Overview
What is Catalyst Missions Group Inc?
Catalyst Missions Group Inc is a nonprofit organization based in Sapulpa, Oklahoma, with a mission to connect U.S. Christians and faith-driven organizations with international mission programs in need of support. They primarily focus on missions training, short-term missions trips, and child sponsorship, aiming to fulfill the Great Commission as stated in Matthew 28:18-20. Their work extends to various international projects, ensuring these initiatives continue and grow, as they require partnership support. Additionally, they collaborate with organizations like Compassion International, promoting events like Compassion Sundays, which helped over 500 children get sponsored for education, food, and medical care during 2021. Furthermore, they engage in projects like F.A.R.E, focusing on food allergy awareness in inner-city churches to promote healthier eating habits for African American families and children.
Official website here: www.catalystmissionsgroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating. This rating indicates that Catalyst Missions Group Inc has some strengths in accountability and finance but also significant areas for improvement. The overall score is primarily derived from its accountability and finance metrics, reflecting a focus on financial practices and governance.
The organization exhibits a good level of independence within its board structure, with 60% of board members being independent and a fully independent board size. It has well-defined policies in areas such as conflict of interest and whistleblower protection, which are positives for organizational governance. Additionally, the program expense ratio is strong at 88.59%, suggesting that a substantial portion of its expenses is directed toward its programs.
However, the organization has notable weaknesses, particularly in financial transparency, with a lack of available financial statements and missing tax forms on its website. Furthermore, the liabilities to assets ratio is concerning at over 1369%, indicating potential financial risk. These factors contribute to the overall two-star rating, highlighting the need for improved financial practices and greater transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Missions Group Inc legitimate?
Catalyst Missions Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Missions Group 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: $46,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,000
For more financial information, click here
Official website here: www.catalystmissionsgroup.org
What is the mission statement of Catalyst Missions Group Inc?
Catalyst Missions Group Inc's mission is centered around connecting U.S. Christians and faith-driven organizations with international missions programs and projects. Their primary objective is to support these initiatives that are making a significant impact but require partnership to continue growing. They help navigate the constantly evolving missions landscape and equip organizations with the necessary tools to expand their reach and make a deeper impact in a world in need. This is achieved through strategies such as missions training, short-term missions trips, and child sponsorship.
Official website here: www.catalystmissionsgroup.org
Who is the CEO of Catalyst Missions Group Inc?
James Olson is the President of Catalyst Missions Group Inc.
Official website here: www.catalystmissionsgroup.org
What is the revenue of Catalyst Missions Group Inc?
Catalyst Missions Group Inc's revenue in 2022 was $1,123,415.
Official website here: www.catalystmissionsgroup.org
Who are the executives of Catalyst Missions Group Inc and what are their salaries?
The average compensation at Catalyst Missions Group Inc during 2022 was $31,500. There are 2 employees at Catalyst Missions Group Inc.
Here are 5 key members and their salaries:
- Compensation: $46,000
- Related: $0
- Other: $42,000
- Compensation: $0
- Related: $0
- Other: $36,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.catalystmissionsgroup.org
Where can I find the form 990 for Catalyst Missions Group Inc?
Catalyst Missions Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catalystmissionsgroup.org
Learn more at the official website: www.catalystmissionsgroup.org
Mission Statement of Catalyst Missions Group Inc
Catalyst Missions Group, a nonprofit organization, is dedicated to bridging the gap between U.S. Christians and international missions initiatives that are making a significant impact. Their primary strategies include providing missions training, organizing short-term missions trips, and facilitating child sponsorships. The organization's mission is to assist U.S. Christians, churches, and nonprofit organizations in connecting with international missions programs and projects. These initiatives, although making a difference, often require partnership support to continue and expand their reach. Catalyst Missions Group aids these organizations in navigating the ever-changing global missions landscape and equips them with the necessary tools to extend their reach and impact more profoundly in a world in need.
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Impact
October, 2024
Catalyst Missions Group Inc significantly impacts communities by connecting U.S. Christians and faith-driven organizations with frontline ministry efforts worldwide. Their primary strategies—missions training, short-term missions trips, and child sponsorship—facilitate active participation in fulfilling the Great Commission.
By providing missions training and support, they equip individuals and churches with the necessary tools to effectively engage in local and global missions, adapting to the ever-changing landscape of community needs. Through targeted initiatives, such as sponsoring children, they help provide essential services like education, food, and medical care, thereby transforming lives and fostering hope in disadvantaged communities.
In 2021, for instance, their partnership efforts helped over 500 children receive sponsorship through more than 30 churches, illustrating the tangible benefits of their work. Additionally, their outreach extends to health initiatives, such as promoting awareness of healthier eating within the African American community through collaboration with inner-city churches. Overall, Catalyst Missions Group Inc plays a vital role in nurturing a network of support that not only assists individuals and families in need but also strengthens faith communities by encouraging missionary engagement in meaningful ways.
This information is meant to be a general summary of Catalyst Missions Group 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 2022.
- Program Service Revenue: $1,122,208
- Gross Receipts: $1,123,415
Assets and Liabilities:
- Total Assets: $23,378
- Total Liabilities: $56,844
- Net Assets: -$33,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,122,208
Organization Details
Founding Year
2002
Phone
(844) 422-8259Principal Officer
James Olson
Main Address
PO BOX 1594, SAPULPA, OK, 74067
NTEE Category
Code: X20 - Religion related
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