Civic Intelligence

Analysis and Resilience Center for Systemic Risk Inc

EIN 85-2311247 • 501(c)6 • Arlington, VA

Profile

To protect the economic and national security of the united states by mitigating systemic risk to the nation's most critical infrastructure from existing and emerging threats.

1100 N Glebe Rd 640Arlington, VA 22201-5721

systemicrisk.org

Siviq Scores

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

Liabilities / Assets

95th percentile

0.86x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.99x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

22nd percentile

-4.0%

Higher net margin than 22% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

100th percentile

$2,986,523

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 27.9% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

4th percentile

-18%

Faster asset growth than 4% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

13%

Faster revenue growth than 71% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,340,861

Down $2,638,838 (-18%) from 2023

Liabilities

Down

$10,615,951

Down $2,214,011 (-17%) from 2023

Net Assets

Down

$1,724,910

Down $424,827 (-20%) from 2023

Revenue

Up

$10,691,388

Up $1,263,513 (+13%) from 2023

Expenses

Up

$11,116,215

Up $1,184,194 (+12%) from 2023

Net Income

Up

-$424,827

Up $79,319 (+16%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2020: $5,500,120Liabilities 2020: $4,207,730Net Assets 2020: $1,292,3902020Assets 2021: $11,004,408Liabilities 2021: $8,807,049Net Assets 2021: $2,197,3592021Assets 2022: $15,112,873Liabilities 2022: $12,458,990Net Assets 2022: $2,653,8832022Assets 2023: $14,979,699Liabilities 2023: $12,829,962Net Assets 2023: $2,149,7372023Assets 2024: $12,340,861Liabilities 2024: $10,615,951Net Assets 2024: $1,724,9102024

Highlighted filing

2024

Assets$12,340,861
Liabilities$10,615,951
Net Assets$1,724,910

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2020: $4,272,100Expenses 2020: $2,979,710Net Income 2020: $1,292,3902020Revenue 2021: $11,753,500Expenses 2021: $10,848,531Net Income 2021: $904,9692021Revenue 2022: $11,699,530Expenses 2022: $11,243,006Net Income 2022: $456,5242022Revenue 2023: $9,427,875Expenses 2023: $9,932,021Net Income 2023: -$504,1462023Revenue 2024: $10,691,388Expenses 2024: $11,116,215Net Income 2024: -$424,8272024

Highlighted filing

2024

Revenue$10,691,388
Expenses$11,116,215
Net Income-$424,827

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$10,691,388
Mission and Program Overview

Mission

To protect the economic and national security of the united states by mitigating systemic risk to the nation's most critical infrastructure from existing and emerging threats.

Arc's mission is to enhance the resilience of critical infrastructure by fostering collaboration among industry experts to address systemic risks within and across sectors. Through coordination with the financial sector and government partners, arc is dedicated to leading the charge in systemic risk resilience that ensures the continued prosperity of our economy and nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,001,820$11,292,584▲ $290,764
Land, Buildings, and Equipment, Net$664,558$274,887▼ $389,671
Prepaid Expenses and Deferred Charges$188,516$243,753▲ $55,237
Accounts Receivable-$120,230-
Total Assets$14,979,699$12,340,861▼ $2,638,838
Other Assets Total$3,124,805$409,407▼ $2,715,398
Liabilities
Deferred Revenue$5,961,350$7,156,000▲ $1,194,650
Accounts Payable and Accrued Expenses$3,093,359$2,962,404▼ $130,955
Other Liabilities$3,775,253$497,547▼ $3,277,706
Total Liabilities$12,829,962$10,615,951▼ $2,214,011
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,149,737$1,724,910▼ $424,827
Total Net Assets Fund Balance$2,149,737$1,724,910▼ $424,827
Total Liabilities and Net Assets / Fund Balance$14,979,699$12,340,861▼ $2,638,838

