Technology Coalition Inc
- Assets
- $8.8m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 47-4079690
Organization Overview
Technology Coalition Inc is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Technology Coalition Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Coalition Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Technology Coalition Inc generated $6.2m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 81.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COALITION'S VISION IS TO ERADICATE ONLINE CHILD SEXUAL EXPLOITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TECHNOLOGY COALITION DEVELOPED AND LAUNCHED PROJECT PROTECT -- AN INITIATIVE DESIGNED TO REVITALIZE, REINVENT, AND UP-LEVEL THE TECHNOLOGY COALITION'S WORK AND THAT OF ITS MEMBER COMPANIES IN COMBATING CHILD SEXUAL EXPLOITATION AND ABUSE (CSEA) ONLINE. IT CREATES A NEW BLUEPRINT FOR COLLECTIVE ACTION DRIVEN BY TECHNICAL INNOVATION AND BEST PRACTICES FROM INTERNATIONAL EXPERTS
THE TECHNOLOGY COALITION ESTABLISHED A PARTNERSHIP WITH THE UNICEF'S GLOBAL PARTNERSHIP TO END VIOLENCE AGAINST CHILDREN (EVAC) TO IDENTIFY AND ADVANCE RESEARCH PROJECTS THAT WILL PROVIDE MEANINGFUL AND ACTIONABLE EVIDENCE FOR THE TECHNOLOGY INDUSTRY IN THE FIGHT AGAINST CHILD SEXUAL EXPLOITATION AND ABUSE ONLINE.
THE TECHNOLOGY COALITION HAS FINALIZED AND DISTRIBUTED RESOURCES FOR ITS MEMBERS, INCLUDING A COMPREHENSIVE STARTER KIT FOR NEW MEMBERS AND GUIDANCE ON HOW TO PREPARE FOR AND ISSUE AN INDIVIDUAL COMPANY TRANSPARENCY REPORT. ADDITIONALLY A SERIES OF WEBINARS FOR MEMBERS WERE HOSTED INCLUDING A REVIEW OF VIDEO HASHING, A DISCUSSION OF THE EVOLVING LEGAL LANDSCAPE, AND A BRIEFING ON THE LEGISLATIVE AND REGULATORY ENVIRONMENT IN EUROPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Litton Executive Director | OfficerTrustee | 40 | $278,716 |
Zoe Darmne Treasurer | OfficerTrustee | 2 | $0 |
Remy Malan Board Chair | OfficerTrustee | 2 | $0 |
Gina Woodworth Secretary | OfficerTrustee | 2 | $0 |
Alicia Blum-Ross Director | Trustee | 2 | $0 |
Annie Mullins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,219,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,219,000 |
| Total Program Service Revenue | $0 |
| Investment income | $821 |
| 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 | $6,219,821 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,087,500 |
| 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. | $298,226 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,857 |
| Pension plan accruals and contributions | $10,193 |
| Other employee benefits | $61,641 |
| Payroll taxes | $34,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,840 |
| Fees for services: Accounting | $41,379 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,190 |
| Advertising and promotion | $5,216 |
| Office expenses | $30,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,121 |
| Travel | $12,450 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,317 |
| Insurance | $2,362 |
| All other expenses | $0 |
| Total functional expenses | $2,345,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,795,252 |
| Savings and temporary cash investments | $1,629,697 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,308,000 |
| 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 | $5,782 |
| Net Land, buildings, and equipment | $47,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,026 |
| Total assets | $8,796,131 |
| Accounts payable and accrued expenses | $888,984 |
| 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 | $888,984 |
| Net assets without donor restrictions | $3,470,814 |
| Net assets with donor restrictions | $4,436,333 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,796,131 |
Grants Awarded
Over the last fiscal year, Technology Coalition Inc has awarded $1,082,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: RESEARCH INITIATIVES | $1,000,000 |
El Segundo, CA PURPOSE: COMBAT CHILD ABUSE | $82,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |