OWASP Foundation
Board Summary
June 2023
OWASP FOUNDATION
Initiatives & Operations
Andrew van der Stock
OWASP Foundation Staff
OWASP FOUNDATION
Executive Director
Migration to Charity CFO has begun
New checking and money market account likely to be setup soon
Need to constrain expenses and boost income. Fundraising and marketing for more corporate support are two avenues to assist with this.
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Operations - Funding Service Desk
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Operations - Non-funding Service Desk
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Operations - Members
OWASP FOUNDATION
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Operations - Chapters
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Finance
Shelby Graham
OWASP FOUNDATION
Non Profit Donor Profiles
Charity Navigator
Guidestar
Will work with Virtual Inc on manually entering 2020 and 2021 data → Gold
OWASP FOUNDATION
owasp.org
Monthly Revenue
On an accrual basis (EARNED Revenue), monthly revenue in May 2023, is $252,959 vs. 2023 Approved Budget of $ 318,709 or $65,749 under the Approved Budget as of 5.31.23.
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YTD Revenue
On an accrual basis (EARNED Revenue), total revenue through May 2023, is $1,162,903 vs. 2023 Approved Budget of $1,334,692 or $171,789 under the Approved Budget as of 5.31.23.
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Monthly Expenses
On an accrual basis (INCURRED), monthly expenses through May 2023 were $ 355,643.54 as compared to the Monthly 2023 Approved Budget of $358,464, or $2820.46 under the May approved budget.
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YTD Expenses
On an accrual basis (INCURRED), total expenses through May 2023 were $1,328,926 as compared to the YTD 2023 Approved Budget of $1,357,977. The results are OWASP is $29,051 UNDER the Approved YTD 2023 budget for expenses.
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Monthly Net Income
Net Profit (Loss) for May 31st, 2023, is $(102,684.37). The Approved budgeted net profit (loss) was $ (39,755). The actual net loss is over the Approved budget by $62,929.37.
OWASP FOUNDATION
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YTD Net Income
Net Profit (Loss) as of May 31st, 2023, is $(166,024). The Approved budgeted net profit (loss) was $(23,286). The actual net loss is over the Approved budget by $142,738.
This is due to conference income being ~$113K less than budget as well as membership income being ~$62K less than budget, however, total expenses are ~$29K less than budget, offsetting the difference in actual vs. projected net income.
Net income is down from 5.31.22 (last year) by $90,669.
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Accounts receivable
May’s AR is $ 404,089.36 (up $125k)
5.8% is over 90 days (down from 17%)
Most AR (78%) is less than 30 days overdue
OWASP FOUNDATION
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Cash Assets
The cash balance of $2,167,317 is $84,852 LESS than 4.30.23 and $537,094 more than the 5.31.22 balance, or a 33% increase in our cash balance YoY.
OWASP FOUNDATION
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Operating Reserves
If we segregate the AP and assumed Project balance, we would have approximately $1,860,170 ($171,296 less than 4.30.23) or 9.9 months of reserve at the $187K of average monthly operating expenses and 7.5 months of reserve at the $248K of avg of all monthly expenses (this includes all the event expenses).
OWASP FOUNDATION
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Membership and Chapters
Dawn Aitken
OWASP FOUNDATION
Individual Members
6559 members (up 130 since May 2023)
One Year 4481 ↓ -9
Two Year 968 ↑ +111 (!!)
Lifetime 1050 ↑ 23
Complimentary 79 ↑ 5
14.83% YoY growth rate (down)
441 to reach stretch goal of 7000
Membership drive has been a success, bringing in $8, 880 in membership fees
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owasp.org
New Chapters within 60 days.
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OWASP FOUNDATION
owasp.org
Meetup Membership Data
123,664 Total members
OWASP FOUNDATION
owasp.org
Projects and Grants
Harold Blankenship & Alyssa Hardin
OWASP FOUNDATION
Projects
Project status always available at https://owasp.org/projects/status/
Draft of Project Handbook under review by Project Committee. https://owasp.org/www-project-committee/handbook/
Project Showcase for DC. 12 Participating projects. Schedule in progress.
