Auto-Isac INC

Not tax-deductible

Washington, DC501(c)(6)Since 2015Community DevelopmentEIN 47-5237220

The mission of auto-isac is to serve the global automotive industry as a central point for the analysis and sharing of trusted and timely cyber threat information about existing or potential cyber-related threats and vulnerabilities for the connected vehicle. Our membership includes light- and heavy-duty vehicles, commercial vehicle fleets and carriers.

Run by 25 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $1.1M a year · 21% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.6M
to officers and key staff · 23% of spending
Top officer’s pay higher than 97% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 17.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.1M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.9M
+8% vs prior year
Spent
$6.8M
Net assets
$9.3M
By yearFY2020–FY2024
Revenue
$5.9M
FY2024▲ +8%
Revenue by fiscal year
FY2020$3.7M
FY2021$4.5M
FY2022$5.4M
FY2023$5.5M
FY2024$5.9M
Expenses
$6.8M
FY2024▲ +39%
Expenses by fiscal year
FY2020$1.8M
FY2021$2.6M
FY2022$3.5M
FY2023$4.9M
FY2024$6.8M
Net assets
$9.3M
FY2024▼ -8%
Net assets by fiscal year
FY2020$6.0M
FY2021$7.8M
FY2022$9.7M
FY2023$10.2M
FY2024$9.3M

From the FY2024 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: FY2024. IRS ruling in Apr 2016.

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

Who runs it and what they're paid

18 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$527,580Pt VII · Sec A
Program Operations Manager
$187,368Pt VII · Sec A
European Director
$166,659Pt VII · Sec A
Business Operations Manager
$164,160Pt VII · Sec A
Senior Info Tech Special
$137,804Pt VII · Sec A
Intelligence Officer
$134,589Pt VII · Sec A
Cyber Intel Analyst
$132,643Pt VII · Sec A
Lead Technical Analyst
$125,000Pt VII · Sec A

Faye Francy’s $528K as Executive Director is at the 97th 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
Faye Francy$527,580$471,113$464,427$404,625$463,788
Joshua Poster$187,368$190,364$183,088$158,436$162,862
Martin Emele$166,659————
Michael Shokouhi$164,160$162,800$156,616$139,400—
Paul Hart$137,804————
Ricky Brooks II$134,589$127,985———
Mathew J Thompson$132,643$127,943———
Ricky Brooks——$126,372$110,340—

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.

See Auto-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 15aYes

Programs and updates

Shares automotive cyber threat information to protect connected vehicles.

Provided by the organization

This section is blank until Auto-Isac INC claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

As defined by the national council of isacs (nci), an information sharing and analysis center (isac) is a trusted, sector-specific membership organization that provides operational capabilities for its sector or industry.

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.9M
Ln 12
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$344K
Money outPt IX
$6.8M
Ln 25
Owns and owesPt X
$9.3M
net assets · Ln 32
Cash and savingsLn 1–2$10.0M
Total assetsLn 16$10.4M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A8
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$344K
Total revenueLn 12$5.9M
Assets in detailPt X, end of year
CashLn 1$578K
SavingsLn 2$9.5M
Cash and savings togetherLn 1–2$10.0M
Other assetsLn 15$305K
Total assetsLn 16$10.4M
LiabilitiesLn 26$1.1M
Net assetsLn 32$9.3M
OperationsPt I, VI
EmployeesI 511
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$10.4M$10.0M
Total assetsLn 16$10.9M$10.4M
LiabilitiesLn 26$669K$1.1M
Net assetsLn 32$10.2M$9.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$945K
Other salaries and wagesLn 7$1.7M
Pension plan contributionsLn 8$82K
Other employee benefitsLn 9$222K
Payroll taxesLn 10$301K
Legal feesLn 11b$262K
Accounting feesLn 11c$170K
Other fees for servicesLn 11g$748K
Advertising and promotionLn 12$13K
Office expensesLn 13$33K
Information technologyLn 14$1.1M
OccupancyLn 16$7K
TravelLn 17$103K
Conferences, conventions and meetingsLn 19$898K
InsuranceLn 23$7K
Other expenses (24a–d)Ln 24$225K
Total functional expensesLn 25$6.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.9M$6.8M−$916K$9.3M 990 PDF
FY2023 $5.5M$4.9M$572K$10.2M 990 PDF
FY2022 $5.4M$3.5M$1.9M$9.7M 990 PDF
FY2021 $4.5M$2.6M$1.9M$7.8M 990 PDF
FY2020 $3.7M$1.8M$1.9M$6.0M 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 (4 parts)
Part VIII · Statement of revenue $5,898,599 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,554,592$5,554,592
VIII-3 Investment incomeExcluded from tax $344,007$344,007
VIII-12 Total revenueRelated to mission $5,554,592 · Unrelated business $0 · Excluded from tax $344,007$5,898,599
Part IX · Statement of functional expenses $6,814,186 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$944,649
IX-7 Other salaries and wages$1,695,400
IX-8 Pension plan contributions$82,172
IX-9 Other employee benefits$221,565
IX-10 Payroll taxes$300,796
IX-11b Legal fees$261,977
IX-11c Accounting fees$169,755
IX-11g Other fees for services$747,536
IX-12 Advertising and promotion$13,281
IX-13 Office expenses$32,927
IX-14 Information technology$1,104,429
IX-16 Occupancy$6,927
IX-17 Travel$103,347
IX-19 Conferences, conventions and meetings$897,560
IX-23 Insurance$6,568
IX-24 Other expenses (24a–d)$225,297
IX-25 Total functional expenses$6,814,186
Part X · Balance sheet $10,403,067 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $715,445$578,448
X-2 Savings and temporary cash investmentsStart of year $9,638,194$9,454,655
X-4 Accounts receivableStart of year $68,378$50,206
X-9 Prepaid expenses and deferred chargesStart of year $436,166$15,123
X-15 Other assetsStart of year $0$304,635
X-16 Total assetsStart of year $10,858,183$10,403,067
X-17 Accounts payable and accrued expensesStart of year $114,745$61,200
X-19 Deferred revenueStart of year $402,227$382,999
X-25 Other liabilitiesStart of year $152,429$613,621
X-26 Total liabilitiesStart of year $669,401$1,057,820
X-27 Net assets without donor restrictionsStart of year $10,188,782$9,345,247
X-32 Total net assets or fund balancesStart of year $10,188,782$9,345,247
X-33 Total liabilities and net assetsStart of year $10,858,183$10,403,067
Part XI · Reconciliation of net assets $9,345,247 net assets at year end
XI-1 Total revenue$5,898,599
XI-2 Total expenses$6,814,186
XI-3 Revenue less expenses−$915,587
XI-4 Net assets at start of year$10,188,782
XI-8 Prior period adjustments$78,136
XI-9 Other changes in net assets−$6,084
XI-10 Net assets at end of year$9,345,247

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

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