2025-11-11T15:59:03+00:00 2024-12-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2024-01-01 237067291 INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION INC INFO 8472531545 1700 EAST GOLF ROAD STE 400 SCHAUMBURG IL 60173 Thomas Kyei-Boateng Treasurer & CFO 8476605714 2025-11-11 true true Mallory Fairless P10321579 3128997000 2025-11-11 2024 2025-03-06 01:10:19Z ISACA Thomas Kyei-Boateng 1700 EAST GOLF ROAD STE 400 SCHAUMBURG IL 60173 117534899 false X WWW.ISACA.ORG X 1969 CA The primary purpose of the association is to empower our members throughout their careers by providing comprehensive knowledge, skills, credentials, and access to a global community - ensuring they are well-prepared to meet today's challenges and drive tomorrow's innovations. 13 12 316 1574 279025 0 91006330 99825931 3014001 4007875 10807797 13290074 104828128 117123880 1265000 1050000 0 57623059 51478440 0 0 55900742 53789689 114788801 106318129 -9960673 10805751 151633411 176246194 54981874 62816167 96651537 113430027 X Information Systems Audit and Control Association (ISACA) serves individuals and enterprises by being a leading global provider of knowledge, certifications, community, advocacy and education on information systems assurance and security, governance, risk, privacy, and other related digital trust topics. Founded in 1969, ISACA sponsors international conferences, publishes the ISACA Journal, conducts and publishes research, provides benefits globally to more than 189,000 members in more than 188 countries and develops international information systems auditing and control standards. ISACA also administers the globally respected Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC), Certified Data Privacy Solutions Engineer (CDPSE), CSX Practitioner (CSX-P), Certified in Emerging Technology (CET) and Information. false false Information Systems Audit and Control Association's (ISACA) primary purpose is to serve its members and their organizations. One way ISACA does so is by helping members do their jobs better, offering them pragmatic guidance on how to safely and effectively implement technology. ISACA annually produces hundreds of knowledge assets in various formats, including print, digital, interactive (tools, audit programs), video and audio. In 2024, ISACA hosted a combination of in-person (ISACA Conference North America in Phoenix, USA, and ISACA Conference Europe in Dublin, Ireland) and virtual events. The association offers member benefits in the areas of professional development, community, mentoring and leadership and volunteer opportunities, and continually reviews and expands its portfolio of benefits to address the changing needs of members. Many member benefits are documented and further explained within the other responses on this form. ISACA added more than 39,000 new members in 2024. ISACA has 228 local chapters in 100 countries. Information technology (IT) is a rapidly changing industry, and it demands a commitment on the part of its practitioners to learn continuously and master new skills. Certification is one way to expand one's skill set and be recognized for doing so. Holding an ISACA professional certification demonstrates excellence in the topic and a commitment to remaining current and informed; it distinguishes an individual from his/her peers. ISACA offers several certification exams: Certified Information. Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC), Certified Data Privacy Solutions Engineer (CDPSE) and CSX Practitioner (CSX-P) designations. More recently, ISACA introduced stackable certificates that add up to a full certification for the Certified in Emerging Technology (CET) and Information Technology Certified Associate (ITCA) credentials. More than 210,000 CISAs have been certified since its inception in 1978; more than 100,000 CISMs have been certified since its inception in 2002; more than 10,000 CGEITs have been certified since its inception in 2007, more than 40,000 CRISCs have been certified since its inception in 2010 and more than 16,000 CDPSEs have been certified since its inception in 2020. ISACA, in collaboration with the Cloud Security Alliance, also offers a Certificate of Cloud Auditing Knowledge (CCAK). Additionally, ISACA offers an IT Audit Fundamentals Certificate, Cybersecurity Audit Certificate, IT Risk Fundamentals Certificate, Blockchain Fundamentals Certificate and Computing Fundamentals Certificate. In 2024, the ISACA education roster included virtual and