Concord Consortium INC FY2020 filing

Tax-deductible

Concord, MA501(c)(3)Since 1994EducationEIN 04-3254131

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To ignite large-scale improvements in teaching and learning through technology.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$2.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $193K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.2M
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $69K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
106% of total assets
Concern: liabilities are 106% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.6M
Spent
$9.7M
To programs
81%
Net assets
−$100K
By yearFY2020–FY2025
Revenue
$8.6M
FY2020
Revenue by fiscal year
FY2020$8.6M
FY2021$8.0M
FY2022$11.5M
FY2023$9.5M
FY2024$9.4M
FY2025$8.3M
Expenses
$9.7M
FY2020
Expenses by fiscal year
FY2020$9.7M
FY2021$7.9M
FY2022$8.3M
FY2023$10.2M
FY2024$10.3M
FY2025$7.9M
Net assets
−$100K
FY2020
Net assets by fiscal year
FY2020−$100K
FY2021$7K
FY2022$3.2M
FY2023$2.5M
FY2024$1.7M
FY2025$2.1M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $7.8M Management & general 19% · $1.9M

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

40 people listed on the 990; $2.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/CEO
$213,639Pt VII · Sec A
President/CEO
$200,890Pt VII · Sec A
CFO (until 3/31/2020)
$190,239Pt VII · Sec A
CFO (until 3/31/2020)
$180,624Pt VII · Sec A
Executive Vice President
$173,113Pt VII · Sec A
Senior Software & IT Manager
$151,909Pt VII · Sec A
Senior Software & IT Manager
$148,993Pt VII · Sec A
Pi & Senior Researcher
$140,346Pt VII · Sec A

Chad Dorsey’s $260K as President/CEO is at the 92nd percentile of top reported officer pay among 3394 $1–10M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chad Dorsey$259,714$250,237$232,295$216,089$213,639$213,639
Lawrence Behan$221,997$211,014$193,047$180,061$135,796—
Yu-Ling Wu————$68,980$180,624
Leslie Bondaryk$174,414$166,524$166,423$154,076$148,993$148,993
Sherry Hsi—————$173,113
Kirk Swenson$154,658$149,199$144,380$134,746$134,252$134,252
Carolyn Staudt—$153,692$145,204$135,459$136,702$136,702
Daniel Damelin$150,507—————

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.

See Concord Consortium INC executive salaries →

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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

Improves teaching and learning by integrating technology on a large scale.

Provided by the organization

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4 program services account for $2.5M of program spending, described in the organization's own filed words · FY2019.
01

Inquiryspace 2 2020 the major goal of the inquiryspace 2 project (HTTPS://CONCORD.ORG/INQUIRYSPACE) at the concord consortium (CC) is to make it possible for any school to offer students the chance to experience the exciting practice of science as an integral part of science learning.

$636Kprogram expense
02

Inquiryspace 2 2020 the major goal of the inquiryspace 2 project (HTTPS://CONCORD.ORG/INQUIRYSPACE) at the concord consortium (CC) is to make it possible for any school to offer students the chance to experience the exciting practice of science as an integral part of science learning.

$636Kprogram expense
03

Smartcad

Guiding engineering design with science simulations 2020 this project (HTTPS://CONCORD.ORG/SMARTCAD) conducts design-based research on smartcad, a genre of computer-aided design (cad) software systems that supports secondary engineering education with embedded computational engines capable of simulating the built environment and…

$623Kprogram expense
04

Smartcad

Guiding engineering design with science simulations 2020 this project (HTTPS://CONCORD.ORG/SMARTCAD) conducts design-based research on smartcad, a genre of computer-aided design (cad) software systems that supports secondary engineering education with embedded computational engines capable of simulating the built environment and…

$623Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Tumblehome INCFY2024$19K
Total grants receivedfrom 2 funders$69K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$8.6M
Ln 12
Gifts and grantsLn 1h$8.5M
Fees for servicesLn 2g$123K
Investment incomeLn 3$3K
Money outPt IX
$9.7M
Ln 25
Programscol B$7.8M
Managementcol C$1.9M
Owns and owesPt X
−$100K
net assets · Ln 32
Cash and savingsLn 1–2$671K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
40
listed · VII A
PaidVII A14
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.5M
Government grantsLn 1e$8.5M
Fees for servicesLn 2g$123K
Investment incomeLn 3$3K
Total revenueLn 12$8.6M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$671K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.7M
Net assetsLn 32−$100K
OperationsPt I, VI
EmployeesI 554
VolunteersI 611
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.3M$7.9M$458K$2.1M 990 PDF
FY2024 $9.4M$10.3M−$854K$1.7M 990 PDF
FY2023 $9.5M$10.2M−$676K$2.5M 990 PDF
FY2022 $11.5M$8.3M$3.2M$3.2M 990 PDF
FY2021 $8.0M$7.9M$106K$7K 990 PDF
FY2020 Viewing $8.6M$9.7M−$1.1M−$100K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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