Civic Intelligence

Space Information Sharing and Analysis Center

990 • Fiscal year 2023 • EIN 83-2300382

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

3650 N Nevada AvenueColorado Springs, CO 80907-5344

(888) 573-1725

Siviq Scores

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

Liabilities / Assets

94th percentile

0.77x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.52x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

17th percentile

-8.0%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

44th percentile

$120,552

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,423,286

Down $366,663 (-20%) from 2022

Net Assets

Down

$324,251

Down $167,454 (-34%) from 2022

Liabilities

Down

$1,099,035

Down $199,209 (-15%) from 2022

Revenue

Up

$2,105,657

Up $222,175 (+12%) from 2022

Expenses

Up

$2,273,111

Up $765,605 (+51%) from 2022

Net Income

Down

-$167,454

Down $543,430 (-145%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2020: $507,903Liabilities 2020: $378,016Net Assets 2020: $129,8872020Assets 2021: $374,141Liabilities 2021: $302,229Net Assets 2021: $71,9122021Assets 2022: $1,789,949Liabilities 2022: $1,298,244Net Assets 2022: $491,7052022Assets 2023: $1,423,286Liabilities 2023: $1,099,035Net Assets 2023: $324,2512023Assets 2024: $1,674,554Liabilities 2024: $1,682,390Net Assets 2024: -$7,8362024

Highlighted filing

2023

Assets$1,423,286
Liabilities$1,099,035
Net Assets$324,251

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $527,074Expenses 2020: $568,396Net Income 2020: -$41,3222020Revenue 2021: $755,958Expenses 2021: $741,591Net Income 2021: $14,3672021Revenue 2022: $1,883,482Expenses 2022: $1,507,506Net Income 2022: $375,9762022Revenue 2023: $2,105,657Expenses 2023: $2,273,111Net Income 2023: -$167,4542023Revenue 2024: $1,953,658Expenses 2024: $2,285,745Net Income 2024: -$332,0872024

Highlighted filing

2023

Revenue$2,105,657
Expenses$2,273,111
Net Income-$167,454
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$2,105,657
Mission and Program Overview

Mission

Space isac serves to facilitate collaboration across the global space industry to enhance our ability to prepare for and respond to vulnerabilities, incidents, and threats; (continued on sch o)

Facilitate collaboration across the global space industry to enhance preparation, responses, and communication.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$179,171$584,569▲ $405,398
Cash and Non-Interest-Bearing Accounts$843,789$200,582▼ $643,207
Intangible Assets$82,500--
Prepaid Expenses and Deferred Charges-$50,000-
Accounts Receivable$62,708$27,157▼ $35,551
Total Assets$1,789,949$1,423,286▼ $366,663
Other Assets Total$621,781$560,978▼ $60,803
Liabilities
Other Liabilities$689,281$560,978▼ $128,303
Deferred Revenue$179,208$315,017▲ $135,809
Unsecured Notes Loans Payable$300,000--
Accounts Payable and Accrued Expenses$129,755$223,040▲ $93,285
Total Liabilities$1,298,244$1,099,035▼ $199,209
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$491,705$324,251▼ $167,454
Total Net Assets Fund Balance$491,705$324,251▼ $167,454
Total Liabilities and Net Assets / Fund Balance$1,789,949$1,423,286▼ $366,663

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$584,569$23,060$607,629
Other Assets Org$62,272--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Erin MillerExecutive DiFT$120,552$120,552

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$325,036
Program Service Revenue
$1,780,621
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-167,454

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,105,657
Total Revenue per Audited Statements
$2,105,657
Total Revenue per Form 990
$2,105,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,339,947
Salaries, Compensation, and Employee Benefits$933,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$686,590
Fees for Services Other---$205,605
Fees for Services Management---$155,643
Conferences and Meetings---$147,049
Occupancy---$136,142
Current Officers, Directors, Trustees, and Key Employees---$120,552
Depreciation Depletion---$105,560
Fees for Services Legal---$77,117
Payroll Taxes---$67,589
Advertising---$62,815
Information Technology---$44,447
Other Employee Benefits---$42,378
Travel---$30,856
Fees for Services Accounting---$26,025
Office Expenses---$20,310
Pension Plan Contributions---$16,055
Insurance---$10,272
Other Expenses---$606
Total Functional Expenses$0$0$0$2,273,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,273,111
Total Expenses per Audited Statements$2,273,111
Total Expenses per Form 990$2,273,111
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
Lease Liability - Noncurrent Portion$498,706
Lease Liability - Current Portion$62,272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Page 6, Part VI, Line 3

