Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2025.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990.
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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
- Loans to or from officersSch L · Pt II6 listed
Programs and updates
Educates on improving blockchain application security and reliability through events and materials.
Questions for Defi First Improving Code Security
Your first name shows with your question. Defi First Improving Code Security answers here, for everyone.
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Defi security summit is an annual educational conference that brings together experts and practitioners to share knowledge about safeguarding public interests in decentralized application on top of blockchain technology.
Monthly educational webinars provide free public instruction on critical security practices, risk management, and consumer protection in defi systems. These webinars are publicly available on youtube and are advertised on X.COM and telegram.
Defi security 101 is a one-day intensive course specifically designed for developers who wish to deepen their understanding of WEB3 security.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $48K | |
| InvestmentsLn 11–13 | $0 | |
| Total assetsLn 16 | $0 | $71K |
| LiabilitiesLn 26 | $0 | $291K |
| Net assetsLn 32 | $0 | −$220K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $0 | $0 | $0 | $0 |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $0 | $0 | $0 | $0 |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $0 | |||
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $26K | $26K | ||
| Accounting feesLn 11c | $8K | $8K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $854 | $854 | ||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $0 | |||
| TravelLn 17 | $6K | $6K | ||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $489K | $489K | ||
| InterestLn 20 | $11K | $11K | ||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $0 | |||
| Other expenses (24a–d)Ln 24 | $10K | $10K | ||
| Total functional expensesLn 25 | $552K | $491K | $62K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $408K | $552K | −$144K | −$220K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $407,953 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 3 to look at
Part VIII · Statement of revenue $407,953 across 9 lines filed
Part IX · Statement of functional expenses $552,384 across 30 lines filed
Part X · Balance sheet $71,425 assets, 21 lines filed
Part XI · Reconciliation of net assets −$220,052 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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