Form

990

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)| Do not enter social security numbers on this form as it may be made public.
| Information about Form 990 and its instructions is at www.irs.gov/form990.
A For the 2016 calendar year, or tax year beginningand ending

Department of the Treasury
Internal Revenue Service

C Name of organization

B Check if

applicable:
AddresschangeNamechangeInitialreturnFinalreturn/terminated
AmendedreturnApplication
pending

Doing business as
Number and street (or P.O. box if mail is not delivered to street address)

1200-C AGORA DRIVE

Activities & Governance
Revenue
Expenses
Net Assets orFund Balances

20-0963503
Room/suite E Telephone number

232City or town, state or province, country, and ZIP or foreign postal code

21014

F Name and address of principal officer:MATT

SAME AS C ABOVE
501(c) (I Tax-exempt status: X 501(c)(3)
WWW.OWASP.ORG
J Website: |Trust
K Form of organization: X Corporation
Part I Summary
1

2016Open to Public
Inspection

D Employer identification number

THE OWASP FOUNDATION, INC.

BEL AIR, MD

OMB No. 1545-0047

KONDA

G
H(a) Is this a group return

Yes X No
Yes
No
527
If "No," attach a list. (see instructions)
H(c) Group exemption number |Yearofformation: 2004 M State of legal domicile: MDLfor subordinates? ~~H(b) Are all subordinates included?

) § (insert no.)
Association

781-876-8914
2,477,297.

Gross receipts $4947(a)(1) or
Other |

Briefly describe the organization's mission or most significant activities: OWASP'SMISSION IS TO MAKE
SOFTWARE SECURITY VISIBLE, SO THAT INDIVIDUALS AND ORGANIZATIONS

2 Check this box |if the organization discontinued its operations or disposed of more than 25% of its net assets.
7
3 Number of voting members of the governing body (Part VI, line 1a) ~~~~~~~~~~~~~~~~~~~~
3
7
4 Number of independent voting members of the governing body (Part VI, line 1b) ~~~~~~~~~~~~~~
4
10
5 Total number of individuals employed in calendar year 2016 (Part V, line 2a) ~~~~~~~~~~~~~~~~
513000
6 Total number of volunteers (estimate if necessary) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6
1,527.
7 a Total unrelated business revenue from Part VIII, column (C), line 12 ~~~~~~~~~~~~~~~~~~~~ 7a527.
b Net unrelated business taxable income from Form 990-T, line 34 •••••••••••••••••••••• 7b
Prior Year
Current Year
1,004,171.
1,393,009.
8 Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~
1,405,133.
1,082,761.
9 Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~
0.
0.
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ~~~~~~~~~~~~~
68,880.
1,527.
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~
2,478,184.
2,477,297.
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) •••0.
0.
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) ~~~~~~~~~~~
0.
0.
14 Benefits paid to or for members (Part IX, column (A), line 4) ~~~~~~~~~~~~~
390,606.
520,455.
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) ~~~0.
0.
16a Professional fundraising fees (Part IX, column (A), line 11e)~~~~~~~~~~~~~~
68,137.
|b Total fundraising expenses (Part IX, column (D), line 25)
1,745,721.
1,504,957.
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) ~~~~~~~~~~~~~
2,136,327.
2,025,412.
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) ~~~~~~~
341,857.
451,885.
19 Revenue less expenses. Subtract line 18 from line 12 ••••••••••••••••
Beginning of Current YearEnd of Year949,141.
1,453,903.
20 Total assets (Part X, line 16) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
243,259.
261,995.
21 Total liabilities (Part X, line 26) ~~~~~~~~~~~~~~~~~~~~~~~~~~~
705,882.
1,191,908.
22 Net assets or fund balances. Subtract line 21 from line 20 ••••••••••••••Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it istrue, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign
Here

= MATT KONDA, CHAIRMAN=
Signature of officer

DateType or print name and title

Print/Type preparer's namePreparer's signature

Date

Check

PTIN

THOMAS F. MULDOON, CPA
THOMAS F. MULDOON, C11/13/17 ifself-employed P01561688
ALEXANDER, ARONSON, FINNING & CO., P.C.
04-2571780
Firm's nameFirm's EIN
50 WASHINGTON STREET
Firm's address
WESTBOROUGH, MA 01581
Phone no.508-366-9100
X Yes
May the IRS discuss this return with the preparer shown above? (see instructions) •••••••••••••••••••••
No
632001 11-11-16
LHA For Paperwork Reduction Act Notice, see the separate instructions.
Form 990 (2016)
SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION
Paid
Preparer
Use Only

999

THE OWASP FOUNDATION, INC.
Part III Statement of Program Service Accomplishments

20-0963503

Form 990 (2016)

1

2

3
4

4a

4b

4c

Page 2Check if Schedule O contains a response or note to any line in this Part III ••••••••••••••••••••••••••••
Briefly describe the organization's mission:X

TO BE THE THRIVING GLOBAL COMMUNITY THAT DRIVES VISIBILITY ANDEVOLUTION IN THE SAFETY AND SECURITY OF THE WORLD'S SOFTWARE.

Did the organization undertake any significant program services during the year which were not listed on theprior Form 990 or 990-EZ? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Yes X No
If "Yes," describe these new services on Schedule O.
Did the organization cease conducting, or make significant changes in how it conducts, any program services?~~~~~~Yes X No
If "Yes," describe these changes on Schedule O.
Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, andrevenue, if any, for each program service reported.
700,404. including grants of $(Code:) (Expenses $) (Revenue $)THE OWASP FOUNDATION IS A NONPROFIT ORGANIZATION THAT SPANS OVER
100 COUNTRIES GLOBALLY. WITH A COMMUNITY OF 42,000+. WE ARE THE
LARGEST APPLICATION SECURITY COMMUNITY IN THE WORLD. THISORGANIZATION IS ENTIRELY FUNDED THROUGH THE GENEROUS DONATIONS OFOUR SUPPORTERS, CORPORATE AND INDIVIDUAL MEMBERS, AND THE PROCEEDSOF OUR CONFERENCE EVENTS. OVER THE PAST YEAR OWASP HAS GROWN TO 250+
ACTIVE CHAPTERS OPEN SOURCE PROJECTS & TOOLS - WORLDWIDE. WE'VE REACHEDNEARLY 4,000 DEVELOPERS AND SECURITY PROFESSIONALS THROUGH OUR GLOBALAPPLICATION SECURITY CONFERENCES. ADDITIONALLY, WE'VE MADE TREMENDOUS
STRIDES IN OUR OVER 100 OPEN SOURCE PROJECTS AND TECHNICAL MATERIALS.

IN 2016 THE OWASP PROJECT WORK INCLUDED THE FOLLOWING PUBLIC RELEASES:
190,911. including grants of $370,434. )(Code:) (Expenses $) (Revenue $COMMUNITY OUTREACH AND INTERNATIONAL EDUCATION - OVER THE PASTYEAR OWASP HAS GROWN AND IS NOW REPRESENTED BY OVER 250 CHAPTERS IN 100
DIFFERENT COUNTRIES AROUND THE WORLD. WE'VE REACHED NEARLY 4,000
DEVELOPERS AND SECURITY PROFESSIONALS THROUGH OUR COMMUNITY GLOBALAPPLICATION SECURITY CONFERENCES THAT PROVIDE TRAINING AND SIGNIFICANTHANDS-ON EXPERIENCE WITH OUR OPEN SOURCE PROJECTS.

880,523. including grants of $712,327. )) (Expenses $) (Revenue $ONE OF THE STRENGTHS OF OUR ORGANIZATION IS THE DIVERSITY OF OURCOMMUNITY. THE FOUNDATION STRIVES TO EXPAND THIS DIVERSE KNOWLEDGE,PROVIDING OPPORTUNITIES FOR INTERNATIONAL COLLABORATION, EDUCATION, AND
PROBLEM SOLVING. GLOBAL APSEC CONFERENCES ARE OUR FLAGSHIP GATHERINGS.
EACH YEAR. TEAMS OF VOLUNTEERS WORK TO DEVELOP MULTI-DAY EVENTS.
DYNAMIC SPEAKERS, WORLD RENOWNED TRAINERS, INDUSTRY LEADERS, AND
RESEARCH PIONEERS GATHER TO SHARE INFORMATION. IN 2016 WE HELD GLOBALAPSEC CONFERENCES IN WASHINGTON D.C., AND ROME ITALY.
(Code:IN ADDITION TO THE GLOBAL CONFERENCES, OVER 30 DIFFERENT LOCAL TEAMSWORKED TO BRING THE MISSION AND VISION OF OWASP TO THEIR CITIES BYHOLDING FREE TRAININGS. OWASP CONTINUES TO SUPPORT OUTREACH EVENTS IN
4d4eOther program services (Describe in Schedule O.)
including grants of $(Expenses $1,771,838.
Total program service expenses |632002 11-11-16) (Revenue $SEE SCHEDULE O FOR CONTINUATION(S))
Form 990 (2016)

THE OWASP FOUNDATION, INC.
Part IV Checklist of Required Schedules

Form 990 (2016)20-0963503

Page 3
Yes

1
2
3
4
5
6
7
8
9

10
11
a
b
c
d
e
f
12a
b
13
14a
b

15
16
17
18
19

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Is the organization required to complete Schedule B, Schedule of Contributors? ~~~~~~~~~~~~~~~~~~~~~~
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
public office? If "Yes," complete Schedule C, Part I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effectduring the tax year? If "Yes," complete Schedule C, Part II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, orsimilar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III ~~~~~~~~~~~~~~
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right toprovide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II~~~~~~~~~~~~~~
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete
Schedule D, Part III ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for
amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D, Part IV ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanentendowments, or quasi-endowments? If "Yes," complete Schedule D, Part V ~~~~~~~~~~~~~~~~~~~~~~~~
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X
as applicable.
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D,
Part VI ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII ~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII ~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported inPart X, line 16? If "Yes," complete Schedule D, Part IX ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X ~~~~~~
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X ~~~~
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional ~~~~~Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ~~~~~~~~~~~~~~
Did the organization maintain an office, employees, or agents outside of the United States? ~~~~~~~~~~~~~~~~
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? If "Yes," complete Schedule F, Parts I and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If "Yes," complete Schedule F, Parts II and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance toor for foreign individuals? If "Yes," complete Schedule F, Parts III and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1c and 8a? If "Yes," complete Schedule G, Part II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes,"
complete Schedule G, Part III •••••••••••••••••••••••••••••••••••••••••••••••

632003 11-11-16

1
2

No

X
X

3

X

4

X

5

X

6

X

7

X

8

X

9

X

10

X

11a

X

11b

X

11c

X

11d
11e

X
X

11f

X
X

12a
12b
13
14a

X

X
X

14b

X

15

X

16

X

17

X

18

X

X
19
Form 990 (2016)

THE OWASP FOUNDATION, INC.
Part IV Checklist of Required Schedules (continued)

Form 990 (2016)20-0963503

20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H ~~~~~~~~~~~~~~~~b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ~~~~~~~~~~
21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization ordomestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II ~~~~~~~~~~~~~~
22
23

