Convergence Network Inc
- Assets
- $103.8k
- Revenue
- $103.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-3420657
Organization Overview
Convergence Network Inc is located in Atlanta, GA. The organization was established in 2014. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Convergence Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Convergence Network Inc generated $103.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $149.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CONVERGENCE MOVEMENT IS BRINGING TOGETHER FORWARD-THINKING CATHOLICS, EVANGELICALS, AND MAINLINE PROTESTANTS, ALONG WITH ETHNIC AND PEACE CHURCHES AND OTHER WILLING COLLEAGUES, IN A GROWING MOVEMENT-BUILDING COLLABORATIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
10K CHURCHES - JOIN EXISTING CONGREGATIONS WORKING TOGETHER TO BRING ABOUT A MORE INCLUSIVE, GENEROUS EXPRESSION OF CHRISTIANITY.
CONVERGENCE MUSIC PROJECT - CONVERGENCE MUSIC PROJECT IS ABOUT GREAT NEW SONGS OF ALL KINDS AND MUSICAL STYLES FOR WORSHIP THAT REFLECT THE THEOLOGY AND TRANSFORMING BIBLICALLY-BASED AGENDA AT THE HEART OF CONVERGENCE CHRISTIANITY.
THE CENTER FOR CHAPLAINCY STUDIES - PROVIDES TRAINING AND CONSULTING TO DEVELOP COURAGEOUS, COMPASSIONATE, AND CREATIVE LEADERS WHO CAN EFFECTIVELY SERVE IN TRAUMA-IMPACTED COMMUNITIES. OUR PARTNERS INCLUDE ACADEMIC INSTITUTIONS, CONGREGATIONS, AND A BROAD RANGE OF COMMUNITY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Mclaren Director | Trustee | 7.5 | $0 |
Cameron Trimble Executive Director | Trustee | 7.5 | $0 |
John Dorhauer Director | Trustee | 7.5 | $0 |
Jacqueline Lewis Director | Trustee | 7.5 | $0 |
Alice Hunt Director | Trustee | 7.5 | $0 |
Mel Toomey Director | Trustee | 7.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,025 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,935 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,286 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,230 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $113,550 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,728 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15 |
| Office expenses | $1,150 |
| Information technology | $4,280 |
| Royalties | $6,517 |
| Occupancy | $0 |
| Travel | $1,405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $149,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,824 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $103,824 |
| Accounts payable and accrued expenses | $2,019 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $20,000 |
| Other liabilities | $0 |
| Total liabilities | $22,019 |
| Net assets without donor restrictions | $81,805 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $103,824 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Convergence Network Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Osprey Foundation Inc Towson, MD PURPOSE: UNRESTRICTED | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |