Overview
What is Catalyst Family Inc?
Catalyst Family Inc, based in Morgan Hill, California, is a nonprofit organization dedicated to serving communities, families, and children. They offer responsive services through approximately 159 centers in the state, providing child care through center-based, migrant child care, pre-school, and extended day programs. Catalyst Family Inc employs a team of over 1500 individuals and serves around 7,114 children every month. Their mission aligns with the belief that every child deserves access to quality care and education, ensuring their development and well-being.
Official website here: www.catalystkids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Catalyst Family Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial management. With an impressive score of 81 in Accountability & Finance and high marks in Leadership & Adaptability and Culture & Community, the organization demonstrates a strong commitment to ethical governance and community engagement. The program expense ratio of 89.23% suggests that a significant portion of funds is directed towards programs benefiting the community.
The organization's independent board consists of 77% independent members, ensuring diverse perspectives in decision-making. They have scored full points in areas such as financial oversight, conflict of interest policies, and feedback collection and usage, highlighting their dedication to transparency and responsiveness to stakeholder input. The lack of material asset diversion and a well-documented governance framework further bolster their credibility.
However, the Liabilities to Assets Ratio received a low score of 0 out of 15 points, indicating potential financial risks that may need addressing. Overall, while Catalyst Family Inc showcases many strengths, potential stakeholders should consider reviewing their financial health more closely.
This AI summary has been generated from information found on Charity Navigator.
Is Catalyst Family Inc legitimate?
Catalyst Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Family 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: $884,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,948,620
For more financial information, click here
Official website here: www.catalystkids.org
What is the mission statement of Catalyst Family Inc?
Catalyst Family Inc is dedicated to delivering responsive services that cater to the needs of communities, families, and children. Their mission revolves around providing effective solutions that benefit these groups. Specifically, they offer child care services through center-based programs, including migrant child care, pre-school, and extended day programs. Catalyst Family Inc serves a significant number of children each month, approximately 7,114. Their commitment to communities extends beyond California, making a positive impact on the lives of numerous families and children.
Official website here: www.catalystkids.org
Who is the CEO of Catalyst Family Inc?
Susan Dumars is the President of Catalyst Family Inc.
Official website here: www.catalystkids.org
What is the revenue of Catalyst Family Inc?
Catalyst Family Inc's revenue in 2022 was $83,614,943.
Official website here: www.catalystkids.org
Who are the executives of Catalyst Family Inc and what are their salaries?
The average compensation at Catalyst Family Inc during 2022 was $27,186. There are 1502 employees at Catalyst Family Inc.
Here are 17 key members and their salaries:
- Compensation: $288,454
- Related: $0
- Other: $13,887
- Compensation: $1,350
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $246,919
- Related: $0
- Other: $8,397
- Compensation: $169,357
- Related: $0
- Other: $22,485
- Compensation: $166,593
- Related: $0
- Other: $0
- Compensation: $141,954
- Related: $0
- Other: $0
- Compensation: $129,610
- Related: $0
- Other: $0
- Compensation: $124,159
- Related: $0
- Other: $6,822
- Compensation: $121,403
- Related: $0
- Other: $8,397
- Compensation: $138,525
- Related: $0
- Other: $4,198
Official website here: www.catalystkids.org
Where can I find the form 990 for Catalyst Family Inc?
Catalyst Family Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catalystkids.org
Learn more at the official website: www.catalystkids.org
Mission Statement of Catalyst Family Inc
Catalyst Family Inc, a devoted nonprofit organization, is committed to delivering responsive services for the benefit of communities, families, and children. Their mission is grounded in the belief that every child deserves access to quality child care. To actualize this, Catalyst Family Inc operates approximately 159 centers across California, providing center-based child care, pre-school, and extended day programs for around 7,114 children every month. By offering these essential services, they ensure that parents can focus on their work or other responsibilities, while their children receive the care and education they need to thrive. Catalyst Family Inc's responsive approach to meeting the needs of families and children is a testament to their unwavering dedication to making a positive impact on the lives of those they serve.
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Impact
October, 2024
Catalyst Family Inc has a significant impact on communities by offering vital services that cater to the needs of families and children. Operating approximately 159 centers across California, they provide child care through center-based programs, migrant child care, preschool, and extended day programs. This initiative serves around 7,114 children each month, addressing the essential need for quality education and care in the community.
By focusing on responsive services, Catalyst Family Inc not only supports child development and education but also fosters a nurturing environment for families. Their commitment to education helps improve access and opportunities for children, ultimately benefiting the wider community by enabling parents to pursue work and education with peace of mind. This holistic approach ensures that families receive the support they need to thrive, positively influencing the socio-economic landscape of the areas they serve.
This information is meant to be a general summary of Catalyst Family 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: $23,726,482
- Gross Receipts: $83,614,943
Assets and Liabilities:
- Total Assets: $34,560,028
- Total Liabilities: $26,488,162
- Net Assets: $8,071,866
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$23,726,482
Organization Details
Founding Year
1975
Phone
(408) 556-7300Principal Officer
Susan Dumars
Main Address
350 WOODVIEW AVE STE 100, MORGAN HILL, CA, 95037
Website
www.catalystkids.orgNTEE Category
Code: B210 - Education
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