CONVERGENCE ANALYSIS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Harry Day

Phone

2092653407

Tax Period

2023-01-01 to 2023-12-31

CONVERGENCE ANALYSIS, founded in 2018, is a small nonprofit in the Education sector that reported $336K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $668K exceeded revenue, resulting in a 99% operating deficit.

Mission

Convergence Analysis's mission is to improve the long-term prospects for human civilization to survive and thrive. Its specific objectives and purposes shall be: (1) To analyze existing academic research and conduct interdisciplinary basic research into the future of human civilization; (2) To apply our findings to the study of risks to civilization, particularly in order to understand how to prevent these risks; (3) To educate the public about our findings through public presentations of our research.

Program Service Accomplishments

Program 1

Expenses: $113,591 Revenue: $0

Modeling cooperation: Conduct research into improving cooperation in society between different groups developing advanced Artificial Intelligence (AI). 1. The baseline AI competition model was...

Modeling cooperation: Conduct research into improving cooperation in society between different groups developing advanced Artificial Intelligence (AI). 1. The baseline AI competition model was substantially revised, and a tool for running Monte Carlo simulations of the former was introduced. 2. Completed an early draft of the paper on Windfall clauses, and drafted a technical manual for the baseline model. 3. Shared modeling methods with and discussed with and advised other governance researchers.

Program 2

Expenses: $86,446 Revenue: $0

Technologies for Pandemic Defence: Conducting research into pandemics and technologies for improving existential outcomes. Including simulating outbreaks, analysing pandemic economics, developing...

Technologies for Pandemic Defence: Conducting research into pandemics and technologies for improving existential outcomes. Including simulating outbreaks, analysing pandemic economics, developing policy proposals. Writing, advisory and advocacy activities relating to this research.

Program 3

Expenses: $284,517 Revenue: $0

Existential risk strategy research: Produce societally valuable insights on managing advanced technologies, especially Artificial Intelligence (AI), and spread these insights to decision makers and society as a whole. 1. We performed research into AI developments and understanding the risks to human civilization from these developments. 2. We advised organizations on the forefront of AI technologies on ethical and safe decision making regarding advanced AI technologies.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $336,000

Program Service Revenue $0

Investment Income $147

Other Revenue $0

TOTAL REVENUE $336,147

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $484,554

Other Expenses $662,844

TOTAL EXPENSES $667,844

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,147	$251,000	+0.3%
Expenses	$667,844	$136,198	+3.9%
Net Income	$-331,697	$114,802	-3.9%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
Justin Shovelain	President of the Board	40	Director	$0	$0	$0
Kristian Ronn	Board Member	1	Director	$0	$0	$0
Andrew Stewart	Board member	1	Director	$0	$0	$0
David Kristoffersson	CEO	40	Officer	$0	$0	$0
Harry Day	Secretary & Treasurer	40	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
2024	No data	No data	No data	No data
2023	$336,147	$667,844	$691,704	$-331,697
2022	$251,000	$136,198	$1,023,401	$114,802
2021	$809,396	$59,756	$908,599	$749,640