24a

b
c
d
25a
b

26

27

28
a
b
c
29
30
31
32
33
34
35a
b
36
37
38

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III ~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete
Schedule J ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of thelast day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete
Schedule K. If "No", go to line 25a ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? ~~~~~~~~~~~
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any tax-exempt bonds? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? ~~~~~~~~~~~
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ~~~~~~~~~~~~~~~~Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, andthat the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete
Schedule L, Part I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current orformer officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes,"
complete Schedule L, Part II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family memberof any of these persons? If "Yes," complete Schedule L, Part III ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ~~~~~~~~~~~
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ~~An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,
director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV~~~~~~~~~~~~~~~~~~~~~
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M ~~~~~~~~~
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions? If "Yes," complete Schedule M ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization liquidate, terminate, or dissolve and cease operations?
If "Yes," complete Schedule N, Part I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I ~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, andPart V, line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a controlled entity within the meaning of section 512(b)(13)? ~~~~~~~~~~~~~~~~~~
If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity
within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ~~~~~~~~~~~~~~~~~~~
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes," complete Schedule R, Part V, line 2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization conduct more than 5% of its activities through an entity that is not a related organizationand that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI ~~~~~~~~
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19?
Note. All Form 990 filers are required to complete Schedule O •••••••••••••••••••••••••••••••

632004 11-11-16

Page 4
Yes

20a
20b

No

X

21

X

22

X

23

X
X

24a
24b
24c
24d
25a

X

25b

X

26

X

27

X

28a
28b

X
X

28c
29

X
X

30

X

31

X

32

X

33

X

34
35a

X
X

35b
36

X

37

X

X
38
Form 990 (2016)

THE OWASP FOUNDATION, INC.
Statements Regarding Other IRS Filings and Tax Compliance

Form 990 (2016)

Part V

20-0963503

Page 5Check if Schedule O contains a response or note to any line in this Part V •••••••••••••••••••••••••••Yes
9
1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ~~~~~~~~~~~
1a0b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable ~~~~~~~~~~
1b
Did
the
organization
complywithbackupwithholding
rules
for
reportablepayments
tovendorsandreportable
gamingc
X(gambling) winnings to prize winners? •••••••••••••••••••••••••••••••••••••••••••
1cNo

