Civic Intelligence

Convergence East Inc

990EZ • Fiscal year 2021 • EIN 83-0591357

Jan 01, 2021 to Dec 31, 2021 • Filed on May 12, 2022

45A Burch AveAmityville, NY 11701

(917) 699-1989

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.72x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.66x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-12%

Higher net margin than 17% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

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.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Asset Growth

23rd percentile

-12%

Faster asset growth than 23% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

18%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$107,643

Down $14,502 (-12%) from 2020

Net Assets

Down

$30,046

Down $14,389 (-32%) from 2020

Liabilities

Down

$77,597

Down $113 (-0.1%) from 2020

Revenue

Up

$116,921

Up $17,536 (+18%) from 2020

Expenses

Up

$131,310

Up $24,383 (+23%) from 2020

Net Income

Down

-$14,389

Down $6,847 (-91%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $38,301Liabilities 2018: $1,5502018Assets 2019: $77,692Liabilities 2019: $25,715Net Assets 2019: $51,9772019Assets 2020: $122,145Liabilities 2020: $77,710Net Assets 2020: $44,4352020Assets 2021: $107,643Liabilities 2021: $77,597Net Assets 2021: $30,0462021Assets 2022: $116,600Liabilities 2022: $108,099Net Assets 2022: $8,5012022Assets 2023: $109,505Liabilities 2023: $107,568Net Assets 2023: $1,9372023Assets 2024: $111,821Liabilities 2024: $106,410Net Assets 2024: $5,4112024

Highlighted filing

2021

Assets$107,643
Liabilities$77,597
Net Assets$30,046

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $54,887Expenses 2018: $18,136Net Income 2018: $36,7512018Revenue 2019: $72,084Expenses 2019: $56,858Net Income 2019: $15,2262019Revenue 2020: $99,385Expenses 2020: $106,927Net Income 2020: -$7,5422020Revenue 2021: $116,921Expenses 2021: $131,310Net Income 2021: -$14,3892021Revenue 2022: $173,330Expenses 2022: $194,875Net Income 2022: -$21,5452022Revenue 2023: $178,383Expenses 2023: $184,947Net Income 2023: -$6,5642023Revenue 2024: $142,348Expenses 2024: $138,874Net Income 2024: $3,4742024

Highlighted filing

2021

Revenue$116,921
Expenses$131,310
Net Income-$14,389
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 12, 2022
Return Version
2021v4.2
Gross Receipts
$116,921
Mission and Program Overview

Mission

See the attached statement- Sch O

Program Services

DescriptionGrantsExpenses
The Corporation had its annual conference, various workshops and seminars during the year-$131,310
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip UrenaPresidentFT$0--
Vaughn H WeimerV.P. CFOFT$0--
Filing and Contact Details

Filer

Filer Name
Convergence East Inc
EIN
83-0591357
Phone
9176991989
Address
45A Burch Ave, Amityville, NY 11701

Signing Officer

Name
Vaughn Weimer
Title
CFO
Phone
9176991989
Signed
2022-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Joseph Tafuro CPA Pc
Address
65 NELSON STREET, FARMINGDALE, NY 11735
Preparer
Joseph P Tafuro
Phone
5165743140
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 871

Form 990-EZ, Part I, Line 16, Other Expenses

Meals and entertainment 1,989

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 2,071

Form 990-EZ, Part I, Line 16, Other Expenses

Advertising Marketing 3,637

Form 990-EZ, Part I, Line 16, Other Expenses

Bank Charges Fees 146

Form 990-EZ, Part I, Line 16, Other Expenses

Outside Services 13,229

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 2,547

Form 990-EZ, Part I, Line 16, Other Expenses

Office Supplies 4,514

Form 990-EZ, Part I, Line 16, Other Expenses

Repairs Maintenace 462

Form 990-EZ, Part I, Line 16, Other Expenses

Meeting Expense 466

Form 990-EZ, Part I, Line 16, Other Expenses

Utiliites 8,511

Form 990-EZ, Part I, Line 16, Other Expenses

Licenses 1,412

Form 990-EZ, Part II, Line 24, Other Assets

Leasehold Improvements Beginning of year 112,436, End of year 101,333

Form 990-EZ, Part II, Line 26, Liabilities

Accounts Payable Beginning of year 50,293, End of year 50,293

Form 990-EZ, Part II, Line 26, Liabilities

Payroll Liabilities Beginning of year 417, End of year 304

Form 990-EZ, Part II, Line 26, Liabilities

SBA Loan Beginning of year 27,000, End of year 27,000

Raw XML Appendix176 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/BooksInCareOfDetail/PhoneNum09176991989
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015 Berrywood Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Huntington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011743
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt030046
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt044435
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030046
IRS990EZ/OccupancyRentUtltsAndMaintAmt063400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1040.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.P. CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0112436
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0101333
IRS990EZ/OtherExpensesTotalAmt039855
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See the attached statement- Sch O
IRS990EZ/PrintingPublicationsPostageAmt026
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Corporation had its annual conference, various workshops and seminars during the year
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0131310
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017054
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt077710
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt077597
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
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IRS990EZ/TotalProgramServiceExpensesAmt0131310
IRS990EZ/TotalRevenueAmt0116921
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0116919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099385
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt072084
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054887
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0343275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/TotalAmt0343275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0116921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt099385
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt054887
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0343277
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 871
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 1,989
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 2,071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising Marketing 3,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges Fees 146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Outside Services 13,229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 2,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Supplies 4,514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Repairs Maintenace 462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Meeting Expense 466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Utiliites 8,511
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Licenses 1,412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Leasehold Improvements Beginning of year 112,436, End of year 101,333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Accounts Payable Beginning of year 50,293, End of year 50,293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Payroll Liabilities Beginning of year 417, End of year 304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SBA Loan Beginning of year 27,000, End of year 27,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Vaughn Weimer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09176991989
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Convergence East Inc
ReturnHeader/Filer/BusinessNameControlTxt0CONV
ReturnHeader/Filer/EIN0830591357
ReturnHeader/Filer/PhoneNum09176991989
ReturnHeader/Filer/USAddress/AddressLine1Txt045A Burch Ave
ReturnHeader/Filer/USAddress/CityNm0Amityville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811710589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOSEPH TAFURO CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt065 NELSON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011735
ReturnHeader/PreparerPersonGrp/PhoneNum05165743140
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH P TAFURO
ReturnHeader/ReturnTs02022-05-12T12:13:10-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Vaughn
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Weimer
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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