Foundation for Advancing Security Talent

Nonprofit profile at a glance

EIN
521194549
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2012, Form 990-EZ 2024
Location
Dallas, TX, USA
Phone
9728076800
Rating
49
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$156,679
Expenses
$198,361
Assets
$137,038
Liabilities
$1,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • AIDEN O'BRIEN THRU 112024 (EXECUTIVE DIRECTOR)

People named in this filing

  • AIDEN O'BRIEN THRU 112024 (EXECUTIVE DIRECTOR)
  • KERRI SUTHERLAND (CHAIRMAN/DIRECTOR)
  • JOHN NEMEROFSKY (VICE CHAIRMAN/DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation for advancing security talent (fast) is dedicated to connecting passionate, innovative professionals with new opportunities in the electronic security and life safety industry. Through a partnership of the industry's leading associations, the electronic security association (esa) and the security industry association (sia), fast brings awareness to the career advancement opportunities within the fast-paced technology industry that serves to keep people, places and property safe.

What it reported doing in 2024

Job boards - fast provides the security and life safety industry's largest jobs board for cybersecurity analysts, sales management, security engineers, technicians, operations managers, hr, project management, it, customer support and executive leadership. These opportunities and more are on the fast jobs board.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.5%; rating input score 17
  • Program expense ratio: 13.8%; rating input score 14

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -26.6%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 54.9%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 17.5% of revenue deployed · 13.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • High — Financial Efficiency: Program expense ratio scored 14/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.