CYVERSITY INC

EIN: 465596141 501(c)(3) Education

WAKEFIELD, MA

Total Revenue
$735,180
Total Expenses
$546,049
Total Assets
$406,987
Net Assets
$368,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NJ
Principal Officer
MALCOLM K PALMORE
Phone
7812460500
Tax Period
2024-01-01 to 2024-12-31

CYVERSITY INC, founded in 2015, is a small nonprofit in the Education sector that reported $735K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 26% operating margin.

Mission

OUR MISSION IS TO ACHIEVE THE CONSISTENT REPRESENTATION OF WOMEN, UNDERREPRESENTED COMMUNITIES, AND ALL VETERANS IN THE CYBERSECURITY INDUSTRY THROUGH PROGRAMS DESIGNED TO DIVERSIFY, EDUCATE, AND EMPOWER.

Program Service Accomplishments

Program 1
Expenses: $437,149 Revenue: $52,305

PROGRAMS - MEMBERS HAVE ACCESS TO JOBS BOARD, CAREER READINESS, COMPETENCY CORE ASSESSMENT, TRAINING AND DEVELOPMENT PROGRAMS, SCHOLARSHIP OPPORTUNITIES, CHAPTER MEMBERSHIP, COLLABORATIONS TOOLS AND...

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PROGRAMS - MEMBERS HAVE ACCESS TO JOBS BOARD, CAREER READINESS, COMPETENCY CORE ASSESSMENT, TRAINING AND DEVELOPMENT PROGRAMS, SCHOLARSHIP OPPORTUNITIES, CHAPTER MEMBERSHIP, COLLABORATIONS TOOLS AND WEBINAR EVENTS.

Program 2
Expenses: $0 Revenue: $5,000

ANNUAL CONFERENCE: THIS CONFERENCE IS PERFECT FOR CYBERSECURITY PROFESSIONALS AT ALL LEVELS, WHETHER THEY ARE A BEGINNER OR A SEASONED EXPERT IN THE FIELD. THEY EXPERIENCE INSIGHTFUL KEYNOTES...

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ANNUAL CONFERENCE: THIS CONFERENCE IS PERFECT FOR CYBERSECURITY PROFESSIONALS AT ALL LEVELS, WHETHER THEY ARE A BEGINNER OR A SEASONED EXPERT IN THE FIELD. THEY EXPERIENCE INSIGHTFUL KEYNOTES, THOUGHT-PROVOKING PANEL DISCUSSIONS, AND INTERACTIVE WORKSHOPS DELIVERED BY THE BRIGHTEST MINDS IN THE INDUSTRY. PARTICIPANTS HAVE THE OPPORTUNITY TO CONNECT WITH LIKE-MINDED PROFESSIONALS, SHARE THEIR EXPERIENCES AND IDEAS, AND LEARN ABOUT THE LATEST TRENDS AND TECHNIQUES IN CYBERSECURITY. THE ANNUAL CONFERENCE WAS NOT HELD IN 2024.

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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 $655,499
Program Service Revenue $57,305
Investment Income $0
Other Revenue $22,376
TOTAL REVENUE $735,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $51,464
Program Expenses $437,149
Other Expenses $530,474
TOTAL EXPENSES $546,049

Year-over-Year Comparison

2024 2023 Change
Revenue $735,180 $583,736 +0.3%
Expenses $546,049 $993,874 -0.5%
Net Income $189,131 $-410,138 -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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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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
70

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MALCOLM K PALMORE PRESIDENT 5.00
Officer Director
$0 $0 $0
SHERRON BURGESS CHAIR 5.00
Officer Director
$0 $0 $0
BRIAN ARELLANES DIRECTOR 5.00
Director
$0 $0 $0
DEIDRE DIAMOND DIRECTOR 5.00
Director
$0 $0 $0
JAMES HAYES DIRECTOR 5.00
Director
$0 $0 $0
DR WADE HOLMES DIRECTOR 5.00
Director
$0 $0 $0
TIA HOPKINS DIRECTOR 5.00
Director
$0 $0 $0
TC NIEDZIALKOWSKI DIRECTOR 5.00
Director
$0 $0 $0
GLEB REZNIK DIRECTOR 5.00
Director
$0 $0 $0
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 $735,180 $546,049 $406,987 $189,131
2023 $583,736 $993,874 $260,713 $-410,138
2022 $920,811 $837,332 $702,230 $83,479
2021 $569,541 $439,090 $562,705 $130,451
2020 $447,328 $206,781 $378,108 $240,547
2019 $424,933 $332,475 $181,235 $92,458
2018 $344,684 $243,590 $334,245 $101,094
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