Concordia Summit INC FY2022 filing

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The Concordia Summit is a non-profit organization that seeks to build public-private partnerships around global issues. Convening its inaugral forum in september 2011, the Concordia Summit focuses on promoting more interaction between the public and private sectors.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $885K a year · 21% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 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
$120K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $430K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
176% of total assets
Concern: liabilities are 176% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 10 voting members
Looks good: 11 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
+20% vs prior year
Spent
$4.5M
To programs
81%
Net assets
−$867K
By yearFY2020–FY2024
Revenue
$3.6M
FY2022▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$3.0M
FY2022$3.6M
FY2023$4.9M
FY2024$7.1M
Expenses
$4.5M
FY2022▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$3.6M
FY2022$4.5M
FY2023$5.5M
FY2024$9.4M
Net assets
−$867K
FY2022▼ -4010%
Tap a bar for its year
Net assets by fiscal year
FY2020$487K
FY2021−$21K
FY2022−$867K
FY2023−$1.5M
FY2024−$3.7M

From the FY2022 Form 990 · 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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2012.

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% · $3.6M Management & general 17% · $749K Fundraising 2% · $108K

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

11 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
Partnerships Senior Direct
$120,000Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President/Executive Direct
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matthew Swift’s $129K as President/Executive Direct is at the 47th percentile of top reported officer pay among 1168 $1–10M international 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Matthew Swift$129,067——$31,096$53,308
Hanne Dalmut$109,891$120,000$120,000$115,625—
Gurdip Paintal$115,000————
Gwen Buchanan Bush—$104,000———
Benjamin Plumer$85,000————

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 Concordia Summit INC executive salaries →

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
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Convenes leaders to build public-private partnerships addressing global challenges.

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1 program · $3.6M · in their own filed words · FY2022
01

Concordia fosters meaningful dialogue, sparks collaboration, and inspires collective action by way of diverse programming throughout the year. From the annual concordia summit to a series of year-round engagement opportunities, our programming connects concordia members with thought leaders and social innovators while encouraging…

