Converge INC
Ridgeland, Mississippi
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,139,628↑44% | $5,397,291↑72% | $2,395,949↑31% | |
| 2022 | $3,563,381↑400% | $3,143,204↑686% | $1,826,420↑115% | — |
| 2021 | $713,028↓3% | $399,828↑85% | $851,395↑63% | — |
| 2020 | $733,356 | $215,972 | $523,837 | — |
Frequently Asked Questions
What does Converge INC do?▼
Converge INC is a health care nonprofit organization based in Mississippi. It is classified under NTEE code E60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Converge INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Converge INC has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Converge INC generate?▼
Converge INC reports $9.8M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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