Catalyst USA FY2022 filing

Montgomery, TX · Unknown exempt organization

Latest data FY2022
Revenue
$166K
▼ -38% vs prior year
Spent
$201K
To programs
69%
Net assets
$4K
By yearFY2020–FY2025
Revenue
$166K
FY2022▼ -38%
Revenue by fiscal year
FY2020$72K
FY2021$268K
FY2022$166K
FY2023$25K
FY2024$250K
FY2025$225K
Expenses
$201K
FY2022▼ -12%
Expenses by fiscal year
FY2020Not on file
FY2021$229K
FY2022$201K
FY2023Not on file
FY2024$218K
FY2025$239K
Net assets
$4K
FY2022▼ -89%
Net assets by fiscal year
FY2020$474
FY2021$40K
FY2022$4K
FY2023$2K
FY2024$33K
FY2025$19K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

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
Foundation funders?
Not on file
Spent on programs?
69% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -38% vs prior year
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

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.30 Fundraising $0.00
Program services69%$140K
Management & general30%$61K
Fundraising$406
Total functional expensesLn 25$201K

Financial health

Surplus margin
-21%
revenue over expenses, this year
Program spending
69%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$4K
FY2022▼ -89%
Total assets by fiscal year
FY2020Not on file
FY2021$40K
FY2022$4K
FY2023Not on file
FY2024$33K
FY2025$19K
Total liabilities
$0
FY2022
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−$36K
Total assetsPt X · Ln 16$4K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$4K
Total liabilitiesLn 26$0
Total net assetsLn 32$4K
Months of cash on handcomputed0.3

Statement of Revenue

Part VIII
Contributions & grants$126K · 76%
Program service revenue$39K · 24%
Contributions & grants76%$126K
Program service revenue24%$39K
Other revenue$506
Total revenueLn 12$166K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $201K
0.3 months
Where the money goes
Program services
Program services $140K · Total expenses $201K
69%
Management & General
Management & general $61K · Total expenses $201K
30%
Fundraising
Fundraising $406 · Total expenses $201K
0.2%
Cost to raise $1
Fundraising expense (2-yr avg) $365 · Solicited contributions (2-yr avg) $141K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $166K
76%
Government reliance
Government grants — · Total revenue $166K
—
Earned-income share
Program service revenue $39K · Total revenue $166K
24%
Investment reliance
Investment income $0 · Total revenue $166K
0%
Program self-sufficiency
Program service revenue $39K · Total expenses $201K
19%
Growth & trend
Revenue growth (YoY)
This year $166K · Prior year $268K
-38%
Net-asset trend (YoY)
End of year $4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $166K · Expenses $201K
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $4K
—
Net-asset ratio
Net assets $4K · Total assets $4K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4K
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 $201K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $59K · Total expenses $201K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 30%——
Fundraising cost ratio 0.3%——
Revenue growth -38%——
Legal fee ratio 0.06%——
Accounting fee ratio 0.5%——

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

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
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

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 $140K of program spending, described in the organization's own filed words · FY2022.
01

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

$140Kprogram expense

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Filing history

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

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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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