Catalyst Miami INC
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Solves problems impacting low-wealth communities across Miami-Dade County. For fiscal year 2024 it reported $5.0M in revenue, $4.1M in expenses, and $6.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Policy & Engagement
Build social cohesion and civic participation to solve critical community issues by organizing and mobilizing with our partner networks and residents. Train and engage residents in all levels of advocacy and grassroots leadership, while also increasing communities' social, political, and financial capital.
Prosperity services and wealth-building programs health insurance and income support navigation,financial coaching and financial products, and free tax preparation in support of economic mobility for members of frontline communities.
Community economic development creative opportunities for miami-dade residents to own assets through cooperative economic models, such as worker-owned businesses and real- estate investment cooperatives.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Zelalem Adefris’s $177K as CEO is at the 58th percentile of top reported officer pay among 2834 $1–10M community development 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.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|
| Zelalem Adefris | $176,505 | $132,313 | — | — |
| Gretchen Beesing | — | — | $171,791 | $132,810 |
| Nina Thompkins Terminated 11124 | $158,335 | — | — | — |
| Brian Larson | $153,142 | $140,768 | $121,010 | $97,273 |
| Nina Thompkis | — | $127,800 | — | — |
| Natalie Castellanos | $113,070 | — | — | — |
| Nina Thompkins | — | — | $112,498 | — |
| Ahmed Mori | — | $111,519 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 71% | — | — |
| Overhead ratio | 24% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | 53% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 1% | — | — |
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.
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Filings & Schedule Manifest
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Sources
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