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Catalyst Public Schools

Bremerton, WA · EIN 83-2652050 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Catalyst Public Schools reported $11.1 million in revenue and $10.0 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $89.78 went to program services, $10.11 to management and general costs and $0.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.0% of the total. Government grants made up 7.8%. The highest compensation it reported for one person was $204,849 (Co-Founder). 5 people received more than $100,000 in reportable compensation. Revenue rose 406% between 2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $10.0M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
14.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
85.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$204,849$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.05%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.413.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.0M expenses · 100.0% of program spending · revenue $9.4M

Operating a public charter school in Bremerton, WA

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Co-Founder
Officer, 50.00 hrs/week
$171,526$0$33,323$204,849
Co-Founder
Officer, 50.00 hrs/week
$167,166$0$32,779$199,945
Director of Operations
Highest compensated employee, 40.00 hrs/week
$124,275$0$28,854$153,129
Principal in Residence
Highest compensated employee, 40.00 hrs/week
$105,090$0$25,084$130,174
Lead Teacher
Highest compensated employee, 40.00 hrs/week
$101,608$0$24,806$126,414

5 people received more than $100,000 in reportable compensation from Catalyst Public Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $222K (Part IX, line 5).

6 filings since 2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$5.0M$10M$15M$20M2020FY2022FY2023FY2024FY2025$11M$10.0M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$10.0M89.8%$4.5M$204,849
FY2024 ⓘ$9.1M$8.3M89.7%$3.4M$220,781
FY2023 ⓘ$7.9M$6.6M89.6%$2.6M$207,728
FY2022 ⓘ$5.4M$5.4M89.4%$1.4M$195,781
FY2021 (8 mo.) ⓘ$2.5M$2.4M80.4%$1.4M$74,781
2020 ⓘ$2.2M$1.8M85.1%$1.3M$139,157

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 595

Private foundation grants it received

1 private foundation reported grants to Catalyst Public Schools totaling $500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Catalyst Public Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Catalyst Public Schools, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Washington

Questions people ask

How much of Catalyst Public Schools's spending goes to programs?

In the fiscal year ending August 31, 2025, Catalyst Public Schools reported that 89.8% of its $10.0 million in expenses went to program services, 10.1% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Catalyst Public Schools pay its top executive?

The largest total compensation Catalyst Public Schools reported for one person in the fiscal year ending August 31, 2025 was $204,849, for the role of Co-Founder (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Catalyst Public Schools get its money?

Of $11.1 million in revenue in the fiscal year ending August 31, 2025, 14.9% came from contributions and grants (including 7.8% from government grants) and 85.0% from program service revenue (Form 990, Part VIII).

Is Catalyst Public Schools a registered charity?

The IRS lists EIN 83-2652050 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202631779349300628 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202520669349301562 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202400799349301620 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202301789349300145 · read the filing
  • FY2021 (8 mo.): Form 990 for the 8-month short period ending August 31, 2021, object 202220409349301882 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202101329349302715 · read the filing

All filings for EIN 83-2652050: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.