CYBER INDEPENDENT TESTING LABORATORY INC

EIN: 811697643 501(c)(3)

BRIDGEWATER, NJ

Total Revenue
$658,545
Total Expenses
$739,737
Total Assets
$719,986
Net Assets
$530,860
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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
NJ
Principal Officer
SARAH ZATKO
Phone
6174808915
Tax Period
2020-01-01 to 2020-12-31

CYBER INDEPENDENT TESTING LABORATORY INC, founded in 2016, is a small nonprofit that reported $659K in total revenue in fiscal year 2020. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $740K exceeded revenue, resulting in a 12% operating deficit.

Mission

To work for a fair, just, and safe software marketplace for all consumers and to empower consumers to protect themselves.

Program Service Accomplishments

Program 1
Expenses: $719,613 Revenue: $236,565

In 2020 CITL completed the final stages of development on the CITL Automated Dynamic Vulnerability Discovery (CITL-ADVD) tool. CITL_ADVDprovides automated discovery of novel vulnerabilities and...

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In 2020 CITL completed the final stages of development on the CITL Automated Dynamic Vulnerability Discovery (CITL-ADVD) tool. CITL_ADVDprovides automated discovery of novel vulnerabilities and defects across thousands of applications and libraries per month, improving the state of the art for automated vulnerability discovery by orders of magnitude. For comparison, a skilled team using traditional fuzzing tools would likely be able to test 10-50 targets a month. Target instrumentation, harnessing, and input generation are fully automated. CITL-ADVD is designed to identify memory corruption, command injection, and other classes of vulnerabilities and defects. CITLs approach changes vulnerability hunting from bespoke targeting and identification, to sifting through 1000s of novel CITL-identified vulns for matching critera. This capability would enable teams to find and fix vulnerabilities in open source Linux software en masse. For example, over the summer, CITL fuzzed all of the Ubuntu-APT repository and reported hundreds of bugs to the relevant open source project maintainers. Open source software is used in most critical infrastructure and corporate entities, often in critical systems, so such an effort would have huge impact for public good. The data sets produced by CITL-ADVD also have great potential for use in academia and research, because it is the first time that detailed data on program behavior can be obtained in such quantities. With these potential uses in mind, CITL started working in 2020 on transitioning its toolsets to partner organizations and on open sourcing the tools, so that anyone who is interested can benefit from these massive improvements to the state of the art.

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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 (2020)

Revenue Breakdown

Contributions & Grants $421,714
Program Service Revenue $236,565
Investment Income $266
Other Revenue $0
TOTAL REVENUE $658,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,694
Fundraising Expenses $0
Program Expenses $719,613
Other Expenses $629,043
TOTAL EXPENSES $739,737

Year-over-Year Comparison

2020 2019 Change
Revenue $658,545 $349,384 +0.9%
Expenses $739,737 $996,653 -0.3%
Net Income $-81,192 $-647,269 -0.9%
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
2
Independent Members
N/A
Employees
2
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
$102,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH ZATKO Treasurer 30.00
Officer
$65,000 $0 $65,000
PEITER ZATKO President 30.00
Officer
$37,500 $0 $37,500
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
2020 $658,545 $739,737 $719,986 $-81,192
2019 $349,384 $996,653 $804,652 $-647,269
2018 $1,162,691 $962,973 $1,449,834 $199,718
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