CATALYST SCHOOLS: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CATALYST SCHOOLS (EIN 20-4069346)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-05
IRS object ID
202520649349300112
Schema version
2023v6.0
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)
Return2025-03-05T09:01:46-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

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 Begin2023-07-01TaxPeriodBeginDt

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
Signature2025-03-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKaren O CrimPreparerPersonNm
PTINP00368385PTIN
Phone9372980201PhoneNum
Preparation2025-03-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$31,581,496GrossReceiptsAmt
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 holistically educate the young men and women entrusted to its care by a school community committed to teaching minds and touching hearts. We teach our scholars to live a life of leadership, meaning, and purpose, and to build a world that is just and peaceful.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee494TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$471,427PYContributionsGrantsAmt
CY Contributions Grants$1,046,123CYContributionsGrantsAmt
PY Program Service Revenue$28,128,752PYProgramServiceRevenueAmt
CY Program Service Revenue$30,067,801CYProgramServiceRevenueAmt
PY Investment Income$121,137PYInvestmentIncomeAmt
CY Investment Income$216,095CYInvestmentIncomeAmt
PY Other Revenue$195,677PYOtherRevenueAmt
CY Other Revenue$251,477CYOtherRevenueAmt
PY Total Revenue$28,916,993PYTotalRevenueAmt
CY Total Revenue$31,581,496CYTotalRevenueAmt
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$22,465,655PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$24,148,599CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,939CYTotalFundraisingExpenseAmt
PY Other Expenses$7,008,024PYOtherExpensesAmt
CY Other Expenses$7,268,799CYOtherExpensesAmt
PY Total Expenses$29,473,679PYTotalExpensesAmt
CY Total Expenses$31,417,398CYTotalExpensesAmt
PY Revenues Less Expenses-$556,686PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$164,098CYRevenuesLessExpensesAmt
Total Assets BOY$23,138,451TotalAssetsBOYAmt
Total Assets EOY$22,967,571TotalAssetsEOYAmt
Total Liabilities BOY$10,435,302TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,100,324TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,703,149NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,867,247NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCatalyst Schools holistically educate the young men and women entrusted to its care by a school community committed to teaching minds and touching hearts. We teach our scholars to live a life of leadership, meaning, and purpose, and to build a world that is just and peaceful.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$19,733,900ExpenseAmt
Grant$0GrantAmt
Revenue$20,555,432RevenueAmt
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$10,231,759ExpenseAmt
Grant$0GrantAmt
Revenue$9,748,251RevenueAmt
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 30 students per class.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$29,965,659TotalProgramServiceExpensesAmt
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
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 Document50IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee494EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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
Yuan-Ying Hsu
Finance Committee Chair & Treasurer1.00Yes (X)Yes (X)$0$0$0
Steven Brown
Director until 6/30/241.00Yes (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
Director until 11/30/231.00Yes (X)$0$0$0
Andrew Jones
Director1.00Yes (X)$0$0$0
Mitze Moore
Director1.00Yes (X)$0$0$0
Ariel Murray
Director1.00Yes (X)$0$0$0
Monica Smith
Director until 6/30/241.00Yes (X)$0$0$0
Velia Soto
Director until 11/30/231.00Yes (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)$204,335$0$49,695
Michele Nunez
Director of Finance and Compliance40.00Yes (X)$147,635$0$17,055
Dawn Donati Sandoval
High School Principal40.00$169,947$0$33,270Yes (X)
Elizabeth A Jamison-Dunn
Principal40.00$145,841$0$37,872Yes (X)
Michael Kasang
Director of Administration40.00$139,215$0$34,942Yes (X)
Philip Smith
Director of Operations40.00$136,642$0$16,381Yes (X)
Edmund Siderewicz
Dir. of External Relations & Mission40.00$135,451$0$21,660Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,079,066TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$210,875TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K17IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EF Fbo School House Staffing LLC
PO Box 849799Los AnglesCA900849799Clinician/Special Education Teacher$230,471
Back Office Staffing Solutions
PO Box 206773DallasTX753206773Clinician/Special Education Teacher$193,588
ProCare Therapy
PO Box 934411AtlantaGA311934411Clinician$137,035
Progressus Theraphy LLC
10014 N Dale Mabry Highway Ste C-1TamplaFL33618Clinician$104,221
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$347,946GovernmentGrantsAmt
All Other Contributions$698,177AllOtherContributionsAmt
Noncash Contributions$152,759NoncashContributionsAmt
Total Contributions$1,046,123TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Government Fees for Services900099$29,644,815$29,644,815
Student Fees900099$422,986$422,986
FieldValueIRS element (for citing)
Total Program Service Revenue$30,067,801TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$216,095TotalRevenueColumnAmt
Exclusion$216,095ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$101,118RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$101,118RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$101,118TotalRevenueColumnAmt
Related Or Exempt Func Income$101,118RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Liability Insurance Claim900099$89,764$89,764
KCAF management agreement900099$45,000$45,000

