Fs-Isac Inc

Organization Overview

Fs-Isac Inc is located in Reston, VA. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Fs-Isac Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fs-Isac Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Fs-Isac Inc generated $32.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $37.6m during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP IN FS-ISAC GIVES ORGANIZATIONS EARLY NOTIFICATION OF SECURITY THREATS AND ATTACKS, ANONYMOUS INFORMATION SHARING AMONG THE FINANCIAL SERVICES INDUSTRY, REGULARLY SCHEDULED MEMBER MEETINGS AND BI-WEEKLY CONFERENCE CALLS.


MEMBERS MAY ATTEND VIRTUAL AND/OR IN PERSON CONFERENCES FOUR TIMES PER YEAR WHERE THEY CAN NETWORK AND BRAINSTORM WITH OTHER MEMBERS, AFFILIATES AND SPONSORS IN A WORKGROUP AND SEMINAR SETTING. MEMBERS SHARE BEST PRACTICES IN CYBER SECURITY AS WELL AS PARTICIPATE IN EXERCISES TO IMPROVE RESILIENCY.


REGIONAL EVENTS PROVIDE MEMBERS WITH AN INCREASED AWARENESS OF INDUSTRY RISKS INCLUDING EXPOSURE TO ONLINE ACCOUNT TAKEOVER. INCREASED MEMBERSHIP WILL INCREASE THE ABILITY OF FS-ISAC TO MITIGATE RISKS TO THE GLOBAL FINANCIAL SERVICES INDUSTRY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Elizabeth Gould Healthfield Virtuo
Marketing Consultant
$196,961
Jacob Friedman
Sheltered Harbor
$133,600
Shaun M Brady Center For Model Ba
Cyber Consultant
$165,000
Susan M Rogers Cyberwise Training
Cyber Consultant
$160,990
Richard G Lacafta Jr
Insurance Consultant
$135,300
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,000
Total Program Service Revenue$31,941,669
Investment income $3,554
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $104,637
Net Gain/Loss on Asset Sales -$71,296
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,957,295

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