Concord250 Corporation
Nonprofit profile at a glance
- EIN
- 883924554
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Concord, MA, USA
- Phone
- 9783698333
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Commemorative Events
Reported finances
- Revenue
- $130,437
- Expenses
- $32,425
- Assets
- $98,512
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Gary Clayton (Vice President)
- Henry J Dane (President)
People named in this filing
- Gary Clayton (Vice President)
- John Arena III (Secretary/Clerk)
- Richard Loughlin (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary activities of the organization are to organize, plan, and present activities celebrating the 250th anniversary of the first battle of the American Revolution that took place on Aril 19, 1775 in the town of Concord, Massachusetts, to recognize the 250th anniversary of the Declaration of Independence on July 4, 1776, and to solicit, receive, and collect funds from various sources, including donations and grants from sponsoring organizations, municipal, state, and federal sources, and from the sale of commemorative items to help finance the foregoing activities. The activities will take place primarily in the town of Concord, Massachusetts, and the funds will be used to further the historical, literary, cultural, educational, civic, and patriotic activities and objectives of the corporation.
What it reported doing in 2024
Sponsorship of Concord250 essay contest for Concord school children (public and private schools)
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 82
- Sustainability: 88
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.6%; rating input score 20
- Program expense ratio: 74.6%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 75.1%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 3.04; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 19.6% of revenue deployed · 74.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $24K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 1 filing year from 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 20/100.