Idac Corp
Nonprofit profile at a glance
- EIN
- 934425788
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2023
- Location
- Fairview, NC, USA
- Phone
- 6308537167
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $65,358
- Expenses
- $35,854
- Assets
- $58,605
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jeffrey Steadman Jr (President)
People named in this filing
- Jeffrey Steadman Jr (President)
- Kevin Mercado (Secretary)
- Jim McDonald (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educate and advocate for advancement of digital identity and access management practices to create a more secure and trustworthy ecosystem.
What it reported doing in 2025
Nonprofit education program focusing on creating a secure data and online ecosystem.
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 and revenue comfortably covers expenses. 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: 21
- Transparency & Controls: 73
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.3%; rating input score 16
- Program expense ratio: 29.6%; rating input score 30
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45.1%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 94.7% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 100.2% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 16.3% of revenue deployed · 29.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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 16/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.