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Nonprofit · EIN 58-1514410

CONCORD ACADEMY INC

Tax-exempt · MEMPHIS, TN 38117

Financials

$1.3M$1.2M2022$1.2M$1.2M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of CONCORD ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,090,842$1,196,310-$105,468$569,410$159,202$410,208
July 31, 2024990$1,159,884$1,214,083-$54,199$691,806$176,130$515,676
July 31, 2023990$1,272,482$1,163,651$108,831$726,182$156,307$569,875
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$60,000
Program service revenue
$892,446
Investment income
$5,257
Net income from fundraising events
$133,139
Other revenue
$133,139

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,000
Other salaries and wages
$746,582
Salaries, compensation and benefits (total)
$943,892
Professional fundraising fees
$0
Accounting fees
$27,075
Occupancy
$60,926
Travel
$5,163
Depreciation
$9,254
Program services (functional)
$1,174,203
Management and general (functional)
$19,806
Fundraising (functional)
$2,301

Balance sheet and other

Total assets, start of year
$691,806
Total assets, end of year
$569,410
Total liabilities, end of year
$159,202
Net assets, end of year
$410,208
Land, buildings and equipment
$37,487
Net assets without donor restrictions
$410,208
Gross receipts
$1,163,897
Employees
17
Year formed
1983
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CECE PALAZOLAEXECUTIVE DI
Trustee or director
40$92,000
WILLIAM RYANCHAIR
Trustee or director, Officer
1$0
MATTHEW HARRISONVICE CHAIR
Trustee or director, Officer
1$0
JOSH LITTLEJOHNTREASURER
Trustee or director, Officer
1$0
JULIA HOWELLSECRETARY
Trustee or director, Officer
1$0
MILLIE DUNLAPMEMBER
Trustee or director
1$0
MICHELLE PAO LEVINEMEMBER
Trustee or director
1$0
BARBARA PRICEMEMBER
Trustee or director
1$0
BUD RICHEYMEMBER
Trustee or director
1$0
990 for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
CECE PALAZOLAEXECUTIVE DI
Trustee or director
40$90,000
WILLIAM RYANCHAIR
Trustee or director, Officer
1$0
MATTHEW HARRISONVICE CHAIR
Trustee or director, Officer
1$0
JOSH LITTLEJOHNTREASURER
Trustee or director, Officer
1$0
JULIA HOWELLSECRETARY
Trustee or director, Officer
1$0
MILLIE DUNLAPMEMBER
Trustee or director
1$0
MICHELLE PAO LEVINEMEMBER
Trustee or director
1$0
BARBARA PRICEMEMBER
Trustee or director
1$0
BUD RICHEYMEMBER
Trustee or director
1$0
990 for the year ended July 31, 2023: 12 people
NameTitleHours / weekCompensation
CECE PALAZOLAEXECUTIVE DI
Trustee or director, Officer
40$69,797
MILLIE DUNLAPMEMBER
Trustee or director
1$0
MATT HARRISONVICE CHAIR
Trustee or director
1$0
JULIA HOWELLMEMBER
Trustee or director
1$0
ROBBY LEARDEVELOPMENT
Trustee or director
1$0
MICHELLE PAO LEVINEMEMBER
Trustee or director
1$0
JOSH LITTLEJOHNMEMBER
Trustee or director
1$0
DONNA MACRITREASURER
Trustee or director, Officer
1$0
BARBARA PRICEMEMBER
Trustee or director
1$0
BUD RICHEYMEMBER
Trustee or director
1$0
WILLIAM BILL RYANCHAIR
Trustee or director, Officer
1$0
AMY SPENCERMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4942 WALNUT GROVE RD, MEMPHIS, TN 38117-2724
Principal officer (990 for 2024)
CECE PALAZOLA, 4942 WALNUT GROVE ROAD, MEMPHIS, TN 38117
Signed the 990
CECE PALAZOLA, EXECUTIVE DIRECTOR
Phone
(901) 682-3115
Return prepared by
PATRICK ACCOUNTING AND TAX SERVICES PLLC

Mission

THE SCHOOL SERVES STUDENTS WITH LEARNING DIFFERENCES IN GRADES 6-12 AND PREPARES THEM FOR LIFELONG SUCCESS.

990 for the year ended July 31, 2025

Program accomplishments

  • THE SCHOOL SERVES STUDENTS WITH LEARNING DIFFERENCES IN GRADES 6-12 AND PREPARES THEM FOR LIFELONG SUCCESS.
    Expenses $1,174,203 · revenue $892,446

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
58-1514410
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$569,410
Income (IRS master file)
$1,163,897

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,090,842$1,196,310$569,410XML
990July 2024$1,159,884$1,214,083$691,806XML
990July 2023$1,272,482$1,163,651$726,182XML
990July 2022$1,151,000$1,032,985$617,282IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1514410).

Questions about CONCORD ACADEMY INC

What is the EIN of CONCORD ACADEMY INC?
The employer identification number (EIN) of CONCORD ACADEMY INC is 58-1514410.
Is CONCORD ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to CONCORD ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONCORD ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CONCORD ACADEMY INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CONCORD ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of CONCORD ACADEMY INC?
The 990 for the year ended July 31, 2025 names CECE PALAZOLA.
Who are the officers and directors of CONCORD ACADEMY INC?
The 990 for the year ended July 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $92,000 (CECE PALAZOLA, EXECUTIVE DI).
How much revenue does CONCORD ACADEMY INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,090,842, expenses of $1,196,310 and total assets of $569,410 at year end.

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