Delegation of control of management duties: space information sharing and analysis center (sisac) engaged national cyber security (ncs) to provide executive director services (erin miller). Officer compensation reported in form 990, part vii and part ix, reflect the payroll amounts paid by ncc on behalf of sisac. Although ncc provides executive director services through an existing arrangement, the executive director manages sisac at the direction and oversight of the sisac board of directors solely. Beginning in 2024, space isac directly employs the executive director and other staff for the purpose of executing its mission.

Form 990, Page 6, Part VI, Line 6

The member of the corporation shall consist of entities, including space systems manufacturers, suppliers, commercial space companies, and r&d entities, in each case, that are privately or publicly owned or non-profit corporations, in good standing.

Form 990, Page 6, Part VI, Line 7A

The founding member entities appoint the board of directors.

Form 990, Page 6, Part VI, Line 7B

Members elect the board members as well as approve significant decisions of the governing body. Any action required or permitted by the bylaws and the nonprofit act to be taken at a member's meeting may be taken without a meeting if members entitled to vote theron unanimously agree and consent to such action in writing.

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

Upon completion and prior to submission, form 990 will be sent to the treasurer and the board chair for review and final approval.

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

Space isac conflict of interest: each director, officer, and member of a committee with board delegated powers annually signs a statement which affirms that each person: 1) has received a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; 4) understands the organization is tax-exempt and in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. If a conflict of interest arises, the interested person shall recuse himself or herself from engaging in any related space isac activity associated with the proposed transaction or arrangement until the board or other applicable committee has acted on the actual or possible conflict of interest.

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

Compensation is determined after approving an annual budget by the space isac board of directors. The national cybersecurity center, a related organization, is the operational entity and determine the c.e.o, executive director, top management, key employees and officer wages and the allocation of funds for years prior to 2024.

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

Compensation is determined after approving an annual budget by the space isac board of directors. The national cybersecurity center, a related organization, is the operational entity and determines the c.e.o, executive director, top management, key employees and officer wages and the allocation of funds.

Form 990, Page 6, Part VI, Line 19

No document available to the public.

Filing and Contact Details

Filer

Filer Name
Space Information Sharing and
EIN
83-2300382
Phone
8885731725
Address
3650 N NEVADA AVENUE, COLORADO SPRINGS, CO 80907-5344
Doing Business As
Space Isac

Signing Officer

Name
Frank Backes
Title
President
Phone
7192555225
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Backes
Formed
2019
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
20

Preparer

Firm
Mcmillen & Company Pllc
Address
2812 W COLORADO AVE SUITE 200, COLORADO SPRINGS, CO 80904
Preparer
Lane Sw Mcmillen
Phone
7199220064
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Space isac serves to facilitate collaboration across the global space industry to enhance our ability to prepare for and respond to vulnerabilities, incidents, and threats; to disseminate timely and actionable information among member entities; and to serve as the primary communication channel for the sector with respect to this information.

