CATALYST SCHOOLS: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CATALYST SCHOOLS (EIN 20-4069346)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202401359349312085
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T20:22:57-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 S Patterson BlvdAddressLine1Txt
CityDaytonCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN204069346EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Catalyst SchoolsBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCATABusinessNameControlTxt
Phone7732957001PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16727 S California AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60629ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGordon HannonPersonNm
Person TitleCEOPersonTitleTxt
Phone7732957001PhoneNum
Signature2024-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGordonPersonFirstNm
Person LastHannonPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKaren O CrimPreparerPersonNm
PTINP00368385PTIN
Phone9372980201PhoneNum
Preparation2024-05-03PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGordon HannonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16727 S California AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60629ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,916,993GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.catalystschools.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionCatalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee454TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$273,574PYContributionsGrantsAmt
CY Contributions Grants$471,427CYContributionsGrantsAmt
PY Program Service Revenue$27,352,960PYProgramServiceRevenueAmt
CY Program Service Revenue$28,128,752CYProgramServiceRevenueAmt
PY Investment Income$30,493PYInvestmentIncomeAmt
CY Investment Income$121,137CYInvestmentIncomeAmt
PY Other Revenue$139,295PYOtherRevenueAmt
CY Other Revenue$195,677CYOtherRevenueAmt
PY Total Revenue$27,796,322PYTotalRevenueAmt
CY Total Revenue$28,916,993CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$19,818,424PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$22,465,655CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,767CYTotalFundraisingExpenseAmt
PY Other Expenses$7,525,679PYOtherExpensesAmt
CY Other Expenses$7,008,024CYOtherExpensesAmt
PY Total Expenses$27,344,103PYTotalExpensesAmt
CY Total Expenses$29,473,679CYTotalExpensesAmt
PY Revenues Less Expenses$452,219PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$556,686CYRevenuesLessExpensesAmt
Total Assets BOY$24,090,259TotalAssetsBOYAmt
Total Assets EOY$23,138,451TotalAssetsEOYAmt
Total Liabilities BOY$11,238,798TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,435,302TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,851,461NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,703,149NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCatalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$18,659,378ExpenseAmt
Grant$0GrantAmt
Revenue$19,042,333RevenueAmt
DescCatalyst Maria Charter School is a Kindergarten through 12th grade school in the Chicago Lawn neighborhood. The school operates two classrooms at each grade level, Kindergarten through 8th with approximately 30 students per class (60 students per grade) and approximately 540 9th - 12th grade students.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$9,569,404ExpenseAmt
Grant$0GrantAmt
Revenue$9,124,917RevenueAmt
DescCatalyst Schools partner with urban communities to offer college-preparatory K-12 education. Each child is given a rigorous academic program suited to his or her needs. In addition, Catalyst helps each child develop positive character traits that will help him or her be an asset and change agent in the community. Catalyst's goal is to provide a quality educational choice to families who experience the effects of economic difficulty and who have not been adequately served by existing educational institutions so their children will ultimately graduate from college. Catalyst has two campuses.Circle Rock Elementary School is a Kindergarten through 8th grade school in the Austin neighborhood and opened in fall 2007 in a building leased from a former private school which was purchased in fiscal year 2018. The school operates two classrooms at each grade level with approximately 27 students per class (54 students per grade).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$0ExpenseAmt
Grant$0GrantAmt
Revenue$25,266RevenueAmt
DescThe Kehrein Center for the Arts (Center) is an auditorium on the Catalyst Circle Rock campus and started operations in fiscal year 2020. The Center is used for student activities in addition to being available to the public for cultural activities.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$28,228,782TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document45IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee454EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGordon HannonPersonNm
Phone7732957001PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16727 S California AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60629ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Larry Williams
Chairman1.00Yes (X)Yes (X)$0$0$0
Steven Brown
Director1.00Yes (X)Yes (X)$0$0$0
Yuan-Ying Hsu
Finance Committee Chair & Treasurer1.00Yes (X)Yes (X)$0$0$0
Mitze Moore
Director1.00Yes (X)Yes (X)$0$0$0
Catherine Burns
Academic Committee Chair1.00Yes (X)$0$0$0
Steven D'Souza
Director1.00Yes (X)$0$0$0
Kimberly Hinton
Director1.00Yes (X)$0$0$0
Rick Hurd
Director1.00Yes (X)$0$0$0
