The Shadowserver Foundation INC FY2020 filing

Tax-deductible

Pleasanton, CA501(c)(3)EducationEIN 26-2267933

Shadowserver's mission is to make the internet more secure by bringing to light vulnerabilities, malicious activity and emerging threats. Since 2004, shadowserver has been investigating malicious internet activity, collecting malware with its related analysis and meta data, working with law enforcement in various capacities, and sharing infection and malicious data with appropriate network owners. Shadowserver also provides educational presentations worldwide while encouraging the open sharing of data within the security industry and with vendor and government organizations. Shadowserver has emerged as one of the world's leading resources for internet security reporting and malicious activity investigation and maintains a global infrastructure spanning 80 countries. The organization is funded entirely from sponsorships, grants and charitable donations.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$254K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
2 of 5
filings with a surplus
Average deficit $279K a year · 9% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$254K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $138K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$493K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
Spent
$2.9M
To programs
74%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$3.4M
FY2020
Revenue by fiscal year
FY2020$3.4M
FY2021$2.6M
FY2022$2.5M
FY2023$3.7M
FY2024$4.1M
Expenses
$2.9M
FY2020
Expenses by fiscal year
FY2020$2.9M
FY2021$3.6M
FY2022$3.2M
FY2023$3.3M
FY2024$4.6M
Net assets
$1.8M
FY2020
Net assets by fiscal year
FY2020$1.8M
FY2021$729K
FY2022−$109K
FY2023$143K
FY2024−$432K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2018-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Apr 2020.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $2.2M Management & general 23% · $674K Fundraising 3% · $79K

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

Who runs it and what they're paid

4 people listed on the 990; $254K paid to officers and key staff.

Part VII, Section A · reportable compensation
Senior Technical Architect
$128,057Pt VII · Sec A
Director, CEO
$125,945Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jason Rhoads’s $324K as Senior Architect is at the 97th percentile of top reported officer pay among 3394 $1–10M education 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jason Rhoads$323,625$323,853$315,203$301,386$128,057
Charles a Eberle IV$210,458$195,781———
Richard Perlotto———$193,115$125,945
Duncan Taylor$176,838$177,724$172,412——
David De Coster$169,432$171,338$141,771——
Dimitri Nguyen$120,593$121,127$116,541$111,720—

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 The Shadowserver Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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 15aNo

Programs and updates

Investigates and reports internet threats, vulnerabilities, and malicious activity to improve online security.

Provided by the organization

This section is blank until The Shadowserver Foundation INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $2.2M of program spending, described in the organization's own filed words · FY2020.
01

Special Projects Team

A team of people and efforts to support law enforcement and their efforts to pursue and take down of cyber-criminal activities and infrastructures. - registrar of last resort, a special purpose DNS registrar for registering and managing malicious domain names used for MALWARE/BOTNET c2 channels, particularly high-volume domain generation…

$1.9Mprogram expense
02

Other Programs (backend Management System)

Projects for management, upgrades, and expansion of existing data center and related equipment to include development of supporting technologies for new and existing missions and maintenance of existing data storage and query systems.

$163Kprogram expense
03

Honeypot project to develop a worldwide set of emulated vulnerable system to capture and analyze malicious internet traffic.

