Concord Consortium INC FY2022 filing

Tax-deductible

Concord, MA501(c)(3)Since 1994EducationEIN 04-3254131Revenue $11.5M in FY2022

On file with the IRSconcord.org25 Love Ln, 01742-2345 · Concord, MATax-exempt since Oct 1995Publicly supported charity — 170(b)(1)(A)(vi)

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

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.1M 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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FY2022 · 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
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
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
$1.3M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
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
$11.5M
+44% vs prior year
Spent
$8.3M
To programs
79%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$11.5M
FY2022▲ +44%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.6M
FY2021$8.0M
FY2022$11.5M
FY2023$9.5M
FY2024$9.4M
FY2025$8.3M
Expenses
$8.3M
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.7M
FY2021$7.9M
FY2022$8.3M
FY2023$10.2M
FY2024$10.3M
FY2025$7.9M
Net assets
$3.2M
FY2022▲ ×473
Tap a bar for its year
Net assets by fiscal year
FY2020−$100K
FY2021$7K
FY2022$3.2M
FY2023$2.5M
FY2024$1.7M
FY2025$2.1M

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

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

79 cents of each dollar spent went to programs.

Program services 79% · $6.6M Management & general 21% · $1.7M

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

21 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$216,089Pt VII · Sec A
$180,061Pt VII · Sec A
Director of Technology
$154,076Pt VII · Sec A
Pi & Senior Researcher
$135,459Pt VII · Sec A
Senior Principal Engineer
$134,746Pt VII · Sec A
Director of Communications
$130,078Pt VII · Sec A
Pi & Senior Researcher
$126,741Pt VII · Sec A
Board Member
$0Pt 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.

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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.

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Provided by the organization

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3 programs · $1.6M · in their own filed words · FY2021
01

Tecrocks Project

2022IN the second year of the geological construction of rock arrangements from tectonics: systems modeling across scales (also known as the tecrocks project HTTPS://CONCORD.ORG/OUR-WORK/RESEARCH-PROJECTS/TECROCKS/), the concord consortium (CC) collaborated with project partners at pennsylvania state university to enact the goals of the…

$561Kprogram expense
02

Inquiryspace 2 2022 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.

$534Kprogram expense
03

Precipitating Change with Alaskan and Hawaiian Schools

Bridging indigenous and western science while mitigating coastal erosion project - 2022 the precipitating change project (HTTPS://CONCORD.ORG/PRECIPITATING-CHANGE-ALASKA-HAWAII/) at the concord consortium (CC) is a multi-year collaboration with the university of montana; university of hawai'I, manoa; the university of alaska at anchorage…

$515Kprogram expense

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$11.5M
Ln 12
Gifts and grantsLn 1h$10.6M
Fees for servicesLn 2g$740K
Other incomeLn 4–11$196K
Money outPt IX
$8.3M
Ln 25
Programscol B$6.6M
Managementcol C$1.7M
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.1M
Total assetsLn 16$4.5M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
21
listed · VII A
PaidVII A7
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.6M
Government grantsLn 1e$8.0M
Fees for servicesLn 2g$740K
Investment incomeLn 3$145
Other incomeLn 4–11$196K
Total revenueLn 12$11.5M
Assets in detailPt X, end of year
CashLn 1$361
SavingsLn 2$3.1M
Cash and savings togetherLn 1–2$3.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$39K
Total assetsLn 16$4.5M
LiabilitiesLn 26$1.3M
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 554
VolunteersI 611
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.1M$3.1M
Land, buildings, equipmentLn 10c$2K$0
Total assetsLn 16$2.0M$4.5M
LiabilitiesLn 26$2.0M$1.3M
Net assetsLn 32$7K$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$505K$123K$382K
Other salaries and wagesLn 7$3.8M$3.1M$711K
Pension plan contributionsLn 8$377K$377K
Other employee benefitsLn 9$534K$229K$305K
Payroll taxesLn 10$311K$311K
Legal feesLn 11b$145$145
Accounting feesLn 11c$39K$39K
Other fees for servicesLn 11g$743K$699K$44K
Office expensesLn 13$76K$47K$28K
Information technologyLn 14$483K$371K$112K
OccupancyLn 16$343K$260K$83K
TravelLn 17$35K$33K$1K
Conferences, conventions and meetingsLn 19$6K$5K$1K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$1.1M$1.1M$5K
Total functional expensesLn 25$8.3M$6.6M$1.7M$0

