Civic Intelligence

Auto Isac Inc

990 • Fiscal year 2019 • EIN 47-5237220

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 28, 2020

20 F St NW Ste 700 No 700Washington, DC 20001-6705

(202) 326-5500

Siviq Scores

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

Liabilities / Assets

45th percentile

0.19x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

42nd percentile

0.24x

Higher debt load relative to revenue than 42% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

96th percentile

46%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$465,605

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

98th percentile

88%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

9.5%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,049,160

Up $2,356,784 (+88%) from 2018

Net Assets

Up

$4,102,595

Up $1,841,300 (+81%) from 2018

Liabilities

Up

$946,565

Up $515,484 (+120%) from 2018

Revenue

Up

$4,017,224

Up $350,065 (+9.5%) from 2018

Expenses

Down

$2,175,924

Down $36,803 (-1.7%) from 2018

Net Income

Up

$1,841,300

Up $386,868 (+27%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2016: $1,531,347Liabilities 2016: $1,659,608Net Assets 2016: -$128,2612016Assets 2017: $1,990,081Liabilities 2017: $1,183,217Net Assets 2017: $806,8642017Assets 2018: $2,692,376Liabilities 2018: $431,081Net Assets 2018: $2,261,2952018Assets 2019: $5,049,160Liabilities 2019: $946,565Net Assets 2019: $4,102,5952019Assets 2020: $7,147,568Liabilities 2020: $1,185,900Net Assets 2020: $5,961,6682020Assets 2021: $8,805,816Liabilities 2021: $958,074Net Assets 2021: $7,847,7422021Assets 2022: $10,189,877Liabilities 2022: $466,977Net Assets 2022: $9,722,9002022Assets 2023: $10,858,183Liabilities 2023: $669,401Net Assets 2023: $10,188,7822023Assets 2024: $10,403,067Liabilities 2024: $1,057,820Net Assets 2024: $9,345,2472024

Highlighted filing

2019

Assets$5,049,160
Liabilities$946,565
Net Assets$4,102,595

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,519,000Expenses 2016: $1,647,361Net Income 2016: -$128,3612016Revenue 2017: $2,683,386Expenses 2017: $1,748,261Net Income 2017: $935,1252017Revenue 2018: $3,667,159Expenses 2018: $2,212,727Net Income 2018: $1,454,4322018Revenue 2019: $4,017,224Expenses 2019: $2,175,924Net Income 2019: $1,841,3002019Revenue 2020: $3,692,532Expenses 2020: $1,833,459Net Income 2020: $1,859,0732020Revenue 2021: $4,495,597Expenses 2021: $2,609,523Net Income 2021: $1,886,0742021Revenue 2022: $5,362,073Expenses 2022: $3,486,915Net Income 2022: $1,875,1582022Revenue 2023: $5,477,063Expenses 2023: $4,905,027Net Income 2023: $572,0362023Revenue 2024: $5,898,599Expenses 2024: $6,814,186Net Income 2024: -$915,5872024

Highlighted filing

2019

Revenue$4,017,224
Expenses$2,175,924
Net Income$1,841,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 28, 2020
Return Version
2019v5.1
Gross Receipts
$4,017,224
Mission and Program Overview

Mission

The mission of auto-isac is to serve the global automotive industry as a central point for the analysis and sharing of trusted and timely cyber threat information about existing or potential cyber-related threats and vulnerabilities for the connected vehicle. Our membership includes light- and heavy-duty vehicles, commercial vehicle fleets and carriers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,706,368$3,524,785▲ $1,818,417
Cash and Non-Interest-Bearing Accounts$891,449$1,322,187▲ $430,738
Prepaid Expenses and Deferred Charges$3,426$148,132▲ $144,706
Accounts Receivable$84,333$47,256▼ $37,077
Total Assets$2,692,376$5,049,160▲ $2,356,784
Other Assets Total$6,800$6,800→ $0
Liabilities
Deferred Revenue$200,000$725,000▲ $525,000
Accounts Payable and Accrued Expenses$178,772$153,129▼ $25,643
Other Liabilities$52,309$68,436▲ $16,127
Total Liabilities$431,081$946,565▲ $515,484
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,261,295$4,102,595▲ $1,841,300
Total Net Assets Fund Balance$2,261,295$4,102,595▲ $1,841,300
Total Liabilities and Net Assets / Fund Balance$2,692,376$5,049,160▲ $2,356,784
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Faye FrancyExecutive DirectorFT$257,700$233,795$491,495
Jessica EttsSenior Intel CoordinatorFT$144,000$18,222$162,222
Joshua PosterProgram Operations ManagerFT$147,558$7,355$154,913

