Convergence Integrated Care (EIN 843899696) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

Ann Henderson

Phone

6515710515

Tax Period

2023-01-01 to 2023-12-31

Convergence Integrated Care, founded in 2019, is a small nonprofit in the Mental Health sector that reported $584K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $767K exceeded revenue, resulting in a 31% operating deficit.

Mission

Transforming community behavioral health.

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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 $573,207

Program Service Revenue $10,750

Investment Income $0

Other Revenue $0

TOTAL REVENUE $583,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $350,589

Fundraising Expenses $0

Program Expenses $598,692

Other Expenses $416,484

TOTAL EXPENSES $767,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$583,957	$737,697	-0.2%
Expenses	$767,073	$687,390	+0.1%
Net Income	$-183,116	$50,307	-4.6%

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

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

$154,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Trevor Johnson	President (Jan-Sep)	4.00	Officer Director	$0	$0	$0
Ann Henderson- Vice President	(Jan-Sep)/ President (Oct-Dec)	4.00	Officer Director	$0	$0	$0
Katie Perzel	Secretary	4.00	Officer Director	$0	$0	$0
Shauna Reitmeier- Board	Treasurer	4.00	Officer Director	$0	$0	$0
Amy Ward	Board Member	2.00	Director	$0	$0	$0
Jill Weidemann-West	Board Member	2.00	Director	$0	$0	$0
Sarah Ackerman	Board Member	2.00	Director	$0	$0	$0
Chris Jenkins	Board Member	2.00	Director	$0	$0	$0
Steven Loos	Board Member	2.00	Director	$0	$0	$0
Jin Lee Palen	Executive Director	14.00	Officer	$0	$0	$0
Tom Steinmetz	Sr. Operations Director	32.00	Officer	$124,037	$30,031	$154,068
Gladys Chuy	Population Health & Quality Director	40.00	Highest	$124,518	$13,713	$138,231

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	$583,957	$767,073	$747,624	$-183,116
2022	$737,697	$687,390	$977,715	$50,307
2021	$762,329	$315,942	$906,288	$446,387
2020	$416,027	$95,957	$420,071	$320,070

Convergence Integrated Care