Forum Of Incident Response And Security Teams
- Assets
- $2.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Cary, NC
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 38-3943584
Organization Overview
Forum Of Incident Response And Security Teams, operating under the name First, is located in Cary, NC. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, First generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FIRST ASPIRES TO BRING TOGETHER INCIDENT RESPONSE AND SECURITY TEAMS FROM EVERY COUNTRY ACROSS THE WORLD TO ENSURE A SAFE INTERNET FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST HELD ITS 35TH ANNUAL CONFERENCE IN MONTREAL, CANADA AND VIRTUALLY IN JUNE 2023. MORE THAN 795 SECURITY PROFESSIONALS FROM OVER 74 COUNTRIES ATTENDED SESSIONS ON INDUSTRY BEST PRACTICES, REVIEWS OF INCIDENT HANDLING, AND TOOLS AND TRAINING, AND HEARD KEYNOTES FROM INDUSTRY RECOGNIZED EXPERTS.
BESIDES THE ANNUAL CONFERENCE, FIRST AND ITS MEMBERS ORGANIZE IN-PERSON EVENTS AROUND THE GLOBE WHICH TYPICALLY HAVE A REGIONAL OR TOPICAL FOCUS. THESE EVENTS CATER TO A MORE SPECIALIZED OR LOCAL AUDIENCE. COMMUNITY DRIVEN, THESE EVENTS HELP PARTICIPANTS TO FORCE VALUABLE CONNECTIONS WHICH ARE INVALUABLE DURING A SECURITY INCIDENT. PARTICIPANTS DISCUSS SECURITY-RELATED TECHNICAL TOPICS, TOOLS AS WELL AS BEST PRACTICE. MANY OF THE EVENTS CO-HOST TRAINING COURSES IN THE AREA OF INCIDENT RESPONSE. IN 2023, THERE WERE 10 IN-PERSON REGIONAL EVENTS, SOME WITH VIRTUAL PARTICIPATION.
FIRST PROVIDES SEVERAL ONLINE SERVICES SUPPORTING MEMBERS IN HANDLING SECURITY INCIDENTS MORE EFFICIENTLY. THIS INCLUDES A WEBSITE CONTAINING VERIFIED CONTACT INFORMATION, BEST PRACTICES, AND MUCH MORE INFORMATION. OPERATIONAL INFORMATION IS MADE AVAILABLE THROUGH ELECTRONIC INTERFACES TO BE INCORPORATED DIRECTLY INTO MEMBERS' TOOLS. FIRST HAS OVER 681 MEMBER TEAMS LOCATED IN MORE THAN 106 COUNTRIES. MEMBER TEAMS INCLUDE LARGE VENDORS, NATIONAL CERTS, TELCOS, RESEARCH INSTITUTES, AND MANY MORE. FIRST HOSTS INTERNATIONAL STANDARDS LIKE THE COMMON VULNERABILITY SCORING SYSTEM (CVSS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Bills Chair, As Of June 2023 | OfficerTrustee | 10 | $0 |
Michael Hausding CFO | OfficerTrustee | 10 | $0 |
Audrey Mnisi Mireku Director | Trustee | 10 | $0 |
Desiree Sacher-Boldewin Director | Trustee | 10 | $0 |
Mona Elisabeth Ostvang Director | Trustee | 10 | $0 |
Olivier Caleff Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capile Technodesign Epp Tech Services | 12/30/23 | $194,165 |
Velocity Global Salaries And Staffing | 12/30/23 | $674,469 |
Vercara Security Services | 12/30/23 | $181,919 |
Conference & Publication Service Event Management | 12/30/23 | $453,749 |
Clements Bernard Walker Legal Services | 12/30/23 | $111,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,387,630 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,577,430 |
| Total Program Service Revenue | $1,667,847 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,245,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,892 |
| Compensation of current officers, directors, key employees. | $53,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $384,990 |
| Pension plan accruals and contributions | $11,105 |
| Other employee benefits | $0 |
| Payroll taxes | $9,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,103 |
| Fees for services: Accounting | $112,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168,302 |
| Advertising and promotion | $17,963 |
| Office expenses | $222,242 |
| Information technology | $439,370 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $304,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,142,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,115 |
| All other expenses | $0 |
| Total functional expenses | $3,733,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,001,461 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,613 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $864,843 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $515,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,492,981 |
| Accounts payable and accrued expenses | $106,600 |
| Grants payable | $0 |
| Deferred revenue | $692,910 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $799,510 |
| Net assets without donor restrictions | $1,536,838 |
| Net assets with donor restrictions | $156,633 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,492,981 |