Civic Intelligence

Shared Interest Inc.

990 • Fiscal year 2012 • EIN 13-3836581

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 14, 2013

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

0.85x

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

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

88th percentile

23%

Faster asset growth than 88% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$17,330,985

Up $3,196,985 (+23%) from 2011

Net Assets

Up

$2,540,129

Up $638,245 (+34%) from 2011

Liabilities

Up

$14,790,856

Up $2,558,740 (+21%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,339,185

Up $93,074 (+7.5%) from 2011

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 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

2012

Assets$17,330,985
Liabilities$14,790,856
Net Assets$2,540,129

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 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

2012

Revenue-
Expenses$1,339,185
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 14, 2013
Return Version
2012v2.0
Gross Receipts
$2,296,468
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 expand their dwellings or start businesses which in turn generate employment for others in their communities.
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IRS990/Description0During the 2012 tax year, the organization had outstanding as many as 6 agreements guaranteeing commercial loans to emerging small businesses and microfinance intermediary organizations in South Africa and neighboring Swaziland. Five of this number supported enterprises in South Africa, our principal focus of activity. The aggregate exposure involved in the guarantees totaled approximately $1,928,000 in the year, a year in which local lending institutions continued to exhibit a great reluctance to make credit available to people of color, the vast majority of the region's citizens, while maintaining (with some justification) the profit margins of such lending are too thin relative to the perceived risk. Nonetheless, the credit facilities arranged by Shared Interest in the US, because they were limited to no more than 75% of the exposure, did unlock total lending of sums in excess of the stated amount by virtue of the risk-sharing agreed in the contracts between local institutions and the Organization working through its local partner, the Thembani International Guarantee Fund. Additionally, the guarantee program, implemented by means of the proven trans-border mechanism of standby bank letters of credit, continued to give confidence to institutions in South Africa other than traditional banks, such as quasi-governmental funding agencies and union pension funds, to put capital at risk in the sphere of small business finance and lending to economically-disenfranchised individuals. Collateralizing the letters of credit, were 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 mitigate the economic marginalization of a class people once dismissed as utterly unbankable. Cumulatively, since the inception of Shared Interest, more than 2,000,000 low-income persons have benefited from the Organization's guarantees.
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IRS990/GrossReceipts02296468
IRS990/GrossRents/Personal00
IRS990/GrossRents/Real00
IRS990/GrossSalesOfInventory00
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IncomeFromInvestBondProceeds/ExclusionAmount00
IRS990/IncomeFromInvestBondProceeds/RelatedOrExemptFunctionIncome00
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IncomeFromInvestBondProceeds/UnrelatedBusinessRevenue00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/Fundraising01462
IRS990/InformationTechnology/ManagementAndGeneral0597
IRS990/InformationTechnology/ProgramServices05839
IRS990/InformationTechnology/Total07898
IRS990/Insurance/Fundraising0338
IRS990/Insurance/ManagementAndGeneral0138
IRS990/Insurance/ProgramServices01350
IRS990/Insurance/Total01826
IRS990/Interest/Fundraising00
IRS990/Interest/ManagementAndGeneral00
IRS990/Interest/ProgramServices0241912
IRS990/Interest/Total0241912
IRS990/InventoriesForSaleOrUse/BOY00
IRS990/InventoriesForSaleOrUse/EOY00
IRS990/InvestmentIncomeCurrentYear057679
IRS990/InvestmentIncome/ExclusionAmount055828
IRS990/InvestmentIncomePriorYear033236
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome00
IRS990/InvestmentIncome/TotalRevenueColumn055828
IRS990/InvestmentIncome/UnrelatedBusinessRevenue00
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY00
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/BOY011761002
IRS990/InvestmentsProgramRelated/EOY013554666
IRS990/InvestmentsPubTradedSecurities/BOY0855856
IRS990/InvestmentsPubTradedSecurities/EOY0830103
IRS990/JointCosts0X
IRS990/LandBldgEquipmentAccumDeprec043040
IRS990/LandBuildingsEquipmentBasis060470
IRS990/LandBuildingsEquipmentBasisNet/BOY013013
IRS990/LandBuildingsEquipmentBasisNet/EOY017430
IRS990/LessCostOthBasisSalesExpenses/Other099418
IRS990/LessCostOthBasisSalesExpenses/Securities0245251

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