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
10
filed for the calendar year ending with or within the year covered by this return ~~~~~~~~~~
2aX
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?~~~~~~~~~~
2be-fileNote. If the sum of lines 1a and 2a is greater than 250, you may be required to(see instructions) ~~~~~~~~~~~
X
3a Did the organization have unrelated business gross income of $1,000 or more during the year? ~~~~~~~~~~~~~~
3a
X
If
"No,"
to
line
3b,
provideanexplanationin
ScheduleOb If "Yes," has it filed a Form 990-T for this year?
~~~~~~~~~~
3b
4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, aXfinancial account in a foreign country (such as a bank account, securities account, or other financial account)?~~~~~~~
4aJ
b If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
X
5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ~~~~~~~~~~~~
5aX
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?~~~~~~~~~
5bc If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
5c
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicitX
any contributions that were not tax deductible as charitable contributions? ~~~~~~~~~~~~~~~~~~~~~~~~
6ab If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6b
7 Organizations that may receive deductible contributions under section 170(c).
X
a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7aXb If "Yes," did the organization notify the donor of the value of the goods or services provided? ~~~~~~~~~~~~~~~
7bc Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was requiredX
to file Form 8282? ••••••••••••••••••••••••••••••••••••••••••••••••••••
7c
d If "Yes," indicate the number of Forms 8282 filed during the year ~~~~~~~~~~~~~~~~
7d
X
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ~~~~~~~
7eX
f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ~~~~~~~~~
7f
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?~7g
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h
8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by thesponsoring organization have excess business holdings at any time during the year? ~~~~~~~~~~~~~~~~~~~
8
9 Sponsoring organizations maintaining donor advised funds.
a Did the sponsoring organization make any taxable distributions under section 4966? ~~~~~~~~~~~~~~~~~~~
9ab Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? ~~~~~~~~~~~~~
9b
10 Section 501(c)(7) organizations. Enter:a Initiation fees and capital contributions included on Part VIII, line 12 ~~~~~~~~~~~~~~~ 10ab Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities ~~~~~~ 10b
11 Section 501(c)(12) organizations. Enter:a Gross income from members or shareholders ~~~~~~~~~~~~~~~~~~~~~~~~~~ 11ab Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 11b
12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12ab If "Yes," enter the amount of tax-exempt interest received or accrued during the year •••••• 12b
13 Section 501(c)(29) qualified nonprofit health insurance issuers.
a Is the organization licensed to issue qualified health plans in more than one state? ~~~~~~~~~~~~~~~~~~~~~ 13aNote. See the instructions for additional information the organization must report on Schedule O.
b Enter the amount of reserves the organization is required to maintain by the states in which theorganization is licensed to issue qualified health plans ~~~~~~~~~~~~~~~~~~~~~~ 13bc Enter the amount of reserves on hand ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 13cX
14a Did the organization receive any payments for indoor tanning services during the tax year? ~~~~~~~~~~~~~~~~ 14aIf"No,"
provideanexplanationin
ScheduleOb If "Yes," has it filed a Form 720 to report these payments?
•••••••••• 14b
Form 990 (2016)
632005 11-11-16

THE OWASP FOUNDATION, INC.
20-0963503
Page 6
Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response

Form 990 (2016)

to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI•••••••••••••••••••••••••••

X

Yes

No

Section A. Governing Body and Management
1a Enter the number of voting members of the governing body at the end of the tax year ~~~~~~
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

1a

7

7
1b
b Enter the number of voting members included in line 1a, above, who are independent ~~~~~~
Did
any
officer,
director,trustee,orkey
employeehaveafamilyrelationshiporabusinessrelationship
with
any
other
2
officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2
Did
the
organizationdelegate
controlovermanagement
dutiescustomarily
performed
by
or
under
the
directsupervision
3of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~
3
Did
the
organization
makeanysignificant
changestoitsgoverning
documents
since
the
prior
Form
990
was
filed?
~~~~~
4
4
Did
the
organization
becomeaware
during
the
year
of
a
significant
diversionoftheorganization's
assets?
~~~~~~~~~
5
5
Did
the
organization
have
membersorstockholders?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6
6
a
Did
the
organization
have
members,
stockholders,or
otherpersons
who
had
the
power
to
elect
or
appoint
one
or7
more members of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
7ab Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
7b
Did
the
organization
contemporaneously
documentthemeetings
heldor
writtenactions
undertaken
during
the
year
by
the
following:
8
a The governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~b Each committee with authority to act on behalf of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~

8a
8b

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at theorganization's mailing address? If "Yes," provide the names and addresses in Schedule O •••••••••••••••••
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

9

X
X

X
X
X
X

9

X
Yes

10a Did the organization have local chapters, branches, or affiliates? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,and branches to ensure their operations are consistent with the organization's exempt purposes? ~~~~~~~~~~~~~
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
b Describe in Schedule O the process, if any, used by the organization to review this Form 990.
12a Did the organization have a written conflict of interest policy? If "No," go to line 13 ~~~~~~~~~~~~~~~~~~~~b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ~~~~~~c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe
in Schedule O how this was done ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
13 Did the organization have a written whistleblower policy? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
14 Did the organization have a written document retention and destruction policy? ~~~~~~~~~~~~~~~~~~~~~~
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official ~~~~~~~~~~~~~~~~~~~~~~~~~~b Other officers or key employees of the organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with ataxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participationin joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? ••••••••••••••••••••••••••••••••••••

Section C. Disclosure
17
18

19
20

10a
10b
11a
12a
12b
12c
13
14

15a
15b

X
X
X

X
X

No

X

X
X
X
X

X

16a

X
X

X

16b

List the states with which a copy of this Form 990 is required to be filed JMDSection 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
X Own website
X Upon request
Another's website
Other (explain in Schedule O)
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
State the name, address, and telephone number of the person who possesses the organization's books and records: |VIRTUAL, INC. - 781-876-8914
401 EDGEWATER PLACE, SUITE 600, WAKEFIELD, MA

632006 11-11-16

01880
Form 990 (2016)

THE OWASP FOUNDATION, INC.
20-0963503
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest CompensatedEmployees, and Independent Contractors

Form 990 (2016)

Page 7Check if Schedule O contains a response or note to any line in this Part VII •••••••••••••••••••••••••••
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
¥ List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.
Enter -0- in columns (D), (E), and (F) if no compensation was paid.
¥ List all of the organization's current key employees, if any. See instructions for definition of "key employee."¥ List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
¥ List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations.
¥ List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,
more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;
and former such persons.

(1) MICHAEL COATESMEMBER AT LARGE(2) TOM BRENNANSECRETARY(3) MARTIN KNOBLACH
MEMBER AT LARGE(4) MATT KONDA
CHAIR(5) ANDREW VAN DER STOCKTREASURER(6) JOSH SOKOL
VICE CHAIR(7) TOBIA GONDROMMEMBER AT LARGE(8) PAUL RITCHIEFORMER EXECUTIVE DIRECTOR

632007 11-11-16

3.00
2.00
3.00
3.00
3.00
2.00
40.00

X
X

X

X

FormerHighest compensatedemployee

Key employee

Officer

Institutional trustee

2.00

Individual trustee or director

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
(B)
(C)
(D)
(E)
Position
Name and Title
Average
Reportable
Reportable(do not check more than one
hours per box, unless person is both ancompensationcompensation
officer and a director/trustee)
week
from
from related(list anytheorganizations
hours fororganization(W-2/1099-MISC)
related(W-2/1099-MISC)
organizations
below
line)

(F)
Estimatedamount ofothercompensationfrom theorganization
and relatedorganizations

0.

0.

0.

0.

0.

0.

0.

0.

0.

X

X

0.

0.

0.

X

X

0.

0.

0.

X

X

0.

0.

0.

0.

0.

0.

28,620.

0.

0.

X
X

Form 990 (2016)

1b
c
d
2

FormerHighest compensatedemployee

Key employee

Officer

Institutional trustee

Individual trustee or director

THE OWASP FOUNDATION, INC.
20-0963503
Page 8Form 990 (2016)
Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(B)
(C)
(A)
(D)
(E)
(F)
Position
Average
Name and title
Reportable
Reportable
Estimated(do not check more than one
hours per box, unless person is both ancompensationcompensation
amount ofofficer and a director/trustee)
week
from
from related
other(list anytheorganizations
compensation
hours fororganization(W-2/1099-MISC)
from therelated(W-2/1099-MISC)
organization
organizations
and related
below
organizations
line)

28,620.
0.
Sub-total ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |0.
0.
Total from continuation sheets to Part VII, Section A ~~~~~~~~~~ |28,620.
0.
Total (add lines 1b and 1c) •••••••••••••••••••••••• |Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportablecompensation from the organization |

0.
0.
0.
0
Yes

3

Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee online 1a? If "Yes," complete Schedule J for such individual ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual~~~~~~~~~~~~~
5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services
rendered to the organization? If "Yes," complete Schedule J for such person ••••••••••••••••••••••••
Section B. Independent Contractors

No

3

X

4

X

5

X

1

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation fromthe organization. Report compensation for the calendar year ending with or within the organization's tax year.
(A)
(B)
(C)
Name and business address
Description of services
Compensation
NONE

2

Total number of independent contractors (including but not limited to those listed above) who received more than0$100,000 of compensation from the organization |Form 990 (2016)

632008 11-11-16

THE OWASP FOUNDATION, INC.
Statement of Revenue

Form 990 (2016)

Part VIII

20-0963503

Page 9Other Revenue

Program Service
Revenue

Contributions, Gifts, Grants
and Other Similar Amounts

Check if Schedule O contains a response or note to any line in this Part VIII •••••••••••••••••••••••••
(A)
(B)
(C)
(D)
Revenue excluded
Related or
Unrelated
Total revenue
from
tax
under
exempt function
business
sections
revenuerevenue
512 - 514
1 a
b
c
d
e
f

Federated campaigns ~~~~~~
Membership dues ~~~~~~~~
Fundraising events ~~~~~~~~
Related organizations ~~~~~~
Government grants (contributions)
All other contributions, gifts, grants, andsimilar amounts not included above ~~

1a
1b
1c
1d
1e
1f

559,289.

833,720.

gh Total. Add lines 1a-1f ••••••••••••••••• | 1,393,009.
Business Code
900099 1,082,761.1,082,761.
2 a CONFERENCE INCOMEbcdef All other program service revenue ~~~~~
g Total. Add lines 2a-2f ••••••••••••••••• | 1,082,761.
3
Investment income (including dividends, interest, andother similar amounts)~~~~~~~~~~~~~~~~~ |4
Income from investment of tax-exempt bond proceeds|
5Royalties ••••••••••••••••••••••• |(i) Real(ii) Personal
6 a Gross rents ~~~~~~~b Less: rental expenses ~~~c Rental income or (loss) ~~d Net rental income or (loss) •••••••••••••• |(i) Securities(ii) Other
7 a Gross amount from sales ofassets other than inventoryb Less: cost or other basis
and sales expenses ~~~c Gain or (loss) ~~~~~~~d Net gain or (loss) ••••••••••••••••••• |8 a Gross income from fundraising events (notincluding $ofcontributions reported on line 1c). See
Part IV, line 18 ~~~~~~~~~~~~~ ab Less: direct expenses~~~~~~~~~~ bc Net income or (loss) from fundraising events ••••• |9 a Gross income from gaming activities. See
Part IV, line 19 ~~~~~~~~~~~~~ ab Less: direct expenses ~~~~~~~~~ bc Net income or (loss) from gaming activities •••••• |10 a Gross sales of inventory, less returns
1,527.
and allowances ~~~~~~~~~~~~~ a0.
b Less: cost of goods sold ~~~~~~~~ b
1,527.
c Net income or (loss) from sales of inventory •••••• |Miscellaneous Revenue
Business Code11 abcd All other revenue ~~~~~~~~~~~~~e Total. Add lines 11a-11d ~~~~~~~~~~~~~~~ |Total revenue. See instructions. ••••••••••••• | 2,477,297.1,082,761.
12
Noncash contributions included in lines 1a-1f: $632009 11-11-16

1,527.

1,527.

0.
Form 990 (2016)

THE OWASP FOUNDATION, INC.
Part IX Statement of Functional Expenses

20-0963503

Form 990 (2016)

Page 10

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this Part IX ••••••••••••••••••••••••••
(A)
(B)
(C)
(D)
Do not include amounts reported on lines 6b,
Total expenses
Program service
Management andFundraising
7b, 8b, 9b, and 10b of Part VIII.
expenses
general expenses
expenses
1 Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21 ~
