CORUNDUM CONVERGENCE INSTITUTE

EIN: 934508245 501(c)(3) Science & Technology

CAMBRIDGE, MA

Total Revenue
$998,386
Total Expenses
$243,779
Total Assets
$739,240
Net Assets
$718,895
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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
2023
Legal Domicile
DE
Principal Officer
SHUNSUKE NAGAO
Phone
2039740356
Tax Period
2024-01-01 to 2024-12-31

CORUNDUM CONVERGENCE INSTITUTE, founded in 2023, is a small nonprofit in the Science & Technology sector that reported $998K in total revenue in fiscal year 2024. The organization ran a surplus of $755K, a strong 76% operating margin.

Mission

WE EXPLORE AREAS OF SCIENTIFIC EXPLORATION TO POSITIVELY IMPACT HUMAN HEALTH AND WELLBEING.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $997,000
Program Service Revenue $0
Investment Income $0
Other Revenue $1,386
TOTAL REVENUE $998,386

Expense Breakdown

Grants Paid $134,482
Salaries & Benefits $0
Fundraising Expenses $37,554
Program Expenses $185,313
Other Expenses $109,297
TOTAL EXPENSES $243,779

Year-over-Year Comparison

2024 2023 Change
Revenue $998,386 N/A N/A
Expenses $243,779 $35,712 +5.8%
Net Income $754,607 $-35,712 -22.1%
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

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Governance

Voting Members
8
Independent Members
8
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHUNSUKE NAGAO PRESIDENT 0.50
Officer Director
$0 $0 $0
NAOHIRO TAKEMOTO TREASURER 0.50
Officer Director
$0 $0 $0
JOSH SCHULMAN SECRETARY 0.50
Officer Director
$0 $0 $0
TAKAO HENSCH DIRECTOR 0.50
Director
$0 $0 $0
SHINICHI NISHIKAWA DIRECTOR 0.50
Director
$0 $0 $0
HIDEHIKO OTAKE DIRECTOR 0.50
Director
$0 $0 $0
JESSICA SCHNEIDER DIRECTOR 0.50
Director
$0 $0 $0
LIRON NUNEZ WEISSMAN DIRECTOR 0.50
Director
$0 $0 $0
KAZUYUKI SASAKI TREASURER 0.50
Officer Director
$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 $998,386 $243,779 $739,240 $754,607
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