Coalition For The New Economy
- Assets
- $30.7k
- Revenue
- $25.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/2011
- Data as of
- 12/2018
- EIN
- 27-4686610
Organization Overview
Coalition For The New Economy is located in Indianapolis, IN. The organization was established in 2011. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. Coalition For The New Economy is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2018, Coalition For The New Economy generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (60.2%) each year. All expenses for the organization totaled $87.3k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (50.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE COMMON GOOD AND GENERAL WELFARE OF THE CITIZENS OF THE UNITED STATES OF AMERICA BY FOSTERING COMPETITION IN TECHNOLOGY AND TELECOMMUNICATION COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA OUTREACH INCLUDING THE DEVELOPED AND DISTRIBUTION OF MATERIALS, BLOG POSTS AND SOCIAL MEDIA UPDATES. REACHED OUT TO COALITION MEMBERS AND PARTNER ORGANIZATIONS WITH NEWS ON LEGISLATIVE AND POLICY HAPPENINGS. UPDATED AND MAINTAINED THE COALITION FOR THE NEW ECONOMY WEBSITE WITH NEWS AND BLOG POSTINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Snyder President | OfficerTrustee | 1 | $0 |
Gale Lively Secretary | OfficerTrustee | 1 | $0 |
Joe Grueters Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dci Group Llc Consulting | 12/30/16 | $2,015,060 |
Dsw Solutions Llc Consulting | 12/30/16 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,702 |
| Fees for services: Accounting | $10,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,800 |
| Advertising and promotion | $0 |
| Office expenses | $499 |
| Information technology | $8,450 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,672 |
| All other expenses | $0 |
| Total functional expenses | $87,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,653 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,653 |
| Accounts payable and accrued expenses | $2,893 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,893 |
| Unrestricted restricted net Assets | $27,760 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $27,760 |
Grants Awarded
Over the last fiscal year, Coalition For The New Economy has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR INDIVIDUAL FREEDOM PURPOSE: GENERAL SUPPORT | $10,000 |
TAXPAYERS PROTECTION ALLIANCE PURPOSE: GENERAL SUPPORT | $50,000 |