Financial Statement Notes

Schedule D, Page 3, Part X

Space isac qualifies as a tax-exempt organization under section 501(c)(6) of the internal revenue code and, accordingly, is not subject to federal income tax except on net income unrelated to its exempt purpose. Accordingly, no income tax provision has been recorded. Space isac's form 990, return of organization exempt from income tax, is subject to examination by various taxing authorities, generally for three years after the date filed. Management of space isac believes that it does not have any uncertain tax positions that are material to the financial statements.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPACE ISAC QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX EXCEPT ON NET INCOME UNRELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN RECORDED. SPACE ISAC'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT OF SPACE ISAC BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPACE ISAC SERVES TO FACILITATE COLLABORATION ACROSS THE GLOBAL SPACE INDUSTRY TO ENHANCE OUR ABILITY TO PREPARE FOR AND RESPOND TO VULNERABILITIES, INCIDENTS, AND THREATS; TO DISSEMINATE TIMELY AND ACTIONABLE INFORMATION AMONG MEMBER ENTITIES; AND TO SERVE AS THE PRIMARY COMMUNICATION CHANNEL FOR THE SECTOR WITH RESPECT TO THIS INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DELEGATION OF CONTROL OF MANAGEMENT DUTIES: SPACE INFORMATION SHARING AND ANALYSIS CENTER (SISAC) ENGAGED NATIONAL CYBER SECURITY (NCS) TO PROVIDE EXECUTIVE DIRECTOR SERVICES (ERIN MILLER). OFFICER COMPENSATION REPORTED IN FORM 990, PART VII AND PART IX, REFLECT THE PAYROLL AMOUNTS PAID BY NCC ON BEHALF OF SISAC. ALTHOUGH NCC PROVIDES EXECUTIVE DIRECTOR SERVICES THROUGH AN EXISTING ARRANGEMENT, THE EXECUTIVE DIRECTOR MANAGES SISAC AT THE DIRECTION AND OVERSIGHT OF THE SISAC BOARD OF DIRECTORS SOLELY. BEGINNING IN 2024, SPACE ISAC DIRECTLY EMPLOYS THE EXECUTIVE DIRECTOR AND OTHER STAFF FOR THE PURPOSE OF EXECUTING ITS MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBER OF THE CORPORATION SHALL CONSIST OF ENTITIES, INCLUDING SPACE SYSTEMS MANUFACTURERS, SUPPLIERS, COMMERCIAL SPACE COMPANIES, AND R&D ENTITIES, IN EACH CASE, THAT ARE PRIVATELY OR PUBLICLY OWNED OR NON-PROFIT CORPORATIONS, IN GOOD STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDING MEMBER ENTITIES APPOINT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS ELECT THE BOARD MEMBERS AS WELL AS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. ANY ACTION REQUIRED OR PERMITTED BY THE BYLAWS AND THE NONPROFIT ACT TO BE TAKEN AT A MEMBER'S MEETING MAY BE TAKEN WITHOUT A MEETING IF MEMBERS ENTITLED TO VOTE THERON UNANIMOUSLY AGREE AND CONSENT TO SUCH ACTION IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON COMPLETION AND PRIOR TO SUBMISSION, FORM 990 WILL BE SENT TO THE TREASURER AND THE BOARD CHAIR FOR REVIEW AND FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPACE ISAC CONFLICT OF INTEREST: EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT EACH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY; 4) UNDERSTANDS THE ORGANIZATION IS TAX-EXEMPT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF A CONFLICT OF INTEREST ARISES, THE INTERESTED PERSON SHALL RECUSE HIMSELF OR HERSELF FROM ENGAGING IN ANY RELATED SPACE ISAC ACTIVITY ASSOCIATED WITH THE PROPOSED TRANSACTION OR ARRANGEMENT UNTIL THE BOARD OR OTHER APPLICABLE COMMITTEE HAS ACTED ON THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION IS DETERMINED AFTER APPROVING AN ANNUAL BUDGET BY THE SPACE ISAC BOARD OF DIRECTORS. THE NATIONAL CYBERSECURITY CENTER, A RELATED ORGANIZATION, IS THE OPERATIONAL ENTITY AND DETERMINE THE C.E.O, EXECUTIVE DIRECTOR, TOP MANAGEMENT, KEY EMPLOYEES AND OFFICER WAGES AND THE ALLOCATION OF FUNDS FOR YEARS PRIOR TO 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPENSATION IS DETERMINED AFTER APPROVING AN ANNUAL BUDGET BY THE SPACE ISAC BOARD OF DIRECTORS. THE NATIONAL CYBERSECURITY CENTER, A RELATED ORGANIZATION, IS THE OPERATIONAL ENTITY AND DETERMINES THE C.E.O, EXECUTIVE DIRECTOR, TOP MANAGEMENT, KEY EMPLOYEES AND OFFICER WAGES AND THE ALLOCATION OF FUNDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NO DOCUMENT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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