Convergent Research Inc

EIN 88-3013217 • 501(c)3 • Cambridge, MA

Profile

The organization is a delaware non-profit, non-stock corporation formed exclusively for charitable, educational and scientific purposes. In furtherance of such purposes, the organization will foster, support, promote, and conduct programs, projects, and activities designed to develop and accelerate scientific and technological research and innovation in the public interest, including, without limitation, through incubating research projects and facilitating collaborations to build essential research tools and resources that can be deployed broadly for the public benefit.

160 Alewife Brook Pkwy 1212Cambridge, MA 02138

www.convergentresearch.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.11x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

0.16x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

34%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

$524,580

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

246%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2024

154%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2024

Balance Sheet

Liabilities / Assets30th percentile

Assets

$108,005,415

Up $22,494,302 (+26%) from 2023

Liabilities

$11,911,955

Up $1,007,862 (+9.2%) from 2023

Net Assets

$96,093,460

Up $21,486,440 (+29%) from 2023

Operations

Liabilities / Revenue24th percentile Net Margin86th percentile

Revenue

Down

$72,426,908

Down $27,750,170 (-28%) from 2023

Expenses

$47,527,392

Up $17,374,817 (+58%) from 2023

Net Income

Down

$24,899,516

Down $45,124,987 (-64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$108,005,415

Liabilities$11,911,955

Net Assets$96,093,460

Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$72,426,908

Expenses$47,527,392

Net Income$24,899,516

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $108,005,415
Liabilities: $11,911,955
Net assets: $96,093,460
Revenue: $72,426,908
Expenses: $47,527,392
Net income: $24,899,516

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$108	$11.9	$96.1	$72.4	$47.5	$24.9
2023Detailed filing. Detailed filing data is available for this year.	$85.5	$10.9	$74.6	$100	$30.2	$70.0
2022Detailed filing. Detailed filing data is available for this year.	$9.05	$4.29	$4.76	$11.3	$6.50	$4.76

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2024 to Dec 31, 2024
Signed: Jun 24, 2025
Return Version: 2024v5.2
Gross Receipts: $72,426,908

Mission and Program Overview

Mission

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Savings and Temporary Cash Investments	$0	$60,436,963	▲ $60,436,963
Pledges and Grants Receivable	$39,355,738	$21,325,668	▼ $18,030,070
Cash and Non-Interest-Bearing Accounts	$29,547,078	$10,317,128	▼ $19,229,950
Land, Buildings, and Equipment, Net	$4,457,560	$6,579,091	▲ $2,121,531
Prepaid Expenses and Deferred Charges	$329,675	$802,376	▲ $472,701
Accounts Receivable	$0	$425,077	▲ $425,077
Total Assets	$85,511,113	$108,005,415	▲ $22,494,302
Other Assets Total	$11,821,062	$8,119,112	▼ $3,701,950
Liabilities
Other Liabilities	$9,647,657	$7,421,595	▼ $2,226,062
Accounts Payable and Accrued Expenses	$1,256,436	$3,086,573	▲ $1,830,137
Deferred Revenue	$0	$1,403,787	▲ $1,403,787
Total Liabilities	$10,904,093	$11,911,955	▲ $1,007,862
Net Assets / Fund Balance
Net Assets With Donor Restrictions	$66,329,783	$92,371,128	▲ $26,041,345
Net Assets Without Donor Restrictions	$8,277,237	$3,722,332	▼ $4,554,905
Total Net Assets Fund Balance	$74,607,020	$96,093,460	▲ $21,486,440
Total Liabilities and Net Assets / Fund Balance	$85,511,113	$108,005,415	▲ $22,494,302

Asset Categories

Asset	Book Value	Depreciation	Basis
Equipment	$6,579,091	$1,243,338	$7,822,429
Other Assets Org	$801,709	-	-

Compensation and Service Providers

Top Officer Pay52nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
William Biederman	CTO - Forest Neurotech	FT	$472,269	$52,311	$524,580
Adam Marblestone	Chief Executive Officer	FT	$391,025	$95,316	$486,341
David Lansky	General Counsel	FT	$370,650	$71,878	$442,528
Anastasia Gamick	Chief Operating Officer	FT	$327,995	$61,170	$389,165
William Busa	CEO - Eve Bio	FT	$334,475	$48,590	$383,065
Henry Lee	CEO - Cultivarium	FT	$342,180	$19,247	$361,427
Tyson Aflalo	CSO - Forest Neurotech	FT	$330,062	$14,041	$344,103

Board Members and Trustees

Name	Title
Tom Kalil	Chair
Cheryl Martin	Board Member
Megan Blewett	Board Member
Morgan Levine	Board Member
Richard Murray	Board Member

Highest Paid Contractors

Contractor	Services	Location	Compensation
Neha Tembey Design	Design Services	5736 17TH AVE NE, Seattle, WA 98105	$244,800

Revenue and Support

Revenue Composition

Contributions and Grants: $70,596,116
Program Service Revenue: $819,397
Investment Income: $866,551
Other Revenue: $144,844
All Other Contributions: $69,865,311
Change in Net Assets: $24,899,516

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Salaries, Compensation, and Employee Benefits	$28,304,635
Other Expenses	$18,996,802
Total Fundraising Expense	$851,154
Grants and Similar Amounts Paid	$225,955
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	$21,147,318	$1,471,945	$415,876	$23,035,139
Fees for Services Other	$5,733,296	$147,659	$57,297	$5,938,252
Office Expenses	$4,896,010	$99,661	$8,754	$5,004,425
Occupancy	$3,950,065	$4,330	$3,044	$3,957,439
Other Employee Benefits	$1,635,925	$128,004	$46,211	$1,810,140
Payroll Taxes	$1,540,539	$120,541	$43,516	$1,704,596
Depreciation Depletion	$1,339,326	-	-	$1,339,326
Pension Plan Contributions	$794,632	$62,177	$22,446	$879,255
Current Officers, Directors, Trustees, and Key Employees	$462,070	$218,899	$194,536	$875,505
Information Technology	$609,772	$113,364	$10,324	$733,460
Travel	$495,074	$52,671	$41,668	$589,413
Fees for Services Legal	$351,004	$123,315	-	$474,319
Fees for Services Accounting	-	$409,558	-	$409,558
Conferences and Meetings	$243,678	$119,553	$4,946	$368,177
Grants to Domestic Orgs	$225,955	-	-	$225,955
Insurance	$91,010	$5,688	$2,139	$98,837
Other Expenses	$43,096	$3,379	$397	$46,872
Interest	$36,724	-	-	$36,724
Total Functional Expenses	$43,595,494	$3,080,744	$851,154	$47,527,392

International Activity

Grant and Assistance Recipients

Recipient	Location	Category	Purpose	Amount
Carnegie Mellon University	Pittsburgh, PA	501(c)(3)	General Support	$169,077
Cornell University	Ithaca, NY	501(c)(3)	General Support	$30,000
California Institute of Technology	Pasadena, CA	501(c)(3)	General Support	$20,000

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Convergent Research LLC	Palo Alto, CA	Educational Scientific Research	$32,871,814	$69,790,065	Convergent Research Inc
Parallel Squared Techonology Institute LLC	Watertown, MA	Educational Scientific Research	$926,494	$13,840,528	Convergent Research Inc
Dragonfly Fro LLC	North Haven, CT	Educational Scientific Research	$13,139,790	$2,742,351	Convergent Research Inc
Cultivarium LLC	Watertown, MA	Educational Scientific Research	$8,048,447	$2,117,203	Convergent Research Inc
Forest Neurotech LLC	Cambridge, MA	Educational Scientific Research	$7,616,442	$1,787,340	Convergent Research Inc
Lean Fro LLC	Cambridge, MA	Educational Scientific Research	$1,519,559	$7,105,949	Convergent Research Inc
Eve Bio LLC	Durham, NC	Educational Scientific Research	$476,979	$4,405,113	Convergent Research Inc
Imprint Labs LLC	Cambridge, MA	Educational Scientific Research	$3,846,018	$1,849,904	Convergent Research Inc
C Worthy LLC	Boudler, CO	Educational Scientific Research	$3,474,570	$891,247	Convergent Research Inc
E11 Bio LLC	Alameda, CA	Educational Scientific Research	$30,674	$2,103,087	Convergent Research Inc
Chi Fro LLC	Cambridge, MA	Educational Scientific Research	$8,532	$1,538,122	Convergent Research Inc
Cowbell Labs LLC	Cambridge, MA	Educational Scientific Research	$463,983	$75,861	Convergent Research Inc

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Operating Lease Liabilities	$6,746,137
Finance Lease Liabilities	$675,458

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: 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: Yes
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The prepared form 990 is reviewed by the members of the governing body before the return is filed with the irs.”

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

“All board of directors disclose potential conflicts of interest annually. In the event a conflict exists, the board member recuses themselves from voting on any matters where the conflict exists.”

