Secure Diversity Inc (Formerly #Brainbabe Inc)
Nonprofit profile at a glance
- EIN
- 814745531
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Boston, MA, USA
- Phone
- 8574152657
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $135,490
- Expenses
- $143,364
- Assets
- $14,855
- Liabilities
- $155,246
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- DEIDRE DIAMOND (FOUNDER & CEO & PRESIDENT)
People named in this filing
- DEIDRE DIAMOND (FOUNDER & CEO & PRESIDENT)
- DEBBIE MAGGIO (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to dramatically increase representation of women in cybersecurity by addressing soft skills challenges. The cybersecurity and technology professions are leading the world's advancements, yet our work environments are severely challenged by poor soft and human skills. The organization empowers women and men to work together by creating inclusive workplace cultures, ensuring that all men and women have opportunities to succeed within the cybersecurity and information technology industry, and providing a proven soft-skills framework that enables men and women to interact with each other more positively.
What it reported doing in 2024
Public speaking: this service is available for free to the community. The program conducts speaking events at colleges and universities, sponsored cybersecurity conferences, seminars, panel discussions, or function as keynotes, along with the generation of social media content (twitter, linkedin, videos, webinars). This particular service is the original multi-service solution that the organization has been providing since 2016.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.7%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 10.45; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -12.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 17.8% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 14.5% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.7% of spending went to programs
- Governance: 2 of 2 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $136K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 28/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.