INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION INC

EIN: 237067291

SCHAUMBURG, IL

Total Revenue
$104,828,128
Total Expenses
$114,788,801
Total Assets
$151,633,411
Net Assets
$96,651,537
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Organization Details

Formation Year
1969
Legal Domicile
CA
Phone
8472531545
Tax Period
2023-01-01 to 2023-12-31

INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION INC, founded in 1969, is a major nonprofit that reported $104.8M in total revenue in fiscal year 2023.

Mission

Information Systems Audit and Control Association (ISACA) serves individuals and enterprises by being a leading global provider of knowledge, certifications, community, advocacy and education on information systems assurance and security, governance, risk, privacy, and other related digital trust topics. Founded in 1969, ISACA sponsors international conferences, publishes the ISACA Journal, conducts and publishes research, provides benefits globally to more than 180,000 members in more than 185 countries and develops international information systems auditing and control standards. ISACA also administers the globally respected Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC), Certified Data Privacy Solutions Engineer (CDPSE), CSX Practitioner (CSX-P), Certified in Emerging Technology (CET) and Information.

Program Service Accomplishments

Program 1

Information Systems Audit and Control Association's (ISACA) primary purpose is to serve its members and their organizations. One way ISACA does so is by helping members do their jobs better, offering...

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Information Systems Audit and Control Association's (ISACA) primary purpose is to serve its members and their organizations. One way ISACA does so is by helping members do their jobs better, offering them pragmatic guidance on how to safely and effectively implement technology. ISACA annually produces hundreds of knowledge assets in various formats, including print, digital, interactive (tools, audit programs), video and audio. In 2023, ISACA hosted a combination of in-person (ISACA Conference North America in Boston, USA, and ISACA Conference Europe in Dublin, Ireland) and virtual events. The association offers member benefits in the areas of professional development, community, mentoring and leadership and volunteer opportunities, and continually reviews and expands its portfolio of benefits to address the changing needs of members. Many member benefits are documented and further explained within the other responses on this form. ISACA had an increase in new members of 14 percent in 2023. ISACA has 225 local chapters in 188 countries.

Program 2

Information technology (IT) is a rapidly changing industry, and it demands a commitment on the part of its practitioners to learn continuously and master new skills. Certification is one way to...

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Information technology (IT) is a rapidly changing industry, and it demands a commitment on the part of its practitioners to learn continuously and master new skills. Certification is one way to expand one's skill set and be recognized for doing so. Holding an ISACA professional certification demonstrates excellence in the topic and a commitment to remaining current and informed; it distinguishes an individual from his/her peers. ISACA offers several certification exams: Certified Information. Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC), Certified Data Privacy Solutions Engineer (CDPSE) and CSX Practitioner (CSX-P) designations. More recently, ISACA introduced stackable certificates that add up to a full certification for the Certified in Emerging Technology (CET) and Information Technology Certified Associate (ITCA) credentials. More than 200,000 CISAs have been certified since its inception in 1978; more than 90,000 CISMs have been certified since its inception in 2002; more than 10,000 CGEITs have been certified since its inception in 2007 and more than 40,000 CRISCs have been certified since its inception in 2010. ISACA, in collaboration with the Cloud Security Alliance, also offers a Certificate of Cloud Auditing Knowledge (CCAK). Additionally, ISACA offers an IT Audit Fundamentals Certificate,Cybersecurity Audit Certificate, IT Risk Fundamentals Certificate, Blockchain Fundamentals Certificate and Computing Fundamentals Certificate.

Program 3

In 2023, the ISACA education roster included virtual and in-person ISACA conferences in several regions covering a range of topics such as IT audit, IT governance, risk management, cybersecurity and...

