Civic Intelligence

Convergence Network Inc.

990EZ • Fiscal year 2015 • EIN 46-3420657

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 05, 2016

743 Virginia Avenue NEAtlanta, GA 30306

(888) 249-8244

Siviq Scores

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

Liabilities / Assets

96th percentile

1.57x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

141%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$38,307

Down $11,965 (-24%) from 2014

Net Assets

Down

-$21,846

Down $26,849 (-537%) from 2014

Liabilities

Up

$60,153

Up $14,884 (+33%) from 2014

Revenue

Up

$152,834

Up $89,513 (+141%) from 2014

Expenses

Up

$179,683

Up $121,365 (+208%) from 2014

Net Income

Down

-$26,849

Down $31,852 (-637%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2014: $50,272Liabilities 2014: $45,269Net Assets 2014: $5,0032014Assets 2015: $38,307Liabilities 2015: $60,153Net Assets 2015: -$21,8462015Assets 2016: $119,279Liabilities 2016: $10,886Net Assets 2016: $108,3932016Assets 2017: $23,491Liabilities 2017: $0Net Assets 2017: $23,4912017Assets 2018: $36,145Liabilities 2018: $8Net Assets 2018: $36,1372018Assets 2019: $197,518Liabilities 2019: $970Net Assets 2019: $196,5482019Assets 2020: $128,434Liabilities 2020: $248Net Assets 2020: $128,1862020Assets 2021: $103,824Liabilities 2021: $22,019Net Assets 2021: $81,8052021Assets 2022: $112,490Liabilities 2022: $33,196Net Assets 2022: $79,2942022Assets 2023: $217,000Liabilities 2023: $1,369Net Assets 2023: $215,6312023Assets 2024: $188,194Liabilities 2024: $1,498Net Assets 2024: $186,6962024

Highlighted filing

2015

Assets$38,307
Liabilities$60,153
Net Assets-$21,846

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $63,321Expenses 2014: $58,318Net Income 2014: $5,0032014Revenue 2015: $152,834Expenses 2015: $179,683Net Income 2015: -$26,8492015Revenue 2016: $389,828Expenses 2016: $259,590Net Income 2016: $130,2382016Revenue 2017: $496,605Expenses 2017: $581,507Net Income 2017: -$84,9022017Revenue 2018: $294,641Expenses 2018: $281,995Net Income 2018: $12,6462018Revenue 2019: $357,188Expenses 2019: $196,777Net Income 2019: $160,4112019Revenue 2020: $17,156Expenses 2020: $85,518Net Income 2020: -$68,3622020Revenue 2021: $103,230Expenses 2021: $149,611Net Income 2021: -$46,3812021Revenue 2022: $116,596Expenses 2022: $119,107Net Income 2022: -$2,5112022Revenue 2023: $241,682Expenses 2023: $107,345Net Income 2023: $134,3372023Revenue 2024: $67,850Expenses 2024: $96,785Net Income 2024: -$28,9352024

Highlighted filing

2015

Revenue$152,834
Expenses$179,683
Net Income-$26,849
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 5, 2016
Return Version
2015v2.1
Gross Receipts
$160,141
Mission and Program Overview

Mission

The convergence movement is bringing together forward-thinking catholics, evangelicals, and mainline protestants, along with ethnic and peace churches and other willing colleagues, in a growing movement-building collaborative. This movement connects people and organizations to solve great problems and participate in new opportunities, especially to heal the human spirit, to foster abundant life in community, to seek the common good, and to promote responsible living with the earth.