in-person ISACA conferences in several regions covering a range of topics such as IT audit, IT governance, risk management, cybersecurity and data privacy. This was in addition to week-long training events focusing in-depth on one or two topics. ISACA is dedicated to monitoring the professional environment and developing new programs as needed to complement its established portfolio of events. The association has focused a considerable amount of effort on digital learning platforms, as it provides a way to cover emerging topics on a timely basis and offer low-cost education to a globally dispersed audience. ISACA targets two goals with its activities: helping professionals realize the positive potential of technology and inspiring confidence that enables innovation through technology. The association achieves those activities by providing information, standards, publications, and academic guidance (in addition to the items noted in the descriptions of program achievements 1, 2 and 3). The ISACA Journal is ISACA's official magazine. Issued bimonthly, and supplemented in the off months by online articles, the Journal seeks to enhance the proficiency and competitive advantage of its international readership by providing peer-reviewed managerial and technical guidance from experienced global authors. It is available in digital format on the website and via mobile app. ISACA also produces @ISACA, a biweekly electronic newsletter dedicated to ISACA news. The ISACA Bookstore offers a selection of peer-reviewed publications on professional topics of interest to ISACA members, at discounted prices. New selections are added regularly, to ensure the catalog remains current with changing trends and member needs. ISACA continues to expand the platforms and languages in which its content is available to its professional community. The Publications team provided translations of many of its publications, including certification exams, study aids, ISACA Journal articles, COBIT 2019 and other research publications. Languages included Chinese, Simplified, French, German, Japanese, Korean and Spanish. ISACA issues Information Systems Auditing Standards, Guidelines and Procedures, which provide prescriptive or suggested guidance on how audits should be undertaken. The standards, guidelines and procedures are continually reviewed to ensure that new ones are developed or existing ones are revised as needed to align with new regulations or technologies. 0 false false false false true false false false false true true true false false true true false true false true true false false false false false false true false true false false false false false false false false false false false false false false true true true true false false true X 83 0 true 316 true true true true EI CH false false false false true false X 13 12 false false true false true false true true true false true true true true true true true true true true false false CA IL X Thomas Kyei-Boateng 8472531545 1700 EAST GOLF ROAD SUITE 400 SCHAUMBURG IL 60173 Erik Prusch Secretary, Director, & CEO 40.0 1.0 X X 1020653 0 288762 ASAF WEISBERG DIRECTOR 6.0 0 X 0 0 0 BRENNAN BAYBECK Past Chair 2019-2020 6.0 0 X 0 0 0 GABRIELA HERNANDEZ-CARDOSO DIRECTOR 4.0 0 X 0 0 0 GREGORY J TOUHILL Past Chair 2021-2022 (Jan - July 2024) 6.0 0 X 0 0 0 Jamie Norton DIRECTOR (beg July 2024) 6.0 0 X 0 0 0 Jason Lau Director 6.0 0 X 0 0 0 John De Santis Chair 2023-2025 9.0 0 X 0 0 0 Massimo Migliuolo Director 6.0 0 X 0 0 0 MAUREEN O'CONNELL DIRECTOR 6.0 0 X 0 0 0 Niel Harper Director 6.0 1.0 X 0 0 0 PAM NIGRO Past Chair, 2022-2023 6.0 0 X 0 0 0 Stephen Gilfus Director 8.0 0 X 0 0 0 TRACEY DEDRICK Past Chair 2020-2021 6.0 0 X 0 0 0 Thomas Kyei-Boateng TREASURER & CFO 40.0 1.0 X 742465 0 122640 JULIA KANOUSE Chief Membership & Marketing Officer 40.0 0 X 501275 0 92953 SHANNON DONAHUE CHIEF CONTENT & PUBLISHING OFFICER 40.0 0 X 520865 0 80373 SIMONA ROLLINSON Chief Operating Officer 40.0 0 X 698976 0 119711 Ajay Barot Chief of Staff 40.0 0 X 497325 0 80485 Max Mccarty VP, APPLICATION ENGINEERING 40.0 0 X 328263 0 58213 Meeghan Ward Creeden CHIEF PEOPLE OFFICER 40.0 1.0 X 544760 0 47957 RONALD LEAR VP, FRAMEWORKS & MODELS 40.0 0 X 370156 0 62156 STEVEN MOLE VP, Global Sales 40.0 0 X 508844 0 77738 5733582 0 1030988 166 false true false Greenberg Traurig LLP 77 W Wacker Drive Suite 3100 Chicago IL 606014904 Legal Services 3133410 PSI Services LLC 18000 W 150th Street Olathe KS 66061 Testing Services 2568559 Google