March of Dimes Inc

Nonprofit profile at a glance

EIN
131846366
IRS 990 coverage
2010–2025
Official website data refreshed
Jun 2026
Forms available
Form 990 2025
Location
Arlington, VA, USA
Phone
1-888-663-4637
Rating
73
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Birth Defects and Genetic Diseases

Official website

Reported finances

Revenue
$85,191,655
Expenses
$84,167,068
Assets
$68,377,921
Liabilities
$54,687,168

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • CYNTHIA H RAHMAN (PRESIDENT/CEO)

Highest reported compensation

  • CYNTHIA H RAHMAN (PRESIDENT/CEO): $488,009 total reported compensation
  • KELLY ERNST (SVP, MARKET IMPACT): $338,880 total reported compensation
  • CANDICE CHRISTOPHER (CFO): $335,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

March of Dimes leads the fight for the health of all moms and babies. These efforts help advance our mission to fight for the health of moms and babies by educating women of childbearing age, their relatives, and those who support them during pregnancy. As a result, in accordance with the Financial Accounting Standards Board (FASB) guidelines and Internal Revenue Service (IRS) guidance, March of Dimes allocates a portion of our fundraising costs to program services. As a nonprofit organization that’s exempt from federal taxation, we ensure our donors’ money is spent as efficiently and effectively as possible. If you have any information related to material issues or improprieties that should be brought to our attention, please call our 24-hour hotline: 1-800-8.

What it reported doing in 2025

Research and medical support - see schedule oresearch and medical supportmarch of dimes launched the Texas collaborative prematurity research center (prc), uniting two world-class institutions to rewrite the future of maternal and infant health. As one of our six prematurity research centers, the Texas collaborative brings together cutting-edge technology with population health research to prevent and treat preterm birth: the university of Texas medical branch at galveston's pregnancy-on-a-chip technology enables studying preterm birth in an in vitro model and acts as a testing system for ai-chosen drugs that may reverse preterm birth. The university of Texas southwestern medical center in dallas began collecting data and learnings to develop tools to treat, predict, and prevent preterm birth. The march of dimes innovation fund added 1 new company to our portfolio: millie, a maternity clinic offering virtual and in-person care from pregnancy through postpartum, using a collaborative model that integrates ob-gyns and certified nurse-midwives. A follow-on investment was made in seven starling, the maternal mental health company that march of dimes first invested in 2024.we delivered care and support to our communities. Our mom & baby mobile health centers gained two new units in southeast Ohio and houston for a total of 7, bringing on-the-ground maternal healthcare where it's needed most, and provided 5,056 visits in 2025. Our nicu family support program served 52,075 families in hospitals nationwide, providing family education, staff training on patient-centered care, and an improved patient experience with the support of march of dimes experts.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 78
  • Accountability: 100
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 74.6%; rating input score 75
  • Fundraising efficiency: $9.5 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 99.7%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: -8.6% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -6.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -7.2% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 74.6% of revenue deployed · 74.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $62.8M in reported program spending
  • Leadership: top reported pay $488K · 29 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.3M reported
  • Consistency: 44 of 46 current checks pass · 2 findings to review
  • Schedules: 10 filed schedules · includes foreign activity, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 34 filed money-flow records
  • Related organizations: 24 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.