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,595TotalRevenueColumnAmt
Exclusion$15,595ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$150,359OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,581,496TotalRevenueColumnAmt
Related Or Exempt Func Income$30,303,683RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$231,690ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$433,190TotalAmt
Program Services$416,331ProgramServicesAmt
Management And General$16,859ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$20,837,747TotalAmt
Program Services$20,049,413ProgramServicesAmt
Management And General$788,334ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$480,265TotalAmt
Program Services$459,538ProgramServicesAmt
Management And General$20,727ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,764,888TotalAmt
Program Services$1,670,858ProgramServicesAmt
Management And General$94,030ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$632,509TotalAmt
Program Services$600,835ProgramServicesAmt
Management And General$31,674ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$42,963TotalAmt
Management And General$42,963ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$151,446TotalAmt
Management And General$151,446ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$351,120TotalAmt
Program Services$165,448ProgramServicesAmt
Management And General$185,672ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,939TotalAmt
Fundraising$1,939FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$406,207TotalAmt
Program Services$392,510ProgramServicesAmt
Management And General$13,697ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$655,563TotalAmt
Program Services$649,591ProgramServicesAmt
Management And General$5,972ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,418,001TotalAmt
Program Services$1,418,001ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$91,015TotalAmt
Program Services$91,015ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$719,871TotalAmt
Program Services$719,871ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$212,751TotalAmt
Program Services$212,751ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Student Services$1,329,872$1,329,872
Education Admin.$865,346$865,193$153
Extra Curriculars$601,942$601,942
Professional Developmen$296,609$268,202$28,407

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$124,154TotalAmt
Program Services$54,288ProgramServicesAmt
Management And General$69,866ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$31,417,398TotalAmt
Program Services$29,965,659ProgramServicesAmt
Management And General$1,449,800ManagementAndGeneralAmt
Fundraising$1,939FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,328,050BOYAmt
EOY$2,522,687EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,048,216BOYAmt
EOY$2,156,495EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$655,836BOYAmt
EOY$687,683EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$274,905BOYAmt
EOY$386,869EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,000BOYAmt
EOY$15,900EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$29,089,923LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,045,121LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,818,444BOYAmt
EOY$17,044,802EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$153,135EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,138,451BOYAmt
EOY$22,967,571EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,566,486BOYAmt
EOY$2,676,124EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$29,710BOYAmt
EOY$30,387EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$7,839,106BOYAmt
EOY$7,240,678EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$153,135EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,435,302BOYAmt
EOY$10,100,324EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,662,126BOYAmt
EOY$12,826,224EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

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

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,703,149BOYAmt
EOY$12,867,247EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,138,451BOYAmt
EOY$22,967,571EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$164,098ReconcilationRevenueExpnssAmt
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$18,777,790OtherCostOrOtherBasisAmt
Depreciation$3,966,540DepreciationAmt
Book Value$14,811,250BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,227,818OtherCostOrOtherBasisAmt
Depreciation$1,006,589DepreciationAmt
Book Value$221,229BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,114,460OtherCostOrOtherBasisAmt
Depreciation$7,071,992DepreciationAmt
Book Value$42,468BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,044,802TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating Lease LiabilityDesc
Amt$153,135Amt
FieldValueIRS element (for citing)
Total Liability$153,135TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$31,581,845TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$349DonatedServicesAndUseFcltsAmt
Revenue Not Reported$349RevenueNotReportedAmt
Revenue Subtotal$31,581,496RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$31,581,496TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$31,417,747TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$349DonatedServicesUseFcltsAmt
Expenses Not Reported$349ExpensesNotReportedAmt
Expenses Subtotal$31,417,398ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$31,417,398TotalExpensesPerForm990Amt

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, 2024 and 2023, 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$200,235$0$4,100$0$0$0$0$0$49,695$0$254,030$0$0$0
Dawn Donati Sandoval
High School Principal$166,347$0$3,600$0$0$0$0$0$33,270$0$203,217$0$0$0
Elizabeth A Jamison-Dunn
Principal$140,741$0$5,100$0$0$0$0$0$37,872$0$183,713$0$0$0
Michael Kasang
Director of Administration$134,615$0$4,600$0$0$0$0$0$34,942$0$174,157$0$0$0
Michele Nunez
Director of Finance and Compliance$138,035$0$9,600$0$0$0$6,851$0$10,204$0$164,690$0$0$0
Edmund Siderewicz
Dir. of External Relations & Mission$130,601$0$4,850$0$0$0$1,822$0$19,838$0$157,111$0$0$0
Philip Smith
Director of Operations$126,742$0$9,900$0$0$0$6,514$0$9,867$0$153,023$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 7FormAndLineReferenceDesc
ExplanationCatalyst Schools paid bonuses during 2023, 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 (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Imputed Interest1$88,889Cost
Yes (X)Food Commodities1$63,620Cost
Yes (X)Exercise Equipment1$250Cost
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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