Convergence Network Inc.

990 • Fiscal year 2017 • EIN 46-3420657

Jan 01, 2017 to Dec 31, 2017

Organization Profile N/A

Atlanta, GA

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-17%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

-80%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

27%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets54th percentile

Assets

Down

$23,491

Down $95,788 (-80%) from 2016

Net Assets

Down

$23,491

Down $84,902 (-78%) from 2016

Liabilities

Down

Down $10,886 (-100%) from 2016

Revenue And Expenses

Liabilities / Revenue54th percentile Net Margin18th percentile

Revenue

$496,605

Up $106,777 (+27%) from 2016

Expenses

$581,507

Up $321,917 (+124%) from 2016

Net Income

Down

-$84,902

Down $215,140 (-165%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

Highlighted filing

2017

Assets$23,491

Liabilities$0

Net Assets$23,491

Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

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

Highlighted filing

2017

Revenue$496,605

Expenses$581,507

Net Income-$84,902

Open 2017 Filing

Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017

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.

Filings

Displayed year

2017 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $23,491
Liabilities: $0
Net assets: $23,491
Revenue: $496,605
Expenses: $581,507
Net income: -$84,902

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.88	$0.01	$1.87	$0.68	$0.97	$0.29
2023Summary only. Only limited summary data is available for this year.	$2.17	$0.01	$2.16	$2.42	$1.07	$1.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.12	$0.33	$0.79	$1.17	$1.19	$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.04	$0.22	$0.82	$1.03	$1.50	$0.46
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.28	$0.00	$1.28	$0.17	$0.86	$0.68
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.98	$0.01	$1.97	$3.57	$1.97	$1.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.36	$0.00	$0.36	$2.95	$2.82	$0.13
2017Summary only. Only limited summary data is available for this year.	$0.23	$0.00	$0.23	$4.97	$5.82	$0.85
2016Summary only. Only limited summary data is available for this year.	$1.19	$0.11	$1.08	$3.90	$2.60	$1.30
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.38	$0.60	$0.22	$1.53	$1.80	$0.27
2014Detailed filing. Detailed filing data is available for this year.	$0.50	$0.45	$0.05	$0.63	$0.58	$0.05