Cohere Usa Inc
- Assets
- $32.2k
- Revenue
- $8.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Upper Saddle River, NJ
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-4244279
Organization Overview
Cohere Usa Inc, operating under the name Cohere, is located in Upper Saddle River, NJ. The organization was established in 2018. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cohere 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 12/2022, Cohere generated $8.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COHERE USA INC. WORKS WITH COHERE, A UK NONPROFIT, TO PARTNER WITH REFUGEE-LED ORGANIZATIONS SO THEY CAN TRANSFORM THEIR COMMUNITIES BY OFFERING CRITICAL SERVICES, SKILLS TRAINING, AND OPPORTUNITIES. WE DO THIS THROUGH CAPACITY BUILDING, ADVOCACY, COORDINATION, AND FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPACITY BUILDING - REFUGEE-LED ORGANIZATIONS (RLOS) HOLD THE POTENTIAL TO DELIVER INNOVATIVE AND RADICAL SOLUTIONS TO THEIR COMMUNITIES. COHERE HAS DEVELOPED A CAPACITY STRENGTHENING AND SHARING COURSE WITH OUR PARTNERS WITH OVER 18 MODULES WHICH AIMS TO STRENGTHEN THEIR ORGANIZATIONAL CAPACITY THROUGH SESSIONS IN LEADERSHIP, MANAGEMENT, RESOURCES, FINANCE AND COORDINATION. THE COURSE WAS AWARDED THE UNHCR INNOVATION AWARD FOR PARTNERSHIPS AT THE WORLD REFUGEE FORUM IN GENEVA, SWITZERLAND IN 2019.
ADVOCACY - COHERE ADVOCATES FOR INCREASED DIRECT FUNDING FROM DONORS TO RLOS AND IMPROVING THE MECHANISMS THAT ENABLE THIS. THROUGH OUR WORK WE WANT TO PROVE TO DONORS THAT IF THEY GIVE DIRECTLY THEIR MONEY IS USED MORE EFFECTIVELY AND EFFICIENTLY, AND ALSO PROVIDES SOLUTIONS THAT ARE MORE SUSTAINABLE. USING RESEARCH AND PROOF FROM OUR WORK WE HOPE TO CHANGE MINDSETS AND PRACTICES FOR HOW MONEY IS DISTRIBUTED DURING HUMANITARIAN CRISES AND EMERGENCY RESPONSE.
REFRAME - COHERE HAS DEVELOPED AN INNOVATIVE ONLINE PLATFORM TO PROVIDE OPPORTUNITIES FOR DONORS TO DONATE DIRECTLY TO REFUGEE-LED ORGANIZATIONS ACROSS THE WORLD. WHETHER IT IS A LARGE GRANT FROM INSTITUTIONAL DONORS, OR AN INDIVIDUAL DONOR WHO WOULD LIKE TO GIVE $10 PER MONTH TO A REFUGEE-LED ORGANIZATION, WE HAVE BUILT A PLATFORM TO ENABLE THEM TO FIND, CONNECT AND DONATE TO ORGANIZATIONS.
DIRECT FUNDING - IN 2022, COHERE GAVE REFUGEE-LED ORGANIZATIONS ACROSS EAST AFRICA OVER $500,000 OF FUNDING TO SUPPORT THEIR COMMUNITY INITIATIVES AND GROW THEIR ORGANIZATIONS. WHEN REFUGEE-LED ORGANIZATIONS HAVE THE POWER TO DECIDE HOW THEIR MONEY IS USED THEY TEND TO MAKE THE BEST DECISIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellie Leeson President | OfficerTrustee | 1 | $0 |
Marco Yuri Jimenez Board Member | Trustee | 1 | $0 |
John W Citti Treasurer | OfficerTrustee | 1 | $0 |
Roman Matatov Board Member | Trustee | 1 | $0 |
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 | $8,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,830 |
| 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 | $8,830 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,593 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,994 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $489 |
| 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 | $731 |
| 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 | $32,214 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $32,214 |
| Net assets with donor restrictions | $0 |
| 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 | $32,214 |