Overview
What is The Concord Education Fund Inc?
The Concord Education Fund Inc is a dedicated nonprofit organization located in Concord, Massachusetts. Established with a mission to promote excellence in public schools within the Concord area, they grant funds to develop innovative curricula, programs, and initiatives that enhance the educational experience for both students and teachers. In the summer of 2023, they provided training for all elementary school teachers, specialists, and counselors in the Responsive Classroom Approach. The Concord Education Fund encourages creative and well-thought-out proposals, with a focus on exceptional quality and personal vision that surpasses the norm. By funding various academic disciplines and levels, they aim to enrich and broaden the educational journey for the community.
Official website here: www.concordedfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Concord Education Fund Inc has received a three-star rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating reflects a score of 76% based solely on accountability and finance metrics for the most recent fiscal year, FY2023. This suggests that while the organization demonstrates a good grasp of financial practices, there are areas where it could improve its governance policies.
Strengths highlighted in the evaluation include full independence among board members, with 100% of the members being independent, and a robust program expense ratio of 83.71%, indicating effective allocation of funds towards its mission. The organization also maintains transparency, as evidenced by having its website listed on its tax form and properly documenting board meeting minutes.
However, there are notable limitations, particularly in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy resulted in a score of zero in these areas, which could raise concerns about the organization's risk management and ethical standards. Addressing these gaps would enhance the organization's overall accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Concord Education Fund Inc legitimate?
The Concord Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Concord Education Fund Inc 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.
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Official website here: www.concordedfund.org
What is the mission statement of The Concord Education Fund Inc?
The Concord Education Fund is an independent organization that wholeheartedly supports the pursuit of excellence in public schools. It achieves this by granting funds for the development of curricula, programs, and initiatives designed to enhance the educational experience of both students and teachers. The Concord Education Fund encourages creative and sound thinking, exceptional quality, and personal visions that surpass the norm. The supported curricula, programs, and initiatives, spanning various academic disciplines and levels, aim to deepen and broaden the educational experience. Through its work, the Concord Education Fund strives to foster self-sustained excellence throughout public schools.
Official website here: www.concordedfund.org
What is the revenue of The Concord Education Fund Inc?
The Concord Education Fund Inc's revenue in 2024 was $49,751.
Official website here: www.concordedfund.org
Who are the executives of The Concord Education Fund Inc and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.concordedfund.org
Where can I find the form 990 for The Concord Education Fund Inc?
The Concord Education Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.concordedfund.org
Learn more at the official website: www.concordedfund.org
Mission Statement of The Concord Education Fund Inc
The Concord Education Fund, an independent organization, is deeply committed to enhancing public school education. Its mission is to support the pursuit of excellence in the educational institutions of Concord, by providing financial assistance for the development of curricula, programs, and initiatives. The fund encourages creative and sound thinking, striving for exceptional quality, and personal visions that transcend the ordinary. The supported curricula, programs, and initiatives, encompassing various academic disciplines and levels, aim to deepen and broaden the educational experience of both students and teachers. In striving for self-sustained excellence, The Concord Education Fund plays a crucial role in the continuous growth of high-quality education within the public schools of Concord.
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Impact
August, 2024
The Concord Education Fund Inc's impact can be seen in their dedication to enhancing public school education in Concord. One notable initiative was providing grants to train all of Concord's elementary school teachers, specialists, and counselors in the Responsive Classroom approach during the summer of 2023. Through such efforts, the organization actively supports the pursuit of excellence in public schools by funding the development of curricula, programs, and initiatives to enhance the educational experience of students and teachers. By encouraging creative and sound thinking, exceptional quality, and personal vision above and beyond the norm, the Concord Education Fund aims to deepen and broaden the education experience across academic disciplines and levels. Through their work, they strive to foster self-sustained excellence in public schools throughout Concord.
This information is meant to be a general summary of The Concord Education Fund Inc. 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 2024.
- Investment Income: $114
- Gross Receipts: $73,570
Assets and Liabilities:
- Total Assets: $118,544
- Total Liabilities: $2,500
- Net Assets: $116,044
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Organization Details
Founding Year
1992
Principal Officer
Sandeep Pisharody
Website
www.concordedfund.orgNTEE Category
Code: Z99Z - Unknown
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