One-Isac INC FY2023 filing

Not tax-deductible

Houston, TX501(c)(6)Since 2014UnclassifiedEIN 46-5534726Revenue $1.8M in FY2023

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.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · 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
5 mo
of spending, in cash
Plus $2.5M in investments, Pt X · Ln 11–13
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
35% of total assets
Looks good: liabilities are 35% 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
$1.8M
+10% vs prior year
Spent
$1.4M
To programs
100%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$1.8M
FY2023▲ +10%
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
$1.4M
FY2023▲ +3%
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
$2.3M
FY2023▲ +14%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

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% · $1.4M

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
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See One-Isac INC executive salaries →

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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.

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Provided by the organization

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1 program · $1.4M · in their own filed words · FY2023
01

Membership dues

$1.4Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$116K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$541K
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.2M
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$1.6M
Investment incomeLn 3$116K
Gains on assetsLn 7$0
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$541K
Cash and savings togetherLn 1–2$541K
InvestmentsLn 11–13$2.5M
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.2M
Net assetsLn 32$2.3M
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 FY23End FY23
Cash and savingsLn 1–2$375K$541K
InvestmentsLn 11–13$2.3M$2.5M
Total assetsLn 16$3.2M$3.5M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$2.0M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$339K
Legal feesLn 11b$5K
Accounting feesLn 11c$5K
Other fees for servicesLn 11g$732K
Advertising and promotionLn 12$55K
Information technologyLn 14$209K
TravelLn 17$3K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$4K
Total functional expensesLn 25$1.4M

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 Viewing $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 $1.4M$1.3M$108K$1.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,755,531 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,508,211$1,639,745
I-10 Investment incomePrior year $82,884$115,786
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,591,095$1,755,531
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 $1,311,565$1,352,446
I-18 Total expensesPrior year $1,311,565$1,352,446
I-19 Revenue less expensesPrior year $279,530$403,085
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 $1,755,531 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,639,745$1,639,745
VIII-3 Investment incomeExcluded from tax $115,786$115,786
VIII-7 Net gain or loss on sales of assets$0
VIII-12 Total revenueRelated to mission $1,639,745 · Unrelated business $0 · Excluded from tax $115,786$1,755,531
Part IX · Statement of functional expenses $1,352,446 across 9 lines filed
IX-11a Management fees$339,050
IX-11b Legal fees$5,000
IX-11c Accounting fees$4,575
IX-11g Other fees for services$732,113
IX-12 Advertising and promotion$55,121
IX-14 Information technology$208,703
IX-17 Travel$2,855
IX-23 Insurance$1,357
IX-24 Other expenses (24a–d)$3,672
IX-25 Total functional expenses$1,352,446
Part X · Balance sheet $3,486,997 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $374,575$541,197
X-4 Accounts receivableStart of year $367,000$408,170
X-9 Prepaid expenses and deferred chargesStart of year $89,096$53,367
X-11 Publicly traded securitiesStart of year $2,323,803$2,484,263
X-16 Total assetsStart of year $3,154,474$3,486,997
X-17 Accounts payable and accrued expensesStart of year $21,628$26,461
X-19 Deferred revenueStart of year $1,142,286$1,181,205
X-25 Other liabilitiesStart of year $0$2,187
X-26 Total liabilitiesStart of year $1,163,914$1,209,853
X-27 Net assets without donor restrictionsStart of year $1,990,560$2,277,144
X-32 Total net assets or fund balancesStart of year $1,990,560$2,277,144
X-33 Total liabilities and net assetsStart of year $3,154,474$3,486,997
Part XI · Reconciliation of net assets $2,277,144 net assets at year end
XI-1 Total revenue$1,755,531
XI-2 Total expenses$1,352,446
XI-3 Revenue less expenses$403,085
XI-4 Net assets at start of year$1,990,560
XI-5 Net unrealized gains (losses) on investments$44,707
XI-8 Prior period adjustments−$161,206
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,277,144

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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