Civic Intelligence

Techassure Association Inc

990 • Fiscal year 2021 • EIN 13-4102591

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 22, 2022

Organization ProfileWWW.TECHASSURE.ORG

View Organization Page

37539 Oak Green LanePurcellville, VA 20132

(703) 946-0320

Siviq Scores

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

Liabilities / Assets

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$130,558

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 28.5% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

91st percentile

70%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

41st percentile

-3.9%

Faster revenue growth than 41% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$295,270

Up $121,952 (+70%) from 2020

Net Assets

Up

$295,270

Up $121,952 (+70%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin77th percentile

Revenue

Down

$458,574

Down $18,530 (-3.9%) from 2020

Expenses

Down

$336,622

Down $120,413 (-26%) from 2020

Net Income

Up

$121,952

Up $101,883 (+508%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$300K$200K$100K$0Assets 2014: $196,989Liabilities 2014: $8,603Net Assets 2014: $188,3862014Assets 2015: $265,662Liabilities 2015: $9,648Net Assets 2015: $256,0142015Assets 2016: $202,675Liabilities 2016: $0Net Assets 2016: $202,6752016Assets 2017: $180,476Liabilities 2017: $0Net Assets 2017: $180,4762017Assets 2018: $185,683Liabilities 2018: $0Net Assets 2018: $185,6832018Assets 2019: $153,249Liabilities 2019: $0Net Assets 2019: $153,2492019Assets 2020: $173,318Liabilities 2020: $0Net Assets 2020: $173,3182020Assets 2021: $295,270Liabilities 2021: $0Net Assets 2021: $295,2702021Assets 2022: $203,001Liabilities 2022: $0Net Assets 2022: $203,0012022Assets 2023: $223,412Liabilities 2023: $0Net Assets 2023: $223,4122023Assets 2024: $211,837Liabilities 2024: $0Net Assets 2024: $211,8372024

Highlighted filing

2021

Assets$295,270
Liabilities$0
Net Assets$295,270
Open 2021 Filing

Operations Trend

Revenue Growth41st percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $391,186Expenses 2014: $348,175Net Income 2014: $43,0112014Revenue 2015: $465,916Expenses 2015: $398,288Net Income 2015: $67,6282015Revenue 2016: $368,099Expenses 2016: $421,438Net Income 2016: -$53,3392016Revenue 2017: $422,637Expenses 2017: $444,836Net Income 2017: -$22,1992017Revenue 2018: $419,580Expenses 2018: $414,373Net Income 2018: $5,2072018Revenue 2019: $468,938Expenses 2019: $501,372Net Income 2019: -$32,4342019Revenue 2020: $477,104Expenses 2020: $457,035Net Income 2020: $20,0692020Revenue 2021: $458,574Expenses 2021: $336,622Net Income 2021: $121,9522021Revenue 2022: $524,335Expenses 2022: $616,604Net Income 2022: -$92,2692022Revenue 2023: $583,741Expenses 2023: $563,330Net Income 2023: $20,4112023Revenue 2024: $551,128Expenses 2024: $562,703Net Income 2024: -$11,5752024

Highlighted filing

2021

Revenue$458,574
Expenses$336,622
Net Income$121,952
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 22, 2022
Return Version
2021v4.2
Gross Receipts
$458,574
Mission and Program Overview

Mission

To educate insurance industry

To educate insurance industry professionals and the general public about risk management

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$76,758$204,476▲ $127,718
Savings and Temporary Cash Investments$50,769$50,794▲ $25
Accounts Receivable$44,000$40,000▼ $4,000
Prepaid Expenses and Deferred Charges$1,791--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$173,318$295,270▲ $121,952
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$173,318$295,270▲ $121,952
Total Net Assets Fund Balance$173,318$295,270▲ $121,952
Total Liabilities and Net Assets / Fund Balance$173,318$295,270▲ $121,952

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,364$3,364
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
H Garrett DroegeExecutive DirectorFT$124,537$6,021$130,558
Christine KallivokasExecutive DirectorFT$36,562$2,568$39,130

Board Members and Trustees

NameTitle
Paul DicksonChairperson
Andrea Di GiacomoBoard Member
Doug FrielBoard Member
Doug JonesBoard Member
Emily SelckBoard Member
Frederic NouialleBoard Member
Gautam BodaBoard Member
Greg MeseroleBoard Member
Jean Luc VerbaetBoard Member
Jim RobertsBoard Member
John MocciaBoard Member
Jorg SchmidtBoard Member
Kevin McleanBoard Member
Kevin PurvisBoard Member
Kimba PajaresBoard Member
Konrad AerinBoard Member
Luis HerreraBoard Member
Marc JoriBoard Member
Marcelo RodriguezBoard Member
Mike MalloyBoard Member
Miranda ChildersBoard Member
Monique ReibeltBoard Member
Neil MoloneyBoard Member
Pam DerksonBoard Member
Phil MasonBoard Member
Steve AppelBoard Member
Tanja MerkelBoard Member
Travis HoltBoard Member
Zita ErdisBoard Member
Bill LewisExecutive Committee
Brian SchermerhornExecutive Committee
Fabrice De WaalExecutive Committee
Regan GuthExecutive Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$458,550
Investment Income
$24
Other Revenue
$0
Change in Net Assets
$121,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,380
Other Expenses$79,242
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$161,099
Other Salaries and Wages---$79,635
Payroll Taxes---$16,646
All Other Expenses---$12,626
Conferences and Meetings---$10,296
Advertising---$7,271
Insurance---$5,899
Other Expenses---$5,778
Fees for Services Accounting---$3,095
Occupancy---$2,795
Travel---$1,828
Fees for Services Legal---$500
Total Functional Expenses$0$0$0$336,622
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive committee and the executive director examine the tax return for accuacy prior to filing the return.”

Form 990, Part VI, Section B, Line 12C

“Officers and directors are required to sign a conflict of interest statement every year. The board of directors hold quarterly meetings at which ttime inquiries are made of all board memembers in regards to the existence, if any, of conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statments available upon request.”

Filing and Contact Details

Filer

Filer Name
Techassure Association Inc
EIN
13-4102591
Phone
7039460320
Address
37539 OAK GREEN LANE, PURCELLVILLE, VA 20132

Signing Officer

Name
Christine Kallivokas
Title
Executive Director
Phone
7049973238
Signed
2022-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Kallivokas
Formed
2000
Legal Domicile
Nc
Voting Board Members
33
Independent Board Members
33
Employees
4
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram Pllc
Address
PO BOX 5869, HIGH POINT, NC 27262
Preparer
Addison Maille
Phone
3368840410
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
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IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE COMMITTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt033
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$295,270
Liabilities
$0
Net assets
$295,270
Revenue
$458,574
Expenses
$336,622
Net income
$121,952
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$5.51$5.63$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.00$2.23$5.84$5.63$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$5.24$6.17$0.92
2021Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$4.59$3.37$1.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.00$1.73$4.77$4.57$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.00$1.53$4.69$5.01$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.00$1.86$4.20$4.14$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.00$1.80$4.23$4.45$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.00$2.03$3.68$4.21$0.53
2015Detailed filing. Detailed filing data is available for this year.$2.66$0.10$2.56$4.66$3.98$0.68
2014Detailed filing. Detailed filing data is available for this year.$1.97$0.09$1.88$3.91$3.48$0.43