CONVERGE LECTURE SERIES

EIN: 821407571 501(c)(3)

Colorado Springs, CO

Total Revenue
$361,194
Total Expenses
$337,180
Total Assets
$990
Net Assets
$84
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CO
Principal Officer
Samuel Stephenson
Phone
7192103726
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

Converge uses art to meet real community needs

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $127,232
Program Service Revenue $233,962
Investment Income $0
Other Revenue $0
TOTAL REVENUE $361,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,291
Fundraising Expenses $8,662
Program Expenses $195,171
Other Expenses $217,889
TOTAL EXPENSES $337,180

Year-over-Year Comparison

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%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
2
Volunteers
15

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
6
$68,000
Total Directors
0
$0
Key Employees
1
$68,000
Highest Compensated
0
reported
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
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 $361,194 $337,180 $990 $24,014
2022 $234,581 $250,894 $30,906 $-16,313
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CONVERGE LECTURE SERIES with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.