Inc 1600 Amphitheatre Parkway Mountain View CA 94043 Search engine/advertising 2348241 McKinsey & Company Inc 3 World Trade Center 175 Greenwich Street New York NY 10007 Strategic Consulting 2050000 Institute of Internal Auditors Inc 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 Certifications, Training, & Educations 1914313 95 0 Learning Products 611430 49815881 49815881 Enterprise assessment 611430 24338665 24338665 Membership 900099 22076665 22076665 Conference & Events 611430 3376533 3376533 218187 218187 0 0 99825931 3949528 3949528 67650 67650 0 0 95000 5188 41841 53159 5188 58347 58347 0 9124185 369178 8755007 8755007 Intercompany Dividend 900099 2649813 2649813 SPONSORSHIP 541800 1538579 1538579 ADVERTISING 900004 279025 279025 0 0 0 0 4467417 117123880 110119517 279025 6725338 X 1050000 4188673 38476184 1336926 4706986 2769671 3084920 230065 533866 187059 11452762 7263009 8788010 8629037 404997 1331655 2775019 2319248 4437911 210139 BAD DEBT 600000 Other Expenses 952757 MEMBER RECOGNITION 184118 Dues & Subscriptions 299465 105652 106318129 22354984 29873091 1729746 3147869 10778351 15278079 0 0 0 0 625485 576765 3024008 3824873 27796867 19153704 11018369 8643163 79928089 89511789 9040486 9970416 0 4428022 7535572 8705871 7884577 151633411 176246194 21503368 26681210 0 0 26982133 30661273 0 0 0 0 0 0 6491447 5436689 4926 36995 54981874 62816167 X 96651537 113430027 96651537 113430027 151633411 176246194 X 10805751 6055465 -82726 X false true true false false false false 22076665 533866 0 533866 662300 0 -128434 49518944 4220588 53739532 41794104 7724840 49518944 34563833 7230271 41794104 52026348 17462515 34563833 55324563 0 3298215 52026348 1.0 0.0 0.0 false false 1049893 618320 431573 78337 69712 8625 26668637 18465672 8202965 8643163 Closely-held equity interests Financial derivatives Alternative Investments 9970416 F 9970416 Federal Income Taxes Other Liabilities 36995 36995 X 123278738 6055465 -82726 5972739 117305999 187059 -369178 -182119 117123880 106500248 369178 369178 106131070 187059 0 187059 106318129 Schedule D, Part V, Line 4 Intended uses of endowment funds The Association's Board of Directors designated a portion of the organization's unrestricted net assets for contingency purposes in order to protect the organization against unforeseen global events and economic downturn. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ASSOCIATION AND THE INSTITUE HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 ("IRC"), AS ORGANIZATIONS DESCRIBED IN SECTIONS 501(C)(6) AND 501(C)(3), RESPECTIVELY, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. AS OF 31 DECEMBER 2024 AND 2023, THE ASSOCIATION AND THE INSTITUE DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS. IGI ACCOUNTED FOR INCOME TAXES PURSUANT TO THE ASSET AND LIABILITY METHOD WHICH REQUIRES DEFERRED INCOME TAX ASSETS AND LIABILITIES TO BE COMPUTED ANNUALLY FOR TEMPORARY DIFFERENCES BETWEEN THE FINANCIAL STATEMENT AND TAX BASES OF ASSETS AND LIABILITIES THAT WILL RESULT IN TAXABLE OR DEDUCTIBLE AMOUNTS IN THE FUTURE BASED ON ENACTED TAX LAWS AND RATES APPLICABLE TO THE PERIODS IN WHICH THE TEMPORARY DIFFERENCES ARE EXPECTED TO AFFECT TAXABLE INCOME. DEFERRED TAX ASSETS WHICH AROSE PRIMARILY FROM NET OPERATING LOSS CARRYFORWARDS FOR FEDERAL AND STATE INCOME TAX PURPOSES, RELATED TO IGI AND OIT, ARE NOT EXPECTED TO BE REALIZABLE AND THEREFORE HAVE A VALUATION ALLOWANCE FOR THE FULL AMOUNT OF THE RELATED DEFERRED TAX ASSET RECORDED. THE ASSOCIATION'S, THE FOUNDATION'S, AND IGI'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO 2021 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FX Loss - -82726 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Cost of Goods Sold - -369178 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of Goods Sold - 369178 Europe (Including Iceland and Greenland) 1 1 Conducting board meetings Board Meetings - Spain Q4 2024 394561 East Asia and the Pacific 0 0 Conducting board meetings Board Meetings - Japan Q2 325372 Europe (Including Iceland and Greenland) 0 0 Program Services European Conference 439899 1 1 0 0 1 1 1159832 0 1159832 true false true false false true Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual true ISACA FOUNDATION 1700 E Golf Rd Suite 400 Schaumburg IL 601735820 834605433 501(c)(3) 1050000 GENERAL SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ISACA'S Funding for New Chapters Program (U.S. and Worldwide): Chapters are an integral part of ISACA's success and