INCIDENT RESPONSE CONSORTIUM

EIN: 821227257 501(c)(3) Education

ARLINGTON, VA

Total Revenue
$67,000
Total Expenses
$255,834
Total Assets
$108,084
Net Assets
$134,245
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VA
Principal Officer
JOSEPH LOOMIS
Phone
8017927988
Tax Period
2019-01-01 to 2019-12-31

INCIDENT RESPONSE CONSORTIUM, founded in 2017, is a small nonprofit in the Education sector that reported $577K in total revenue in fiscal year 2018. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $231K, a strong 40% operating margin.

Mission

CYBERSECURITY TRAINING AND EDUCATION

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $67,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $67,000

Expense Breakdown

Grants Paid $1,884
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,616
Other Expenses $253,950
TOTAL EXPENSES $255,834

Year-over-Year Comparison

2019 2018 Change
Revenue $67,000 $673,468 -0.9%
Expenses $255,834 $321,881 -0.2%
Net Income $-188,834 $351,587 -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

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
2
Employees
N/A
Volunteers
25

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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH LOOMIS DIRECTOR 15.00
Officer Director
$0 $0 $0
RYAN COREY 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
2019 $67,000 $255,834 $108,084 $-188,834
2018 $673,468 $321,881 $435,915 $351,587
2018 $577,463 $346,012 $330,160 $231,451
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