Direct Air Capture Coalition
Legal name: Direct Air Capture Coalition Inc
Nonprofit profile at a glance
- EIN
- 881796646
- IRS 990-EZ coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9172240766
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Pollution Abatement and Control Services
Reported finances
- Revenue
- $171,185
- Expenses
- $122,039
- Assets
- $151,062
- Liabilities
- $180,742
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- NICHOLAS EISENBERGER (President)
People named in this filing
- NICHOLAS EISENBERGER (President)
- CHRISTOPHER NEIDL (Secretary)
- JASON HOCHMAN (Officer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To increase education and awareness of direct air capture technology and to enable action through raising awareness and spreading information about this exciting technology.
What it reported doing in 2024
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. Since inception, among other things, the DAC Coalition has secured over 100 organizational stakeholder members, hosted several major conferences bringing together key direct air capture ecosystem players, held dozens of convenings and solution-oriented workshops on critical topics facing the direct air capture space, and published many public-facing educational newsletters and social media postings to inform stakeholders and others about important developments in the sector.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 74
- Sustainability: 66
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.3%; rating input score 71
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.7%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.24; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 1.2; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -5.5% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 17% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 71.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.