Board Members and Trustees

NameTitle
Geoff WoodAffiliate Advisory Board Chair
Jeff MassimillaChairman
Larry HilkeneCommercial Vehicle Affinity Gr. Chair
Bob KasterSupplier Affinity Gr. Chair
Todd LawlessAffiliate Advisory Board Vice Chair
Tom StrickerVice Chairman
Abdallah ShantiDirector
Amy KlinkenbergerDirector
Andreas KlawitterDirector
Brian WeidnerDirector
Derek BenzDirector
Joe AdamsDirector
Magnus JosephsonDirector
Manish MehrotraDirector
Orth HedrickDirector
Randy NitowskiDirector
Roberto RossettiDirector
Scott SmayDirector
Stephanie ThiriezDirector
Yamasaki MasashiDirector
Jenny GilgerSecretary
Mark ChernobyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Booz Allen HamiltonConsulting Services8283 GREENSBORO DRIVE, Mclean, VA 22102$424,216
Mayer BrownLegal Services230 SOUTH LASALLE STREET, Chicago, IL 60604$200,792
The Esp Group INCIt Services100 N PACIFIC COAST HIGHWAY STE, El Segundo, CA 90245$174,777
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,972,806
Investment Income
$43,416
Other Revenue
$1,002
Change in Net Assets
$1,841,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,118,500
Salaries, Compensation, and Employee Benefits$1,057,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$491,495
Fees for Services Other---$413,106
Other Salaries and Wages---$351,876
Information Technology---$326,274
Fees for Services Legal---$157,864
Other Employee Benefits---$135,741
Travel---$96,856
Payroll Taxes---$52,929
Fees for Services Accounting---$42,357
Occupancy---$40,860
Pension Plan Contributions---$25,383
Office Expenses---$23,503
Conferences and Meetings---$8,538
Insurance---$2,832
Advertising---$300
Other Expenses---$10
Total Functional Expenses$0$0$0$2,175,924
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pto Liability$68,436
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
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, Part VI, Section A, Line 6

Membership in auto-isac is open to: 1. Oems: original equipment manufacturers of light duty on-road passenger vehicles in the automotive industry ("passenger vehicle oems") and of heavy duty vehicles in the automotive industry ("trucking oems") 2. Suppliers: automotive industry suppliers that manufacture and sell products or services that provide functionality or capability to vehicles and their operations; and 3. Commercial vehicle companies: entities whose business relies on the use of passenger vehicles or trucks to deliver goods and services where the vehicle has a connected presence in the connected vehicle ecosystem

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

Auto-isac board members with voting rights (primary directors) are equal to the number of the oem members who are "board eligible" per the isac's operating rules), plus the affiliate advisory board chair, affiliate advisory board vice chair, supplier affinity group chair and commercial vehicle affinity group chair. Board-eligible oem members in good standing appoint one representative per member to serve as primary director and one representative to serve as an alternate director. The affiliate advisory board will elect a chair and vice chair who will serve as directors. Each affinity group will elect a chair, who will serve as a director, provided there are at least five members of the affinity group.

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

Provided to board via email and given time to review and provide feedback.

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

We send out the annual conflict of interest (coi) survey to officers and directors, as well as the new membership agreements for signature.

Form 990, Part VI, Section B, Line 15A

The board of directors had an independent contractor to review the salary and compensation of the executive director. The executive director is responsible for the hiring and comparability data for other key employees.

Form 990, Part VI, Section C, Line 19

These documents are available upon request to interested parties.

Filing and Contact Details

Filer

Filer Name
Auto-isac Inc
EIN
47-5237220
Phone
2023265500
Address
20 F ST NW STE 700 NO 700, WASHINGTON, DC 20001-6705

Signing Officer

Name
Faye Francy
Title
Executive Director
Phone
2023265500
Signed
2020-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faye Francy
Formed
2015
Legal Domicile
De
Voting Board Members
22
Independent Board Members
22
Employees
8
Volunteers
22

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW 400, WASHINGTON, DC 20036
Preparer
Sara Smith
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program consulting 327,502. Other professional fees 85,604.

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IRS990/Form990PartVIISectionAGrp/PersonNm24JESSICA ETTS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22348450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23150558
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMMERCIAL VEHICLE AFFINITY GR. CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SUPPLIER AFFINITY GR. CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12AFFILIATE ADVISORY BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21AFFILIATE ADVISORY BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23PROGRAM OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt24SENIOR INTEL COORDINATOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/TotalAmt02832
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01706368
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03524785
IRS990/IRPDocumentCnt04
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd01
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc3TRAINING/EMPLOYEE DEVEL
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PTO LIABILITY
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IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0257700

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