Overview
What is Catalyst Ministries Inc?
Catalyst Ministries Inc, situated in Daytona Beach Shores, FL, is a nonprofit organization that focuses on guiding and inspiring Christian men to become dedicated and spiritual parents. The organization offers resources and training to help fathers, regardless of their circumstances, nurture their children's faith and establish a lasting legacy in Christ. One of its initiatives, Malachi Dads, is a fathering discipleship ministry that works to mend and strengthen the bond between incarcerated fathers and their children. Another program, Hannah's Gift, targets incarcerated mothers, helping them foster healthy relationships with their children. Catalyst Ministries Inc's mission is to empower and educate both mothers and fathers in the nurturing and spiritual development of their children, promoting strong family bonds and faith in Christ.
Official website here: www.catalystministriesinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Catalyst Ministries Inc has received an overall score of 83%, indicating a solid performance in accountability and finance. The organization has a fully independent board, with 100% of its members being independent, which is a significant strength. Additionally, it maintains a strong program expense ratio of 77.72%, suggesting that a large portion of its expenses is directed toward its programs.
However, there are notable areas for improvement. Catalyst Ministries is missing key policies such as a whistleblower policy and a document retention and destruction policy, which are critical for maintaining operational transparency and accountability. While there is a documented process for board meeting minutes, the absence of these policies could potentially expose the organization to risks regarding governance and compliance.
Overall, despite some limitations in policy implementation, Catalyst Ministries Inc demonstrates a commitment to transparency and effective financial management, reflected in its strong board composition and program spending. Addressing the noted policy gaps could further enhance its operational integrity and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Ministries Inc legitimate?
Catalyst Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Ministries Inc submitted a form 990EZ, 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.
Official website here: www.catalystministriesinc.com
What is the mission statement of Catalyst Ministries Inc?
Catalyst Ministries Inc's mission is centered around guiding Christian men to become virtuous parents, instilling faith in their children despite their circumstances. The organization offers a program called Malachi Dads, which focuses on rebuilding the bond between incarcerated fathers and their children. Additionally, Hannah's Gift is a part of Catalyst Ministries, designed to help incarcerated mothers establish a healthy relationship with their children. The primary goal of Catalyst Ministries is to equip parents with spiritual tools, enabling them to pass on their faith to the next generation.
Official website here: www.catalystministriesinc.com
Who is the CEO of Catalyst Ministries Inc?
Calvin Sutphin Ii is the President of Catalyst Ministries Inc.
Official website here: www.catalystministriesinc.com
What is the revenue of Catalyst Ministries Inc?
Catalyst Ministries Inc's revenue in 2022 was $106,685.
Official website here: www.catalystministriesinc.com
Who are the executives of Catalyst Ministries Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.catalystministriesinc.com
Where can I find the form 990EZ for Catalyst Ministries Inc?
Catalyst Ministries Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.catalystministriesinc.com
Learn more at the official website: www.catalystministriesinc.com
Mission Statement of Catalyst Ministries Inc
Catalyst Ministries, Inc., a nonprofit organization, is dedicated to inspiring and educating Christian men on their journey to becoming nurturing parents. The mission of this organization is to empower these men, enabling them to instill faith in their children, regardless of their circumstances. This is achieved through their flagship program, Malachi Dads, which aims to mend the bond between incarcerated fathers and their children. Moreover, Hannah's Gift is another initiative that teaches incarcerated mothers how to foster a healthy relationship with their children. Catalyst Ministries, Inc. strives to equip these parents with the necessary tools and spiritual guidance to build a lasting legacy of faith in Christ.
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Impact
October, 2024
Catalyst Ministries Inc has a profound impact on the lives of Christian men and families, particularly those facing challenging circumstances. The organization guides men in their journey to become godly parents, providing them with the tools and teachings necessary to spiritually nurture their children. This focus on intentional parenting helps to establish a legacy of faith in Christ that transcends difficult situations.
Through its programs, such as Malachi Dads, Catalyst Ministries actively works to rebuild and strengthen the relationships between incarcerated fathers and their children. By offering discipleship and support, the organization fosters reconciliation and the potential for transformation within the family unit. Similarly, Hannah's Gift provides critical education to incarcerated mothers, helping them maintain and enhance their relationships with their children.
Located in Daytona Beach Shores, FL, Catalyst Ministries Inc is not just shaping individual lives but is also contributing to the larger community by promoting healthier family dynamics and encouraging the spiritual development of the next generation. By addressing the specific needs of parents in challenging circumstances, the organization plays a crucial role in nurturing faith, love, and connection within families, ultimately impacting society as a whole.
This information is meant to be a general summary of Catalyst Ministries 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.
- Gross Receipts: $106,685
Assets and Liabilities:
- Total Assets: $106,507
- Total Liabilities: $0
- Net Assets: $106,507
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Organization Details
Phone
(304) 539-1097Principal Officer
Calvin Sutphin Ii
Main Address
1925 S ATLANTIC AVE 807, DAYTONA BEACH SHORES, FL, 32118
NTEE Category
Code: X99 - Religion related
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