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Catalyst USA FY2021 filing

Montgomery, TXUnknown exempt organizationEIN 84-3117525

The mission of catalyst USA is to identify, educate, and train students to promote principles of free market economics, limited government, and american exceptionalism

78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 4
years in the black
Worth a look: 2 of the last 4 filings show a deficit.
Pt I · Ln 19 · 4 filings
How much reaches the programs?
78%
of spending
Looks good: 78% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
Do they have reserves?
2 mo
of spending, in cash
Worth a look: 2.1 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$0
liabilities
Looks good: debts are 0% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
4
independent of 4 voting board members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$268K
+270% vs prior year
Spent
$229K
To programs
78%
Net assets
$40K
By yearFY2020–FY2025
Revenue
$268K
FY2021▲ +270%
Revenue by fiscal year
FY2020$72K
FY2021$268K
FY2022$166K
FY2023$25K
FY2024$250K
FY2025$225K
Expenses
$229K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$229K
FY2022$201K
FY2023Not on file
FY2024$218K
FY2025$239K
Net assets
$40K
FY2021▲ ×84
Net assets by fiscal year
FY2020$474
FY2021$40K
FY2022$4K
FY2023$2K
FY2024$33K
FY2025$19K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CCatalyst USA
EINHdr · item D84-3117525
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMontgomery, TX
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22 Fundraising $0.00
Program services78%$179K
Management & general22%$50K
Fundraising$324
Total functional expensesLn 25$229K

Financial health

Is it on solid ground?

Surplus margin
+15%
revenue over expenses, this year
Program spending
78%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$40K
FY2021
Total assets by fiscal year
FY2020Not on file
FY2021$40K
FY2022$4K
FY2023Not on file
FY2024$33K
FY2025$19K
Total liabilities
$0
FY2021
Total liabilities by fiscal year
FY2020Not on file
FY2021$0
FY2022$0
FY2023Not on file
FY2024$22
FY2025$0
Revenue less expensesPt I · Ln 19$39K
Total assetsPt X · Ln 16$40K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$40K
Total liabilitiesLn 26$0
Total net assetsLn 32$40K
Months of cash on handcomputed2.1

Statement of Revenue

Part VIII
Contributions & grants$156K · 58%
Program service revenue$112K · 42%
Contributions & grants58%$156K
Program service revenue42%$112K
Other revenue$353
Total revenueLn 12$268K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $40K · Operating expenses/yr $229K
2.1 months
Where the money goes
Program services
Program services $179K · Total expenses $229K
78%
Management & General
Management & general $50K · Total expenses $229K
22%
Fundraising
Fundraising $324 · Total expenses $229K
0.1%
Cost to raise $1
Fundraising expense $324 · Solicited contributions $156K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $268K
58%
Government reliance
Government grants — · Total revenue $268K
—
Earned-income share
Program service revenue $112K · Total revenue $268K
42%
Investment reliance
Investment income $0 · Total revenue $268K
0%
Program self-sufficiency
Program service revenue $112K · Total expenses $229K
49%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year $72K
+270%
Net-asset trend (YoY)
End of year $40K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $229K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $40K
—
Net-asset ratio
Net assets $40K · Total assets $40K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $40K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christian Collins · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $229K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $48K · Total expenses $229K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 22%——
Fundraising cost ratio 0.2%——
Revenue growth 270%——
Accounting fee ratio 0.3%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2020
Christian Collins$52,768$17,000$14,000

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.

See Catalyst USA executive salaries →

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates and trains students in free market economics and limited government principles.

Provided by the organization

This section is blank until Catalyst USA claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $179K of program spending, described in the organization's own filed words · FY2021.
01

Identified, educated, and trained youth to promote principles of free market economics, limited government, and american exceptionalism

$179Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $225K$239K-10% 990 PDF
FY2024 $250K$218K×10 990 PDF
FY2023 $25K—-85% 990 PDF
FY2022 $166K$201K-38% 990 PDF
FY2021 Viewing $268K$229K+270% 990 PDF
FY2020 $72K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $228,901 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $515$515
IX-5 Pay of current officers, directors and key staffManagement $45,000$45,000
IX-10 Payroll taxesManagement $3,443$3,443
IX-11c Accounting feesManagement $583$583
IX-11g Other fees for servicesPrograms $10,904$10,904
IX-12 Advertising and promotionPrograms $506$506
IX-17 TravelFundraising $324$324
IX-19 Conferences, conventions and meetingsPrograms $166,948$166,948
IX-24 Other expenses (24a–d)Management $678$678
IX-25 Total functional expensesPrograms $178,873 · Management $49,704 · Fundraising $324$228,901

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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