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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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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$72,426,908

Contributions
96%
Investments
1%
Program Services
1%
Government Grants
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$47,527,392

Salaries & Benefits
60%
Offices, Occupancy & IT
20%
Fees to Service Providers
14%
Depreciation
3%
Other
2%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$11,257,471
$69,865,311
+521%
Government Grants
$0
$730,805
-
Fundraising Events
$0
$0
-
Program Services
$0
$819,397
-
Membership Dues
$0
$0
-
Investments
$6
$866,551
+14442417%
Other
$550
$144,844
+26235%
Total Revenues
$11,258,027
$72,426,908
+543%
Expenses
2023
2024
Change
Grants
$38,019
$225,955
+494%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,598,847
$28,304,635
+989%
Fees to Service Providers
$1,562,328
$6,822,129
+337%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,936,827
$9,695,324
+401%
Interest
$0
$36,724
-
Depreciation
$0
$1,339,326
-
Other
$360,665
$1,103,299
+206%
Total Expenses
$6,496,686
$47,527,392
+632%
Net income
2023
2024
Change
Net income
+$4,761,341
+$24,899,516
+423%
Functional Expenses
Summary
2023
2024
Change
Program
$5,264,387
$43,595,494
+728%
Admin
$931,663
$3,080,744
+231%
Fundraising
$300,636
$851,154
+183%
Total Expenses
$6,496,686
$47,527,392
+632%
Income Statement
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