Convergence Center For Policy Resolution
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 533,030 | 499,923 | 33,107 | 0.8 | 61% |
| 2011 | 764,979 | 619,616 | 145,363 | 3.5 | 62% |
| 2012 | 1,202,870 | 939,818 | 263,052 | 5.7 | 66% |
| 2013 | 1,352,282 | 1,544,992 | −192,710 | 1.9 | 57% |
| 2014 | 2,767,913 | 1,632,834 | 1,135,079 | 10.2 | 53% |
| 2015 | 2,987,822 | 2,355,326 | 632,496 | 10.3 | 49% |
| 2016 | 3,725,614 | 3,433,380 | 292,234 | 8.1 | 52% |
| 2017 | 5,382,638 | 4,475,397 | 907,241 | 8.5 | 54% |
| 2018 | 5,891,615 | 4,917,474 | 974,141 | 10.1 | 50% |
| 2019 | 3,268,091 | 5,574,784 | −2,306,693 | 3.9 | 35% |
| 2020 | 1,480,923 | 2,352,260 | −871,337 | 6.2 | 63% |
| 2021 | 6,601,172 | 2,885,194 | 3,715,978 | 20.9 | 66% |
| 2022 | 2,267,156 | 4,226,177 | −1,959,021 | 8.6 | 63% |
| 2023 | 1,364,605 | 4,014,388 | −2,649,783 | 1.3 | 65% |
In its most recent public year (2023), this organization spent $2,649,783 more than it brought in. Its reserves stood at about 1.3 months of spending. Staff pay was 65% of spending. $349,219 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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