U — Science & TechnologyEIN: 883013217· Ruling Year: 2022

Convergent Research Inc

Cambridge, Massachusetts

B+Health Score
70B+

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 5 peers in Science & Technology with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.47×
Peer Median9.71×
💰
$100.2M
Total Revenue
📊
$30.2M
Total Expenses
🏦
$74.6M
Net Assets
📋
$10.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+789.8%
Year-over-year change (2022 → 2023)
Net Margin
+69.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.47
Net assets divided by total expenses
Liabilities-to-Assets
12.8%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$100,177,078↑790%$30,152,575↑364%$85,511,113↑845%
2022$11,258,027$6,496,686$9,047,793

Frequently Asked Questions

What does Convergent Research Inc do?▼

Convergent Research Inc is a science & technology nonprofit organization based in Massachusetts. It is classified under NTEE code U05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Convergent Research Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Convergent Research Inc has a score of 70/100 (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 Convergent Research Inc generate?▼

Convergent Research Inc reports $72.4M in annual revenue and holds $108.0M in total assets, based on IRS filings.

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