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CONVERGENCE CENTER FOR POLICY RESOLUTION

CONVERGENCE CENTER FOR POLICY RESOLUTION

WASHINGTON, DC, US
501(c)(3)
EIN
32-0280279
Regional Funder
funder logo

CONVERGENCE CENTER FOR POLICY RESOLUTION

WASHINGTON, DC, US
501(c)(3)
EIN
32-0280279
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,051,740

Contributions
76%
Program Services
20%
Other
4%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,780,894

Salaries & Benefits
72%
Fees to Service Providers
19%
Other
4%
Offices, Occupancy & IT
3%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,134,488
$1,563,635
+38%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$206,393
$412,107
+100%
Membership Dues
$0
$0
-
Investments
$24,919
$288
-99%
Other
-$1,195
$75,710
-6436%
Total Revenues
$1,364,605
$2,051,740
+50%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,900,249
$1,288,817
-56%
Fees to Service Providers
$705,436
$342,741
-51%
Advertising & Promotion
$3,520
$828
-76%
Offices, Occupancy & IT
$90,706
$57,469
-37%
Interest
$0
$0
-
Depreciation
$15,040
$12,794
-15%
Other
$299,437
$78,245
-74%
Total Expenses
$4,014,388
$1,780,894
-56%
Net income
2023
2024
Change
Net income
-$2,649,783
+$270,846
-110%
Functional Expenses
Summary
2023
2024
Change
Program
$3,028,962
$1,276,493
-58%
Admin
$546,656
$292,283
-47%
Fundraising
$438,770
$212,118
-52%
Total Expenses
$4,014,388
$1,780,894
-56%
Income Statement
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