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Board Oversight Reporting

February 2022

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Individual Members

Record high individual membership

New AMS will require bylaw changes

5670 members (up 114 from last month)

One Year 3637 (64%)

Two Year 1138 (20%)

Lifetime 798 (14%)

Complimentary 97 (1.7%)

50% YoY growth rate

1330 to reach 2022 stretch goal (~ 120 pcm)

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Non Profit Profiles

Guidestar

Charity Navigator

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YTD Net Income

Starting over in January 2022

Graph is to provide context

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Monthly Net Income

Did slightly better this month than budget

Q1 is usually small losses, until activity occurs

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Cash Assets

January Checking/Savings: $1.48 m

December Checking/Savings: $1.46 m

  • Balance increased by $32k

Year on year

December 2021: $1,456,601

December 2020: $1,087,216

  • Balance increased by $369,385 (34%)

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Accounts receivable

January AR: $147k (25% over 90 days)

December AR: $163k (10% of total assets)

  • $16k collected last 30 days

Year on year

  • January 2021 AR: $99k
  • January 2022 AR: $147k

Bad debt provision untouched at $54k

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Operating Reserves

FY 22 Run rate now 112,000 per month (up from 98k)

Healthy and stable operating reserves

  • Previous: 13.0 months
  • Current: 13.3 months (up 0.3 months)

Improvement YoY from 10.0 to 13.0 months operating reserves with FY22 run rate

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Events Summary

Kelly Santalucia

Lauren Thomas

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Global AppSec Events at a glance

See smaller events planned in 2022 here.

Event

Date

Attendees

Trainees

Sponsors

Profit

Status

Career Fair

Feb 22, 2022

Currently 1220 - Reg. still open

N/A

24 - Reg. still open

Est $14,150

On Track

Global AppSec Virtual Europe

June 6-10 2022

Est. 200 paid / €76,750.00

Est. 40 / €34,650.00

Est. 17 booths / €258,000.00

€194,400.00

On Track

Global AppSec Virtual AsiaPac

Aug 29-Sept 1

TBD

TBD

TBD

TBD

Planning *Note: on-going plans to host one conference track in Japanese

Global AppSec San Francisco

Nov 14-18 2022

Est. 500 paid/ $283,625.00

Est. 70 / $106,250.00

Est. 20 / $275,000.00

$145,529.85

On track

OWASP Developer Summit

Nov 2022

TBD

TBD

TBD

$20,000.00

Not happening - planning AppSec APAC instead

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AppSec Days at a glance

Event

Date

Attendees

Trainees

Sponsors

Profit

Status

AppSec Days SnowFroc

March 2022

300 / $22,500.00

100 / $12,500.00

$30,000.00

$17,020.00

Postponed to 2023

AppSec Days BeNeLux

April 2022

TBD

TBD

TBD

TBD

On track

AppSec Days BASC

October 2022

TBD

TBD

TBD

TBD

Not yet applied

AppSec Days LASCON

October 2022

TBD

TBD

TBD

TBD

Not yet applied

AppSec Days AppSec Cali

Jan 2023

TBD

TBD

TBD

TBD

Asked for budget allocation

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OWASP Career Fair: Planning

(Total Budgeted Profit: $4,500)

Current / Submitted

Projected / Budgeted

Budgeted Income

Budgeted Expense

Budgeted Profit

Status

Attendees

1220

500

n/a

n/a

n/a

On-going

Trainees

n/a

n/a

n/a

n/a

n/a

n/a

Trainers

n/a

n/a

n/a

n/a

n/a

n/a

Sponsors

24

20

$12,000.00

n/a

$12,000.00

On-going

Speakers

n/a

n/a

n/a

n/a

n/a

n/a

Event location or virtual platform (vFairs)

$4,650

$5,000.00

n/a

$5,000.00

-$350.00

Completed (vFairs)

Catering

n/a

n/a

n/a

n/a

n/a

n/a

Marketing

n/a

$2,500.00

n/a

$2,500.00

-$2,500.00

Completed

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AppSec Virtual Europe Status: Starting over (Total Profit: €167,400.00)

Current / Submitted

Projected / Budgeted

Budgeted Income

Budgeted Expense

Budgeted Profit

Status

Attendees

0

200

€76,750.00

0

€76,750.00

On Track

Trainees

0

40

€34,650.00

0

€9,650.00

On Track

Trainers

0

4

0

-€25,000.00

-€25,000.00

On Track

Sponsors

6

17 booths

€231,000.00

0

€231,000.00

On Track

Speakers

0

74 (including Keynotes)

0

0

0

On Track

Event location or virtual platform (Whova & RMK Services)

1

€50,000.00

0

€50,000.00

-€50,000.00

Completed (Whova & RMK Services)

Catering

n/a

n/a

n/a

n/a

n/a

n/a

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AppSec Virtual AsiaPac: Initial planning

Current / Submitted

Projected / Budgeted

Budgeted Income

Budgeted Expense

Budgeted Profit

Status

Attendees

TBD

TBD

TBD

TBD

TBD

TBD

Trainees

TBD

TBD

TBD

TBD

TBD

TBD

Trainers

TBD

TBD

TBD

TBD

TBD

TBD

Sponsors

TBD

TBD

TBD

TBD

TBD

TBD

Speakers

TBD

TBD

TBD

TBD

TBD

TBD

Event location or virtual platform

TBD

TBD

TBD

TBD

TBD

Completed (Whova & RMK Services)

Catering

TBD

TBD

TBD

TBD

TBD

TBD

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Global AppSec San Francisco: On track (Total estimated Profit: $145,529.85)

Current / Submitted

Projected / Budgeted

Budgeted Income

Budgeted Expense

Budgeted Profit

Status

Attendees

0

500

$283,625.00

0

$283,625.00

On Track

Trainees

0

70

$106,250.00

0

$106,250.00

On Track

Trainers

0

6

0

$60,526.76

-$60,526.76

On Track

Sponsors

0

20

$275,000.00

0

$275,000.00

On Track

Speakers

0

60

0

-$3,200.00 (airfare for keynotes)

-$3,200.00

On Track

Event location or virtual platform

TBD

TBD

TBD

TBD

TBD

On Track

Catering

0

$244,831.07

0

-$244,831.07

-$244,831.07

On Track

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AppSec Days SnowFroc Status: Postponed to 2023 due to Covid

Current / Submitted

Projected / Budgeted

Budgeted Income

Budgeted Expense

Budgeted Profit

Status

Attendees

0

300

$22,500.00

0

$22,500.00

On Track

Trainees

0

100

$12,500.00

0

$12,500.00

On Track

Trainers

0

0

On Track

Sponsors

0

10

$30,000.00

0

$30,000.00

On Track

Speakers

n/a

n/a

n/a

n/a

n/a

On Track

Event location or virtual platform

$13,180.00

$13,180.00

0

$13,180.00

-$13,180.00

On Track

Catering

$24,500.00

$24,500.00

$24,500.00

$24,500.00

-$24,500.00

On Track

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