Concordia Summit Inc
Only null% goes to programs Thin reserves Growing revenue
Concordia Summit Inc is a 501(c)(3) organization based in New York, New York, registered in 2012, with $7,125,412 in FY2024 revenue. CharityIndex grades it D.
134 East 40th Street 5th Floor, New York, NY, 10016 EIN 27-5121564 Since 2012
Revenue (FY2024)
$7.1M
▲ 45.7% vs prior year
International median: $227K
Expenses (FY2024)
$9.4M
Net assets
-$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Concordia Summit Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Concordia Summit Inc: 0 mo reserves · -32% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Concordia Summit Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Concordia Summit Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 134 East 40th Street 5th Floor, New York, NY, 10016
- City
- New York
- State
- New York
- Subcategory
- International Peace & Security
- Website
- …
Financial trends
Revenue grew from $1.2M (FY2013) to $7.1M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.5MNet assets -$3.7M
Operating margin
-32.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$6.5M
Net assets
-$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,125,412▲45.7% | $9,405,099▲70.7% | -$3,741,720▼156% | $2,800,796▲104% | 990 |
| 2023 | $4,891,148▲34.4% | $5,509,581▲22.8% | -$1,462,033▼68.7% | $1,370,950▲21.0% | 990 |
| 2022 | $3,639,664▲19.5% | $4,485,302▲26.3% | -$866,727▼4010% | $1,133,095▼11.0% | 990 |
| 2021 | $3,044,818▲30.5% | $3,552,505▲41.7% | -$21,089▼104% | $1,272,481▼20.1% | 990 |
| 2020 | $2,333,281▼47.6% | $2,507,163▼45.7% | $486,598▼20.4% | $1,592,054▼7.3% | 990 |
| 2019 | $4,450,160▲2.4% | $4,617,513▲12.5% | $611,118▼21.5% | $1,716,978▼3.1% | 990 |
| 2018 | $4,345,342▼25.6% | $4,106,158▼26.5% | $778,471▲80.3% | $1,771,699▼6.8% | 990 |
| 2017 | $5,842,492▲11.2% | $5,583,157▲25.2% | $431,684▲150% | $1,900,607▲41.8% | 990 |
| 2016 | $5,255,573▲347% | $4,459,374▲171% | $172,349▲152% | $1,340,550▲1812% | 990 |
| 2013 | $1,175,657 | $1,642,928▲49.4% | -$332,845▼340% | $70,110▲669% | 990 |
| 2012 | — | $1,099,767▲95.9% | -$75,574▼1082% | $9,115▼61.4% | 990 |
| 2011 | — | $561,284 | $7,693 | $23,612 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $464K total
13 grants to Concordia Summit Inc totaling $464K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Project Management Institute Inc | General support | 2024 | $100,000 |
| Arizona State University Foundation For A New American University | Program support | 2024 | $75,000 |
| AARP | Sponsorship of the concordia europe summit | 2024 | $70,000 |
| American Online Giving Foundation Inc | General support | 2023 | $25,000 |
| Sesame Workshop | General support | 2023 | $10,000 |
| AARP | Sponsorship of the annual summit | 2022 | $40,000 |
| Sesame Workshop | General support | 2022 | $10,000 |
| AARP | Sponsorship of annual summit | 2021 | $40,000 |
| Pew Charitable Trusts | Sponsorship | 2021 | $13,900 |
| Sesame Workshop | General support | 2021 | $10,000 |
| Sesame Workshop | General support | 2020 | $10,000 |
| Sesame Workshop | General support | 2019 | $20,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Programming prtnrshp | 2018 | $40,000 |
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Frequently asked questions
- Is Concordia Summit Inc a legitimate nonprofit?
- Yes. Concordia Summit Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-5121564, based in New York, New York. Donations are tax-deductible.
- What is Concordia Summit Inc's EIN?
- Concordia Summit Inc's Employer Identification Number (EIN) is 27-5121564.
- How much revenue does Concordia Summit Inc report?
- Concordia Summit Inc reported $7,125,412 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Concordia Summit Inc have?
- CharityIndex grades Concordia Summit Inc D, based on financial health (reserves and operating margin).
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Data for Concordia Summit Inc (EIN 27-5121564) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.