future vision. Through its chapter network, ISACA provides members with education, resource sharing, advocacy, professional networking, and a host of other benefits at the local level. ISACA provides new chapters funding in the amount of US $2,000 to assist with chapter startup activities. This funding may be used for chapter administrative fees, a kick-off event, to build reserves, etc. The requirements are that the chapter needs to, 1) be registered locally, and 2) have a bank account in the chapter's name. Due to close working relationship with ISACA Foundation, ISACA is able to ensure the funds are used for the intended purposes. X X X X X true true false Erik Prusch Secretary, Director, & CEO 792253 0 222466 0 5934 0 239220 0 49542 0 1309415 0 0 0 Thomas Kyei-Boateng TREASURER & CFO 335823 0 376000 0 30642 0 68505 0 54135 0 865105 0 0 0 SHANNON DONAHUE CHIEF CONTENT & PUBLISHING OFFICER 329958 0 189227 0 1680 0 34664 0 45709 0 601238 0 0 0 JULIA KANOUSE Chief Membership & Marketing Officer 356864 0 107513 0 36898 0 52865 0 40088 0 594228 0 0 0 SIMONA ROLLINSON Chief Operating Officer 378972 0 285000 0 35004 0 70935 0 48776 0 818687 0 0 0 Ajay Barot Chief of Staff 318759 0 177500 0 1066 0 35490 0 44995 0 577810 0 0 0 RONALD LEAR VP, FRAMEWORKS & MODELS 277468 0 88577 0 4111 0 14261 0 47895 0 432312 0 0 0 Max Mccarty VP, APPLICATION ENGINEERING 262805 0 64582 0 876 0 11700 0 46513 0 386476 0 0 0 STEVEN MOLE VP, Global Sales 264401 0 241913 0 2530 0 33353 0 44385 0 586582 0 0 0 Meeghan Ward Creeden CHIEF PEOPLE OFFICER 229337 0 197300 0 118123 0 10882 0 37075 0 592717 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment DUE TO CONFIDENTIALITY AGREEMENTS THAT HAVE BEEN SIGNED, WE ARE PROHIBITED FROM DISCLOSING SPECIFIC AMOUNTS FOR EACH PERSON. HOWEVER, TO THE EXTENT SUCH AMOUNTS WERE CONSTRUCTIVELY RECEIVED IN THE CURRENT YEAR, THEY HAVE BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (B). Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan In 2024, the following individuals participated in a 457(f) plan and received plan payments as follows: Julia Kanouse $35,673 Thomas Kyei-Boateng $29,864 Simona Rollinson $31,392 In 2024, the following individuals received a contribution into the plan: Julia Kanouse $31,020 Thomas Kyei-Boateng $28,765 Simona Rollinson $30,675 Ajay Barot $19,240 Shannon Donahue $19,100 Erik Prusch $221,970 Form 990, Part III, Line 1 Organization's mission continued Technology Certified Associate (ITCA) designations. ISACA also supports development, update and education activities related to COBIT 2019, a framework for customizing and right-sizing enterprise governance of information and technology. ISACA's Capability Maturity Model Integration (CMMI) models help organizations shift from a compliance- and process-based improvement model to a flexible framework of best practices that provides demonstrable and measurable capability performance improvement results. Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $) ISACA targets two goals with its activities: helping professionals realize the positive potential of technology and inspiring confidence that enables innovation through technology. The association achieves those activities by providing information, standards, publications, and academic guidance (in addition to the items noted in the descriptions of program achievements 1, 2 and 3). The ISACA Journal is ISACA's official magazine. Issued bimonthly, and supplemented in the off months by online articles, the Journal seeks to enhance the proficiency and competitive advantage of its international readership by providing peer-reviewed managerial and technical guidance from experienced global authors. It is available in digital format on the website and via mobile app. ISACA also produces @ISACA, a biweekly electronic newsletter dedicated to ISACA news. The ISACA Bookstore offers a selection of peer-reviewed publications on professional topics of interest to ISACA members, at discounted prices. New selections are added regularly, to ensure the catalog remains current with changing trends and member needs. ISACA continues to expand the platforms and languages in which its content is available to its professional community. The Publications team provided translations of many of its publications, including certification exams, study aids, ISACA Journal articles, COBIT 2019 and other research publications. Languages included Chinese, Simplified, French, German, Japanese, Korean and Spanish. ISACA