THE SHADOWSERVER FOUNDATION INC

EIN: 262267933 501(c)(3) Education

PLEASANTON, CA

Total Revenue
$3,660,659
Total Expenses
$3,335,794
Total Assets
$2,206,216
Net Assets
$143,493
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NJ
Principal Officer
PIOTR KIJEWSKI
Phone
5109563740
Tax Period
2023-01-01 to 2023-12-31

THE SHADOWSERVER FOUNDATION INC, founded in 2007, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 9% surplus.

Mission

SHADOWSERVER'S MISSION IS TO MAKE THE INTERNET MORE SECURE BY BRINGING TO LIGHT VULNERABILITIES, MALICIOUS ACTIVITY AND EMERGING THREATS. SINCE 2004, SHADOWSERVER HAS BEEN INVESTIGATING MALICIOUS INTERNET ACTIVITY, COLLECTING MALWARE WITH ITS RELATED ANALYSIS AND META DATA, WORKING WITH LAW ENFORCEMENT IN VARIOUS CAPACITIES, AND SHARING INFECTION AND MALICIOUS DATA WITH APPROPRIATE NETWORK OWNERS. SHADOWSERVER ALSO PROVIDES EDUCATIONAL PRESENTATIONS WORLDWIDE WHILE ENCOURAGING THE OPEN SHARING OF DATA WITHIN THE SECURITY INDUSTRY AND WITH VENDOR AND GOVERNMENT ORGANIZATIONS. SHADOWSERVER HAS EMERGED AS ONE OF THE WORLD'S LEADING RESOURCES FOR INTERNET SECURITY REPORTING AND MALICIOUS ACTIVITY INVESTIGATION AND MAINTAINS A GLOBAL INFRASTRUCTURE SPANNING 90 COUNTRIES. THE ORGANIZATION IS FUNDED FROM SPONSORSHIPS, GRANTS AND CHARITABLE DONATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,070,311
Program Service Revenue $589,887
Investment Income $461
Other Revenue $0
TOTAL REVENUE $3,660,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,357,441
Fundraising Expenses $63,462
Program Expenses $2,872,172
Other Expenses $1,978,353
TOTAL EXPENSES $3,335,794

Year-over-Year Comparison

2023 2022 Change
Revenue $3,660,659 $2,503,692 +0.5%
Expenses $3,335,794 $3,217,669 +0.0%
Net Income $324,865 $-713,977 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
2
Employees
6
Volunteers
2

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
1
$202,236
Total Directors
4
$202,236
Key Employees
1
$383,127
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PIOTR KIJEWSKI TRUSTEE, CEO 20.00
Officer Director
$0 $27,675 $202,236
MICHAEL JOHNSON TRUSTEE, CFO 5.00
Director
$0 $0 $0
NIKLAS SCHIFFLER TRUSTEE 5.00
Director
$0 $0 $0
DAVID WATSON TRUSTEE 5.00
Director
$0 $0 $0
JASON RHOADS SENIOR ARCHITECT 40.00
Key Emp
$323,853 $59,274 $383,127
DUNCAN TAYLOR SENIOR SYSTEM ADMINISTRATOR 40.00
Highest
$177,724 $33,566 $211,290
DAVID DE COSTER SENIOR SECURITY ENGINEER 40.00
Highest
$171,338 $37,127 $208,465
DIMITRI NGUYEN SYSTEM ADMINISTRATOR 40.00
Highest
$121,127 $21,107 $142,234
CHARLES A EBERLE IV ALLIANCE DIRECTOR 40.00
Highest
$195,781 $65,213 $260,994
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 $3,660,659 $3,335,794 $2,206,216 $324,865
2022 $2,503,692 $3,217,669 $2,414,087 $-713,977
2021 $2,582,270 $3,618,518 $1,410,714 $-1,036,248
2020 $3,418,932 $2,935,557 $2,298,010 $483,375
2019 $2,286,619 $2,758,964 $1,870,128 $-472,345
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