Civic Intelligence

Secured Finance Network Inc

990 • Fiscal year 2017 • EIN 13-5539122

Oct 01, 2016 to Sep 30, 2017

New York, NY
Siviq Scores

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

Liabilities / Assets

97th percentile

1.00x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.54x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Net Margin

26th percentile

-1.4%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

16th percentile

-3.3%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-2.5%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,748,294

Down $93,269 (-3.3%) from 2016

Net Assets

Down

-$4,587

Down $8,374 (-221%) from 2016

Liabilities

Down

$2,752,881

Down $84,895 (-3.0%) from 2016

Revenue

Down

$5,053,253

Down $131,041 (-2.5%) from 2016

Expenses

Down

$5,121,662

Down $4,496 (-0.1%) from 2016

Net Income

Down

-$68,409

Down $126,545 (-218%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $2,356,341Liabilities 2011: $2,208,744Net Assets 2011: $147,5972011Assets 2012: $3,101,758Liabilities 2012: $2,614,043Net Assets 2012: $487,7152012Assets 2013: $2,734,052Liabilities 2013: $2,561,714Net Assets 2013: $172,3382013Assets 2014: $2,987,127Liabilities 2014: $2,897,814Net Assets 2014: $89,3132014Assets 2015: $2,968,866Liabilities 2015: $2,936,317Net Assets 2015: $32,5492015Assets 2016: $2,841,563Liabilities 2016: $2,837,776Net Assets 2016: $3,7872016Assets 2017: $2,748,294Liabilities 2017: $2,752,881Net Assets 2017: -$4,5872017Assets 2018: $3,546,925Liabilities 2018: $2,964,958Net Assets 2018: $581,9672018Assets 2019: $3,371,645Liabilities 2019: $2,801,714Net Assets 2019: $569,9312019Assets 2020: $2,789,613Liabilities 2020: $2,296,098Net Assets 2020: $493,5152020Assets 2021: $3,073,536Liabilities 2021: $2,775,539Net Assets 2021: $297,9972021Assets 2022: $5,939,386Liabilities 2022: $5,164,621Net Assets 2022: $774,7652022Assets 2023: $7,190,174Liabilities 2023: $5,971,804Net Assets 2023: $1,218,3702023

Highlighted filing

2017

Assets$2,748,294
Liabilities$2,752,881
Net Assets-$4,587

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,211,871Expenses 2011: $4,000,742Net Income 2011: $211,1292011Revenue 2012: $4,351,134Expenses 2012: $3,927,791Net Income 2012: $423,3432012Revenue 2013: $3,996,281Expenses 2013: $4,365,062Net Income 2013: -$368,7812013Revenue 2014: $4,486,302Expenses 2014: $4,535,419Net Income 2014: -$49,1172014Revenue 2015: $4,875,230Expenses 2015: $4,834,323Net Income 2015: $40,9072015Revenue 2016: $5,184,294Expenses 2016: $5,126,158Net Income 2016: $58,1362016Revenue 2017: $5,053,253Expenses 2017: $5,121,662Net Income 2017: -$68,4092017Revenue 2018: $5,187,070Expenses 2018: $4,969,537Net Income 2018: $217,5332018Revenue 2019: $4,869,831Expenses 2019: $5,121,320Net Income 2019: -$251,4892019Revenue 2020: $4,877,314Expenses 2020: $5,101,818Net Income 2020: -$224,5042020Revenue 2021: $3,338,734Expenses 2021: $4,009,595Net Income 2021: -$670,8612021Revenue 2022: $5,140,562Expenses 2022: $4,977,745Net Income 2022: $162,8172022Revenue 2023: $5,992,281Expenses 2023: $6,026,435Net Income 2023: -$34,1542023

Highlighted filing

2017

Revenue$5,053,253
Expenses$5,121,662
Net Income-$68,409
Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Mission and Program Overview

Mission

The secured finance network is the trade group for commercial finance companies, factors, banks and other financing agencies in the asset-based financial services industry on an international, national, regional and local basis. The objectives of the organization are to provide, through discussion and publication, a forum for the consideration of inter- and intra-industry ideas and opportunities; to make available current information on legislation and court decisions relating to asset-based financial services; to improve legal and operational procedures employed by the industry; to furnish to the general public information on the function and significance of the industry in the credit structure of the country; to encourage the association's members, and their person.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.19$5.97$1.22$5.99$6.03$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$5.16$0.77$5.14$4.98$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$2.78$0.30$3.34$4.01$0.67
2020Summary only. Only limited summary data is available for this year.$2.79$2.30$0.49$4.88$5.10$0.22
2019Summary only. Only limited summary data is available for this year.$3.37$2.80$0.57$4.87$5.12$0.25
2018Summary only. Only limited summary data is available for this year.$3.55$2.96$0.58$5.19$4.97$0.22
2017Summary only. Only limited summary data is available for this year.$2.75$2.75$0.00$5.05$5.12$0.07
2016Summary only. Only limited summary data is available for this year.$2.84$2.84$0.00$5.18$5.13$0.06
2015Summary only. Only limited summary data is available for this year.$2.97$2.94$0.03$4.88$4.83$0.04
2014Summary only. Only limited summary data is available for this year.$2.99$2.90$0.09$4.49$4.54$0.05
2013Summary only. Only limited summary data is available for this year.$2.73$2.56$0.17$4.00$4.37$0.37
2012Summary only. Only limited summary data is available for this year.$3.10$2.61$0.49$4.35$3.93$0.42
2011Summary only. Only limited summary data is available for this year.$2.36$2.21$0.15$4.21$4.00$0.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)6 • $5M-$10M nonprofits