Catalyst Family Inc
- Assets
- $29.8m
- Revenue
- $76.4m
- Investments
- $0.0
- Employees
- 1,502
- Location
- Morgan Hill, CA
- Founding
- 06/1977
- Data as of
- 06/2021
- EIN
- 94-2376637
Organization Overview
Catalyst Family Inc, operating under the name Cdi, is located in Morgan Hill, CA. The organization was established in 1977. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Cdi employed 1,502 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cdi 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 06/2021, Cdi generated $76.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $75.1m during the year ending 06/2021. While expenses have increased by 5.7% per year over the past 6 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
ENRICH CHILDREN'S LIVES THROUGH QUALITY, ACCREDITED CHILD DEVELOPMENT PROGRAMS AND A COMMITMENT TO DEVELOP MENTALLY APPROPRIATE PRACTICE. OUR PROGRAMS PUT CHILDREN AT THE CENTER OF AN INTERCONNECTED CIRCLE OF FAMILIES, TEACHERS AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATALYST FAMILY, INC. (CFI) PROVIDES PARENTS WITH CHILD CARE THROUGH THEIR CENTER-BASED, MIGRANT CHILD CARE AND PRE-SCHOOL AND EXTENDED DAY PROGRAMS IN THE STATE OF CALIFORNIA. CATALYST OPERATES APPROXIMATELY 160 CENTERS IN THE STATE SERVING APPROXIMATELY 4,960 CHILDREN PER MONTH.
CFI HELPS PARENTS FIND CHILD CARE THROUGH A RESOURCE & REFERRAL NETWORK USING ALTERNATIVE PAYMENT (PARENTAL CHOICE) AND CALWORKS PROGRAMS TO GIVE PARENTS FINANCIAL ASSISTANCE FOR CHILD CARE IF THEY WISH TO PURSUE JOB TRAINING, FIND EMPLOYMENT OR FURTHER THEIR EDUCATION.
CFI ALSO PROVIDES HEALTHY MEALS TO CHILDREN ELIGIBLE TO PARTICIPATE IN THE CHILD CARE FOOD PROGRAM ADMINISTERED BY THE CALIFORNIA DEPARTMENT OF EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Dumars President | OfficerTrustee | 40 | $288,454 |
Schulte Eva M Chief Ops Officer | Officer | 40 | $246,919 |
Phillips Elizabeth P Vice President, Center Ops | Officer | 40 | $169,357 |
Megan E Vincent Director, Hr | Officer | 40 | $166,593 |
Lisa Coates Director, Hr Compliance | 40 | $141,954 | |
Charles Crosby Sr. Director Community Outreach | 40 | $138,525 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salazar Cleaning Janitorial | 6/29/21 | $147,478 |
B Family Llc Janitorial | 6/29/21 | $105,122 |
Piazza Consulting Contracted Staff | 6/29/21 | $124,116 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,112,262 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,732,686 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,844,948 |
| Total Program Service Revenue | $15,511,584 |
| Investment income | $0 |
| 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 | $76,356,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $884,273 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,805,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,063,784 |
| Payroll taxes | $3,406,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,303,955 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,802,116 |
| Travel | $161,820 |
| 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 | $305,494 |
| Insurance | $218,041 |
| All other expenses | $493,771 |
| Total functional expenses | $75,113,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,988,014 |
| Savings and temporary cash investments | $4,357,688 |
| Pledges and grants receivable | $2,878,310 |
| 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 | $1,031,475 |
| Net Land, buildings, and equipment | $4,139,952 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $444,961 |
| Total assets | $29,840,400 |
| Accounts payable and accrued expenses | $11,908,199 |
| Grants payable | $0 |
| Deferred revenue | $949,517 |
| 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 | $4,308,627 |
| Other liabilities | $6,524,822 |
| Total liabilities | $23,691,165 |
| Net assets without donor restrictions | $6,149,235 |
| Net assets with donor restrictions | $0 |
| 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 | $29,840,400 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Catalyst Family Inc has recieved totaling $10,754.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $644 |
Edwards Lifesciences Foundation Irvine, CA PURPOSE: MATCHING GIFTS GRANT | $110 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Family Inc Morgan Hill, CA | $29,840,400 | $76,356,532 |
Doral Academy Of Nevada Las Vegas, NV | $131,957,708 | $48,898,160 |
Child Parent Centers Inc Tucson, AZ | $16,878,130 | $37,963,883 |
Los Angeles Universal Preschool Los Angeles, CA | $9,025,179 | $26,158,862 |
Kamaaina Care Inc Kailua, HI | $16,893,608 | $29,363,431 |
Plaza De La Raza Child Development Services Inc City of Industry, CA | $2,591,767 | $20,694,793 |
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |