Civic Intelligence

Secured Finance Network Inc

990 • Fiscal year 2018 • EIN 13-5539122

Oct 01, 2017 to Sep 30, 2018

New York, NY
Siviq Scores

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

Liabilities / Assets

94th percentile

0.84x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.57x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Net Margin

51st percentile

4.2%

Higher net margin than 51% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

92nd percentile

29%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

2.6%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,546,925

Up $798,631 (+29%) from 2017

Net Assets

Up

$581,967

Up $586,554 (+12787%) from 2017

Liabilities

Up

$2,964,958

Up $212,077 (+7.7%) from 2017

Revenue

Up

$5,187,070

Up $133,817 (+2.6%) from 2017

Expenses

Down

$4,969,537

Down $152,125 (-3.0%) from 2017

Net Income

Up

$217,533

Up $285,942 (+418%) from 2017

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

2018

Assets$3,546,925
Liabilities$2,964,958
Net Assets$581,967

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

2018

Revenue$5,187,070
Expenses$4,969,537
Net Income$217,533
Filing Detail Status

This 2018 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, 2017 to Sep 30, 2018
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