EIN 46-4621007

Prime Coalition

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
2014
Most recent tax filings
2023-12-01
Description
Prime Coalition supports sustainable, effective, scalable solutions to climate change via charitable programs focused on catalytic investing, such as Azolla Ventures.
Total revenues
$9,932,163
2023
Total expenses
$10,541,829
2023
Total assets
$94,941,276
2023
Num. employees
21
2023

Program areas at Prime Coalition

(a) catalytic investing: mobilized over $315mm in catalytic capital in partnership with 247 philanthropic orgs to back 32 early-stage ventures via Prime impact fund & azolla ventures. Each venture holds the promise to mitigate gigaton-scale co2-equivalent emissions by 2050 when deployed at commercial scale. A new program, trellis climate, aims to address systemic climate change mitigation barriers, enabling novel climate solutions to achieve scale with speed. (b) impact accountability: works to support the whole field of early-stage climate investors with forward-looking impact assessment & accountability tools: crane, an open-source tool supporting "emissions reduction potential" calculations; project frame, galvanizing investors around climate impact standards & best practices for assessment.

Grants made by Prime Coalition

GranteeGrant descriptionAmount
Stanford UniversityDemand Flexibility Project$250,000

Who funds Prime Coalition

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Woka FoundationPrime Azolla Ventures$1,775,000
Bernard and Anne Spitzer Charitable TrustPrime Impact Fund$1,000,000
Silicon Valley Community Foundation (SVCF)Human Services$605,000
...and 19 more grants received totalling $5,936,425

Personnel at Prime Coalition

NameTitleCompensation
Sarah KearneyBoard Member$278,065
Julie RemmeltsDirector of Finance and Operations$175,869
Anna GoldsteinDirector of Impact$194,258
Keri BrowderDirector of Impact Accountability$160,140
Maica RollinSenior Manager , Accounting$120,725
...and 8 more key personnel

Financials for Prime Coalition

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,175,405
Program services$250,000
Investment income and dividends$587,461
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$919,297
Total revenues$9,932,163

Form 990s for Prime Coalition

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-31990View PDF
2022-122023-11-14990View PDF
2021-122022-12-20990View PDF
2020-122021-10-04990View PDF
2019-122021-03-31990View PDF
...and 5 more Form 990s
Data update history
December 23, 2024
Updated personnel
Identified 3 new personnel
December 23, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 26, 2024
Received grants
Identified 5 new grant, including a grant for $100,000 from Dale and Laura Kutnick Foundation
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $500,000 from The Casey and Family Foundation
April 20, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Energy conservationEnvironmentHuman services
Characteristics
National levelTax deductible donationsAccepts online donations
General information
Address
625 Massachusetts Ave 2nd Floor
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
primecoalition.org/ 
Phone
(404) 625-4884
IRS details
EIN
46-4621007
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0288689
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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