Overview
What is Institute For Security And Technology?
The Institute for Security and Technology is a nonprofit public benefit corporation, based in Oakland, California. With a mission to bridge the gap between technology and policy leaders, its primary objective is to tackle emerging security threats. The organization, which employs 16 individuals, focuses on digital security, particularly addressing the threat posed by ransomware and other cybersecurity challenges. By working in collaboration with industry and government partners, the Institute aims to mitigate these threats in a commercially viable and internationally beneficial manner. In addition to education and advocacy, it serves as a trusted technology and policy lab, contributing to global security discussions.
Official website here: www.securityandtechnology.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star Rating
The Institute For Security And Technology has achieved a high level of accountability and finance, earning a Four-Star rating from Charity Navigator. This rating reflects the organization’s strong financial health and transparency, as indicated by a perfect score in various accountability metrics. With an impressive 84.23% of expenses allocated directly to programs, the organization demonstrates a commitment to effectively utilizing funds for its mission.
The board of the Institute is composed of a majority of independent members, reinforcing governance standards and ensuring unbiased oversight. Additionally, the presence of an audit and oversight committee, along with comprehensive policies on conflict of interest, whistleblower protections, and document retention, further enhances the organization’s accountability practices.
While the financial ratios indicate a solid operational foundation, with a liabilities to assets ratio of just 0.47% and a working capital ratio of 2.10 years, the organization has maintained a low fundraising cost. Collectively, these attributes highlight the Institute For Security And Technology as a well-managed nonprofit with a strong financial outlook, though further information on program impact could enhance understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Security And Technology legitimate?
Institute For Security And Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Security And Technology 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: $467,298
Professional Fundraising Fees: $96,453
Other Salaries and Wages: $722,157
For more financial information, click here
Official website here: www.securityandtechnology.org
What is the mission statement of Institute For Security And Technology?
The Institute for Security and Technology is a nonprofit public benefit corporation with a mission to address emerging security threats by fostering collaboration between technology and policy leaders. Its primary objective is to educate the public on global security issues and serve as a trusted platform for mitigating these threats in commercially viable and internationally beneficial ways. The organization is particularly focused on the future of digital security, specifically working with industry and government partners to combat ransomware and other widespread cybersecurity threats under the theme of 'Future of Digital Security.'
Official website here: www.securityandtechnology.org
Who is the CEO of Institute For Security And Technology?
Philip Reiner is the Chief Strategy Officer of Institute For Security And Technology. The CEO's salary of Institute For Security And Technology is $206,201 and their total compensation is $223,568.
Official website here: www.securityandtechnology.org
What is the revenue of Institute For Security And Technology?
Institute For Security And Technology's revenue in 2022 was $4,408,210.
Official website here: www.securityandtechnology.org
Who are the executives of Institute For Security And Technology and what are their salaries?
The average compensation at Institute For Security And Technology during 2022 was $74,341. There are 16 employees and 10 volunteers at Institute For Security And Technology.
Here are 11 key members and their salaries (Institute For Security And Technology's CEO's salary is $206,201 and their total compensation is $223,568):
- Compensation: $213,684
- Related: $0
- Other: $30,047
- Compensation: $206,201
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- Other: $17,367
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Official website here: www.securityandtechnology.org
Where can I find the form 990 for Institute For Security And Technology?
Institute For Security And Technology's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.securityandtechnology.org
Learn more at the official website: www.securityandtechnology.org
Mission Statement of Institute For Security And Technology
The Institute for Security and Technology, a nonprofit public benefit corporation, is dedicated to addressing emerging security threats by fostering a connection between technology and policy leaders. Its mission is to educate the public on global security issues and serve as a trusted technology and policy lab, working towards mitigating these threats in a commercially viable and internationally beneficial manner. One of its key areas of focus is the future of digital security, particularly in addressing the threat posed by ransomware and other cybersecurity threats on a systemic level. This initiative, known as 'Future of Digital Security,' involves collaboration with a coalition of industry and government partners.
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Impact
July, 2024
The Institute for Security and Technology is focused on solving emerging security threats by bridging the gap between technology and policy leaders. A key area of their work is in the future of digital security, specifically addressing the growing threat of ransomware and other ecosystem-wide cybersecurity risks. Through collaboration with industry and government partners, they aim to mitigate these threats in ways that are commercially viable and internationally beneficial. The institute functions as a trusted technology and policy lab, educating the public on global security issues and working towards innovative solutions in the field of cybersecurity.
This information is meant to be a general summary of Institute For Security And Technology. 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: $61
- Program Service Revenue: $25,000
- Gross Receipts: $4,408,210
Assets and Liabilities:
- Total Assets: $2,931,314
- Total Liabilities: $13,998
- Net Assets: $2,917,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$25,000
Organization Details
Founding Year
2015
Phone
(415) 320-7208Principal Officer
Philip Reiner
Main Address
5800 HARBORD DRIVE, OAKLAND, CA, 94611
NTEE Category
Code: U05 - Science research
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