Catalyst Ministries Inc

Nonprofit profile at a glance

EIN
463000149
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2020, Form 990-EZ 2024, Form 990-N 2015
Location
Daytona Beach Shores, FL, USA
Phone
3045391097
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Christianity

Reported finances

Revenue
$38,421
Expenses
$42,955
Assets
$60,323

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CALVIN SUTPHIN II (PRESIDENT)

People named in this filing

  • CALVIN SUTPHIN II (PRESIDENT)
  • TERRY MAYHEW (VICE PRESIDE)
  • ERROL RANDLE (SECRETARY/TR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Catalyst ministries, inc. ("cmi") was incorporated to challenge and teach christian men how to grow into godly parents, equipping them to spiritually train their children regardless of their circumstances and intentionally building a legacy of faith in christ. Cmi's mission is to build a legacy of faith by empowering men to become godly fathers and mentors through encouragement, spiritual discipleship, education and the development of godly character. The organization's centerpiece is a full-time nationally accredited bible college at mt. Olive correctional complex where men study the word and works of jesus christ and the morality he teaches. They usually undergo a complete transformation of their hearts that leads to a transformation of their values, their behavior, and methods of leadership and those things work to bring a new kind of prison reform.

What it reported doing in 2024

Malachi dads--a fathering discipleship ministry aimed at reconciling and restoring the relationship between the inmate father and his children. Hannah's gift--the organization teaches incarcerated mothers to foster a healthy relationship with their children, while taking the steps necessary to prepare themselves to build healthy family structures upon release. Discipleship initiative--bible based programs are aimed at spiritual growth and practical application. Facade upgrade--inmate reentry work provided for cosmetic upgrades to houses on westside homes.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.8%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -19.1% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -10.7% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.