Concurrent Technologies Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Concurrent Technologies Corporation (CTC) provides applied scientific research & development services, in the public interest, to develop innovative technology and management solutions.
- Income
- $101.3 million
- Spending
- $98.7 million
- Spent on programs
- 87%
- Reserves
- 6.4 months of spending
- Largest source of income
- government grants, 91%
- Employees
- 459
- Volunteers
- 0
- Highest pay
- $738,974, board member/president/ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 84 out of 100. Higher than 72% of charities in its peer group (science, over $100m).
Reserves
28 of 35Spendable reserves would cover 6.4 months of spending.
Debt
16 of 20It owes 19% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 32% of charities in its peer group (science, over $100m).
Independent board
25 of 259 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $16.2 million spent. The purpose of this contract is to provide professional services to support the Force Safety and Occupational Health(FSOH)in meeting policy objectives. The objective of the contract is to support an integrated, comprehensive SOH program designed to reduce mishap, injury and occupational illness risk, and enable an enduring safety culture across the Department. Provide on and offsite technical, analytic, safety, engineering, and other expertise required to support the Department's enterprise safety risk management objectives. Assist to maintain DoD databases in support of the FSOH policy objectives. Provide a combination of professional services and ancillary IT services and supplies to support the gathering, analysis, and dissemination of data related to the occupational safety goals of the FSOH.
- $9.6 million spent. The Interboundary Secure Information Sharing (ISIS) Program will develop a new cross domain system, the Next Generation Cross Domain Solution (NGCDS), that will consolidate the functionality of several existing cross domain systems and incorporate new cross domain technologies to provide a comprehensive cross domain capability for enterprise and cloud computing environments. The ISIS Program will also provide support for a number of existing cross domain systems until such time as the functionality of those systems is incorporated into the NGCDS. The scope of this effort shall include development, modification, testing, assembly, delivery, installation, training, troubleshooting support, and logistics support for existing and new cross domain systems and existing and new cross domain technologies.
- $8.1 million spent. The purpose of this contract is to support MCICOM's alignment with Congressional legislation, Department of Defense strategic direction, and Fleet Marine Force requirements targeting climate, energy resilience, and Force Design. Contractor services are required to support different sections of the USMC, in addressing the USMC's energy security objectives. The support sets overarching policy and Program direction; Provides technical expertise for energy planning and management and utility systems, policy recommendations for energy and utility requirements, project implementation guidance and strategies, centralized energy information data management, transportation operations, communications and outreach.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.