Program Services

DescriptionGrantsExpenses
10K CHURCHES - JOIN EXISTING CONGREGATIONS WORKING TOGETHER TO BRING ABOUT A MORE INCLUSIVE, GENEROUS EXPRESSION OF CHRISTIANITY.-$126,084
RESHAPING THEOLOGICAL EDUCATION - WE FACE A NEED FOR HIGHLY TRAINED LEADERS EQUIPPED FOR TIMES OF GREAT CHALLENGE AND OPPORTUNITY. CONVERGENCE WORKS WITH EXISTING AND NEW EDUCATORS TO DEVELOP AND DEPLOY NEEDED LEADERS.-$40,846
OPTIMIZING PROGRESSIVE EVANGELICAL NETWORKS - OPEN IS A COLLECTIVE OF PROGRESSIVE EVANGELICAL FAITH-ENGAGED ORGANIZATIONS, INDIVIDUALS, INSTITUTIONS AND NETWORKS WHO SEEK TO EMBODY A NEW PROGRESSIVE EVANGELICAL CHRISTIAN ETHOS LEADING TO CONSTRUCTIVE COLLECTIVE ACTION IN THE UNITED STATES.-$20,060
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN MCLARENDirector/ChairpersonPT$0--
CAMERON TRIMBLEExecutive DirectorPT$0--
JOHN DORHAUERDirectorPT$0--
YVETTE FLUNDERDirectorPT$0--
REUBEN DURANDirectorPT$0--
ALICE HUNTDirectorPT$0--
ERIC ELNESDirectorPT$0--
JO HUDSONDirectorPT$0--
GLENNON MELTONDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Convergence Network Inc
EIN
46-3420657
Phone
8882498244
Address
743 VIRGINIA AVENUE NE, ATLANTA, GA 30306

Signing Officer

Name
Cameron Trimble
Title
Executive Director
Phone
8882498244
Signed
2016-08-05
Discuss with paid preparer
Yes

Preparer

Firm
Mcbride Accounting LLC
Address
1135 HWY 213, COVINGTON, GA 30014
Preparer
Veronique a Mcbride
Phone
4042900031
Supplemental Narrative

Additional Explanations

Other

PART II, line 26 - Crowd funding payable are receipts that were not distributed until after year end due to timing of projects funded.

Other

Form 990EZ is distributed to board for review prior to filing

Form 990EZ, Part I, Line 16

BANK FEES 1638.

Form 990EZ, Part I, Line 16

DONATIONS NAACP Portland Chapter 1120B 250.

Form 990EZ, Part I, Line 16

MARKETING 1416.

Form 990EZ, Part I, Line 16

Meals for events and travel 7350.

Form 990EZ, Part I, Line 16

Meetings & conventions 20596.

Form 990EZ, Part I, Line 16

Software/online services 1973.

Form 990EZ, Part I, Line 16

SUPPLIES 1389.

Form 990EZ, Part I, Line 16

TRAVEL 10916.

Form 990EZ, Part II, Line 26

Accounts payable 45269. 49498.

Form 990EZ, Part II, Line 26

CREDIT CARDS 0. 129.

Form 990EZ, Part II, Line 26

Crowdfunding payable 0. 10526.

Raw XML Appendix185 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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IRS990EZ/PrimaryExemptPurposeTxt0THE CONVERGENCE MOVEMENT IS BRINGING TOGETHER FORWARD-THINKING CATHOLICS, EVANGELICALS, AND MAINLINE PROTESTANTS, ALONG WITH ETHNIC AND PEACE CHURCHES AND OTHER WILLING COLLEAGUES, IN A GROWING MOVEMENT-BUILDING COLLABORATIVE. THIS MOVEMENT CONNECTS PEOPLE AND ORGANIZATIONS TO SOLVE GREAT PROBLEMS AND PARTICIPATE IN NEW OPPORTUNITIES, ESPECIALLY TO HEAL THE HUMAN SPIRIT, TO FOSTER ABUNDANT LIFE IN COMMUNITY, TO SEEK THE COMMON GOOD, AND TO PROMOTE RESPONSIBLE LIVING WITH THE EARTH.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART II, line 26 - Crowd funding payable are receipts that were not distributed until after year end due to timing of projects funded.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990EZ is distributed to board for review prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK FEES 1638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATIONS NAACP Portland Chapter 1120B 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MARKETING 1416.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS FOR EVENTS AND TRAVEL 7350.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEETINGS & CONVENTIONS 20596.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOFTWARE/ONLINE SERVICES 1973.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SUPPLIES 1389.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRAVEL 10916.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACCOUNTS PAYABLE 45269. 49498.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CREDIT CARDS 0. 129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CROWDFUNDING PAYABLE 0. 10526.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
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ReturnHeader/BuildTS02016-12-15 16:53:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CAMERON TRIMBLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08882498244
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONVERGENCE NETWORK INC
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ReturnHeader/Filer/EIN0463420657
ReturnHeader/Filer/PhoneNum08882498244
ReturnHeader/Filer/USAddress/AddressLine1Txt0743 VIRGINIA AVENUE NE
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ReturnHeader/PreparerPersonGrp/PhoneNum04042900031
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VERONIQUE A MCBRIDE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-09T07:54:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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