Andrew Jones
Director1.00Yes (X)$0$0$0
Ariel Murray
Director1.00Yes (X)$0$0$0
Monica Smith
Director1.00Yes (X)$0$0$0
Velia Soto
Director1.00Yes (X)$0$0$0
Terence Toth
Director1.00Yes (X)$0$0$0
Claiborne Wade
Director1.00Yes (X)$0$0$0
Gordon Hannon
CEO40.00Yes (X)$215,170$0$42,514
Michele Nunez
Director of Finance and Compliance40.00Yes (X)$141,132$0$14,347
Dawn Donati Sandoval
High School Principal40.00$179,574$0$35,635Yes (X)
Elizabeth A Jamison-Dunn
Principal40.00$143,838$0$34,751Yes (X)
Michael Kasang
Director of Administration40.00$137,124$0$30,645Yes (X)
Imran Shamim
Director of Information Technology40.00$137,969$0$12,915Yes (X)
Edmund Siderewicz
Dir. of External Relations & Mission40.00$132,887$0$17,818Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,087,694TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$188,625TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K18IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Back Office Staffing
PO Box 742890AtlantaGA30374Speech Language Pathologist & Special Ed$297,044
Maxim Healthcare Services Inc
12558 Collections Center DrChicagoIL60693Speech Language Pathologist$203,113
FoxHire
PO Box 33049DetroitMI48232Special Education Teacher & Occupational$146,901
Rose Educators LLC
PO Box 4210PortsmouthNH03802Substitute Teachers$110,596
Progressus Therapy LLC
PO Box 639045CincinnatiOH45263Psychologist$102,797
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Fundraising$1,213FundraisingAmt
All Other Contributions$470,214AllOtherContributionsAmt
Noncash Contributions$100,478NoncashContributionsAmt
Total Contributions$471,427TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Government Fees for Services900099$27,789,280$27,789,280
Student Fees900099$339,472$339,472
FieldValueIRS element (for citing)
Total Program Service Revenue$28,128,752TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$121,137TotalRevenueColumnAmt
Exclusion$121,137ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$63,764RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$63,764RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$63,764TotalRevenueColumnAmt
Related Or Exempt Func Income$63,764RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,213ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Unemployment COVID credit900099$55,690$55,690
KCAF management agreement900099$45,000$45,000

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,223TotalRevenueColumnAmt
Exclusion$31,223ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$131,913OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,916,993TotalRevenueColumnAmt
Related Or Exempt Func Income$28,192,516RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$253,050ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$423,918TotalAmt
Program Services$408,536ProgramServicesAmt
Management And General$15,382ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$19,335,052TotalAmt
Program Services$18,650,988ProgramServicesAmt
Management And General$684,064ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$448,867TotalAmt
Program Services$430,253ProgramServicesAmt
Management And General$18,614ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,655,461TotalAmt
Program Services$1,580,171ProgramServicesAmt
Management And General$75,290ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$602,357TotalAmt
Program Services$581,176ProgramServicesAmt
Management And General$21,181ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$23,702TotalAmt
Management And General$23,702ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$125,561TotalAmt
Management And General$125,561ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$285,883TotalAmt
Program Services$129,965ProgramServicesAmt
Management And General$155,918ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$25,702TotalAmt
Program Services$7,935ProgramServicesAmt
Fundraising$17,767FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$457,021TotalAmt
Program Services$438,455ProgramServicesAmt
Management And General$18,566ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$520,629TotalAmt
Program Services$494,816ProgramServicesAmt
Management And General$25,813ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,424,440TotalAmt
Program Services$1,424,440ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$136,363TotalAmt
Program Services$136,363ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,042,176TotalAmt
Program Services$1,042,176ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$186,585TotalAmt
Program Services$186,585ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Student Services$894,492$894,492
Education Admin.$805,986$799,044$6,942
Extra Curriculars$610,439$610,439
Professional Developmen$366,794$333,509$33,285

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$102,251TotalAmt
Program Services$79,439ProgramServicesAmt
Management And General$22,812ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$29,473,679TotalAmt
Program Services$28,228,782ProgramServicesAmt
Management And General$1,227,130ManagementAndGeneralAmt
Fundraising$17,767FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,137,776BOYAmt
EOY$3,328,050EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,048,216EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,501,791BOYAmt
EOY$930,741EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$184,921BOYAmt
EOY$13,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$28,143,694LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,325,250LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,270,452BOYAmt
