Catalyst Research & Education Fund
- Assets
- $1.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Charlottesville, VA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1462968
Organization Overview
Catalyst Research & Education Fund is located in Charlottesville, VA. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Research & Education Fund 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 12/2021, Catalyst Research & Education Fund generated $2.2m in total revenue. All expenses for the organization totaled $417.7k during the year ending 12/2021. While expenses have increased by 155.9% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE VALUABLE PUBLIC INTEREST LEGAL WORK THAT SEEKS TO IMPROVE THE LIVES OF THOSE MOST OFTEN DENIED ACCESS TO JUSTICE, AND TO ACHIEVE SYSTEMIC CHANGE WITHIN THE LEGAL SYSTEM AND PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT BASED FELLOWSHIP PROGRAM SUPPORTING PUBLIC INTEREST PROJECTS AT LEGAL AND LAW-RELATED ORGANIZATIONS THAT USE NOVEL LEGAL APPROACHES TO ACHIEVE BROAD-SCALE AND SUSTAINABLE IMPACT FOR MARGINALIZED OR UNDER-RESOURCED COMMUNITIES. FROM A POOL OF HUNDREDS OF APPLICATIONS, SUPPORTED SIXTEEN PROJECTS AT PUBLIC INTEREST ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Lipton ESQ Associate Director | OfficerTrustee | 40 | $119,000 |
Whitney Benns ESQ Director | Trustee | 1 | $0 |
Blake Strode ESQ Director | Trustee | 1 | $0 |
Max Utzschneider ESQ Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,210,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,210,000 |
| Total Program Service Revenue | $0 |
| Investment income | $86 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,210,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,000 |
| Compensation of current officers, directors, key employees. | $23,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $3,570 |
| Other employee benefits | $371 |
| Payroll taxes | $11,717 |
| Fees for services: Management | $16,937 |
| Fees for services: Legal | $4,151 |
| Fees for services: Accounting | $8,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,092 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,356 |
| All other expenses | $1,115 |
| Total functional expenses | $417,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,639 |
| Savings and temporary cash investments | $1,810,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,941,725 |
| Accounts payable and accrued expenses | $3,174 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,174 |
| Net assets without donor restrictions | $68,551 |
| Net assets with donor restrictions | $1,870,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,941,725 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catalyst Research & Education Fund has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Redistricting Action Fund Washington, DC | $2,491,471 | $27,305,637 |
Third Way Washington, DC | $46,405,531 | $24,133,713 |
Beer Institute Inc Washington, DC | $2,484,747 | $6,014,221 |
Indivisible Civics Inc Washington, DC | $6,731,387 | $5,377,077 |
Grassroots Global Justice Washington, DC | $9,532,760 | $5,014,834 |
Infin A Financial Services Alliance Inc Washington, DC | $664,824 | $3,173,599 |
Leather And Hide Council Of America Washington, DC | $990,424 | $3,045,350 |
Marijuana Policy Project Washington, DC | $258,429 | $2,867,339 |
One Action Washington, DC | $1,056,276 | $2,394,836 |
Family Research Council Action Washington, DC | $784,639 | $2,815,176 |
Our Revolution Washington, DC | $406,824 | $1,702,649 |
Harbor House Of Louisville Inc Louisville, KY | $7,379,611 | $4,401,177 |