Transglobal Secure Collaboration Participation Inc

Nonprofit profile at a glance

EIN
453773442
IRS 990 coverage
2014–2019
Forms available
Form 990 2019
Location
Vienna, VA, USA
Phone
7037607898
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$173,950
Expenses
$300,860
Assets
$120,999
Liabilities
$143,050

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KEITH WARD (PRESIDENT & CEO)

Highest reported compensation

  • KEITH WARD (PRESIDENT & CEO): $7,383 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transglobal secure collaboration participation (tscp) is a collaborative forum in which leading system integrators, service providers and government agencies work together to establish a managed trust through federated trust framework with all the agreed

What it reported doing in 2019

4a - department of homeland security - tach no/match service - tscp's primary focus is leveraging tscp's identity and access management history in using a&d real world use cases to create specifications, and trust framewoks as a reference baseline, tscp will investigate match/no match remote identity proofing and devfelop docuementstion to implementations it across a representative set of use cases. The resulting documentation will enable a wide range of business transactions to inclued; appropriate level of identity security, commonly available attributes used and business transactions conducted between the direct parties (i.e. No 3rd party data exchanges). 4b - member services - tscp is a cooperative forum that includes leading it system integrators, aerospace and defense, critical infrastrusture, financial and retail, and key government entities and their allies and coalition partners. These members work together to establish and maintain an open standards-based framework that can be used to enable secure collaboration and assured information sharing between parties through the development of specification and the enablement of solutions and services. Tscp's federated trust framework enables its members to have secure access to each other's sensitive data by creating a collaborative environment based on the scaleable and efficient trust merchanisms.

Operating model

Revenue model
Earned-program. 100% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 60
  • Accountability: 79
  • Sustainability: 13
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.8%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -73%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 1.18; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 2.5%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -34.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -13.6% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $7K · 4 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2014 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.