Software Assurance Forum For Excellence In Code
- Assets
- $511.1k
- Revenue
- $406.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wakefield, MA
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 20-8978364
Organization Overview
Software Assurance Forum For Excellence In Code is located in Wakefield, MA. The organization was established in 2009. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Software Assurance Forum For Excellence In Code is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Software Assurance Forum For Excellence In Code generated $406.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $291.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INFORM, EDUCATE, AND RAISE AWARENESS REGARDING RELIABILITY, SECURITY, AND INTEGRITY ISSUES RELATED TO SOFTWARE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CENTER OF INDUSTRY EXPERTISE ON SOFTWARE ASSURANCE AND INTEGRITY CONTROLS RELATED TO HARDWARE, SOFTWARE, AND SERVICES AND ITS MISSION INCLUDES WORKING TO IMPROVE PRACTICES WITHIN AND AMONG IT VENDORS AND RAISING AWARENESS AMONG GOVERNMENTS AND CRITICAL INFRASTRUCTURE PROVIDERS AND LARGE ENTERPRISES. SAFECODE FUNCTIONS SHALL INCLUDE BUT NOT BE LIMITED TO: IDENTIFYING AND SHARING KNOWLEDGE REGARDING SOFTWARE DEVELOPMENT AND PRODUCT INTEGRITY BEST PRACTICES, TECHNIQUES AND TOOLS, AS APPROPRIATE; EVANGELIZING AND PROMOTING SECURE DEVELOPMENT METHODS AND INTEGRITY CONTROLS WITHIN AND AMONG TECHNOLOGY PROVIDERS; EDUCATING OWNER AND OPERATORS OF LARGE ENTERPRISES ABOUT THE SOFTWARE DEVELOPMENT METHODS AND INTEGRITY CONTROLS USED IN DESIGNING, DEVELOPING AND DELIVERING IT PRODUCTS AND SERVICES; PROVIDING INFORMATION TECHNOLOGY ASSOCIATIONS WITH TECHNICAL MATERIALS AND GUIDES THAT CAN RAISE AWARENESS ABOUT IT VENDOR EFFORTS AND ENHANCE GOVERNMENT AND ENTERPRISE SECURITY AND RISK MANAGEMENT EFFORTS; DEVELOPING AND RECOMMENDING IMPROVEMENTS IN EDUCATIONAL CURRICULA; IDENTIFYING AND PROMOTING RELEVANT METRICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Baize Chairman | OfficerTrustee | 1.5 | $0 |
Steven Lipner Executive Director | Officer | 6 | $0 |
Mark Cartwright Director | Trustee | 1.5 | $0 |
Souheil Moghnie Director | Trustee | 1.5 | $0 |
Sangeeta Arora Director | Trustee | 1.5 | $0 |
Dr Holger Dreger Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $406,667 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,667 |
| Total Program Service Revenue | $0 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $225,158 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,676 |
| Office expenses | $5,887 |
| Information technology | $8,498 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,779 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $291,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,511 |
| Savings and temporary cash investments | $158,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,829 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,750 |
| Other assets | $0 |
| Total assets | $511,142 |
| Accounts payable and accrued expenses | $25,720 |
| Grants payable | $0 |
| Deferred revenue | $181,666 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207,386 |
| Net assets without donor restrictions | $303,756 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $511,142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Griffiss Institute Inc Rome, NY | $5,351,291 | $13,272,090 |
Scratch Foundation Boston, MA | $12,660,412 | $10,034,461 |
Powermylearning Inc New York, NY | $8,303,195 | $9,294,963 |
Software Freedom Conservancy Inc Brooklyn, NY | $6,623,240 | $4,357,006 |
Owasp Foundation Inc Wakefield, MA | $1,369,843 | $2,158,507 |
New York City Foundation For Computer Science Education New York, NY | $1,500,469 | $2,506,361 |
Participatory Culture Foundation Boston, MA | $1,418,302 | $1,710,892 |
Free Software Foundation Inc Boston, MA | $2,824,546 | $1,875,386 |
Open Source Project For A Network Providence, RI | $716,267 | $982,751 |
Entropy Software Foundation Inc Woodbury, NY | $186,783 | $920,000 |
Ethereum Classic Cooperative Llc New York, NY | $5,145,057 | $5,191,092 |
Software In The Public Interest Inc New York, NY | $3,096,266 | $522,719 |