Quick charity verification for Information Security Summit Inc (EIN: 200918823)
Verdict: Information Security Summit Inc appears trustworthy
92/100Mission Score
$414KRevenue
$234KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 by $45,087, leading to a decrease in assets.
Strengths
Consistent reporting of 0% officer compensation across all 13 filings.
Zero liabilities reported in all available financial periods.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Significant revenue generation, often exceeding $400,000, demonstrating operational capacity.
Spending Breakdown
How Information Security Summit Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Information Security Summit Inc
Is Information Security Summit Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Information Security Summit Inc (EIN: 200918823) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Information Security Summit Inc a good charity to donate to?
Information Security Summit Inc has a Mission Score of 92/100. Revenue: $414K. Assets: $234K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Information Security Summit Inc?
The Employer Identification Number (EIN) for Information Security Summit Inc is 200918823. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Information Security Summit Inc spend its money?
Information Security Summit Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Information Security Summit Inc's tax-exempt status?
You can verify Information Security Summit Inc's tax-exempt status using EIN 200918823 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Information Security Summit Inc. demonstrates generally sound financial health, though recent years show some fluctuations. In 2023, the organization reported expenses exceeding revenue by $45,087 ($514,859 expenses vs. $469,772 revenue), leading to a decrease in assets from $235,308 in 2022 to $190,221. This follows a strong surplus in 2022 where revenue significantly outpaced expenses ($423,977 vs. $357,133). The organization consistently reports zero liabilities across all available filings, indicating a healthy balance sheet free from debt. Their NTEE code S21 (Information & Referral Services) suggests a focus on providing information, which aligns with their mission. The consistent reporting of 0% officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears to be robust, particularly given the absence of officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the organization is managing its resources effectively, with most years showing a positive or near-balanced financial position. The significant revenue and expense figures, reaching over $500,000 in some years, indicate a substantial operational scale for a nonprofit of its type. The organization's consistent filing of IRS Form 990s over 13 periods further underscores a commitment to transparency and regulatory compliance.
Overall, Information Security Summit Inc. appears to be a well-managed organization with a strong commitment to financial transparency, evidenced by its consistent filings, zero liabilities, and lack of executive compensation. While the 2023 deficit warrants observation, the historical trend suggests a capacity for financial recovery and sustainable operations.