Concept Foundation EIN 98-0158157

Concept Foundation

EIN  98-0158157 Public charity (501(c)(3)) Thailand
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/23/26 · see original filing: IRS
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Size
$1–10M
What they do
Ensures affordable access to quality sexual and reproductive health medicines and technologies.
Leadership
Lester Chinery · Director Manufacturing Market
Money in and out
$5.0M revenue, $4.9M expenses
Bottom line
82% program efficiency

Ensures affordable access to quality sexual and reproductive health medicines and technologies. For fiscal year 2025 it reported $5.0M in revenue, $4.9M in expenses, and $581K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$5.0M
Pt VIII · Ln 12
Total expenses
$4.9M
Pt IX · Ln 25
Net assets
$581K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $32K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate▲ +42% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▲ +348% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$5.0M
FY2025▼ -23%
Expenses
$4.9M
FY2025▼ -23%
Total assets
$3.9M
FY2025▲ +13%
Total liabilities
$3.3M
FY2025▲ +15%
Total revenue
$5.0M
Pt VIII · Ln 12
Total expenses
$4.9M
Pt IX · Ln 25
Net assets
$581K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$3.9M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $4.0M of program spending, described in the organization's own filed words · FY2024.
01

Research and Development

Concept Foundation conducts research to identify develop, evaluate and increase access to new and neglected medicines, diagnostics and other technologies with potential to improve sexual and reproductive health (SRH), including a strong focus on improving maternal care.

$3.6Mprogram expense
02

Manufacturing and Access

Concept Foundation facilitates the availability of quality-assured, affordable sexual and reproductive health (SRH) medicines and technologies worldwide. The foundation continues to capacity strengthen and collaborate with manufacturers of generic SRH medicines and diagnostics worldwide by providing remote and on-site technical support…

$321Kprogram expense
03

Policy and Advocacy

Concept Foundation advocates for an enabling sexual and reproductive health (SRH) research and development (R&D) environment, in which women-centered R&D is the norm. We strengthen policy and advocacy initiatives to ensure equitable access to quality-assured and environmentally sustainable SRH products and support inclusion of pregnant…

$147Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConcept Foundation
EINHdr · item D98-0158157
Principal addressHdr · item CThailand,
WebsiteHdr · item Jwww.conceptfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item M
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q200)
Ruling yearIRS BMFJan 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director Manufacturing Market
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Senior Programme Manager
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Senior Programme Manager R&d
$0Pt VII · Sec A
Programme Manager R&d
$0Pt VII · Sec A
Programme Manager Manufacturing
$0Pt VII · Sec A
Communication Manager
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$5.0M
Investment income$7K
Total revenueLn 12$5.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$4.0M
Management & general18%$904K
Total functional expensesLn 25$4.9M

Balance Sheet

Part X · end of year
CashLn 1$3.4M
Total assetsLn 16$3.9M
Total liabilitiesLn 26$3.3M
Total net assetsLn 32$581K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.4M · Operating expenses/yr $4.9M
8.4 months
Where the money goes
Program services
Program services $4.0M · Total expenses $4.9M
82%
Management & General
Management & general $904K · Total expenses $4.9M
18%
Fundraising
Fundraising $0 · Total expenses $4.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $4.8M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5.0M · Total revenue $5.0M
100%
Government reliance
Government grants — · Total revenue $5.0M
Earned-income share
Program service revenue $0 · Total revenue $5.0M
0%
Investment reliance
Investment income $7K · Total revenue $5.0M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $4.9M
0%
Growth & trend
Revenue growth (YoY)
This year $5.0M · Prior year $6.4M
-23%
Revenue CAGR
FY2020 $3.9M · FY2024 $5.0M
+7%
Net-asset trend (YoY)
End of year $581K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.0M · Expenses $4.9M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $3.9M
Net-asset ratio
Net assets $581K · Total assets $3.9M
15%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lester Chinery · Reported title Director Manufacturing Market · Highest reported compensation $0 · Total expenses $4.9M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $259K · Total expenses $4.9M
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Revenue growth -23%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$2.0M

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5.0M revenue · viewing · ⤓ 990 PDF
FY2024$6.4M revenue · ⤓ 990 PDF
FY2023$3.1M revenue · ⤓ 990 PDF
FY2022$2.6M revenue · ⤓ 990 PDF
FY2021$3.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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