One-Isac INC FY2020 filing

Not tax-deductible

Houston, TX501(c)(6)Since 2014UnclassifiedEIN 46-5534726Revenue $1.4M in FY2020

On file with the IRSongisac.org5535 Memorial Dr Ste F 167, 77007-8021 · Houston, TXTax-exempt since Jul 2014

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One-Isac offers protection of exploration and production, transporation, refining, and delivery systems of the u.s. Ong industry, through the analysis and sharing of trusted and timely cyber threat information.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $340K a year · 20% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$755K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
Spent
$1.3M
To programs
100%
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$1.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.6M
FY2023$1.8M
FY2024$1.9M
FY2025$2.2M
Expenses
$1.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$1.3M
FY2023$1.4M
FY2024$1.4M
FY2025$1.6M
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$2.0M
FY2023$2.3M
FY2024$2.7M
FY2025$3.4M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

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% · $1.3M

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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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

Protects U.S. oil and gas infrastructure by sharing cyber threat information.

Questions for One-Isac INC

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2020
01

Membership dues

$1.3Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$61K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.3M
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$241K
Total assetsLn 16$2.5M
LiabilitiesLn 26$755K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$61K
Gains on assetsLn 7$0
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$241K
Cash and savings togetherLn 1–2$241K
InvestmentsLn 11–13$1.9M
Total assetsLn 16$2.5M
LiabilitiesLn 26$755K
Net assetsLn 32$1.7M
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 FY20End FY20
Cash and savingsLn 1–2$185K$241K
InvestmentsLn 11–13$1.8M$1.9M
Total assetsLn 16$2.8M$2.5M
LiabilitiesLn 26$1.2M$755K
Net assetsLn 32$1.6M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$285K
Accounting feesLn 11c$1K
Other fees for servicesLn 11g$2K
Advertising and promotionLn 12$46K
Office expensesLn 13$2K
Information technologyLn 14$34K
InsuranceLn 23$777
Other expenses (24a–d)Ln 24$881K
Total functional expensesLn 25$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.2M$1.6M$594K$3.4M 990 PDF
FY2024 $1.9M$1.4M$460K$2.7M 990 PDF
FY2023 $1.8M$1.4M$403K$2.3M 990 PDF
FY2022 $1.6M$1.3M$280K$2.0M 990 PDF
FY2021 $1.3M$1.1M$194K$1.9M 990 PDF
FY2020 Viewing $1.4M$1.3M$108K$1.7M 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 $1,360,153 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,332,876$1,299,400
I-10 Investment incomePrior year $32,114$60,753
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,364,990$1,360,153
I-13 Grants and similar amounts paidPrior year $0$0
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 $1,165,710$1,252,296
I-18 Total expensesPrior year $1,165,710$1,252,296
I-19 Revenue less expensesPrior year $199,280$107,857
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $1,360,153 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,299,400$1,299,400
VIII-3 Investment incomeExcluded from tax $60,753$60,753
VIII-7 Net gain or loss on sales of assets$0
VIII-12 Total revenueRelated to mission $1,299,400 · Unrelated business $0 · Excluded from tax $60,753$1,360,153
Part IX · Statement of functional expenses $1,252,296 across 8 lines filed
IX-11a Management fees$285,472
IX-11c Accounting fees$1,275
IX-11g Other fees for services$2,050
IX-12 Advertising and promotion$45,555
IX-13 Office expenses$2,340
IX-14 Information technology$33,707
IX-23 Insurance$777
IX-24 Other expenses (24a–d)$881,120
IX-25 Total functional expenses$1,252,296
Part X · Balance sheet $2,467,443 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $184,585$241,106
X-4 Accounts receivableStart of year $627,000$308,000
X-9 Prepaid expenses and deferred chargesStart of year $116,314$28,008
X-11 Publicly traded securitiesStart of year $1,838,629$1,890,329
X-16 Total assetsStart of year $2,766,528$2,467,443
X-17 Accounts payable and accrued expensesStart of year $136,400$20,537
X-19 Deferred revenueStart of year $1,040,664$734,364
X-26 Total liabilitiesStart of year $1,177,064$754,901
X-27 Net assets without donor restrictionsStart of year $1,589,464$1,712,542
X-32 Total net assets or fund balancesStart of year $1,589,464$1,712,542
X-33 Total liabilities and net assetsStart of year $2,766,528$2,467,443
Part XI · Reconciliation of net assets $1,712,542 net assets at year end
XI-1 Total revenue$1,360,153
XI-2 Total expenses$1,252,296
XI-3 Revenue less expenses$107,857
XI-4 Net assets at start of year$1,589,464
XI-5 Net unrealized gains (losses) on investments$15,221
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,712,542

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

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