Civic Intelligence

Techlaw Group Inc

990 • Fiscal year 2023 • EIN 75-2147172

Jan 01, 2023 to Dec 31, 2023 • Filed on May 06, 2024

Organization ProfileWWW.TECHLAW.ORG
1111 Northshore Dr Suite N-425Knoxville, TN 37919

(865) 584-0550

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

98th percentile

59%

Higher net margin than 98% of similar nonprofits.

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

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

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

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

100th percentile

32724%

Faster revenue growth than 100% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets24th percentile

Assets

Flat

$632,331

Flat from 2023

Net Assets

Flat

$632,331

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin98th percentile

Revenue

Flat

$170,687

Flat from 2023

Expenses

Flat

$69,426

Flat from 2023

Net Income

Flat

$101,261

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$800K$600K$400K$200K$0Assets 2011: $99,176Liabilities 2011: $0Net Assets 2011: $99,1762011Assets 2012: $117,230Liabilities 2012: $0Net Assets 2012: $117,2302012Assets 2013: $147,905Liabilities 2013: $0Net Assets 2013: $147,9052013Assets 2014: $339,179Liabilities 2014: $0Net Assets 2014: $339,1792014Assets 2015: $439,243Liabilities 2015: $0Net Assets 2015: $439,2432015Assets 2016: $540,215Liabilities 2016: $0Net Assets 2016: $540,2152016Assets 2017: $630,782Liabilities 2017: $0Net Assets 2017: $630,7822017Assets 2018: $495,181Liabilities 2018: $0Net Assets 2018: $495,1812018Assets 2019: $496,547Liabilities 2019: $0Net Assets 2019: $496,5472019Assets 2020: $657,263Liabilities 2020: $0Net Assets 2020: $657,2632020Assets 2021: $647,994Liabilities 2021: $0Net Assets 2021: $647,9942021Assets 2022: $555,025Liabilities 2022: $23,955Net Assets 2022: $531,0702022Assets 2023: $632,331Liabilities 2023: $0Net Assets 2023: $632,3312023Assets 2023: $632,331Liabilities 2023: $0Net Assets 2023: $632,3312023Assets 2024: $472,687Liabilities 2024: $0Net Assets 2024: $472,6872024

Highlighted filing

2023

Assets$632,331
Liabilities$0
Net Assets$632,331
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

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

$400K$200K$0-$200KExpenses 2011: $241,8222011Expenses 2012: $219,4442012Revenue 2013: $243,589Expenses 2013: $212,914Net Income 2013: $30,6752013Revenue 2014: $294,771Expenses 2014: $103,497Net Income 2014: $191,2742014Revenue 2015: $219,567Expenses 2015: $119,503Net Income 2015: $100,0642015Revenue 2016: $187,315Expenses 2016: $86,343Net Income 2016: $100,9722016Revenue 2017: $169,431Expenses 2017: $78,864Net Income 2017: $90,5672017Revenue 2018: $174,043Expenses 2018: $309,644Net Income 2018: -$135,6012018Revenue 2019: $182,799Expenses 2019: $181,433Net Income 2019: $1,3662019Revenue 2020: $188,847Expenses 2020: $28,131Net Income 2020: $160,7162020Revenue 2021: $54Expenses 2021: $9,323Net Income 2021: -$9,2692021Revenue 2022: $520Expenses 2022: $117,444Net Income 2022: -$116,9242022Revenue 2023: $170,687Expenses 2023: $69,426Net Income 2023: $101,2612023Revenue 2023: $170,687Expenses 2023: $69,426Net Income 2023: $101,2612023Revenue 2024: $178,821Expenses 2024: $338,465Net Income 2024: -$159,6442024

Highlighted filing

2023

Revenue$170,687
Expenses$69,426
Net Income$101,261
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 6, 2024
Return Version
2023v5.0
Gross Receipts
$170,687
Mission and Program Overview

Mission

International network of law firms committed to serving legal needs of those involved with technology

International network of law firms committed to serving legal needs of those involved with technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$465,705-
Cash and Non-Interest-Bearing Accounts$554,946$166,626▼ $388,320
Total Assets$555,025$632,331▲ $77,306
Other Assets Total$79--
Liabilities
Accounts Payable and Accrued Expenses$23,955--
Total Liabilities$23,955$0▼ $23,955
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$531,070$632,331▲ $101,261
Total Net Assets Fund Balance$531,070$632,331▲ $101,261
Total Liabilities and Net Assets / Fund Balance$555,025$632,331▲ $77,306
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Philip CataniaPresident
Agne LindbergDirector
Alessandro VastaDirector
Alexander YapDirector
Anna Viladas JeneDirector
Anton DzhuplinDirector
Ashleigh HaleDirector
Benjamin BradfordDirector
Bo-sen VonDirector
David MirchinDirector
Didier SangiogioDirector
Doil SonDirector
George XuDirector
Gustavo GiryDirector
Jorg WimmersDirector
Michael MccormickDirector
Nelson ApjohnDirector
Niels Christian EllegaardDirector
Olivia MulloolyDirector
Paul HuntDirector
Rahul MatthanDirector
Ralph PaisDirector
Randall ColsonDirector
Soichiro FujiwaraDirector
Sunny HandaDirector
Thierry DorDirector
Thomas De WeerdDirector
Patricia StaatsExecutive Di
Raphael De CuntoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,802
Program Service Revenue
$0
Investment Income
$2,885
Other Revenue
$0
Change in Net Assets
$101,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$69,426
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---$52,003
Fees for Services Management---$10,598
Fees for Services Accounting---$1,560
Other Expenses---$20
Total Functional Expenses$0$0$0$69,426
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
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board will not review the 990 prior to it being filed.”

