Institute For Security And Technology
- Assets
- $2.9m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Oakland, CA
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-5677755
Organization Overview
Institute For Security And Technology is located in Oakland, CA. The organization was established in 2016. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Institute For Security And Technology employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Security And Technology 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 12/2022, Institute For Security And Technology generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 73.7% each year . All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 59.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLVE EMERGING SECURITY THREATS BY CREATING A BRIDGE BETWEEN TECHNOLOGY AND POLICY LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUTURE OF DIGITAL SECURITY (INTERNET SECURITY): CONTINUED WORK WITH A COALITION OF INDUSTRY AND GOVERNMENT PARTNERS TO MITIGATE THE THREAT POSED BY RANSOMWARE AND OTHER ECOSYSTEM WIDE CYBERSECURITY THREATS. THIS PILLAR OF THEMATIC WORK IS NAMED 'FUTURE OF DIGITAL SECURITY.'
OTHER PROGRAMS - FISCAL SPONSORSHIPS
INNOVATION AND CATASTROPHIC RISK (CATALINK AND NUCLEAR WEAPONS): TECHNICAL SOLUTION TO REDUCE NUCLEAR RISK BY PROVIDING A SECURE RELIABLE, DEDICATED CRISIS COMMUNICATIONS CAPABILITY, EXPANDED A PUBLIC UNCLASSIFIED BASELINE BODY OF KNOWLEDGE ON NUCLEAR COMMAND, CONTROL, AND COMMUNICATIONS THROUGH CONVENING GLOBAL EXPERTS, ADDING DEEPENED KNOWLEDGE ON THE IMPACT OF TECHNOLOGIES LIKE DEEP LEARNING. THIS PILLAR OF THEMATIC WORK IS NAMED 'INNOVATION AND CATASTROPHIC RISK.'
GEOPOLITICS OF TECHNOLOGY (FUTURE DIGITAL THREATS TO DEMOCRACY): WORKS TO IDENTIFY AND DEFINE FUTURE POTENTIAL THREATS TO DEMOCRACY POSED BY DIGITAL SYSTEMS, AIMING TO DERIVE SOLUTIONS TO ENSURE THE RESILIENCE OF DEMOCRATIC INSTITUTIONS. THIS PILLAR OF THEMATIC WORK IS NAMED GEOPOLITICS OF TECHNOLOGY AND INCLUDES THE SBI AND DCDI PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Stifel Chief Strategy Officer | Officer | 40 | $213,684 |
Philip Reiner CEO | OfficerTrustee | 40 | $206,201 |
Michael Mcnerney Board Chair | OfficerTrustee | 1 | $0 |
Katherine Johnson Board Member | Trustee | 1 | $0 |
Adean Mills Golub Board Member | Trustee | 1 | $0 |
Tj Rylander Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $304,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,075,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,379,881 |
| Total Program Service Revenue | $25,000 |
| Investment income | $61 |
| 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 | $4,408,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $658,488 |
| 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. | $467,298 |
| Compensation of current officers, directors, key employees. | $27,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $722,157 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,173 |
| Payroll taxes | $86,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,668 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $96,453 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $334,027 |
| Advertising and promotion | $2,114 |
| Office expenses | $17,227 |
| Information technology | $27,347 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $130,865 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,807 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,094 |
| Insurance | $2,416 |
| All other expenses | $14,562 |
| Total functional expenses | $2,667,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,913,462 |
| 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 | $15,389 |
| Net Land, buildings, and equipment | $2,463 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,931,314 |
| Accounts payable and accrued expenses | $13,998 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,998 |
| Net assets without donor restrictions | $1,461,891 |
| Net assets with donor restrictions | $1,455,425 |
| 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 | $2,931,314 |