Coherence Lab is located in Kilauea, HI. The organization was established in 2015. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2023, Coherence Lab employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coherence Lab 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 12/2023, Coherence Lab generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $67.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY OUTREACH AND EDUCATIONAL AWARENESS PROGRAMS
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,721 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,739 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,953 |
| Professional fees and other payments to independent contractors | $14,023 |
| Occupancy, rent, utilities, and maintenance | $11,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,128 |
| Total expenses | $67,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,483 |
| Other assets | $0 |
| Total assets | $9,483 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,483 |