Information Security Summit Inc
Information Security Summit Inc. operates with no officer compensation and zero liabilities, experiencing a deficit in 2023 after a strong surplus in 2022.
EIN: 200918823 · Hudson, OH · NTEE: S21 · Updated: 2026-03-28
About Information Security Summit Inc
Information Security Summit Inc (EIN: 200918823) is a nonprofit organization based in Hudson, OH, classified under NTEE code S21. The organization reported total revenue of $414K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Information Security Summit Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Information Security Summit Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Information Security Summit Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with revenues often exceeding $400,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Information Security Summit Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 by $45,087, leading to a decrease in assets.
Strengths
The following positive indicators were identified for Information Security Summit Inc:
- 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.
Frequently Asked Questions about Information Security Summit Inc
Is Information Security Summit Inc. financially stable?
While the organization experienced a deficit in 2023 ($45,087), its history shows periods of strong surpluses (e.g., $66,844 in 2022) and consistent zero liabilities, suggesting a generally stable financial position despite year-to-year fluctuations.
How transparent is Information Security Summit Inc.?
The organization demonstrates high transparency through its consistent filing of 13 IRS Form 990s and the explicit reporting of 0% officer compensation in all available periods.
Does Information Security Summit Inc. pay its executives?
No, the filings consistently show 0% officer compensation, indicating that executives are not paid salaries by the organization.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $299,428 in 2020 and decreasing to $190,221 in 2023, but generally remaining above $100,000, indicating a solid asset base.
Filing History
IRS 990 filing history for Information Security Summit Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Information Security Summit Inc's revenue has grown by 243.3%, moving from $137K to $470K. Total assets increased by 191.7% over the same period, from $65K to $190K. Total functional expenses rose by 313.1%, from $125K to $515K. In its most recent filing year (2023), Information Security Summit Inc reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $470K | $515K | $190K | $0 | — | View 990 |
| 2022 | $424K | $357K | $235K | $0 | — | View 990 |
| 2021 | $158K | $289K | $168K | $0 | — | View 990 |
| 2020 | $172K | $105K | $299K | $0 | — | — |
| 2019 | $527K | $501K | $232K | $0 | — | View 990 |
| 2018 | $488K | $396K | $207K | $0 | — | View 990 |
| 2017 | $366K | $387K | $114K | $0 | — | View 990 |
| 2016 | $267K | $286K | $134K | $0 | — | View 990 |
| 2015 | $255K | $252K | $153K | $0 | — | View 990 |
| 2014 | $215K | $178K | $151K | $0 | — | View 990 |
| 2013 | $193K | $169K | $114K | $0 | — | View 990 |
| 2012 | $166K | $142K | $90K | $0 | — | View 990 |
| 2011 | $137K | $125K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $470K, expenses of $515K, and assets of $190K (revenue +10.8% year-over-year).
- 2022: Revenue of $424K, expenses of $357K, and assets of $235K (revenue +167.6% year-over-year).
- 2021: Revenue of $158K, expenses of $289K, and assets of $168K (revenue -8.1% year-over-year).
- 2020: Revenue of $172K, expenses of $105K, and assets of $299K (revenue -67.3% year-over-year).
- 2019: Revenue of $527K, expenses of $501K, and assets of $232K (revenue +7.8% year-over-year).
- 2018: Revenue of $488K, expenses of $396K, and assets of $207K (revenue +33.4% year-over-year).
- 2017: Revenue of $366K, expenses of $387K, and assets of $114K (revenue +37.0% year-over-year).
- 2016: Revenue of $267K, expenses of $286K, and assets of $134K (revenue +5.0% year-over-year).
- 2015: Revenue of $255K, expenses of $252K, and assets of $153K (revenue +18.3% year-over-year).
- 2014: Revenue of $215K, expenses of $178K, and assets of $151K (revenue +11.5% year-over-year).
- 2013: Revenue of $193K, expenses of $169K, and assets of $114K (revenue +16.3% year-over-year).
- 2012: Revenue of $166K, expenses of $142K, and assets of $90K (revenue +21.3% year-over-year).
- 2011: Revenue of $137K, expenses of $125K, and assets of $65K.
Data Sources and Methodology
This transparency report for Information Security Summit Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.