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

$414KRevenue
$234KAssets
92/100Mission Score (Excellent)
S21

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

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.

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

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:

Strengths

The following positive indicators were identified for Information Security Summit Inc:

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
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

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.

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