Civic Intelligence

Techassure Association Inc

990 • Fiscal year 2023 • EIN 13-4102591

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 25, 2024

4935 Chatsworth LnSuwanee, GA 30024

(140) 437-5191

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.00x

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

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

50th percentile

3.5%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$180,764

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$223,412

Up $20,411 (+10%) from 2022

Net Assets

Up

$223,412

Up $20,411 (+10%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$583,741

Up $59,406 (+11%) from 2022

Expenses

Down

$563,330

Down $53,274 (-8.6%) from 2022

Net Income

Up

$20,411

Up $112,680 (+122%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$223,412
Liabilities$0
Net Assets$223,412

Operations Trend

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

2023

Revenue$583,741
Expenses$563,330
Net Income$20,411
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 25, 2024
Return Version
2023v5.1
Gross Receipts
$583,741
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$152,187$172,578▲ $20,391
Savings and Temporary Cash Investments$50,814$50,834▲ $20
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$203,001$223,412▲ $20,411
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$203,001$223,412▲ $20,411
Total Net Assets Fund Balance$203,001$223,412▲ $20,411
Total Liabilities and Net Assets / Fund Balance$203,001$223,412▲ $20,411

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,364$3,364
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine KallivokasExecutive Director (term 2023)FT$162,704$18,060$180,764

Board Members and Trustees

NameTitle
Kevin PurvisChairperson
Paul DicksonChairperson
Steve AppelChairperson Emeritus
Doug JonesMembership Comm Chair
Andrea Di GiacomoBoard Member
Bill LewisBoard Member
Brian SchermerhornBoard Member
Dan GiampietroBoard Member
David BlackBoard Member
Doug FrielBoard Member
Frederic NouailleBoard Member
Garrett DroegeBoard Member
Gautam BodaBoard Member
Jean Luc VerbaetBoard Member
Jim Roberts JrBoard Member
John MocciaBoard Member
Konrad AerinBoard Member
Luis HerreraBoard Member
Marc JoriBoard Member
Marcelo RodriguezBoard Member
Marin HrkacBoard Member
Mike MolloyBoard Member
Monica MinkelBoard Member
Neil MoloneyBoard Member
Regan GuthBoard Member
Tanja MerkelBoard Member
Zita ErdisBoard Member
Zviadi VardosanidzeBoard Member
Fabrice De WaalExecutive Committee
Kevin McleanSecretary
Emily ShortTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$583,721
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$20,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$296,454
Salaries, Compensation, and Employee Benefits$266,876
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---$162,704
Conferences and Meetings---$155,867
Other Salaries and Wages---$60,102
All Other Expenses---$19,510
Other Employee Benefits---$17,760
Payroll Taxes---$17,398
Other Expenses---$16,929
Pension Plan Contributions---$8,912
Insurance---$8,847
Travel---$8,554
Fees for Services Accounting---$3,950
Fees for Services Legal---$3,568
Office Expenses---$1,807
Advertising---$582
Total Functional Expenses$0$0$0$563,330
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 accuracy 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 time inquiries are made of all board members in regards to the existence, if any, of conflicts of interest.

Form 990, Part VI, Section C, Line 19

T

Filing and Contact Details

Filer

Filer Name
Techassure Association Inc
EIN
13-4102591
Address
4935 CHATSWORTH LN, SUWANEE, GA 30024

Signing Officer

Name
Weren De Vliegher
Title
Executive Director
Signed
2024-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Weren De Vliegher
Formed
2000
Legal Domicile
Nc
Voting Board Members
30
Independent Board Members
30
Employees
2
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram Pllc
Address
PO BOX 5869, HIGH POINT, NC 27262
Preparer
Lisa Poplin
Phone
3368840410
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