Overview
What is Catalyst Education Inc?
Catalyst Education Inc, located in New Orleans, Louisiana, is a dedicated nonprofit organization with a mission to harness the collective wisdom in education to fortify schools, school systems, and education-focused nonprofits. Over the years, they have aided 210 such entities, assisting them in identifying and addressing their challenges, thereby enhancing their organizational capacity. This is accomplished through various strategies, including consultations with leaders, connecting them with specialized providers, granting funds for project completion, and capturing valuable lessons post-project. Catalyst Education Inc has expanded its network of providers to 830, ensuring a high success rate of 95% in meeting project goals. Their impactful work in the field of education is evident in the numerous memos and reports they have produced and the launch of their Learning Lab for School Improvement Teams. With a team of 26 employees, Catalyst Education Inc remains committed to promoting equity and excellence in education for all children.
Official website here: www.catalyst-ed.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 85% (Three-Star out of Four Star rating)
Catalyst Education Inc has received a commendable Three-Star rating from Charity Navigator, indicating that the organization demonstrates a solid level of accountability and financial health. The charity achieved an 85% score, highlighting noteworthy strengths such as its independent board members, with 100% independence among its six board members, and a strong program expense ratio of 88.27%, suggesting that a significant portion of its resources is directed toward its mission.
While the organization shows excellent fundraising efficiency and a favorable liabilities-to-assets ratio, there are notable limitations in its governance practices. Specifically, Catalyst Education Inc lacks a whistleblower policy and has not established a document retention and destruction policy, which could enhance its operational transparency and accountability. Despite these shortcomings, the overall financial metrics present a stable and functioning organization.
In summary, Catalyst Education Inc stands out for its effective resource allocation and independent oversight, but the absence of certain governance policies may need to be addressed to further bolster its operational integrity. The organization maintains a healthy financial position, which is crucial for sustaining its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Education Inc legitimate?
Catalyst Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Education 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: $430,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,644,978
For more financial information, click here
Official website here: www.catalyst-ed.org/
What is the mission statement of Catalyst Education Inc?
Catalyst Education Inc's mission is to foster collaboration and utilize expert knowledge in education to enhance the capabilities of schools, school systems, and education nonprofits. Their goal is to promote equity and excellence in education for all children. They achieve this by offering specialized technical assistance to organizations, connecting them with suitable providers, funding projects, and capturing lessons learned through a reflection process. Catalyst Education Inc has expanded its provider network significantly and has seen a high success rate in achieving project goals.
Official website here: www.catalyst-ed.org/
Who is the CEO of Catalyst Education Inc?
Leona Christy is the Ceo of Catalyst Education Inc. The CEO's salary of Catalyst Education Inc is $195,052 and their total compensation is $215,060.
Official website here: www.catalyst-ed.org/
What is the revenue of Catalyst Education Inc?
Catalyst Education Inc's revenue in 2022 was $2,748,210.
Official website here: www.catalyst-ed.org/
Who are the executives of Catalyst Education Inc and what are their salaries?
The average compensation at Catalyst Education Inc during 2022 was $79,807. There are 26 employees at Catalyst Education Inc.
Here are 11 key members and their salaries (Catalyst Education Inc's CEO's salary is $195,052 and their total compensation is $215,060):
- Compensation: $195,052
- Related: $0
- Other: $20,008
- Compensation: $168,843
- Related: $0
- Other: $19,270
- Compensation: $132,087
- Related: $0
- Other: $12,734
- Compensation: $127,155
- Related: $0
- Other: $10,968
- Compensation: $124,960
- Related: $0
- Other: $6,411
- Compensation: $115,099
- Related: $0
- Other: $11,847
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.catalyst-ed.org/
Where can I find the form 990 for Catalyst Education Inc?
Catalyst Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catalyst-ed.org/
Learn more at the official website: www.catalyst-ed.org/
Mission Statement of Catalyst Education Inc
Catalyst Education Inc, a nonprofit organization, is committed to mobilizing and leveraging the collective expertise in education to strengthen schools, school systems, and education nonprofits. Their mission is to ensure equity and excellence for all children by empowering these institutions to build their organizational capacity. To achieve this, Catalyst Education Inc conducts consultations with leaders to diagnose challenges and identify high-leverage projects, facilitates connections with providers with the right skills and experiences, grants funds to support project completion, and captures lessons through a reflection and feedback process. By building out its network of providers to 830, Catalyst Education Inc successfully matched 95% of projects, helping these institutions meet their goals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Catalyst Education Inc has had a significant impact by helping 210 schools, school systems, and education nonprofits connect with and leverage specialized technical assistance to build organizational capacity. They have conducted consultations with organization leaders, facilitated connections with skilled providers, granted funds for projects, and captured lessons learned through reflection and feedback processes. Their work has resulted in 95% of projects meeting their goals and the generation of memos and reports based on their efforts. Additionally, they have launched the Learning Lab for school improvement teams, further enhancing their impact in the education sector.
This information is meant to be a general summary of Catalyst Education 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: $69,500
- Gross Receipts: $2,748,210
Assets and Liabilities:
- Total Assets: $5,677,091
- Total Liabilities: $3,153,135
- Net Assets: $2,523,956
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational support
Revenue
$69,500
Organization Details
Founding Year
2017
Phone
(713) 213-7046Principal Officer
Leona Christy
Main Address
721 Hillary Street 2, New Orleans, LA, 70118
Website
www.catalyst-ed.org/NTEE Category
Code: B02 - Education
If you are a representative of Catalyst Education Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.