Social Catalysts Charitable Foundation Inc
- Assets
- $5.0k
- Revenue
- $28.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Stow, MA
- Founding
- 01/2013
- Data as of
- 07/2023
- EIN
- 45-3061406
Organization Overview
Social Catalysts Charitable Foundation Inc is located in Stow, MA. The organization was established in 2013. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Catalysts Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Social Catalysts Charitable Foundation Inc generated $28.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $37.8k during the year ending 07/2023. While expenses have increased by 4.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Wyman President | 40 | $0 | |
Leo Saraceno Treaurer | 0 | $0 | |
Steven Wyman Clerk | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,500 |
| Interest on Savings | $60 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$3,142 |
| Other Income | $0 |
| Total Revenue | $28,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $27 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $5,545 |
| Travel, conferences, and meetings | $565 |
| Printing and publications | $847 |
| Other expenses | $13,843 |
| Total operating and administrative expenses | $20,827 |
| Contributions, gifts, grants paid | $17,000 |
| Total expenses and disbursements | $37,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,222 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $750 |
| Total assets | $4,972 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $12,155 |
| Total liabilities | $12,155 |
Grants Awarded
Over the last fiscal year, Social Catalysts Charitable Foundation Inc has awarded $17,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FRESH START FURNITURE BANK PURPOSE: GENERAL SUPPORT | $5,000 |
HOUSE OF POSSIBILITIES PURPOSE: GENERAL SUPPORT | $2,000 |
HOUSEHOLD GOODS INC PURPOSE: GENERAL SUPPORT | $5,000 |
INCOMPASS HUMAN SERVICES PURPOSE: GENERAL SUPPORT | $3,000 |
VINFEN CORP PURPOSE: GENERAL SUPPORT | $2,000 |