Civic Intelligence

Share Association

990 • Fiscal year 2020 • EIN 81-3682982

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 22, 2021

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

21st percentile

0.05x

Higher debt load relative to assets than 21% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.10x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Net Margin

30th percentile

-1.2%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Asset Growth

20th percentile

-5.2%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$5,559,866

Down $305,732 (-5.2%) from 2019

Net Assets

Up

$5,284,952

Up $411,753 (+8.4%) from 2019

Liabilities

Down

$274,914

Down $717,485 (-72%) from 2019

Revenue

Down

$2,764,402

Down $1,126,966 (-29%) from 2019

Expenses

Down

$2,796,589

Down $635,254 (-19%) from 2019

Net Income

Down

-$32,187

Down $491,712 (-107%) from 2019

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

2020

Assets$5,559,866
Liabilities$274,914
Net Assets$5,284,952

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

2020

Revenue$2,764,402
Expenses$2,796,589
Net Income-$32,187
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 22, 2021
Return Version
2020v4.1
Gross Receipts
$4,080,110
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$5,374,307$5,317,988▼ $56,319
Prepaid Expenses and Deferred Charges$233,853$106,525▼ $127,328
Cash and Non-Interest-Bearing Accounts$226,897$64,171▼ $162,726
Intangible Assets-$60,287-
Accounts Receivable$30,541$10,895▼ $19,646
Total Assets$5,865,598$5,559,866▼ $305,732
Liabilities
Deferred Revenue$951,609$158,771▼ $792,838
Accounts Payable and Accrued Expenses$40,790$116,143▲ $75,353
Total Liabilities$992,399$274,914▼ $717,485
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,873,199$5,284,952▲ $411,753
Total Net Assets Fund Balance$4,873,199$5,284,952▲ $411,753
Total Liabilities and Net Assets / Fund Balance$5,865,598$5,559,866▼ $305,732
Compensation and Service Providers

Board Members and Trustees

NameTitle
Justin BastinPast President
Jim ErdahlPresident
Brian KithcartVice President
Aron EisenpressDirector
Cynthia OverbyDirector
James VincentDirector
Jeanne GlassDirector
Susan RiceDirector
Brian LangermanExecutive Director
Martha McconaghySecretary
Scott FagenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement330 N WABASH AVENUE SUITE 2000, Chicago, IL 60611$1,639,165
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,579,948
Investment Income
$136,564
Other Revenue
$47,890
Change in Net Assets
$-32,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,727,915
Revenue Not Reported on Financial Statements
$36,487
Revenue Not Reported on Form 990
$443,940
Total Revenue per Audited Statements
$3,171,855
Total Revenue per Form 990
$2,764,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,796,589
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---$1,651,655
Conferences and Meetings---$358,243
Information Technology---$134,440
Other Expenses---$50,680
Fees for Service Investment Mgmnt Fees---$36,487
Travel---$31,775
Advertising---$29,361
Office Expenses---$19,096
Insurance---$17,532
Fees for Services Accounting---$10,497
Fees for Services Legal---$5,618
Total Functional Expenses$0$0$0$2,796,589

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,796,589
Expenses per Audited Statements$2,760,102
Total Expenses per Audited Statements$2,760,102
Expenses Not Reported on Financial Statements$36,487
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
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
2021-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Langerman
Formed
2016
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
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. This process has not changed from the prior year.

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 Appendix378 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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IRS990/PYTotalRevenueAmt03891368
IRS990/ReconcilationRevenueExpnssAmt0-32187
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt036487
IRS990ScheduleD/ExpensesSubtotalAmt02760102
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt036487
IRS990ScheduleD/InvestmentExpensesNotIncldAmt036487
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0443940
IRS990ScheduleD/RevenueNotReportedAmt0443940
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt036487
IRS990ScheduleD/RevenueSubtotalAmt02727915
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/TotalExpensesPerForm990Amt02796589
IRS990ScheduleD/TotalRevenuePerForm990Amt02764402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03171855
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02760102
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. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
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
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05865598
IRS990/TotalAssetsEOYAmt05559866
IRS990/TotalAssetsGrp/BOYAmt05865598
IRS990/TotalAssetsGrp/EOYAmt05559866
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02796589
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0992399
IRS990/TotalLiabilitiesEOYAmt0274914
IRS990/TotalLiabilitiesGrp/BOYAmt0992399
IRS990/TotalLiabilitiesGrp/EOYAmt0274914
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04873199
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05284952
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02579948
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0136564
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02627838
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02764402
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05865598
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05559866
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt031775
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0330 N WABASH AVENUE SUITE 2000
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060611
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.SHARE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN LANGERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03126735999
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-22
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/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/ReturnTs02021-08-16T08:37:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LANGERMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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