Overview
What is Catalyst Campus For Technology And Innovation Inc?
Catalyst Campus for Technology and Innovation Inc, based in Colorado Springs, Colorado, serves as a collaborative space for technology and defense companies, as well as the federal government, state governments of Colorado, Utah, and Maryland. This nonprofit fosters an ecosystem where industry, small businesses, workforce training, entrepreneurs, startups, and venture capital intersect with Colorado's aerospace and defense industry. The purpose is to build a community, stimulate innovation, and foster business growth, ultimately benefiting various sectors associated with technology and defense. The organization employs 61 individuals, contributing to this collaborative endeavor.
Official website here: www.catalystcampus.org
What are the reviews and ratings of this charity?
**: Needs Improvement**ment**
Catalyst Campus For Technology And Innovation Inc has received a rating of 67% from Charity Navigator, earning it a Two-Star out of Four Stars designation. This score is derived solely from their Accountability & Finance metrics, which highlights both strengths and significant areas for improvement. The organization has demonstrated strong independence among board members and received full points for financial audits and material diversions; however, it lacks several essential governance policies.
The nonprofit has strengths that include a high program expense ratio of approximately 85.73%, which indicates that a significant portion of their expenses is allocated towards their programs. However, critical governance policies such as conflict of interest, whistleblower, and document retention policies are missing, which could undermine transparency and accountability.
User reviews from GreatNonprofits could not be fetched, so no additional insights from the public are available. Overall, while Catalyst Campus shows promise in financial accountability, it must address its governance shortcomings to enhance its credibility and effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Catalyst Campus For Technology And Innovation Inc?
92% of reviewers on Facebook recommend Catalyst Campus For Technology And Innovation Inc. Here's a brief overview of their comments:
Many individuals express enthusiasm for the opportunities that Catalyst Campus is creating in Colorado Springs. Users are particularly excited about the potential for innovation and growth within the local community. There’s a strong sentiment that the organization is helping residents achieve their aspirations without needing to relocate elsewhere.
Overall, the nonprofit appears to be making a positive impact, fostering an environment that inspires success and collaboration. The optimism displayed by reviewers indicates that Catalyst Campus effectively aligns with the dreams and ambitions of the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Catalyst Campus For Technology And Innovation Inc legitimate?
Catalyst Campus For Technology And Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Campus For Technology And Innovation 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: $1,317,136
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,196,387
For more financial information, click here
Official website here: www.catalystcampus.org
What is the mission statement of Catalyst Campus For Technology And Innovation Inc?
Catalyst Campus for Technology and Innovation Inc. serves as a collaborative environment, bringing together various sectors such as industry, small businesses, workforce training, entrepreneurs, startups, and venture capital. The primary goal is to foster a community, stimulate innovation, and accelerate business growth, with a particular focus on the aerospace and defense industry. By providing a collaborative space for technology and defense companies, as well as federal government entities, Catalyst Campus aims to spark innovation and facilitate business growth. The organization plays a crucial role in connecting these entities, thereby fostering a supportive ecosystem that cultivates innovation and business expansion.
Official website here: www.catalystcampus.org
Who is the CEO of Catalyst Campus For Technology And Innovation Inc?
Patrick Barrett is the Ceo of Catalyst Campus For Technology And Innovation Inc. The CEO's salary of Catalyst Campus For Technology And Innovation Inc is $199,568 and their total compensation is $199,568.
Official website here: www.catalystcampus.org
What is the revenue of Catalyst Campus For Technology And Innovation Inc?
Catalyst Campus For Technology And Innovation Inc's revenue in 2022 was $10,398,228.
Official website here: www.catalystcampus.org
Who are the executives of Catalyst Campus For Technology And Innovation Inc and what are their salaries?
The average compensation at Catalyst Campus For Technology And Innovation Inc during 2022 was $57,599. There are 61 employees and 5 volunteers at Catalyst Campus For Technology And Innovation Inc.
Here are 19 key members and their salaries (Catalyst Campus For Technology And Innovation Inc's CEO's salary is $199,568 and their total compensation is $199,568):
- Compensation: $271,303
- Related: $0
- Other: $0
- Compensation: $199,568
- Related: $0
- Other: $0
- Compensation: $162,346
- Related: $0
- Other: $0
- Compensation: $159,877
- Related: $0
- Other: $0
- Compensation: $139,811
- Related: $0
- Other: $0
- Compensation: $115,458
- Related: $0
- Other: $0
- Compensation: $103,352
- Related: $0
- Other: $0
- Compensation: $102,421
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- 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.catalystcampus.org
Where can I find the form 990 for Catalyst Campus For Technology And Innovation Inc?
Catalyst Campus For Technology And Innovation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catalystcampus.org
Learn more at the official website: www.catalystcampus.org
Mission Statement of Catalyst Campus For Technology And Innovation Inc
Catalyst Campus For Technology And Innovation Inc serves as a collaborative ecosystem, bringing together various entities such as industry, small businesses, workforce training programs, entrepreneurs, startups, and venture capital. This convergence aims to foster community, stimulate innovation, and promote business growth within Colorado's aerospace and defense industry. Essentially, the organization's mission is to facilitate interactions and collaborations between these diverse entities, thereby creating an environment conducive to innovation and business expansion.
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Impact
July, 2024
Catalyst Campus For Technology And Innovation Inc is a hub where industry, small businesses, workforce training programs, entrepreneurs, startups, and venture capital converge with Colorado's aerospace and defense sector. This collaborative ecosystem aims to foster community, drive innovation, and catalyze business growth. By providing collaborative space and support to technology and Department of Defense (DOD) companies, as well as federal and state government entities from Colorado, Utah, and Maryland, Catalyst Campus plays a pivotal role in accelerating technology development and economic progress in the region. As a result, the organization's impact extends beyond local boundaries, contributing to international engagements and partnerships.
This information is meant to be a general summary of Catalyst Campus For Technology And Innovation 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: $6,982,284
- Gross Receipts: $10,398,228
Assets and Liabilities:
- Total Assets: $1,408,685
- Total Liabilities: $1,596,562
- Net Assets: -$187,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Support & Space for Techn
Revenue
$6,982,284
Organization Details
Founding Year
2018
Phone
(719) 455-5054Principal Officer
Patrick Barrett
Main Address
555 E PIKES PEAK AVE 120, COLORADO SPRINGS, CO, 80903
Website
www.catalystcampus.orgNTEE Category
Code: Q43 - International
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