EOY$16,818,444EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$995,319BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,090,259BOYAmt
EOY$23,138,451EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,649,122BOYAmt
EOY$2,566,486EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$53,641BOYAmt
EOY$29,710EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,536,035BOYAmt
EOY$7,839,106EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,238,798BOYAmt
EOY$10,435,302EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,831,211BOYAmt
EOY$12,662,126EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,250BOYAmt
EOY$41,023EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,851,461BOYAmt
EOY$12,703,149EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,090,259BOYAmt
EOY$23,138,451EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$556,686ReconcilationRevenueExpnssAmt
Prior Period Adjustments$408,374PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,969,855OtherCostOrOtherBasisAmt
Book Value$1,969,855BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,889,608OtherCostOrOtherBasisAmt
Depreciation$3,686,547DepreciationAmt
Book Value$14,203,061BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,227,818OtherCostOrOtherBasisAmt
Depreciation$940,600DepreciationAmt
Book Value$287,218BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,056,413OtherCostOrOtherBasisAmt
Depreciation$6,698,103DepreciationAmt
Book Value$358,310BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,818,444TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$29,065,503TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$148,510DonatedServicesAndUseFcltsAmt
Revenue Not Reported$148,510RevenueNotReportedAmt
Revenue Subtotal$28,916,993RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,916,993TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$29,622,189TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$148,510DonatedServicesUseFcltsAmt
Expenses Not Reported$148,510ExpensesNotReportedAmt
Expenses Subtotal$29,473,679ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$29,473,679TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationCatalyst is organized exclusively for charitable, educational and religious purposes and is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. Net unrelated business income for the years ended June 30, 2023 and 2022, was not significant. Catalyst follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Catalyst may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Catalyst and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Catalyst files forms 990 in the U.S. federal jurisdiction and the State of Illinois.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3At the Catalyst Schools, we believe every child possesses inherent value and potential regardless of background, educational level, or life circumstances. The Organization provides a link on the front page of its website which leads to the organization's nondiscrimination policy.
Schedule E, Part I, Line 6The Organization receives assistance from local, state and federal government sources.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Gordon Hannon
CEO$195,070$0$20,100$0$0$0$29,605$0$12,909$0$257,684$0$0$0
Dawn Donati Sandoval
High School Principal$157,974$0$21,600$0$0$0$31,280$0$4,355$0$215,209$0$0$0
Elizabeth A Jamison-Dunn
Principal$132,738$0$11,100$0$0$0$26,442$0$8,309$0$178,589$0$0$0
Michael Kasang
Director of Administration$127,024$0$10,100$0$0$0$25,090$0$5,555$0$167,769$0$0$0
Michele Nunez
Director of Finance and Compliance$129,532$0$11,600$0$0$0$7,039$0$7,308$0$155,479$0$0$0
Imran Shamim
Director of Information Technology$123,269$0$14,700$0$0$0$6,666$0$6,249$0$150,884$0$0$0
Edmund Siderewicz
Dir. of External Relations & Mission$126,787$0$6,100$0$0$0$4,065$0$13,753$0$150,705$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 7FormAndLineReferenceDesc
ExplanationCatalyst Schools paid bonuses during 2022, some of which are reported on Part II, column (B)(ii). These bonuses were determined based on performance and were approved by the discretion of either the Principals, CEO, or Board of Directors.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescImputed InterestDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$100,478NoncashContributionsRptF990Amt
Method Of Determining RevenuesCostMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Column (b):FormAndLineReferenceDesc
ExplanationRepresents the number of contributions.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bForm 990 is reviewed by the Treasurer and the Finance Committee of the Board prior to filing.
Form 990, Part VI, Section B, line 12cThe Catalyst Board Manual and Catalyst Employee Handbook addresses the Board members/employees responsibilities to raise any possible conflict of interest. The Catalyst Code of Ethics, Conflict of Interest, and Whistleblower policies are acknowledged annually by employees and Board members.
Form 990, Part VI, Section B, line 15The compensation of the CEO and other officers is reviewed by the Board annually. Comparability data is reviewed for all employees. Minutes are kept documenting the discussions setting officer compensation. All compensation is ultimately reviewed by the Board as part of the annual budget process. A Board vote is taken on the approval of the annual budget, which is documented on the finance committee board minutes and posted on Catalyst Schools' website.
Form 990, Part VI, Section C, line 19The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).

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