Fido Alliance INC FY2020 filing

Not tax-deductible

Beaverton, OR501(c)(6)Since 2012Community DevelopmentEIN 45-4948949Revenue $4.9M in FY2020

On file with the IRSfidoalliance.org3855 Sw 153rd Dr, 97003-5105 · Beaverton, ORTax-exempt since Nov 2012

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The mission of the Fido Alliance is to change the nature of online authentication by: developing technical specifications that define an open, scalable, interoperable set of mechanisms that reduce the reliance on passwords to authenticate users. Operating industry programs to help ensure successful worldwide adoption of the specifications. Submitting mature technical specification(s) to recognized standards development organizations(s) for formal standardization.

$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · 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
1 of 5
filings with a surplus
Average deficit $116K a year · 2% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.3M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
32
of 33 voting members
Looks good: 32 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
Spent
$4.9M
To programs
0%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$4.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.9M
FY2021$5.0M
FY2022$5.6M
FY2023$6.7M
FY2024$8.6M
Expenses
$4.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.9M
FY2021$5.4M
FY2022$6.0M
FY2023$6.9M
FY2024$8.2M
Net assets
$1.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$828K
FY2022$401K
FY2023$167K
FY2024$634K

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

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

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2012.

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

Who runs it and what they're paid

39 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Dir. a
$342,261Pt VII · Sec A
Exec. Dir. a
$283,879Pt VII · Sec A
Dir. of Mark
$195,293Pt VII · Sec A
Dir. Stds. D
$190,663Pt VII · Sec A
Marketing Ma
$101,527Pt VII · Sec A
Former Exec.
$40,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Andrew Shikiar’s $415K as Exec. Dir. a is at the 94th percentile of top reported officer pay among 2832 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Andrew Shikiar$415,134$381,296$356,256$335,050$342,261
Christia Hulka—$341,544———
Christina Hulka$222,441—$315,213$300,593$283,879
Megan Shamas$256,346$236,204$213,943$200,914$195,293
David Turner$231,887$223,481$205,028$197,156$190,663
Adrian Loth—$215,454$103,896——
Paul Heim$198,189$190,619———
Tasha Silva$134,680$116,861$106,099$100,878$101,527

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 15aYes

Programs and updates

Develops standards and programs to reduce reliance on passwords for online authentication.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

The fido alliance supports four technical working groups focused on uaf, FIDO2, metadata service, and internet of things. Additionally, they are focused on deployment activities in identiy verification and binding, consumer, enterprise and government and support regional activities in china, europe, india, japan, and korea.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Fees for servicesLn 2g$4.9M
Investment incomeLn 3$1K
Money outPt IX
$4.9M
Ln 25
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.2M
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.3M
PeoplePt VI, VII
39
listed · VII A
PaidVII A6
Voting boardVI 1a33
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.9M
Investment incomeLn 3$1K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$2.3M
SavingsLn 2$919K
Cash and savings togetherLn 1–2$3.2M
Other assetsLn 15$50K
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.3M
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 57
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 FY20End FY20
Cash and savingsLn 1–2$3.3M$3.2M
Total assetsLn 16$3.6M$3.5M
LiabilitiesLn 26$2.4M$2.3M
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$686K
Other salaries and wagesLn 7$1.4M
Legal feesLn 11b$198K
Accounting feesLn 11c$35K
Information technologyLn 14$347K
Other expenses (24a–d)Ln 24$2.2M
All other expensesLn 24e$114K
Total functional expensesLn 25$4.9M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.6M$8.2M$466K$634K 990 PDF
FY2023 $6.7M$6.9M−$234K$167K 990 PDF
FY2022 $5.6M$6.0M−$427K$401K 990 PDF
FY2021 $5.0M$5.4M−$353K$828K 990 PDF
FY2020 Viewing $4.9M$4.9M−$32K$1.2M 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 FY2020 990 (6 parts)
Part I · Summary $4,910,513 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $4,738,077$4,909,054
I-10 Investment incomePrior year $7,286$1,459
I-11 Other revenue$0
I-12 Total revenuePrior year $4,745,363$4,910,513
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,750,873$2,072,070
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,091,507$2,870,439
I-18 Total expensesPrior year $4,842,380$4,942,509
I-19 Revenue less expensesPrior year −$97,017−$31,996
Part VI · Governance 32 of 33 board members independent, 3 to look at
VI-1a Voting members of the governing body33
VI-1b Independent voting members32
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 $4,910,513 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,909,054$4,909,054
VIII-3 Investment incomeExcluded from tax $1,459$1,459
VIII-12 Total revenueRelated to mission $4,909,054 · Excluded from tax $1,459$4,910,513
Part IX · Statement of functional expenses $4,942,509 across 7 lines filed
IX-5 Pay of current officers, directors and key staff$686,274
IX-7 Other salaries and wages$1,385,796
IX-11b Legal fees$197,683
IX-11c Accounting fees$34,589
IX-14 Information technology$347,405
IX-24 Other expenses (24a–d)$2,177,084
IX-24e All other expenses$113,678
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$4,942,509
Part X · Balance sheet $3,498,371 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,339,308$2,257,355
X-2 Savings and temporary cash investmentsStart of year $1,917,099$918,558
X-4 Accounts receivableStart of year $128,150$39,863
X-9 Prepaid expenses and deferred chargesStart of year $200,589$232,534
X-15 Other assetsStart of year $50,561$50,061
X-16 Total assetsStart of year $3,635,707$3,498,371
X-17 Accounts payable and accrued expensesStart of year $493,236$275,607
X-19 Deferred revenueStart of year $1,925,100$2,025,364
X-25 Other liabilitiesStart of year $3,076$15,101
X-26 Total liabilitiesStart of year $2,421,412$2,316,072
X-27 Net assets without donor restrictionsStart of year $1,214,295$1,182,299
X-32 Total net assets or fund balancesStart of year $1,214,295$1,182,299
X-33 Total liabilities and net assetsStart of year $3,635,707$3,498,371
Part XI · Reconciliation of net assets $1,182,299 net assets at year end
XI-1 Total revenue$4,910,513
XI-2 Total expenses$4,942,509
XI-3 Revenue less expenses−$31,996
XI-4 Net assets at start of year$1,214,295
XI-10 Net assets at end of year$1,182,299

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

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