Coalescion EIN 86-1436675 Form 990 (PDF) Claim this org

Coalescion FY2023 filing

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Coalescion is an education nonprofit based in Alexandria, VA. For fiscal year 2023 it reported $734K in revenue, $1.0M in expenses, and $-451K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Alexandria, VA
Website
www.coalescion.org
Filings
4 on file (2021–2023)
Revenue
$734KFY2023
Expenses
$1.0M
Net assets
$-451K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-1436675 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
an education nonprofit
Leadership
Shawn Baker Garcia · Founder and CEO · $49K
Money in and out
$734K revenue, $1.0M expenses
Bottom line
69% program efficiency
Where the money goes · FY2023
Total revenue
$734K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$-451K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$276K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31
Program efficiency
69%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-38%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$734K
FY2023▲ +17%
Expenses
$1.0M
FY2023▲ +63%
Total assets
$13K
FY2023▲ +64%
Total liabilities
$465K
FY2023▲ +479%
Total revenue
$734K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$-451K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$276K
Total assetsPt X · Ln 16$13K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCoalescion
EINHdr · item D86-1436675
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jwww.coalescion.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFJun 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder and CEO
$48,811Pt VII · Sec A
Vice President (until Mar 2023)
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasuser (until Mar 2023)
$0Pt VII · Sec A
Vice President (start Mar 2023)
$0Pt VII · Sec A

Eric Howell’s $109K as Senior Program Manager is at the 38th percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Eric Howell$109,265
Shawn Baker Garcia$57,917$48,811$50,000
Shawn Baker Ga$50,000
Shawn Baker-Garcia$43,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $701K of program spending, described in the organization's own filed words · FY2023.
01

Coalescion published "chessboard strategies in foreign policy, are we winning or losing?" article; implemented a technical training workshop for the government of iraq and jordan; participated in the counter expo 2023 in new dehli; implemented three (3) nonproliferation scientist engagement program workshops in eastern europe; presented…

$701Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$629K · 86%
Program service revenue$102K · 14%
Contributions & grants86%$629K
Program service revenue14%$102K
Investment income$3K
— government grantsLn 1e$628K
Total revenueLn 12$734K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$701K
Management & general31%$310K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$13K
Total liabilitiesLn 26$465K
Total net assetsLn 32$-451K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $1.0M
0.1 months
Where the money goes
Program services
Program services $701K · Total expenses $1.0M
69%
Management & General
Management & general $310K · Total expenses $1.0M
31%
Fundraising
Fundraising $0 · Total expenses $1.0M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $515
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $629K · Total revenue $734K
86%
Government reliance
Government grants $628K · Total revenue $734K
86%
Earned-income share
Program service revenue $102K · Total revenue $734K
14%
Investment reliance
Investment income $3K · Total revenue $734K
+0.4%
Program self-sufficiency
Program service revenue $102K · Total expenses $1.0M
10%
Growth & trend
Revenue growth (YoY)
This year $734K · Prior year $628K
+17%
Net-asset trend (YoY)
End of year $-451K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $734K · Expenses $1.0M
-38%
Liabilities-to-Assets
Total liabilities — · Total assets $13K
Net-asset ratio
Net assets $-451K · Total assets $13K
-3352%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $13K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Shawn Baker Garcia · Reported title FOUNDER AND CEO · Highest reported compensation $49K · Total expenses $1.0M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $134K · Total expenses $1.0M
13%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 31%
Fundraising cost ratio 0%
Revenue growth 17%
Legal fee ratio 0.3%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.8M revenue · ⤓ 990 PDF
FY2023$734K revenue · viewing · ⤓ 990 PDF
FY2022$628K revenue · ⤓ 990 PDF
FY2021$51K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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