Convergence-continuum is a 501(c)(3) organization based in Cleveland, Ohio, registered in 2004, with $164,133 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$164K
▲ 7.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$156K
Net assets
$174K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Convergence-continuum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Convergence-continuum: 13 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Convergence-continuum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Convergence-continuum: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $54K (FY2020) to $164K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$174K
Total liabilities
$0
Net assets
$174K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $164,133▲7.4% | $156,099▲30.2% | $174,393▲4.8% | $174,393▲4.8% | 990EZ |
| 2023 | $152,808▲15.9% | $119,933▼13.7% | $166,359▲24.6% | $166,359▲24.6% | 990EZ |
| 2022 | $131,825▲162% | $139,004▲68.8% | $133,484▼5.1% | $133,484▼5.1% | 990EZ |
| 2021 | $50,352▼7.4% | $82,342▲29.7% | $140,663▼18.5% | $140,663▼18.5% | 990EZ |
| 2020 | $54,386 | $63,501 | $172,653 | $172,653 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Convergence-continuum (EIN 34-1940658) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.