OWAPS 2020 Budget
Below please find the 2020 budget. We are forecasting a net-profit plan with about 50% growth in Revenue and Expenses. As in historical years, the success of Global Events drive the topline performance for the foundation. With the return to SF and Dublin, along with a full-time Events staff, we believe there is growth in FY20 in this category of the budget compared to FY19. These events not only fufull our mission of education and community, they often give Corporate Supportors additional incentive to financially support the OWAPS Foundation.
There is also a Comparison to FY19 forecasted actuals for your information.
Charity Spending Guidelines
Generally, it is best practice for non-profits to spend at least 80% of their funding on “Programs” - with the goal of getting to 85% or better. The FY20 budget forecasts the OWAPS Foundation will spend 83.6% of its funds on Programming. Given our modest revenue target compared to larger non-profits, this is a great accomplishment and directly reflects the alignment of our Operating Plan and Budget to our mission which includes promoting techniques and the importance of secure software, hosting and nurturing open source security projects, local chapters and advocacy, along with learning and educational gatherings.
APPROVED by Board of Directors for 2020 Income Conferences Registration Global AppSec Dublin $321,282 San Francisco $602,000 Global AppSec Training Dublin $187,000 San Francisco $382,500 AppSec Days $25,000 Regional Events AppSec California $150,000 AppSec Days AU $120,000 LASCON $95,000 Local Events $100,000 Event Sponsorships Global AppSec Dublin $495,000 San Francisco $725,000 Regional Events AppSec California $300,000 AppSec Days AU $75,000 LASCON $50,000 Local Events $135,000 Other Conferences Corporate Sponsorship $175,000 Membership Individual $143,750 Corporate $500,000 Donations Corporate $100,000 Individual $125,000 Online Training $75,000 Interest $5,000 Total Income $4,886,532 Expenses Conferences Global AppSec Dublin $665,467 San Francisco $607,034 Global AppSec Training Dublin $80,071 San Francisco $217,896 AppSec Days $60,000 Regional Events AppSec California $310,000 AppSec Days AU $125,000 LASCON $120,000 Local Events $200,000 Projects $50,000 Chapter Expenses $250,000 Marketing Local Partnerships $25,000 Global Partnerships $40,000 Online $25,000 Branding & Trademarks $25,000 Event Promotions $50,000 Public Relations $50,000 Travel Board F2F Meetings (2x/yr) $50,000 Projects Summit Travel Assistance $150,000 General Travel Assistance $25,000 Staff $75,000 Grants Legal & Insurance $10,000 Staffing General & Administration $157,000 Community & Membership Programs $682,000 Projects Marketing Events Management Fundraising & Development $210,200 Professional Services $120,000 SEO and Services for Web Migration $50,000 Bank Service Charges $66,000 Other G&A $60,000 Software/Internet/Hosting $10,000 Bad Debt $10,000 Total Expenses $4,575,668 P/L $310,864
Q1 Q2 Q3 Q4 Income $715,950 $333,450 $1,342,982 $2,453,800 Expenses $688,900 $623,350 $1,346,388 $1,665,780
Global AppSec San Francisco Budgeted P/L
Income Registrations $602,000 Training $382,500 Sponsorships $725,000 Total Income $1,709,500 Expenses Catering Conference $205,228 Training $64,896 Social Events $171,143 Expo $20,730 Meeting Room Rental Trainer Fees $153,000 A/V $86,600 Printing & Branding $16,600 Accommodation $22,966 Travel $19,400 Internet $32,475 Hard Goods $6,901 Marketing $25,000 Staff Services $100,000 Total Expenses $924,939 P/L $784,561
Global AppSec Dublin Budgeted P/L
Income Registrations €292,075 Training €170,000 Sponsorships €450,000 Total Income €912,075 Expenses Catering Conference €138,373 Training €11,061 Social Events €141,072 Expo €20,020 Meeting Room Rental €165,000 Trainer Fees €68,000 A/V €16,500 Printing & Branding €16,869 Accommodation €17,615 Travel €20,200 Internet €27,500 Hard Goods €6,463 Marketing €20,000 Staff Services €100,000 Total Expenses €768,672 P/L €143,403
Please note, Global AppSec events include at Staff Services charge back that when rolling up to the Foundational budget is already accounted for in Staffing Expenses.