CATALYST MINISTRIES INC (EIN 450511620) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

PATRICK MCNALLY

Tax Period

2023-01-01 to 2023-12-31

CATALYST MINISTRIES INC, founded in 2003, is a micro nonprofit in the Religion sector that reported $10K in total revenue in fiscal year 2023. Revenue surged 132% from the prior year, signaling strong growth momentum. Expenses of $57K exceeded revenue, resulting in a 486% operating deficit.

Mission

CATALYST MINISTRIES INC SEEKS TO INGNITE IN PEOPLE A PASSION FOR CHRIST.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,915

Program Service Revenue $0

Investment Income $3,767

Other Revenue $90

TOTAL REVENUE $9,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $198

Program Expenses $21,312

Other Expenses $57,292

TOTAL EXPENSES $57,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,772	$4,217	+1.3%
Expenses	$57,292	$3,521	+15.3%
Net Income	$-47,520	$696	-69.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI ERDVIG	BOARD MEMBER	1.00	Director	$0	$0	$0
ROGER ERDVIG	TREASURER	1.00	Officer	$0	$0	$0
PATRICK MCNALLY	PRESIDENT	1.00	Officer	$0	$0	$0
GINA MCNALLY	SECRETARY	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$9,772	$57,292	$748,324	$-47,520
2022	$4,217	$3,521	$795,196	$696
2021	$792,763	$4,023	$798,403	$788,740

CATALYST MINISTRIES INC