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In 2023, the ISACA education roster included virtual and in-person ISACA conferences in several regions covering a range of topics such as IT audit, IT governance, risk management, cybersecurity and data privacy. This was in addition to week-long training events focusing in-depth on one or two topics. ISACA is dedicated to monitoring the professional environment and developing new programs as needed to complement its established portfolio of events. The association has focused a considerable amount of effort on digital learning platforms, as it provides a way to cover emerging topics on a timely basis and offer low-cost education to a globally dispersed audience.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $91,006,330
Investment Income $3,014,001
Other Revenue $10,807,797
TOTAL REVENUE $104,828,128

Expense Breakdown

Grants Paid $1,265,000
Salaries & Benefits $57,623,059
Fundraising Expenses $0
Program Expenses $0
Other Expenses $55,900,742
TOTAL EXPENSES $114,788,801

Year-over-Year Comparison

2023 2022 Change
Revenue $104,828,128 $103,800,078 +0.0%
Expenses $114,788,801 $106,508,195 +0.1%
Net Income $-9,960,673 $-2,708,117 +2.7%
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
13
Independent Members
11
Employees
377
Volunteers
1424

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
4
$1,849,881
Total Directors
16
$1,217,176
Key Employees
2
$1,194,601
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Director & CEO (Beg June 2023) 40.0
Officer Director
$514,844 $40,204 $555,048
N/A Past Chair 2020-2021/ Interim CEO (Jan-June 2023) 3.0
Officer Director
$662,128 $0 $662,128
N/A DIRECTOR 3.0
Director
$0 $0 $0
N/A Past Chair 2019-2020 3.0
Director
$0 $0 $0
N/A DIRECTOR 3.0
Director
$0 $0 $0
N/A DIRECTOR (Jan - July 2023) 3.0
Director
$0 $0 $0
N/A Past Chair 2021-2022 3.0
Director
$0 $0 $0
N/A Director (July - Dec 2023) 3.0
Director
$0 $0 $0
N/A Director & Chair 2023-2024 3.0
Director
$0 $0 $0
N/A Director (July - Dec 2023) 3.0
Director
$0 $0 $0
N/A DIRECTOR 3.0
Director
$0 $0 $0
N/A Director 3.0
Director
$0 $0 $0
N/A DIRECTOR & Chair, 2022-2023 3.0
Director
$0 $0 $0
N/A Past CHAIR, 2018-2019 (Jan - July 2023) 3.0
Director
$0 $0 $0
N/A Director (July - Dec 2023) 3.0
Director
$0 $0 $0
N/A Director (Jan - July 2023) 3.0
Director
$0 $0 $0
N/A SECRETARY & CORPORATE GOVERNANCE MANAGER 40.0
Officer
$128,975 $19,495 $148,470
N/A TREASURER & CFO 40.0
Officer
$421,533 $62,702 $484,235
N/A Chief Membership & Marketing Officer 40.0
Key Emp
$551,992 $52,032 $604,024
N/A Chief Operating Officer 40.0
Key Emp
$530,704 $59,873 $590,577
N/A Chief of Staff 40.0
Highest
$396,462 $49,836 $446,298
N/A SENIOR DIRECTOR, GLOBAL SALES 40.0
Highest
$330,822 $50,726 $381,548
N/A SVP Publishing 40.0
Highest
$342,634 $53,182 $395,816
N/A VP, Global Sales 40.0
Highest
$605,357 $57,601 $662,958
N/A VP Product Development 40.0
Highest
$347,809 $29,675 $377,484
N/A FORMER DIRECTOR & CEO 40.0
$995,727 $0 $995,727
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 No data No data No data No data
2023 $104,828,128 $114,788,801 $151,633,411 $-9,960,673
2022 $103,800,078 $106,508,195 $155,100,204 $-2,708,117
2021 $101,751,321 $83,779,212 $168,414,298 $17,972,109
2020 $90,344,649 $72,225,316 $147,262,028 $18,119,333
2019 $68,339,235 $68,176,242 $122,658,745 $162,993
2018 $64,510,676 $66,936,213 $99,820,655 $-2,425,537
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