MDRC

EIN: 237379473 501(c)(3) Employment

NEW YORK, NY

Total Revenue
$83,947,862
Total Expenses
$84,999,059
Total Assets
$169,599,344
Net Assets
$95,909,255
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
DE
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 WAS FOUNDED IN 1974 SO THAT HIGH-QUALITY RESEARCH AND EVIDENCE COULD PLAY AN IMPORTANT ROLE IN IMPROVING POLICY, PRACTICE, AND THE LIVES OF PEOPLE WHO HAVE LOW INCOMES. WE HOLD TRUE TO THAT COMMITMENT TODAY. A NONPROFIT, NONPARTISAN ORGANIZATION, MDRC CONDUCTS RIGOROUS STUDIES OF PROGRAMS AND POLICIES THAT AFFECT PEOPLE WITH LOW INCOMES, ACTIVELY DISSEMINATES THE LESSONS TO POLICYMAKERS AND PRACTITIONERS, AND WORKS DIRECTLY WITH PROGRAMS AND AGENCIES TO HELP IMPROVE THEIR EFFECTIVENESS. UNDERLYING ALL OUR WORK IS A DEEP RESPECT FOR THE KNOWLEDGE OF ON-THE-GROUND PROGRAM STAFF AND INDIVIDUALS DIRECTLY AFFECTED BY THE PROGRAMS AND POLICIES WE STUDY. OUR DIVERSE, INTERDISCIPLINARY STAFF OF RESEARCHERS AND FORMER EDUCATORS AND PROGRAM OPERATORS SUPPORTED BY EXPERTS IN FINANCE, LAW, TECHNOLOGY, HUMAN RESOURCES, AND COMMUNICATIONS WORK IN COMMUNITIES ACROSS THE COUNTRY, IN A WIDE RANGE OF DOMAINS, INCLUDING PRE-K TO POSTSECONDARY EDUCATION, CRIMINAL JUSTICE, HOUSING, AND JOB TRAINING. WE ARE PROUD TO HAVE OUR EMPLOYEES REPRESENTED BY SOCIAL POLICY WORKERS UNITED (SPWU) LOCAL 57 OF THE AMERICAN FEDERATION OF STATE, COUNTY & MUNICIPAL EMPLOYEES (AFSCME). OVER THE YEARS, MDRC HAS BROUGHT ITS COMMITMENT TO BUILDING STRONG EVIDENCE TO AN EVER-GROWING RANGE OF POLICY AREAS. WE HAVE WORKED IN NEARLY EVERY STATE AND MOST OF THE NATION'S MAJOR CITIES. TODAY WE ARE WORKING ON PROJECTS IN FIVE POLICY AREAS AND FOUR CENTERS: - FAMILY WELL-BEING AND CHILDREN'S DEVELOPMENT - K-12 EDUCATION - POSTSECONDARY EDUCATION - ECONOMIC MOBILITY, HOUSING, AND COMMUNITIES - YOUTH DEVELOPMENT, CRIMINAL JUSTICE, AND EMPLOYMENT - CENTER FOR APPLIED BEHAVIORAL SCIENCE - CENTER FOR DATA INSIGHTS - CENTER FOR CRIMINAL JUSTICE RESEARCH - CENTER FOR EFFECTIVE CAREER AND TECHNICAL EDUCATION WHAT WE BELIEVE - RIGOROUS, NONPARTISAN RESEARCH, ACTIVE DISSEMINATION OF WHAT WE LEARN, AND HANDS-ON TECHNICAL ASSISTANCE CAN PROMOTE MORE EFFECTIVE PUBLIC POLICIES AND PROGRAMS, IMPROVE THE LIVES OF FAMILIES WITH LOW INCOMES, AND ADDRESS STUBBORN INEQUITIES IN OUR SOCIETY. - OUR RESEARCH INDEPENDENCE IS ESSENTIAL TO OUR ABILITY TO ACHIEVE OUR MISSION. WE VALUE INPUT FROM FUNDERS AND OTHER KEY STAKEHOLDERS, BUT, ULTIMATELY, WE MUST BE ABLE TO RELEASE AND DISSEMINATE WHAT WE LEARN, FREE FROM POLITICAL CONSIDERATIONS. - RESEARCH, DISSEMINATION, AND TECHNICAL ASSISTANCE ARE MOST EFFECTIVE WHEN THEY ARE SHAPED BY THE WISDOM OF THE STAFF WHO ADMINISTER PUBLIC SYSTEMS AND PROGRAMS AND OF THE INDIVIDUALS WHO EXPERIENCE THEM. - OUR WORK IS STRONGER WHEN OUR STAFF REPRESENT DIVERSE BACKGROUNDS AND PERSPECTIVES, OUR MANAGEMENT PRACTICES ARE INCLUSIVE, AND OUR ORGANIZATIONAL CULTURE PROMOTES GROWTH, LEARNING, AND INNOVATION. SERVICES