Civic Intelligence

Share Association

990 • Fiscal year 2019 • EIN 81-3682982

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 02, 2020

330 N Wabash Avenue Suite 2000Chicago, IL 60611

(312) 673-5999

Siviq Scores

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

Liabilities / Assets

41st percentile

0.17x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

45th percentile

0.26x

Higher debt load relative to revenue than 45% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

75th percentile

12%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

94th percentile

34%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

15%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,865,598

Up $1,475,186 (+34%) from 2018

Net Assets

Up

$4,873,199

Up $1,000,434 (+26%) from 2018

Liabilities

Up

$992,399

Up $474,752 (+92%) from 2018

Revenue

Up

$3,891,368

Up $514,756 (+15%) from 2018

Expenses

Down

$3,431,843

Down $175,053 (-4.9%) from 2018

Net Income

Up

$459,525

Up $689,809 (+300%) from 2018

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$0Assets 2017: $5,390,100Liabilities 2017: $700,828Net Assets 2017: $4,689,2722017Assets 2018: $4,390,412Liabilities 2018: $517,647Net Assets 2018: $3,872,7652018Assets 2019: $5,865,598Liabilities 2019: $992,399Net Assets 2019: $4,873,1992019Assets 2020: $5,559,866Liabilities 2020: $274,914Net Assets 2020: $5,284,9522020Assets 2021: $5,345,178Liabilities 2021: $297,402Net Assets 2021: $5,047,7762021Assets 2022: $5,260,259Liabilities 2022: $398,968Net Assets 2022: $4,861,2912022Assets 2023: $6,052,155Liabilities 2023: $564,303Net Assets 2023: $5,487,8522023Assets 2024: $6,596,107Liabilities 2024: $633,811Net Assets 2024: $5,962,2962024

Highlighted filing

2019

Assets$5,865,598
Liabilities$992,399
Net Assets$4,873,199

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2017: $148,350Expenses 2017: $158,363Net Income 2017: -$10,0132017Revenue 2018: $3,376,612Expenses 2018: $3,606,896Net Income 2018: -$230,2842018Revenue 2019: $3,891,368Expenses 2019: $3,431,843Net Income 2019: $459,5252019Revenue 2020: $2,764,402Expenses 2020: $2,796,589Net Income 2020: -$32,1872020Revenue 2021: $1,423,052Expenses 2021: $1,477,623Net Income 2021: -$54,5712021Revenue 2022: $3,142,941Expenses 2022: $2,665,416Net Income 2022: $477,5252022Revenue 2023: $3,661,968Expenses 2023: $3,387,536Net Income 2023: $274,4322023Revenue 2024: $3,667,463Expenses 2024: $3,401,051Net Income 2024: $266,4122024

Highlighted filing

2019

Revenue$3,891,368
Expenses$3,431,843
Net Income$459,525
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 2, 2020
Return Version
2019v5.1
Gross Receipts
$4,373,724
Mission and Program Overview

Mission

Share association is an independent volunteer-run information technology association that provides education, professional networking and industry influence, enabling its members and partners to continually shape the future of the enterprise technology ecosystem.

Provide education, professional networking and influence to the information technology field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,822,711$5,374,307▲ $1,551,596
Prepaid Expenses and Deferred Charges$201,461$233,853▲ $32,392
Cash and Non-Interest-Bearing Accounts$338,163$226,897▼ $111,266
Accounts Receivable$28,077$30,541▲ $2,464
Total Assets$4,390,412$5,865,598▲ $1,475,186
Liabilities
Deferred Revenue$490,454$951,609▲ $461,155
Accounts Payable and Accrued Expenses$27,193$40,790▲ $13,597
Total Liabilities$517,647$992,399▲ $474,752
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,872,765$4,873,199▲ $1,000,434
Total Net Assets Fund Balance$3,872,765$4,873,199▲ $1,000,434
Total Liabilities and Net Assets / Fund Balance$4,390,412$5,865,598▲ $1,475,186
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harry WilliamsPast President
Justin BastinPresident
Martha McconaghyVice President
Brian KithcartDirector
James VincentDirector
Scott FagenDirector
Susan RiceDirector
Brian LangermanExecutive Director
Aron EisenpressSecretary
Jim ErdahlTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement330 N WABASH AVENUE SUITE 2000, Chicago, IL 60611$1,573,412
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,752,404
Investment Income
$118,472
Other Revenue
$20,492
Change in Net Assets
$459,525

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,858,977
Revenue Not Reported on Financial Statements
$32,391
Revenue Not Reported on Form 990
$540,909
Total Revenue per Audited Statements
$4,399,886
Total Revenue per Form 990
$3,891,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,431,843
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
Fees for Services Management---$1,564,818
Conferences and Meetings---$1,147,730
Information Technology---$138,932
Advertising---$82,095
Travel---$73,296
Fees for Service Investment Mgmnt Fees---$32,391
Office Expenses---$22,718
Insurance---$19,428
Fees for Services Accounting---$10,682
Fees for Services Legal---$7,236
Other Expenses---$4,689
Total Functional Expenses$0$0$0$3,431,843

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,431,843
Expenses per Audited Statements$3,399,452
Total Expenses per Audited Statements$3,399,452
Expenses Not Reported on Financial Statements$32,391
Expenses Not Reported on Form 990$0
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
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 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
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

The association has delegated the management of its daily operations to smithbucklin corporation in chicago. Smithbucklin corporation is a management company which manages all aspects of the association in accordance with the association's bylaws and policies. Operations may include, but are not limited to, administration, membership, finance and accounting, convention/tradeshow/meeting planning, education, marketing, information technology and government relations are provided by smithbucklin corporation employees.

