Auto-Isac INC FY2022 filing

Not tax-deductible

Washington, DC501(c)(6)Since 2015Community DevelopmentEIN 47-5237220Revenue $5.4M in FY2022

On file with the IRSautomotiveisac.com20 F St Nw Ste 700, 20001-6705 · Washington, DCTax-exempt since Apr 2016

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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.

$931K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · 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
$931K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
33 mo
of spending, in cash
Looks good: 33.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$467K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.4M
+19% vs prior year
Spent
$3.5M
Net assets
$9.7M
By yearFY2020–FY2024
Revenue
$5.4M
FY2022▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$4.5M
FY2022$5.4M
FY2023$5.5M
FY2024$5.9M
Expenses
$3.5M
FY2022▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$2.6M
FY2022$3.5M
FY2023$4.9M
FY2024$6.8M
Net assets
$9.7M
FY2022▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.0M
FY2021$7.8M
FY2022$9.7M
FY2023$10.2M
FY2024$9.3M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

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

29 people listed on the 990; $931K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$464,427Pt VII · Sec A
Program Operations Manager
$183,088Pt VII · Sec A
Business Operations Manager
$156,616Pt VII · Sec A
Intelligence Officer
$126,372Pt VII · Sec A
Commercial Vehicle Affinity Gr. Chair
$0Pt VII · Sec A
Supplier Affinity Gr. Chair
$0Pt VII · Sec A
Advisory Board Chair
$0Pt VII · Sec A
Affiliate Adv Vice Chair
$0Pt 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.

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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.

Questions for Auto-Isac INC

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Provided by the organization

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1 program · in their own filed words · FY2022
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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.4M
Ln 12
Fees for servicesLn 2g$4.8M
Gifts and grantsLn 1h$570K
Investment incomeLn 3$31K
Money outPt IX
$3.5M
Ln 25
Owns and owesPt X
$9.7M
net assets · Ln 32
Cash and savingsLn 1–2$9.6M
Total assetsLn 16$10.2M
LiabilitiesLn 26$467K
PeoplePt VI, VII
29
listed · VII A
PaidVII A4
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$570K
Government grantsLn 1e$570K
Fees for servicesLn 2g$4.8M
Investment incomeLn 3$31K
Total revenueLn 12$5.4M
Assets in detailPt X, end of year
CashLn 1$502K
SavingsLn 2$9.1M
Cash and savings togetherLn 1–2$9.6M
Total assetsLn 16$10.2M
LiabilitiesLn 26$467K
Net assetsLn 32$9.7M
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 FY22End FY22
Cash and savingsLn 1–2$8.4M$9.6M
Total assetsLn 16$8.8M$10.2M
LiabilitiesLn 26$958K$467K
Net assetsLn 32$7.8M$9.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$698K
Other salaries and wagesLn 7$1.0M
Pension plan contributionsLn 8$58K
Other employee benefitsLn 9$74K
Payroll taxesLn 10$46K
Legal feesLn 11b$109K
Accounting feesLn 11c$54K
Other fees for servicesLn 11g$299K
Advertising and promotionLn 12$964
Office expensesLn 13$19K
Information technologyLn 14$438K
OccupancyLn 16$102K
TravelLn 17$141K
Conferences, conventions and meetingsLn 19$80K
InsuranceLn 23$5K
Other expenses (24a–d)Ln 24$358K
Total functional expensesLn 25$3.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.9M$6.8M−$916K$9.3M 990 PDF
FY2023 $5.5M$4.9M$572K$10.2M 990 PDF
FY2022 Viewing $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 FY2022 990 (6 parts)
Part I · Summary $5,362,073 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $104,710$569,900
I-9 Program service revenuePrior year $4,369,574$4,760,686
I-10 Investment incomePrior year $19,771$31,487
I-11 Other revenuePrior year $1,542$0
I-12 Total revenuePrior year $4,495,597$5,362,073
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 $1,626,849$1,881,632
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $982,674$1,605,283
I-18 Total expensesPrior year $2,609,523$3,486,915
I-19 Revenue less expensesPrior year $1,886,074$1,875,158
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,362,073 across 5 lines filed
VIII-1e Government grants$569,900
VIII-1h Total contributions, gifts and grants$569,900
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,760,686$4,760,686
VIII-3 Investment incomeExcluded from tax $31,487$31,487
VIII-12 Total revenueRelated to mission $4,760,686 · Unrelated business $0 · Excluded from tax $31,487$5,362,073
Part IX · Statement of functional expenses $3,486,915 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$697,751
IX-7 Other salaries and wages$1,005,438
IX-8 Pension plan contributions$57,936
IX-9 Other employee benefits$74,047
IX-10 Payroll taxes$46,460
IX-11b Legal fees$108,587
IX-11c Accounting fees$53,890
IX-11g Other fees for services$299,125
IX-12 Advertising and promotion$964
IX-13 Office expenses$18,698
IX-14 Information technology$437,573
IX-16 Occupancy$101,970
IX-17 Travel$140,563
IX-19 Conferences, conventions and meetings$80,425
IX-23 Insurance$5,118
IX-24 Other expenses (24a–d)$358,370
IX-25 Total functional expenses$3,486,915
Part X · Balance sheet $10,189,877 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $554,255$501,877
X-2 Savings and temporary cash investmentsStart of year $7,886,153$9,100,116
X-4 Accounts receivableStart of year $117,421$251,261
X-9 Prepaid expenses and deferred chargesStart of year $247,987$336,623
X-16 Total assetsStart of year $8,805,816$10,189,877
X-17 Accounts payable and accrued expensesStart of year $263,175$72,849
X-19 Deferred revenueStart of year $455,000$272,500
X-25 Other liabilitiesStart of year $239,899$121,628
X-26 Total liabilitiesStart of year $958,074$466,977
X-27 Net assets without donor restrictionsStart of year $7,847,742$9,722,900
X-32 Total net assets or fund balancesStart of year $7,847,742$9,722,900
X-33 Total liabilities and net assetsStart of year $8,805,816$10,189,877
Part XI · Reconciliation of net assets $9,722,900 net assets at year end
XI-1 Total revenue$5,362,073
XI-2 Total expenses$3,486,915
XI-3 Revenue less expenses$1,875,158
XI-4 Net assets at start of year$7,847,742
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,722,900

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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