CATALYTIC FOUNDATION

EIN: 852417261 501(c)(3) Religion

PROSPERITY, SC

Total Revenue
$157,432
Total Expenses
$155,521
Total Assets
$18,644
Net Assets
$14,825
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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
2020
Legal Domicile
VA
Principal Officer
MICHAEL LARKIN
Phone
2133998857
Tax Period
2024-01-01 to 2024-12-31

CATALYTIC FOUNDATION, founded in 2020, is a small nonprofit in the Religion sector that reported $157K in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum.

Mission

BUILD THE INFRASTRUCTURE FOR A MAJOR NATIONWIDE MINISTRY, THE GREAT AWAKENING PROJECT - GAP, PROVIDE MONTHLY OPERATION FUNCTIONS, AND MINISTRY CONSULTING SERVICES.

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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 $107,773
Program Service Revenue $49,659
Investment Income $0
Other Revenue $0
TOTAL REVENUE $157,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,747
Fundraising Expenses $0
Program Expenses $150,564
Other Expenses $30,774
TOTAL EXPENSES $155,521

Year-over-Year Comparison

2024 2023 Change
Revenue $157,432 $64,239 +1.5%
Expenses $155,521 $106,770 +0.5%
Net Income $1,911 $-42,531 -1.0%
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
4
Independent Members
3
Employees
3
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
1
$122,558
Total Directors
3
$122,558
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROXANNE LARKIN MEMBER 5.00
Director
$0 $0 $0
MIKE LARKIN PRESIDENT/CEO 40.00
Officer Director
$122,558 $0 $122,558
THOMAS RIZUTO MEMBER 5.00
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
2025 No data No data No data No data
2024 $157,432 $155,521 $18,644 $1,911
2023 $64,239 $106,770 $14,526 $-42,531
2022 $299,559 $245,811 $69,526 $53,748
2021 $202,353 $209,754 $3,319 $-7,401
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