Federal IT Security Institute EIN 27-1374413 Form 990 (PDF) Claim this org

Federal IT Security Institute

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Trains federal workers to secure national information systems with IT security standards. For fiscal year 2025 it reported $281K in revenue, $322K in expenses, and $71K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Alexandria, VA
Website
www.fitsi.org
Filings
6 on file (2020–2025)
Revenue
$281KFY2025
Expenses
$322K
Net assets
$71K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-1374413 Business league / trade association Alexandria, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains federal workers to secure national information systems with IT security standards.
Leadership
James Wiggins · Executive Director and CEO · $90K
Money in and out
$281K revenue, $322K expenses
Bottom line
-15% operating surplus
Membership & operating revenue · FY2025
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$41K
Where spending went · Part IX cols B–D
Program services $0.43 Management & general $0.57
Operating surplus
-15%
revenue over expenses▼ -225% vs prior filing year
Earned revenue
96%
of revenue from program services & dues▲ +4% vs prior filing year
Program spending
43%
of expenses reach member services▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$281K
FY2025▲ +15%
Expenses
$322K
FY2025▲ +50%
Total assets
$71K
FY2025▼ -37%
Total liabilities
$0
FY2025
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$71K
Program-expense ratioPt IX · col B43%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFederal IT Security Institute
EINHdr · item D27-1374413
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jwww.fitsi.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director and CEO
$90,000Pt VII · Sec A
Chief Operation Officer
$4,242Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

James Wiggins’s $90K as Executive Director and CEO is at the 66th percentile of top reported officer pay among 1710 $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

NameFY2025FY2024FY2023
James Wiggins$90,000$30,000$60,000
Amee Devine$4,242$4,556$6,305

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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Mission & Programs · Part III

Where the work happens

3 program services account for $140K of program spending, described in the organization's own filed words · FY2024.
01

Fitsi provides an it security certification program targeted at the federal workforce. The organization oversees this program and manages the program for its members.

$140Kprogram expense
02

Fitsi provides program management of the wounded warrior cyber combat academy. This program is run and financed by the fitsi foundation (a sister organization) which trains wounded warriors in cyber security.

Pt IX · col B
03

Fitsi oversees two local chapters of members in colorado and washington DC. These chapters run events such as training and meetings to benefit members.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$269K · 96%
Contributions & grants$12K · 4%
Program service revenue96%$269K
Contributions & grants4%$12K
Total revenueLn 12$281K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.43 Management & general $0.57
Program services43%$140K
Management & general57%$182K
Total functional expensesLn 25$322K

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$71K
Total liabilitiesLn 26$0
Total net assetsLn 32$71K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses/yr $322K
2.7 months
Where the money goes
Program services
Program services $140K · Total expenses $322K
43%
Management & General
Management & general $182K · Total expenses $322K
57%
Fundraising
Fundraising $0 · Total expenses $322K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $17K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $281K
4%
Government reliance
Government grants — · Total revenue $281K
Earned-income share
Program service revenue $269K · Total revenue $281K
96%
Investment reliance
Investment income $0 · Total revenue $281K
0%
Program self-sufficiency
Program service revenue $269K · Total expenses $322K
83%
Growth & trend
Revenue growth (YoY)
This year $281K · Prior year $243K
+15%
Revenue CAGR
FY2019 $234K · FY2024 $281K
+4%
Net-asset trend (YoY)
End of year $71K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $281K · Expenses $322K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $71K
Net-asset ratio
Net assets $71K · Total assets $71K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $71K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Wiggins · Reported title EXECUTIVE DIRECTOR AND CEO · Highest reported compensation $90K · Total expenses $322K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $322K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 43%
Overhead ratio 57%
Fundraising cost ratio 0%
Revenue growth 15%
Legal fee ratio 4%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$281K revenue · viewing · ⤓ 990 PDF
FY2024$243K revenue · ⤓ 990 PDF
FY2023$258K revenue · ⤓ 990 PDF
FY2022$188K revenue · ⤓ 990 PDF
FY2021$252K revenue · ⤓ 990 PDF
FY2020$234K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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