Concordia Summit Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
CONCORDIA IS A REGISTERED 501(C)(3) NONPROFIT ORGANIZATION THAT ENABLES PUBLIC-PRIVATE PARTNERSHIPS TO CREATE A MORE PROSPEROUS AND SUSTAINABLE FUTURE. AS EQUAL PARTS CONVENER, CAMPAIGNER, AND IDEA INCUBATOR, CONCORDIA IS CREATING A NEW MODEL FOR HOW A NONPARTISAN, NONPROFIT CAN HAVE A GLOBAL IMPACT.
- Income
- $7.1 million
- Spending
- $9.4 million
- Spent on programs
- 88%
- Reserves
- -4.8 months of spending
- Largest source of income
- donations and private grants, 76%
- Employees
- 33
- Volunteers
- 9
- Highest pay
- $130,000, president/executive direct
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 2% of charities in its peer group (international, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 234% of what it owns.
Living within its means
0 of 15Spending exceeded income by 32% of income.
Income trend
15 of 15Income rose 46% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 20% of charities in its peer group (international, $1m to $10m).
Independent board
25 of 259 of 12 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
0 of 7Reports no 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
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (1)
- $8.3 million spent. CONCORDIA FOSTERS MEANINGFUL DIALOGUE, SPARKS COLLABORATION, AND INSPIRES COLLECTIVE ACTION BY WAY OF DIVERSE, INNOVATIVE, AND ACTION-ORIENTED PROGRAMMING. CONCORDIA MEMBERS, PROGRAMMING PARTNERS, AND PROGRAMMING SPONSORS CONNECT AND COLLABORATE YEAR-ROUND TO BRING OUR COMMUNITY TOGETHER TO SHARE BEST PRACTICES, INCUBATE IDEAS, IDENTIFY RESEARCH NEEDS, AND EXPLORE NEW OPPORTUNITIES FOR PARTNERSHIPS. CONCORDIA PARTNERSHIPS INVOLVE TWO OR MORE ENTITIES COMING TOGETHER AROUND A SHARED CHALLENGE. RADICALLY INCLUSIVE IN NATURE, OUR PARTNERSHIPS DRIVE FORWARD UNDERSTANDING THROUGH COLLABORATIVE DIALOGUE EXPERTLY DESIGNED TO SPUR ACTIVITY AND LAUNCH INITIATIVES THAT ACHIEVE SOCIAL IMPACT. THESE INITIATIVES ARE ROOTED IN THE FOUNDATIONAL BEST PRACTICES OF PARTNERSHIPS TO SCALE. CONCORDIA MEMBERS LIE AT THE HEART OF OUR MISSION. BEING PART OF THE CONCORDIA COMMUNITY MEANS THE ABILITY TO UTILIZE EXCLUSIVE NETWORKING OPPORTUNITIES. IT ALSO MEANS ENHANCED ACCESS TO OUR SIGNATURE ANNUAL SUMMIT AND OUR REGIONAL INITIATIVES, AS WELL AS TO SMALLER, CURATED YEAR-ROUND EVENTS. THROUGH CONCORDIA, MEMBERS HAVE ACCESS TO A PLATFORM THROUGH WHICH TO PURSUE UNIQUE AREAS OF INTEREST.
Source: Form 990 for the year ending December 31, 2024, 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 December 2024.
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 October 2012.
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.