issues Information Systems Auditing Standards, Guidelines and Procedures, which provide prescriptive or suggested guidance on how audits should be undertaken. The standards, guidelines and procedures are continually reviewed to ensure that new ones are developed or existing ones are revised as needed to align with new regulations or technologies. Form 990, Part VI, Line 4 Significant changes to organizational documents Amended Section 3.1 (a) and (b): Qualifications and Classes of Membership and Non-Voting Members: Simplify Voting Membership Classes by stating that "Unless changed by an amendment to these Bylaws, the Corporation shall have one class of Voting Members, which shall be referred to as a 'Professional Membership.'" It removes the explicit references to "Voting Member Classes Document "Membership Qualifications Document." Amended Section 4.5: Composition of the Board: The requirement for the fourth most recent Chair of the Corporation to serve on the Board was removed, so that now the three most recent past chairs serve on the Board. Form 990, Part VI, Line 6 Classes of members or stockholders ISACA maintains a membership of individuals; there is no corporate membership category. Anyone interested in the purposes and objectives of the association is eligible for membership. The vast majority of ISACA members also belong to a local chapter (membership in ISACA is required for anyone holding membership in a chapter. A member-at-large category exists for individuals who wish to join ISACA but who live at such a distance from a local chapter that attendance at meetings is prohibitive). Student and recent graduate member categories are offered as well. ISACA's membership is characterized by diversity. Members of ISACA's professional community live and work in more than 188 countries and run the gamut of job titles, including information system auditor, consultant, educator, information security manager, regulator, chief information officer, internal and external auditor, compliance officer, risk manager and student. Some are new to the field, while others are at middle management levels or senior ranks. They work in finance and banking, public accounting, hospitality, healthcare, government and the public sector, utilities, manufacturing, and retail. ISACA members embrace this diversity as providing a vast learning ground where they may delve into the challenges and opportunities faced by colleagues in other countries, positions, or industries. ISACA also manages a mentorship program to help its community further interact and learn from one another. ISACA recognizes that its members constitute an extensive and varied pool of expertise; expertise the association counts on to help provide services and products that engender credibility and capability in its constituents. The more members, the more expertise; the more expertise, the better the ability to meet the needs of its professional community. ISACA's members are its most valuable asset. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders All members in good standing shall have the right to vote on the disposition of all or substantially all of the assets of the Corporation, on any merger and its principal terms and any amendment of those terms, and on any election to dissolve the Corporation. In addition, members shall have all rights afforded to members under the California Corporations Code. If the Corporation is dissolved, assets, exclusive of those held in charitable trust, remaining after payment or provision for payment of the obligations and debts of the Corporation and provision for any other payment required under applicable law shall be distributed as provided in the Corporation's Articles of Incorporation. Form 990, Part VI, Line 11b Review of form 990 by governing body The 2024 Form 990 for Information Systems Audit and Control Association Inc. (ISACA) was prepared by Crowe LLP (Crowe), based upon information provided by ISACA. This document summarizes the review points and availability associated with the returns. The data for the return was compiled based on information prepared for the 2024 audit, as well as other accounting records. This information was submitted to Crowe for preparation of the returns. In addition to the financial information Crowe received, Crowe had an opportunity to raise questions about governance and other issues and request additional information as needed. The narrative explanations of program accomplishments and