Coda Media Inc
- Assets
- $633.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- EIN
- 47-5374444
Organization Overview
Coda Media Inc is located in New York, NY. As of 12/2021, Coda Media Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coda Media Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Coda Media Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 16.6% per year over the past 3 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
EDUCATE THE PUBLIC BY WRITING AND PUBLISHING NEWS ARTICLES WITH A FOCUS ON GLOBAL CRISES TO MAKE COMPLEX ISSUES ACCESSIBLE TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM WORK INCLUDES EDITING, COMMISSIONING ARTICLES, FORMULATING CONTENT AND EDITORIAL STRATEGY, FUNDRAISING, AND GRANT-SEEKING ACTIVITIES. NON-COMPENSATED INTERNS ALSO PROVIDE EDITORIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilan Greenberg Publisher, Editorial Dir & Treasurer | OfficerTrustee | 50 | $97,000 |
Natalia Antelava Co-Founder, CEO And Editor-In-Chief | OfficerTrustee | 60 | $70,500 |
Nicholas Dawes President | OfficerTrustee | 0.6 | $0 |
Belinda Goldsmith Director | Trustee | 0.2 | $0 |
Liz Heron Director | Trustee | 0.2 | $0 |
Maria Ressa Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,844 |
| All other contributions, gifts, grants, and similar amounts not included above | $892,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,056,970 |
| Total Program Service Revenue | $95,940 |
| 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 | $1,152,910 |
| 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 | $1,370 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,500 |
| Compensation of current officers, directors, key employees. | $18,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $381,906 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,625 |
| Fees for services: Accounting | $11,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $309,159 |
| Advertising and promotion | $9,158 |
| Office expenses | $39,226 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,819 |
| Travel | $4,552 |
| 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 | $5,966 |
| All other expenses | $0 |
| Total functional expenses | $1,026,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,186 |
| 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 | $11,192 |
| 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 | $633,874 |
| Accounts payable and accrued expenses | $10,000 |
| 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 | $64,000 |
| Total liabilities | $74,000 |
| Net assets without donor restrictions | $345,823 |
| Net assets with donor restrictions | $214,051 |
| 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 | $633,874 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Coda Media Inc has recieved totaling $169,629.
| Awarding Organization | Amount |
|---|---|
King Baudouin Foundation United States Inc New York, NY PURPOSE: TO SUPPORT PUBLIC-INTEREST JOURNALISM. | $150,300 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $11,329 |
Institute For Nonprofit News Beverly Hills, CA PURPOSE: INN DIRECT SUPPORT - 2021 COLUMBIA INTERN GRANT | $8,000 |
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Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
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