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Nonprofit · EIN 93-4508245

CORUNDUM CONVERGENCE INSTITUTE

Tax-exempt · CAMBRIDGE, MA 02142

Financials

$0$36K2023$998K$244K2024
Revenue Expenses · by fiscal year end
Financials of CORUNDUM CONVERGENCE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$998,386$243,779$754,607$739,240$20,345$718,895
December 31, 2023990-EZ$0$35,712-$35,712$525$36,237-$35,712
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$997,000
Program service revenue
$0
Investment income
$0
Other revenue
$1,386

Expenses

Grants and similar amounts paid
$134,482
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,454
Accounting fees
$3,190
Occupancy
$6,300
Program services (functional)
$185,313
Management and general (functional)
$20,912
Fundraising (functional)
$37,554

Balance sheet and other

Total assets, start of year
$525
Total assets, end of year
$739,240
Total liabilities, end of year
$20,345
Net assets, end of year
$718,895
Gross receipts
$998,386
Employees
0
Volunteers
0
Year formed
2023
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHUNSUKE NAGAOPRESIDENT
Trustee or director, Officer
0.5$0
NAOHIRO TAKEMOTOTREASURER
Trustee or director, Officer
0.5$0
JOSH SCHULMANSECRETARY
Trustee or director, Officer
0.5$0
TAKAO HENSCHDIRECTOR
Trustee or director
0.5$0
SHINICHI NISHIKAWADIRECTOR
Trustee or director
0.5$0
HIDEHIKO OTAKEDIRECTOR
Trustee or director
0.5$0
JESSICA SCHNEIDERDIRECTOR
Trustee or director
0.5$0
LIRON NUNEZ WEISSMANDIRECTOR
Trustee or director
0.5$0
KAZUYUKI SASAKITREASURER
Trustee or director, Officer
0.5$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
CALEB BELL IIIPRESIDENT1$0
NAOHIRO TAKEMOTOTREASURER1$0
JOSH SCHULMANSECRETARY1$0
TAKAO HENSCHDIRECTOR1$0
SHINICHI NISHIKAWADIRECTOR1$0
HIDEHIKO OTAKEDIRECTOR1$0
JESSICA SCHNEIDERDIRECTOR1$0
LIRON NUNEZ WEISSMANDIRECTOR1$0

Address and contacts

Address (IRS master file)
1 BROADWAY STE 14, CAMBRIDGE, MA 02142-1187
In care of
% CAMBRIDGE INNOVATION CENTER
Principal officer (990 for 2024)
SHUNSUKE NAGAO, ONE BROADWAY 14TH FLOOR, CAMBRIDGE, MA 02142
Signed the 990
SHUNSUKE NAGAO, PRESIDENT AND EXECUTIVE DIRECTOR
Phone
(203) 974-0356
Return prepared by
WALDRON H RAND & CO PC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • AWARDING RESEARCH GRANTS TO ORGANIZATION AND PROJECTS ADDRESSING VARIOUS AREAS OF SCIENTIFIC EXPLORATION
    Expenses $185,313 · grants $134,482

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
93-4508245
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$739,240
Income (IRS master file)
$998,386

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$998,386$243,779$739,240XML
990-EZDecember 2023$0$35,712$525XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-4508245).

Questions about CORUNDUM CONVERGENCE INSTITUTE

What is the EIN of CORUNDUM CONVERGENCE INSTITUTE?
The employer identification number (EIN) of CORUNDUM CONVERGENCE INSTITUTE is 93-4508245.
Is CORUNDUM CONVERGENCE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to CORUNDUM CONVERGENCE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORUNDUM CONVERGENCE INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CORUNDUM CONVERGENCE INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORUNDUM CONVERGENCE INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CORUNDUM CONVERGENCE INSTITUTE?
The 990 for the year ended December 31, 2024 names SHUNSUKE NAGAO.
Who are the officers and directors of CORUNDUM CONVERGENCE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does CORUNDUM CONVERGENCE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $998,386, expenses of $243,779 and total assets of $739,240 at year end.

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