2
3

4
5
6

Grants and other assistance to domestic
individuals. See Part IV, line 22 ~~~~~~~
Grants and other assistance to foreignorganizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16 ~~~Benefits paid to or for members ~~~~~~~
Compensation of current officers, directors,
trustees, and key employees ~~~~~~~~
Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) andpersons described in section 4958(c)(3)(B) ~~~7
8

Other salaries and wages ~~~~~~~~~~
Pension plan accruals and contributions (includesection 401(k) and 403(b) employer contributions)

9
10
11
a
b
c
d
e
f
g

Other employee benefits ~~~~~~~~~~
Payroll taxes ~~~~~~~~~~~~~~~~
Fees for services (non-employees):
Management ~~~~~~~~~~~~~~~~
Legal ~~~~~~~~~~~~~~~~~~~~
Accounting ~~~~~~~~~~~~~~~~~
Lobbying ~~~~~~~~~~~~~~~~~~
Professional fundraising services. See Part IV, line 17

12
13
14
15
16
17
18

Advertising and promotion ~~~~~~~~~
Office expenses~~~~~~~~~~~~~~~
Information technology ~~~~~~~~~~~
Royalties ~~~~~~~~~~~~~~~~~~

19
20
21
22
23
24

Investment management fees ~~~~~~~~
Other. (If line 11g amount exceeds 10% of line 25,column (A) amount, list line 11g expenses on Sch O.)

Occupancy ~~~~~~~~~~~~~~~~~
Travel ~~~~~~~~~~~~~~~~~~~
Payments of travel or entertainment expenses
for any federal, state, or local public officials
Conferences, conventions, and meetings ~~Interest ~~~~~~~~~~~~~~~~~~
Payments to affiliates ~~~~~~~~~~~~
Depreciation, depletion, and amortization ~~Insurance ~~~~~~~~~~~~~~~~~
Other expenses. Itemize expenses not covered
above. (List miscellaneous expenses in line 24e. If line
24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule O.)

a LOCAL CHAPTER EXPENSES
b PROJECT OUTREACH AND PR
c COMMUNITY - CHAPTER OUT
d BANK FEESe All other expenses
25 Total functional expenses. Add lines 1 through 24e
26 Joint costs. Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Check here |632010 11-11-16

28,620.

22,896.

5,724.

379,209.

303,367.

75,842.

56,565.
56,061.

45,252.
44,849.

11,313.
11,212.

4,950.
3,173.
2,182.

4,455.
2,856.

495.
317.
2,182.

60,026.
125.
59,852.
14,907.

35,089.

24,937.
125.
23,046.
4,472.

59,859.

57,883.

1,976.

1,001,265.

951,202.

50,063.

4,282.
9,804.

1,961.

182,469.
48,925.
33,033.
14,554.
5,551.
2,025,412.

173,346.
45,484.
29,958.
1,454.
4,545.
1,771,838.

36,806.
10,435.

4,282.
7,843.

1,500.
11,644.
503.
185,437.

9,123.
1,941.
3,075.
1,456.
503.
68,137.

if following SOP 98-2 (ASC 958-720)

Form 990 (2016)

Form 990 (2016)

Part XTHE OWASP FOUNDATION, INC.

20-0963503

Balance Sheet

Page 11Check if Schedule O contains a response or note to any line in this Part X •••••••••••••••••••••••••••••(A)(B)
Beginning of year
End of year
Cash - non-interest-bearing ~~~~~~~~~~~~~~~~~~~~~~~~~
Savings and temporary cash investments ~~~~~~~~~~~~~~~~~~
Pledges and grants receivable, net ~~~~~~~~~~~~~~~~~~~~~
Accounts receivable, net ~~~~~~~~~~~~~~~~~~~~~~~~~~
Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees. Complete
Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6 Loans and other receivables from other disqualified persons (as defined under
section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing
employers and sponsoring organizations of section 501(c)(9) voluntary
employees' beneficiary organizations (see instr). Complete Part II of Sch L ~~7 Notes and loans receivable, net ~~~~~~~~~~~~~~~~~~~~~~~
8 Inventories for sale or use ~~~~~~~~~~~~~~~~~~~~~~~~~~
9 Prepaid expenses and deferred charges ~~~~~~~~~~~~~~~~~~
10 a Land, buildings, and equipment: cost or other
63,686.
basis. Complete Part VI of Schedule D ~~~ 10a61,111.
b Less: accumulated depreciation ~~~~~~ 10b
11 Investments - publicly traded securities ~~~~~~~~~~~~~~~~~~~
12 Investments - other securities. See Part IV, line 11 ~~~~~~~~~~~~~~
13 Investments - program-related. See Part IV, line 11 ~~~~~~~~~~~~~
14 Intangible assets ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
15 Other assets. See Part IV, line 11 ~~~~~~~~~~~~~~~~~~~~~~
16 Total assets. Add lines 1 through 15 (must equal line 34) ••••••••••
17 Accounts payable and accrued expenses ~~~~~~~~~~~~~~~~~~
18 Grants payable ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
19 Deferred revenue ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20 Tax-exempt bond liabilities ~~~~~~~~~~~~~~~~~~~~~~~~~
21 Escrow or custodial account liability. Complete Part IV of Schedule D ~~~~
22 Loans and other payables to current and former officers, directors, trustees,
key employees, highest compensated employees, and disqualified persons.
Complete Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~

Liabilities

Assets

1
2
3
4
5

23
24
25

Net Assets or Fund Balances

26

27
28
29

30
31
32
33
34

Secured mortgages and notes payable to unrelated third parties ~~~~~~
Unsecured notes and loans payable to unrelated third parties ~~~~~~~~
Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24). Complete Part X of
Schedule D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total liabilities. Add lines 17 through 25 ••••••••••••••••••
X andOrganizations that follow SFAS 117 (ASC 958), check here |complete lines 27 through 29, and lines 33 and 34.
Unrestricted net assets ~~~~~~~~~~~~~~~~~~~~~~~~~~~
Temporarily restricted net assets ~~~~~~~~~~~~~~~~~~~~~~
Permanently restricted net assets ~~~~~~~~~~~~~~~~~~~~~
Organizations that do not follow SFAS 117 (ASC 958), check here |and complete lines 30 through 34.
Capital stock or trust principal, or current funds ~~~~~~~~~~~~~~~
Paid-in or capital surplus, or land, building, or equipment fund ~~~~~~~~
Retained earnings, endowment, accumulated income, or other funds ~~~~
Total net assets or fund balances ~~~~~~~~~~~~~~~~~~~~~~
Total liabilities and net assets/fund balances ••••••••••••••••

632011 11-11-16

705,521.
145,116.

1
2
3
4

1,276,962.
94,697.

5

6
7
8
9

50,987.
28,682.

6,857. 10c

2,575.

11
12
13
14
15
16
17
18
19
20
21

1,453,903.
53,788.

18,272.
73,375.

949,141.
46,714.
175,815.

208,207.

22
23
24

20,730. 25
243,259. 26

0.
261,995.

686,940. 27
18,942. 28

1,174,874.
17,034.

29

705,882.
949,141.

30
31
32
33
34

1,191,908.
1,453,903.
Form 990 (2016)

THE OWASP FOUNDATION, INC.
Part XI Reconciliation of Net Assets

20-0963503

Form 990 (2016)

Check if Schedule O contains a response or note to any line in this Part XI
1
2
3
4
5
6
7
8
9
10

•••••••••••••••••••••••••••

Total revenue (must equal Part VIII, column (A), line 12) ~~~~~~~~~~~~~~~~~~~~~~~~~~
Total expenses (must equal Part IX, column (A), line 25) ~~~~~~~~~~~~~~~~~~~~~~~~~~
Revenue less expenses. Subtract line 2 from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ~~~~~~~~~~Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Investment expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Prior period adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other changes in net assets or fund balances (explain in Schedule O) ~~~~~~~~~~~~~~~~~~~Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B)) •••••••••••••••••••••••••••••••••••••••••••••••Part XII Financial Statements and Reporting

Page 12

1
2
3
4
5
6
7
8
9
10

2,477,297.
2,025,412.
451,885.
705,882.

34,141.
0.
1,191,908.

Check if Schedule O contains a response or note to any line in this Part XII •••••••••••••••••••••••••••
Yes

1
2a

b

c

3a
b

X Accrual
Accounting method used to prepare the Form 990:
Cash
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.
Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,consolidated basis, or both:
X Consolidated basis
Separate basis
Both consolidated and separate basis
If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why in Schedule O and describe any steps taken to undergo such audits ••••••••••••••••

632012 11-11-16

X

2a

2b

X

2c

X

3a

X
No

X

3b
Form 990 (2016)

SCHEDULE A(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service

Name of the organization

Part IOMB No. 1545-0047

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
| Attach to Form 990 or Form 990-EZ.
| Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

2016

Open to Public
Inspection

Employer identification number

THE OWASP FOUNDATION, INC.
Reason for Public Charity Status (All organizations must complete this part.) See instructions.

20-0963503

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2
A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)
3
A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,4city, and state:
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
5section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9

10

11
12

a

b

c
d

e
f
g

X

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
section 170(b)(1)(A)(vi). (Complete Part II.)
A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college
or university or a non-land-grant college of agriculture (see instructions). Enter the name, city, and state of the college oruniversity:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.
See section 509(a)(2). (Complete Part III.)An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one ormore publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box inlines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving
the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supportingorganization. You must complete Part IV, Sections A and B.
Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having
control or management of the supporting organization vested in the same persons that control or manage the supported
organization(s). You must complete Part IV, Sections A and C.
Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with,
its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s)that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentivenessrequirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III
functionally integrated, or Type III non-functionally integrated supporting organization.
Enter the number of supported organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Provide the following information about the supported organization(s).
(i) Name of supported
organization(ii) EIN(iii) Type of organization(described on lines 1-10
above (see instructions))(iv) Is the organization listed
in your governing document?

Yes

No

(v) Amount of monetary(vi) Amount of othersupport (see instructions) support (see instructions)

Total
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. 632021 09-21-16

Schedule A (Form 990 or 990-EZ) 2016

Schedule A (Form 990 or 990-EZ) 2016 THE

Part IIOWASP FOUNDATION, INC.
20-0963503
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)

Page 2(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization
fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support
Calendar year (or fiscal year beginning in) |1 Gifts, grants, contributions, andmembership fees received. (Do notinclude any "unusual grants.") ~~(a) 2012(b) 2013(c) 2014(d) 2015(e) 2016(f) Total

226,885. 754,581.

1,026,028.

1,004,171.

1,393,009.

4,404,674.

226,885. 754,581.

1,026,028.

1,004,171.

1,393,009.

4,404,674.

2 Tax revenues levied for the organization's benefit and either paid toor expended on its behalf ~~~~
3 The value of services or facilities
furnished by a governmental unit tothe organization without charge ~4 Total. Add lines 1 through 3 ~~~5 The portion of total contributions
by each person (other than agovernmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of theamount shown on line 11,column (f) ~~~~~~~~~~~~
6 Public support. Subtract line 5 from line 4.

4,404,674.

Section B. Total Support

Calendar year (or fiscal year beginning in) |(a) 2012(b) 2013(c) 2014(d) 2015(e) 2016(f) Total
226,885. 754,581.
1,026,028.
1,004,171.
1,393,009.
4,404,674.
7 Amounts from line 4 ~~~~~~~
8 Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources ~9 Net income from unrelated businessactivities, whether or not thebusiness is regularly carried on ~10 Other income. Do not include gainor loss from the sale of capital
16,622. 24,232. 70,696.
111,550.
assets (Explain in Part VI.) ~~~~
4,516,224.
Add
lines
7
through
1011 Total support.
4,712,466.
12 Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~ 12
13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)organization, check this box and stop here ••••••••••••••••••••••••••••••••••••••••••••• |Section C. Computation of Public Support Percentage

97.53 %
14 Public support percentage for 2016 (line 6, column (f) divided by line 11, column (f)) ~~~~~~~~~~~~ 14
96.67 %
15
15 Public support percentage from 2015 Schedule A, Part II, line 14 ~~~~~~~~~~~~~~~~~~~~~
16a 33 1/3% support test - 2016. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box andstop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | X
b 33 1/3% support test - 2015. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |17a 10% -facts-and-circumstances test - 2016. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |b 10% -facts-and-circumstances test - 2015. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how theorganization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ••• |Schedule A (Form 990 or 990-EZ) 2016

632022 09-21-16

Schedule A (Form 990 or 990-EZ) 2016 THE

OWASP FOUNDATION, INC.
Part III Support Schedule for Organizations Described in Section 509(a)(2)

20-0963503

Page 3(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails toqualify under the tests listed below, please complete Part II.)

Section A. Public Support
Calendar year (or fiscal year beginning in) |(a) 2012(b) 2013(c) 2014(d) 2015(e) 2016(f) Total(a) 2012(b) 2013(c) 2014(d) 2015(e) 2016(f) Total

1 Gifts, grants, contributions, andmembership fees received. (Do notinclude any "unusual grants.") ~~2 Gross receipts from admissions,merchandise sold or services performed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose
3 Gross receipts from activities thatare not an unrelated trade or business under section 513 ~~~~~
4 Tax revenues levied for the organization's benefit and either paid toor expended on its behalf ~~~~
5 The value of services or facilities
furnished by a governmental unit tothe organization without charge ~6 Total. Add lines 1 through 5 ~~~7 a Amounts included on lines 1, 2, and3 received from disqualified personsb Amounts included on lines 2 and 3 received
from other than disqualified persons thatexceed the greater of $5,000 or 1% of theamount on line 13 for the year ~~~~~~

c Add lines 7a and 7b ~~~~~~~
8 Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in) |9 Amounts from line 6 ~~~~~~~
10a Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources ~b Unrelated business taxable income(less section 511 taxes) from businesses
acquired after June 30, 1975 ~~~~
c Add lines 10a and 10b ~~~~~~
11 Net income from unrelated businessactivities not included in line 10b,whether or not the business isregularly carried on ~~~~~~~
12 Other income. Do not include gainor loss from the sale of capital
assets (Explain in Part VI.) ~~~~
13 Total support. (Add lines 9, 10c, 11, and 12.)14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here •••••••••••••••••••••••••••••••••••••••••••••••••••• |Section C. Computation of Public Support Percentage

15 Public support percentage for 2016 (line 8, column (f) divided by line 13, column (f)) ~~~~~~~~~~~~
16 Public support percentage from 2015 Schedule A, Part III, line 15 ••••••••••••••••••••

Section D. Computation of Investment Income Percentage

15
16

%
%

17 Investment income percentage for 2016 (line 10c, column (f) divided by line 13, column (f)) ~~~~~~~~ 17%
18 Investment income percentage from 2015 Schedule A, Part III, line 17 ~~~~~~~~~~~~~~~~~~ 18%
19 a 33 1/3% support tests - 2016. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not
more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~ |b 33 1/3% support tests - 2015. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, andline 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization~~~~ |20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions •••••••• |632023 09-21-16
Schedule A (Form 990 or 990-EZ) 2016

Schedule A (Form 990 or 990-EZ) 2016 THE

Part IVOWASP FOUNDATION, INC.

20-0963503

Supporting Organizations

Page 4(Complete only if you checked a box in line 12 on Part I. If you checked 12a of Part I, complete Sections A
and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete
Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations
Yes
1

Are all of the organization's supported organizations listed by name in the organization's governing
documents? If "No," describe in Part VI how the supported organizations are designated. If designated byclass or purpose, describe the designation. If historic and continuing relationship, explain.

No1

Did the organization have any supported organization that does not have an IRS determination of statusunder section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported
organization was described in section 509(a)(1) or (2).
3a Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer(b) and (c) below.

3ab Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) andsatisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how theorganization made the determination.

3b

2

c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B)
purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
4a Was any supported organization not organized in the United States ("foreign supported organization")? If"Yes," and if you checked 12a or 12b in Part I, answer (b) and (c) below.
b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign
supported organization? If "Yes," describe in Part VI how the organization had such control and discretion
despite being controlled or supervised by or in connection with its supported organizations.
c Did the organization support any foreign supported organization that does not have an IRS determination
under sections 501(c)(3) and 509(a)(1) or (2)? If "Yes," explain in Part VI what controls the organization used
to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B)
purposes.
5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes,"
answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN
numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action;(iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action
was accomplished (such as by amendment to the organizing document).
b Type I or Type II only. Was any added or substituted supported organization part of a class alreadydesignated in the organization's organizing document?
c Substitutions only. Was the substitution the result of an event beyond the organization's control?
6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) toanyone other than (i) its supported organizations, (ii) individuals that are part of the charitable classbenefited by one or more of its supported organizations, or (iii) other supporting organizations that also
support or benefit one or more of the filing organization's supported organizations? If "Yes," provide detail inPart VI.
7

8

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor(defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity withregard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ).
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7?
If "Yes," complete Part I of Schedule L (Form 990 or 990-EZ).

9a Was the organization controlled directly or indirectly at any time during the tax year by one or moredisqualified persons as defined in section 4946 (other than foundation managers and organizations describedin section 509(a)(1) or (2))? If "Yes," provide detail in Part VI.
b Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which
the supporting organization had an interest? If "Yes," provide detail in Part VI.
c Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit
from, assets in which the supporting organization also had an interest? If "Yes," provide detail in Part VI.
10a Was the organization subject to the excess business holdings rules of section 4943 because of section
4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated
supporting organizations)? If "Yes," answer 10b below.
b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to
determine whether the organization had excess business holdings.)
632024 09-21-16

2

3c
4a

4b

4c

5a
5b
5c

6

7
8

9a
9b
9c

10a

10b
Schedule A (Form 990 or 990-EZ) 2016

Schedule A (Form 990 or 990-EZ) 2016 THE

Part IVOWASP FOUNDATION, INC.

20-0963503

Supporting Organizations (continued)

11 Has the organization accepted a gift or contribution from any of the following persons?
a A person who directly or indirectly controls, either alone or together with persons described in (b) and (c)below, the governing body of a supported organization?
b A family member of a person described in (a) above?
c A 35% controlled entity of a person described in (a) or (b) above? If "Yes" to a, b, or c, provide detail in Part VI.

Section B. Type I Supporting Organizations

Did the directors, trustees, or membership of one or more supported organizations have the power toregularly appoint or elect at least a majority of the organization's directors or trustees at all times during thetax year? If "No," describe in Part VI how the supported organization(s) effectively operated, supervised, or
controlled the organization's activities. If the organization had more than one supported organization,
describe how the powers to appoint and/or remove directors or trustees were allocated among the supported
organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

1

2

Did the organization operate for the benefit of any supported organization other than the supported
organization(s) that operated, supervised, or controlled the supporting organization? If "Yes," explain inPart VI how providing such benefit carried out the purposes of the supported organization(s) that operated,supervised, or controlled the supporting organization.

2

1

Were a majority of the organization's directors or trustees during the tax year also a majority of the directors
or trustees of each of the organization's supported organization(s)? If "No," describe in Part VI how control
or management of the supporting organization was vested in the same persons that controlled or managed
the supported organization(s).

Section D. All Type III Supporting Organizations
1

2

3

Did the organization provide to each of its supported organizations, by the last day of the fifth month of theorganization's tax year, (i) a written notice describing the type and amount of support provided during the prior tax
year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of theorganization's governing documents in effect on the date of notification, to the extent not previously provided?
Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported
organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how
the organization maintained a close and continuous working relationship with the supported organization(s).
By reason of the relationship described in (2), did the organization's supported organizations have asignificant voice in the organization's investment policies and in directing the use of the organization's
income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization's
supported organizations played in this regard.

Section E. Type III Functionally Integrated Supporting Organizations

Yes

No

Yes

No

Yes

No

Yes

No

11a
11b
11c

1

Section C. Type II Supporting Organizations

Page 51

1

2

3

1 Check the box next to the method that the organization used to satisfy the Integral Part Test during the year(see instructions).
a
The organization satisfied the Activities Test. Complete line 2 below.
b
The organization is the parent of each of its supported organizations. Complete line 3 below.
c
The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions).
2 Activities Test. Answer (a) and (b) below.
Yes
a Did substantially all of the organization's activities during the tax year directly further the exempt purposes ofthe supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify
those supported organizations and explain
how these activities directly furthered their exempt purposes,
how the organization was responsive to those supported organizations, and how the organization determinedthat these activities constituted substantially all of its activities.
2ab Did the activities described in (a) constitute activities that, but for the organization's involvement, one or moreof the organization's supported organization(s) would have been engaged in? If "Yes," explain in Part VI thereasons for the organization's position that its supported organization(s) would have engaged in these
activities but for the organization's involvement.
3 Parent of Supported Organizations. Answer (a) and (b) below.

No2ba Did the organization have the power to regularly appoint or elect a majority of the officers, directors, ortrustees of each of the supported organizations? Provide details in Part VI.
3ab Did the organization exercise a substantial degree of direction over the policies, programs, and activities of eachof its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.
3b632025 09-21-16
Schedule A (Form 990 or 990-EZ) 2016

Schedule A (Form 990 or 990-EZ) 2016 THE

Part VOWASP FOUNDATION, INC.
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

20-0963503

Page 6Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI.) See instructions. Allother Type III non-functionally integrated supporting organizations must complete Sections A through E.
(B) Current Year
Section A - Adjusted Net Income(A) Prior Year
(optional)
1

1
2
3
4
5
6

7
8

Net short-term capital gain
Recoveries of prior-year distributions
Other gross income (see instructions)
Add lines 1 through 3
Depreciation and depletion
Portion of operating expenses paid or incurred for production orcollection of gross income or for management, conservation, or
maintenance of property held for production of income (see instructions)
Other expenses (see instructions)
Adjusted Net Income (subtract lines 5, 6, and 7 from line 4)

1
2
3
4
5

6
7
8
(A) Prior Year

Section B - Minimum Asset Amount
1
a
b
c
d
e
2
3
4
5
6
7
8

Aggregate fair market value of all non-exempt-use assets (seeinstructions for short tax year or assets held for part of year):
Average monthly value of securities
Average monthly cash balances
Fair market value of other non-exempt-use assets
Total (add lines 1a, 1b, and 1c)
Discount claimed for blockage or otherfactors (explain in detail in Part VI):
Acquisition indebtedness applicable to non-exempt-use assets
Subtract line 2 from line 1d
Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount,
see instructions)
Net value of non-exempt-use assets (subtract line 4 from line 3)
Multiply line 5 by .035
Recoveries of prior-year distributions
Minimum Asset Amount (add line 7 to line 6)

Section C - Distributable Amount
1
2
3
4
5
6
7

(B) Current Year
(optional)

1a
1b
1c
1d

2
3
4
5
6
7
8
Current Year

Adjusted net income for prior year (from Section A, line 8, Column A)
1
Enter 85% of line 1
2
Minimum asset amount for prior year (from Section B, line 8, Column A)
3Enter greater of line 2 or line 3
4
Income tax imposed in prior year
5
Distributable Amount. Subtract line 5 from line 4, unless subject toemergency temporary reduction (see instructions)6
Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (seeinstructions).
Schedule A (Form 990 or 990-EZ) 2016

632026 09-21-16

Schedule A (Form 990 or 990-EZ) 2016 THE

Part VOWASP FOUNDATION, INC.
20-0963503
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)

Section D - Distributions
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7 Total annual distributions. Add lines 1 through 6
8 Distributions to attentive supported organizations to which the organization is responsive(provide details in Part VI). See instructions
9 Distributable amount for 2016 from Section C, line 6
10 Line 8 amount divided by Line 9 amount(i)
Excess Distributions
Section E - Distribution Allocations (see instructions)
1
2
3
a
b
c
d
e
f
g
h
i
j
4

Page 7

Current Year(ii)
Underdistributions
Pre-2016(iii)
Distributable
Amount for 2016

