THE OWASP FOUNDATION INC

EIN: 200963503 501(c)(3) Science & Technology

WILMINGTON, DE

Total Revenue
$4,340,593
Total Expenses
$3,604,677
Total Assets
$2,718,693
Net Assets
$2,440,852
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MD
Principal Officer
ANDREW VAN DER STOCK
Phone
5106979315
Tax Period
2024-01-01 to 2024-12-31

THE OWASP FOUNDATION INC, founded in 2004, is a community nonprofit in the Science & Technology sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $736K, a strong 17% operating margin.

Mission

TO BE THE GLOBAL COMMUNITY THAT POWERS SECURE SOFTWARE THROUGH EDUCATION, TOOLS, AND COLLABORATION.

Program Service Accomplishments

Program 1
Expenses: $2,815,979 Revenue: $3,250,600

THE OWASP FOUNDATION IS A NONPROFIT ORGANIZATION THAT SPANS OVER 130 COUNTRIES GLOBALLY. WITH A COMMUNITY OF 65,000+ PARTICIPANTS AND 6500 DUES PAYING MEMBERS, WE ARE THE LARGEST APPLICATION SECURITY...

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THE OWASP FOUNDATION IS A NONPROFIT ORGANIZATION THAT SPANS OVER 130 COUNTRIES GLOBALLY. WITH A COMMUNITY OF 65,000+ PARTICIPANTS AND 6500 DUES PAYING MEMBERS, WE ARE THE LARGEST APPLICATION SECURITY COMMUNITY IN THE WORLD. OWASP IS ENTIRELY FUNDED THROUGH THE GENEROUS DONATIONS OF OUR SUPPORTERS, CORPORATE AND INDIVIDUAL MEMBERS, AND THE PROCEEDS OF OUR CONFERENCE EVENTS. OVER THE PAST YEAR OWASP HAS GROWN TO 270+ ACTIVE CHAPTERS OPEN-SOURCE PROJECTS & TOOLS WORLDWIDE. OUR CONFERENCES HAD MORE THAN 650 PHYSICAL AND ABOVE 1000 VIRTUAL ATTENDEES. ADDITIONALLY, OUR 130+ OPEN-SOURCE PROJECTS AND TECHNICAL MATERIALS CONTINUE TO BE DEVELOPED.COMMUNITY OUTREACH AND INTERNATIONAL EDUCATION - OVER THE PAST YEAR OWASP HAS GROWN TO OVER 6500 DUES PAYING MEMBERS AND IS NOW REPRESENTED BY OVER 270 CHAPTERS IN 130 DIFFERENT COUNTRIES AROUND THE WORLD. WE HAVE REACHED NEARLY 3,000 DEVELOPERS AND SECURITY PROFESSIONALS THROUGH OUR VIRTUAL GLOBAL APPLICATION SECURITY CONFERENCES THAT PROVIDE TRAINING AND SIGNIFICANT HANDS-ON EXPERIENCE WITH APPLICATION SECURITY AND OUR OPEN-SOURCE PROJECTS.ONE OF THE STRENGTHS OF OUR ORGANIZATION IS THE DIVERSITY OF OUR COMMUNITY. THE FOUNDATION STRIVES TO EXPAND THIS DIVERSE KNOWLEDGE, PROVIDING OPPORTUNITIES FOR INTERNATIONAL COLLABORATION, EDUCATION, AND PROBLEM SOLVING. TEAMS OF VOLUNTEERS WORK TO DEVELOP MULTI-DAY EVENTS. DYNAMIC SPEAKERS, WORLD RENOWNED TRAINERS, INDUSTRY LEADERS, AND RESEARCH PIONEERS GATHER TO SHARE INFORMATION. AROUND THE WORLD, APPSEC DAYS EVENT ORGANIZERS WORKED TO BRING THE MISSION AND VISION OF OWASP BY HOLDING FREE AND PAID VIRTUAL TRAININGS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,086,118
Program Service Revenue $3,250,600
Investment Income $0
Other Revenue $3,875
TOTAL REVENUE $4,340,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $958,803
Fundraising Expenses $171,452
Program Expenses $2,815,979
Other Expenses $2,645,874
TOTAL EXPENSES $3,604,677

Year-over-Year Comparison

2024 2023 Change
Revenue $4,340,593 $3,205,829 +0.4%
Expenses $3,604,677 $3,450,153 +0.0%
Net Income $735,916 $-244,324 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
7
Employees
10
Volunteers
5500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$133,728
Total Directors
8
$133,728
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW VAN DER STOCK EXECUTIVE DIRECTOR 40.00
Officer Director
$133,728 $0 $133,728
AVI DOUGLEN CHAIRPERSON 1.25
Officer Director
$0 $0 $0
MATT TESAURO VICE CHAIRPERSON 1.25
Officer Director
$0 $0 $0
BIL CORRY TREASURER 1.25
Officer Director
$0 $0 $0
RICARDO GRIFFITH SECRETARY 1.25
Officer Director
$0 $0 $0
KEVIN JOHNSON MEMBER AT LARGE 1.25
Director
$0 $0 $0
STEVE SPRINGETT MEMBER AT LARGE 1.25
Director
$0 $0 $0
SAM STEPANYAN MEMBER AT LARGE 1.25
Director
$0 $0 $0
KELLY SANTALUCIA DIRECTOR OF EVENTS AND COR 40.00
Highest
$119,485 $0 $119,485
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,340,593 $3,604,677 $2,718,693 $735,916
2023 $3,205,829 $3,450,153 $1,807,957 $-244,324
2022 $2,913,675 $2,238,979 $2,818,954 $674,696
2022 $3,036,626 $2,238,974 $2,818,954 $797,652
2021 $1,627,707 $1,430,495 $1,669,244 $197,212
2020 $2,158,507 $2,253,928 $1,369,843 $-95,421
2019 $3,549,885 $3,458,357 $1,818,320 $91,528
2018 $3,496,708 $3,454,965 $1,464,396 $41,743
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