Overview
What is Catalyst Schools?
Catalyst Schools is a nonprofit organization based in Chicago, Illinois, specifically at 6727 S California Ave, with a total workforce of 423 employees. They operate tuition-free public grade schools and high schools, catering to students and families residing in low-income communities of Chicago. The schools provide education for students from kindergarten through 12th grade, with around 60 students per grade in the lower levels and 540 students in the higher grades. Catalyst Schools' mission is to deliver top-tier education to children from underprivileged backgrounds.
Official website here: www.catalystschools.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Catalyst Schools has achieved a high score of 96% on Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates the organization is managing its resources effectively and transparently, which is essential for building trust with donors and stakeholders.
The nonprofit boasts a fully independent board of directors, which is crucial for maintaining unbiased governance. Additionally, it has a solid financial structure, with a program expense ratio of 95.77%, meaning that a significant majority of its expenses directly support its programs. The presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further enhances its operational integrity.
While the data showcases many organizational strengths, limitations have not been highlighted in the available information. Overall, the high ratings imply that Catalyst Schools is well-positioned to continue its mission effectively while adhering to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Schools legitimate?
Catalyst Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Schools 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: $391,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,121,947
For more financial information, click here
Official website here: www.catalystschools.org
What is the mission statement of Catalyst Schools?
Catalyst Schools are dedicated to running tuition-free public grade schools and high schools, serving communities with low-income families in Chicago. Their commitment is to deliver quality education, ensuring students and their families receive an excellent educational experience. Catalyst Schools operate classrooms for students from Kindergarten through 12th grade, with a focus on smaller class sizes to facilitate individual attention and growth. Each grade level typically has two classrooms, accommodating approximately 60 students per grade in the elementary years and around 540 students in the high school years.
Official website here: www.catalystschools.org
Who is the CEO of Catalyst Schools?
Gordon Hannon is the Chairman Until 12/31/21 of Catalyst Schools. The CEO's salary of Catalyst Schools is $191,018 and their total compensation is $235,354.
Official website here: www.catalystschools.org
What is the revenue of Catalyst Schools?
Catalyst Schools's revenue in 2022 was $27,796,322.
Official website here: www.catalystschools.org
Who are the executives of Catalyst Schools and what are their salaries?
The average compensation at Catalyst Schools during 2022 was $41,402. There are 423 employees and 20 volunteers at Catalyst Schools.
Here are 21 key members and their salaries (Catalyst Schools's CEO's salary is $191,018 and their total compensation is $235,354):
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- Compensation: $191,018
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- Compensation: $137,872
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- Compensation: $126,286
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- Other: $20,282
- Compensation: $113,071
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- Other: $29,401
Official website here: www.catalystschools.org
Where can I find the form 990 for Catalyst Schools?
Catalyst Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catalystschools.org
Learn more at the official website: www.catalystschools.org
Mission Statement of Catalyst Schools
Catalyst Schools, a nonprofit organization, is dedicated to operating tuition-free public grade schools and high schools in low-income communities of Chicago. The mission of Catalyst Schools is to provide quality education for students and families, ensuring they have access to opportunities that foster growth and success.
Throughout the organization, Catalyst Schools operate schools that cater to students from kindergarten to 12th grade. Each grade level consists of two classrooms, accommodating around 60 students per grade in the lower grades and approximately 540 students in the high school. The educational environment is designed to empower students from disadvantaged backgrounds, enabling them to reach their full potential.
At Catalyst Schools, every student receives individualized attention, fostering a learning experience tailored to their unique needs. The schools offer a rigorous academic curriculum, ensuring students are well-equipped to excel both academically and socially. The commitment to quality education extends beyond the classroom, as Catalyst Schools also provide essential resources and support services to families. By focusing on the education and well-being of students and their families, Catalyst Schools are making a significant impact in the lives of countless children in Chicago's low-income communities.
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Impact
October, 2024
Catalyst Schools significantly impacts the educational landscape in low-income communities of Chicago by providing quality, tuition-free education. With a focus on fostering success and academic achievement, Catalyst Maria Charter School serves students from Kindergarten through 12th grade in the Chicago Lawn neighborhood, catering to approximately 540 high school students and around 60 students per grade in elementary levels.
By establishing an environment that prioritizes educational excellence and supportive learning, Catalyst Schools not only enhance academic opportunities but also empower families and elevate community aspirations. The structured classroom setting, with a manageable student-to-teacher ratio, allows for personalized attention and support, fostering student engagement and academic growth. Overall, Catalyst Schools play a crucial role in breaking barriers to quality education for students in underserved areas, promoting equity and opportunity throughout Chicago.
This information is meant to be a general summary of Catalyst Schools. 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 2022.
- Investment Income: $30,493
- Program Service Revenue: $27,352,960
- Gross Receipts: $27,796,322
Assets and Liabilities:
- Total Assets: $24,090,259
- Total Liabilities: $11,238,798
- Net Assets: $12,851,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government Fees for Services
Revenue
$27,078,155
Student Fees
Revenue
$274,805
Organization Details
Founding Year
2005
Phone
(773) 295-7001Principal Officer
Gordon Hannon
Main Address
6727 S California Ave, Chicago, IL, 60629
Website
www.catalystschools.orgNTEE Category
Code: B240 - Education
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