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Grants
Grant org | Grantee | Amount | Status |
OWASP | SAMM | $27903 | Pending Documentation, Funding, and Approval |
OWASP | SAMM | $9700 | Grant Agreement Pending |
OWASP | Developer Guide | $6500 | Approved |
OWASP | OWASP openCRE (Integration Standards) | 8300 GBP | Approved |
OWASP* | OWASP Mobile Application Security | $4200 | Approved |
* Fully funded from third parties
OWASP FOUNDATION
owasp.org
Events
Kelly Santalucia
Lauren Thomas
OWASP FOUNDATION
Global AppSec Events & AppSec Days at a Glance
Event | Date | Attendees | Trainees | Sponsors | Est. Profit | Status |
2022 Global AppSec SF | November 13-17, 2022 | 545 | 100 | | $554,940 | Completed |
2023 Global AppSec Dublin | February 13-16 | 300 goal attendees/ 443 registered | 60 goal / 84 registered | 25 sponsors | $337,310.52 | Completed |
2023 Global AppSec DC | October 30 - November 3 | 1000 goal | 60 goal | 45 goal | $250,000 | On Track |
2023 Global AppSec Singapore | October 4-5, 2023 | 100 goal | 60 goal | 15 goal | $60,000 | Low Attendance, Low Sponsors |
2024 Global AppSec San Fran | September 23-27 | 1000 goal | TBD | TBD | TBD | Dates confirmed |
2025 Global AppSec DC | November 3-7 | 1000 goal | TBD | TBD | TBD | Dates confirmed |
2026 Global AppSec San Fran | November 2-6 | 1000 goal | TBD | TBD | TBD | Dates confirmed |
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AppSec Days at a Glance
Event | Date | Attendees | Trainees | Sponsors | Profit | Status |
AppSec Days AppSec Cali | TBD | TBD | TBD | TBD | TBD | Several Cali chapter leaders have been contacted, unfortunately, none of them are interested in hosting. |
SnowFROC | March 2023 | 350 | TBD | $57,500 | $17,000 | Completed |
AppSec Days BASC | April 2023 | 220 | n/a | $17,000 | $4,829 | Completed |
AppSec Israel | May 2023 | 1000 ( est actual 800) | 500 | $227,000 (est) | Loss: est $33,000 | Completed |
OWASP German Days | May 2023 | 150-200 | 32,906 Euros | 9,100 Euros (est) | 10,118 Euros | Completed - FINAL NUMBERS TO BE UPDATED SHORTLY |
AppSec Days Pacific Northwest | June 2023 | 100 | TBD | $19,600 (est) | Break even | Completed - FINAL NUMBERS TO BE UPDATED SHORTLY |
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2023 Global AppSec Dublin Status: Closed
$337,310.52 profit
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | Final 443 | 300 | 135,625 Euros | 0 | 135,625 Euros / Actualized 124,567 Euros | Closed |
Trainees | Final 84 | 60 | 102,000 Euros | 0 | 102,000 Euros / Actualized 142,800 Euros | Closed |
Trainers | 6 | 6 | 0 | 28,849 Euros | 0 | Closed |
Sponsors | 20 | 16 | 169,300 Euros | 0 | 169,300 Euros | Closed |
Speakers | 74 | 74 (including 4 Keynotes) | 0 | 0 | 0 | Closed |
Event location | Final 88,500 net | 88,000 (excl VAT) | 0 | 79,999 (excl. VAT)/ Actualized 88,500 net | 0 | Closed |
Catering | Final: 68,214 (excl VAT) | 93,868 (excl VAT) | 0 | 83,868 (excl VAT) / Actualized 68,214.25 (excl VAT) | 0 | Closed |
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2023 Global AppSec DC Status: On Track
(Estimated total profit: $250,000)
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | 88 | 1000 | | 0 | | On track |
Trainees | 6 | 60 | 106,250 | 0 | $106,250 | On track |
Trainers | 7 | 6 | 0 | $95,000 | 0 | On track |
Sponsors | 38 | 45 | $275,000 | 0 | $275,000 | On track Current:$580,450 |
Speakers | 3 | 76 | 0 | $4,000 | 0 | On track |
Venue | Complimentary with f&b | 0 | 0 | 0 | 0 | On track |
Catering | $175,000 (excl tax and grat) | $175,000 (excl tax and grat) | 0 | $175,000 (excl tax and grat) | 0 | On track |
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Global AppSec Singapore Status: Low Attendance
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | 10 | 100 | 30,000 | 0 | 30,000 | Low Attendance |
Trainees | 0 | 60 max | 10,000 | 0 | 10,000 | On Track |
Trainers | 0 | 3 | 0 | TBD | TBD | On Track |
Sponsors | 1 | 15 | $85,000 | 0 | $85,000 | Low Sponsors �Actual: $8,075 |
Speakers | TBD | TBD | TBD | TBD | TBD | On Track |
Event location or virtual platform | TBD | SGD 18,000 Rental | TBD | SGD 18,000 Rental | 0 | On Track |
