Civic Intelligence

Software Assurance Forum for Excellence

EIN 20-8978364 • 501(c)3 • Wakefield, MA

Profile

The software assurance forum for excellence in code (safecode) is exclusively dedicated to increasing trust in information and communications technology products and services through the advancement of effective software assurance methods.

401 Edgewater Place 600Wakefield, MA 01880

safecode.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.47x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

56th percentile

0.7%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-30%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$430,251

Up $3,122 (+0.7%) from 2023

Liabilities

Down

$85,366

Down $20,338 (-19%) from 2023

Net Assets

Up

$344,885

Up $23,460 (+7.3%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin67th percentile

Revenue

Down

$182,539

Down $78,895 (-30%) from 2023

Expenses

Down

$159,079

Down $92,812 (-37%) from 2023

Net Income

Up

$23,460

Up $13,917 (+146%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $439,526Liabilities 2011: $89,815Net Assets 2011: $349,7112011Assets 2012: $564,586Liabilities 2012: $166,435Net Assets 2012: $398,1512012Assets 2013: $654,349Liabilities 2013: $231,255Net Assets 2013: $423,0942013Assets 2014: $640,896Liabilities 2014: $227,151Net Assets 2014: $413,7452014Assets 2015: $625,201Liabilities 2015: $238,815Net Assets 2015: $386,3862015Assets 2016: $503,736Liabilities 2016: $230,952Net Assets 2016: $272,7842016Assets 2017: $483,020Liabilities 2017: $254,666Net Assets 2017: $228,3542017Assets 2018: $490,535Liabilities 2018: $384,214Net Assets 2018: $106,3212018Assets 2019: $355,604Liabilities 2019: $176,071Net Assets 2019: $179,5332019Assets 2020: $361,344Liabilities 2020: $172,864Net Assets 2020: $188,4802020Assets 2021: $511,142Liabilities 2021: $207,386Net Assets 2021: $303,7562021Assets 2022: $484,942Liabilities 2022: $123,060Net Assets 2022: $361,8822022Assets 2023: $427,129Liabilities 2023: $105,704Net Assets 2023: $321,4252023Assets 2024: $430,251Liabilities 2024: $85,366Net Assets 2024: $344,8852024

Highlighted filing

2024

Assets$430,251
Liabilities$85,366
Net Assets$344,885
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $366,667Expenses 2011: $246,257Net Income 2011: $120,4102011Expenses 2012: $335,8662012Revenue 2013: $394,450Expenses 2013: $369,507Net Income 2013: $24,9432013Revenue 2014: $454,407Expenses 2014: $463,756Net Income 2014: -$9,3492014Revenue 2015: $498,657Expenses 2015: $526,016Net Income 2015: -$27,3592015Revenue 2016: $492,550Expenses 2016: $606,152Net Income 2016: -$113,6022016Revenue 2017: $426,570Expenses 2017: $471,000Net Income 2017: -$44,4302017Revenue 2018: $295,686Expenses 2018: $417,719Net Income 2018: -$122,0332018Revenue 2019: $477,808Expenses 2019: $404,596Net Income 2019: $73,2122019Revenue 2020: $386,015Expenses 2020: $377,068Net Income 2020: $8,9472020Revenue 2021: $406,699Expenses 2021: $291,423Net Income 2021: $115,2762021Revenue 2022: $353,386Expenses 2022: $295,260Net Income 2022: $58,1262022Revenue 2023: $261,434Expenses 2023: $251,891Net Income 2023: $9,5432023Revenue 2024: $182,539Expenses 2024: $159,079Net Income 2024: $23,4602024

Highlighted filing

2024

Revenue$182,539
Expenses$159,079
Net Income$23,460
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$430,251
Liabilities
$85,366
Net assets
$344,885
Revenue
$182,539
Expenses
$159,079
Net income
$23,460
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.30$0.85$3.45$1.83$1.59$0.23
2023Detailed filing. Detailed filing data is available for this year.$4.27$1.06$3.21$2.61$2.52$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.85$1.23$3.62$3.53$2.95$0.58
2021Detailed filing. Detailed filing data is available for this year.$5.11$2.07$3.04$4.07$2.91$1.15
2020Detailed filing. Detailed filing data is available for this year.$3.61$1.73$1.88$3.86$3.77$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.56$1.76$1.80$4.78$4.05$0.73
2018Detailed filing. Detailed filing data is available for this year.$4.91$3.84$1.06$2.96$4.18$1.22
2017Detailed filing. Detailed filing data is available for this year.$4.83$2.55$2.28$4.27$4.71$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.04$2.31$2.73$4.93$6.06$1.14
2015Detailed filing. Detailed filing data is available for this year.$6.25$2.39$3.86$4.99$5.26$0.27
2014Detailed filing. Detailed filing data is available for this year.$6.41$2.27$4.14$4.54$4.64$0.09
2013Detailed filing. Detailed filing data is available for this year.$6.54$2.31$4.23$3.94$3.70$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$1.66$3.98$3.36
2011Summary only. Only limited summary data is available for this year.$4.40$0.90$3.50$3.67$2.46$1.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$182,539
Mission and Program Overview

Mission

The software assurance forum for excellence in code (safecode) is exclusively dedicated to increasing trust in information and communications technology products and services through the advancement of effective software assurance methods.

