Arts, Culture & Humanities
(A30)
990 on File
CONCORD INDEPENDENT FOUNDATION INC
Financial strength (30%)
89/100
Reliability (20%)
40/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$941K
Total Revenue
$839K
Total Expenses
$1.2M
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
73.8%
Fundraising Efficiency
N/A
Operating Reserve
16.94x
Liability-to-Asset
3.5%
Revenue Diversification
54.5%
Executive Compensation
$104K
Compared with Peers
FY 2024
Compared with 12,748 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
73.8% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.2% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.9 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.5% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.5% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
20.7% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
56.0% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.8% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $941K | $839K | $1.2M | 73.8% | 17 |
| 2023 | $780K | $538K | $1.0M | 78.6% | 6 |
| 2022 | $847K | $101K | $746K | 87.6% | 3 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.