Security Industry Alarm Coalition

Not tax-deductible

Frisco, TX501(c)(6)Community DevelopmentEIN 06-1661424Revenue $595K in FY2024

On file with the IRSsiacinc.org13541 Stanmere Dr, 75035-8581 · Frisco, TXTax-exempt since May 2003

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To create a structure for all interested parties to come together under the banner of "Dispatch Reduction and "Alarm Mangement and through a coordinated effort maximize the impact of false dispatch & alarm management across North America by maintaining a liaison with national or state law enforcement leadership, while educating and empowering local alarm communities to proactively foster relationships with law enforcement before a crisis exists.

88¢ of each $1 spent went to programs.
$270K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $4K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$270K
to officers and key staff · 42% of spending
Top officer’s pay higher than 91% of similar orgs
Concern: pay to officers and key staff is 42% of spending; over 30%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $62K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$595K
-7% vs prior year
Spent
$636K
To programs
88%
Net assets
$439K
By yearFY2020–FY2024
Revenue
$595K
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$777K
FY2021$647K
FY2022$689K
FY2023$643K
FY2024$595K
Expenses
$636K
FY2024▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$683K
FY2021$632K
FY2022$669K
FY2023$710K
FY2024$636K
Net assets
$439K
FY2024▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$496K
FY2021$510K
FY2022$547K
FY2023$480K
FY2024$439K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $563K Management & general 11% · $69K Fundraising 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $270K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$152,100Pt VII · Sec A
$118,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Stan Martin’s $152K as Executive Director is at the 91st percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stan Martin$152,100$189,800$175,500$176,500$179,356
Steve Keefer$118,000$110,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Security Industry Alarm Coalition executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Reduces false alarms by connecting communities with law enforcement.

Provided by the organization

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3 programs · $563K · in their own filed words · FY2024
01

Iacp/Sacop

Alarm Management Facilitation: SIAC works closely with state chief of police associations through the foundation of partnerships with IACP/SACOP. SIAC staff will facilitate meetings with police chiefs and alarm industry professionals, offering resources in a statewide effort.

$481Kprogram expense
02

Law Enforcement Outreach

National Associations: SIAC's mission is to partner with law enforcement, throughout the nation. SIAC sponsors at national events in attempt to maintain established partnerships. International Association of Chiefs of Police (IACP) and National Sheriff's Association (NSA) are examples of this national effort.

$67Kprogram expense
03

Alarm Dealer Outreach / Training Ordinance Support

SIAC is the conduit between the alarm industry and law enforcement. SIAC's mission is to develop partnerships between the aforementioned groups. SIAC will attend and participate at national and state alarm association meetings. In those surrounding, SIAC shares concerns, problems or successes involving law enforcement.

$15Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$62K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$595K
Ln 12
Gifts and grantsLn 1h$585K
Investment incomeLn 3$10K
Money outPt IX
$636K
Ln 25
Programscol B$563K
Managementcol C$69K
Fundraisingcol D$4K
Owns and owesPt X
$439K
net assets · Ln 32
Cash and savingsLn 1–2$439K
Total assetsLn 16$439K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$585K
Investment incomeLn 3$10K
Total revenueLn 12$595K
Assets in detailPt X, end of year
CashLn 1$127K
SavingsLn 2$313K
Cash and savings togetherLn 1–2$439K
Total assetsLn 16$439K
LiabilitiesLn 26$0
Net assetsLn 32$439K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$480K$439K
Total assetsLn 16$480K$439K
LiabilitiesLn 26$0$0
Net assetsLn 32$480K$439K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$270K$270K
Other salaries and wagesLn 7$141K$141K
Pension plan contributionsLn 8$21K$21K
Payroll taxesLn 10$21K$21K
Accounting feesLn 11c$11K$11K
Office expensesLn 13$27K$27K
Information technologyLn 14$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$131K$131K
All other expensesLn 24e$11K$7K$4K
Total functional expensesLn 25$636K$563K$69K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $595K$636K−$41K$439K 990 PDF
FY2023 $643K$710K−$67K$480K 990 PDF
FY2022 $689K$669K$20K$547K 990 PDF
FY2021 $647K$632K$15K$510K 990 PDF
FY2020 $777K$683K$94K$496K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $595,048 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $634,773$584,860
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $8,076$10,188
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $642,849$595,048
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $526,176$452,720
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $183,883$183,018
I-18 Total expensesPrior year $710,059$635,738
I-19 Revenue less expensesPrior year −$67,210−$40,690
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $595,048 across 4 lines filed
VIII-1f All other contributions, gifts and grants$584,860
VIII-1h Total contributions, gifts and grants$584,860
VIII-3 Investment incomeRelated to mission $10,188$10,188
VIII-12 Total revenueRelated to mission $10,188 · Unrelated business $0 · Excluded from tax $0$595,048
Part IX · Statement of functional expenses $635,738 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $270,100$270,100
IX-7 Other salaries and wagesPrograms $141,000$141,000
IX-8 Pension plan contributionsManagement $20,957$20,957
IX-10 Payroll taxesPrograms $20,663$20,663
IX-11c Accounting feesManagement $11,019$11,019
IX-13 Office expensesManagement $27,182$27,182
IX-14 Information technologyManagement $1,300$1,300
IX-23 InsuranceManagement $1,896$1,896
IX-24 Other expenses (24a–d)Programs $130,838$130,838
IX-24e All other expensesManagement $7,124 · Fundraising $3,659$10,783
IX-25 Total functional expensesPrograms $562,601 · Management $69,478 · Fundraising $3,659$635,738
Part X · Balance sheet $439,377 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $94,857$126,798
X-2 Savings and temporary cash investmentsStart of year $385,210$312,579
X-16 Total assetsStart of year $480,067$439,377
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $480,067$439,377
X-33 Total liabilities and net assetsStart of year $480,067$439,377
Part XI · Reconciliation of net assets $439,377 net assets at year end
XI-1 Total revenue$595,048
XI-2 Total expenses$635,738
XI-3 Revenue less expenses−$40,690
XI-4 Net assets at start of year$480,067
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$439,377

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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