change and create a more inclusive workplace culture for all. Catalyst's mission is a call to action for businesses and individuals to come together and work towards a common goal - a future where women can thrive and succeed in the workplace.
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Impact
October, 2024
Catalyst Inc significantly impacts the advancement of women in the workplace by championing inclusive practices and fostering an environment where female talent can thrive. By advocating for diversity and inclusion, it works to dismantle systemic barriers that hinder women’s progress in various sectors.
Through strategic initiatives like the Catalyst CEO Champions for Change, the organization mobilizes corporate leaders to commit to measurable action, enhancing accountability in promoting gender parity. Catalyst Inc also plays a vital role in raising public awareness around workplace inclusion through robust communication strategies that include media relations, marketing, and social media campaigns.
The organization's focus on creating and disseminating impactful research, products, and resources equips businesses with the tools needed to implement effective diversity strategies. By building a global brand and establishing itself as a thought leader in workplace inclusion, Catalyst Inc not only influences individual organizations but also contributes to a widespread cultural shift towards gender equity in the workplace.
This information is meant to be a general summary of Catalyst Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $707,701
- Program Service Revenue: $5,268,708
- Gross Receipts: $24,786,907
Assets and Liabilities:
- Total Assets: $51,330,663
- Total Liabilities: $11,254,074
- Net Assets: $40,076,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARC LEADERS COHORT/WORKSHOPS
Revenue
$2,133,967
CONFERENCE REVENUE
Revenue
$1,707,041
LEI WORKSHOPS AND SITE LICENSE
Revenue
$802,135
ADVISORY SERVICES
Revenue
$442,250
HONORARIA
Revenue
$183,315
Organization Details
Founding Year
1962
Principal Officer
Lorraine Hariton
Website
www.catalyst.orgNTEE Category
Code: Z99Z - Unknown
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