Security Bsides Las Vegas INC

Tax-deductible

Las Vegas, NV501(c)(3)Science & TechnologyEIN 45-5390264Revenue $523K in FY2024

On file with the IRSbsideslv.org3137 E Warm Springs Rd Ste 100, 89120-3113 · Las Vegas, NVTax-exempt since Sep 2013Publicly supported charity — 170(b)(1)(A)(vi)

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Bsides Las Vegas is a nonprofit organization formed to stimulate the information Security industry and community by providing an annual, two-day conference for Security practitioners and those interested in (or looking to) enter the field.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$56K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
2 of 5
filings with a surplus
Average deficit $3K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 10% of spending
Top officer’s pay lower than 62% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $160
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$523K
+4% vs prior year
Spent
$542K
To programs
100%
Net assets
$146K
By yearFY2020–FY2024
Revenue
$523K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$17K
FY2021$42K
FY2022$460K
FY2023$502K
FY2024$523K
Expenses
$542K
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$61K
FY2021$114K
FY2022$353K
FY2023$492K
FY2024$542K
Net assets
$146K
FY2024▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$118K
FY2021$46K
FY2022$154K
FY2023$164K
FY2024$146K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2013.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $542K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $56K paid to officers and key staff.

Part VII, Section A · reportable compensation
$55,510Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A

Kelly Gardner’s $56K as COO is at the 38th percentile of top reported officer pay among 312 $100K–1M science & technology 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

NameFY2024FY2023FY2022FY2021FY2020
Kelly Gardner$55,510$51,240$46,970$44,685$22,092

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

Hosts a conference to advance the information security industry and community.

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Provided by the organization

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2 programs · $542K · in their own filed words · FY2024
01

An annual, two-day conference for security practitioners and those interested in (or looking to) enter the FIELD.THE event is a source of education, communication, and collaboration. The technical and academic presentations at bsideslv are given in the spirit of peer review and for the dissemination of knowledge among all specialties.

$518Kprogram expense
02

The organization provides grants to organizations that have various philanthropic missions, as well as scholorships to individuals seeking education in security.

$23Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$160
Grants paid · 1 grant · $20K · 2023–2023
Ctf Factory INCDE · FY2023$19,500

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$523K
Ln 12
Gifts and grantsLn 1h$523K
Money outPt IX
$542K
Ln 25
Programscol B$542K
Owns and owesPt X
$146K
net assets · Ln 32
Cash and savingsLn 1–2$148K
Total assetsLn 16$148K
LiabilitiesLn 26$3K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$523K
Total revenueLn 12$523K
Assets in detailPt X, end of year
CashLn 1$148K
Cash and savings togetherLn 1–2$148K
Other assetsLn 15$0
Total assetsLn 16$148K
LiabilitiesLn 26$3K
Net assetsLn 32$146K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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$159K$148K
Total assetsLn 16$164K$148K
LiabilitiesLn 26$184$3K
Net assetsLn 32$164K$146K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Grants to domestic individualsLn 2$8K$8K
Management feesLn 11a$56K$56K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$553$553
Office expensesLn 13$6K$6K
Information technologyLn 14$15K$15K
OccupancyLn 16$10K$10K
TravelLn 17$9K$9K
Conferences, conventions and meetingsLn 19$301K$301K
InsuranceLn 23$29$29
Other expenses (24a–d)Ln 24$109K$109K
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$542K$542K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $523K$542K−$18K$146K 990 PDF
FY2023 $502K$492K$10K$164K 990 PDF
FY2022 $460K$353K$108K$154K 990 PDF
FY2021 $42K$114K−$72K$46K 990 PDF
FY2020 $17K$61K−$44K$118K 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 $523,202 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $501,903$523,202
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $501,903$523,202
I-13 Grants and similar amounts paidPrior year $24,500$23,359
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $467,581$518,156
I-18 Total expensesPrior year $492,081$541,515
I-19 Revenue less expensesPrior year $9,822−$18,313
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $523,202 across 3 lines filed
VIII-1f All other contributions, gifts and grants$523,202
VIII-1h Total contributions, gifts and grants$523,202
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$523,202
Part IX · Statement of functional expenses $541,515 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $15,000$15,000
IX-2 Grants to domestic individualsPrograms $8,359$8,359
IX-11a Management feesPrograms $55,510$55,510
IX-11b Legal feesPrograms $1,283$1,283
IX-11c Accounting feesPrograms $2,668$2,668
IX-12 Advertising and promotionPrograms $553$553
IX-13 Office expensesPrograms $6,470$6,470
IX-14 Information technologyPrograms $15,286$15,286
IX-16 OccupancyPrograms $9,648$9,648
IX-17 TravelPrograms $8,688$8,688
IX-19 Conferences, conventions and meetingsPrograms $300,856$300,856
IX-23 InsurancePrograms $29$29
IX-24 Other expenses (24a–d)Programs $108,803$108,803
IX-24e All other expensesPrograms $8,362$8,362
IX-25 Total functional expensesPrograms $541,515 · Management $0 · Fundraising $0$541,515
Part X · Balance sheet $148,227 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $159,061$148,227
X-15 Other assetsStart of year $5,000$0
X-16 Total assetsStart of year $164,061$148,227
X-25 Other liabilitiesStart of year $184$2,663
X-26 Total liabilitiesStart of year $184$2,663
X-32 Total net assets or fund balancesStart of year $163,877$145,564
X-33 Total liabilities and net assetsStart of year $164,061$148,227
Part XI · Reconciliation of net assets $145,564 net assets at year end
XI-1 Total revenue$523,202
XI-2 Total expenses$541,515
XI-3 Revenue less expenses−$18,313
XI-4 Net assets at start of year$163,877
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$145,564

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

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