Form 990, Part VI, Section A, Line 6

The association has three categories of members: select member, corporate member and affiliate member. Select members and corporate members are entitled to vote on all matters coming before the membership, while affiliate members have no voting rights.

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

The board of directors are elected by the select and corporate members at share's annual anniversary meeting.

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

The select and corporate members have the right to amend the bylaws of the assocation based on a two-thirds voting majority. Alternatively, the select and corporate members have the right to rescind any amendments passed by the board of directors when five percent or more object.

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

Form 990 is prepared by independent public accountants and submitted to the association's management company for initial review. The form is then submitted to the association's board of directors for review and discussion prior to filing.

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

Directors are required to sign a conflict of interest statement at the beginning of their terms and reminded to disclose any conflicts of interest as they arise.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, financial statements and tax filings are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Share Association
EIN
81-3682982
Phone
3126735999
Address
330 N WABASH AVENUE SUITE 2000, CHICAGO, IL 60611

Signing Officer

Name
Brian Langerman
Title
Executive Director
Phone
3126735999
Signed
2020-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Langerman
Formed
2016
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
200

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Genevra Knight
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

The association's board of directors is responsible for the oversight of the audit and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The association has adopted the provision of asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The association files information returns in the u.s. Federal jurisdiction. Management is not aware of any uncertain tax positions.

Raw XML Appendix375 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032391
IRS990ScheduleD/ExpensesSubtotalAmt03399452
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt032391
IRS990ScheduleD/InvestmentExpensesNotIncldAmt032391
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0540909
IRS990ScheduleD/RevenueNotReportedAmt0540909
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032391
IRS990ScheduleD/RevenueSubtotalAmt03858977
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS ADOPTED THE PROVISION OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ASSOCIATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03431843
IRS990ScheduleD/TotalRevenuePerForm990Amt03891368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04399886
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03399452
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION IN CHICAGO. SMITHBUCKLIN CORPORATION IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF THE ASSOCIATION IN ACCORDANCE WITH THE ASSOCIATION'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONVENTION/TRADESHOW/MEETING PLANNING, EDUCATION, MARKETING, INFORMATION TECHNOLOGY AND GOVERNMENT RELATIONS ARE PROVIDED BY SMITHBUCKLIN CORPORATION EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS THREE CATEGORIES OF MEMBERS: SELECT MEMBER, CORPORATE MEMBER AND AFFILIATE MEMBER. SELECT MEMBERS AND CORPORATE MEMBERS ARE ENTITLED TO VOTE ON ALL MATTERS COMING BEFORE THE MEMBERSHIP, WHILE AFFILIATE MEMBERS HAVE NO VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE ELECTED BY THE SELECT AND CORPORATE MEMBERS AT SHARE'S ANNUAL ANNIVERSARY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SELECT AND CORPORATE MEMBERS HAVE THE RIGHT TO AMEND THE BYLAWS OF THE ASSOCATION BASED ON A TWO-THIRDS VOTING MAJORITY. ALTERNATIVELY, THE SELECT AND CORPORATE MEMBERS HAVE THE RIGHT TO RESCIND ANY AMENDMENTS PASSED BY THE BOARD OF DIRECTORS WHEN FIVE PERCENT OR MORE OBJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PREPARED BY INDEPENDENT PUBLIC ACCOUNTANTS AND SUBMITTED TO THE ASSOCIATION'S MANAGEMENT COMPANY FOR INITIAL REVIEW. THE FORM IS THEN SUBMITTED TO THE ASSOCIATION'S BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF THEIR TERMS AND REMINDED TO DISCLOSE ANY CONFLICTS OF INTEREST AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND TAX FILINGS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ASSOCIATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04390412
IRS990/TotalAssetsEOYAmt05865598
IRS990/TotalAssetsGrp/BOYAmt04390412
IRS990/TotalAssetsGrp/EOYAmt05865598
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03431843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0517647
IRS990/TotalLiabilitiesEOYAmt0992399
IRS990/TotalLiabilitiesGrp/BOYAmt0517647
IRS990/TotalLiabilitiesGrp/EOYAmt0992399
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03872765
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04873199
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03752404
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0118472
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03772896
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03891368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04390412
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05865598
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt073296
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0330 N WABASH AVENUE SUITE 2000
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060611
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SHARE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN LANGERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03126735999
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0813682982
ReturnHeader/Filer/PhoneNum03126735999
ReturnHeader/Filer/USAddress/AddressLine1Txt0330 N WABASH AVENUE SUITE 2000
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.96.195.26
ReturnHeader/FilingSecurityInformation/IPDt02020-10-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:25:45
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362663358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PORTE BROWN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0845 OAKTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELK GROVE VILLAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060007
ReturnHeader/PreparerPersonGrp/PhoneNum08479561040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GENEVRA KNIGHT
ReturnHeader/ReturnTs02020-11-03T10:00:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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