BETA

CATALYST SCHOOLS: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CATALYST SCHOOLS (EIN 20-4069346)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-25
IRS object ID
201620569349300637
Schema version
2014v6.0
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)
Return2016-02-25T14:43:31-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

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 Begin2014-07-01TaxPeriodBeginDt

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
Signature2016-02-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWayne HarderPreparerPersonNm
PTINP00294296PTIN
Phone3126343400PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
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$23,695,283GrossReceiptsAmt
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 Employee428TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$952,215PYContributionsGrantsAmt
CY Contributions Grants$1,858,154CYContributionsGrantsAmt
PY Program Service Revenue$18,573,770PYProgramServiceRevenueAmt
CY Program Service Revenue$21,742,801CYProgramServiceRevenueAmt
PY Investment Income$2,149PYInvestmentIncomeAmt
CY Investment Income$1,244CYInvestmentIncomeAmt
PY Other Revenue$87,509PYOtherRevenueAmt
CY Other Revenue$93,084CYOtherRevenueAmt
PY Total Revenue$19,615,643PYTotalRevenueAmt
CY Total Revenue$23,695,283CYTotalRevenueAmt
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$13,061,821PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,165,495CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$70,201CYTotalFundraisingExpenseAmt
PY Other Expenses$6,300,248PYOtherExpensesAmt
CY Other Expenses$7,242,945CYOtherExpensesAmt
PY Total Expenses$19,362,069PYTotalExpensesAmt
CY Total Expenses$23,408,440CYTotalExpensesAmt
PY Revenues Less Expenses$253,574PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$286,843CYRevenuesLessExpensesAmt
Total Assets BOY$15,570,074TotalAssetsBOYAmt
Total Assets EOY$14,906,345TotalAssetsEOYAmt
Total Liabilities BOY$9,371,663TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,421,091TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,198,411NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,485,254NetAssetsOrFundBalancesEOYAmt
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$22,250,514ExpenseAmt
Revenue$21,742,801RevenueAmt
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$22,250,514TotalProgramServiceExpensesAmt
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 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 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 Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee428EmployeeCnt
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 Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
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
Chair of the Board1.00Yes (X)Yes (X)$0$0$0
Mark Parker
Vice Chair1.00Yes (X)Yes (X)$0$0$0
Amy Soudan
Secretary1.00Yes (X)Yes (X)$0$0$0
Steven Brown
Treasurer1.00Yes (X)Yes (X)$0$0$0
Terrence Toth
Director1.00Yes (X)$0$0$0
Amy Smith
Director1.00Yes (X)$0$0$0
Beth Sandon
Director1.00Yes (X)$0$0$0
Christopher Lilly
Director1.00Yes (X)$0$0$0
Greg Mooney
Director1.00Yes (X)$0$0$0
James Mendelson
Director1.00Yes (X)$0$0$0
Michael Kelly
Director1.00Yes (X)$0$0$0
Rachel Mantz
Director1.00Yes (X)$0$0$0
Rick Hurd
Director1.00Yes (X)$0$0$0
Susan Wallace
Director1.00Yes (X)$0$0$0
Vince Casillas
Director1.00Yes (X)$0$0$0
Gordon Hannon
CEO40.00Yes (X)$163,827$0$19,679
David Baldwin
Vice President40.00Yes (X)$130,560$0$15,421
Michele Nunez
Director of Finance and Compliance40.00Yes (X)$56,442$0$8,167
Dawn Sandoval
Principal of Catalyst Maria High School and Campus40.00$124,355$0$13,520Yes (X)
Gwendolyn Burrel
Principal of Catalyst Howland40.00$101,255$0$21,402Yes (X)
Edmund Siderewicz
VP for Mission and External Relations40.00$103,101$0$9,487Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$679,540TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$87,676TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,858,154AllOtherContributionsAmt
Total Contributions$1,858,154TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Government Fees for Services900099$21,213,189$21,213,189
Student Fees900099$529,612$529,612
FieldValueIRS element (for citing)
Total Program Service Revenue$21,742,801TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,244TotalRevenueColumnAmt
Exclusion$1,244ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,084TotalRevenueColumnAmt
Exclusion$93,084ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$93,084OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,695,283TotalRevenueColumnAmt
Related Or Exempt Func Income$21,742,801RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$94,328ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$394,095TotalAmt
Program Services$377,591ProgramServicesAmt
Management And General$14,793ManagementAndGeneralAmt
Fundraising$1,711FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$13,009,345TotalAmt
Program Services$12,464,513ProgramServicesAmt
Management And General$488,337ManagementAndGeneralAmt
Fundraising$56,495FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$447,870TotalAmt
Program Services$429,113ProgramServicesAmt
Management And General$16,812ManagementAndGeneralAmt
Fundraising$1,945FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,887,105TotalAmt
Program Services$1,808,073ProgramServicesAmt
Management And General$70,837ManagementAndGeneralAmt
Fundraising$8,195FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$427,080TotalAmt
Program Services$409,194ProgramServicesAmt
Management And General$16,031ManagementAndGeneralAmt
Fundraising$1,855FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$157,850TotalAmt
Management And General$157,850ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$322,132TotalAmt
Program Services$174,355ProgramServicesAmt
Management And General$147,777ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$29,914TotalAmt
Program Services$11,630ProgramServicesAmt
Management And General$18,284ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$622,567TotalAmt
Program Services$590,202ProgramServicesAmt
Management And General$32,365ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$886,270TotalAmt
Program Services$872,708ProgramServicesAmt
Management And General$13,562ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,729,704TotalAmt
Program Services$1,708,317ProgramServicesAmt
Management And General$21,387ManagementAndGeneralAmt