$126Kprogram expense

Run this program? Claim this org to tell your story

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 1 funder$138K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$568K
Investment incomeLn 3$112
Money outPt IX
$2.9M
Ln 25
Programscol B$2.2M
Managementcol C$674K
Fundraisingcol D$79K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.3M
LiabilitiesLn 26$493K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Noncash giftsLn 1g$317K
Fees for servicesLn 2g$568K
Investment incomeLn 3$112
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$970K
Other assetsLn 15$157K
Total assetsLn 16$2.3M
LiabilitiesLn 26$493K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 55
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$642K$1.1M
Land, buildings, equipmentLn 10c$1.1M$970K
Total assetsLn 16$1.9M$2.3M
LiabilitiesLn 26$544K$493K
Net assetsLn 32$1.3M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$171K$51K$87K$33K
Other salaries and wagesLn 7$214K$138K$34K$41K
Other employee benefitsLn 9$86K$71K$12K$3K
Payroll taxesLn 10$31K$26K$4K$1K
Legal feesLn 11b$18K$18K
Accounting feesLn 11c$130K$130K
Other fees for servicesLn 11g$762K$761K$2K
Office expensesLn 13$16K$843$15K$99
OccupancyLn 16$272K$205K$67K
TravelLn 17$17K$11K$6K
Depreciation, depletion and amortizationLn 22$570K$541K$28K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$637K$378K$259K$15
Total functional expensesLn 25$2.9M$2.2M$674K$79K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.1M$4.6M−$454K−$432K 990 PDF
FY2023 $3.7M$3.3M$325K$143K 990 PDF
FY2022 $2.5M$3.2M−$714K−$109K 990 PDF
FY2021 $2.6M$3.6M−$1.0M$729K 990 PDF
FY2020 Viewing $3.4M$2.9M$483K$1.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $3,418,932 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,850,645
VIII-1g Noncash contributions (included above)$316,881
VIII-1h Total contributions, gifts and grants$2,850,645
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $568,175$568,175
VIII-3 Investment incomeExcluded from tax $112$112
VIII-12 Total revenueRelated to mission $568,175 · Unrelated business $0 · Excluded from tax $112$3,418,932
Part IX · Statement of functional expenses $2,935,557 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $50,691 · Management $86,700 · Fundraising $33,347$170,738
IX-7 Other salaries and wagesPrograms $138,033 · Management $34,372 · Fundraising $41,250$213,655
IX-9 Other employee benefitsPrograms $70,827 · Management $12,264 · Fundraising $3,032$86,123
IX-10 Payroll taxesPrograms $25,590 · Management $4,285 · Fundraising $1,418$31,293
IX-11b Legal feesManagement $18,000$18,000
IX-11c Accounting feesManagement $129,752$129,752
IX-11g Other fees for servicesPrograms $760,703 · Management $1,703$762,406
IX-13 Office expensesPrograms $843 · Management $14,867 · Fundraising $99$15,809
IX-16 OccupancyPrograms $204,618 · Management $67,166$271,784
IX-17 TravelPrograms $11,027 · Management $5,806$16,833
IX-22 Depreciation, depletion and amortizationPrograms $541,391 · Management $28,494$569,885
IX-23 InsuranceManagement $12,131$12,131
IX-24 Other expenses (24a–d)Programs $378,270 · Management $258,863 · Fundraising $15$637,148
IX-25 Total functional expensesPrograms $2,181,993 · Management $674,403 · Fundraising $79,161$2,935,557
Part X · Balance sheet $2,298,010 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $642,281$1,112,676
X-4 Accounts receivable$10,000
X-9 Prepaid expenses and deferred chargesStart of year $5,206$48,822
X-10c Land, buildings and equipment, netStart of year $1,133,141$969,777
X-15 Other assetsStart of year $89,500$156,735
X-16 Total assetsStart of year $1,870,128$2,298,010
X-17 Accounts payable and accrued expensesStart of year $536,510$290,801
X-25 Other liabilitiesStart of year $7,877$202,478
X-26 Total liabilitiesStart of year $544,387$493,279
X-27 Net assets without donor restrictionsStart of year $1,325,741$1,804,731
X-32 Total net assets or fund balancesStart of year $1,325,741$1,804,731
X-33 Total liabilities and net assetsStart of year $1,870,128$2,298,010
Part XI · Reconciliation of net assets $1,804,731 net assets at year end
XI-1 Total revenue$3,418,932
XI-2 Total expenses$2,935,557
XI-3 Revenue less expenses$483,375
XI-4 Net assets at start of year$1,325,741
XI-9 Other changes in net assets−$4,385
XI-10 Net assets at end of year$1,804,731

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.