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Concurrent Technologies Corporation

Johnstown, PA · EIN 25-1556708 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Concurrent Technologies Corporation reported $101.3 million in revenue and $98.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.43 went to program services, $11.04 to management and general costs and $1.53 to fundraising. Its largest source of revenue was contributions and grants: 91.4% of the total. Government grants made up 91.4%. The highest compensation it reported for one person was $738,974 (Board Member/President/CEO). 206 people received more than $100,000 in reportable compensation. Revenue rose 57% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $99M

For context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $101M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 192 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.4%83.2%
Management & general
Part IX 25(C) ÷ 25(A)
11.0%15.5%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
91.4%51.6%
Government grants share of revenue
Part VIII 1e ÷ 12
91.4%3.2%
Program service revenue share
Part VIII 2g ÷ 12
7.4%19.2%
Highest reported compensation
Part VII-A, columns D–F
$738,974$513,729
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.75%1.72%
People paid over $100,000
Part VII, line 2
20627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.314.7
Independent voting board members
Part VI 1a–1b
9 of 1094.3%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$16M expenses · 18.8% of program spending · revenue $17M

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…

$9.6M expenses · 11.1% of program spending · revenue $9.3M

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…

$8.1M expenses · 9.4% of program spending · revenue $8.6M

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…

$52M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Board Member/President/CEO
Director/trustee, officer, 40.00 hrs/week
$699,322$0$39,652$738,974
Former Executive Vice Pres/COO
Former, 40.00 hrs/week
$447,159$0$36,864$484,023
Vice Pres/CFO/Treasurer
Officer, 40.00 hrs/week
$354,666$0$40,461$395,127
Vice Pres, Engineering Div
Officer, 40.00 hrs/week
$341,913$0$25,180$367,093
Vice Pres, Readiness Div
Officer, 40.00 hrs/week
$322,991$0$25,442$348,433
Vice Pres, Res & Sustain Div
Officer, 40.00 hrs/week
$276,982$0$42,631$319,613
Chief Ethics & Compliance
Highest compensated employee, 40.00 hrs/week
$279,028$0$26,982$306,010
Vice Pres, Information Tech Div
Officer, 40.00 hrs/week
$246,893$0$37,233$284,126

206 people received more than $100,000 in reportable compensation from Concurrent Technologies Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$101M$99M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$101M$99M87.4%$68M$738,974
FY2024 ⓘ$103M$97M86.8%$64M$642,550
FY2023 ⓘ$85M$82M86.7%$56M$714,750
FY2022 ⓘ$79M$75M85.9%$52M$648,813
FY2021 ⓘ$70M$69M86.0%$51M$429,757
FY2020 ⓘ$65M$62M85.1%$47M$393,836

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5459

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Par Systems LLC
Custom manufacturing & automation soluti
$6,389,020
Sain Engineering
Energy consulting and engineering svcs
$3,133,256
HII Mission Technologies
Engineering and defense technologies
$2,404,964
Nikon SLM Solutions NA
Manufacturer Hardware Add Mfg
$1,944,000
Risk Mitigation Consulting Inc
Information technology services
$1,868,102

Individuals listed as contractors are left out. 28 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Concurrent Technologies Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Concurrent Technologies Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Concurrent Technologies Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Concurrent Technologies Corporation reported that 87.4% of its $98.7 million in expenses went to program services, 11.0% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Concurrent Technologies Corporation pay its top executive?

The largest total compensation Concurrent Technologies Corporation reported for one person in the fiscal year ending June 30, 2025 was $738,974, for the role of Board Member/President/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Concurrent Technologies Corporation get its money?

Of $101.3 million in revenue in the fiscal year ending June 30, 2025, 91.4% came from contributions and grants (including 91.4% from government grants) and 7.4% from program service revenue (Form 990, Part VIII).

Is Concurrent Technologies Corporation a registered charity?

The IRS lists EIN 25-1556708 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202523179349304757 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433119349302258 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303179349303410 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213069349302401 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133139349304438 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043189349308429 · read the filing

All filings for EIN 25-1556708: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.