$3.6Mprogram 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
See all 8 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$661K
Other incomeLn 4–11$75K
Money outPt IX
$4.5M
Ln 25
Programscol B$3.6M
Managementcol C$749K
Fundraisingcol D$108K
Owns and owesPt X
−$867K
net assets · Ln 32
Cash and savingsLn 1–2$212K
Total assetsLn 16$1.1M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Government grantsLn 1e$111K
Fees for servicesLn 2g$661K
Investment incomeLn 3$5
Other incomeLn 4–11$75K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$80K
Cash and savings togetherLn 1–2$212K
Pledges and grants receivableLn 3$720K
Accounts receivableLn 4$160K
Prepaid expenses and deferred chargesLn 9$18K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$1.1M
LiabilitiesLn 26$2.0M
Net assetsLn 32−$867K
OperationsPt I, VI
EmployeesI 527
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$313K$212K
Land, buildings, equipmentLn 10c$24K$23K
Total assetsLn 16$1.3M$1.1M
LiabilitiesLn 26$1.3M$2.0M
Net assetsLn 32−$21K−$867K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$886K$548K$264K$74K
Pension plan contributionsLn 8$2K$1K$663$187
Other employee benefitsLn 9$132K$81K$39K$11K
Payroll taxesLn 10$92K$57K$27K$8K
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$1.3M$1.0M$294K
Advertising and promotionLn 12$14K$9K$4K$1K
Office expensesLn 13$30K$18K$9K$2K
Information technologyLn 14$83K$51K$25K$7K
OccupancyLn 16$35K$21K$10K$3K
TravelLn 17$355K$355K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$11K$7K$3K$902
Other expenses (24a–d)Ln 24$1.5M$1.4M$18K
All other expensesLn 24e$4K$3K$1K$374
Total functional expensesLn 25$4.5M$3.6M$749K$108K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $7.1M$9.4M−$2.3M−$3.7M 990 PDF
FY2023Filed with the IRS Nov 17, 2025 $4.9M$5.5M−$618K−$1.5M 990 PDF
FY2022 ViewingFiled with the IRS Nov 15, 2023 $3.6M$4.5M−$846K−$867K 990 PDF
FY2021Filed with the IRS Nov 2, 2022 $3.0M$3.6M−$508K−$21K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $2.3M$2.5M−$174K$487K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $3,639,664 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,516,577$2,903,542
I-9 Program service revenuePrior year $518,274$661,117
I-10 Investment incomePrior year $10$5
I-11 Other revenuePrior year $9,957$75,000
I-12 Total revenuePrior year $3,044,818$3,639,664
I-13 Grants and similar amounts paidPrior year $7,500$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,211,748$1,111,980
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,333,257$3,373,322
I-18 Total expensesPrior year $3,552,505$4,485,302
I-19 Revenue less expensesPrior year −$507,687−$845,638
Part VI · Governance 11 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,639,664 across 8 lines filed
VIII-1b Membership dues$563,140
VIII-1e Government grants$110,568
VIII-1f All other contributions, gifts and grants$2,229,834
VIII-1h Total contributions, gifts and grants$2,903,542
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $661,117$661,117
VIII-3 Investment incomeExcluded from tax $5$5
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $75,000$75,000
VIII-12 Total revenueRelated to mission $661,117 · Unrelated business $0 · Excluded from tax $75,005$3,639,664
Part IX · Statement of functional expenses $4,485,302 across 16 lines filed
IX-7 Other salaries and wagesPrograms $547,933 · Management $263,848 · Fundraising $74,498$886,279
IX-8 Pension plan contributionsPrograms $1,377 · Management $663 · Fundraising $187$2,227
IX-9 Other employee benefitsPrograms $81,315 · Management $39,156 · Fundraising $11,056$131,527
IX-10 Payroll taxesPrograms $56,845 · Management $27,373 · Fundraising $7,729$91,947
IX-11b Legal feesManagement $20,216$20,216
IX-11c Accounting feesManagement $28,011$28,011
IX-11g Other fees for servicesPrograms $1,040,230 · Management $294,485$1,334,715
IX-12 Advertising and promotionPrograms $8,532 · Management $4,109 · Fundraising $1,160$13,801
IX-13 Office expensesPrograms $18,314 · Management $8,818 · Fundraising $2,490$29,622
IX-14 Information technologyPrograms $51,148 · Management $24,630 · Fundraising $6,954$82,732
IX-16 OccupancyPrograms $21,457 · Management $10,332 · Fundraising $2,917$34,706
IX-17 TravelPrograms $355,437$355,437
IX-22 Depreciation, depletion and amortizationManagement $5,169$5,169
IX-23 InsurancePrograms $6,636 · Management $3,195 · Fundraising $902$10,733
IX-24 Other expenses (24a–d)Programs $1,435,860 · Management $17,867$1,453,727
IX-24e All other expensesPrograms $2,753 · Management $1,326 · Fundraising $374$4,453
IX-25 Total functional expensesPrograms $3,627,837 · Management $749,198 · Fundraising $108,267$4,485,302
Part X · Balance sheet $1,133,095 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $148,185$131,962
X-2 Savings and temporary cash investmentsStart of year $164,586$80,001
X-3 Pledges and grants receivableStart of year $830,000$719,500
X-4 Accounts receivableStart of year $78,325$160,383
X-9 Prepaid expenses and deferred chargesStart of year $27,477$17,986
X-10c Land, buildings and equipment, netStart of year $23,908$23,263
X-16 Total assetsStart of year $1,272,481$1,133,095
X-17 Accounts payable and accrued expensesStart of year $1,075,074$1,103,496
X-19 Deferred revenueStart of year $68,496$78,769
X-22 Loans from officers and insiders$321,907
X-24 Unsecured notes and loans payableStart of year $150,000$495,650
X-26 Total liabilitiesStart of year $1,293,570$1,999,822
X-27 Net assets without donor restrictionsStart of year −$21,089−$866,727
X-32 Total net assets or fund balancesStart of year −$21,089−$866,727
X-33 Total liabilities and net assetsStart of year $1,272,481$1,133,095
Part XI · Reconciliation of net assets −$866,727 net assets at year end
XI-1 Total revenue$3,639,664
XI-2 Total expenses$4,485,302
XI-3 Revenue less expenses−$845,638
XI-4 Net assets at start of year−$21,089
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$866,727

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

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