Form 990, Part VI, Section B, Line 15

“The organization's board of directors sets the compensation of the ceo and key employees annually. In 2022, a compensation study was conducted with an independent third party to set compensation levels for all key staff.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name: Convergent Research Inc
EIN: 88-3013217
Phone: 3393315505
Address: 160 ALEWIFE BROOK PKWY 1212, CAMBRIDGE, MA 02138

Signing Officer

Name: Anastasia Gamick
Title: COO
Phone: 3393315505
Signed: 2025-06-24
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Anastasia Gamick
Formed: 2022
Legal Domicile: De
Voting Board Members: 5
Independent Board Members: 5
Employees: 164
Volunteers: 19

Preparer

Firm: Wegner Cpas Llp
Address: 419 N LEE ST, ALEXANDRIA, VA 22314-2301
Preparer: Adam Kuczynski CPA
Phone: 7035190990

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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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	11	0
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IRS990/Form990PartVIISectionAGrp/TitleTxt	2	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	4	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	CTO - FOREST NEUROTECH
IRS990/Form990PartVIISectionAGrp/TitleTxt	8	CEO - CULTIVARIUM
IRS990/Form990PartVIISectionAGrp/TitleTxt	9	CEO - EVE BIO
IRS990/Form990PartVIISectionAGrp/TitleTxt	10	CSO - FOREST NEUROTECH
IRS990/Form990PartVIISectionAGrp/TitleTxt	11	GENERAL COUNSEL
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IRS990/FormationYr	0	2022
IRS990/FormerOfcrEmployeesListedInd	0	0
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd	0	X
IRS990/FSAuditedInd	0	1
IRS990/FundraisingActivitiesInd	0	0
IRS990/GamingActivitiesInd	0	0
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IRS990/GovernmentGrantsAmt	0	730805
IRS990/GrantAmt	0	225955
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt	0	225955
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IRS990/IncludeFIN48FootnoteInd	0	0
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IRS990/InfoInScheduleOPartVIInd	0	X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt	0	113364
IRS990/InformationTechnologyGrp/ProgramServicesAmt	0	609772
IRS990/InformationTechnologyGrp/TotalAmt	0	733460
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IRS990/InsuranceGrp/TotalAmt	0	98837
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IRS990/MissionDesc	0	THE ORGANIZATION IS A DELAWARE NON-PROFIT, NON-STOCK CORPORATION FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. IN FURTHERANCE OF SUCH PURPOSES, THE ORGANIZATION WILL FOSTER, SUPPORT, PROMOTE, AND CONDUCT PROGRAMS, PROJECTS, AND ACTIVITIES DESIGNED TO DEVELOP AND ACCELERATE SCIENTIFIC AND TECHNOLOGICAL RESEARCH AND INNOVATION IN THE PUBLIC INTEREST, INCLUDING, WITHOUT LIMITATION, THROUGH INCUBATING RESEARCH PROJECTS AND FACILITATING COLLABORATIONS TO BUILD ESSENTIAL RESEARCH TOOLS AND RESOURCES THAT CAN BE DEPLOYED BROADLY FOR THE PUBLIC BENEFIT.
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IRS990/Organization501c3Ind	0	X
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IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	100177078
IRS990/QuidProQuoContributionsInd	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	24899516
IRS990/RegularMonitoringEnfrcInd	0	1
IRS990/RelatedEntityInd	0	0
IRS990/RelatedOrganizationCtrlEntInd	0	0
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IRS990/ReportLandBuildingEquipmentInd	0	1
IRS990/ReportOtherAssetsInd	0	1
IRS990/ReportOtherLiabilitiesInd	0	1
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	819397
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	60436963
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	OTHER INCOME - 2022 AMOUNT: $ 550.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	9746204
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	251340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	6
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1117897
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	550
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	550
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IRS990ScheduleA/SubstantialContributorsTotAmt	0	76346193
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	9746204
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
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IRS990/ScheduleBRequiredInd	0	1
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	7822429
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	6502117
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	801709
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	DEPOSITS
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	FINANCE LEASE RIGHT-OF-USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	6746137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	675458
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	OPERATING LEASE LIABILITIES
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	8119112
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IRS990ScheduleI/GrantRecordsMaintainedInd	0	1
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IRS990ScheduleI/RecipientTable/CashGrantAmt	1	169077
IRS990ScheduleI/RecipientTable/CashGrantAmt	2	30000
IRS990ScheduleI/RecipientTable/IRCSectionDesc	0	501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc	1	501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc	2	501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	0	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	1	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	2	0
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	2	GENERAL SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientEIN	2	150532082
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	0	1200 E CALIFORNIA BLVD MC234-6
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	1	5000 FORBES AVE WARNER HALL 6
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	2	341 PINE TREE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm	0	PASADENA
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	2	NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	0	91125

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