Cyberhive
- Assets
- $155.1k
- Revenue
- $441.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-2089810
Organization Overview
Cyberhive is located in San Diego, CA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cyberhive 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 12/2021, Cyberhive generated $441.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $654.1k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CYBERHIVE IS A CHARITABLE AND EDUCATIONAL ORGANIZATION FOUNDED TO PROMOTE AND FOSTER TECHNOLOGICAL EDUATION, VETERAN TRANSITION AND TRAINING, AND ENTREPRENEURIAL ACTIVITY BY PROVIDING MENTORING, EDUCATION, TRAINING AND GUIDANCE TO INDIVIDUALS AND ORGANIZATIONS INVOLVED WITH EXISTING OR INTENDING TO FORM EARLY STAGE CYBER-SECURITY AND TECHNOLOGY ORGANIZATIONS. CYBERHIVE'S ACTIVITIES WILL PROVIDE THESE INDIVIDUALS AND ORGANIZATIONS WITH THE EDUCATION AND TRAINING THEY NEED TO OPEN A GATEWAY TO INCREASE ENTREPRENEURIAL ACTIVITIES AND DECREASE UNEMPLOYMENT IN SAN DIEGO. SPECIFICALLY, THE EDUCATIONAL AND CHARITABLE ACTIVITIES CONDUCTED BY CYBERHIVE WILL PROMOTE AND SUPPORT ENTREPRENEURISM, REDUCE UNEMPLOYMENT AND UNDEREMPLOYMENT, IMPROVE ECONOMIC DEVELOPMENT AND PROMOTE SOCIAL WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 99O, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:CYBERHIVE SAN DIEGO HAS ENGAGED AND WILL ENGAGE IN ACTIVITIES TO PROMOTE, INFORM AND CROSS POLLINATE WITH REGIONAL BUSINESS CLUSTERS, SUCH AS BIOINFORMATICS AND GENOMICS, ADVANCED INFORMATION TECHNOLOGY AND BIG DATA ANALYTICS, CLOUD SERVICE PROVIDERS, DEFENSE INDUSTRIAL BASE AND CYBER COMMAND (HOMELAND SECURITY), AND WIRELESS HEALTHCARE AND LIFE SCIENCE TECHNOLOGIES. TO SHARE UBIQUITOUS CYBERSECURITY BEST PRACTICES, TO DISCUSS AND DOCUMENT SPECIFIC INDUSTRY AND GOVERNMENT NEEDS THAT MAY HAVE BEEN ADDRESSED IN ANOTHER CLUSTER AND CAN BE LEVERAGED FOR THE BENEFIT AND WELFARE OF SOCIETY. THE STUDIES AND INFORMATION PRODUCED AND COLLECTED BY THE ORGANIZATION WILL BE BROADLY DISSEMENATED AND USED FOR EDUCATING AND TRAINING INDIVIDUALS AND ORGANIZATIONS TO SERVE THE BEST INTERESTS OF GOVERNMENT PRIVATE SECTOR AND INDIVIDUALS MAY BE BETTER PROTECTED FROM CYBERCRIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin Andersen Director, Pres | OfficerTrustee | 1 | $0 |
Tim Caulfield Director, Treas | OfficerTrustee | 0.5 | $0 |
Brian Nugent Director | Trustee | 0.5 | $0 |
Sheryl Reichert Director | Trustee | 0.5 | $0 |
Bill Malloy Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $431,007 |
| 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 | $441,007 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,959 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,295 |
| Advertising and promotion | $10,096 |
| Office expenses | $7,128 |
| Information technology | $22,863 |
| Royalties | $0 |
| Occupancy | $466,867 |
| Travel | $2,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,456 |
| Insurance | $2,920 |
| All other expenses | $5,722 |
| Total functional expenses | $654,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $72,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,120 |
| Total assets | $155,113 |
| Accounts payable and accrued expenses | $29,566 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $284,618 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $156,006 |
| Other liabilities | $53,620 |
| Total liabilities | $523,810 |
| Net assets without donor restrictions | -$368,697 |
| Net assets with donor restrictions | $0 |
| 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 | $155,113 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cyberhive has recieved totaling $2,852.
| Awarding Organization | Amount |
|---|---|
Eset Foundation Inc San Diego, CA PURPOSE: DATA PRIVACY DAY -SIOT PRIVACY MASTERS | $2,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alameda County Tobacco Asset Securitization Corporation Oakland, CA | $19,768,611 | $18,590,063 |
Gold Country Settlement Funding Corp Auburn, CA | $6,031,758 | $3,475,839 |
Inland Empire Tobaccosecuritization Corporation Riverside, CA | $259,604,903 | $12,773,889 |
Mental Health For Children Inc Springfield, OR | $5,065,120 | $7,331,896 |
Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |