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Nonprofit · EIN 46-4841836

CATALYST FUND

Tax-exempt · BATON ROUGE, LA 70806

Financials

$13K$111K2021$102K$111K2022$18K$108K2023$8K$1K2024
Revenue Expenses · by fiscal year end
Financials of CATALYST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,700$1,129$6,571$3,279,059$10,001$3,269,058
December 31, 2023990 (amended)$18,395$108,268-$89,873$3,262,488$1$3,262,487
December 31, 2022990$101,900$110,774-$8,874$3,203,360$0$3,203,360
December 31, 2021990$12,802$111,098-$98,296$2,789,624$4,155$2,785,469
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$7,700
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$474
Management and general (functional)
$1,129

Balance sheet and other

Total assets, start of year
$3,262,488
Total assets, end of year
$3,279,059
Total liabilities, end of year
$10,001
Net assets, end of year
$3,269,058
Net assets without donor restrictions
$3,269,058
Gross receipts
$7,700
Employees
1
Year formed
2012
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM ELLISONCEO
Trustee or director, Officer
20$0
VENEETH LYENGARDirector
Trustee or director
0.5$0
STEPHANIE CARGILEDirector
Trustee or director
0.5$0
MICHAEL MOLESDirector
Trustee or director
0.5$0
JIM ODOMDirector
Trustee or director
0.5$0
PRESTON CASTILLEDirector
Trustee or director
0.5$0
PAIGE CARTERDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
WILLIAM ELLISONCEO
Trustee or director, Officer
20$0
VENEETH LYENGARDirector
Trustee or director
0.5$0
STEPHANIE CARGILEDirector
Trustee or director
0.5$0
MICHAEL MOLESDirector
Trustee or director
0.5$0
JIM ODOMDirector
Trustee or director
0.5$0
PRESTON CASTILLEDirector
Trustee or director
0.5$0
PAIGE CARTERDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensationFrom related orgs
WILLIAM ELLISONCEO
Trustee or director, Officer
20$90,711$87,289
VENEETH LYENGARDirector
Trustee or director
0.5$0$0
STEPHANIE CARGILEDirector
Trustee or director
0.5$0$0
MICHAEL MOLESDirector
Trustee or director
0.5$0$0
JIM ODOMDirector
Trustee or director
0.5$0$0
PRESTON CASTILLEDirector
Trustee or director
0.5$0$0
PAIGE CARTERDirector
Trustee or director
0.5$0$0
990 for the year ended December 31, 2021: 7 people
NameTitleHours / weekCompensationFrom related orgs
WILLIAM ELLISONCEO
Trustee or director, Officer
20$87,528$90,951
VENEETH LYENGARDirector
Trustee or director
0.5$0$0
STEPHANIE CARGILEDirector
Trustee or director
0.5$0$0
MICHAEL MOLESDirector
Trustee or director
0.5$0$0
JIM ODOMDirector
Trustee or director
0.5$0$0
PRESTON CASTILLEDirector
Trustee or director
0.5$0$0
PAIGE CARTERDirector
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
7117 FLORIDA BLVD, BATON ROUGE, LA 70806-4549
In care of
% JEANNE BAYLESS
Principal officer (990 for 2024)
WILLIAM ELLISON, 7117 FLORIDA BOULEVARD, BATON ROUGE, LA 70806
Signed the 990
WILLIAM ELLISON, CEO
Phone
(225) 215-2465
Return prepared by
Pedelahore & Co LLP

Mission

TO ACCELERATE THE GROWTH OF THE LOUISIANA TECHNOLOGY-BASED ECONOMY BY IDENTIFYING, EDUCATING AND CONNECTING ENTREPRENEURS, INVESTORS, UNIVERSITIES, GOVERNMENT AGENCIES AND BUSINESSES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CATALYST FUND IS A NONPROFIT EVERGREEN FUND FORMED TO INVEST IN EARLY-STAGE, HIGH-POTENTIAL STARTUP COMPANIES BASED IN LOUISIANA.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-4841836
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,279,059
Income (IRS master file)
$7,700

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,700$1,129$3,279,059XML
990December 2023$18,395$108,269$3,219,817XML
990-TDecember 2023–––IRS
990December 2022$101,900$110,774$3,203,360XML
990-TDecember 2022–––IRS
990December 2021$12,802$111,098$2,789,624XML
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4841836).

Questions about CATALYST FUND

What is the EIN of CATALYST FUND?
The employer identification number (EIN) of CATALYST FUND is 46-4841836.
Is CATALYST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CATALYST FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CATALYST FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CATALYST FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CATALYST FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CATALYST FUND?
The 990 for the year ended December 31, 2024 names WILLIAM ELLISON.
Who are the officers and directors of CATALYST FUND?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does CATALYST FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,700, expenses of $1,129 and total assets of $3,279,059 at year end.

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