Mdrc

Nonprofit profile at a glance

EIN
237379473
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
New York, NY, United States
Phone
212-532-3200
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$89,342,277
Expenses
$93,933,340
Assets
$157,204,286
Liabilities
$65,177,216

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • VIRGINIA W KNOX (PRESIDENT)
  • JESUS M AMADEO (SR. VICE PRESIDENT & CFO)
  • ROSE KOB (VICE PRESIDENT & GEN COUNSEL)
  • JOHN MARTINEZ (VICE PRESIDENT & DIR. PROG)

Highest reported compensation

  • VIRGINIA W KNOX (PRESIDENT): $709,708 total reported compensation
  • JESUS M AMADEO (SR. VICE PRESIDENT & CFO): $561,307 total reported compensation
  • DAN J BLOOM - SR VICE PRES (DIR., POLICY, RESEARCH & E): $394,644 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

MDRC was founded in 1974 on the idea that high-quality research and evidence can play a vital role in reducing poverty and expanding opportunity in the United States, and continues as a nonprofit, nonpartisan organization conducting rigorous studies of programs and policies affecting people with low incomes, disseminating lessons to policymakers and practitioners, and working directly with programs and agencies to improve effectiveness and efficiency.

What it reported doing in 2024

Information and dissemination: for mdrc's evidence to make a difference in the public policies and practices that affect people with low incomes, it must reach a broad audience. We produce clearly written research reports as well as policy briefs, "how-to" guides and toolkits, interactive tools, infographics, blog posts, commentaries, videos, and podcasts that distill the results of our studies and discuss their implications for policy and practice. We widely disseminate our findings to the media and public interest groups; to government officials and philanthropy; to practitioners and managers in states, localities, education systems, and communities; at professional conferences and in journal articles; through news bulletins e-mailed to more than 14,000 people; via our comprehensive website; through a robust social media presence, particularly on linkedin, facebook, x/twitter, bluesky, and instagram (with a combined 60,000+ followers); and through the provision of hands-on technical assistance to public and nonprofit program operators. We maintain several well-read blogs, including ideas and evidence, the implementation research incubator, reflections on methodology, inpractice, and the future of career and technical education. Mdrc's information and dissemination efforts are funded both by project funds and by its endowment and grants from foundations.program development: mdrc operates more than 100 active projects, funded by government agencies and foundations, through its five policy areas and four centers. Mdrc's program development department works with the policy areas and centers to incubate new work and find supporters to fund it.methodology: mdrc is known for developing and using cutting-edge research methodologies and sharing them with the larger field through journal articles, working papers, tools for researchers, and its reflections on methodology blog. As a demonstration of our commitment to open science and research replicability, mdrc makes available public use data files and restricted use data files from its evaluations for other researchers to access.strategic initiatives: mdrc maintains cross-departmental working groups focused on developing and maintaining corporate strategies related to quantitative methods, implementation research, program operations, and data security, among other important topics.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% 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.

The verdict

STRONG - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 31
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.9%; rating input score 87
  • Program expense ratio: 81.1%; rating input score 81
  • Fundraising efficiency: $21,339.06 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: -5.1%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 13th percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings

Details

  • What they do: 8 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 86.9% of revenue deployed · 81.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 8 filed program accomplishments · $76.2M in reported program spending
  • Leadership: top reported pay $710K · 27 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $11.5M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 6 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 scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.