Civic Intelligence

Coala Foundation

990EZ • Fiscal year 2018 • EIN 47-5135776

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 09, 2019

Organization ProfileWWW.COALA.GLOBAL.COM
1639 153rd Avenue SEBellevue, WA 98007

(973) 535-2880

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

43.96x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

0.36x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

9th percentile

-43%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-95%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-29%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$455

Up $455 from 2017

Net Assets

Down

-$19,545

Down $29,092 (-305%) from 2017

Liabilities

Up

$20,000

Up $20,000 from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin9th percentile

Revenue

Down

$55,366

Down $22,567 (-29%) from 2017

Expenses

Down

$78,989

Down $14,397 (-15%) from 2017

Net Income

Down

-$23,623

Down $8,170 (-53%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0-$50KAssets 2016: $1Liabilities 2016: $151,5772016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $9,5472017Assets 2018: $455Liabilities 2018: $20,000Net Assets 2018: -$19,5452018Assets 2020: $64,200Liabilities 2020: $21,4722020Assets 2021: $68,234Liabilities 2021: $21,4722021Assets 2022: $42,728Liabilities 2022: $21,4722022

Highlighted filing

2018

Assets$455
Liabilities$20,000
Net Assets-$19,545
Open 2018 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2016: $57,728Expenses 2016: $209,305Net Income 2016: -$151,5772016Revenue 2017: $77,933Expenses 2017: $93,386Net Income 2017: -$15,4532017Revenue 2018: $55,366Expenses 2018: $78,989Net Income 2018: -$23,6232018Revenue 2020: $184,508Expenses 2020: $105,444Net Income 2020: $79,0642020Revenue 2021: $59,022Expenses 2021: $54,988Net Income 2021: $4,0342021Revenue 2022: $55,000Expenses 2022: $80,506Net Income 2022: -$25,5062022

Highlighted filing

2018

Revenue$55,366
Expenses$78,989
Net Income-$23,623
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 9, 2019
Return Version
2018v3.1
Gross Receipts
$55,366
Mission and Program Overview

Mission

COALA's mission is to create a global dialogue involving multiple stakeholders in the blockchain ecosystem.

The organizations mission to enable foundational multi-disciplinary research and collaboration among a variety of experts from different disciplines and networks, with a common interest in blockchain technology. Coala gathers lawyers, academics, computer scientists, and entrepreneurs with a collaborative mindset, researching together the challenges and opportunities of blockchain technologies, and the impact of automation and decentralization on law and society.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATIONS MISSION TO ENABLE FOUNDATIONAL MULTI-DISCIPLINARY RESEARCH AND COLLABORATION AMONG A VARIETY OF EXPERTS FROM DIFFERENT DISCIPLINES AND NETWORKS, WITH A COMMON INTEREST IN BLOCKCHAIN TECHNOLOGY. COALA GATHERS LAWYERS, ACADEMICS, COMPUTER SCIENTISTS, AND ENTREPRENEURS WITH A COLLABORATIVE MINDSET, RESEARCHING TOGETHER THE CHALLENGES AND OPPORTUNITIES OF BLOCKCHAIN TECHNOLOGIES, AND THE IMPACT OF AUTOMATION AND DECENTRALIZATION ON LAW AND SOCIETY.$0$76,269
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CONSTANCE J CHOIDirectorPT$0--
PRIMAVERA DE PHILIPADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Coala Foundation
EIN
47-5135776
Phone
9735352880
Address
1639 153RD AVENUE SE, BELLEVUE, WA 98007

Signing Officer

Name
Constance J Choi
Title
Director
Phone
9735352880
Signed
2019-11-09
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
293 EISENHOWER PKWY SUITE 170, LIVINGSTON, NJ 07039
Preparer
Edmond P Brady
Phone
9735352880
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 1.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: report fees. Amount: 38,800. Description: travel. Amount: 13,809. Description: workshops. Amount: 22,837. Description: bank fees. Amount: 110. Description: wire transfer fees. Amount: 340. Description: office expenses. Amount: 2,009. Total to form 990-ez, line 16: 77,905.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loan from director choi. Beg. Of year amount: 25,000. End of year amount: 20,000.”

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt055365
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt055366
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: REPORT FEES. AMOUNT: 38,800. DESCRIPTION: TRAVEL. AMOUNT: 13,809. DESCRIPTION: WORKSHOPS. AMOUNT: 22,837. DESCRIPTION: BANK FEES. AMOUNT: 110. DESCRIPTION: WIRE TRANSFER FEES. AMOUNT: 340. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,009. TOTAL TO FORM 990-EZ, LINE 16: 77,905.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/FilingSecurityInformation/IPTm010:21:49
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ReturnHeader/ReturnTs02019-11-11T11:14:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$455
Liabilities
$20,000
Net assets
-$19,545
Revenue
$55,366
Expenses
$78,989
Net income
-$23,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$0.43$0.21$0.55$0.81$0.26
2021Summary only. Only limited summary data is available for this year.$0.68$0.21$0.59$0.55$0.04
2020Summary only. Only limited summary data is available for this year.$0.64$0.21$1.85$1.05$0.79
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.20$0.20$0.55$0.79$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.10$0.78$0.93$0.15
2016Summary only. Only limited summary data is available for this year.$0.00$1.52$0.58$2.09$1.52