CONVERGENCE NETWORK INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

CAMERON TRIMBLE

Phone

8882498244

Tax Period

2023-01-01 to 2023-12-31

CONVERGENCE NETWORK INC, founded in 2014, is a small nonprofit in the Religion sector that reported $242K in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $134K, a strong 56% operating margin.

Mission

THE CONVERGENCE MOVEMENT IS BRINGING TOGETHER FORWARD-THINKING CATHOLICS, EVANGELICALS, AND MAINLINE PROTESTANTS, ALONG WITH ETHNIC AND PEACE CHURCHES AND OTHER WILLING COLLEAGUES, IN A GROWING MOVEMENT-BUILDING COLLABORATIVE. THIS MOVEMENT CONNECTS PEOPLE AND ORGANIZATIONS TO SOLVE GREAT PROBLEMS AND PARTICIPATE IN NEW OPPORTUNITIES, ESPECIALLY TO HEAL THE HUMAN SPIRIT, TO FOSTER ABUNDANT LIFE IN COMMUNITY, TO SEEK THE COMMON GOOD, AND TO PROMOTE RESPONSIBLE LIVING WITH THE EARTH.

Program Service Accomplishments

Program 1

Expenses: $80,074 Revenue: $190,050

THE CENTER FOR CHAPLAINCY STUDIES - PROVIDES TRAINING AND CONSULTING TO DEVELOP COURAGEOUS, COMPASSIONATE, AND CREATIVE LEADERS WHO CAN EFFECTIVELY SERVE IN TRAUMA-IMPACTED COMMUNITIES. OUR PARTNERS INCLUDE ACADEMIC INSTITUTIONS, CONGREGATIONS, AND A BROAD RANGE OF COMMUNITY ORGANIZATIONS.

Program 2

Expenses: $23,187 Revenue: $20,447

CONVERGENCE MUSIC PROJECT - CONVERGENCE MUSIC PROJECT IS ABOUT GREAT NEW SONGS OF ALL KINDS AND MUSICAL STYLES FOR WORSHIP THAT REFLECT THE THEOLOGY AND TRANSFORMING BIBLICALLY-BASED AGENDA AT THE...

CONVERGENCE MUSIC PROJECT - CONVERGENCE MUSIC PROJECT IS ABOUT GREAT NEW SONGS OF ALL KINDS AND MUSICAL STYLES FOR WORSHIP THAT REFLECT THE THEOLOGY AND TRANSFORMING BIBLICALLY-BASED AGENDA AT THE HEART OF CONVERGENCE CHRISTIANITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $247,100

Program Service Revenue $0

Investment Income $15

Other Revenue $-5,433

TOTAL REVENUE $241,682

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,261

Other Expenses $107,345

TOTAL EXPENSES $107,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,682	$116,596	+1.1%
Expenses	$107,345	$119,107	-0.1%
Net Income	$134,337	$-2,511	-54.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN MCLAREN	DIRECTOR	7.50	Director	$0	$0	$0
CAMERON TRIMBLE	EXECUTIVE DIRECTOR	7.50	Director	$0	$0	$0
JOHN DORHAUER	DIRECTOR	7.50	Director	$0	$0	$0
ALICE HUNT	DIRECTOR	7.50	Director	$0	$0	$0
JO HUDSON	DIRECTOR/CHAIRPERSON	7.50	Director	$0	$0	$0
JACQUELINE LEWIS	DIRECTOR	7.50	Director	$0	$0	$0
PAM DRIESELL	DIRECTOR	7.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$241,682	$107,345	$217,000	$134,337
2022	$116,596	$119,107	$112,490	$-2,511
2021	$103,230	$149,611	$103,824	$-46,381
2020	$17,156	$85,518	$128,434	$-68,362
2019	$357,188	$196,777	$197,518	$160,411
2018	$294,641	$281,995	$36,145	$12,646