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Filing year 2023

CONCORD ACADEMY

Concord, Massachusetts·EIN 04-1200600·NTEE B250 · Education·501(c)(3)
Total revenue
$53.7M
Total assets
$203.1M
Total expenses
$37M
Reported officers
39
Mission

CONCORD ACADEMY IS A COMMUNITY ANIMATED BY LOVE OF LEARNING, DIVERSE AND STRIVING FOR EQUITY, WITH COMMON TRUST AS OUR FOUNDATION. HONORING EACH INDIVIDUAL, WE CHALLENGE AND EXPAND OUR UNDERSTANDING OF OURSELVES AND THE WORLD THROUGH PURPOSEFUL COLLABORATION AND CREATIVE ENGAGEMENT. CONCORD ACADEMY CULTIVATES EMPATHY, INTEGRITY, AND RESPONSIBILITY TO BUILD A MORE JUST AND SUSTAINABLE FUTURE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.

Head of School
Officer (Unspecified)
$618k
$681k
Base
$450k
Bonus
Other
$240
Benefits
$95k
Chief Financial & Operating Officer
Above 90th percentile
$365k
$402k
Base
$285k
Bonus
Other
$2k
Benefits
$33k
Teaching, Learning & Faculty
Key Employee
Median to 75th percentile
$333k
$366k
Base
$248k
Bonus
Other
$360
Benefits
$45k
Advancement & Engmt. (until 1/5/24)
Key Employee
Median to 75th percentile
$283k
$312k
Base
$262k
Bonus
Other
$360
Benefits
Director of Operations
75th to 90th percentile
$249k
$274k
Base
$170k
Bonus
Other
$189
Benefits
$64k
Planning, Design & Construction
Highest Compensated Employee
Median to 75th percentile
$241k
$266k
Base
$175k
Bonus
Other
$2k
Benefits
$50k
Advancement & Engmt. (from 1/29/24)
Key Employee
25th percentile to median
$215k
$237k
Base
$158k
Bonus
Other
$276
Benefits
$42k
Marketing & Comm. (until 5/30/24)
Highest Compensated Employee
Median to 75th percentile
$190k
$209k
Base
$154k
Bonus
Other
$339
Benefits
$36k
Controller
Median to 75th percentilevs Education peers nationwide
$176k
$194k
Base
$152k
Bonus
Other
$121
Benefits
$12k
Director of Administrative Systems
Highest Compensated Employee
25th percentile to median
$156k
$172k
Base
$143k
Bonus
Other
$1k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CONCORD ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 44%
from 2022

From $430k in 2022 to $618k in 2023.

$430k
2022
$618k
2023
In today's dollarsEst.
Up 39% in real terms$491k to $681k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 3% from 2022 to 2023, while revenue rose 43%.

$353k in 2022 to $365k in 2023.
  • Key Employee pay fell 23% from 2022 to 2023.
  • Highest Compensated Employee pay fell 37% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CONCORD ACADEMY

What does the Chief Financial Officer of CONCORD ACADEMY earn?

In 2023, the Chief Financial Officer of CONCORD ACADEMY received $365,186 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at CONCORD ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Financial Officer at CONCORD ACADEMY falls in the top 10%. In 2023, the highest total compensation at CONCORD ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are CONCORD ACADEMY's revenue and expenses?

In 2023, CONCORD ACADEMY reported $53.7M in total revenue and $37M in total expenses on its IRS Form 990.

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