Civic Intelligence

Security B-Sides

990 • Fiscal year 2017 • EIN 27-1830464

Jan 01, 2017 to Dec 31, 2017 • Filed on May 07, 2018

548 Market Street Rm/Ste 22241San Francisco, CA 94104-5401

(415) 625-3774

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

93rd percentile

123%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

118%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$231,074

Up $127,592 (+123%) from 2016

Net Assets

Up

$230,491

Up $133,900 (+139%) from 2016

Liabilities

Down

$583

Down $6,308 (-92%) from 2016

Revenue

Up

$276,634

Up $149,473 (+118%) from 2016

Expenses

Up

$142,734

Up $90,497 (+173%) from 2016

Net Income

Up

$133,900

Up $58,976 (+79%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2016: $103,482Liabilities 2016: $6,891Net Assets 2016: $96,5912016Assets 2017: $231,074Liabilities 2017: $583Net Assets 2017: $230,4912017Assets 2018: $290,363Liabilities 2018: $0Net Assets 2018: $290,3632018Assets 2019: $523,353Liabilities 2019: $24,973Net Assets 2019: $498,3802019Assets 2020: $290,813Liabilities 2020: $3,554Net Assets 2020: $287,2592020Assets 2021: $772,003Liabilities 2021: $3,025Net Assets 2021: $768,9782021Assets 2022: $558,222Liabilities 2022: $3,103Net Assets 2022: $555,1192022Assets 2023: $492,904Liabilities 2023: $4,009Net Assets 2023: $488,8952023Assets 2024: $700,142Liabilities 2024: $7,799Net Assets 2024: $692,3432024

Highlighted filing

2017

Assets$231,074
Liabilities$583
Net Assets$230,491

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $127,161Expenses 2016: $52,237Net Income 2016: $74,9242016Revenue 2017: $276,634Expenses 2017: $142,734Net Income 2017: $133,9002017Revenue 2018: $429,447Expenses 2018: $369,575Net Income 2018: $59,8722018Revenue 2019: $605,017Expenses 2019: $397,000Net Income 2019: $208,0172019Revenue 2020: $281,089Expenses 2020: $492,210Net Income 2020: -$211,1212020Revenue 2021: $535,929Expenses 2021: $54,210Net Income 2021: $481,7192021Revenue 2022: $376,722Expenses 2022: $590,581Net Income 2022: -$213,8592022Revenue 2023: $618,449Expenses 2023: $684,673Net Income 2023: -$66,2242023Revenue 2024: $1,023,326Expenses 2024: $819,878Net Income 2024: $203,4482024

Highlighted filing

2017

Revenue$276,634
Expenses$142,734
Net Income$133,900
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 7, 2018
Return Version
2017v2.3
Gross Receipts
$276,634
Mission and Program Overview

Mission

Advance the body of information security knowledge by providing an annual open forum for discussion, learning, and debate for security engineers and their affiliates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,829$168,673▲ $90,844
Accounts Receivable$23,252$60,000▲ $36,748
Savings and Temporary Cash Investments$2,401$2,401→ $0
Total Assets$103,482$231,074▲ $127,592
Liabilities
Accounts Payable and Accrued Expenses$6,891$583▼ $6,308
Total Liabilities$6,891$583▼ $6,308
Net Assets / Fund Balance
Unrestricted Net Assets$96,591$230,491▲ $133,900
Total Net Assets Fund Balance$96,591$230,491▲ $133,900
Total Liabilities and Net Assets / Fund Balance$103,482$231,074▲ $127,592
Compensation and Service Providers

Board Members and Trustees

NameTitle
Reed LodenPresident
David MortmanDirector
Jack DanielDirector
Tania McclainDirector
William BengstonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$220,140
Program Service Revenue
$56,493
Investment Income
$1
Other Revenue
$0
All Other Contributions
$220,140
Change in Net Assets
$133,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,734
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
Occupancy$74,643--$74,643
Conferences and Meetings$28,278--$28,278
Office Expenses$20,649$95-$20,744
Fees for Services Legal-$5,617-$5,617
Fees for Services Accounting$3,450$1,694-$5,144
Information Technology-$4,873-$4,873
Fees for Services Other$2,100--$2,100
Insurance$611--$611
Travel$461--$461
Advertising$135--$135
Other Expenses$300$-172-$128
Total Functional Expenses$130,627$12,107$0$142,734
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James Mcclain Bidwell DesignFamily-tmcclainT-shirts, SignageNo$20,499
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A complete copy of the 990 with all schedules is delivered to all board members and officers in pdf format a week prior to filing.

Form 990, Page 6, Part VI, Line 12C

The bylaws of the organization include a conflict of interest clause as follows: the purpose of the conflict of interest policy is to protect this tax-exempt organization's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the organization or might result in a possible excess benefit transaction. Board members and officers have a duty to disclose any actual or possible conflict of interest for the deliberation of the other board members prior to proceeding.

