Overview
What is Concord Academy?
Concord Academy is a renowned, nonprofit educational institution located at 166 Main Street, Concord, Massachusetts, with a ZIP code of 01742. The school encompasses a four-year, co-educational boarding and day college-preparatory program for students in grades nine through twelve. During the 2021-2022 academic year, Concord Academy welcomed 406 students, among whom 156 were boarders and 250 were day students. The student body consisted of individuals from 16 states/territories and 13 foreign countries, reflecting its diverse and inclusive community. The mission of Concord Academy is rooted in a love for learning, equity, and common trust. It fosters individual growth, challenging and expanding understanding, and cultivates empathy, integrity, and responsibility for a more just and sustainable future. Concord Academy's staff comprises 361 dedicated employees. Additionally, the institution offers a summer camp program for children in grades pre-K through nine.
Official website here: www.concordacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Concord Academy has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity scored 96% overall, with its ratings derived entirely from its accountability and finance metrics, showcasing a high level of transparency and effective governance.
The organization excels in multiple areas, such as having a fully independent board and no material diversion of assets, which reinforces its credibility. It has also implemented essential policies, including conflict of interest and whistleblower policies, which contribute to a robust governance framework. Additionally, a significant portion of its expenses (76.75%) is directed towards program services, reflecting a dedication to fulfilling its mission.
However, while the financial metrics are commendable, the data does not provide insight into programmatic effectiveness or community impact. Prospective donors may want to consider additional aspects of the organization’s work beyond financial accountability to gain a more comprehensive understanding of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Concord Academy legitimate?
Concord Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,272,189
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,884,876
For more financial information, click here
Official website here: www.concordacademy.org
What is the mission statement of Concord Academy?
Concord Academy is a vibrant community that values learning and strives for equity. Each individual is respected and challenged to broaden their understanding of themselves and the world through collaborative and creative engagement. Concord Academy fosters empathy, integrity, and responsibility to build a more just and sustainable future. The academy's diverse student body, consisting of boarding and day students, comes from various backgrounds, including 16 states/territories and 13 foreign countries. Through purposeful collaboration and creative involvement, Concord Academy's mission is to cultivate well-rounded individuals who are prepared to contribute positively to society.
Official website here: www.concordacademy.org
Who is the CEO of Concord Academy?
Sarah Yeh is the Interim Head Of School of Concord Academy.
Official website here: www.concordacademy.org
What is the revenue of Concord Academy?
Concord Academy's revenue in 2022 was $40,612,899.
Official website here: www.concordacademy.org
Who are the executives of Concord Academy and what are their salaries?
The average compensation at Concord Academy during 2022 was $36,446. There are 361 employees and 359 volunteers at Concord Academy.
Here are 37 key members and their salaries:
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- Compensation: $286,131
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- Other: $71,724
- Compensation: $259,506
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- Other: $30,131
- Compensation: $161,766
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- Other: $82,154
- Compensation: $413,457
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- Compensation: $138,336
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- Other: $22,520
Official website here: www.concordacademy.org
Where can I find the form 990 for Concord Academy?
Concord Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concordacademy.org
Learn more at the official website: www.concordacademy.org
Mission Statement of Concord Academy
Concord Academy, a four-year, coeducational boarding and day college-preparatory school, is driven by a mission that animates its community with a love of learning, diversity, and a commitment to equity. With common trust as its foundation, this esteemed institution honors each individual, challenging and expanding their understanding of themselves and the world.
Capitalizing on purposeful collaboration and creative engagement, Concord Academy cultivates empathy, integrity, and responsibility. By fostering these core values, the school aims to build a more just and sustainable future. Comprised of 406 students in grades nine through twelve during the 2021-22 academic year, with 156 of these students being boarders, the student body hailed from 16 states/territories and 13 foreign countries.
The Concord Academy's community is a vibrant tapestry, woven together by a shared commitment to learning and growth. In this nurturing environment, students broaden their horizons, expand their perspectives, and develop essential skills to navigate the complexities of the world. Through diverse experiences and collaborative endeavors, the students of Concord Academy leave the institution with a strong foundation, prepared to make meaningful contributions to their communities and beyond.
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Impact
October, 2024
Concord Academy plays a significant role in shaping the educational landscape by fostering a strong community centered around a love of learning. With an enrollment of 406 students, including both boarding and day students from diverse backgrounds—spanning 16 states and 13 foreign countries—it creates a vibrant and inclusive environment.
The academy is dedicated to secondary education for grades 9 through 12, emphasizing not only academic rigor but also the importance of empathy, integrity, and responsibility. By challenging students to expand their understanding of themselves and the world, Concord Academy prepares them to engage thoughtfully and creatively in their communities.
Through purposeful collaboration and innovative programs, including an 8-week summer camp for younger children, Concord Academy goes beyond traditional education. It aims to cultivate a culture of equity while instilling values that empower students to contribute positively to society, thereby building a more just and sustainable future.
This information is meant to be a general summary of Concord Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,233,600
- Program Service Revenue: $24,247,690
- Gross Receipts: $76,753,462
Assets and Liabilities:
- Total Assets: $166,818,681
- Total Liabilities: $24,219,758
- Net Assets: $142,598,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES/SUMMER
Revenue
$24,247,690
Organization Details
Founding Year
1922
Phone
(978) 402-2200Principal Officer
Sarah Yeh
Main Address
166 MAIN STREET, CONCORD, MA, 01742
Website
www.concordacademy.orgNTEE Category
Code: B250 - Education
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