MDRC (EIN 237379473) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

VIRGINIA KNOX

Phone

2125323200

Tax Period

2023-01-01 to 2023-12-31

MDRC, founded in 1974, is a mid-sized nonprofit in the Employment sector that reported $83.9M in total revenue in fiscal year 2023.

Mission

MDRC IS DEDICATED TO IMPROVING THE WELL-BEING OF LOW-INCOME PEOPLE. (SEE SCHEDULE O) THROUGH OUR RESEARCH, WE SEEK TO ENHANCE THE EFFECTIVENESS OF SOCIAL POLICIES & PROGRAMS THAT AFFECT THE POOR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $79,826,414

Program Service Revenue $955,841

Investment Income $3,165,607

Other Revenue $0

TOTAL REVENUE $83,947,862

Expense Breakdown

Grants Paid $1,474,500

Salaries & Benefits $45,369,655

Fundraising Expenses $2,172

Program Expenses $68,353,321

Other Expenses $38,154,904

TOTAL EXPENSES $84,999,059

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,947,862	$82,765,389	+0.0%
Expenses	$84,999,059	$85,740,416	0.0%
Net Income	$-1,051,197	$-2,975,027	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

399

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,096,777

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIDGET TERRY LONG	DIRECTOR/CHAIR	1.00	Officer Director	$0	$0	$0
REBECCA BLANK	TREASURER (THRU 02/2023)	1.00	Officer Director	$0	$0	$0
ROBERT DENHAM	DIRECTOR	1.00	Director	$0	$0	$0
AOIFINN DEVITT	DIRECTOR	1.00	Director	$0	$0	$0
HILARY HOYNES	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE KATZ	DIRECTOR	1.00	Director	$0	$0	$0
MILTON J LITTLE JR	DIRECTOR AND TREASURER	1.00	Officer Director	$0	$0	$0
JOSH B MCGEE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD J MURNANE	DIRECTOR	1.00	Director	$0	$0	$0
ELOY ORTIZ OAKLEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ROSTER	DIRECTOR	1.00	Director	$0	$0	$0
NAOMI GOLDSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN T GOODEN	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA S KEARNEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN B KING JR	DIRECTOR	1.00	Director	$0	$0	$0
RASHMITA MISTRY	DIRECTOR (AS OF 10/2023)	1.00	Director	$0	$0	$0
VIRGINIA W KNOX	PRESIDENT	40.00	Officer	$577,629	$58,184	$635,813
JESUS M AMADEO	SR. VICE PRESIDENT & CFO	40.00	Officer	$474,585	$59,782	$534,367
DAN J BLOOM - SR VICE PRES	DIR., POLICY, RESEARCH & EVAL. DEPT.	40.00	Officer	$305,331	$70,641	$375,972
ROSE KOB	VICE PRESIDENT & GENERAL COUNSEL	40.00	Officer	$251,854	$20,584	$272,438
JOHN MARTINEZ	VICE PRESIDENT & DIR. PROG. DEV.	40.00	Officer	$243,541	$34,646	$278,187
JAMES A RICCIO	PRINCIPAL RESEARCH FELLOW	40.00	Highest	$260,920	$47,643	$308,563
CHARLES MICHALOPOULOS	CHIEF ECONOMIST	40.00	Highest	$264,924	$36,741	$301,665
PATRICIA WEISS	HR DIRECTOR	40.00	Highest	$242,922	$63,092	$306,014
JOHN HUTCHINS	CHIEF COMMUNICATIONS OFFICER	40.00	Highest	$244,306	$51,802	$296,108
KATE GUALTIERI	CHIEF OF STAFF	40.00	Highest	$237,688	$20,105	$257,793

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$83,947,862	$84,999,059	$169,599,344	$-1,051,197
2022	$82,765,389	$85,740,416	$163,594,084	$-2,975,027
2021	$93,136,568	$75,092,277	$143,919,606	$18,044,291
2021	$93,136,568	$75,092,277	$143,919,606	$18,044,291
2020	$65,579,736	$66,026,292	$118,549,591	$-446,556
2019	$71,668,212	$73,087,851	$112,554,344	$-1,419,639
2018	$69,436,374	$72,361,932	$101,779,979	$-2,925,558

MDRC