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
81 cents of each dollar spent went to programs.
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
7 people listed on the 990; $606K paid to officers and key staff.
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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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.
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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 15aNo
Programs and updates
Investigates and reports internet threats, vulnerabilities, and malicious activity to improve online security.
Questions for The Shadowserver Foundation INC
Your first name shows with your question. The Shadowserver Foundation INC answers here, for everyone.
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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…
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.
Honeypot project to develop a worldwide set of emulated vulnerable system to capture and analyze malicious internet traffic.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $804K |
| Land, buildings, equipmentLn 10c | $970K | $439K |
| Total assetsLn 16 | $2.3M | $1.4M |
| LiabilitiesLn 26 | $493K | $681K |
| Net assetsLn 32 | $1.8M | $729K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $242K | $218K | $24K | |
| Other salaries and wagesLn 7 | $522K | $317K | $138K | $67K |
| Other employee benefitsLn 9 | $157K | $132K | $25K | |
| Payroll taxesLn 10 | $46K | $44K | $2K | |
| Legal feesLn 11b | $81K | $8K | $69K | $4K |
| Accounting feesLn 11c | $124K | $124K | ||
| Other fees for servicesLn 11g | $773K | $766K | $7K | |
| Office expensesLn 13 | $24K | $4K | $20K | |
| Information technologyLn 14 | $365K | $342K | $22K | |
| OccupancyLn 16 | $693K | $672K | $21K | |
| TravelLn 17 | $13K | $12K | $144 | |
| Depreciation, depletion and amortizationLn 22 | $554K | $415K | $138K | |
| InsuranceLn 23 | $18K | $18K | ||
| Other expenses (24a–d)Ln 24 | $6K | $273 | $6K | |
| Total functional expensesLn 25 | $3.6M | $2.9M | $615K | $72K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| 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 Viewing | $2.6M | $3.6M | −$1.0M | $729K | 990 PDF |
| FY2020 | $3.4M | $2.9M | $483K | $1.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $2,582,270 revenue, 12 lines filed
Part VI · Governance 2 of 4 board members independent, 3 to look at
Part VIII · Statement of revenue $2,582,270 across 5 lines filed
Part IX · Statement of functional expenses $3,618,518 across 14 lines filed
Part X · Balance sheet $1,410,714 assets, 13 lines filed
Part XI · Reconciliation of net assets $729,424 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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