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

“There is no conflict of interest policy at the present time. The board is in the process of preparing and adopting a policy.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, policies, form 990, etc. Are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Techlaw Group Inc
EIN
75-2147172
Phone
8655840550
Address
1111 NORTHSHORE DR SUITE N-425, KNOXVILLE, TN 37919

Signing Officer

Name
Patricia Staats
Title
Executive Director
Phone
8655840550
Signed
2024-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Staats
Formed
1986
Legal Domicile
Pa
Voting Board Members
28
Independent Board Members
28
Employees
0

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Since 1986, techlaw group, inc. ("techlaw") has built an international network of major law firms committed to serving the legal needs of businesses, institutions, and individuals involved with technology. Through this network, techlaw provides the clients of its member law firms with access to leading-edge strategy in the practice of technology law. By collaborating on referrals, continuing legal education and best practices, members of techlaw deliver a powerful, global resource that would be impossible for any single member firm to offer alone. Techlaw's member firms comprise thousands of attorneys working from 28 law firms in the principal centers of business and technology in more than 35 countries around the world. Members of techlaw offer legal services to clients in industries that range from advanced materials, medical devices and biotechnology to telecommunications, electronics, semiconductors and software development. Techlaw firm attorneys also work closely with private groups and governments around the world to promote the growth of new technology and the rational evolution of laws and regulations regarding the creation of commercialization of such technology.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28EXECUTIVE DI
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SINCE 1986, TECHLAW GROUP, INC. ("TECHLAW") HAS BUILT AN INTERNATIONAL NETWORK OF MAJOR LAW FIRMS COMMITTED TO SERVING THE LEGAL NEEDS OF BUSINESSES, INSTITUTIONS, AND INDIVIDUALS INVOLVED WITH TECHNOLOGY. THROUGH THIS NETWORK, TECHLAW PROVIDES THE CLIENTS OF ITS MEMBER LAW FIRMS WITH ACCESS TO LEADING-EDGE STRATEGY IN THE PRACTICE OF TECHNOLOGY LAW. BY COLLABORATING ON REFERRALS, CONTINUING LEGAL EDUCATION AND BEST PRACTICES, MEMBERS OF TECHLAW DELIVER A POWERFUL, GLOBAL RESOURCE THAT WOULD BE IMPOSSIBLE FOR ANY SINGLE MEMBER FIRM TO OFFER ALONE. TECHLAW'S MEMBER FIRMS COMPRISE THOUSANDS OF ATTORNEYS WORKING FROM 28 LAW FIRMS IN THE PRINCIPAL CENTERS OF BUSINESS AND TECHNOLOGY IN MORE THAN 35 COUNTRIES AROUND THE WORLD. MEMBERS OF TECHLAW OFFER LEGAL SERVICES TO CLIENTS IN INDUSTRIES THAT RANGE FROM ADVANCED MATERIALS, MEDICAL DEVICES AND BIOTECHNOLOGY TO TELECOMMUNICATIONS, ELECTRONICS, SEMICONDUCTORS AND SOFTWARE DEVELOPMENT. TECHLAW FIRM ATTORNEYS ALSO WORK CLOSELY WITH PRIVATE GROUPS AND GOVERNMENTS AROUND THE WORLD TO PROMOTE THE GROWTH OF NEW TECHNOLOGY AND THE RATIONAL EVOLUTION OF LAWS AND REGULATIONS REGARDING THE CREATION OF COMMERCIALIZATION OF SUCH TECHNOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WILL NOT REVIEW THE 990 PRIOR TO IT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS NO CONFLICT OF INTEREST POLICY AT THE PRESENT TIME. THE BOARD IS IN THE PROCESS OF PREPARING AND ADOPTING A POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, POLICIES, FORM 990, ETC. ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt01111 N NORTHSHORE DR
IRS990/USAddress/AddressLine2Txt0STE N425
IRS990/USAddress/CityNm0KNOXVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037919
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA STAATS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08655840550
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TECHLAW GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0TECH
ReturnHeader/Filer/EIN0752147172

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$632,331
Liabilities
$0
Net assets
$632,331
Revenue
$170,687
Expenses
$69,426
Net income
$101,261
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.00$4.73$1.79$3.38$1.60
2023Detailed filing. Detailed filing data is available for this year.$6.32$0.00$6.32$1.71$0.69$1.01
2023Summary only. Only limited summary data is available for this year.$6.32$0.00$6.32$1.71$0.69$1.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.24$5.31$0.01$1.17$1.17
2021Summary only. Only limited summary data is available for this year.$6.48$0.00$6.48$0.00$0.09$0.09
2020Summary only. Only limited summary data is available for this year.$6.57$0.00$6.57$1.89$0.28$1.61
2019Summary only. Only limited summary data is available for this year.$4.97$0.00$4.97$1.83$1.81$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$0.00$4.95$1.74$3.10$1.36
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$0.00$6.31$1.69$0.79$0.91
2016Summary only. Only limited summary data is available for this year.$5.40$0.00$5.40$1.87$0.86$1.01
2015Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$2.20$1.20$1.00
2014Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$2.95$1.03$1.91
2013Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$2.44$2.13$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$2.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$2.42