Civic Intelligence

Convergence Events Inc.

990 • Fiscal year 2018 • EIN 27-1445975

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 11, 2019

Organization ProfileWWW.CONVERGENCEEVENTS.ORG
2355 Fairview Ave 162Roseville, MN 55113

(612) 234-2845

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

30th percentile

-5.1%

Higher net margin than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

29th percentile

-10%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

3.0%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$187,211

Down $21,836 (-10%) from 2017

Net Assets

Down

$179,866

Down $23,984 (-12%) from 2017

Liabilities

Up

$7,345

Up $2,148 (+41%) from 2017

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin30th percentile

Revenue

Up

$474,184

Up $13,912 (+3.0%) from 2017

Expenses

Down

$498,168

Down $23,200 (-4.4%) from 2017

Net Income

Up

-$23,984

Up $37,112 (+61%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2018

Assets$187,211
Liabilities$7,345
Net Assets$179,866
Open 2018 Filing

Operations Trend

Revenue Growth53rd percentile

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

2018

Revenue$474,184
Expenses$498,168
Net Income-$23,984
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 11, 2019
Return Version
2018v3.1
Gross Receipts
$490,643
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$161,818$162,794▲ $976
Cash and Non-Interest-Bearing Accounts$47,229$24,417▼ $22,812
Total Assets$209,047$187,211▼ $21,836
Liabilities
Accounts Payable and Accrued Expenses$5,197$7,345▲ $2,148
Total Liabilities$5,197$7,345▲ $2,148
Net Assets / Fund Balance
Unrestricted Net Assets$203,850$179,866▼ $23,984
Total Net Assets Fund Balance$203,850$179,866▼ $23,984
Total Liabilities and Net Assets / Fund Balance$209,047$187,211▼ $21,836
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Jonathan PalmerPresident
Nadim KhalidiVice President
Lauren SindtDirector
Stephanie ZuercherDirector
Thomas KeeleyChief Financial Officer
Amy MillsSecretary
Margaret EastmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,229
Program Service Revenue
$465,892
Investment Income
$983
Other Revenue
$6,080
All Other Contributions
$1,229
Change in Net Assets
$-23,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$471,168
Grants and Similar Amounts Paid$27,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$313,602--$313,602
Grants to Domestic Orgs$27,000--$27,000
Fees for Services Legal-$15,210-$15,210
Travel$14,487--$14,487
Information Technology$11,246--$11,246
Other Expenses$85,865$10,481-$10,481
Office Expenses$315$8,284-$8,599
Insurance$8,395--$8,395
Occupancy$3,000--$3,000
All Other Expenses-$283-$283
Total Functional Expenses$463,910$34,258$0$498,168
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Geek Partnership SocietyMinneapolis, MN501(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 11B

“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

Filer Name
Convergence Events
EIN
27-1445975
Phone
6122342845
Address
2355 FAIRVIEW AVE 162, ROSEVILLE, MN 55113

Signing Officer

Name
Thomas Keeley
Title
Chief Financial Officer
Phone
6122342845
Signed
2019-08-11
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
500

Preparer

Firm
Thomas Lewis & Associates Pa
Address
6700 FRANCE AVENUE STE 116, MINNEAPOLIS, MN 55435
Preparer
Thomas Lewis CPA
Phone
9528351510
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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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IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BRINGING SCIENCE TO CLASSROOMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GEEK PARTNERSHIP SOCIETY
IRS990ScheduleI/RecipientTable/RecipientEIN0411908130
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0JACKSON ST NE SUITE 106
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055413
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0209047
IRS990/TotalAssetsEOYAmt0187211
IRS990/TotalAssetsGrp/BOYAmt0209047
IRS990/TotalAssetsGrp/EOYAmt0187211
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01229
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034258
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0463910
IRS990/TotalFunctionalExpensesGrp/TotalAmt0498168
IRS990/TotalGrossUBIAmt06080
IRS990/TotalLiabilitiesBOYAmt05197
IRS990/TotalLiabilitiesEOYAmt07345
IRS990/TotalLiabilitiesGrp/BOYAmt05197
IRS990/TotalLiabilitiesGrp/EOYAmt07345
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0203850
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0179866
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0463910
IRS990/TotalProgramServiceRevenueAmt0465892
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0983
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0465892
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0474184
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06080
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0209047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0187211
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014487
IRS990/TravelGrp/TotalAmt014487
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0203850
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0179866
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IRS990/USAddress/CityNm0ROSEVILLE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055113
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.CONVERGENCEEVENTS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS KEELEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum06122342845
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONVERGENCE EVENTS
ReturnHeader/Filer/BusinessNameControlTxt0CONV
ReturnHeader/Filer/EIN0271445975
ReturnHeader/Filer/PhoneNum06122342845
ReturnHeader/Filer/USAddress/AddressLine1Txt02355 FAIRVIEW AVE 162
ReturnHeader/Filer/USAddress/CityNm0ROSEVILLE
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B0045918F5B6E1A61EB2141DA18E1F4D4A69D01E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.92.145.2
ReturnHeader/FilingSecurityInformation/IPDt02019-08-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:33:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411600259
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS LEWIS & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06700 FRANCE AVENUE STE 116
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055435
ReturnHeader/PreparerPersonGrp/PhoneNum09528351510
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS LEWIS CPA
ReturnHeader/ReturnTs02019-08-11T13:33:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$187,211
Liabilities
$7,345
Net assets
$179,866
Revenue
$474,184
Expenses
$498,168
Net income
-$23,984
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
2018Detailed filing. Detailed filing data is available for this year.$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