Overview
What is Open Information Security Foundation?
The Open Information Security Foundation (OISF) is a nonprofit organization situated in Lafayette, Indiana. Their primary mission is to construct and maintain a cutting-edge Intrusion Detection System/Intrusion Prevention System (IDS/IPS) engine. Remarkably, this technology is intended to be freely accessible to any individual or organization. To ensure the software's effectiveness, OISF provides training and support to its users. With a team of six dedicated professionals, they are committed to advancing cybersecurity through this innovative IDS/IPS engine.
Official website here: www.oisf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, Overall Score: 65%)
The Open Information Security Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. With an overall score of 65%, the organization demonstrates some strengths, such as a high percentage of independent board members and a favorable liabilities to assets ratio. However, the lack of financial statements and several missing policies raises concerns regarding transparency and governance.
Strengths include a solid program expense ratio of 68.37%, suggesting that a significant portion of funds is directed toward its mission-related activities. The organization also benefits from having a majority of independent board members, which can enhance governance practices. Despite these positive aspects, the absence of crucial policies, including a conflict of interest policy and a whistleblower policy, undermines stakeholder confidence.
Overall, while the Open Information Security Foundation shows potential through its financial management and board independence, the noted deficiencies in transparency and policy documentation highlight areas that need urgent attention to improve its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Open Information Security Foundation legitimate?
Open Information Security Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Information Security Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $171,366
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,521
For more financial information, click here
Official website here: www.oisf.net
What is the mission statement of Open Information Security Foundation?
The Open Information Security Foundation's mission is to develop and maintain a cutting-edge Intrusion Detection System/Intrusion Prevention System (IDS/IPS) engine, ensuring its availability for free usage by any individual or organization. The foundation is committed to continuously improving and updating this software, while also offering training and support to its users.
Official website here: www.oisf.net
Who is the CEO of Open Information Security Foundation?
Victor Julien is the Secretary of Open Information Security Foundation.
Official website here: www.oisf.net
What is the revenue of Open Information Security Foundation?
Open Information Security Foundation's revenue in 2022 was $1,521,763.
Official website here: www.oisf.net
Who are the executives of Open Information Security Foundation and what are their salaries?
The average compensation at Open Information Security Foundation during 2022 was $73,648. There are 6 employees at Open Information Security Foundation.
Here are 7 key members and their salaries:
- Compensation: $175,352
- Related: $0
- Other: $0
- Compensation: $171,366
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oisf.net
Where can I find the form 990 for Open Information Security Foundation?
Open Information Security Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oisf.net
Learn more at the official website: www.oisf.net
Mission Statement of Open Information Security Foundation
The Open Information Security Foundation, or OISF, is committed to constructing a cutting-edge Intrusion Detection System/Intrusion Prevention System (IDS/IPS) engine. This engine will be freely accessible to any individual or organization, with OISF responsible for its upkeep and advancement. Furthermore, the foundation offers training and support to its users, ensuring they can effectively utilize the software to safeguard their systems.
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Impact
October, 2024
The Open Information Security Foundation (OISF) significantly impacts the field of cybersecurity through its commitment to developing and maintaining a next-generation Intrusion Detection System/Intrusion Prevention System (IDS/IPS) engine. By ensuring that this software remains free for use by individuals and organizations, OISF democratizes access to advanced cybersecurity tools, enabling a wider range of users—from small businesses to large enterprises—to better protect their networks from threats.
Furthermore, OISF is dedicated to the continuous improvement of its software, providing essential updates, support, and training for users, which enhances their ability to respond to emerging security challenges. This proactive approach not only fosters a more secure digital landscape but also encourages knowledge sharing and collaboration among cybersecurity professionals. As a result, OISF plays a crucial role in advancing cybersecurity practices and elevating the overall resilience of organizations against cyber threats.
This information is meant to be a general summary of Open Information Security Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,896
- Program Service Revenue: $352,117
- Gross Receipts: $1,521,763
Assets and Liabilities:
- Total Assets: $1,345,059
- Total Liabilities: $4,129
- Net Assets: $1,340,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training
Revenue
$116,575
Program fees - support
Revenue
$126,337
Conference Income
Revenue
$109,205
Organization Details
Founding Year
2008
Principal Officer
Victor Julien
Main Address
250 Main Street Suite 590, Lafayette, IN, 47901
Website
www.oisf.netNTEE Category
Code: U41 - Science research
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