Asis Foundation Inc
- Assets
- $1.5m
- Revenue
- $256.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 03/1967
- Data as of
- 06/2022
- EIN
- 52-0848090
Organization Overview
Asis Foundation Inc is located in Alexandria, VA. The organization was established in 1967. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asis Foundation Inc 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 06/2022, Asis Foundation Inc generated $256.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $376.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESEARCH AND EDUCATION SCHOLARSHIPS FOR GLOBAL SECURITY PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS - PROVIDE SCHOLARSHIP AWARDS FOR INDIVIDUALS PURSUING DEGREES AND/OR CERTIFICATIONS IN SECURITY.
EVIDENCE - BASED RESEARCH FOR THE SECURITY INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter O'neil Fasae Cae CEO | Officer | 1 | $0 |
Linda Denicola CFO | Officer | 1 | $0 |
Beth Mcfarland Pierce Cae Foundation Director | Officer | 45 | $0 |
Maria Teresa Septien Cpp Chair | OfficerTrustee | 1 | $0 |
Brian J Allen ESQ Cpp Past Chair | OfficerTrustee | 1 | $0 |
Cy A Oatridge Cpp Past Chair (to Nov '21) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,618 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,528 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,146 |
| Total Program Service Revenue | $0 |
| Investment income | $62,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,860 |
| Net Income from Fundraising Events | -$3,761 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $80,992 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,037 |
| Compensation of current officers, directors, key employees. | $15,527 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,774 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,380 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,460 |
| Fees for services: Other | $89,844 |
| Advertising and promotion | $58 |
| Office expenses | $598 |
| Information technology | $6,429 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,027 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $376,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,677 |
| Pledges and grants receivable | $499 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $282 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,453,222 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,518,680 |
| Accounts payable and accrued expenses | $5,535 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| 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 | $183,279 |
| Total liabilities | $191,814 |
| Net assets without donor restrictions | $877,905 |
| Net assets with donor restrictions | $448,961 |
| 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 | $1,518,680 |