Interest InterestGrp

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

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,447,136TotalAmt
Program Services$1,443,714ProgramServicesAmt
Management And General$3,422ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$80,736TotalAmt
Program Services$80,736ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Administration$604,268$569,549$34,719
Professional Developmen$527,265$480,916$46,349
Extra Curriculars$452,956$452,956
Student Services$161,179$161,179

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$47,124TotalAmt
Program Services$41,924ProgramServicesAmt
Management And General$5,200ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,408,440TotalAmt
Program Services$22,250,514ProgramServicesAmt
Management And General$1,087,725ManagementAndGeneralAmt
Fundraising$70,201FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,911,193BOYAmt
EOY$2,375,462EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,834BOYAmt
EOY$4,684EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,395,447BOYAmt
EOY$1,146,254EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$71,546BOYAmt
EOY$166,532EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$17,436,484LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,223,071LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,187,054BOYAmt
EOY$11,213,413EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,570,074BOYAmt
EOY$14,906,345EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,312,369BOYAmt
EOY$1,836,091EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$354,294BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,705,000BOYAmt
EOY$6,585,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,371,663BOYAmt
EOY$8,421,091EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,002,196BOYAmt
EOY$6,350,134EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$196,215BOYAmt
EOY$135,120EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,198,411BOYAmt
EOY$6,485,254EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,570,074BOYAmt
EOY$14,906,345EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$286,843ReconcilationRevenueExpnssAmt
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$8,185,473OtherCostOrOtherBasisAmt
Depreciation$579,830DepreciationAmt
Book Value$7,605,643BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,285,589OtherCostOrOtherBasisAmt
Depreciation$467,356DepreciationAmt
Book Value$818,233BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,090,422OtherCostOrOtherBasisAmt
Depreciation$5,175,885DepreciationAmt
Book Value$914,537BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,213,413TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$23,875,283TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$180,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$180,000RevenueNotReportedAmt
Revenue Subtotal$23,695,283RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$23,695,283TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,588,440TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$180,000DonatedServicesUseFcltsAmt
Expenses Not Reported$180,000ExpensesNotReportedAmt
Expenses Subtotal$23,408,440ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,408,440TotalExpensesPerForm990Amt

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. 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 2010.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.
Schedule E, Part I, Line 6The Organization receives assistance from local, state and federal government.

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 Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonGordon HannonPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$122,960BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$20,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$20,867OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$9,457DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$10,222NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$183,506TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

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 other members of the Board prior to filing.
Form 990, Part VI, Section B, line 12The Catalyst board manual addresses the board members responsibility to raise any possible conflict of interest. The board chair meets with every Board member each year as part of the board evaluation process. Conflict of interest assessment in part of the evaluation.
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 of the setting of 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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