Civic Intelligence

International Technology Law Association Inc

990 • Fiscal year 2017 • EIN 23-7224265

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 10, 2017

7918 Jones Branch Drive Suite 300Mclean, VA 22102

(703) 506-2895

Siviq Scores

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

Liabilities / Assets

50th percentile

0.17x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.15x

Higher debt load relative to revenue than 47% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

82nd percentile

16%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-11%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,109,290

Up $102,768 (+10%) from 2016

Net Assets

Up

$917,339

Up $205,728 (+29%) from 2016

Liabilities

Down

$191,951

Down $102,960 (-35%) from 2016

Revenue

Down

$1,241,503

Down $158,529 (-11%) from 2016

Expenses

Down

$1,046,158

Down $329,668 (-24%) from 2016

Net Income

Up

$195,345

Up $171,139 (+707%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $750,357Liabilities 2013: $165,864Net Assets 2013: $584,4932013Assets 2014: $749,320Liabilities 2014: $181,599Net Assets 2014: $567,7212014Assets 2016: $1,006,522Liabilities 2016: $294,911Net Assets 2016: $711,6112016Assets 2017: $1,109,290Liabilities 2017: $191,951Net Assets 2017: $917,3392017Assets 2018: $1,270,679Liabilities 2018: $215,856Net Assets 2018: $1,054,8232018Assets 2019: $1,447,842Liabilities 2019: $244,027Net Assets 2019: $1,203,8152019Assets 2020: $1,387,825Liabilities 2020: $152,108Net Assets 2020: $1,235,7172020Assets 2021: $1,221,023Liabilities 2021: $155,803Net Assets 2021: $1,065,2202021Assets 2022: $1,319,084Liabilities 2022: $388,338Net Assets 2022: $930,7462022Assets 2023: $1,147,395Liabilities 2023: $286,223Net Assets 2023: $861,1722023Assets 2024: $1,217,594Liabilities 2024: $494,934Net Assets 2024: $722,6602024Assets 2025: $1,535,362Liabilities 2025: $449,397Net Assets 2025: $1,085,9652025

Highlighted filing

2017

Assets$1,109,290
Liabilities$191,951
Net Assets$917,339

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $1,017,6482013Revenue 2014: $1,175,927Expenses 2014: $1,192,699Net Income 2014: -$16,7722014Revenue 2016: $1,400,032Expenses 2016: $1,375,826Net Income 2016: $24,2062016Revenue 2017: $1,241,503Expenses 2017: $1,046,158Net Income 2017: $195,3452017Revenue 2018: $1,399,510Expenses 2018: $1,264,596Net Income 2018: $134,9142018Revenue 2019: $1,561,160Expenses 2019: $1,412,168Net Income 2019: $148,9922019Revenue 2020: $1,048,459Expenses 2020: $1,016,557Net Income 2020: $31,9022020Revenue 2021: $327,303Expenses 2021: $502,300Net Income 2021: -$174,9972021Revenue 2022: $1,026,961Expenses 2022: $1,158,285Net Income 2022: -$131,3242022Revenue 2023: $1,475,606Expenses 2023: $1,573,762Net Income 2023: -$98,1562023Revenue 2024: $1,626,957Expenses 2024: $1,761,729Net Income 2024: -$134,7722024Revenue 2025: $1,883,478Expenses 2025: $1,520,173Net Income 2025: $363,3052025

Highlighted filing

2017

Revenue$1,241,503
Expenses$1,046,158
Net Income$195,345
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 10, 2017
Return Version
2016v3.1
Gross Receipts
$1,241,503
Mission and Program Overview

Mission

Itechlaw is the leading global organization for legal professionals focused on technology and law. Itechlaw has been serving the technology law community worldwide since 1971. It has a global membership base representing six continents and spanning more than 60 countries. Its members and officials reflect a broad spectrum of expertise in the technology law field. Our mission is to create unparalleled opportunities for international networking and exchanging knowledge and experience with experts and colleagues around the world.

