Small Public Charity

CATALYST MINISTRIES INC

CATALYST MINISTRIES INC is a Small Public Charity headquartered in DAYTONA BEACH SHORES, FL. Financial data from the 2024 filing: $38K revenue, $43K expenses, $60K total assets. 6 publicly reported grants to this organization, totaling roughly $138K, appear in IRS filings.

EIN: 463000149 DAYTONA BEACH SHORES, FL Latest filing: 2024
Total Revenue$38K
Total Expenses$43K
Total Assets$60K
Grant Records6
Funding Total$138K
Filing Years2019–2024

Mission

CATALYST MINISTRIES, INC. ("CMI") WAS INCORPORATED TO CHALLENGE AND TEACH CHRISTIAN MEN HOW TO GROW INTO GODLY PARENTS, EQUIPPING THEM TO SPIRITUALLY TRAIN THEIR CHILDREN REGARDLESS OF THEIR CIRCUMSTANCES AND INTENTIONALLY BUILDING A LEGACY OF FAITH IN CHRIST. CMI'S MISSION IS TO BUILD A LEGACY OF FAITH BY EMPOWERING MEN TO BECOME GODLY FATHERS AND MENTORS THROUGH ENCOURAGEMENT, SPIRITUAL DISCIPLESHIP, EDUCATION AND THE DEVELOPMENT OF GODLY CHARACTER. THE ORGANIZATION'S CENTERPIECE IS A FULL-TIME NATIONALLY ACCREDITED BIBLE COLLEGE AT MT. OLIVE CORRECTIONAL COMPLEX WHERE MEN STUDY THE WORD AND WORKS OF JESUS CHRIST AND THE MORALITY HE TEACHES. THEY USUALLY UNDERGO A COMPLETE TRANSFORMATION OF THEIR HEARTS THAT LEADS TO A TRANSFORMATION OF THEIR VALUES, THEIR BEHAVIOR, AND METHODS OF LEADERSHIP AND THOSE THINGS WORK TO BRING A NEW KIND OF PRISON REFORM.

Sample Grants Received

2023
For grant recipient's exempt purposes
$25,500
2022
For grant recipient's exempt purposes
$25,500
2020
For grant recipient's exempt purposes
$25,500
2019
For grant recipient's exempt purposes
$5,500
2018
For grant recipient's exempt purposes
$25,500

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

PRESIDENT Calvin Sutphin Ii
SECRETARY/TR Errol Randle
VICE PRESIDE Terry Mayhew

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$107,500 5 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$30,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $38K $43K $60K
2023 $63K $82K $87K
2022 $107K $67K $107K
2020 $121K $91K $57K
2019 $155K $188K $43K

Between 2019 and 2024, reported annual revenue declined from $155K to $38K (-75%), with total assets most recently reported at $60K.

Interactive year-over-year charts and full filing details available with membership.

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