CONVERGINT CARES FOUNDATION (EIN 842353837) - Form 990 Financial Analysis & Trantor Score

🔒

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

2019

Legal Domicile

Principal Officer

TONY VARCO

Phone

8476205000

Tax Period

2024-01-01 to 2024-12-31

CONVERGINT CARES FOUNDATION, founded in 2019, is a community nonprofit in the Public Safety sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 1456% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION IS ORGANIZED TO PROVIDE SECURITY SERVICES FREE-OF-CHARGE TO CHARITABLE RECIPIENTS, INCLUDING UNDERPRIVILEDGED K-12 SCHOOLS AND THE NATIONAL PARK SERVICE

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,326,189

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,326,189

Expense Breakdown

Grants Paid $1,285,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,285,000

Other Expenses $8,808

TOTAL EXPENSES $1,293,808

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,326,189	$85,240	+14.6%
Expenses	$1,293,808	$69,792	+17.5%
Net Income	$32,381	$15,448	+1.1%

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

N/A

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
KEN LOCHIATTO	Director	1.00	Director	$0	$0	$0
SEAN FLINT	Director	1.00	Director	$0	$0	$0
TOM FOSTER	Director	1.00	Director	$0	$0	$0
TONY VARCO	President	1.00	Officer	$0	$0	$0
KATHRYN INGRAHAM	Vice President	1.00	Officer	$0	$0	$0
STEVE HELMS	Treasurer	1.00	Officer	$0	$0	$0
KATHERINE ZYCH	Secretary	1.00	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
2024	$1,326,189	$1,293,808	$103,474	$32,381

CONVERGINT CARES FOUNDATION