Distributable amount for 2016 from Section C, line 6
Underdistributions, if any, for years prior to 2016 (reasonable cause required- explain in Part VI). See instructions
Excess distributions carryover, if any, to 2016:

From 2013
From 2014
From 2015
Total of lines 3a through e
Applied to underdistributions of prior years
Applied to 2016 distributable amount
Carryover from 2011 not applied (see instructions)Remainder. Subtract lines 3g, 3h, and 3i from 3f.
Distributions for 2016 from Section D,
line 7:$a Applied to underdistributions of prior years
b Applied to 2016 distributable amountc Remainder. Subtract lines 4a and 4b from 4
5 Remaining underdistributions for years prior to 2016, ifany. Subtract lines 3g and 4a from line 2. For result greaterthan zero, explain in Part VI. See instructions
6 Remaining underdistributions for 2016. Subtract lines 3h
and 4b from line 1. For result greater than zero, explain inPart VI. See instructions
7 Excess distributions carryover to 2017. Add lines 3j
and 4c8 Breakdown of line 7:ab Excess from 2013
c Excess from 2014
d Excess from 2015
e Excess from 2016
Schedule A (Form 990 or 990-EZ) 2016

632027 09-21-16

Schedule A (Form 990 or 990-EZ) 2016 THE

Part VIOWASP FOUNDATION, INC.
20-0963503
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12;

Page 8

Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C,
line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V,
Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information.
(See instructions.)

632028 09-21-16

Schedule A (Form 990 or 990-EZ) 2016

Schedule B

Schedule of Contributors(Form 990, 990-EZ,
or 990-PF)| Attach to Form 990, Form 990-EZ, or Form 990-PF.
| Information about Schedule B (Form 990, 990-EZ, or 990-PF) and
its instructions is at www.irs.gov/form990 .

Department of the Treasury
Internal Revenue Service

Name of the organizationOMB No. 1545-0047

2016

Employer identification number

THE OWASP FOUNDATION, INC.

20-0963503

Organization type (check one):
Filers of:Section:Form 990 or 990-EZX

501(c)(3 ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation
527 political organization
Form 990-PF

501(c)(3) exempt private foundation
4947(a)(1) nonexempt charitable trust treated as a private foundation
501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money orproperty) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules

X

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3% support test of the regulations under
sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received fromany one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h,or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during theyear, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or forthe prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during theyear, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box
is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc.,
purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively
religious, charitable, etc., contributions totaling $5,000 or more during the year ~~~~~~~~~~~~~~~ | $Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990, 990-EZ, or 990-PF),
but it must answer "No" on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, tocertify that it doesn't meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF).
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-EZ, or 990-PF.

623451 10-18-16

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)

Page 2

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)
Name of organization

Employer identification number

THE OWASP FOUNDATION, INC.
Part I

Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.

(a)
No.

1

20-0963503(b)
Name, address, and ZIP + 4(c)Total contributions

CONTRAST SECURITY
291 LAMBERT AVENUE$

37,800.

2(b)Name, address, and ZIP + 4(c)Total contributions

HP
155 CRAWFORD STREET$

56,900.

3(b)Name, address, and ZIP + 4(c)Total contributions

QUALYS
1600 BRIDGE PARKWAY$

42,800.

(d)Type of contribution
PersonPayroll
NoncashX(d)Type of contribution
PersonPayroll
NoncashX(Complete Part II for
noncash contributions.)

REDWOOD CITY, CA 94065
(a)
No.

X

(Complete Part II for
noncash contributions.)

NORTHBOROUGH, MA 01532(a)No.

PersonPayroll
Noncash(Complete Part II for
noncash contributions.)

PALO ALTO, CA 94306
(a)
No.

(d)
Type of contribution(b)Name, address, and ZIP + 4(c)Total contributions(d)Type of contribution
PersonPayroll
Noncash$(Complete Part II for
noncash contributions.)
(a)
No.

(b)
Name, address, and ZIP + 4(c)Total contributions(d)Type of contribution
PersonPayroll
Noncash$(Complete Part II for
noncash contributions.)
(a)
No.

(b)
Name, address, and ZIP + 4(c)Total contributions$(d)Type of contribution
PersonPayroll
Noncash(Complete Part II for
noncash contributions.)

623452 10-18-16

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)

Page 3
Employer identification number

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)
Name of organization

THE OWASP FOUNDATION, INC.
Part II

20-0963503

Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.

(a)
No.
from
Part I(b)
Description of noncash property given(c)
FMV (or estimate)(See instructions)(d)Date received(c)
FMV (or estimate)(See instructions)(d)Date received(c)
FMV (or estimate)(See instructions)(d)Date received(c)
FMV (or estimate)(See instructions)(d)Date received(c)
FMV (or estimate)(See instructions)(d)Date received(c)
FMV (or estimate)(See instructions)(d)Date received

$
(a)
No.
from
Part I(b)
Description of noncash property given

$
(a)
No.
from
Part I(b)
Description of noncash property given

$
(a)
No.
from
Part I(b)
Description of noncash property given

$
(a)
No.
from
Part I(b)
Description of noncash property given

$
(a)
No.
from
Part I(b)
Description of noncash property given$
623453 10-18-16

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)

Page 4
Employer identification number

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)
Name of organization

THE OWASP FOUNDATION, INC.
20-0963503
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 forPart IIIthe year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations
completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this info. once.) | $Use duplicate copies of Part III if additional space is needed.
(a) No.
fromPart I(b) Purpose of gift(c) Use of gift(d) Description of how gift is held(e) Transfer of gift
Transferee's name, address, and ZIP + 4(a) No.
fromPart I(b) Purpose of gift

Relationship of transferor to transferee(c) Use of gift(d) Description of how gift is held(e) Transfer of gift
Transferee's name, address, and ZIP + 4(a) No.
fromPart I(b) Purpose of gift

Relationship of transferor to transferee(c) Use of gift(d) Description of how gift is held(e) Transfer of gift
Transferee's name, address, and ZIP + 4(a) No.
fromPart I(b) Purpose of gift

Relationship of transferor to transferee(c) Use of gift(d) Description of how gift is held(e) Transfer of gift
Transferee's name, address, and ZIP + 4623454 10-18-16

Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2016)

SCHEDULE D(Form 990)

OMB No. 1545-0047

Supplemental Financial Statements

2016| Complete if the organization answered "Yes" on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
Open to Public| Attach to Form 990.
Department of the Treasury
Inspection
Internal Revenue Service| Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
Name of the organization
Employer identification number

Part ITHE OWASP FOUNDATION, INC.
20-0963503
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.Complete if theorganization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds(b) Funds and other accounts

Total number at end of year ~~~~~~~~~~~~~~~
Aggregate value of contributions to (during year) ~~~~
Aggregate value of grants from (during year) ~~~~~~
Aggregate value at end of year ~~~~~~~~~~~~~
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization's property, subject to the organization's exclusive legal control? ~~~~~~~~~~~~~~~~~~
6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring
impermissible private benefit? ••••••••••••••••••••••••••••••••••••••••••••Part II Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
2
3
4
5

Yes

No

Yes

No

1

Purpose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (e.g., recreation or education)
Preservation of a historically important land area
Protection of natural habitat
Preservation of a certified historic structure
Preservation of open space2

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the lastHeld at the End of the Tax Yearday of the tax year.
Total number of conservation easements ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2a
Total acreage restricted by conservation easements ~~~~~~~~~~~~~~~~~~~~~~~~~~
2b
Number of conservation easements on a certified historic structure included in (a) ~~~~~~~~~~~~
2c
Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure
listed in the National Register ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2d
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
year |
Number of states where property subject to conservation easement is located |Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? ~~~~~~~~~~~~~~~~~~~~~~~~~
Yes
No
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

a
b
c
d
3
4
5
6
7
8
9

|
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year|$
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)and section 170(h)(4)(B)(ii)? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Yes
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, andinclude, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting forconservation easements.

Part IIINo

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.

Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,
the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historicaltreasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts
relating to these items:(i) Revenue included on Form 990, Part VIII, line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $(ii) Assets included in Form 990, Part X ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a Revenue included on Form 990, Part VIII, line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $b Assets included in Form 990, Part X ••••••••••••••••••••••••••••••••••• | $LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Schedule D (Form 990) 2016
632051 08-29-16

THE OWASP FOUNDATION, INC.
20-0963503 Page 2
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets(continued)

Schedule D (Form 990) 2016

Part III

Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items(check all that apply):aPublic exhibitiondLoan or exchange programsb
Scholarly research
e
Other
c
Preservation for future generations
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection? ••••••••••••
Yes
No
Part IV Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, orreported an amount on Form 990, Part X, line 21.
3

1a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included
on Form 990, Part X? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~b If "Yes," explain the arrangement in Part XIII and complete the following table:

Yes

No

AmountBeginning balance ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
1c
Additions during the year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
1dDistributions during the year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
1eEnding balance ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
1f
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ~~~~~Yes
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII •••••••••••••Part V Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
c
d
e
f
2a
b

(a) Current year
1a
b
c
d
e
f
g
2
a
b
c
3a

b
4

(b) Prior year(c) Two years back(d) Three years back

Beginning of year balance ~~~~~~~
Contributions ~~~~~~~~~~~~~~Net investment earnings, gains, and losses
Grants or scholarships ~~~~~~~~~
Other expenditures for facilities
and programs ~~~~~~~~~~~~~
Administrative expenses ~~~~~~~~End of year balance ~~~~~~~~~~
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
Board designated or quasi-endowment |%Permanent endowment |%Temporarily restricted endowment |%The percentages on lines 2a, 2b, and 2c should equal 100%.
Are there endowment funds not in the possession of the organization that are held and administered for the organizationby:(i) unrelated organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~(ii) related organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R? ~~~~~~~~~~~~~~~~~~~~
Describe in Part XIII the intended uses of the organization's endowment funds.

Part VINo(e) Four years back

Yes

No

3a(i)
3a(ii)
3b

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property(a) Cost or otherbasis (investment)(b) Cost or otherbasis (other)(c) Accumulated
depreciation(d) Book value

1a Land ~~~~~~~~~~~~~~~~~~~~b Buildings ~~~~~~~~~~~~~~~~~~
c Leasehold improvements ~~~~~~~~~~
33,686.
31,111.
2,575.
d Equipment ~~~~~~~~~~~~~~~~~
30,000.
30,000.
0.
e Other ••••••••••••••••••••
2,575.
(Column
(d)
must
equal
Form
990,
Part
X,
column
(B),
line
10c.)
Total. Add lines 1a through 1e.
••••••••••••• |Schedule D (Form 990) 2016

632052 08-29-16

THE OWASP FOUNDATION, INC.
Part VII Investments - Other Securities.

Schedule D (Form 990) 201620-0963503

Page 3Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category (including name of security)(b) Book value(c) Method of valuation: Cost or end-of-year market value(1) Financial derivatives ~~~~~~~~~~~~~~~(2) Closely-held equity interests ~~~~~~~~~~~(3) Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 12.) |Part VIII Investments - Program Related.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment(b) Book value(c) Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 13.) |Part IX

Other Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) •••••••••••••••••••••••••••• |Part XOther Liabilities.

1.

Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