WE PROVIDE AT MDRC, WE COLLABORATE WITH PUBLIC AGENCIES, EDUCATIONAL INSTITUTIONS, NONPROFITS, AND OTHER ORGANIZATIONS THAT ARE DEDICATED TO IMPROVING THE LIVES OF INDIVIDUALS, FAMILIES, AND COMMUNITIES. - CONDUCT RESEARCH AND EVALUATIONS: WE DO RESEARCH TO DEFINE POLICY PROBLEMS, UNDERSTAND PROGRAMS AND SYSTEMS AND THE INEQUITIES THEY PRODUCE, AND IDENTIFY PROMISING INTERVENTIONS. WE ALSO RUN INDEPENDENT, RIGOROUS EVALUATIONS TO ASSESS THE IMPACT AND IMPLEMENTATION OF PROGRAMS AND POLICIES. - CREATE AND TEST NEW INTERVENTIONS: WE COLLABORATE TO DESIGN NEW INTERVENTIONS AND TEST THEM IN THE REAL WORLD. - IMPROVE PROGRAMS AND PROCESSES: WE HELP ORGANIZATIONS IMPROVE THEIR PROGRAMS AND PRACTICES, SCALE EFFECTIVE INTERVENTIONS, AND BUILD THEIR CAPACITIES FOR DATA MANAGEMENT AND ANALYSIS. - PROMOTE THE USE OF EVIDENCE IN POLICYMAKING: WE SHARE EVIDENCE-BACKED AND PRACTICAL LESSONS FOR IMPROVING PROGRAMS AND POLICIES WITH POLICYMAKERS AND OTHER KEY DECISIONMAKERS. - DESIGN INNOVATIVE METHODS, APPROACHES, AND TOOLS: WE CREATE NEW METHODOLOGIES AND TOOLS FOR EVALUATION AND DATA ANALYSIS, GENERATE APPROACHES TO ADVANCING EQUITY IN RESEARCH AND TECHNICAL ASSISTANCE, AND PRODUCE PUBLIC USE DATA FILES FROM OUR PROJECTS FOR OTHER RESEARCHERS TO USE. ACHIEVEMENTS IN 2023 MDRC HAD A SUCCESSFUL YEAR IN 2023 WELCOMING MANY TALENTED NEW STAFF, LAUNCHING NEW PROJECTS, PROVIDING TECHNICAL ASSISTANCE TO HELP PROGRAM ADMINISTRATORS IMPROVE THEIR SERVICE DELIVERY, AND DEVELOPING AND RELEASING NEW FINDINGS TO INFORM THE DECISIONS OF POLICYMAKERS AND PROGRAM PROVIDERS. 2023 WAS ALSO A YEAR OF SIGNIFICANT PASSINGS: FOUNDING BOARD MEMBER AND LONG-TIME BOARD CHAIR ROBERT SOLOW, FOUNDING EXECUTIVE DIRECTOR WILLIAM GRINKER, AND LONG-TIME BOARD MEMBER REBECCA BLANK ALL DIED, LEAVING LASTING LEGACIES FOR MDRC AND THE NATION. SOME OF THE HIGHLIGHTS FROM 2023 INCLUDE: MDRC EXPANDED THE GUERON SCHOLARS PROGRAM, WHICH OFFERS PAID INTERNSHIPS FOR UNDERGRADUATES AND MASTER'S-LEVEL STUDENTS AND DOCTORAL FELLOWSHIPS FOR STUDENTS ENGAGED IN DISSERTATION RESEARCH. THE PROGRAM SEEKS TO ENGAGE AND ENCOURAGE INDIVIDUALS FROM GROUPS THAT ARE UNDERREPRESENTED IN THE EDUCATION AND SOCIAL POLICY RESEARCH COMMUNITIES. IN 2023, WE EXPANDED OUR COLLABORATION WITH THE POLICY ACADEMIES, BROUGHT ON MORE INTERNS AND FELLOWS, AND PROVIDED LIVING ACCOMMODATIONS FOR STUDENTS WHO NEED THEM. THE GUERON SCHOLAR PROGRAM HAS SERVED MORE THAN 50 TALENTED YOUNG PEOPLE SINCE ITS CREATION. MDRC PROJECTS EXPANDED THEIR USE OF PARTICIPATORY RESEARCH METHODS IN A VARIETY OF DOMAINS, INCLUDING THE MYGOALS FOR EMPLOYMENT SUCCESS PROJECT, MDRC'S CENTER FOR CRIMINAL JUSTICE RESEARCH, AND IN MDRC'S EARLY CARE AND EDUCATION PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $15,570,735 Revenue: $193,463

FAMILY WELL-BEING AND CHILD DEVELOPMENTFOR DECADES, MDRC HAS BEEN A LEADER IN DEVELOPING AND STUDYING INTERVENTIONS TO IMPROVE OUTCOMES FOR CHILDREN LIVING IN FAMILIES WITH LOW INCOMES. OUR CURRENT...

