Convergent Research Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 11,258,027 | 6,496,686 | 4,761,341 | 8.8 | 34% |
| 2023 | 100,177,078 | 30,152,575 | 70,024,503 | 29.7 | 36% |
In its most recent public year (2023), this organization brought in $70,024,503 more than it spent. Its reserves stood at about 29.7 months of spending, up from 8.8 in 2022. Staff pay was 36% of spending. $66,329,783 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
Convergent Research Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works