THE CONCORD EDUCATION FUND INC

EIN: 223198209 501(c)(3) Unknown

CONCORD, MA

Total Revenue
$49,751
Total Expenses
$71,468
Total Assets
$97,094
Net Assets
$94,394
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MA
Principal Officer
SANDEEP PISHARODY
Phone
9138326432
Tax Period
2023-07-01 to 2024-06-30

THE CONCORD EDUCATION FUND INC, founded in 1992, is a micro nonprofit in the Unknown sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $71K exceeded revenue, resulting in a 44% operating deficit.

Mission

THE CONCORD EDUCATION FUND IS AN INDEPENDENT ORGANIZATION THAT AVIDLY SUPPORTS THE PURSUIT OF EXCELLENCE IN THE PUBLIC SCHOOLS OF CONCORD, BY GRANTING FUNDS FOR THE DEVELOPMENT OF CURRICULA, PROGRAMS AND INITIATIVES DESIGNED TO ENHANCE THE EXPERIENCE OF EDUCATION OF STUDENTS AND TEACHERS. IN THE PURSUIT OF EXCELLENCE, THE CONCORD EDUCATIONAL FUND ENCOURAGES, ON THE PART OF GRANT APPLICANTS, THINKING THAT IS CREATIVE AND SOUND; QUALITY THAT IS EXCEPTIONAL; AND PERSONAL VISION THAT GOES ABOVE AND BEYOND THE NORM. CURRICULA, PROGRAMS AND INITIATIVES SUPPORTED BY THE CEF, SPANNING ALL ACADEMIC DISCIPLINES AND LEVELS, SERVE TO DEEPEN AND BROADEN THE EXPERIENCE OF EDUCATION. THROUGH ITS WORK, THE CEF STRIVES TO CONTINUE THE GROWTH OF SELF-SUSTAINED EXCELLENCE THROUGHOUT THE PUBLIC SCHOOLS IN CONCORD.

Program Service Accomplishments

Program 1

PROVIDED GRANTS TO CONCORD CARLISLE HIGH SCHOOL AND CONCORD PUBLIC SCHOOLS IN EXCESS OF 50,000.

Program 2

RAISED OVER 70,000 TO FUND GRANTS.

Program 3

ACHIEVED COMMUNITY OUTREACH AND INVOLVEMENT OF PARENTS, TEACHERS, AND ADMINISTRATORS THROUGH MULTIPLE CHANNELS INCLUDING OUR VERY SUCCESSFUL 80'S PROM NIGHT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $73,456
Program Service Revenue $0
Investment Income $114
Other Revenue $-23,819
TOTAL REVENUE $49,751

Expense Breakdown

Grants Paid $54,470
Salaries & Benefits $0
Fundraising Expenses $1,761
Program Expenses $57,654
Other Expenses $16,998
TOTAL EXPENSES $71,468

Year-over-Year Comparison

2023 2022 Change
Revenue $49,751 $74,120 -0.3%
Expenses $71,468 $130,668 -0.5%
Net Income $-21,717 $-56,548 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARI ALEXANDER CO-PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT BOGER DIRECTOR 1.00
Director
$0 $0 $0
LIZ COLGAN SECRETARY 2.00
Officer Director
$0 $0 $0
JULIA ELLIOTT DIRECTOR 1.00
Director
$0 $0 $0
JOHN JADDOU DIRECTOR 1.00
Director
$0 $0 $0
GREG LEGAULT DIRECTOR 1.00
Director
$0 $0 $0
DAVID LIS DIRECTOR 1.00
Director
$0 $0 $0
ERICA MAWN DIRECTOR 1.00
Director
$0 $0 $0
AMY NOORDZIJ DIRECTOR 1.00
Director
$0 $0 $0
AMANDA PEPPERCORN DIRECTOR 1.00
Director
$0 $0 $0
JENIFER PERRY CO-PRESIDENT 2.00
Officer Director
$0 $0 $0
SANDEEP PISHARODY TREASURER 2.00
Officer Director
$0 $0 $0
CHRIS SAIA DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN SHEPARD DIRECTOR 1.00
Director
$0 $0 $0
TRISH SIEFER DIRECTOR 1.00
Director
$0 $0 $0
BILL STONE DIRECTOR 1.00
Director
$0 $0 $0
AMY TENENBAUM DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $49,751 $71,468 $97,094 $-21,717
2023 $74,120 $130,668 $118,544 $-56,548
2022 $80,071 $65,295 $177,192 $14,776
2021 $72,416 $92,232 $160,116 $-19,816
2020 $71,642 $93,030 $179,932 $-21,388
2019 $52,510 $135,688 $202,133 $-83,178
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