Coin Center Inc

EIN: 471315917 Science & Technology

Washington, DC

Total Revenue
$2,556,967
Total Expenses
$3,467,157
Total Assets
$12,873,214
Net Assets
$12,675,510
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DE
Principal Officer
Gerald Brito
Phone
2028046013
Tax Period
2023-01-01 to 2023-12-31

Coin Center Inc, founded in 2014, is a community nonprofit in the Science & Technology sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 36% operating deficit.

Mission

Coin Center is the leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency technologies such as Bitcoin. Our mission is to build a better understanding of these technologies and to promote a regulatory climate that preserves the freedom to innovate using block chain technologies. We do this by producing and publishing policy research from respected academics and experts, educating policymakers and the media about block chain technology, and by engaging in advocacy for sound public policy.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,970,240
Program Service Revenue $0
Investment Income $482,217
Other Revenue $104,510
TOTAL REVENUE $2,556,967

Expense Breakdown

Grants Paid $26,842
Salaries & Benefits $1,716,224
Fundraising Expenses $297,654
Program Expenses $2,743,579
Other Expenses $1,724,091
TOTAL EXPENSES $3,467,157

Year-over-Year Comparison

2023 2022 Change
Revenue $2,556,967 $3,450,499 -0.3%
Expenses $3,467,157 $4,265,706 -0.2%
Net Income $-910,190 $-815,207 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
5
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$842,747
Total Directors
5
$619,832
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Morcos Chairman 1.00
Officer Director
$0 $0 $0
Gerald Brito Executive Director 40.00
Officer Director
$602,985 $16,847 $619,832
Balaji Srinivasan Director 1.00
Director
$0 $0 $0
Robin Weisman Director 1.00
Director
$0 $0 $0
Wences Casares Director 1.00
Director
$0 $0 $0
Antonie Hodge Treasurer and Secretary 40.00
Officer
$206,503 $16,412 $222,915
Peter Van Valkenburgh Director of Research 40.00
Highest
$366,754 $20,622 $387,376
Neeraj Agrawal Director of Communication 40.00
Highest
$228,624 $9,002 $237,626
Landon Zinda Policy Counsel 40.00
Highest
$134,077 $5,114 $139,191
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,556,967 $3,467,157 $12,873,214 $-910,190
2022 $3,450,499 $4,265,706 $13,757,029 $-815,207
2021 $12,910,668 $1,891,606 $15,399,438 $11,019,062
2020 $1,399,573 $1,337,157 $4,382,168 $62,416
2019 $790,549 $1,483,603 $4,334,482 $-693,054
2018 $5,109,997 $1,337,100 $5,039,819 $3,772,897
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