Empowers vulnerable individuals experiencing homelessness with compassionate services and creative solutions.
For fiscal year 2024 it reported $2.5M in revenue, $2.4M in expenses, and $531K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.4M
Pt IX · Ln 25
Net assets
$531K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $165K
Where spending went · Part IX cols B–D
99%
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +327% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$2.5M
FY2024▲ +52%
$2.5M$1.3M$0
FY2020FY2024
Expenses
$2.4M
FY2024▲ +45%
$2.4M$1.2M$0
FY2020FY2024
Total assets
$1.4M
FY2024▲ +63%
$1.4M$688K$0
FY2020FY2024
Total liabilities
$844K
FY2024▲ +62%
$844K$422K$0
FY2020FY2024
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.4M
Pt IX · Ln 25
Net assets
$531K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$165K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III
Where the work happens
3 program services account for $1.9M of program spending, described in the organization's own filed words · FY2024.
01
Comprehensive Community Services
Catalyst for change inc. (CFC) renewed its contract with dane county's comprehensive community services program. The intent of these services and supports is to provide for a maximum reduction of the effects of the individual's mental health and substance use disorders and the restoration of a client to the highest possible level of…
$1.2Mprogram expense
02
Homeless Outreach
In 2024, catalyst for change inc renewed its contract with the county of dane to provide outreach and mediation services to HOUSEHOLDS/INDIVIDUALS experiencing unsheltered homelessness in the dane county area.
$394Kprogram expense
03
Street Mediation
Catalyst for change inc. Continued its contract with the city of madison to provide street OUTREACH/MEDIATION in the city of madison. The primary objective of the project is to connect people experiencing unsheltered homelessness to permanent housing, shelter, and other resources that will lead to housing and that are essential to their…
Erick Sheftic’s $159K as Psychiatrist
is at the 75th percentile of top reported officer pay among 2025 $1–10M housing 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 · 4 named individuals · Part VII
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.
Individual Erick Sheftic · Reported title PSYCHIATRIST · Highest reported compensation $159K · Total expenses $2.4M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $2.4M
68%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
99%
—
—
Overhead ratio
1%
—
—
Fundraising cost ratio
0%
—
—
Revenue growth
52%
—
—
Legal fee ratio
0%
—
—
Accounting 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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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