Civic Intelligence

Convergence Network Inc.

990 • Fiscal year 2016 • EIN 46-3420657

Jan 01, 2016 to Dec 31, 2016

Atlanta, GA
Siviq Scores

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

Liabilities / Assets

76th percentile

0.09x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.03x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

96th percentile

211%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

155%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$119,279

Up $80,972 (+211%) from 2015

Net Assets

Up

$108,393

Up $130,239 (+596%) from 2015

Liabilities

Down

$10,886

Down $49,267 (-82%) from 2015

Revenue

Up

$389,828

Up $236,994 (+155%) from 2015

Expenses

Up

$259,590

Up $79,907 (+44%) from 2015

Net Income

Up

$130,238

Up $157,087 (+585%) from 2015

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

2016

Assets$119,279
Liabilities$10,886
Net Assets$108,393

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

2016

Revenue$389,828
Expenses$259,590
Net Income$130,238
Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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