Mdrc
- Assets
- $143.9m
- Revenue
- $93.1m
- Investments
- $18.8m
- Employees
- 392
- Location
- New York, NY
- Founding
- 07/1974
- Data as of
- 12/2021
- EIN
- 23-7379473
Organization Overview
Mdrc is located in New York, NY. The organization was established in 1974. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2022, Mdrc employed 392 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mdrc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mdrc generated $93.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $75.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mdrc has awarded 539 individual grants totaling $42,606,245. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. IN FAMILY-FOCUSED SERVICES, MDRC HAS BEEN EVALUATING VARIOUS HOME VISITING MODELS AND HAS(SEE SCHEDULE O)BEEN A LEADER IN COCREATING AND STUDYING SERVICES IN FATHERHOOD PROGRAMS.
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, EX-PRISONERS 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.
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Terry Long Director/chair (as Of 09/2022) | OfficerTrustee | 1 | $0 |
Mary Jo Bane Past Chair (thru 12/06/2022) | OfficerTrustee | 1 | $0 |
Rebecca Blank Treasurer | OfficerTrustee | 1 | $0 |
Robert Denham Director | Trustee | 1 | $0 |
Aoifinn Devitt Director | Trustee | 1 | $0 |
Ronald Haskins Director (thru 09/2022) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mathematica Policy Research Inc Research Subcontract | 12/30/22 | $6,440,859 |
Rti International Research Subcontract | 12/30/22 | $2,816,815 |
Abt Associates Inc Research Subcontract | 12/30/22 | $4,877,863 |
Mef Associates Research Subcontract | 12/30/22 | $2,018,910 |
Houston Housing Authority Research Subcontract | 12/30/22 | $1,535,714 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,458,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,755,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,213,706 |
| Total Program Service Revenue | $1,435,053 |
| Investment income | $1,526,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $960,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,136,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,958,012 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,811,555 |
| Compensation of current officers, directors, key employees. | $467,663 |
| Compensation to disqualified persons | $216,618 |
| Other salaries and wages | $26,384,693 |
| Pension plan accruals and contributions | $1,625,182 |
| Other employee benefits | $5,418,041 |
| Payroll taxes | $2,023,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $349,812 |
| Fees for services: Accounting | $203,168 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $516,438 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $272,887 |
| Information technology | $4,147,898 |
| Royalties | $0 |
| Occupancy | $3,244,459 |
| Travel | $43,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $252,633 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $714,668 |
| Insurance | $272,469 |
| All other expenses | $1,584,553 |
| Total functional expenses | $75,092,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,974,293 |
| Savings and temporary cash investments | $39,205,922 |
| Pledges and grants receivable | $25,110,149 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,757,378 |
| Net Land, buildings, and equipment | $7,565,518 |
| Investments—publicly traded securities | $46,215,685 |
| Investments—other securities | $18,756,707 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,333,954 |
| Total assets | $143,919,606 |
| Accounts payable and accrued expenses | $16,083,919 |
| Grants payable | $12,811,241 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,742,184 |
| Total liabilities | $37,637,344 |
| Net assets without donor restrictions | $79,806,296 |
| Net assets with donor restrictions | $26,475,966 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $143,919,606 |
Grants Awarded
Over the last fiscal year, Mdrc has awarded $2,063,627 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION FOR CHILDREN PURPOSE: RESTRICTED PURPOSE A | $86,145 |
ARKANSAS STATE UNIVERSITY PURPOSE: RESTRICTED PURPOSE A | $93,288 |
BOARD OF REGENTS NEVADA SYSTEM OF HIGHER EDUCATION PURPOSE: RESTRICTED PURPOSE A | $20,000 |
BRIGHTPOINT PURPOSE: RESTRICTED PURPOSE A | $66,496 |
CENTER FOR FAMILY SERVICES INC PURPOSE: RESTRICTED PURPOSE A | $55,000 |
CHAUTAUQUA OPPORTUNITIES INC PURPOSE: RESTRICTED PURPOSE A | $55,000 |