Catalyst4 Inc is a 501(c)(4) organization based in Palo Alto, California, registered in 2022, with $48,489,989 in FY2024 revenue. CharityIndex grades it C, and it directs about 97% of spending to programs.
Revenue (FY2024)
$48.5M
▼ 93.1% vs prior year
Environment median: $250K
Expenses (FY2024)
$80.9M
Net assets
$1.1B
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Catalyst4 Inc: 97% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Catalyst4 Inc: 157 mo reserves · -67% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Catalyst4 Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Catalyst4 Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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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).
Revenue declined from $472.0M (FY2021) to $48.5M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-66.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$37.5M
Net assets
$1.1B
Salaries & benefits
$0
0% of expenses
Board members
3
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48,489,989▼93.1% | $80,949,362▼8.1% | $1,061,785,093▼1.7% | $1,099,305,270▼3.5% | 990 |
| 2023 | $700,829,467▲20795% | $88,039,993▲572% | $1,080,140,064▲151% | $1,139,515,662▲165% | 990 |
| 2022 | $3,353,990▼99.3% | $13,097,520▲13869% | $430,482,760▼8.2% | $430,537,935▼8.2% | 990 |
| 2021 | $471,952,104 | $93,759 | $469,143,216 | $469,174,402 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ekemini Riley | Director | 0.5 | — |
| Mark Vorsatz | Director | 0.8 | — |
| Robert Brown | President/director | 10 | — |
| Tara Farnsworth | Secretary & Treasurer | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Freedman Consulting LLC | Consulting Services | $1,350,267 |
| Dataseer Research Data Svcs Ltd | Consulting Services | $724,000 |
| Wilson Sonsini Goodrich & Rosati | Legal Services | $648,423 |
| Willkie Farr & Gallagher | Legal Services | $430,207 |
| Fgs Global (us) LLC | Consulting Services | $379,230 |
9 grants totaling $43.0M in FY2024. All grants made by Catalyst4 Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Sixteen Thirty Fund | For the purpose of environmental programs | $25,000,000 |
| Energy Action Fund | For the purpose of environmental programs | $6,600,000 |
| League of Conservation Voters Inc | For the purpose of environmental programs | $3,545,000 |
| Spark Ns Inc | For the purpose of central nervous system ("cns") programs | $3,150,000 |
| Humboldt Area Foundation | For the purpose of environmental programs | $2,555,060 |
| Greenlight Action | For the purpose of environmental programs | $1,200,000 |
| Fund For A Better Future Inc | For the purpose of environmental programs | $550,000 |
| Environmental Defense Action Fund | For the purpose of environmental programs | $400,000 |
| Wastewater Action Alliance Inc | For the purpose to improve global health | $25,000 |
Explore more
Data for Catalyst4 Inc (EIN 87-3323607) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.