Catering | TBD | Catering SGD 33,600 | TBD | Catering SGD 33,600 | 0 | On Track |
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owasp.org
OWASP 2023 SnowFROC Status: Completed
March 2, 2023 - Profit $17,020
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | 245 | 300 | $22,500.00 | 0 | $22,500.00 | Completed Total $18,389 |
Trainees | 70 | 100 | $12,500.00 | 0 | $12,500.00 | Completed |
Trainers | 4 | 0 | 0 | 0 | 0 | Completed |
Sponsors | 17 | 10 | $30,000.00 | 0 | $30,000.00 | Completed �Actual $57,500 |
Speakers | 17 | 0 | 0 | 0 | 0 | Completed |
Event location or virtual platform | $13,180.00 | $13,180.00 | 0 | $13,180.00 | -$13,180.00 | Completed |
Catering | $24,500.00 | $24,500.00 | $24,500.00 | $24,500.00 | -$24,500.00 | Completed |
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2023 BASC Status: Completed
April 1, 2023 - Profit $4,829
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | | 220 | 0 | 0 | 0 | Completed |
Trainees | n/a | n/a | n/a | n/a | n/a | Completed |
Trainers | n/a | n/a | n/a | n/a | n/a | Completed |
Sponsors | 10 | 7 | $10,000 | 0 | $10,000 | Completed �Actual $17,000 |
Speakers | 10 | 10 | 0 | 0 | 0 | Completed |
Event location | $0 - Microsoft is providing Venue as a sponsor | $0 - Microsoft is providing Venue as a sponsor | $0 - Microsoft is providing Venue as a sponsor | $0 - Microsoft is providing Venue as a sponsor | $0 - Microsoft is providing Venue as a sponsor | Completed |
Catering | | | | | | |
OWASP FOUNDATION
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OWASP 2023 AppSec Israel Status:
Completed
May 2023 - Loss $33,000
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | 800 | 1000 | 0 | 0 | 0 | Completed |
Trainees | 0 | 500 | 0 | 0 | 0 | Completed |
Trainers | Incl in speakers | Incl. in speakers | Incl. in speakers | Incl in speakers | Incl in speakers | Completed |
Sponsors | 24 | 20 | $227,000 | 0 | $227,000 | Completed�Actual $134,900 |
Speakers | 0 | 35 | 0 | 0 | 0 | Completed |
Event location or virtual platform | $66,303 | $66,303 | 0 | $66,303 | 0 | Completed |
Catering | $64,398 | $64,398 | 0 | $64,398 | 0 | Completed |
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German OWASP Days 2023 Status: Completed
(Profit: TBD) May 30-31, 2023
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | Final: 150 | 200 | 30,906.95 Euros | 0 | 30,906.95 Euros | Completed |
Trainees | TBD | 50 | 2,970.00 Euros | 0 | 2,970.00 Euros | Completed |
Trainers | TBD | 6 | 0 | 0 | 0 | Completed |
Sponsors | 12 | 6 | 9,100.00 Euros | 0 | 9,100.00 Euros | Completed |
Speakers | TBD | 8 | 0 | 0 | 0 | Completed |
Event location or virtual platform | 4,045.00 Euros | 4,045.00 Euros | 0 | 4,045.00 Euros | 0 | Completed |
Catering | 11,207.50 Euros | 11,207.50 Euros | 0 | 11,207.50 Euros | 0 | Completed |
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2023 AppSec Days PNW Status: Completed
(Profit: TBD) June 10, 2023
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | Final: 125 | 100 | $3,200 | 0 | $3,200 | Completed |
Trainees | n/a | n/a | n/a | n/a | n/a | Completed |
Trainers | n/a | n/a | n/a | n/a | n/a | Completed |
Sponsors | 11 | 16 | $19,600 | 0 | $19,600 | Completed |
Speakers | 2 | 2 | 0 | $1,000 | 0 | Completed |
Event location | $5,080 | $5,080 | 0 | $5,080 | 0 | Completed |
Catering | $9,200 | $9,200 | 0 | $9,200 | 0 | Completed |
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2023 LASCON Status:On Track
Oct. 24-27, 2023
| Current / Submitted | Projected / Budgeted | Budgeted Income | Budgeted Expense | Budgeted Profit | Status |
Attendees | 49 | 360 | $51,990 | 0 | $51,990 | On Track |
Trainees | 0 | 20 | $11,000 | 0 | $11,000 | On Track |
Trainers | 0 | tbd | tbd | $26,400 | tbd | On Track |
Sponsors | 11 | 26 | $121,500 | 0 | $121,500 | On Track Current:$49,750 |
Speakers | 0 | 52 | 0 | $4,750 | 0 | On Track |
Event location | $75,000 | $75,000 | 0 | 75,000 | 0 | On Track |
Catering | Incl in venue | Incl in venue | Incl in venue | Incl in venue | Incl in venue | On Track |
OWASP FOUNDATION
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