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DIRECT AIR CAPTURE COALITION INC
NEW YORK, NY · EIN 881796646 · Form 990EZ · FY2024 · NTEE C20 · Environment · Small ($100K-$1M)
revenue
$171K
expenses
$122K
net assets
$-30K
employees
—
program ratio
72%
mission · from form 990

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.

profile · synthesized from sources

Nonprofit coalition focused on advancing direct air capture (DAC) technologies to address climate change. The organization works to educate, engage, and mobilize stakeholders globally to scale DAC in a sustainable, equitable, and effective manner. It functions as a non-commercial, full-time entity dedicated to growing the DAC ecosystem.

named programs · 1 · from sources

What they call their work

Direct Air Capture Ecosystem Acceleration
Initiative to grow and accelerate the global direct air capture ecosystem through education, stakeholder engagement, and strategic coordination
activities · 1 group

What they do

  • Climate Change Public Awareness & Advocacy 1 activity
    • Advocacy and public engagement for scaling direct air capture technologies
      Engages and educates the public to build support for the sustainable, equitable, and effective scaling of direct air capture technologies. This includes mobilizing societal and stakeholder action to advance policy and implementation.
financials · form 990EZ · fy2024
revenue
Total revenue$171K
Contributions & grants$171K100%
Program service revenue——
Investment income——
Other revenue—
expenses
Total expenses$122K
Program expenses72%
Admin / overhead28%
Fundraising0%
Salaries & benefits$56K
Grants paid out—
Largest expense lineCompensation
balance sheet
Total assets$151K
Cash$311K
Investments$0
Liabilities$447K
Net assets$-30K
Liquid reserves6.0 mo
3 years on record · 2022–2024 · YoY revenue -71.0%
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.