Kantara Initiative Inc

EIN: 811226244 Community Improvement

Manassas, VA

Total Revenue
$570,385
Total Expenses
$511,270
Total Assets
$351,227
Net Assets
$183,925
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DE
Principal Officer
Kay Chopard
Tax Period
2023-01-01 to 2023-12-31

Kantara Initiative Inc, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $570K in total revenue in fiscal year 2023. Expenses of $511K left a modest 10% surplus.

Mission

Kantara Initiative is a trust framework provider since 2010 See Schedule O for continuation.

Program Service Accomplishments

Program 1

Kantara Initiative provides strategic vision and real world innovation for the digitalidentity transformation. Developing initiatives including: Deepfakes and IDV; Privacy Enhancing Mobile...

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Kantara Initiative provides strategic vision and real world innovation for the digitalidentity transformation. Developing initiatives including: Deepfakes and IDV; Privacy Enhancing Mobile Credentials; User Managed Access; Resilient Identifiers for Underserved Populations; and Anchored Notification and Consent Receipt. Kantara Initiative also maintains the Identity Assurance Trust Framework (IAF) which underpins the assurance program providing third party conformance audits for NIST standard 800-63.3 for the federal Digital Identity Guidelines. The IAF is kept current by the Identity Assurance Work Group. Kantara Initiative develops innovations to solve real world problems for the identity based digital transformation. While connections to digital services and technologies grow, data generated by those connections is a challenge to manage. In the landscape of identity, security, and access technology and policy, varying national approaches and schemes exist. Governments and industry are connecting more and more to leverage their strengths for provision of services. This is the world of borderless IDM, where governments and industry seek to harmonize. Kantara Initiative develops assurance and interoperability programs to support the trust layer of online transactions. Kantara Initiative provides global leadership ensuring that diversity, equity, inclusion, and accessibility (DEIA) are part of all digital identity solutions and systems. Kantaras DEIA initiative works to establish a uniform terminology regarding DEIA requirements, identifies the return on investment for solution providers to incorporate important DEIA components in their products, and ensures that requirements for DEIA are easy to understand yet robust enough to provide access to service for everyone. Kantara Initiative also runs the third-party conformance assessment program in the US for the NIST 800-63 and also provides certification of requirements for the United Kingdom Digital Identity and Attributes Trust Framework (DIATF). Kantara Initiative provides educational presentations at digital identity conferences, to members of the Administration, and federal and state agencies on request.

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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 $0
Program Service Revenue $563,032
Investment Income $521
Other Revenue $6,832
TOTAL REVENUE $570,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $303,204
Fundraising Expenses $0
Other Expenses $208,066
TOTAL EXPENSES $511,270

Year-over-Year Comparison

2023 2022 Change
Revenue $570,385 $560,661 +0.0%
Expenses $511,270 $466,002 +0.1%
Net Income $59,115 $94,659 -0.4%
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

Financial Distress Indicator

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
11
Independent Members
11
Employees
4
Volunteers
50

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
3
$145,109
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kay Chopard Executive Director 40.00
Officer
$143,663 $1,446 $145,109
Jim Pasquale Director 1.00
Director
$0 $0 $0
Michael Engle Director 1.00
Director
$0 $0 $0
Alec Laws Director 1.00
Director
$0 $0 $0
Jordan Burris Director 1.00
Director
$0 $0 $0
Andrew Hindle Director 1.00
Director
$0 $0 $0
Peter Davis Director 1.00
Director
$0 $0 $0
Maria Vachino Director 1.00
Director
$0 $0 $0
Patrick Clancey Director 1.00
Director
$0 $0 $0
Eric Thompson Director 1.00
Director
$0 $0 $0
Andrew Johnston Treasurer 1.00
Officer Director
$0 $0 $0
Andrew Hughes President 1.00
Officer 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 No data No data No data No data
2023 $570,385 $511,270 $351,227 $59,115
2022 $560,661 $466,002 $294,664 $94,659
2021 $523,249 $491,151 $261,267 $32,098
2020 $386,963 $431,757 $248,793 $-44,794
2019 $383,273 $439,981 $372,851 $-56,708
2018 $506,783 $467,692 $289,361 $39,091
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