Civic Intelligence

Convergence Events Inc.

990 • Fiscal year 2013 • EIN 27-1445975

Jan 01, 2013 to Dec 31, 2013 • Filed on Feb 25, 2014

Organization ProfileWWW.CONVERGENCEEVENTS.ORG
1121 Jackson St NE 10655413

(612) 234-2845

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$352,582

Up $127,650 (+57%) from 2012

Net Assets

Up

$352,565

Up $132,105 (+60%) from 2012

Liabilities

Down

$17

Down $4,455 (-100%) from 2012

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin84th percentile

Revenue

$442,949

No earlier filing loaded for comparison.

Expenses

Up

$310,843

Up $31,813 (+11%) from 2012

Net Income

$132,106

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $174,056Liabilities 2011: $1,121Net Assets 2011: $172,9352011Assets 2012: $224,932Liabilities 2012: $4,472Net Assets 2012: $220,4602012Assets 2013: $352,582Liabilities 2013: $17Net Assets 2013: $352,5652013Assets 2014: $321,691Liabilities 2014: $3,814Net Assets 2014: $317,8772014Assets 2015: $340,056Liabilities 2015: $3,495Net Assets 2015: $336,5612015Assets 2016: $267,805Liabilities 2016: $2,859Net Assets 2016: $264,9462016Assets 2017: $209,047Liabilities 2017: $5,197Net Assets 2017: $203,8502017Assets 2018: $187,211Liabilities 2018: $7,345Net Assets 2018: $179,8662018Assets 2019: $163,602Liabilities 2019: $17,768Net Assets 2019: $145,8342019Assets 2020: $261,240Liabilities 2020: $11,015Net Assets 2020: $250,2252020Assets 2022: $83,559Liabilities 2022: $7,136Net Assets 2022: $76,4232022Assets 2024: $168,335Liabilities 2024: $0Net Assets 2024: $168,3352024

Highlighted filing

2013

Assets$352,582
Liabilities$17
Net Assets$352,565
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $212,4852011Expenses 2012: $279,0302012Revenue 2013: $442,949Expenses 2013: $310,843Net Income 2013: $132,1062013Revenue 2014: $382,582Expenses 2014: $417,270Net Income 2014: -$34,6882014Revenue 2015: $406,778Expenses 2015: $388,093Net Income 2015: $18,6852015Revenue 2016: $418,043Expenses 2016: $489,658Net Income 2016: -$71,6152016Revenue 2017: $460,272Expenses 2017: $521,368Net Income 2017: -$61,0962017Revenue 2018: $474,184Expenses 2018: $498,168Net Income 2018: -$23,9842018Revenue 2019: $490,735Expenses 2019: $524,767Net Income 2019: -$34,0322019Revenue 2020: $189,668Expenses 2020: $85,277Net Income 2020: $104,3912020Revenue 2022: $350,893Expenses 2022: $450,570Net Income 2022: -$99,6772022Revenue 2024: $492,578Expenses 2024: $481,197Net Income 2024: $11,3812024

Highlighted filing

2013

Revenue$442,949
Expenses$310,843
Net Income$132,106
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Feb 25, 2014
Return Version
2013v3.0
Gross Receipts
$460,231
Mission and Program Overview

Mission

A non-profit, volunteer-run organization dedicated to creating exciting events that connect, enrich and expand our diverse community, and to inspiring each other through creativity, learning, and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$183,147$294,373▲ $111,226
Cash and Non-Interest-Bearing Accounts$41,785$58,209▲ $16,424
Total Assets$224,932$352,582▲ $127,650
Liabilities
Accounts Payable and Accrued Expenses$4,472$17▼ $4,455
Total Liabilities$4,472$17▼ $4,455
Net Assets / Fund Balance
Unrestricted Net Assets$220,460$352,565▲ $132,105
Total Net Assets Fund Balance$220,460$352,565▲ $132,105
Total Liabilities and Net Assets / Fund Balance$224,932$352,582▲ $127,650
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Amy MillsDirector
Cristian DaviesDirector
Ishmael WilliamsDirector
Liz HernandezDirector
Michael LeeDirector
Thomas KeeleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,198
Program Service Revenue
$437,318
Investment Income
$3,784
Other Revenue
$649
All Other Contributions
$1,198
Change in Net Assets
$132,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,143
Grants and Similar Amounts Paid$25,700
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$191,661--$191,661
Grants to Domestic Orgs$25,700--$25,700
Occupancy$20,000--$20,000
Travel$13,217--$13,217
Office Expenses$8,369--$8,369
Other Expenses$42,947$5,010-$5,010
Information Technology$3,289--$3,289
Fees for Services Legal-$650-$650
Total Functional Expenses$305,183$5,660$0$310,843
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
41-1908130-501(c)(3)Bringing Science to Classrooms$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A draft of the 990 is provided to the treasurer, who is responsible for making it available to the rest of the governing board, prior to filing.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available on the website.”

Filing and Contact Details

Filer

EIN
27-1445975
Phone
6122342845

Signing Officer

Name
Thomas Keeley
Title
Treasurer
Phone
6122342845
Signed
2014-02-25
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
25

Preparer

Preparer
Eric Haukkala CPA
Phone
6516905498
Raw XML Appendix354 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalLiabilitiesGrp/EOYAmt017
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220460
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352565
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0305183
IRS990/TotalProgramServiceRevenueAmt0437318
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0235
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0440867
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0442949
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0649
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0224932
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0352582
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt013217
IRS990/TravelGrp/TotalAmt013217
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0220460
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0352565
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101121 JACKSON ST NE 106
IRS990/USAddress/City0MINNEAPOLIS
IRS990/USAddress/State0MN
IRS990/USAddress/ZIPCode055413
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.CONVERGENCEEVENTS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS KEELEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06122342845
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine10CONVERGENCE EVENTS
ReturnHeader/Filer/BusinessNameControlTxt0CONV
ReturnHeader/Filer/EIN0271445975
ReturnHeader/Filer/PhoneNum06122342845
ReturnHeader/Filer/USAddress/AddressLine101121 JACKSON ST NE 106
ReturnHeader/Filer/USAddress/City0MINNEAPOLIS
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055413
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411600259
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10THOMAS LEWIS & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10750 SOUTH PLAZA DRIVE SUITE 208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MENDOTA HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode055120
ReturnHeader/PreparerPersonGrp/PhoneNum06516905498
ReturnHeader/PreparerPersonGrp/PreparationDt02014-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC HAUKKALA CPA
ReturnHeader/ReturnTs02014-02-25T10:26:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$352,582
Liabilities
$17
Net assets
$352,565
Revenue
$442,949
Expenses
$310,843
Net income
$132,106
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.00$1.68$4.93$4.81$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.07$0.76$3.51$4.51$1.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.11$2.50$1.90$0.85$1.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.18$1.46$4.91$5.25$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.07$1.80$4.74$4.98$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.05$2.04$4.60$5.21$0.61
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.03$2.65$4.18$4.90$0.72
2015Detailed filing. Detailed filing data is available for this year.$3.40$0.03$3.37$4.07$3.88$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.22$0.04$3.18$3.83$4.17$0.35
2013Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$4.43$3.11$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.04$2.20$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.01$1.73$2.12