CATALYST DEVELOPMENT CORPORATION (EIN 814930735) - 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

2016

Principal Officer

DWAYNE MARSHALL

Tax Period

2024-01-01 to 2024-12-31

CATALYST DEVELOPMENT CORPORATION, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 1022% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 90% operating margin.

Mission

TO IMPROVE THE ECONOMIC HEALTH OF LOW TO MODERATE-INCOME RESIDENTS OF CHATHAM COUNTY, GEORGIA AND SIMILAR COMMUNITIES BY PROVIDING AFFORDABLE HOUSING, FINANCIAL SERVICES, AND EDUCATION ON FINANCIAL EMPOWERMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,060,346

Program Service Revenue $0

Investment Income $21,709

Other Revenue $3,609

TOTAL REVENUE $2,085,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,791

Fundraising Expenses $0

Program Expenses $154,989

Other Expenses $169,244

TOTAL EXPENSES $206,035

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,085,664	$185,877	+10.2%
Expenses	$206,035	$173,395	+0.2%
Net Income	$1,879,629	$12,482	+149.6%

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

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

$36,791

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DWAYNE MARSHALL	EXEC DIRECTO	10.00	Officer	$26,791	$0	$26,791
KENNETH J RANCE	EXEC DIRECTO	10.00	Officer	$10,000	$0	$10,000
AMARI ADAMS	TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT CENTER	DIRECTOR	1.00	Director	$0	$0	$0
TERRY ENOCH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBERT E JAMES II	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
EDNA JACKSON	DIRECTOR	1.00	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	$2,085,664	$206,035	$2,650,458	$1,879,629
2022	$8,649	$153,401	$544,638	$-144,752
2021	$253,358	$123,046	$1,138,996	$130,312
2020	$288,668	$126,450	$331,769	$162,218

CATALYST DEVELOPMENT CORPORATION