CATALYST COMMUNITY PARTNERS

EIN: 261870077 501(c)(3) Community Improvement

MINNEAPOLIS, MN

Total Revenue
$284,765
Total Expenses
$437,467
Total Assets
$1,734,385
Net Assets
$267,967
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
STUART ACKERBERG
Phone
6128774000
Tax Period
2024-01-01 to 2024-12-31

CATALYST COMMUNITY PARTNERS, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $285K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $437K exceeded revenue, resulting in a 54% operating deficit.

Mission

CATALYST COMMUNITY PARTNERS IS A COMMUNITY DEVELOPER THAT REVITALIZES DISTRESSED COMMERCIAL CORRIDORS BY DEVELOPING VACANT PROPERTIES AND CULTIVATING SUSTAINABLE BUSINESSES THAT ENHANCE LIVABILITY AND PROVIDE NEIGHBORHOOD JOBS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $191,015
Investment Income $0
Other Revenue $93,750
TOTAL REVENUE $284,765

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $331,162
Other Expenses $437,467
TOTAL EXPENSES $437,467

Year-over-Year Comparison

2024 2023 Change
Revenue $284,765 $180,698 +0.6%
Expenses $437,467 $486,083 -0.1%
Net Income $-152,702 $-305,385 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STUART ACKERBERG BOARD CHAIR 2.00
Officer Director
$0 $0 $0
WADE ANDERSON DIRECTOR 2.00
Officer Director
$0 $0 $0
JACKIE KNIGHT SECRETARY 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $284,765 $437,467 $1,734,385 $-152,702
2023 $180,698 $486,083 $1,963,601 $-305,385
2022 $425,119 $646,011 $2,616,145 $-220,892
2021 $1,111,637 $1,448,322 $3,055,098 $-336,685
2020 $949,521 $784,024 $5,319,892 $165,497
2019 $938,870 $809,985 $5,252,182 $128,885
2018 $986,178 $787,266 $5,321,733 $198,912
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