Concord Academy
Overview
Mission
We are a community animated by love of learning, diverse and striving for equity, with common trust as our foundation. Honoring each individual, we challenge and expand our understanding of ourselves and the world through purposeful collaboration and creative engagement. We cultivate empathy, integrity, and responsibility to build a more just and sustainable future.
What it reported doing in 2024
Secondary education: 415 students in grades 9 through 12; educational programs, general/other: summer camp 8-week program for children in grades pre-k through 9.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 81% of its reported program work directly.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 041200600
- IRS 990 coverage
- 2009–2024
- Website reviewed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Concord, MA, United States
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 63
- Accountability: 86
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.2%; rating input score 77
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: $4.99 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 1 of 7 controls in place; rating input score 14
- Public financial transparency: 1 of 5 controls in place; rating input score 20
- Impact reporting controls: 3 of 7 controls in place; rating input score 43
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 93.1%; rating input score 93; 25th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Public governance controls: 2 of 4 controls in place; rating input score 50
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 18.4%; rating input score 80; 80th percentile among comparable filings
- Operating reserve ratio: 5.63; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 42nd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site
- Where the money goes: 77.2% of revenue deployed · 81.3% of spending went to programs
- Governance: 27 of 29 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $31.6M in reported program spending
- Leadership: top reported pay $658K · 38 people listed · 4 of 6 pay-setting controls reported
- Consistency: 39 of 41 current checks pass · 2 findings to review
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Money network: 11 filed money-flow records
- Related organizations: 1 filed related-organization link