(a) Description of liability(b) Book value(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) ••••• |2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports theorganization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII X
Schedule D (Form 990) 2016
632053 08-29-16

THE OWASP FOUNDATION, INC.
20-0963503
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.

Schedule D (Form 990) 2016

Part XIPage 4Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1
2
a
b
c
d
e
3
4
a
b
c
5

Total revenue, gains, and other support per audited financial statements ~~~~~~~~~~~~~~~~~~~
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~
2a
Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~
2b
Recoveries of prior year grants ~~~~~~~~~~~~~~~~~~~~~~~~~
2c
Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
2d
Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part VIII, line 12, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~
4a
Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
4b
Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) •••••••••••••••••

1

2e
3

4c
5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1
2
a
b
c
d
e
3
4
a
b
c
5

Total expenses and losses per audited financial statements ~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on line 1 but not on Form 990, Part IX, line 25:
Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~
2aPrior year adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2b
Other losses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2c
Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
2d
Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part IX, line 25, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~
4a
Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~
4b
Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ••••••••••••••••Part XIII Supplemental Information.

1

2e
3

4c
5

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

PART X, LINE 2:
THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITHASC TOPIC, INCOME TAXES.

THIS STANDARD CLARIFIES THE ACCOUNTING FOR

UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND
MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A
TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN.

THE

FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICHQUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL
STATEMENTS AT DECEMBER 31, 2016.

THE FOUNDATION'S INFORMATION RETURNS ARE

SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND
GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.

632054 08-29-16

Schedule D (Form 990) 2016

THE OWASP FOUNDATION, INC.
Part XIII Supplemental Information (continued)

Schedule D (Form 990) 201620-0963503

Page 5

Schedule D (Form 990) 2016
632055 08-29-16

SCHEDULE O(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
| Attach to Form 990 or 990-EZ.
| Information about Schedule O (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

Name of the organization

THE OWASP FOUNDATION, INC.

OMB No. 1545-0047

2016

Open to Public
Inspection

Employer identification number

20-0963503

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:WORLDWIDE CAN MAKE INFORMED DECISIONS ABOUT TRUE SECURITY RISKS.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:OWASP WTEOWASP OWTFOWASP DEPENDENCY CHECKOWASP CRSOWASP APPSENSOROWASP ASVSOWASP O-SAFTOWASP DEPENDENCY TRACKOWASP MOBILE TOP 10OWASP O2OWASP PASSFAULTOWASP WEBGOATOWASP XENOTIXOWASP OPERATES THROUGH THE VOLUNTEER DONATION OF TIME, RESOURCES AND
MATERIAL FROM SECURITY EXPERTS AROUND THE WORLD. THROUGH THIS COMMUNITY
WE WILL CONTINUE TO PROVIDE TOOLS, RESOURCES AND EDUCATION THAT ARE
FREE AND OPEN IN SUPPORT OF OUR MISSION OF IMPROVING APPLICATIONSECURITY FOR EVERYONE.

FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:
LATIN AMERICA.

DURING 2016 OWASP CONDUCTED TRAINING DAYS AND

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
632211 08-25-16

Schedule O (Form 990 or 990-EZ) (2016)

Schedule O (Form 990 or 990-EZ) (2016)
Name of the organization

THE OWASP FOUNDATION, INC.

Page 2
Employer identification number

20-0963503

PRESENTATIONS IN CONJUNCTION WITH MANY LOCAL TEAMS THAT WERE HELD IN 26
DIFFERENT COUNTRIES WITH WELL OVER 2,000 PEOPLE IN ATTENDANCE OVERALL.

FORM 990, PART VI, SECTION A, LINE 3:
MANAGEMENT CONTROL WAS TRANSFERED TO VIRTUAL, INC. IN AUGUST OF 2014.

FORM 990, PART VI, SECTION B, LINE 11B:
THE TREASURER RECEIVED A COPY OF THE 990 TO APPROVE BEFORE IT WAS FILED.

FORM 990, PART VI, SECTION B, LINE 12C:
THE OWASP BOARD OF DIRECTORS IS CHARGED WITH MONITORING PROPOSED OR ONGOING
TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR
ACTUAL CONFLICTS. PURSUANT TO OWASP'S CONFLICT OF INTEREST POLICY, EACH
DIRECTOR, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD
DELEGATED POWERS, AND EMPLOYEE, SHALL ANNUALLY SIGN A STATEMENT WHICH
AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST
POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; AND 3) HAS AGREED TO COMPLYWITH THE POLICY.

PRIOR TO ANY VOTE OF THE BOARD OF DIRECTORS, A CONFLICTOF INTEREST STATEMENT IS REQUIRED BY ANY BOARD MEMBER WHO IS AWARE OF ANY
POTENTIAL CONFLICTS OF INTEREST TO ENSURE THAT ALL PARTIES ARE AWARE OF ANY
SUCH CONFLICTS. ANY CONFLICT SHALL BE DISCLOSED TO THE BOARD OF DIRECTORSBY THE PERSON CONCERNED. WHEN ANY CONFLICT OF INTEREST IS RELEVANT TO A
MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS, THE INTERESTED PERSONSHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS OR ITS APPROPRIATECOMMITTEE AND SUCH PERSON SHALL NOT VOTE ON THE MATTER; PROVIDED HOWEVER,
ANY DIRECTOR DISCLOSING A POSSIBLE CONFLICT OF INTEREST MAY BE COUNTED IN
DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF DIRECTORSOR A COMMITTEE THEREOF. THE PERSON HAVING THE CONFLICT SHALL NOT
632212 08-25-16

Schedule O (Form 990 or 990-EZ) (2016)

Schedule O (Form 990 or 990-EZ) (2016)
Name of the organization

Page 2
Employer identification number

THE OWASP FOUNDATION, INC.

20-0963503

PARTICIPATE IN THE DECISION REGARDING THE MATTER UNDER CONSIDERATION.

FORM 990, PART VI, SECTION B, LINE 15B:
THE BOARD OF DIRECTORS OF THE ORGANIZATION OR AN AUTHORIZED COMMITTEE
THEREOF SHALL REVIEW AND APPROVE COMPENSATION OF OFFICERS, DIRECTORS, TOP
MANAGEMENT OFFICIALS, AND KEY EMPLOYEES IN ADVANCE.

FORM 990, PART VI, SECTION C, LINE 19:
WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING
DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADEAVAILABLE FOR PUBLIC INSPECTION, OWASP POSTS ALL OF THESE DOCUMENTS TO ITSWEBSITE AND THEY ARE AVAILABLE FOR PUBLIC ACCESS.

FORM 990, PART XII, LINE 2C:
THE FOUNDATION'S BOARD OF DIRECTOR REVIEWED THE AUDIT.

PART VI, LINE 11B
THE ORGANIZATION'S ACCOUNTING DEPARTMENT WORKED CLOSELY WITH THE
OUTSIDE ACCOUNTING FIRM IT ENGAGED TO PREPARE THE FORM 990. THE FINAL
DRAFT OF THE FORM 990 WAS REVIEWED BY THE TREASURER AND PRESIDENT

632212 08-25-16

Schedule O (Form 990 or 990-EZ) (2016)

Name of the organization

Open to Public
Inspection
Employer identification number

THE OWASP FOUNDATION, INC.

20-0963503

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)Name, address, and EIN (if applicable)of disregarded entity

Part II2016| Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
| Attach to Form 990.
| Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

Department of the Treasury
Internal Revenue Service

Part IOMB No. 1545-0047

Related Organizations and Unrelated Partnerships

SCHEDULE R(Form 990)(b)
Primary activity(c)Legal domicile (state or
foreign country)(d)Total income(e)End-of-year assets(f)Direct controlling
entityIdentification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt
organizations during the tax year.
(a)Name, address, and EINof related organization

OWASP EUROPE VZWLEINSTRAAT 104A B-9660, OPBRAKEL, BELGIUM(b)Primary activity

SUPPORT OWASPFor Paperwork Reduction Act Notice, see the Instructions for Form 990.
632161 09-06-16

LHA

(c)
Legal domicile (state or
foreign country)

BELGIUM(d)
Exempt Codesection

501(C)(3)(e)
Public charity
status (if section
501(c)(3))

LINE 10(f)
Direct controlling
entity(g)

Section 512(b)(13)
controlled
entity?

Yes

OWASP FDN.

No

X

Schedule R (Form 990) 2016

Schedule R (Form 990) 2016
Part IIITHE OWASP FOUNDATION, INC.

Page 2

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more relatedorganizations treated as a partnership during the tax year.

(a)Name, address, and EINof related organization

Part IV

20-0963503(b)
Primary activity

(c)

Legal
domicile(state orforeigncountry)(d)Direct controlling
entity(e)
Predominant income(related, unrelated,excluded from tax under
sections 512-514)(f)
Share of total
income(g)
Share ofend-of-year
assets(h)Disproportionate
allocations?

Yes

No

(i)
(j)
(k)
General or Percentage
Code V-UBI
amount in box managing ownership
20 of Schedule partner?
K-1 (Form 1065) Yes No

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more relatedorganizations treated as a corporation or trust during the tax year.
(a)Name, address, and EINof related organization

632162 09-06-16(b)
Primary activity(c)Legal domicile(state orforeigncountry)(d)Direct controlling
entity(e)Type of entity(C corp, S corp,
or trust)(f)
Share of total
income(g)
Share ofend-of-year
assets(h)
Percentage
ownership(i)

Section
512(b)(13)
controlled
entity?

Yes

No

Schedule R (Form 990) 2016

Schedule R (Form 990) 2016
Part VTHE OWASP FOUNDATION, INC.

20-0963503

Page 3

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note: Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~b Gift, grant, or capital contribution to related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~c Gift, grant, or capital contribution from related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
d Loans or loan guarantees to or for related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
e Loans or loan guarantees by related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1a
1b
1c
1d
1e

X
X
X
X
X

Dividends from related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Sale of assets to related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Purchase of assets from related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Exchange of assets with related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Lease of facilities, equipment, or other assets to related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1f
1g
1h
1i
1j

X
X
X
X
X

k Lease of facilities, equipment, or other assets from related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~l Performance of services or membership or fundraising solicitations for related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~m Performance of services or membership or fundraising solicitations by related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~o Sharing of paid employees with related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1k
1l
1m
1n
1o

X
X
X
X
X

p Reimbursement paid to related organization(s) for expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
q Reimbursement paid by related organization(s) for expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1p
1q

r Other transfer of cash or property to related organization(s) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~s Other transfer of cash or property from related organization(s) ••••••••••••••••••••••••••••••••••••••••••••••••••••••••
2 If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

1r
1s

f
g
h
i
j

(a)
Name of related organization(b)
Transaction
type (a-s)(c)
Amount involved

Yes

X

No

X
X
X

(d)
Method of determining amount involved

(1)
(2)
(3)
(4)
(5)
(6)
632163 09-06-16

Schedule R (Form 990) 2016

Schedule R (Form 990) 2016
Part VITHE OWASP FOUNDATION, INC.

20-0963503

Page 4

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue)
that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)Name, address, and EINof entity(b)Primary activity

(c)
(d)
(e)
Are all
Predominant income partners sec.
Legal domicile
501(c)(3)(related, unrelated,(state or foreign
excluded from tax under orgs.?
country)
sections 512-514) Yes No(f)Share oftotal
income(g)
Share ofend-of-year
assets

(h)

(i)

(j)

(k)

DisproporCode V-UBI General or Percentage
tionate amount in box 20 managing
allocations? of Schedule K-1 partner? ownership

Yes No(Form 1065)

Yes NoSchedule R (Form 990) 2016
632164 09-06-16

THE OWASP FOUNDATION, INC.
Part VII Supplemental Information.

Schedule R (Form 990) 201620-0963503

Page 5

Provide additional information for responses to questions on Schedule R. See instructions.

632165 09-06-16

Schedule R (Form 990) 2016

Form

Exempt Organization Business Income Tax Return

990-T(and proxy tax under section 6033(e))

For calendar year 2016 or other tax year beginning

Check box ifaddress changed

B Exempt under section
X 501(c )( 3 )220(e)
408(e)
408A
529(a), and ending

2016

.

| Information about Form 990-T and its instructions is available at www.irs.gov/form990t.
Open to Public Inspection for
501(c)(3) Organizations Only
| Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
Employer
identification number
D
Name of organization (Check box if name changed and see instructions.)(Employees' trust, see

Department of the Treasury
Internal Revenue Service

A

OMB No. 1545-0687

instructions.)

Print
or
Type

530(a)THE OWASP FOUNDATION, INC.

20-0963503

Number, street, and room or suite no. If a P.O. box, see instructions.

1200-C AGORA DRIVE, NO. 232

City or town, state or province, country, and ZIP or foreign postal code

BEL AIR, MD

21014

|
F Group exemption number (See instructions.)
1,453,903. G Check organization type |X 501(c) corporation
501(c) trust
401(a) trust
H Describe the organization's primary unrelated business activity. | MERCHANDISE SALESI During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ~~~~~~ |If "Yes," enter the name and identifying number of the parent corporation. |E Unrelated business activity codes(See instructions.)

541800value of all assets
C Bookat end of year

VIRTUAL, INC.
Unrelated Trade or Business Income
1,527.
1 a Gross receipts or sales