To inform, educate, and raise awareness regarding reliability, security, and integrity issues related to software code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$239,382$210,543▼ $28,839
Savings and Temporary Cash Investments$162,872$167,078▲ $4,206
Accounts Receivable$24,167$50,000▲ $25,833
Prepaid Expenses and Deferred Charges$708$2,630▲ $1,922
Total Assets$427,129$430,251▲ $3,122
Liabilities
Deferred Revenue$85,833$73,333▼ $12,500
Accounts Payable and Accrued Expenses$19,871$12,033▼ $7,838
Total Liabilities$105,704$85,366▼ $20,338
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$321,425$344,885▲ $23,460
Total Net Assets Fund Balance$321,425$344,885▲ $23,460
Total Liabilities and Net Assets / Fund Balance$427,129$430,251▲ $3,122
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Eric BaizeChairman
John HeimannDirector
Steven LipnerExecutive Director
Tony RiceTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Virtual INCManagement Services401 EDGEWATER PLACE SUITE 600, Wakefield, MA 01880$366,869
Revenue and Support

Revenue Composition

Contributions and Grants
$178,333
Program Service Revenue
$0
Investment Income
$4,206
Other Revenue
$0
Change in Net Assets
$23,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,079
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$93,600$39,900-$133,500
Advertising$10,424--$10,424
Information Technology$7,430--$7,430
Office Expenses$2,550--$2,550
Fees for Services Accounting-$1,900-$1,900
Travel$1,773--$1,773
Insurance$1,360--$1,360
Fees for Services Legal-$142-$142
Total Functional Expenses$117,137$41,942$0$159,079
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization hired a management company, virtual, inc., to oversee most of the management functions of the organization. The organization's executive director, steven lipner, was compensated $75,000 for his role as executive director.”

Form 990, Part VI, Section A, Line 6

“Safecode membership includes two types of members: charter members and associate members. Charter members are voting members of the organization.”

Form 990, Part VI, Section A, Line 7A

“Each charter member shall appoint one representative or director, to the board.”

Form 990, Part VI, Section A, Line 7B

“Any changes to bylaws must be ratified by the voting members.”

Form 990, Part VI, Section A, Line 8B

“There are no committees. All decisions are made by the entire board of directors.”

Form 990, Part VI, Section B, Line 11B

“A draft copy of the form 990 was provided to the entire board of directors before it was filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually at our autumn board meeting.”

Form 990, Part VI, Section C, Line 19

“Upon request the organization makes its governing documents, conflict of interest policy, financial statements, and tax filings available to the public.”

Filing and Contact Details

Filer

Filer Name
Software Assurance Forum for Excellence
EIN
20-8978364
Phone
7818766287
Address
401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880

Signing Officer

Name
Eric Baize
Title
Chairman
Phone
7818766287
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Lipner
Formed
2007
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Wegner Cpas Llp
Address
419 N LEE STREET, ALEXANDRIA, VA 22314
Preparer
Adam Kuczynski CPA
Phone
7035190990
Raw XML Appendix333 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HIRED A MANAGEMENT COMPANY, VIRTUAL, INC., TO OVERSEE MOST OF THE MANAGEMENT FUNCTIONS OF THE ORGANIZATION. THE ORGANIZATION'S EXECUTIVE DIRECTOR, STEVEN LIPNER, WAS COMPENSATED $75,000 FOR HIS ROLE AS EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SAFECODE MEMBERSHIP INCLUDES TWO TYPES OF MEMBERS: CHARTER MEMBERS AND ASSOCIATE MEMBERS. CHARTER MEMBERS ARE VOTING MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH CHARTER MEMBER SHALL APPOINT ONE REPRESENTATIVE OR DIRECTOR, TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CHANGES TO BYLAWS MUST BE RATIFIED BY THE VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMMITTEES. ALL DECISIONS ARE MADE BY THE ENTIRE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A DRAFT COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT OUR AUTUMN BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON REQUEST THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX FILINGS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0117137
IRS990/TotalFunctionalExpensesGrp/TotalAmt0159079
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105704
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IRS990/TotalLiabilitiesGrp/EOYAmt085366
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0321425
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0344885
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0182539
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TravelGrp/TotalAmt01773
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0401 EDGEWATER PLACE 600
IRS990/USAddress/CityNm0WAKEFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001880
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0SAFECODE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC BAIZE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07818766287
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOFTWARE ASSURANCE FORUM FOR EXCELLENCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0IN CODE
ReturnHeader/Filer/BusinessNameControlTxt0SOFT
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEGNER CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0419 N LEE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALEXANDRIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022314
ReturnHeader/PreparerPersonGrp/PhoneNum07035190990
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM KUCZYNSKI CPA
ReturnHeader/ReturnTs02025-11-12T11:23:44-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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