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CONVERGENT RESEARCH INC

CONVERGENT RESEARCH INC

CAMBRIDGE, MA, US
•
501(c)(3)
•
EIN
88-3013217
•
WWW.CONVERGENTRESEARCH.ORG
•
Research Institutes & Public Policy Analysis
Regional Funder
funder logo

CONVERGENT RESEARCH INC

CAMBRIDGE, MA, US
•
501(c)(3)
•
EIN
88-3013217
•
WWW.CONVERGENTRESEARCH.ORG
•
Research Institutes & Public Policy Analysis
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$108,005,415

Cash & Equivalents
66%
Receivables (Non-Related)
20%
Other Assets
8%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$11,911,955

Other Liabilities
62%
Payables & Accruals
26%
Deferred Revenue
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,077,903
$70,754,091
+1293%
Receivables (Non-Related)
-
$21,750,745
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$304,912
$802,376
+163%
Investments
$1,745,045
-
-
Property, Plant, & Equipment (net)
$1,919,933
$6,579,091
+243%
Other Assets
-
$8,119,112
-
Total Assets
$9,047,793
$108,005,415
+1094%
Liabilities
2023
2024
Change
Payables & Accruals
$1,286,452
$3,086,573
+140%
Grants Payable
-
-
-
Deferred Revenue
$3,000,000
$1,403,787
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$7,421,595
-
Total Liabilities
$4,286,452
$11,911,955
+178%
Net assets
2023
2024
Change
Restricted Net Assets
-
$92,371,128
-
Unrestricted Net Assets
$4,761,341
$3,722,332
-22%
Net assets
2023
2024
Change
Net assets
+$4,761,341
+$96,093,460
+1918%
Balance Sheet
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