Civic Intelligence

Convergence Analysis

990 • Fiscal year 2022 • EIN 83-2842233

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization Profilewww.convergenceanalysis.org
1950 W Corporate WayAnaheim, CA 92801

(415) 968-9081

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-69%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$1,023,401

Up $114,802 (+13%) from 2021

Net Assets

Up

$1,023,401

Up $114,802 (+13%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin88th percentile

Revenue

Down

$251,000

Down $558,396 (-69%) from 2021

Expenses

Up

$136,198

Up $76,442 (+128%) from 2021

Net Income

Down

$114,802

Down $634,838 (-85%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$1.5M$1.0M$500K$0Assets 2019: $500Liabilities 2019: $02019Assets 2020: $158,959Liabilities 2020: $0Net Assets 2020: $158,9592020Assets 2021: $908,599Liabilities 2021: $0Net Assets 2021: $908,5992021Assets 2022: $1,023,401Liabilities 2022: $0Net Assets 2022: $1,023,4012022Assets 2023: $691,704Liabilities 2023: $0Net Assets 2023: $691,7042023Assets 2024: $678,584Liabilities 2024: $0Net Assets 2024: $678,5842024

Highlighted filing

2022

Assets$1,023,401
Liabilities$0
Net Assets$1,023,401
Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.0M$500K$0-$500KRevenue 2019: $500Expenses 2019: $0Net Income 2019: $5002019Revenue 2020: $173,645Expenses 2020: $15,186Net Income 2020: $158,4592020Revenue 2021: $809,396Expenses 2021: $59,756Net Income 2021: $749,6402021Revenue 2022: $251,000Expenses 2022: $136,198Net Income 2022: $114,8022022Revenue 2023: $336,147Expenses 2023: $667,844Net Income 2023: -$331,6972023Revenue 2024: $964,890Expenses 2024: $978,010Net Income 2024: -$13,1202024

Highlighted filing

2022

Revenue$251,000
Expenses$136,198
Net Income$114,802
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$251,000
Mission and Program Overview

Mission

Convergence Analysis's mission is to improve the long-term prospects for human civilization to survive and thrive. Its specific objectives and purposes shall be: (1) To analyze existing academic research and conduct interdisciplinary basic research into the future of human civilization; (2) To apply our findings to the study of risks to civilization, particularly in order to understand how to prevent these risks; (3) To educate the public about our findings through public presentations of our research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$908,599$1,023,401▲ $114,802
Total Assets$908,599$1,023,401▲ $114,802
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$612,434$565,058▼ $47,376
Net Assets With Donor Restrictions$296,165$458,343▲ $162,178
Total Net Assets Fund Balance$908,599$1,023,401▲ $114,802
Total Liabilities and Net Assets / Fund Balance$908,599$1,023,401▲ $114,802
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Justin ShovelainPresident of the Board
Andrew StewartBoard member
Kristian RonnBoard Member
David KristofferssonCEO
Harry DaySecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$251,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$251,000
Change in Net Assets
$114,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$87,693$1,129$0$88,822
Fees for Services Management$0$46,731$0$46,731
Office Expenses$0$645$0$645
Total Functional Expenses$87,693$48,505$0$136,198
International Activity

International Summary

Offices
0
Employees
0
Spending
$58,145

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland and Greenland)Program ServicesResearch activities00$58,145
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“Form 990, Part VI, Section B, Line 11b - The chairman reviewed form 990 and the other board members were provided copies.”

Form 990, Part VI, Section B, Line 12C

“Form 990, Part VI, Section B, Line 12c - When something that could be a conflict of interest arises the board reviews it and we apply our conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Form 990, Part VI, Section B, Line 15 - The board approves the compensations for the CEO, Officers, and other Key employees. The majority of the board is independent.”

Form 990, Part VI, Section C, Line 19

“Form 990, Part VI, Section C, Line 19 - Form 990 is on the government website and 1023 is available upon request. We had no requests for the 1023 in 2022.”

Filing and Contact Details

Filer

Filer Name
Convergence Analysis
EIN
83-2842233
Phone
4159689081
Address
1950 W Corporate Way, Anaheim, CA 92801

Signing Officer

Name
Harry Day
Title
Treasurer
Phone
4159689081
Signed
2023-11-13

Organization Details

Principal Officer
David Kristoffersson
Formed
2018
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Form 990, Part IX, Line 11g - Research contractors, $87,693; Bank fees, $596; Sundry professional services, $533”

Raw XML AppendixShowing 400 of 518 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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Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,023,401
Liabilities
$0
Net assets
$1,023,401
Revenue
$251,000
Expenses
$136,198
Net income
$114,802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.96$0.98$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$0.34$0.67$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.25$0.14$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.81$0.06$0.75
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.17$0.02$0.16
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits