NonprofitsDirect Air Capture Coalition Inc

Environment

Direct Air Capture Coalition Inc

WESTPORT, CT

Total revenue

$171K

Total expenses

$122K

Net assets

Grants received

$367K

6 grants

EIN

881796646

Tax year

2024

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.

Financials

FY 2024

Revenue

Contributions & grants$171K
Program service revenue
Investment income
Other revenue
Total revenue$171K

Expenses

Grants paid
Salaries & benefits$56K
Fundraising
Other expenses$62K
Total expenses$122K
Total assets$151K
Net assets

People

3 listed

NameRoleCompensation

NICHOLAS EISENBERGER

President

Board

0

CHRISTOPHER NEIDL

Secretary

Board

0

JASON HOCHMAN

Officer

Board

0

Grants received

Showing 6 of 6

FromAmountPurposeYear
$15K
POLICY IMPLEMENTATION
2024
$50K
EVENT SPONSORSHIP
2023
$50K
TO ASSIST IN THE PURPOSE OF THE CHARITY
2023
$17K
PROJECT SUPPORT
2023
$135K
ENVIRONMENTAL PROGRAMS
2022

Funded by

$367K from 5 funders · 6 grants · 2022–2024

Windward Fund

$135K · 1 grant · 2022

Silicon Valley Community Foundation

$100K · 1 grant · 2023

Breakthrough Energy Foundation

$65K · 2 grants · 2023–2024

The Sirovich Family Charitable Fdn

$50K · 1 grant · 2023

Climateworks Foundation

$17K · 1 grant · 2023

Details

EIN881796646
NTEE codeC20
Subsection03
Ruling date2023-09
DIRECT AIR CAPTURE COALITION INC — Mission, Financials & Grants Received | Grantivo