Colorado Springs, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CONVERGE LECTURE SERIES, founded in 2017, is a small nonprofit that reported $361K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $337K left a modest 7% surplus.
Converge uses art to meet real community needs (therapy, education, community events)
The converge lecture series are community events that bring artists to colorado springs to speak to the community
The converge therapy program uses art and solution focused brief therapy to help students with mental health needs.
Educational fellowship program providing students with art education, mentorship, books, notebooks, and scholarships for higher education
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $361,194 | $234,581 | +0.5% |
| Expenses | $337,180 | $250,894 | +0.3% |
| Net Income | $24,014 | $-16,313 | -2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Samuel Stephenson | Founder and Executive Director | 40.00 |
Officer
Key Emp
|
$68,000 | $0 | $68,000 |
| David Duguid | Secretary | 5.00 |
Officer
|
$0 | $0 | $0 |
| Jeff Scholes | Board President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Jane Hilberry | Board Vice President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Virginia Kruckeberg | Member | 5.00 |
Officer
|
$0 | $0 | $0 |
| Tina Horton | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $361,194 | $337,180 | $990 | $24,014 |
| 2022 | $234,581 | $250,894 | $30,906 | $-16,313 |
Compare CONVERGE LECTURE SERIES with other nonprofits in Colorado and across the country.