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Software Assurance Forum for Excellence in Code

EIN 20-8978364 · Wakefield, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceGood72 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE SOFTWARE ASSURANCE FORUM FOR EXCELLENCE IN CODE (SAFECODE) IS EXCLUSIVELY DEDICATED TO INCREASING TRUST IN INFORMATION AND COMMUNICATIONS TECHNOLOGY PRODUCTS AND SERVICES THROUGH THE ADVANCEMENT OF EFFECTIVE SOFTWARE ASSURANCE METHODS.

Income
$182,539
Spending
$159,079
Spent on programs
74%
Reserves
26 months of spending
Largest source of income
donations and private grants, 98%
Employees
0
Volunteers
10

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 62% of charities in its peer group (science, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 26.0 months of spending.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    0 of 15

    Income fell 30% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 72 out of 100. Higher than 58% of charities in its peer group (science, under $250k).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $117,137 spent. A CENTER OF INDUSTRY EXPERTISE ON SOFTWARE ASSURANCE AND INTEGRITY CONTROLS RELATED TO HARDWARE, SOFTWARE, AND SERVICES AND ITS MISSION INCLUDES WORKING TO IMPROVE PRACTICES WITHIN AND AMONG IT VENDORS AND RAISING AWARENESS AMONG GOVERNMENTS AND CRITICAL INFRASTRUCTURE PROVIDERS AND LARGE ENTERPRISES. SAFECODE FUNCTIONS SHALL INCLUDE BUT NOT BE LIMITED TO: IDENTIFYING AND SHARING KNOWLEDGE REGARDING SOFTWARE DEVELOPMENT AND PRODUCT INTEGRITY BEST PRACTICES, TECHNIQUES AND TOOLS, AS APPROPRIATE; EVANGELIZING AND PROMOTING SECURE DEVELOPMENT METHODS AND INTEGRITY CONTROLS WITHIN AND AMONG TECHNOLOGY PROVIDERS; EDUCATING OWNER AND OPERATORS OF LARGE ENTERPRISES ABOUT THE SOFTWARE DEVELOPMENT METHODS AND INTEGRITY CONTROLS USED IN DESIGNING, DEVELOPING AND DELIVERING IT PRODUCTS AND SERVICES; PROVIDING INFORMATION TECHNOLOGY ASSOCIATIONS WITH TECHNICAL MATERIALS AND GUIDES THAT CAN RAISE AWARENESS ABOUT IT VENDOR EFFORTS AND ENHANCE GOVERNMENT AND ENTERPRISE SECURITY AND RISK MANAGEMENT EFFORTS; DEVELOPING AND RECOMMENDING IMPROVEMENTS IN EDUCATIONAL CURRICULA; IDENTIFYING AND PROMOTING RELEVANT METRICS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.