BETA

CATALYST SCHOOLS: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
CATALYST SCHOOLS (EIN 20-4069346)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-02-07
IRS object ID
201710389349301451
Schema version
2015v3.0
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)
Return2017-02-07T13:04:47-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

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 Line11 S WACKER DRIVE STE 800AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

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
Phone7738900233PhoneNum

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
Phone7738900233PhoneNum
Signature2017-02-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWayne HarderPreparerPersonNm
PTINP00294296PTIN
Phone3126343400PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$20,342,571GrossReceiptsAmt
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 committed to providing quality education for students and families in low income communities of Chicago.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee485TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,858,154PYContributionsGrantsAmt
CY Contributions Grants$756,839CYContributionsGrantsAmt
PY Program Service Revenue$21,742,801PYProgramServiceRevenueAmt
CY Program Service Revenue$19,485,771CYProgramServiceRevenueAmt
PY Investment Income$1,244PYInvestmentIncomeAmt
CY Investment Income-$126,096CYInvestmentIncomeAmt
PY Other Revenue$93,084PYOtherRevenueAmt
CY Other Revenue$62,818CYOtherRevenueAmt
PY Total Revenue$23,695,283PYTotalRevenueAmt
CY Total Revenue$20,179,332CYTotalRevenueAmt
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$16,165,495PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$13,633,620CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$41,499CYTotalFundraisingExpenseAmt
PY Other Expenses$7,242,945PYOtherExpensesAmt
CY Other Expenses$5,663,505CYOtherExpensesAmt
PY Total Expenses$23,408,440PYTotalExpensesAmt
CY Total Expenses$19,297,125CYTotalExpensesAmt
PY Revenues Less Expenses$286,843PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$882,207CYRevenuesLessExpensesAmt
Total Assets BOY$14,906,345TotalAssetsBOYAmt
Total Assets EOY$15,152,329TotalAssetsEOYAmt
Total Liabilities BOY$8,421,091TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,784,868TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,485,254NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,367,461NetAssetsOrFundBalancesEOYAmt
MissionCatalyst Schools operate tuition free public grade schools committed to providing quality education for students and families in low income communities of Chicago.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$18,028,028ExpenseAmt
Revenue$19,485,771RevenueAmt
DescCatalyst Schools provide a quality, public education for Kindergarten-12th Grade to low-income, at-risk children in Chicago. Catalyst Schools are guided by a mission where scholars are holistically educated by a school community committed to "Teaching minds and touching hearts." We nurture well-rounded scholars with bright academic, professional, and personal futures that will become change agents for their communities and world.Desc
Total Program Service Expenses$18,028,028TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 ActivitiesYes (1)FundraisingActivitiesInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
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 Document24IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee485EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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
Phone7738905815PhoneNum

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
Dr Colleen Reardon
Chairman1.00Yes (X)Yes (X)$0$0$0
Mark Parker
Vice Chair1.00Yes (X)Yes (X)$0$0$0
Steven Brown
Treasurer1.00Yes (X)Yes (X)$0$0$0
Amy Soudan
Secretary1.00Yes (X)Yes (X)$0$0$0
Andrew Jones
Director1.00Yes (X)$0$0$0
Beth Sandon
Director1.00Yes (X)$0$0$0
Catherine Rich
Director1.00Yes (X)$0$0$0
Terrence Toth
Director1.00Yes (X)$0$0$0
Greg Mooney
Director1.00Yes (X)$0$0$0
James Mendelson
Director1.00Yes (X)$0$0$0
Larry Williams
Director1.00Yes (X)$0$0$0
Michael Kelly
Director1.00Yes (X)$0$0$0
Rachel Mantz
Director (until 12/1/15)1.00Yes (X)$0$0$0
Rick Hurd
Director1.00Yes (X)$0$0$0
Steven D'Souza
Director1.00Yes (X)$0$0$0
Susan Wallace
Director1.00Yes (X)$0$0$0
Gordon Hannon
CEO40.00Yes (X)$162,428$0$18,569
Michele Nunez
Director of Finance and Compliance40.00Yes (X)$70,356$0$7,879
Dawn Sandoval
High School Principal40.00$126,261$0$13,194Yes (X)
Edmund Siderewicz
Director of Mission & External Relations40.00$107,872$0$16,848Yes (X)
LeAnne Wagner
Director of Instructional Technology40.00$102,502$0$9,679Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$569,419TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$66,169TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$37,056FundraisingAmt
Government Grants$165,546GovernmentGrantsAmt
All Other Contributions$554,237AllOtherContributionsAmt
Total Contributions$756,839TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Government Fees for Services900099$18,935,711$18,935,711
Student Fees900099$550,060$550,060
FieldValueIRS element (for citing)
Total Program Service Revenue$19,485,771TotalProgramServiceRevenueAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$126,096OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$126,096OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$126,096TotalRevenueColumnAmt
Exclusion-$126,096ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$6,775FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$37,056ContriRptFundraisingEventAmt
Fundraising Direct Expenses$37,143FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$30,368TotalRevenueColumnAmt
Exclusion-$30,368ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,186TotalRevenueColumnAmt
Exclusion$93,186ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$93,186OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,179,332TotalRevenueColumnAmt
Related Or Exempt Func Income$19,485,771RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$63,278ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$232,784TotalAmt
Program Services$221,440ProgramServicesAmt
Management And General$10,635ManagementAndGeneralAmt
Fundraising$709FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,330,414TotalAmt
Program Services$10,778,277ProgramServicesAmt
Management And General$517,649ManagementAndGeneralAmt
Fundraising$34,488FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$473,073TotalAmt
Program Services$450,020ProgramServicesAmt
Management And General$21,613ManagementAndGeneralAmt
Fundraising$1,440FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,255,319TotalAmt
Program Services$1,194,147ProgramServicesAmt
Management And General$57,351ManagementAndGeneralAmt
Fundraising$3,821FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$342,030TotalAmt
Program Services$325,363ProgramServicesAmt
Management And General$15,626ManagementAndGeneralAmt
Fundraising$1,041FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$134,167TotalAmt
Management And General$134,167ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$429,674TotalAmt
Program Services$148,557ProgramServicesAmt
Management And General$281,117ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,532TotalAmt
Management And General$11,532ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$411,126TotalAmt
Program Services$384,785ProgramServicesAmt
Management And General$26,341ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$851,319TotalAmt
Program Services$808,230ProgramServicesAmt
Management And General$43,089ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,132,098TotalAmt
Program Services$1,102,131ProgramServicesAmt
Management And General$29,967ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$173,844TotalAmt
Program Services$173,844ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$847,483TotalAmt
Program Services$842,571ProgramServicesAmt
Management And General$4,912ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$93,340TotalAmt
Program Services$93,340ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Education Admin.$686,490$670,639$15,851
Professional Developmen$381,380$351,030$30,350
Extra Curriculars$361,067$361,067
Student Services$89,508$89,442$66

