Houseccon EIN 45-5041941 Form 990 (PDF) Claim this org

Houseccon FY2022 filing

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Educates information security professionals through conferences on creating more secure environments. For fiscal year 2022 it reported $428K in revenue, $417K in expenses, and $30K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Education
Location
Houston, TX
Website
www.houstonseccon.com
Filings
6 on file (2020–2022)
Revenue
$428KFY2022
Expenses
$417K
Net assets
$30K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-5041941 Public charity (501(c)(3)) Houston, TX Founded 2012
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Educates information security professionals through conferences on creating more secure environments.
Leadership
Michael Farnum · President
Money in and out
$428K revenue, $417K expenses
Bottom line
98% program efficiency
Where the money goes · FY2022
Total revenue
$428K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $11K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$428K
FY2022▲ +38%
Expenses
$417K
FY2022▲ +57%
Total assets
$165K
FY2022▲ +120%
Total liabilities
$134K
FY2022
Total revenue
$428K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$11K
Total assetsPt X · Ln 16$165K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHouseccon
EINHdr · item D45-5041941
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.houstonseccon.com
Year of formationHdr · item L2012
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Lauren Lynch’s $38K as Vice President Operations is at the 5th percentile of top reported officer pay among 3393 $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 · 1 named individual · Part VII

NameFY2025FY2024FY2023
Lauren Lynch$38,500$124,000$57,413

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

1 program service account for $408K of program spending, described in the organization's own filed words · FY2022.
01

HouSecCon provides a yearly conference and training to professionals in the information security industry and the public for the purposes of education on information security topics. We invite experts in the field of information security to present trends and tactics that could affect and/or bolster the security of organizations in…

$408Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$425K · 99%
Contributions & grants$3K · 1%
Program service revenue99%$425K
Contributions & grants1%$3K
Other revenue$575
Total revenueLn 12$428K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$408K
Management & general2%$9K
Total functional expensesLn 25$417K

Balance Sheet

Part X · end of year
CashLn 1$100K
Total assetsLn 16$165K
Total liabilitiesLn 26$134K
Total net assetsLn 32$30K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $100K · Operating expenses/yr $417K
2.9 months
Where the money goes
Program services
Program services $408K · Total expenses $417K
98%
Management & General
Management & general $9K · Total expenses $417K
2%
Fundraising
Fundraising $0 · Total expenses $417K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $428K
0.6%
Government reliance
Government grants — · Total revenue $428K
Earned-income share
Program service revenue $425K · Total revenue $428K
99%
Investment reliance
Investment income $0 · Total revenue $428K
0%
Program self-sufficiency
Program service revenue $425K · Total expenses $417K
102%
Growth & trend
Revenue growth (YoY)
This year $428K · Prior year $311K
+38%
Net-asset trend (YoY)
End of year $30K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $428K · Expenses $417K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $165K
Net-asset ratio
Net assets $30K · Total assets $165K
18%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $165K
0%
People & payroll
Highest Reported Total Compensation
Individual Michael Farnum · Reported title President · Highest reported compensation $0 · Total expenses $417K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $417K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 38%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$5

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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)$2.5M revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$474K revenue · ⤓ 990 PDF
FY2022$428K revenue · viewing · ⤓ 990 PDF
FY2021$311K revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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