COALITION ADVANCING TECHNOLOGY AND INNOVATION

EIN: 825470000 501(c)(3) Science & Technology

Ashburn, VA

Total Revenue
$3
Total Expenses
$86,366
Total Assets
$62,289
Net Assets
$-88,611
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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
2018
Legal Domicile
VA
Principal Officer
JOSEPH SHIELDS
Phone
9732707615
Tax Period
2020-01-01 to 2020-12-31

COALITION ADVANCING TECHNOLOGY AND INNOVATION, founded in 2018, is a micro nonprofit in the Science & Technology sector that reported $3 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $86K exceeded revenue, resulting in a 2878767% operating deficit.

Mission

COALITION ADVANCING TECHNOLOGY (CATAI) ENGAGED WITH PROFESSIONALS, ENGINEERS AND TECHNICAL EXPERTS FROM BOTH GOVERNMENT AND INDUSTRY THROUGHOUT THE YEAR. CATAI HOSTED A NUMBER OF SMALL EVENTS, WEB SITE AND CALLS.

Program Service Accomplishments

Program 1

THE LARGE EVENTS PROVIDED TRAININGS AND TECHNICAL BRIEFINGS AND FOCUSED ON INTERNET OF THINGS,(IOT) MACHINE LEARNING, EDGE AND DEPLOYABLE SOLUTIONS IN US DEFENSE. FEATURED FORMER SEC. OF DEFENSE ASH...

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THE LARGE EVENTS PROVIDED TRAININGS AND TECHNICAL BRIEFINGS AND FOCUSED ON INTERNET OF THINGS,(IOT) MACHINE LEARNING, EDGE AND DEPLOYABLE SOLUTIONS IN US DEFENSE. FEATURED FORMER SEC. OF DEFENSE ASH CARTER AND OTHER LEADERS FROM THE US AND ACROSS THE GLOBE. CATAI EXAMINED HOW VIDEO CONFERENCING TECHNOLOGY CAN BE BETTER USED, ESPECIALLY IN IMPORTANT REGIONS LIKE THE ASIAN PACIFIC. CATAI WORKED TO PINPOINT MARKET AND GOVERNMENT NEEDS, BEST-IN-CLASS SOLUTIONS AND WHAT BARRIERS EXIST TO THESE TECHNOLOGICAL ADVANCEMENTS, BOTH PRACTICALL AND FROM A POLICY STANDPOINT. HELPED EDUCATE AND FACILITATE HOW THE PRIVATE AND PUBLIC SECTOR CAN WORK AND COLLABORATE BEST TOGETHER.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $3

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,100
Fundraising Expenses $0
Other Expenses $8,266
TOTAL EXPENSES $86,366

Year-over-Year Comparison

2020 2019 Change
Revenue $3 $666,349 -1.0%
Expenses $86,366 $666,043 -0.9%
Net Income $-86,363 $306 -283.2%
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
2
Independent Members
2
Employees
N/A
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
2
$78,100
Total Directors
2
$78,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH SHIELDS DIRECTOR AND TREASURER 40.00
Officer Director
$78,100 $0 $78,100
ALEXANDER SANCHEZ SECRETARY AND DIRECTOR 40.00
Officer Director
$0 $0 $0
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
2020 $3 $86,366 $62,289 $-86,363
2019 $666,349 $666,043 $306 $306
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