FEDERAL IT SECURITY INSTITUTE

EIN: 271374413 Community Improvement

ALEXANDRIA, VA

Total Revenue
$280,611
Total Expenses
$321,900
Total Assets
$71,132
Net Assets
$71,132
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
JAMES WIGGINS
Phone
5712171986
Tax Period
2024-07-01 to 2025-06-30

FEDERAL IT SECURITY INSTITUTE, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $281K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $322K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF FEDERAL IT SECURITY INSTITUTE IS TO HELP SECURE THE NATION'S INFORMATION SYSTEMS BY CERTIFYING THAT FEDERAL WORKFORCE MEMBERS UNDERSTAND AND CAN APPLY APPROPRIATE FEDERAL IT SECURITY STANDARDS.

Program Service Accomplishments

Program 1
Expenses: $139,963

FITSI PROVIDES AN IT SECURITY CERTIFICATION PROGRAM TARGETED AT THE FEDERAL WORKFORCE. THE ORGANIZATION OVERSEES THIS PROGRAM AND MANAGES THE PROGRAM FOR ITS MEMBERS.

Program 2

FITSI OVERSEES TWO LOCAL CHAPTERS OF MEMBERS IN COLORADO AND WASHINGTON DC. THESE CHAPTERS RUN EVENTS SUCH AS TRAINING AND MEETINGS TO BENEFIT MEMBERS.

Program 3

FITSI PROVIDES PROGRAM MANAGEMENT OF THE WOUNDED WARRIOR CYBER COMBAT ACADEMY. THIS PROGRAM IS RUN AND FINANCED BY THE FITSI FOUNDATION (A SISTER ORGANIZATION) WHICH TRAINS WOUNDED WARRIORS IN CYBER...

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FITSI PROVIDES PROGRAM MANAGEMENT OF THE WOUNDED WARRIOR CYBER COMBAT ACADEMY. THIS PROGRAM IS RUN AND FINANCED BY THE FITSI FOUNDATION (A SISTER ORGANIZATION) WHICH TRAINS WOUNDED WARRIORS IN CYBER SECURITY.

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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 $11,971
Program Service Revenue $268,640
Investment Income $0
Other Revenue $0
TOTAL REVENUE $280,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,963
Other Expenses $321,900
TOTAL EXPENSES $321,900

Year-over-Year Comparison

2024 2023 Change
Revenue $280,611 $243,057 +0.2%
Expenses $321,900 $214,550 +0.5%
Net Income $-41,289 $28,507 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$94,242
Total Directors
3
$90,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES WIGGINS EXECUTIVE DIRECTOR AND CEO 20.00
Officer Director
$90,000 $0 $90,000
TAYLOR DEVINE DIRECTOR 0.50
Director
$0 $0 $0
LOUIS VESCIO DIRECTOR 0.50
Director
$0 $0 $0
AMEE DEVINE CHIEF OPERATION OFFICER 10.00
Officer
$4,242 $0 $4,242
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
2025 $280,611 $321,900 $71,132 $-41,289
2024 $243,057 $214,550 $112,421 $28,507
2023 $257,990 $226,971 $83,914 $31,019
2022 $187,988 $218,380 $52,895 $-30,392
2021 $251,633 $256,310 $83,287 $-4,677
2020 $233,865 $272,734 $87,964 $-38,869
2019 $218,333 $129,445 $126,833 $88,888
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