Form 990, Page 6, Part VI, Line 15A

At this time, the board members of security b-sides handle all management of the organization without compensation. There are no paid management officials or other employees of the organization. If there were, the board of directors would decide the salary and benefits based on compensation of executive directors of organizations of similar size, field, and location to security b-sides.

Form 990, Page 6, Part VI, Line 19

Security b-sides governing documents are currently available to anyone upon request.

Filing and Contact Details

Filer

Filer Name
Security B-sides
EIN
27-1830464
Phone
4156253774
Address
548 MARKET STREET RM/STE 22241, SAN FRANCISCO, CA 94104-5401

Signing Officer

Name
Reed Loden
Title
President
Phone
4156253774
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reed Loden
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
200

Preparer

Firm
Marjtax Incorporated
Address
3542 FRUITVALE AVE, OAKLAND, CA 94602-2327
Preparer
Marjorie Williams-jones
Phone
5104826204
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

As a community-driven event (done for and by the community), without the work of volunteers, the event would not be possible. The organizers (all volunteers as well) have worked hard to build a fun and exciting agenda. In order to execute this event and make it successful, we rely on volunteers to help with the tasks on the two days of the event which include, but are not limited to: registration / information, audio / visual, room moderators / security, speaker wrangling, and top secret undercover missions.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS A COMMUNITY-DRIVEN EVENT (DONE FOR AND BY THE COMMUNITY), WITHOUT THE WORK OF VOLUNTEERS, THE EVENT WOULD NOT BE POSSIBLE. THE ORGANIZERS (ALL VOLUNTEERS AS WELL) HAVE WORKED HARD TO BUILD A FUN AND EXCITING AGENDA. IN ORDER TO EXECUTE THIS EVENT AND MAKE IT SUCCESSFUL, WE RELY ON VOLUNTEERS TO HELP WITH THE TASKS ON THE TWO DAYS OF THE EVENT WHICH INCLUDE, BUT ARE NOT LIMITED TO: REGISTRATION / INFORMATION, AUDIO / VISUAL, ROOM MODERATORS / SECURITY, SPEAKER WRANGLING, AND TOP SECRET UNDERCOVER MISSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE 990 WITH ALL SCHEDULES IS DELIVERED TO ALL BOARD MEMBERS AND OFFICERS IN PDF FORMAT A WEEK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BYLAWS OF THE ORGANIZATION INCLUDE A CONFLICT OF INTEREST CLAUSE AS FOLLOWS: THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THIS TAX-EXEMPT ORGANIZATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. BOARD MEMBERS AND OFFICERS HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST FOR THE DELIBERATION OF THE OTHER BOARD MEMBERS PRIOR TO PROCEEDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THIS TIME, THE BOARD MEMBERS OF SECURITY B-SIDES HANDLE ALL MANAGEMENT OF THE ORGANIZATION WITHOUT COMPENSATION. THERE ARE NO PAID MANAGEMENT OFFICIALS OR OTHER EMPLOYEES OF THE ORGANIZATION. IF THERE WERE, THE BOARD OF DIRECTORS WOULD DECIDE THE SALARY AND BENEFITS BASED ON COMPENSATION OF EXECUTIVE DIRECTORS OF ORGANIZATIONS OF SIMILAR SIZE, FIELD, AND LOCATION TO SECURITY B-SIDES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECURITY B-SIDES GOVERNING DOCUMENTS ARE CURRENTLY AVAILABLE TO ANYONE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0103482
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IRS990/TotalContributionsAmt0220140
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012107
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130627
IRS990/TotalFunctionalExpensesGrp/TotalAmt0142734
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06891
IRS990/TotalLiabilitiesEOYAmt0583
IRS990/TotalLiabilitiesGrp/BOYAmt06891
IRS990/TotalLiabilitiesGrp/EOYAmt0583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt096591
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230491
IRS990/TotalProgramServiceExpensesAmt0130627
IRS990/TotalProgramServiceRevenueAmt056493
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056493
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0276634
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103482
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0231074
IRS990/TravelGrp/ProgramServicesAmt0461
IRS990/TravelGrp/TotalAmt0461
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt096591
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0230491
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0548 MARKET ST 22241
IRS990/USAddress/CityNm0SAN FRANCISCO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094104
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTPS://BSIDESSF.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REED LODEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04156253774
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECURITY B-SIDES
ReturnHeader/Filer/BusinessNameControlTxt0SECU
ReturnHeader/Filer/EIN0271830464
ReturnHeader/Filer/PhoneNum04156253774
ReturnHeader/Filer/USAddress/AddressLine1Txt0548 MARKET STREET RM/STE 22241
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0941045401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C9F1254338109C794B4EB586062621BC285657FD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C9F1254338109C794B4EB586062621BC285657FD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.218.101.188
ReturnHeader/FilingSecurityInformation/IPDt02018-05-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:55:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454570537
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARJTAX INCORPORATED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03542 FRUITVALE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0946022327
ReturnHeader/PreparerPersonGrp/PhoneNum05104826204
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARJORIE WILLIAMS-JONES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-07T11:55:10-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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