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Nonprofiteer
← CATALYST4 INC

Form 990 for tax year 2022

Filed by CATALYST4 INC.

Totals

Total revenue
$3,353,990
Total expenses
$13,097,520
Contributions and grants received
$0
Grants paid
$12,700,000
Program service revenue
$0
Investment income
$3,353,990
Other revenue
$0
Total assets, end of year
$430,537,935
Total liabilities, end of year
$55,175
Net assets or fund balances, end of year
$430,482,760
Program services expenses (Part IX)
$12,844,958
Management and general expenses
$252,562
Fundraising expenses
$0
Program service expenses (Part III)
$12,844,958

Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $4,962,913 · excluded $4,962,913

  • 7a · Gross sales of assets other than inventory

    other assets $7,180,607

  • 7b · Less cost or other basis and sales expenses

    other assets $8,789,530

  • 7c · Gain or loss

    other assets -$1,608,923

  • 7d · Net gain or loss

    total -$1,608,923 · excluded -$1,608,923

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,700,000 · program services $12,700,000

  • 11b · Fees: legal

    total $256,733 · program services $121,783 · management and general $134,950

  • 11c · Fees: accounting

    total $29,961 · management and general $29,961

  • 11g · Fees: other

    total $70,414 · program services $23,175 · management and general $47,239

  • 13 · Office expenses

    total $26 · management and general $26

  • 14 · Information technology

    total $190 · management and general $190

  • 23 · Insurance

    total $37,960 · management and general $37,960

  • 24a · Other expenses: LICENSES & FEES

    total $2,236 · management and general $2,236

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,997,149 · end of year $1,223,178

  • 2 · Savings and temporary cash investments

    beginning of year $369,632,215 · end of year $311,753,847

  • 4 · Accounts receivable

    beginning of year $0 · end of year $25,000

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $2,500,000

  • 11 · Investments: publicly traded securities

    beginning of year $77,739,208 · end of year $47,513,760

  • 12 · Investments: other securities

    beginning of year $15,805,830 · end of year $67,522,150

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,186 · end of year $55,175

  • 27 · Net assets without donor restrictions

    beginning of year $469,143,216 · end of year $430,482,760

Mission and programs · 2022

Mission

TO FOSTER, SUPPORT, PROMOTE AND CONDUCT ACTIVITIES DESIGNED TO BENEFIT AND IMPROVE THE ENVIRONMENT AND GLOBAL HEALTH.

Activities or mission (Part I)

FOSTER, SUPPORT, AND CONDUCT ACTIVITIES TO IMPROVE THE ENVIRONMENT AND GLOBAL HEALTH.

  • SUPPORT FOR RESEARCH AND DEVELOPMENT RELATED TO CENTRAL NERVOUS SYSTEM ("CNS") NEUROLOGICAL DISEASES/DISORDERS (SUCH AS PARKINSON'S, ALZHEIMER'S, ALS, AUTISM, DEMENTIA, BIPOLAR, EPILEPSY, AND NEUROPATHIC PAIN).

    Expenses $79,778

  • FOR THE PURPOSES OF MITIGATING CLIMATE CHANGE.

    Expenses $12,765,180 · Grants $12,700,000

As filed on the 2022 return.

Listed in Part VII

  • Robert Brown

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Mark Vorsatz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • Ekemini Riley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Tara Farnsworth

    SECRETARY & TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CURARE CNS LLC

    INVESTMENT · DE · income -$1,608,923 · assets $51,407,039

    Directly controlled by CATALYST4 INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • THE COLUMN GROUP-NEURO LP

    RELATED · INVESTMENT · CA · 74.25% owned · share of income -$1,246,292 · share of assets $33,686,911

    Directly controlled by CATALYST4 INC

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202333189349316263

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