Owasp Foundation Inc
OWASP Foundation Inc. experiences recent deficit spending after a period of growth, maintaining 0% officer compensation.
EIN: 200963503 · Wilmington, DE · NTEE: U41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4,340,593. |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Owasp Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Owasp Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Owasp Foundation Inc
Owasp Foundation Inc (EIN: 200963503) is a nonprofit organization based in Wilmington, DE, classified under NTEE code U41. The organization reported total revenue of $4.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owasp Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owasp Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-244,324 |
| Total Assets | $1.8M |
| Total Liabilities | $78K |
| Net Assets | $1.7M |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Owasp Foundation Inc reported a deficit of $244K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Owasp Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +54.1% | -35.9% |
| 2022 | +79.0% | +56.5% | +68.9% |
| 2021 | -24.6% | -36.5% | +21.9% |
| 2020 | -39.2% | -34.8% | -24.7% |
| 2019 | +1.5% | +0.1% | +24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Owasp Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Owasp Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $244K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The OWASP Foundation Inc. consistently reports 0% officer compensation across all provided filing periods, indicating a strong commitment to directing all funds towards its mission and operational costs rather than executive salaries, which is highly commendable for an organization of its size with latest revenue of $4,340,593.
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 Owasp Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (202312) by $244,324, leading to a decrease in assets.
- Significant decrease in assets from $2,818,954 in 202212 to $1,807,957 in 202312.
Strengths
The following positive indicators were identified for Owasp Foundation Inc:
- Consistent reporting of 0% officer compensation across all filing periods, indicating high transparency and mission focus.
- Strong revenue generation, with latest revenue at $4,340,593.
- Maintained substantial assets over multiple years, demonstrating financial capacity (e.g., $2,718,693 latest assets).
Frequently Asked Questions about Owasp Foundation Inc
Is Owasp Foundation Inc a legitimate charity?
Owasp Foundation Inc (EIN: 200963503) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Owasp Foundation Inc spend its money?
Owasp Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Owasp Foundation Inc tax-deductible?
Owasp Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200963503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Owasp Foundation Inc CEO make?
Owasp Foundation Inc's highest-compensated officer earns $4,340,593. annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Owasp Foundation Inc's spending goes to programs?
Owasp Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Owasp Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Owasp Foundation Inc is above average for NTEE category U41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Owasp Foundation Inc located?
Owasp Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200963503. It is classified under NTEE code U41.
How many years of IRS 990 filings does Owasp Foundation Inc have?
Owasp Foundation Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Is Owasp Foundation Inc. a good charity?
Based on the available data, OWASP Foundation Inc. appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, indicating a strong commitment to its mission. While the latest filing shows expenses exceeding revenue, its overall financial history suggests a generally stable operation focused on its stated purpose.
What caused the significant drop in assets from 2022 to 2023?
The significant drop in assets from $2,818,954 in 202212 to $1,807,957 in 202312 is primarily attributable to the organization's expenses ($3,450,153) exceeding its revenue ($3,205,829) in the 202312 period, resulting in a net loss that drew down its reserves.
How does OWASP Foundation Inc. fund its operations without executive compensation?
The OWASP Foundation Inc. funds its operations through its reported revenues, which have fluctuated but generally been substantial (e.g., $4,340,593 latest revenue). The absence of executive compensation means that a larger portion of these revenues can be allocated directly to program activities, administrative support, and other operational costs.
Filing History
IRS 990 filing history for Owasp Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Owasp Foundation Inc's revenue has grown by 264.7%, moving from $879K to $3.2M. Total assets increased by 313.4% over the same period, from $437K to $1.8M. Total functional expenses rose by 345.4%, from $775K to $3.5M. In its most recent filing year (2023), Owasp Foundation Inc reported a deficit of $244K, with expenses exceeding revenue. The organization holds $78K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.5M | $1.8M | $78K | — | — |
| 2022 | $2.9M | $2.2M | $2.8M | $852K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.7M | $486K | — | View 990 |
| 2020 | $2.2M | $2.3M | $1.4M | $341K | — | View 990 |
| 2019 | $3.5M | $3.5M | $1.8M | $694K | — | View 990 |
| 2018 | $3.5M | $3.5M | $1.5M | $393K | — | View 990 |
| 2017 | $2.3M | $2.5M | $1.5M | $462K | — | — |
| 2016 | $2.5M | $2.0M | $1.5M | $262K | — | View 990 |
| 2015 | $2.5M | $2.1M | $949K | $243K | — | View 990 |
| 2014 | $1.6M | $1.6M | $640K | $276K | — | View 990 |
| 2013 | $1.7M | $1.7M | $538K | $233K | — | View 990 |
| 2012 | $997K | $639K | $723K | $191K | — | View 990 |
| 2011 | $855K | $991K | $343K | $179K | — | View 990 |
| 2010 | $879K | $775K | $437K | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.5M, and assets of $1.8M (revenue +10.0% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.2M, and assets of $2.8M (revenue +79.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue -24.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.3M, and assets of $1.4M (revenue -39.2% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.5M, and assets of $1.8M (revenue +1.5% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.5M, and assets of $1.5M (revenue +49.9% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.5M, and assets of $1.5M (revenue -5.8% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.0M, and assets of $1.5M (revenue +-0.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.1M, and assets of $949K (revenue +51.9% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $640K (revenue -3.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $538K (revenue +69.5% year-over-year).
- 2012: Revenue of $997K, expenses of $639K, and assets of $723K (revenue +16.7% year-over-year).
- 2011: Revenue of $855K, expenses of $991K, and assets of $343K (revenue -2.8% year-over-year).
- 2010: Revenue of $879K, expenses of $775K, and assets of $437K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owasp Foundation Inc:
Data Sources and Methodology
This transparency report for Owasp Foundation 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.