DIRECT AIR CAPTURE COALITION INC

EIN: 881796646 501(c)(3) Environment

NEW YORK, NY

Total Revenue
$590,391
Total Expenses
$619,583
Total Assets
$368,135
Net Assets
$-78,826
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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
2022
Legal Domicile
DE
Phone
9172240766
Tax Period
2023-01-01 to 2023-12-31

DIRECT AIR CAPTURE COALITION INC, founded in 2022, is a small nonprofit in the Environment sector that reported $590K in total revenue in fiscal year 2023. Revenue surged 185% from the prior year, signaling strong growth momentum.

Mission

The Corporation was organized and is operated exclusively for charitable, and/or educational purposes, within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986, as the same may be amended (the Code), including, but not limited to, educating, engaging, and mobilizing society to scale direct air capture technologies in a sustainable, equitable, and effective way (the Corporation's exempt purposes).The Corporation is a multi-stakeholder, climate-focused, public spirited coalition focused on educating, engaging, and mobilizing society to scale direct air capture technologies in a sustainable, equitable, and effective way.The Corporation is not a trade association or an advocacy group,but instead serves as the only non-commercial global organization with a core, full-time focus on growing and accelerating the direct air capture ecosystem.To date, the Corporation has only been engaged in organizational activities.The Corporation intends to serve everyone in the direct air

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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 $590,391
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $590,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $151,535
Fundraising Expenses $0
Program Expenses $446,786
Other Expenses $468,048
TOTAL EXPENSES $619,583

Year-over-Year Comparison

2023 2022 Change
Revenue $590,391 $207,000 +1.9%
Expenses $619,583 $124,135 +4.0%
Net Income $-29,192 $82,865 -1.4%
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
N/A
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
$78,500
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON HOCHMAN Officer 0.00
Officer
$78,500 $0 $78,500
NICHOLAS EISENBERGER President 0.00
Director
$0 $0 $0
CHRISTOPHER NEIDL Secretary 0.00
Director
$0 $0 $0
SOPHIE GALLOIS Treasurer 0.00
Director
$0 $0 $0
JAMES ROGERS Officer 0.00
Officer
$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
2023 $590,391 $619,583 $368,135 $-29,192
2022 $207,000 $124,135 $82,865 $82,865
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