Coalition for Equitable Regulation

Nonprofit profile at a glance

EIN
541761887
IRS 990-EZ coverage
2010–2022
Forms available
Form 990-EZ 2022
Location
Bainbridge Island, WA, USA
Phone
2025501272
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Finance, Taxation, Monetary Policy

Reported finances

Revenue
$140,271
Expenses
$168,424
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • TERRENCE F HANLON (PRESIDENT, D)

People named in this filing

  • TERRENCE F HANLON (PRESIDENT, D)
  • PHILIP DIEHL (SECRETARY/TR)
  • DAVID L GANZ (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The coalition for equitable regulation and taxation provides analysis of state and local legislation involving such matters as interstate sales taxes, registration requirements for out of state sellers, criteria for registration as a "broker-dealer" as well as reporting requirements for cash transactions. An equally important purpose is the tracking of state and federal legislation potentially affecting the rare coin and precious metals business community. Research results are provided to educate state and federal government officials of the impact, often unintentional consequences, of existing and proposed legislation.

What it reported doing in 2022

Forty states have passed legislation exempting or exclusing precious metals sales from state sales tax collection resulting from materials provided to local, state, or federal interests illustrating the negative impact of such legislation since the precious metals often have less than a 2% margin between buy and sell, causing sales tax to terminate business. Legal challenges in three states illustrating the great burden placed upon small business on interstate commerce with extremely complex and widely disparate local laws often resulting in more cost in compliance than paid in taxes resulting from the compliance. Third party contractor use in legal analysis, examination of committee testimony, criteria assessing revenue impact and on occasion contacting state and federal government officials in efforts to educate members and staff on the experience of small business facing compliance burdens which do not result in revenue gains for the taxing authority nor uncover or identify criminal money laundering activity resulting in law enforcement action.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 12
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -20.1%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: -2.9% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $168K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.