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FAMILY WELL-BEING AND CHILD DEVELOPMENTFOR DECADES, MDRC HAS BEEN A LEADER IN DEVELOPING AND STUDYING INTERVENTIONS TO IMPROVE OUTCOMES FOR CHILDREN LIVING IN FAMILIES WITH LOW INCOMES. OUR CURRENT WORK IN THIS AREA FOCUSES ON TWO MAIN DOMAINS: EARLY CARE AND EDUCATION (ECE) SYSTEMS AND FAMILY-FOCUSED SERVICE SYSTEMS. IN EARLY CARE AND EDUCATION, WE'VE WORKED WITH PRACTITIONERS TO DEVELOP AND TEST INTERVENTIONS TO IMPROVE CLASSROOM QUALITY, CURRICULUM AND PROFESSIONAL DEVELOPMENT, MATH INTERVENTIONS AND SUPPORTS, EARLY CHILDHOOD ASSESSMENTS, AND P-3 ALIGNMENTAS WELL AS STUDIED WAYS TO SUPPORT AND BUILD THE ECE WORKFORCE. (SEE SCHEDULE O)FAMILY WELL-BEING AND CHILD DEVELOPMENT (CONTINUED):IN FAMILY-FOCUSED SERVICES, MDRC HAS BEEN EVALUATING VARIOUS HOME VISITING MODELS AND HAS BEEN A LEADER IN COCREATING AND STUDYING SERVICES IN FATHERHOOD PROGRAMS.

Program 2
Expenses: $15,261,257 Revenue: $400,543

YOUTH DEVELOPMENT, CRIMINAL JUSTICE, AND EMPLOYMENTMDRC IS TESTING TAILORED INTERVENTIONS FOR YOUNG PEOPLE DISCONNECTED FROM THE WORLDS OF SCHOOL AND WORK, YOUNG PEOPLE AND ADULTS AT RISK OF ENTERING...

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YOUTH DEVELOPMENT, CRIMINAL JUSTICE, AND EMPLOYMENTMDRC IS TESTING TAILORED INTERVENTIONS FOR YOUNG PEOPLE DISCONNECTED FROM THE WORLDS OF SCHOOL AND WORK, YOUNG PEOPLE AND ADULTS AT RISK OF ENTERING THE CRIMINAL JUSTICE SYSTEM, RETURNING CITIZENS REENTERING THEIR COMMUNITIES, AND PEOPLE WITH WORK-LIMITING DISABILITIES. THE FINDINGS OF OUR NEW STUDIES AS THEY EMERGE ARE INTENDED TO EXPAND IMPLEMENTATION OF EFFECTIVE PROGRAMS IN THE DIFFERENT PUBLIC ASSISTANCE, ENFORCEMENT, AND SERVICE DELIVERY SYSTEMS THAT INTERACT WITH POPULATIONS THAT FACE BARRIERS TO EMPLOYMENT.

Program 3
Expenses: $10,948,450 Revenue: $117,989

K-12 EDUCATIONFOR 25 YEARS, MDRC HAS BEEN LEARNING WHAT MAY BE MOST EFFECTIVE TO RAISE THE ACADEMIC ACHIEVEMENT OF YOUNG PEOPLE WHO ARE AT RISK OF FAILING. WE COLLABORATE WITH PUBLIC SCHOOL SYSTEMS...

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K-12 EDUCATIONFOR 25 YEARS, MDRC HAS BEEN LEARNING WHAT MAY BE MOST EFFECTIVE TO RAISE THE ACADEMIC ACHIEVEMENT OF YOUNG PEOPLE WHO ARE AT RISK OF FAILING. WE COLLABORATE WITH PUBLIC SCHOOL SYSTEMS, CHARTER ORGANIZATIONS, AND NATIONAL NONPROFITS TO EVALUATE THEIR PROGRAMS AND TO USE THAT INFORMATION TO HELP THEM DEVELOP EVIDENCE-BASED STRATEGIES FOR CONTINUOUS PROGRAM IMPROVEMENT.

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Trantor Score

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

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

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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
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Financial Distress Indicator

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Governance

Voting Members
15
Independent Members
15
Employees
399
Volunteers
15

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
8
$2,096,777
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
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
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