Civic Intelligence

International Technology Law Association Inc

990 • Fiscal year 2018 • EIN 23-7224265

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

7918 Jones Branch Drive No 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.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.15x

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

71st percentile

9.6%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

13%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,270,679

Up $161,389 (+15%) from 2017

Net Assets

Up

$1,054,823

Up $137,484 (+15%) from 2017

Liabilities

Up

$215,856

Up $23,905 (+12%) from 2017

Revenue

Up

$1,399,510

Up $158,007 (+13%) from 2017

Expenses

Up

$1,264,596

Up $218,438 (+21%) from 2017

Net Income

Down

$134,914

Down $60,431 (-31%) from 2017

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

2018

Assets$1,270,679
Liabilities$215,856
Net Assets$1,054,823

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

2018

Revenue$1,399,510
Expenses$1,264,596
Net Income$134,914
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$1,399,510
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 the leading global organization for legal professionals focused on technology and law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$250,138$746,755▲ $496,617
Cash and Non-Interest-Bearing Accounts$720,113$266,311▼ $453,802
Prepaid Expenses and Deferred Charges$53,766$203,144▲ $149,378
Accounts Receivable$60,312$41,029▼ $19,283
Land, Buildings, and Equipment, Net$0$13,440▲ $13,440
Total Assets$1,109,290$1,270,679▲ $161,389
Other Assets Total$24,961$0▼ $24,961
Liabilities
Deferred Revenue$145,401$181,448▲ $36,047
Accounts Payable and Accrued Expenses$46,550$34,408▼ $12,142
Total Liabilities$191,951$215,856▲ $23,905
Net Assets / Fund Balance
Unrestricted Net Assets$917,339$1,054,823▲ $137,484
Total Net Assets Fund Balance$917,339$1,054,823▲ $137,484
Total Liabilities and Net Assets / Fund Balance$1,109,290$1,270,679▲ $161,389

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,440$21,121$34,561
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert WeissImmediate Past President
Susan BartyImmediate Past President
Christian FrankPresident
Charles MorganVice President
Anne SuttonDirector
Anne-Laure VilledieuDirector
Charles Mudd JrDirector
Claire BernierDirector
Clara Ann GordonDirector
Dag ThorstensenDirector
Diego FernandezDirector
Dimitri TimmerDirector
Doron GoldsteinDirector
Jeremy MortonDirector
Jessica FrankenDirector
Juerg SchneiderDirector
Kelly McFadzienDirector
Kevin ErdmanDirector
Laura LiguoriDirector
Nikhil NarendranDirector
Peter HuppertzDirector
Philip CataniaDirector
Priti SuriDirector
Reinoud WesterdijkDirector
Renato Opice-BlumDirector
Robert MilliganDirector
Roland MathysDirector
Sheena JacobDirector
Stefan SchickerDirector
Steven de SchrijverDirector
Truiken HeydnDirector
Emily ReinekeManaging Director
Peter RubyAssistant Secretary
Michael PeetersSecretary
Gabriela KennedyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mci USAManagement fees7918 Jones Branch Dr 300, McLean, VA 22102$450,558
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,397,866
Investment Income
$1,644
Other Revenue
$0
Change in Net Assets
$134,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,264,596
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---$716,216
Fees for Services Management---$467,059
Office Expenses---$33,460
Information Technology---$21,163
Depreciation Depletion---$11,520
Fees for Services Accounting---$9,891
Insurance---$2,798
Advertising---$1,747
Fees for Services Legal---$742
Total Functional Expenses$0$0$0$1,264,596
International Activity

International Summary

Offices
0
Employees
0
Spending
$453,140

International Compliance

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
Europe (Including Iceland & Greenland)Program ServicesEuropean Conference00$301,466
East Asia and the PacificProgram ServicesAsia Pacific Conference00$84,647
South AsiaProgram ServicesInternational India Conference00$67,027
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
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
No
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, Part VI, Section A, line 3

ITechLaw utilizes the services of a management firm, MCI USA ("MCI") to manage the organization on a day-to-day basis. Management fees represent amounts paid to MCI under the terms of an agreement for management services including all staff resources; delivery of ITechLaw's programs, services, events, and website; provides for office space, equipment, and other resources needed to manage the day-to-day operations. Management fees totaled $467,059 for the year ended June 30, 2018. The Assocation's Managing Director is an employee of and was compensated by MCI.

Form 990, Part VI, Section A, line 6

ITechLaw has dues paying members.

Form 990, Part VI, Section A, line 7A

Regular members vote to elect the members of the Board of Directors, who in turn elect the officers.

Form 990, Part VI, Section A, line 7B

Regular Members in good standing shall have the right to vote on the affairs of the Association, and each such Member shall have one vote. Regular Members may vote only on the election and removal of Directors, and on such other matters as may otherwise be required by law, or provided under these Bylaws or the Certificate of Incorporation of the Association. All other voting rights shall be vested in the Board of Directors of the Association.

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

The management company and the President review the Form 990 before it is filed with the IRS.

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

The Association requires the members of the Board of Directors to disclose any potential conflicts, and to update the disclosure on an annual basis.

Form 990, Part VI, Section C, line 19

The Association makes all governing documents, policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
International Technology Law
EIN
23-7224265
Phone
7035062895
Address
7918 Jones Branch Drive No 300, McLean, VA 22102

Signing Officer

Name
Emily Reineke
Title
Managing Director
Phone
7035062895
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Reineke
Formed
1973
Legal Domicile
De
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
100

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 Organization 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.

Form 990, Part III, Line 4A, Membership (continued)

ITechLaw offers unparalleled opportunities for international networking with experts and colleagues around the world. ITechLaw organizes worldwide technology law conferences in North America, Europe and India, bringing together the finest minds in technology law today.

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