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Nonprofit · EIN 85-2167781

GLOBAL MAJORITY CONSORTIUM

Tax-exempt · SEATTLE, WA 98106

Financials

$160K$31K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL MAJORITY CONSORTIUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$159,607$31,223$128,384$163,575$0$163,575
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$159,527
of which government grants
$159,527
Program service revenue
$0
Investment income
$80
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$19,169
Salaries, compensation and benefits (total)
$20,833
Professional fundraising fees
$0
Accounting fees
$768
Management and general (functional)
$31,223

Balance sheet and other

Total assets, start of year
$35,191
Total assets, end of year
$163,575
Total liabilities, end of year
$0
Net assets, end of year
$163,575
Gross receipts
$159,607
Employees
2
Year formed
2020
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BAIONNE COLEMANCO CEO
Trustee or director, Officer
0$9,586
JAYCEE COLEMANCO CEO
Trustee or director, Officer
0$9,586
CHARLES HOPPERDIRECTOR
Trustee or director, Officer
0$0
RENATO FOZDIRECTOR
Trustee or director, Officer
0$0
MICHAEL THOMASDIRECTOR
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
928 SW AUSTIN ST, SEATTLE, WA 98106-2040
In care of
% BAIONNE COLEMAN
Mailing address (990-N for 2023)
928 SW Austin Street, Seattle WA 98106
Principal officer (990 for 2024)
BAIONNE COLEMAN, 928 SW AUSTIN STREET, Seattle, WA 98106
Principal officer (990-N for 2023)
Jaycee Coleman, 928 SW Austin Street, Seattle WA 98106
Signed the 990
BAIONNE COLEMAN, CO DIRECTOR
Phone
(206) 251-4447
Return prepared by
TaxxGuy LLC

Mission

TO PROMOTE WEALTH, EDU, LEADERSHIP, FIN RESPONSIBILTY VIA COMMUNITY OUTREACH OFFERED AT NO COST.

990 for the year ended December 31, 2024

Program accomplishments

  • Primary Program: Financial Coaching and Literacy Initiative Description:In partnership with the Washington State Department of Commerce, GMC implemented a comprehensive, two-year Financial Coaching and Literacy Initiative designed to build culturally responsive financial stability within historically marginalized communities disproportionately impacted by inequitable economic systems and past drug-related legislation.Through this program, GMC provided all services free of charge to participants. Activities included a two-day Financial Coaching Symposium, ongoing personalized financial coaching,and a series of financial literacy classes covering budgeting, debt reduction, credit repair, investing, homeownership, trust and estate planning,and entrepreneurship. What Was Done: Hosted a two-day community Financial Coaching Symposium with expert speakers on homeownership,credit building, investing, entrepreneurship, and generational wealth. Delivered one-on-one financial coaching to participants throughout the two-year grant period. Conducted recurring financial literacy workshops and community education sessions focused onculturally relevant financial empowerment. Who Benefited: BIPOC and low-income individuals and families from across Washington State participated in the program,gaining tools for wealth building and long-term financial independence. How It Furthers the Exempt Purpose: This initiative directly advances GMCs mission by increasing access to equitable financial education and coaching,helping participants build generational wealth, and addressing systemic barriers to economic mobility. Financial Information: Total Program Expenses: $375,000 (over the grant period March 2024 June 2025) Grants Received: $375,000 (Washington State Department of Commerce Financial Coaching and Literacy Grant) Revenue Generated: $0 (all services provided free of charge to all participants.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
85-2167781
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B02)
Assets (IRS master file)
$163,575
Income (IRS master file)
$159,607

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$159,607$31,223$163,575XML
990-N for 2023
Officer: Jaycee Coleman
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Jaycee Coleman
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2167781).

Questions about GLOBAL MAJORITY CONSORTIUM

What is the EIN of GLOBAL MAJORITY CONSORTIUM?
The employer identification number (EIN) of GLOBAL MAJORITY CONSORTIUM is 85-2167781.
Is GLOBAL MAJORITY CONSORTIUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to GLOBAL MAJORITY CONSORTIUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLOBAL MAJORITY CONSORTIUM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GLOBAL MAJORITY CONSORTIUM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLOBAL MAJORITY CONSORTIUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GLOBAL MAJORITY CONSORTIUM?
The 990 for the year ended December 31, 2024 names BAIONNE COLEMAN.
Who are the officers and directors of GLOBAL MAJORITY CONSORTIUM?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $9,586 (BAIONNE COLEMAN, CO CEO).
How much revenue does GLOBAL MAJORITY CONSORTIUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $159,607, expenses of $31,223 and total assets of $163,575 at year end.

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