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 Viewing $11.5M$8.3M$3.2M$3.2M 990 PDF
FY2021 $8.0M$7.9M$106K$7K 990 PDF
FY2020 $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
See the full FY2022 990 (6 parts)
Part I · Summary $11,489,391 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,479,792$10,553,666
I-9 Program service revenuePrior year $480,449$739,727
I-10 Investment incomePrior year $773$145
I-11 Other revenuePrior year $9,406$195,853
I-12 Total revenuePrior year $7,970,420$11,489,391
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,364,488$5,493,847
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,499,454$2,800,414
I-18 Total expensesPrior year $7,863,942$8,294,261
I-19 Revenue less expensesPrior year $106,478$3,195,130
Part VI · Governance 11 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,489,391 across 7 lines filed
VIII-1e Government grants$7,971,846
VIII-1f All other contributions, gifts and grants$2,581,820
VIII-1h Total contributions, gifts and grants$10,553,666
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $739,727$739,727
VIII-3 Investment incomeExcluded from tax $145$145
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $195,853$195,853
VIII-12 Total revenueRelated to mission $935,580 · Unrelated business $0 · Excluded from tax $145$11,489,391
Part IX · Statement of functional expenses $8,294,261 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $123,026 · Management $381,544$504,570
IX-7 Other salaries and wagesPrograms $3,056,595 · Management $710,893$3,767,488
IX-8 Pension plan contributionsPrograms $376,688$376,688
IX-9 Other employee benefitsPrograms $228,998 · Management $304,985$533,983
IX-10 Payroll taxesPrograms $311,118$311,118
IX-11b Legal feesManagement $145$145
IX-11c Accounting feesManagement $39,400$39,400
IX-11g Other fees for servicesPrograms $698,844 · Management $43,827$742,671
IX-13 Office expensesPrograms $47,279 · Management $28,456$75,735
IX-14 Information technologyPrograms $370,518 · Management $112,065$482,583
IX-16 OccupancyPrograms $260,135 · Management $83,342$343,477
IX-17 TravelPrograms $33,361 · Management $1,336$34,697
IX-19 Conferences, conventions and meetingsPrograms $4,848 · Management $1,279$6,127
IX-22 Depreciation, depletion and amortizationPrograms $1,856$1,856
IX-23 InsuranceManagement $18,091$18,091
IX-24 Other expenses (24a–d)Programs $1,050,891 · Management $4,741$1,055,632
IX-25 Total functional expensesPrograms $6,564,157 · Management $1,730,104 · Fundraising $0$8,294,261
Part X · Balance sheet $4,473,971 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $361$361
X-2 Savings and temporary cash investmentsStart of year $1,072,942$3,127,478
X-4 Accounts receivableStart of year $830,740$1,257,019
X-9 Prepaid expenses and deferred chargesStart of year $44,122$50,569
X-10c Land, buildings and equipment, netStart of year $1,856$0
X-15 Other assetsStart of year $38,544$38,544
X-16 Total assetsStart of year $1,988,565$4,473,971
X-17 Accounts payable and accrued expensesStart of year $905,380$831,283
X-25 Other liabilitiesStart of year $1,076,410$440,783
X-26 Total liabilitiesStart of year $1,981,790$1,272,066
X-27 Net assets without donor restrictionsStart of year −$213,949$1,163,150
X-28 Net assets with donor restrictionsStart of year $220,724$2,038,755
X-32 Total net assets or fund balancesStart of year $6,775$3,201,905
X-33 Total liabilities and net assetsStart of year $1,988,565$4,473,971
Part XI · Reconciliation of net assets $3,201,905 net assets at year end
XI-1 Total revenue$11,489,391
XI-2 Total expenses$8,294,261
XI-3 Revenue less expenses$3,195,130
XI-4 Net assets at start of year$6,775
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,201,905

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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