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$107,159$904,410$1,011,569
Equipment$117,575$591,913$709,488
Other Land Buildings$50,153$487,732$537,885
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott DepasqualeSecretary and President/CEOFT$732,524$2,253,999$2,986,523
David SullivanChief Risk OfficerFT$495,199$377,989$873,188
Wayne GreeneChief Information OfficerFT$398,589$229,828$628,417
Jonathan FormanSenior Director of Financial ServicesFT$286,955$20,403$307,358
Jonathan FormanSenior Director of Financial Service-$186,955$120,403$307,358
Indre ConnersDirector of Finance and AdminFT$186,843$112,483$299,326
Richard HochChief Intelligence OfficerFT$235,160$14,507$249,667
Jennifer EwbankMember-$40,000-$40,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Oliver Wyman LLCProject Related Services99 HIGH STREET, Boston, MA 02110$1,157,963
Womble Bond Dickinson LLPLegal Services470 ATLANTIC AVENUE SUITE 600, Boston, MA 02110$120,580
Korn FerryPlacement Services1700 K ST NW SUITE 700, Washington, DC 20006$120,322
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,420,600
Investment Income
$270,788
Other Revenue
$0
Change in Net Assets
$-424,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,691,388
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,691,388
Total Revenue per Form 990
$10,691,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,043,618
Other Expenses$4,072,597
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,514,833
Current Officers, Directors, Trustees, and Key Employees---$3,009,047
Fees for Services Other---$1,393,729
Occupancy---$656,228
Depreciation Depletion---$425,617
Payroll Taxes---$254,638
Information Technology---$188,161
Office Expenses---$173,801
Travel---$158,191
Fees for Services Legal---$141,533
Pension Plan Contributions---$132,912
Other Employee Benefits---$132,188
Fees for Services Accounting---$117,533
Insurance---$47,797
Other Expenses---$46,786
Advertising---$2,097
Total Functional Expenses$0$0$0$11,116,215

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,116,215
Total Expenses per Audited Statements$11,116,215
Total Expenses per Form 990$11,116,215
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Operating Lease Liability$497,547
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
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 is open to companies that, on their own or through an affiliate, (i) qualify as an organization that owns, operates, or otherwise controls critical infrastructure for which a disruption or malfunction could cause nationally significant and cascading negative impacts to national or economic security, contemplated by national security memorandum on critical infrastructure security and resilience (nsm-22), (ii) is accepted for membership by the corporation and executes a membership participation agreement with the corporation; and (iii) pay, on a timely basis, any applicable membership dues. Arc with the approval of the arc board of directors can admit additional member companies in critical infrastructure sectors to membership eligibility. Currently, arc members comprise of financial sector companies recognized by the u.s. Government as part of the critical infrastructure sectors.

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

Member companies of arc, in additional to participating in arc's cybersecurity activities in support of this nation's most critical financial sector infrastructure and in coordination with u.s. Government agencies, are also eligible to elect members of arc's board of directors, as provided in the bylaws.

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

The form 990 is provided to the director of finance and ceo for review of accuracy of data presented on the form before filing.

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

Arc's conflict of interest policy applies to employees and board members with signficant decision-making authority. This policy also seeks to ensure the company's honesty and integrity, and therefore its reputation, are not compromised. All employees must avoid any relationships or activities that might impair, or event appear to impair, their ability to make objective and fair decisions when performing their jobs. It is each employee and board member's responsiblity to report any actual or potential conflict of interest that may exist between them (and/or their immediate family) and the company to their supervisors.

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

The organization utilized an independent consultant, vault consulting, llc, to evaluate executive compensation within the makret for comparable sized not for profits. Also the executive committee of the board reviews and approves executive compensation.

Form 990, Part VI, Section C, Line 19

Arc does not make financial statements, governing documents and its conflict-of-interest policy available.

Filing and Contact Details

Filer

Filer Name
Analysis and Resilience Center for
EIN
85-2311247
Phone
5717779411
Address
1100 N GLEBE RD 640, ARLINGTON, VA 22201-5721

Signing Officer

Name
Scott Depasquale
Title
President & CEO
Phone
5717719411
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Depasquale
Formed
2020
Legal Domicile
De
Voting Board Members
12
Independent Board Members
11
Employees
21
Volunteers
11

Preparer

Firm
Cliftonlarsonallen Llp
Address
950 NORTH GLEBE ROAD SUITE 1200, ARLINGTON, VA 22203
Preparer
Robert Williams
Phone
5712279500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services and consultants 1,258,094. Special projects 24,313. Marketing and design 72,000. Human resources 39,322.

Raw XML AppendixShowing 400 of 543 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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IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF INTELLIGENCE OFFICER
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF FINANCE AND ADMIN
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IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
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