Energy Sector Security Consortium INC

Tax-deductible

Clackamas, OR501(c)(3)Public Safety & DisasterEIN 26-3869062Revenue $935K in FY2024

On file with the IRSenergysec.org15648 Se 114th Ave, 97015-9041 · Clackamas, ORTax-exempt since Nov 2009Publicly supported charity — 170(b)(1)(A)(vi)

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We strive to assure that Security practices, ideas and principles are shared among Energy organizations. IT is our mission to drive Security excellence among participants in our program through collaboration, careful analysis of Security issues, near-instantaneous and confidential information-sharing where identity of discussants remains undisclosed, and through our extensive outreach programs.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Run by 2 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
3 of 5
filings with a surplus
Average surplus $40K a year · 5% 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
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$248K
to officers and key staff · 33% of spending
Top officer’s pay higher than 96% of similar orgs
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$578K
517% of total assets
Concern: liabilities are 517% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$935K
+18% vs prior year
Spent
$748K
To programs
60%
Net assets
−$466K
By yearFY2020–FY2024
Revenue
$935K
FY2024▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$708K
FY2021$814K
FY2022$780K
FY2023$792K
FY2024$935K
Expenses
$748K
FY2024▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$735K
FY2021$750K
FY2022$754K
FY2023$838K
FY2024$748K
Net assets
−$466K
FY2024▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020−$695K
FY2021−$631K
FY2022−$607K
FY2023−$653K
FY2024−$466K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2009.

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

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $447K Management & general 40% · $301K

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

6 people listed on the 990; $248K paid to officers and key staff.

Part VII, Section A · reportable compensation
$133,808Pt VII · Sec A
Managing Dir
$114,097Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kevin Morrison’s $134K as Manager is at the 96th percentile of top reported officer pay among 825 $100K–1M public safety & disaster 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kevin Morrison$133,808$127,184$127,584$105,727—
Twila Denham$114,097$107,903$111,112——
Steven Parker—$3,630$6,505$41,400$103,200

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 Energy Sector Security Consortium INC 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

Shares security practices and ideas among energy organizations through collaboration and confidential information exchange.

Provided by the organization

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1 program · $447K · in their own filed words · FY2024
01

Energysec supports information sharing and educational efforts related to cybersecurity in the energy sector.

$447Kprogram 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 · FY2023
Total grants receivedfrom 2 funders$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$935K
Ln 12
Fees for servicesLn 2g$900K
Gifts and grantsLn 1h$35K
Money outPt IX
$748K
Ln 25
Programscol B$447K
Managementcol C$301K
Owns and owesPt X
−$466K
net assets · Ln 32
Cash and savingsLn 1–2$26K
Total assetsLn 16$112K
LiabilitiesLn 26$578K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$35K
Fees for servicesLn 2g$900K
Total revenueLn 12$935K
Assets in detailPt X, end of year
CashLn 1$26K
Cash and savings togetherLn 1–2$26K
Other assetsLn 15$1K
Total assetsLn 16$112K
LiabilitiesLn 26$578K
Net assetsLn 32−$466K
OperationsPt I, VI
EmployeesI 58
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$10K$26K
Total assetsLn 16$106K$112K
LiabilitiesLn 26$759K$578K
Net assetsLn 32−$653K−$466K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$377K$224K$153K
Other employee benefitsLn 9$31K$7K$24K
Payroll taxesLn 10$30K$18K$12K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$6K$5K$130
Office expensesLn 13$18K$4K$15K
OccupancyLn 16$31K$2K$29K
TravelLn 17$63K$51K$12K
Conferences, conventions and meetingsLn 19$116K$95K$21K
InterestLn 20$392$392
InsuranceLn 23$6K$261$6K
Other expenses (24a–d)Ln 24$65K$41K$24K
Total functional expensesLn 25$748K$447K$301K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $935K$748K$187K−$466K 990 PDF
FY2023 $792K$838K−$47K−$653K 990 PDF
FY2022 $780K$754K$27K−$607K 990 PDF
FY2021 $814K$750K$63K−$631K 990 PDF
FY2020 $708K$735K−$28K−$695K 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 $935,141 revenue, 12 lines filed
I-8 Contributions and grants$35,192
I-9 Program service revenuePrior year $791,577$899,949
I-10 Investment income$0
I-11 Other revenuePrior year $11$0
I-12 Total revenuePrior year $791,588$935,141
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $493,992$438,098
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $344,351$310,126
I-18 Total expensesPrior year $838,343$748,224
I-19 Revenue less expensesPrior year −$46,755$186,917
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $935,141 across 4 lines filed
VIII-1f All other contributions, gifts and grants$35,192
VIII-1h Total contributions, gifts and grants$35,192
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $899,949$899,949
VIII-12 Total revenueRelated to mission $899,949$935,141
Part IX · Statement of functional expenses $748,224 across 12 lines filed
IX-7 Other salaries and wagesPrograms $223,763 · Management $153,083$376,846
IX-9 Other employee benefitsPrograms $7,275 · Management $23,954$31,229
IX-10 Payroll taxesPrograms $17,827 · Management $12,196$30,023
IX-11c Accounting feesManagement $5,164$5,164
IX-12 Advertising and promotionPrograms $5,385 · Management $130$5,515
IX-13 Office expensesPrograms $3,650 · Management $14,601$18,251
IX-16 OccupancyPrograms $2,192 · Management $29,132$31,324
IX-17 TravelPrograms $50,731 · Management $11,992$62,723
IX-19 Conferences, conventions and meetingsPrograms $95,236 · Management $20,501$115,737
IX-20 InterestManagement $392$392
IX-23 InsurancePrograms $261 · Management $6,084$6,345
IX-24 Other expenses (24a–d)Programs $40,887 · Management $23,788$64,675
IX-25 Total functional expensesPrograms $447,207 · Management $301,017 · Fundraising $0$748,224
Part X · Balance sheet $111,712 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $10,055$25,658
X-4 Accounts receivableStart of year $83,883$41,566
X-9 Prepaid expenses and deferred chargesStart of year $11,000$43,343
X-15 Other assetsStart of year $1,145$1,145
X-16 Total assetsStart of year $106,083$111,712
X-17 Accounts payable and accrued expensesStart of year $568,063$527,886
X-19 Deferred revenueStart of year $80,000$50,175
X-26 Total liabilitiesStart of year $759,349$578,061
X-27 Net assets without donor restrictionsStart of year −$653,266−$466,349
X-32 Total net assets or fund balancesStart of year −$653,266−$466,349
X-33 Total liabilities and net assetsStart of year $106,083$111,712
Part XI · Reconciliation of net assets −$466,349 net assets at year end
XI-1 Total revenue$935,141
XI-2 Total expenses$748,224
XI-3 Revenue less expenses$186,917
XI-4 Net assets at start of year−$653,266
XI-10 Net assets at end of year−$466,349

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

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