Maritime Transportation System Information Sharing And Analysis C, operating under the name Mts-Isac, is located in Bryant, AR. 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, Mts-Isac employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mts-Isac 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, Mts-Isac generated $333.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $307.6k during the year ending 12/2022. While expenses have increased by 20.6% per year over the past 2 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 CORPORATION PROMOTES AND FACILITATES MARITIME CYBERSECURITY INFORMATION SHARING, AWARENESS, TRAINING, EXERCISE, AND COLLABORATION EFFORTS BETWEEN PRIVATE AND PUBLIC SECTOR STAKEHOLDERS TO EFFECTIVELY IMPROVE CYBER RISK MANAGEMENT ACROSS THE ENTIRE MTS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MTS-ISAC PROVIDED MARITIME CYBER THREAT INFORMATION TO PERSONNEL IN OVER 150 ORGANIZATIONS, WITH INFORMATION SOMETIMES GOING TO DOZENS OF INDIVIDUALS WITHIN AN ORGANIZATION. THESE ORGANIZATIONS INCLUDED PRIVATE INDUSTRY CRITICAL INFRASTRUCTURE STAKEHOLDERS AS WELL AS FEDERAL AGENCY ORGANIZATIONS (WHICH PROVIDED NO RESOURCES OR FUNDING TO THE MTS-ISAC IN 2021). THE INFORMATION PROVIDED TO THESE ORGANIZATIONS WAS TIMELY AND INCLUDED IN WHOLE OR IN PART (DEPENDING ON THEIR PARTICIPATION WITH THE MTS-ISAC) ACCESS TO: 89 CYBERSECURITY ADVISORIES, 753 INDICATOR BULLETINS, MORE THAN 12 WEBINARS, AND MULTIPLE OPEN CALLS TO DISCUSS CYBERSECURITY. THIS WORK WAS ACCOMPLISHED AS THE MTS-ISAC RESPONDED TO OVER 80 REQUESTS FOR INFORMATION AND ANALYZED 1,452 THREAT INFORMATION SHARES (WITH ONE SHARE SOMETIMES CONTAINING DOZENS OF ATTACHMENTS AND HUNDREDS OF DATA POINTS NEEDING REVIEW). THE OUTCOMES OF THIS WORK PROVIDED THE FOLLOWING RESULTS TO MARITIME CRITICAL INFRASTRUCTURE STAKEHOLDERS: EARLY WARNING OF CYBER THREAT ACTIVITY, INCLUDING PHISHING, CREDENTIAL STUFFING, SCANNING, VULNERABILITY EXPLOITATIONS, AND OTHER ATTACK BEHAVIORS; AND CYBERSECURITY BEST PRACTICES THAT COULD BE APPLIED TO COUNTER THOSE ATTACKS.
THE MTS-ISAC SUPPORTED THREE CYBERSECURITY TABLETOP EXERCISES THAT WERE EITHER FACILITATED BY THE MTS-ISAC OR FACILITATED BY THIRD PARTIES, INCLUDING GOVERNMENT AGENCIES, THAT INVOLVED MTS-ISAC STAKEHOLDERS. THE MTS-ISAC STRIVED TO PROVIDE REALISTIC SCENARIO INPUTS THAT WERE BASED ON GENERICIZED TYPES OF ATTACKS THAT THE MTS-ISAC IS AWARE OF OCCURRING THAT TARGETED THE MARITIME SECTOR. THESE EXERCISES RESULTED IN ORGANIZATIONS BEING ABLE TO TEST THEIR PREPAREDNESS FOR CYBER-ATTACKS AND IDENTIFY AREAS WHERE THEIR CYBERSECURITY PROGRAMS COULD BE STRENGTHENED IF A GAP OR WEAKNESS WAS IDENTIFIED. THIS RESULTS IN MORE SECURE AND RESILIENT MARITIME TRANSPORTATION SYSTEM STAKEHOLDERS WHICH IN TURN SUPPORTS MORE SECURE AND RESILIENT SUPPLY CHAINS.
THE MTS-ISAC PROCURED AND ORGANIZED THE ANNUAL MARITIME CYBERSECURITY SUMMIT. THE SUMMIT CONSISTED OF TWO DAYS OF KEYNOTES, DISCUSSIONS, AND PRESENTATIONS ON BOTH TECHNICAL AND NON-TECHNICAL MARITIME CYBERSECURITY CHALLENGES. WITH OVER 100 REGISTRANTS FROM OVER 50 ORGANIZATIONS, THE SUMMIT BROUGHT TOGETHER PUBLIC AND PRIVATE SECTOR STAKEHOLDERS FOR THESE IMPORTANT DISCUSSIONS. IN ADDITION TO DISCUSSING THE CHALLENGES, INFORMATION WAS PRESENTED ON BEST PRACTICES, UPDATED CYBERSECURITY STRATEGIES, USE CASES, AND LESSONS LEARNED. THE SUMMIT RESULTED IN GREATER UNDERSTANDING OF HOW TO APPROACH CYBERSECURITY CHALLENGES IN THE MARITIME SECTOR AND HELPED ATTENDEES CREATE NEW PEER TO PEER RELATIONSHIPS THAT PREVIOUSLY DID NOT EXIST. THE SUMMIT DIRECTLY SUPPORTS THE MTS-ISAC'S MISSION OF IMPROVING CYBER RESILIENCY OF THE MARITIME SECTOR.
MISCELLANEOUS SUPPORT SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christy Coffey VP Operations, Secretary | Officer | 60 | $96,500 |
Scott Dickerson Executive Director, Treasurer | Officer | 25 | $82,702 |
Randy Plotkin Director | Trustee | 1 | $0 |
Michael Edgerton Director | Trustee | 1 | $0 |
Chris Carter Director | Trustee | 0.3 | $0 |
John Crochet Director | Trustee | 0.3 | $0 |
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 | $333,781 |
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 | $333,781 |
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. | $179,202 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $69,958 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,277 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,264 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,411 |
Office expenses | $807 |
Information technology | $2,505 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,873 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $29,897 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $420 |
All other expenses | $0 |
Total functional expenses | $307,614 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,866 |
Savings and temporary cash investments | $35,086 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $50,952 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $50,952 |
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 | $50,952 |
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