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

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $27K a year · 7% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$181K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$171K
-71% vs prior year
Net assets
−$30K
By yearFY2022–FY2024
Revenue
$171K
FY2024▼ -71%
Tap a bar for its year
Revenue by fiscal year
FY2022$207K
FY2023$590K
FY2024$171K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2022$124K
FY2023$620K
FY2024Not on file
Net assets
−$30K
FY2024▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2022$83K
FY2023−$79K
FY2024−$30K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jason Hochman’s $78K as Officer is at the 61st percentile of top reported officer pay among 1990 $100K–1M environment 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.

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Programs and updates

Educates and mobilizes society to scale direct air capture technologies sustainably and equitably.

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Provided by the organization

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1 program · $447K · in their own filed words · FY2023
01

The DAC Coalition brings together global innovators to mobilize society for Direct Air Capture a critical solution for addressing climate change and unlocking a more sustainable, equitable, and prosperous future.

$447Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$171K
Other income$171K
Owns and owes
−$30K
net assets
Liabilities$181K
People
3
listed
Paid0
2In more detail
Revenue in detail
Other income$171K
Total revenue$171K
Assets in detailEnd of year
Liabilities$181K
Net assets−$30K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $171K−$30K 990 PDF
FY2023 $590K$620K−$29K−$79K 990 PDF
FY2022 $207K$124K$83K$83K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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