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$60,477TotalAmt
Program Services$33,145ProgramServicesAmt
Management And General$27,332ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$19,297,125TotalAmt
Program Services$18,028,028ProgramServicesAmt
Management And General$1,227,598ManagementAndGeneralAmt
Fundraising$41,499FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,375,462BOYAmt
EOY$3,067,142EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,684BOYAmt
EOY$4,534EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,146,254BOYAmt
EOY$1,138,455EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$166,532BOYAmt
EOY$119,198EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$16,437,914LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,614,914LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,213,413BOYAmt
EOY$10,823,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,906,345BOYAmt
EOY$15,152,329EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,836,091BOYAmt
EOY$1,290,108EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$29,760EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,585,000BOYAmt
EOY$6,465,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,421,091BOYAmt
EOY$7,784,868EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,350,134BOYAmt
EOY$7,367,461EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$135,120BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,485,254BOYAmt
EOY$7,367,461EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,906,345BOYAmt
EOY$15,152,329EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$882,207ReconcilationRevenueExpnssAmt
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$1,875,000OtherCostOrOtherBasisAmt
Book Value$1,875,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,570,108OtherCostOrOtherBasisAmt
Depreciation$794,082DepreciationAmt
Book Value$7,776,026BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,227,818OtherCostOrOtherBasisAmt
Depreciation$475,110DepreciationAmt
Book Value$752,708BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,764,988OtherCostOrOtherBasisAmt
Depreciation$4,345,722DepreciationAmt
Book Value$419,266BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,823,000TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$20,522,571TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$180,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$180,000RevenueNotReportedAmt
Revenue Subtotal$20,342,571RevenueSubtotalAmt
Other Revenues Not Included-$163,239OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$163,239RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$20,179,332TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$19,640,364TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$180,000DonatedServicesUseFcltsAmt
Other Expenses Included$163,239OtherExpensesIncludedAmt
Expenses Not Reported$343,239ExpensesNotReportedAmt
Expenses Subtotal$19,297,125ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$19,297,125TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:Catalyst 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, 2016 and 2015, was not significant. On August 1, 2009, Catalyst adopted 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 percent 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. With few exceptions, Catalyst is no longer subject to examination by the Internal Revenue Service for years before 2013.
Part XI, Line 4b - Other Adjustments:Loss on Disposal of Assets -126,096. Fundraising Event Expenses -37,143.
Part XII, Line 2d - Other Adjustments:Loss on Disposal of Assets 126,096. Fundraising Event Expenses 37,143.

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.
Schedule E, Part I, Line 6The Organization receives assistance from local, state and federal government.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Education CelebrationEvent1Nm
Gross Receipts Event1$43,831GrossReceiptsEvent1Amt
Charitable Contri Event1$37,056CharitableContriEvent1Amt
Gross Revenue Event1$6,775GrossRevenueEvent1Amt
Non Cash Prizes Event1$2,725NonCashPrizesEvent1Amt
Rent Facility Costs Event1$13,838RentFacilityCostsEvent1Amt
Food And Beverage Event1$20,580FoodAndBeverageEvent1Amt
Gross Receipts Total$43,831GrossReceiptsTotalAmt
Charitable Contributions Tot$37,056CharitableContributionsTotAmt
Gross Revenue Total Events$6,775GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$2,725NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$13,838RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$20,580FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$37,143DirectExpenseSummaryEventsAmt
Net Income Summary-$30,368NetIncomeSummaryAmt

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

FieldValueIRS element (for citing)
PersonGordon HannonPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$152,028BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$10,400BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$10,003DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$8,566NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$180,997TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 7FormAndLineReferenceDesc
ExplanationCatalyst Schools paid a discretionary bonus during 2015 to Gordon Hannon, CEO that was subject to approval of management. Bonus is reported on Part II, column (B)(ii).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11Form 990 is reviewed by the Treasurer and all members 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 officers and key employees is reviewed by the Board annually. The compensation for all other employees is reviewed by officers. Comparibility 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.
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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