Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1937.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
78 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
38 people listed on the 990; $2.3M paid to officers and key staff.
Henry Fairfax’s $468K as Head of School is at the 86th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Richard G Hardy Emeritus Head of | — | — | — | — | $901,391 | — |
| Henry Fairfax | $468,361 | $450,063 | $250,455 | — | — | — |
| Richard G Hardy | — | — | $360,467 | $413,457 | — | $381,678 |
| Sarah Yeh Associate Head for | $260,652 | $248,570 | $341,495 | — | — | — |
| Sarah Yeh | — | — | — | $328,565 | — | — |
| Amy Miller-Fredericks | $302,540 | $286,312 | $278,165 | $286,131 | $273,213 | $243,925 |
| Melody Komyerov | — | — | $274,440 | — | — | — |
| Alice R Roebuck Ass Head for | — | $262,467 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates high school students from diverse backgrounds in a college-preparatory boarding and day school.
Questions for Concord Academy
Your first name shows with your question. Concord Academy answers here, for everyone.
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Secondary Education
401 students in grades 9 through 12; educational programs, GENERAL/OTHER: summer camp 8-WEEK program for children in grades pre-k through 9.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $13.9M | $15.4M |
| InvestmentsLn 11–13 | $84.0M | $99.2M |
| Land, buildings, equipmentLn 10c | $43.8M | $42.7M |
| Total assetsLn 16 | $148.6M | $169.7M |
| LiabilitiesLn 26 | $24.5M | $23.4M |
| Net assetsLn 32 | $124.1M | $146.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $10K | $10K | ||
| Grants to domestic individualsLn 2 | $5.4M | $5.4M | ||
| Pay of current officers, directors and key staffLn 5 | $1.6M | $90K | $1.2M | $295K |
| Other salaries and wagesLn 7 | $10.6M | $8.1M | $1.4M | $1.0M |
| Pension plan contributionsLn 8 | $812K | $611K | $124K | $77K |
| Other employee benefitsLn 9 | $1.7M | $1.2M | $333K | $176K |
| Payroll taxesLn 10 | $848K | $585K | $171K | $92K |
| Legal feesLn 11b | $65K | $65K | ||
| Accounting feesLn 11c | $103K | $103K | ||
| Professional fundraising feesLn 11e | $91K | $91K | ||
| Investment management feesLn 11f | $339K | $339K | ||
| Other fees for servicesLn 11g | $1.2M | $859K | $292K | $78K |
| Advertising and promotionLn 12 | $88K | $200 | $47K | $40K |
| Office expensesLn 13 | $118K | $97K | $14K | $7K |
| Information technologyLn 14 | $224K | $95K | $122K | $8K |
| OccupancyLn 16 | $785K | $742K | $26K | $17K |
| TravelLn 17 | $52K | $47K | $4K | $2K |
| Conferences, conventions and meetingsLn 19 | $54K | $37K | $16K | $2K |
| InterestLn 20 | $359K | $339K | $12K | $8K |
| Depreciation, depletion and amortizationLn 22 | $2.4M | $2.2M | $80K | $52K |
| InsuranceLn 23 | $190K | $190K | ||
| Other expenses (24a–d)Ln 24 | $5.5M | $5.2M | $249K | $77K |
| All other expensesLn 24e | $762K | $274K | $340K | $149K |
| Total functional expensesLn 25 | $33.3M | $25.9M | $5.2M | $2.2M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $47.6M | $38.8M | $8.8M | $186.4M | 990 PDF |
| FY2024 | $53.7M | $37.0M | $16.7M | $175.1M | 990 PDF |
| FY2023 | $37.6M | $35.6M | $2.0M | $152.7M | 990 PDF |
| FY2022 | $40.6M | $33.5M | $7.1M | $142.6M | 990 PDF |
| FY2021 Viewing | $52.7M | $33.3M | $19.4M | $146.3M | 990 PDF |
| FY2020 | $31.3M | $29.9M | $1.3M | $124.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $52,686,397 revenue, 12 lines filed
Part VI · Governance 29 of 30 board members independent, no flags
Part VIII · Statement of revenue $52,686,397 across 8 lines filed
Part IX · Statement of functional expenses $33,258,200 across 23 lines filed
Part X · Balance sheet $169,702,633 assets, 19 lines filed
Part XI · Reconciliation of net assets $146,327,411 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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