Institute for Security and Technology EIN 47-5677755

Institute for Security and Technology

EIN  47-5677755 Public charity (501(c)(3)) Oakland, CA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/27/26 · see original filing: IRS
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Size
$1–10M
What they do
Connects tech experts and policymakers to address new security challenges.
Leadership
Philip Reiner · CEO · $325K
Money in and out
$3.6M revenue, $4.4M expenses
Bottom line
87% program efficiency

Connects tech experts and policymakers to address new security challenges. For fiscal year 2024 it reported $3.6M in revenue, $4.4M in expenses, and $4.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$849K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.09 Fundraising $0.04
Program efficiency
87%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate▼ -49% vs prior filing year
Surplus margin
-24%
revenue over expenses, this year▼ -148% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.6M
FY2024▼ -25%
Expenses
$4.4M
FY2024▲ +81%
Total assets
$4.6M
FY2024▼ -12%
Total liabilities
$237K
FY2024▲ ×100
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$849K
Total assetsPt X · Ln 16$4.6M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $3.9M of program spending, described in the organization's own filed words · FY2024.
01

Future of Digital Security (internet Security)

Continued work with a coalition of industry and government partners to mitigate the threat posed by ransomware and other ecosystem wide cybersecurity threats. This pillar of thematic work is named 'future of digital SECURITY.'INNOVATION and catastrophic risk (catalink and nuclear weapons): technical solution to reduce nuclear risk by…

$3.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInstitute for Security and Technology
EINHdr · item D47-5677755
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jwww.securityandtechnology.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U05)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$324,624Pt VII · Sec A
Chief Strategy Officer
$260,290Pt VII · Sec A
Chief Trust Officer
$229,830Pt VII · Sec A
Fractional SVP for Technology Trust, Safety, and
$167,749Pt VII · Sec A
Director of Development and Partnerships
$128,750Pt VII · Sec A
Executive in Residence for Public Safety & Resilie
$111,667Pt VII · Sec A
Senior Director for International Cyber Engagement
$107,308Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Philip Reiner’s $325K as CEO is at the 89th percentile of top reported officer pay among 361 $1–10M 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Philip Reiner$324,624$265,153$206,201$173,549$128,457
Megan Stifel$260,290$244,908$213,684
Steven Kelly$229,830
Eric Davis$167,749
Emma Hollingsworth$128,750
Joshua Corman$111,667
Elizabeth Vish$107,308

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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Statement of Revenue

Part VIII
Contributions & grants$3.3M · 91%
Investment income$168K · 5%
Program service revenue$140K · 4%
Contributions & grants91%$3.3M
Investment income5%$168K
Program service revenue4%$140K
Other revenue$10K
— government grantsLn 1e$691K
Total revenueLn 12$3.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.09 Fundraising $0.04
Program services87%$3.9M
Management & general9%$402K
Fundraising4%$180K
Total functional expensesLn 25$4.4M

Balance Sheet

Part X · end of year
CashLn 1$3.9M
Total assetsLn 16$4.6M
Total liabilitiesLn 26$237K
Total net assetsLn 32$4.4M
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.9M · Operating expenses/yr $4.4M
10.5 months
Where the money goes
Program services
Program services $3.9M · Total expenses $4.4M
87%
Management & General
Management & general $402K · Total expenses $4.4M
9%
Fundraising
Fundraising $180K · Total expenses $4.4M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $204K · Solicited contributions (3-yr avg) $3.7M
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.3M · Total revenue $3.6M
91%
Government reliance
Government grants $691K · Total revenue $3.6M
19%
Earned-income share
Program service revenue $140K · Total revenue $3.6M
4%
Investment reliance
Investment income $168K · Total revenue $3.6M
+5%
Program self-sufficiency
Program service revenue $140K · Total expenses $4.4M
3%
Growth & trend
Revenue growth (YoY)
This year $3.6M · Prior year $4.8M
-25%
Revenue CAGR
FY2020 $692K · FY2024 $3.6M
+51%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.6M · Expenses $4.4M
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $4.6M
Net-asset ratio
Net assets $4.4M · Total assets $4.6M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.6M
0%
People & payroll
Highest Reported Total Compensation
Individual Philip Reiner · Reported title CEO · Highest reported compensation $325K · Total expenses $4.4M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.8M · Total expenses $4.4M
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 9%
Fundraising cost ratio 5%
Revenue growth -25%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 5 grants · $1.4M · 2020–2024
Metaculus INCFY2024$455,000
Ukraine Defense Fund INCCA · FY2022$657,738

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.6M revenue · viewing · ⤓ 990 PDF
FY2023$4.8M revenue · ⤓ 990 PDF
FY2022$4.4M revenue · ⤓ 990 PDF
FY2021$1.5M revenue · ⤓ 990 PDF
FY2020$692K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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