policies were coordinated with the applicable Directors and members of the Executive Team. Upon completion of the return, several layers of review were conducted: - Initial reviews of return: The initial review of the completed return was completed by the respective staff within the Finance Department. - Senior Management review: Following the initial review, the Senior Leadership Team including the CEO were provided a copy of the return for comment. The CEO, CFO, and Vice President of People and culture also provided an additional review of the compensation-related areas. Comments were forwarded to Crowe for incorporation into the return. - Board and Committee Review: - The Board of Directors were provided access to the return via Board Effect (web site) prior to its filing. Comments from these reviews were evaluated and provided to Crowe, who updated the return, as applicable. Form 990, Part VI, Line 12c Conflict of interest policy Information Systems Audit and Control Association, Inc. (ISACA) has a conflict of interest policy that defines an interested person as any Director, Officer, or member of a committee with governing Board delegated power. An Independent Director is defined as described in the instructions for the IRS 990 form, or in the absence of such definition as an individual who has not in the past three years been an employee of ISACA or any entity in which ISACA has an interest; who does not have a significant business relationship with ISACA which could impact independent decision making; who does not serve as the executive of another corporation where any of ISACA's executive officers or employees serve on that corporation's compensation committee and who does not have an immediate family member who is an executive officer or employee of ISACA or who holds a position that has a significant financial relationship with ISACA. Such policy also directs Board members and others to keep in confidence all ISACA confidential information; requires Board members and others to disclose arrangements that may propose a conflict of interest so that the Conflict of Interest Panel comprised of the Nominating & Governance Committee Chair, Board Chair and ISACA CEO may evaluate such arrangements. Further, this policy details the procedures that must be used in considering a conflict of interest, periodic reviews of any compensation arrangements and other partnerships. Potential conflicts of interest are documented and monitored each year, through (1) self-proclamations made by individual volunteers who sign the participation agreements required for participation in association boards, committees, working groups and task forces; (2) disclosure of conflicts in standard consulting agreements; and (3) disclosure by ISACA employees upon hire (and annually) by review and signature of the organization's employee agreement. Consultants, volunteers, and employees are encouraged to report any conflicts that may arise throughout the year. If such instances are reported, they are dealt with at that time and based on the circumstances relating to the potential conflict. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation philosophy of Information Systems Audit and Control Association (ISACA), which is affirmed by the Board of Directors, should facilitate ISACA's ability to attract, motivate and retain quality staff. The compensation philosophy is supported by use of an independent compensation consulting firm and the establishment of a Compensation Committee composed of independent members of the Board of Directors (current Board Chairman, Board Chair-Elect and two immediate Past Board Chairs). Based on the compensation philosophy, the compensation range for the CEO is developed by the compensation consultant and reported to the Committee. Ranges are calculated based on position responsibilities and a blend of the not-for-profit and for-profit sectors, which reflects the labor market in which ISACA competes for executive talent: 60% for-profit organizations and 40% not-for-profit organizations. The final report of the compensation consultant as accepted by the Committee, the compensation philosophy, and contract (if applicable) then serve as the basis for the determination of compensation, consisting of base salary, incentives, total cash compensation and benefits. Determination for executive management is made by the CEO based upon the accepted compensation ranges and approved by the Compensation Committee. Determination for the