J The books are in care of |Part I

Other trust
Yes

Compensation of officers, directors, and trustees (Schedule K) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Salaries and wages ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Repairs and maintenance ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Bad debts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Interest (attach schedule) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Taxes and licenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Charitable contributions (See instructions for limitation rules) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Depreciation (attach Form 4562) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
21
Less depreciation claimed on Schedule A and elsewhere on return ~~~~~~~~~~~~~ 22a
Depletion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contributions to deferred compensation plans ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Employee benefit programs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Excess exempt expenses (Schedule I) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Excess readership costs (Schedule J) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other deductions (attach schedule) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total deductions. Add lines 14 through 28 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Unrelated business taxable income before net operating loss deduction. Subtract line 29 from line 13 ~~~~~~~~~~~~Net operating loss deduction (limited to the amount on line 30) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Unrelated business taxable income before specific deduction. Subtract line 31 from line 30 ~~~~~~~~~~~~~~~~~
Specific deduction (Generally $1,000, but see line 33 instructions for exceptions) ~~~~~~~~~~~~~~~~~~~~~
Unrelated business taxable income. Subtract line 33 from line 32. If line 33 is greater than line 32, enter the smaller of zero orline 32 •••••••••••••••••••••••••••••••••••••••••••••••••••••

623701 01-18-17

LHA

For Paperwork Reduction Act Notice, see instructions.

No

Telephone number | 781-876-8914(A) Income(B) Expenses(C) Net1,527.
b Less returns and allowancesc Balance ~~~ |1c
2 Cost of goods sold (Schedule A, line 7) ~~~~~~~~~~~~~~~~~
2
1,527.
3 Gross profit. Subtract line 2 from line 1c ~~~~~~~~~~~~~~~~
3
4 a Capital gain net income (attach Schedule D) ~~~~~~~~~~~~~~~
4ab Net gain (loss) (Form 4797, Part II, line 17) (attach Form 4797) ~~~~~~
4bc Capital loss deduction for trusts ~~~~~~~~~~~~~~~~~~~~
4c
5 Income (loss) from partnerships and S corporations (attach statement) ~~~5
6 Rent income (Schedule C) ~~~~~~~~~~~~~~~~~~~~~~
6
7 Unrelated debt-financed income (Schedule E) ~~~~~~~~~~~~~~
7
8 Interest, annuities, royalties, and rents from controlled organizations (Sch. F)~
8
9 Investment income of a section 501(c)(7), (9), or (17) organization (Schedule G) 9
10 Exploited exempt activity income (Schedule I) ~~~~~~~~~~~~~~
10
11 Advertising income (Schedule J) ~~~~~~~~~~~~~~~~~~~~
11
12 Other income (See instructions; attach schedule) ~~~~~~~~~~~~
12
1,527.
13 Total. Combine lines 3 through 12•••••••••••••••••••
13
Part II Deductions Not Taken Elsewhere (See instructions for limitations on deductions.)(Except for contributions, deductions must be directly connected with the unrelated business income.)
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34

X

1,527.

1,527.

14
15
16
17
18
19
20
22b
23
24
25
26
27
28
29
30
31
32
33
34

0.
1,527.
1,527.
1,000.
527.
Form 990-T (2016)

THE OWASP FOUNDATION, INC.
Tax Computation

20-0963503

Form 990-T (2016)

Part III

Organizations Taxable as Corporations. See instructions for tax computation.
Controlled group members (sections 1561 and 1563) check here |See instructions and:a Enter your share of the $50,000, $25,000, and $9,925,000 taxable income brackets (in that order):
(1) $
(2) $
(3) $
b Enter organization's share of: (1) Additional 5% tax (not more than $11,750)$(2) Additional 3% tax (not more than $100,000) ~~~~~~~~~~~~~ $c Income tax on the amount on line 34 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |36 Trusts Taxable at Trust Rates. See instructions for tax computation. Income tax on the amount on line 34 from:Tax rate schedule or
Schedule D (Form 1041) ~~~~~~~~~~~~~~~~~~~~~~~~~~~ |37 Proxy tax. See instructions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |38 Alternative minimum tax ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
39 Tax on Non-Compliant Facility Income. See instructions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
40 Total. Add lines 37, 38 and 39 to line 35c or 36, whichever applies ••••••••••••••••••••••••••

Page 235

Part IV

35c

79.

36
37
38
39
40

79.

Tax and Payments

41 a Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116) ~~~~~~~~
41a
41b
b Other credits (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~
41c
c General business credit. Attach Form 3800 ~~~~~~~~~~~~~~~~~~~~~~
41d
d Credit for prior year minimum tax (attach Form 8801 or 8827) ~~~~~~~~~~~~~~e Total credits. Add lines 41a through 41d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
42 Subtract line 41e from line 40 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
43 Other taxes. Check if from:
Form 4255
Form 8611
Form 8697
Form 8866
Other (attach schedule)
44 Total tax. Add lines 42 and 43 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
45 a Payments: A 2015 overpayment credited to 2016 ~~~~~~~~~~~~~~~~~~~
45a
45b
b 2016 estimated tax payments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
45c
c Tax deposited with Form 8868 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
45d
d Foreign organizations: Tax paid or withheld at source (see instructions) ~~~~~~~~~~
45e
e Backup withholding (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~
45f
f Credit for small employer health insurance premiums (Attach Form 8941) ~~~~~~~~
Form 2439
g Other credits and payments:
Form 4136
Other
Total | 45g
46 Total payments. Add lines 45a through 45g ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
47 Estimated tax penalty (see instructions). Check if Form 2220 is attached |~~~~~~~~~~~~~~~~~~~
48 Tax due. If line 46 is less than the total of lines 44 and 47, enter amount owed ~~~~~~~~~~~~~~~~~~~ |49 Overpayment. If line 46 is larger than the total of lines 44 and 47, enter amount overpaid ~~~~~~~~~~~~~~ |50 Enter the amount of line 49 you want: Credited to 2017 estimated tax |Refunded|Part V Statements Regarding Certain Activities and Other Information (see instructions)

41e
42
43
44

79.
79.

46
47
48
49
50

79.

51

At any time during the 2016 calendar year, did the organization have an interest in or a signature or other authority
over a financial account (bank, securities, or other) in a foreign country? If YES, the organization may have to file
FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If YES, enter the name of the foreign country
BELGIUMhere |

52

During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? ~~~~~~~~~
If YES, see instructions for other forms the organization may have to file.
Enter the amount of tax-exempt interest received or accrued during the tax year | $

53

Sign
Here

Yes

X

No

X

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

=

Signature of officer
Print/Type preparer's name

Date
Preparer's signature=

CHAIRMAN

Title

May the IRS discuss this return withthe preparer shown below (seeinstructions)?

Date

Check
if
self- employed

PTIN

X

Yes

No

THOMAS F. MULDOON, THOMAS F. MULDOON,
Paid
CPA
CPA
11/13/17
P01561688
Preparer
ALEXANDER, ARONSON, FINNING & CO., P.C. Firm's EIN
04-2571780
Firm's nameUse Only
50 WASHINGTON STREETWESTBOROUGH, MA 01581
Firm's address
Phone no. 508-366-9100
Form 990-T (2016)

9623711 01-18-17

99

Form 990-T (2016) THE

OWASP FOUNDATION, INC.

20-0963503

Schedule A - Cost of Goods Sold. Enter method of inventory valuation
1 Inventory at beginning of year ~~~2 Purchases ~~~~~~~~~~~
3 Cost of labor~~~~~~~~~~~
4 a Additional section 263A costs(attach schedule) ~~~~~~~~b Other costs (attach schedule) ~~~5 Total. Add lines 1 through 4b •••

1
2
3

|

Page 3N/A

6 Inventory at end of year ~~~~~~~~~~~~
6
7 Cost of goods sold. Subtract line 6
from line 5. Enter here and in Part I,
line 2 ~~~~~~~~~~~~~~~~~~~~
7
8 Do the rules of section 263A (with respect toproperty produced or acquired for resale) apply tothe organization? •••••••••••••••••••••••

4a
4b
5

Yes

No

Schedule C - Rent Income (From Real Property and Personal Property Leased With Real Property)(see instructions)

1. Description of property
(1)
(2)
(3)
(4)
2.

Rent received or accrued(a) From personal property (if the percentage of
(1)
(2)
(3)
(4)

columns 2(a) and 2(b) (attach schedule)of rent for personal property exceeds 50% or if
the rent is based on profit or income)

0.

Total

3(a) Deductions directly connected with the income in(b) From real and personal property (if the percentage

rent for personal property is more than
10% but not more than 50%)

0.

Total

(b) Total deductions.

(c) Total income. Add totals of columns 2(a) and 2(b). Enter
here and on page 1, Part I, line 6, column (A) ••••••• |Enter here and on page 1,

0. Part I, line 6, column (B) • |Schedule E - Unrelated Debt-Financed Income (see instructions)

3. Deductions directly connected with or allocable

2. Gross income from
1. Description of debt-financed property0.

to debt-financed property

or allocable to debtfinanced property(a) Straight line depreciation(b) Other deductions

6. Column 4 divided

7. Gross income
reportable (column
2 x column 6)

8. Allocable deductions(column 6 x total of columns
3(a) and 3(b))

Enter here and on page 1,
Part I, line 7, column (A).

Enter here and on page 1,
Part I, line 7, column (B).

(attach schedule)(attach schedule)

(1)
(2)
(3)
(4)
4. Amount of average acquisition
debt on or allocable to debt-financed
property (attach schedule)
(1)
(2)
(3)
(4)

5. Average adjusted basisof or allocable todebt-financed property(attach schedule)by column 5

%
%
%
%

0.
Totals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |Total dividends-received deductions included in column 8 ••••••••••••••••••••••••••••••••• |0.
0.
Form 990-T (2016)

623721 01-18-17

Form 990-T (2016) THE

OWASP FOUNDATION, INC.
20-0963503
Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions)Page 4

Exempt Controlled Organizations

1. Name of controlled organization

2. Employer

identification
number

3. Net unrelated income(loss) (see instructions)4. Total of specified
payments made5. Part of column 4 that isincluded in the controllingorganization's gross income

6. Deductions directly

connected with income
in column 5

(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7. Taxable Income

8. Net unrelated income (loss)(see instructions)9. Total of specified payments
made

10. Part of column 9 that is includedin the controlling organization's
gross income

11. Deductions directly connectedwith income in column 10

(1)
(2)
(3)
(4)
Add columns 5 and 10.

Add columns 6 and 11.

Enter here and on page 1, Part I,
line 8, column (A).

Enter here and on page 1, Part I,
line 8, column (B).

0.

Totals •••••••••••••••••••••••••••••••••••••••• J

0.

Schedule G - Investment Income of a Section 501(c)(7), (9), or (17) Organization(see instructions)

1. Description of income

2. Amount of income

3. Deductions
directly connected(attach schedule)

4. Set-asides(attach schedule)

5. Total deductions
and set-asides(col. 3 plus col. 4)

(1)
(2)
(3)
(4)
Enter here and on page 1,
Part I, line 9, column (A).

Enter here and on page 1,
Part I, line 9, column (B).

0.
9Schedule I - Exploited Exempt Activity Income, Other Than Advertising Income

0.

Totals ••••••••••••••••••••••••••••••(see instructions)

2. Gross

1. Description of

unrelated businessincome fromtrade or businessexploited activity

4. Net income (loss)
from unrelated trade orbusiness (column 2
minus column 3). If again, compute cols. 5
through 7.

3. Expenses
directly connectedwith productionof unrelated
business income

5. Gross income
from activity thatis not unrelated
business income

6. Expenses
attributable tocolumn 5

7. Excess exempt
expenses (column
6 minus column 5,
but not more thancolumn 4).

(1)
(2)
(3)
(4)

9

Enter here and on
page 1, Part I,
line 10, col. (A).

Enter here and on
page 1, Part I,
line 10, col. (B).

Enter here andon page 1,
Part II, line 26.

0.
0.
Schedule J - Advertising Income (see instructions)
Part I Income From Periodicals Reported on a Consolidated Basis

Totals ••••••••••

2. Gross
advertisingincome1. Name of periodical
(1)
(2)
(3)
(4)
Totals (carry to Part II, line (5)) ••623731 01-18-17

9

3. Direct

advertising costs

0.

0.

4. Advertising gainor (loss) (col. 2 minuscol. 3). If a gain, computecols. 5 through 7.

0.

5. Circulation
income6. Readershipcosts

7. Excess readershipcosts (column 6 minus
column 5, but not morethan column 4).

0.
Form 990-T (2016)

Form 990-T (2016) THE

OWASP FOUNDATION, INC.
20-0963503
IncomeFrom
Periodicals
ReportedonaSeparate
Basis
(For
each
periodical
listedin Part II, fill inPart II

Page 5columns 2 through 7 on a line-by-line basis.)
2. Gross
advertisingincome1. Name of periodical
(1)
(2)
(3)
(4)
Totals from Part I •••••••

99

3. Direct

advertising costs

0.
Enter here and on
page 1, Part I,
line 11, col. (A).

4. Advertising gainor (loss) (col. 2 minuscol. 3). If a gain, computecols. 5 through 7.

5. Circulation

6. Readershipincome

costs

0.

0.

Enter here and on
page 1, Part I,
line 11, col. (B).

Enter here andon page 1,
Part II, line 27.

0.
0.
Schedule K - Compensation of Officers, Directors, and Trustees (see instructions)

Totals, Part II (lines 1-5)•••••

1. Name2. Title

0.

3. Percent oftime devoted tobusiness

(1)
(2)
(3)
(4)
Total. Enter here and on page 1, Part II, line 14 •••••••••••••••••••••••••••••••••••

623732 01-18-17

7. Excess readershipcosts (column 6 minus
column 5, but not morethan column 4).

4. Compensation attributable
to unrelated business

%
%
%
%

9

0.
Form 990-T (2016)