Catalyst Trust Of Indiana

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842380618 ✦ Alpharetta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Catalyst Trust Of Indiana?

Catalyst Trust of Indiana is a nonprofit organization, headquartered in Alpharetta, Georgia, with a postal address. Their primary mission is to establish a flexible giving, growing, and granting entity. This entity aims to make local, missional investments in transformative community ventures. By doing so, they aim to fund and facilitate these ventures, contributing to the betterment of their local community. The organization's activities and mission revolve around supporting and fostering these community-driven projects, working towards positive change in the local area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating

Catalyst Trust of Indiana has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The high score indicates that the organization maintains transparent practices, particularly in governance and financial management, which are crucial for fostering trust among donors and stakeholders.

The organization boasts a majority independent board, with 85% of its members meeting this criterion, which enhances its decision-making integrity. Additionally, it has demonstrated effective asset management with a negligible liabilities to assets ratio of 0.77% and a robust program expense ratio of 84.94%, illustrating that a significant portion of its funds are directed towards its mission-related activities.

While the nonprofit's overall performance is impressive, there may be challenges in expanding its outreach or program diversity, which are not explicitly addressed in the rating. Nonetheless, the strong financial practices and governance policies in place position Catalyst Trust of Indiana as a reliable entity within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Catalyst Trust Of Indiana legitimate?

Catalyst Trust Of Indiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Trust Of Indiana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Catalyst Trust Of Indiana?

The mission of Catalyst Trust Of Indiana is to establish a flexible give-grow-grant entity, serving to make local mission-driven investments. This entity aims to fund and facilitate transformative community ventures, promoting growth and development. By doing so, Catalyst Trust Of Indiana seeks to contribute to significant changes in local communities, fostering progress and development.

Who is the CEO of Catalyst Trust Of Indiana?

Greg James is the Secretary/Trustee of Catalyst Trust Of Indiana. The CEO's salary of Catalyst Trust Of Indiana is $0 and their total compensation is $0.

What is the revenue of Catalyst Trust Of Indiana?

Catalyst Trust Of Indiana's revenue in 2022 was $30,186.

Who are the executives of Catalyst Trust Of Indiana and what are their salaries?


Here are 11 key members and their salaries (Catalyst Trust Of Indiana's CEO's salary is $0 and their total compensation is $0):


Jeanne Mcmains Partial Year (Secretary/Trustee)
  • Compensation: $0
  • Related: $253,223
  • Other: $37,754
Greg James (Ceo/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Layne Hoekema (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilee Springer Partial Year (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Googasian Partial Year (Secretary/Trustee)
  • Compensation: $0
  • Related: $200,724
  • Other: $7,341
Carl Chapman Partial Year (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen M Lewis Partial Year (Trustee)
  • Compensation: $0
  • Related: $168,827
  • Other: $11,068
Kyle Defur Partial Year (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana E Ring (Former Trustee)
  • Compensation: $0
  • Related: $203,679
  • Other: $16,896
Where can I find the form 990 for Catalyst Trust Of Indiana?

Catalyst Trust Of Indiana's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Catalyst Trust Of Indiana

Catalyst Trust of Indiana is committed to establishing a versatile entity that facilitates local, missional investments. This organization aims to fund and support transformative community ventures. By operating as a give-grow-grant entity, Catalyst Trust of Indiana seeks to make a significant impact in various local communities, fostering change and growth through its investments.

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Impact




August, 2024

Catalyst Trust of Indiana's impact can be seen in its mission to create a flexible give-grow-grant entity for making local missional investments to fund and facilitate transformative community ventures. By channeling resources towards these initiatives, Catalyst Trust of Indiana contributes to positive change and community development in a sustainable and impactful way. This focus on philanthropy underscores its commitment to driving meaningful and lasting improvements in the areas it serves.




This information is meant to be a general summary of Catalyst Trust Of Indiana. 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.

Revenue
$30,186 (2022)
Expenses
$57,694 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,300
  • Gross Receipts: $30,186

Assets and Liabilities:

  • Total Assets: $595,256
  • Total Liabilities: $5,972
  • Net Assets: $589,284

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Organization Details

Founding Year

2019

Principal Officer

Greg James

Main Address

PO BOX 524, ALPHARETTA, GA, 300090524

NTEE Category

Code: T31 - Philanthropy

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