Global Resilience Exchange Inc
- Assets
- $2.3m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 32
- Location
- Fairfax, VA
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 81-4034628
Organization Overview
Global Resilience Exchange Inc is located in Fairfax, VA. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Global Resilience Exchange Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Resilience Exchange Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Global Resilience Exchange Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 5 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
THE GLOBAL RESILIENCE FEDERATION'S MISSION IS TO HELP ASSURE THE RESILIENCE AND CONTINUITY OF VITAL INFRASTRUCTURE AND INDIVIDUAL ORGANIZATIONS AGAINST THREATS AND ACTS THAT COULD SIGNIFICANTLY IMPACT THOSE ORGANIZATIONS AND THESE SECTORS' ABILITY TO PROVIDE SERVICES CRITICAL TO THE ORDERLY FUNCTIONING OF THE GLOBAL ECONOMY AND GENERAL SAFETY OF THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION: 1.PROVIDED ACTIONABLE CYBER AND PHYSICAL SECURITY INTELLIGENCE AND ADVANCE WARNING TO MEMBER ORGANIZATIONS TO HELP THEM DEVELOP MITIGATION STRATEGIES AND BEST PRACTICES. 2.PROVIDED SECURE MEANS OF COLLABORATION FOR MEMBERS VIA MEMBER CALLS, SECURE CHAT, FORUM, WORKSHOPS, AND SUMMITS WITHIN SECTOR-SPECIFIC GROUPS AS WELL AS ACROSS COMMUNITIES. 3.HOSTED EDUCATION WEBINARS, EXERCISES, EXECUTIVE REPORTS, AND PRESENTATIONS ON RELEVANT TOPICS REGARDING EVOLVING THREATS AND 3RD PARTY RISK MANAGEMENT. 4.ENABLED MEMBERS WITH TECHNOLOGY SOLUTIONS THAT ENHANCE THREAT INTELLIGENCE AGGREGATION, ANALYSIS, ENRICHMENT, AND TRUSTED SHARING. 5.COORDINATED INDUSTRY-WIDE MITIGATION AND COMMUNICATIONS RESPONSE IN THE EVENT OF A CRISIS IMPACTING ONE OR MORE COMMUNITIES.
THE ORGANIZATION: 1.CONTINUE TO GROW AND MANAGE TWO NEW COMMUNITIES TO FACILITATE THREAT INTELLIGENCE IN SUPPORT OF K THRU 12 SCHOOL DISTRICTS AS WELL AS BUSINESS/OPERATIONAL RESILIENCE OF VARIOUS SECTOR ORGANIZATIONS. 2.FORMED TRUSTED PARTNERSHIPS WITH ORGANIZATIONS GLOBALLY TO AUGMENT VALUE WITHIN EXISTING MEMBER BENEFITS VIA TECHNOLOGY, ENRICHMENT OF INTELLIGENCE, ANALYSIS CAPABILITY, AND ENHANCED COLLABORATION OPPORTUNITIES. 3.DEVELOPED A NEW INTELLIGENCE REPORT ON RANSOMWARE TO PROVIDE RESEARCH FINDINGS AND ANALYSIS TO EMPOWER MEMBER'S DETECTION/PREVENTION/MITIGATION STRATEGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Orsi CEO | OfficerTrustee | 40 | $460,000 |
William B Nelson Chairman | OfficerTrustee | 40 | $312,667 |
Cynthia Camacho VP Community | 40 | $283,023 | |
Jinny Kang VP Operation | 40 | $209,400 | |
Raquel Santiago Sr Program M | 40 | $173,000 | |
John Mcglone Director Of | 40 | $152,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anthem Blue Cross Blue Shield Insurance | 12/30/21 | $336,753 |
Cyware Labs Portal Platform | 12/30/21 | $1,025,800 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,363,473 |
| Investment income | $4,747 |
| 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 | $5,368,220 |
| 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. | $772,667 |
| Compensation of current officers, directors, key employees. | $179,318 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,752,311 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $496,327 |
| Payroll taxes | $245,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,916 |
| Advertising and promotion | $37,624 |
| Office expenses | $30,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $110,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $215,255 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $132,983 |
| Insurance | $30,041 |
| All other expenses | $0 |
| Total functional expenses | $6,038,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $669,393 |
| Savings and temporary cash investments | $21,562 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $574,500 |
| 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 | $485,683 |
| Net Land, buildings, and equipment | $510,848 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,638 |
| Total assets | $2,272,624 |
| Accounts payable and accrued expenses | $285,115 |
| Grants payable | $0 |
| Deferred revenue | $2,530,114 |
| 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 | $405,597 |
| Other liabilities | $140,372 |
| Total liabilities | $3,361,198 |
| Net assets without donor restrictions | -$1,088,574 |
| 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 | $2,272,624 |