Catalyst Foundation EIN 31-1674605

Catalyst Foundation FY2022 filing

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Empowers Vietnamese communities with resources to prevent child trafficking. For fiscal year 2022 it reported $246K in revenue, $263K in expenses, and $1K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Portland, OR
Website
www.catalystfoundation.org
Filings
5 on file (2020–2022)
Revenue
$246KFY2022
Expenses
$263K
Net assets
$1K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-1674605 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowers Vietnamese communities with resources to prevent child trafficking.
Leadership
Caroline Ticarro · Founder/Executive Director
Money in and out
$246K revenue, $263K expenses
Bottom line
88% program efficiency
Where the money goes · FY2022
Total revenue
$246K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$1K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$17K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program efficiency
88%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$246K
FY2022▲ +105%
Total revenue
$246K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$1K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$17K
Total assetsPt X · Ln 16$1K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $231K of program spending, described in the organization's own filed words · FY2022.
01

Vietnam Culture Camp and Vietnam Cultural Tour are programs for families that have adopted children from Vietnam.

$145Kprogram expense
02

Sponsorship (aka Project Backpack)

We provide disadvantaged children the basics of education, food and safety in Suoi Da Hamlet (Thua Bac District, Ninh Thuan Province).

$75Kprogram expense
03

Catalyst Foundation Community Education Center in Suoi Da Hamlet provide Social Services programs for our community including: Tutoring, Vocational Training, Health, Identity Papers, Food, Housing, and Community Education).

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCatalyst Foundation
EINHdr · item D31-1674605
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jwww.catalystfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFDec 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder/Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Caroline Ticarro’s $4K as Founder/Executive Director is at the 2nd percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Program service revenue$152K · 62%
Contributions & grants$94K · 38%
Program service revenue62%$152K
Contributions & grants38%$94K
Total revenueLn 12$246K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program services88%$231K
Management & general11%$30K
Fundraising1%$2K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$1K
Total assetsLn 16$1K
Total liabilitiesLn 26$0
Total net assetsLn 32$1K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1K · Operating expenses/yr $263K
0.1 months
Where the money goes
Program services
Program services $231K · Total expenses $263K
88%
Management & General
Management & general $30K · Total expenses $263K
11%
Fundraising
Fundraising $2K · Total expenses $263K
0.8%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $94K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $94K · Total revenue $246K
38%
Government reliance
Government grants $0 · Total revenue $246K
0%
Earned-income share
Program service revenue $152K · Total revenue $246K
62%
Investment reliance
Investment income $0 · Total revenue $246K
0%
Program self-sufficiency
Program service revenue $152K · Total expenses $263K
58%
Growth & trend
Revenue growth (YoY)
This year $246K · Prior year $120K
+105%
Net-asset trend (YoY)
End of year $1K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $246K · Expenses $263K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $1K
Net-asset ratio
Net assets $1K · Total assets $1K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1K
0%
People & payroll
Highest Reported Total Compensation
Individual Caroline Ticarro · Reported title Founder/Executive Director · Highest reported compensation $0 · Total expenses $263K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9K · Total expenses $263K
3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 11%
Fundraising cost ratio 2%
Revenue growth 105%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$34K
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$174K revenue · ⤓ 990 PDF
FY2023$176K revenue · ⤓ 990 PDF
FY2022$246K revenue · viewing · ⤓ 990 PDF
FY2021$120K revenue · ⤓ 990 PDF
FY2020$114K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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