CEO is made by the Compensation Committee. The total remuneration packages for the CEO are reviewed annually by the Compensation Committee. Updated market studies on the value of these roles and responsibilities is provided by compensation consultants. Gathering the information necessary to evaluate the market competitiveness of ISACA's compensation; provide data on executive compensation from a control and governance standpoint; and facilitate ISACA's compensation philosophy, accomplish organizational objectives and provide value to its constituents, which ISACA considers critically important to its future. The deliberations and decision-making regarding setting compensation is documented in the minutes of the compensation committee's meeting. Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation philosophy of Information Systems Audit and Control Association (ISACA), which is affirmed by the Board of Directors, should facilitate ISACA's ability to attract, motivate and retain quality staff. The compensation philosophy is supported by use of an independent compensation consulting firm and the establishment of a Compensation Committee composed of independent members of the Board of Directors (current Board Chairman, Board Chair-Elect and two immediate Past Board Chairs). Based on the compensation philosophy, the compensation ranges were developed in partnership with an external compensation firm with compensation variances to the ranges provided to the executive leader and CEO. The compensation framework is grounded in our organizational objectives and designed to support fairness, transparency, and accountability. Compensation for staff positions is primarily supported by not-for-profit market data. In cases where a direct not-for-profit match is unavailable, a blended data approach was used, incorporating both not-for-profit and for-profit market data to reflect the roles ISACA competes for in the broader talent market. Typically resulting in a market data split of: 60% for-profit organization and 40% not-for-profit organization. The compensation for all staff is formally reviewed every three to five years except if there is a change in control, merger and/or acquisition, or other activity that changes roles and responsibilities; then performed as needed. Market aging data is evaluated annually during the renewal cycle to ensure relevance, with a practice of aging data every 2-3 years based on market trends to maintain appropriate salary ranges and competitiveness. THE DELIBERATIONS AND DECISION-MAKING REGARDING SETTING COMPENSATION IS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE'S MEETING. Form 990, Part VI, Line 19 Required documents available to the public Documents which are required to be made available to the public, pursuant to IRS §6104, are available upon request. Additionally, the following documents are posted to the Information Systems Audit and Control Association, Inc. (ISACA) web site or provided upon request: participation agreement, intellectual property (IP) waiver, articles of incorporation, bylaws, and annual report. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Revenue - Total Revenue: 218187, Related or Exempt Function Revenue: 218187, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Fees Other Professional Services - Total Expense: 10315191, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Recruitment - Total Expense: 273649, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Translation Services - Total Expense: 678779, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Office Admin Services - Total Expense: 185143, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Foreign Exchange gain/loss - -82726; Total - -82726; CMMI INSTITUTE LLC 1700 E GOLF RD SUITE 400 SCHAUMBURG IL 60173 300750321 TRAINING/CONSULTING PA 0 0 ISACA ISACA FOUNDATION 1700 EAST GOLF ROAD SUITE 400 SCHAUMBURG IL 60173 834605433 EDUCATION DE 501(c)(3) Type I ISACA true ISACA Global Inc 1700 East Golf Road Suite 400 Schaumburg IL 60173 814641778 Holding Company DE ISACA C Corporation 1270286 1 true ISACA EUROPE LIMITED 2 GRAND CANAL SQUARE 6TH FLOOR DUBLIN EI IEDD02 Foreign Operations EI ISACA C Corporation 196860 427332 1 true false true false true true true false false false false false false false true true false true true true ISACA Global Inc E 337245 ACCRUAL ISACA Foundation B 1050000 ACCRUAL ISACA Global Inc F 2649813 ACCRUAL ISACA Europe Limited E 1711965 ACCRUAL ISACA Foundation E 110506 ACCRUAL