EGOV on NASDAQ

NIC Inc.

American technology company and digital government service provider

NIC Inc. (the "NIC" stands for "National Information Consortium") is a digital government service provider for federal, state and local governments in the United States. It was founded in 1992 and is headquartered in Olathe, Kansas. Harry H. Herington is the chief executive officer and chairman.³ It was founded by Jeff Fraser.¹ Its shares trade on NASDAQ under the symbol EGOV.¹ Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1991Founded¹

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TickerEGOV on NASDAQ¹
Industryquaternary sector of the economy¹
HeadquartersOlathe¹
Websitewww.egov.com
Legal formDelaware corporation¹
Incorporated inDE⁵
Business address25501 W. Valley Parkway, Suite 300, Olathe, Ks 66061⁵
Filer categoryLarge accelerated filer⁵
LEI529900B18T4Q37BZ0F35⁴
StatusActive⁴
LEI statusLapsed (not renewed)⁴
Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States⁴
Registered withDivision of Corporations, Department of State, 4650280⁴

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NIC Inc. (the "NIC" stands for "National Information Consortium") is a digital government service provider for federal, state and local governments in the United States. It was founded in 1992 and is headquartered in Olathe, Kansas. Harry H. Herington is the chief executive officer and chairman. NIC has long-term contracts with over 3,500 state and local government and federal agencies to provide IT software, services, and payment processing.³

What it owns

What NIC Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Machinery and equipment	$23.8M⁷ Dec 31, 2020	$24.9M⁷ Dec 31, 2019	−4.5%
Furniture and fixtures	$6.0M⁷ Dec 31, 2020	$5.9M⁷ Dec 31, 2019	+1.6%
Computer equipment and software	$8.6M⁷ Dec 31, 2020	$8.8M⁷ Dec 31, 2019	−2.3%
Leasehold improvements	$2.1M⁷ Dec 31, 2020	$2.2M⁷ Dec 31, 2019	−5.0%
Property and equipment, before depreciation	$40.5M⁷ Dec 31, 2020	$41.8M⁷ Dec 31, 2019	−3.2%
Accumulated depreciation	$31.1M⁷ Dec 31, 2020	$31.7M⁷ Dec 31, 2019	−1.9%
Property and equipment, net	$9.3M⁷ Dec 31, 2020	$10.1M⁷ Dec 31, 2019	−7.4%
Operating-lease assets (leased space)	$10.8M⁷ Dec 31, 2020	$10.8M⁷ Dec 31, 2019	+0.3%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$6.0M⁷ Dec 31, 2020	$6.0M⁷ Dec 31, 2019	0%
Intangible assets, net (excluding goodwill)	$20.7M⁷ Dec 31, 2020	$22.4M⁷ Dec 31, 2019	−7.4%
Finite-lived intangibles, gross	$51.3M⁷ Dec 31, 2020	$42.8M⁷ Dec 31, 2019	+19.8%
Accumulated amortization	$30.6M⁷ Dec 31, 2020	$20.4M⁷ Dec 31, 2019	+49.7%
Finite-lived intangibles, net	$20.7M⁷ Dec 31, 2020	$22.4M⁷ Dec 31, 2019	−7.4%

The story

Founded by Jeff Fraser in 1991.¹

The company has two primary segments including digital government software & services and payment processing solutions. The main service of the digital governmental solutions and services segment is providing out-sourced state eGovernment portals. Additionally, the other segment is engaged in developing payment processing solutions for state, local and federal governments. NIC Federal generates revenue from a contract with Federal Motor Carrier Safety Administration for the development and management of their online Pre-employment Screen Program presence.

From Wikipedia’s article on NIC Inc., shared under CC BY-SA 4.0.⁶

Leadership

Who has led NIC Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

President

Harry Herington2006–2007

Chief financial officer

Chief operating officer

1995200020052010201520202025

FounderJeff Fraser¹
Chief executive officerHarry Herington Feb 6, 2008 to Apr 22, 2021⁸
Chief executive officerJeff Fraser Jan 9, 2006 to Oct 23, 2007⁹
ChairHarry Herington May 12, 2008 to Apr 22, 2021¹⁰
ChairJeff Fraser Jan 9, 2006 to Oct 23, 2007⁹
PresidentHarry Herington May 22, 2006 to Oct 23, 2007¹¹
Chief financial officerStephen M. Kovzan Feb 6, 2008 to Apr 22, 2021¹²
Chief financial officerEric Bur Apr 3, 2006 to Apr 2, 2007¹³
Chief operating officerRobert W. Knapp Feb 1, 2012 to Feb 26, 2018¹⁴
Chief operating officerHarry Herington Jan 3, 2006 to Apr 3, 2006¹⁵

Board members and other officers (21)

Chief of StaffElizabeth Amegan Thomas Aug 5, 2020 to Apr 22, 2021¹⁶
Sen VP Marketing & CommElizabeth McCarrell Proudfit Aug 5, 2020 to Apr 22, 2021¹⁷
Chief Technology OfficerBrian Gerald Anderson May 9, 2019 to Apr 22, 2021¹⁸
Chief Accounting OfficerAimi Daughtery Feb 3, 2011 to Feb 25, 2016¹⁹
Sr. VP, Business DevelopmentRon Thornburgh Sep 16, 2011 to Feb 25, 2016²⁰
Executive Vice PresidentRobert W. Knapp Feb 5, 2009 to Nov 10, 2011²¹
Exec.VP - Oper. & Admin.Sam Somerhalder Jan 9, 2006 to Jul 31, 2007²²
VP - Fin. Oper. and CAOStephen M. Kovzan Jul 31, 2006 to Jul 31, 2007²³
Board memberSylvester James Jr. Aug 31, 2020 to Apr 22, 2021²⁴
Board memberJayaprakash Vijayan Jun 8, 2018 to Apr 22, 2021²⁵
Board memberVenmal (raji) Arasu May 7, 2015 to Apr 22, 2021²⁶
Board memberCharles Bradford Henry Oct 26, 2011 to Apr 22, 2021²⁷
Board memberJeff Fraser Feb 6, 2008 to Sep 8, 2009²⁸
Board memberAlexander C. Kemper Nov 7, 2007 to Apr 22, 2021²⁹
Board memberArt N. Burtscher Jan 9, 2006 to Apr 22, 2021³⁰
Board memberRoss C. Hartley Jan 9, 2006 to Jun 8, 2018³¹
Board memberPeter B. Wilson Jan 24, 2006 to Apr 22, 2021³²
Board memberDaniel J. Evans Jan 25, 2006 to May 8, 2014³³
Board memberJohn L. Bunce Jr. Feb 14, 2006 to May 8, 2008³⁴
Board memberHarry Herington Oct 23, 2006 to Mar 6, 2008³⁵
General counselAsselt William A. Van Jan 22, 2016 to Apr 22, 2021³⁶

Acquisitions

In 2018, NIC acquired Leap Orbit, a prescription drug-monitoring program (PDMP).

In 2019, NIC acquired Complia, a Centennial, Colorado-based technology platform for government regulated cannabis.