Civic Intelligence

Shared Interest Inc.

990 • Fiscal year 2010 • EIN 13-3836581

Jan 01, 2010 to Dec 31, 2010 • Filed on Aug 12, 2011

121 West 27th StreetSuite 80510001-6207
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.88x

Higher debt load relative to assets than 87% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$14,442,929

No earlier filing loaded for comparison.

Net Assets

$1,681,400

No earlier filing loaded for comparison.

Liabilities

$12,761,529

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,304,630

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $14,442,929Liabilities 2010: $12,761,529Net Assets 2010: $1,681,4002010Assets 2011: $14,134,000Liabilities 2011: $12,232,116Net Assets 2011: $1,901,8842011Assets 2012: $17,330,985Liabilities 2012: $14,790,856Net Assets 2012: $2,540,1292012Assets 2013: $17,742,933Liabilities 2013: $15,339,418Net Assets 2013: $2,403,5152013Assets 2014: $18,167,786Liabilities 2014: $15,561,614Net Assets 2014: $2,606,1722014Assets 2015: $19,324,881Liabilities 2015: $17,031,301Net Assets 2015: $2,293,5802015Assets 2016: $20,448,555Liabilities 2016: $18,378,907Net Assets 2016: $2,069,6482016Assets 2017: $18,318,805Liabilities 2017: $15,803,317Net Assets 2017: $2,515,4882017Assets 2018: $16,934,536Liabilities 2018: $14,258,564Net Assets 2018: $2,675,9722018Assets 2019: $17,286,554Liabilities 2019: $14,516,824Net Assets 2019: $2,769,7302019Assets 2020: $15,352,690Liabilities 2020: $12,188,053Net Assets 2020: $3,164,6372020Assets 2021: $15,315,615Liabilities 2021: $12,297,263Net Assets 2021: $3,018,3522021Assets 2022: $14,330,122Liabilities 2022: $12,282,917Net Assets 2022: $2,047,2052022Assets 2023: $12,827,933Liabilities 2023: $10,817,714Net Assets 2023: $2,010,2192023Assets 2024: $15,028,917Liabilities 2024: $13,245,968Net Assets 2024: $1,782,9492024

Highlighted filing

2010

Assets$14,442,929
Liabilities$12,761,529
Net Assets$1,681,400

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,304,6302010Expenses 2011: $1,246,1112011Expenses 2012: $1,339,1852012Revenue 2013: $1,385,501Expenses 2013: $1,243,670Net Income 2013: $141,8312013Revenue 2014: $1,509,685Expenses 2014: $1,325,705Net Income 2014: $183,9802014Revenue 2015: $1,527,894Expenses 2015: $1,490,801Net Income 2015: $37,0932015Revenue 2016: $1,643,643Expenses 2016: $2,086,363Net Income 2016: -$442,7202016Revenue 2017: $2,166,484Expenses 2017: $1,771,984Net Income 2017: $394,5002017Revenue 2018: $1,739,792Expenses 2018: $1,296,584Net Income 2018: $443,2082018Revenue 2019: $1,585,044Expenses 2019: $1,871,536Net Income 2019: -$286,4922019Revenue 2020: $1,514,840Expenses 2020: $1,400,613Net Income 2020: $114,2272020Revenue 2021: $1,510,190Expenses 2021: $1,327,621Net Income 2021: $182,5692021Revenue 2022: $1,239,659Expenses 2022: $1,629,760Net Income 2022: -$390,1012022Revenue 2023: $1,153,728Expenses 2023: $1,278,233Net Income 2023: -$124,5052023Revenue 2024: $1,041,762Expenses 2024: $1,320,843Net Income 2024: -$279,0812024

Highlighted filing

2010

Revenue-
Expenses$1,304,630
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Aug 12, 2011
Return Version
2010v3.4
Gross Receipts
$1,614,501
Mission and Program Overview

Mission

The Organization seeks to promote social reconstruction in South Africa and neighboring countries by facilitating access to credit for low-income borrowers through the provision of loan guarantees to mainstream banks and other financial institutions. As these lenders have historically been reluctant to extend credit to a sector of the population they consider un-bankable, the majority of Southern African citizens, absent the guarantees, would continue to be economically marginalized.

Filing and Contact Details

Filer

EIN
13-3836581
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IRS990/ActivityOrMissionDescription0To promote the equitable development of post-Apartheid South Africa and neighboring countries by guaranteeing bank loans to low-income borrowers so that they may support their families, build or expend their dwellings or start businesses which in turn generate employment for others in their communities.
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IRS990/Description0During the 2010 tax year, the Organization had outstanding as many as 9 agreements guaranteeing commercial loans to emerging small businesses and micro-finance intermediary organizations in South Africa. The aggregate exposure involved in the guarantees totaled close to $2.6 million at one point in the year, a year in which that country's financial institutions continued to recoil from lending into a sector they perceived to be high risk and returning margins too thin to increase importantly their bottom lines. Nonetheless, the credit facilities arranged by Shared Interest in the US, because they were limited to no more than 75% of the exposure, did in turn unlock the lending of sums in excess of the stated amount by virtue of the risk-sharing agreed in the contracts between the Organization, its local partner, the Thembani International Guarantee Fund, and mainstream South African banks. Additionally, the guarantee program, backed by the proven mechanism of stand-by bank letters of credit, continued to give confidence to South African institutions other than traditional banks, such as union pension funds and groups of private local investors, to put capital at risk in the sphere of small business finance and lending to economically disenfranchised people. Collateralizing this activity, and the letters of credit, are the US-based investments of the Organization derived from loans and donations by American individuals and institutions whose willingness to risk capital for a charitable purpose has worked significantly to reduce the economic marginalization of a class of people (the majority of South Africa's population) once dismissed as "unbankable." Cumulatively, since Shared Interest began, some 2,000,000 low-income persons have benefited from the Organization's guarantees.
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IRS990/LandBuildingsEquipmentBasisNet/BOY021294
IRS990/LandBuildingsEquipmentBasisNet/EOY018665
IRS990/LessCostOthBasisSalesExpenses/Other00
IRS990/LessCostOthBasisSalesExpenses/Securities021503
IRS990/LessRentalExpenses/Personal00
IRS990/LessRentalExpenses/Real00
IRS990/LoansFromOfficersDirectors/BOY00
IRS990/LoansFromOfficersDirectors/EOY00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembershipDues00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0Promote social reconstruction in South Africa by facilitating access to credit for low-income borrowers through the provision of guarantees to mainstream banks in South Africa which, without such incentives, have historically been reluctant to lend to a sector of the population they consider un-bankable, thus marginalizing from the economy the majority of that country's citizens.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations01
IRS990/MortNotesPyblSecuredInvestProp/BOY00
IRS990/MortNotesPyblSecuredInvestProp/EOY00
IRS990/NameOfPrincipalOfficerPerson0Donna Katzin
IRS990/NbrIndependentVotingMembers022
IRS990/NbrVotingGoverningBodyMembers023
IRS990/NbrVotingMembersGoverningBody023
IRS990/NetAssetsOrFundBalancesBOY01439360
IRS990/NetAssetsOrFundBalancesEOY01681400
IRS990/NetGainOrLossInvestments/ExclusionAmount04652
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$13.2$1.78$1.04$1.32$0.28
2023Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$12.8$10.8$2.01$1.15$1.28$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$12.3$2.05$1.24$1.63$0.39
2021Detailed filing. Detailed filing data is available for this year.$15.3$12.3$3.02$1.51$1.33$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$12.2$3.16$1.51$1.40$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$14.5$2.77$1.59$1.87$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$14.3$2.68$1.74$1.30$0.44
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$15.8$2.52$2.17$1.77$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$18.4$2.07$1.64$2.09$0.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$17.0$2.29$1.53$1.49$0.04
2014Detailed filing. Detailed filing data is available for this year.$18.2$15.6$2.61$1.51$1.33$0.18
2013Detailed filing. Detailed filing data is available for this year.$17.7$15.3$2.40$1.39$1.24$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$14.8$2.54$1.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$12.2$1.90$1.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$12.8$1.68$1.30