Itechlaw is a not-for-profit organization established to inform and educate attorneys about the unique legal issues arising from the evolution, production, marketing, acquisition and use of information and communications technology. Itechlaw is the leading global organization for legal professionals focused on technology and law. The organization's mission is to create unparalleled opportunities for international networking and exchanging knowledge and experience with experts and colleagues around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$547,637$720,113▲ $172,476
Savings and Temporary Cash Investments$250,063$250,138▲ $75
Accounts Receivable$81,042$60,312▼ $20,730
Prepaid Expenses and Deferred Charges$127,780$53,766▼ $74,014
Intangible Assets-$24,961-
Total Assets$1,006,522$1,109,290▲ $102,768
Liabilities
Deferred Revenue$128,510$145,401▲ $16,891
Accounts Payable and Accrued Expenses$166,400$46,550▼ $119,850
Total Liabilities$294,910$191,951▼ $102,959
Net Assets / Fund Balance
Unrestricted Net Assets$711,612$917,339▲ $205,727
Total Net Assets Fund Balance$711,612$917,339▲ $205,727
Total Liabilities and Net Assets / Fund Balance$1,006,522$1,109,290▲ $102,768
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mci USAManagement Serv7918 JONES BRANCH DRIVE STE 300, Mclean, VA 22102$455,277
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,234,756
Investment Income
$97
Other Revenue
$6,650
Change in Net Assets
$195,345

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,241,503
Total Revenue per Audited Statements
$1,241,503
Total Revenue per Form 990
$1,241,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,046,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$507,306
Fees for Services Management---$455,277
Fees for Services Other---$13,446
Depreciation Depletion---$9,600
Office Expenses---$8,212
Other Expenses---$5,668
Advertising---$3,441
Travel---$2,980
Insurance---$2,813
Fees for Services Legal---$2,225
Information Technology---$1,846
Fees for Services Accounting---$1,648
Total Functional Expenses$0$0$0$1,046,158

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,046,158
Total Expenses per Audited Statements$1,046,158
Total Expenses per Form 990$1,046,158
International Activity

International Summary

Spending
$312,816

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesConference--$233,712
IndiaProgram ServicesConference--$79,104
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegated it's administrative, membership and financial duties to mci usa inc. A managment company.

Form 990, Page 6, Part VI, Line 6

Membership dues vary according to membership level and geographic region. Itechlaw's benefits to members include: itechlaw's online member directory with more than 1,000 members worldwide; linkedin group (with hundreds of senior level professionals exclusive to itechlaw members); committee participation on itechlaw's substantive law committees, i-win (itechlaw women's international network), in-house council committee and local representatives committees in the us, europe, and asia, driving initiatives crucial to your practice; monthly, award-winning enewsletter, with up-to-date information on itechlaw colleagues, legal news and industry events; daily industry newsfeed delivered right to your inbox; and itechlaw's social networking site on our member center, designed to enhance member communication and involvement between itechlaw events. Exceptional conferences, many of which offer cle credit, that are well attended by global industry leaders, and designed for plenty of opportunity to make one-on-one connections and catch up with industry partners and colleagues. Members receive discounted registration fees for all conferences and are frequently invited to speak. Members receive free access to conference materials six months following the conference. A recurring and highly-attended webinar series for members-only; electronic publications such as the itechlaw ebulletin, which features scholarly articles on issues relevant to technology law professionals and enews, a monthly newsletter on industry happenings. Itechlaw members receive a 10% discount off the annual subscription fee of computer law review international (cri). Itechlaw members receive free access to the practical law company (plc) cross-border handbooks relating to outsourcing, ip in business transactions and data protection.

Form 990, Page 6, Part VI, Line 7A

The members vote to elect the members of the board of directors, who in turn elect the officers.

Form 990, Page 6, Part VI, Line 7B

Certain decisions of the board of directors are subject to membership approval.

Form 990, Page 6, Part VI, Line 11B

The executivve director and members of the management company as well as the president and treasuruer review the 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

The organization requires the members of the board of directors to disclose any potential conflicts, and to update the conflicts on an annual basis.

Form 990, Page 6, Part VI, Line 15A

Managing director is employee of managment company and is compensated by maanagement company. Organization approves selection of managing director.

Form 990, Page 6, Part VI, Line 19

The organization makes all governing documents, policies, and financial statements available at guidestar.com and upon request.

Filing and Contact Details

Filer

Filer Name
International Technology Law
EIN
23-7224265
Phone
7035062895
Address
7918 JONES BRANCH DRIVE SUITE 300, MCLEAN, VA 22102

Signing Officer

Name
Emily Reineke
Title
Managing Director
Phone
7035062895
Signed
2017-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Reineke
Formed
1973
Legal Domicile
Dc
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
64

Preparer

Firm
Steve Guy & Associates Pc
Address
4900 SOUTHPOINT DRIVE, FREDERICKSBURG, VA 22407
Preparer
Steve R Guy
Phone
5408917555
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