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Nonprofit · EIN 23-7379473

MDRC

Tax-exempt · NEW YORK, NY 10281

Financials

$83.9M$85M2023$89.3M$93.9M2024
Revenue Expenses · by fiscal year end
Financials of MDRC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$89,342,277$93,933,340-$4,591,063$157,204,286$65,177,216$92,027,070
December 31, 2023990$83,947,862$84,999,059-$1,051,197$169,599,344$73,690,089$95,909,255
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$83,670,444
of which government grants
$35,539,401
Program service revenue
$878,757
Investment income
$4,793,076
Net gain from sales of assets
$1,121,055
Other revenue
$0

Expenses

Grants and similar amounts paid
$719,903
Compensation of officers, directors and key employees
$2,003,622
Other salaries and wages
$35,365,606
Salaries, compensation and benefits (total)
$47,993,033
Professional fundraising fees
$0
Legal fees
$522,718
Occupancy
$3,861,436
Travel
$739,195
Depreciation
$654,452
Program services (functional)
$76,167,314
Management and general (functional)
$17,762,105
Fundraising (functional)
$3,921

Balance sheet and other

Total assets, start of year
$169,599,344
Total assets, end of year
$157,204,286
Total liabilities, end of year
$65,177,216
Net assets, end of year
$92,027,070
Land, buildings and equipment
$5,605,515
Publicly traded securities
$51,073,188
Net assets without donor restrictions
$71,174,204
Net assets with donor restrictions
$20,852,866
Gross receipts
$123,472,112
Employees
361
Volunteers
17
Year formed
1974
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
VIRGINIA W KNOXPRESIDENT
Officer
40$646,301$63,407
JESUS M AMADEOSR. VICE PRESIDENT & CFO
Officer
40$497,884$63,423
DAN J BLOOM - SR VICE PRESDIR., POLICY, RESEARCH & E
Officer
40$318,947$75,697
PATRICIA WEISSHR DIRECTOR
Highest-paid employee
40$254,320$67,539
JAMES A RICCIOPRINCIPAL RESEARCH FELLOW
Highest-paid employee
40$267,817$50,297
JOHN HUTCHINSCHIEF COMMUNICATIONS OFFIC
Highest-paid employee
40$259,495$54,742
CHARLES MICHALOPOULOSCHIEF ECONOMIST
Highest-paid employee
40$273,830$38,626
JOHN MARTINEZVICE PRESIDENT & DIR. PROG
Officer
40$264,564$37,515
ROSE KOBVICE PRESIDENT & GEN COUNSEL
Officer
40$265,174$22,250
KATE GUALTIERICHIEF OF STAFF
Highest-paid employee
40$251,155$21,189
BRIDGET TERRY LONGDIRECTOR/CHAIR
Trustee or director, Officer
1$0$0
ROBERT DENHAMDIRECTOR
Trustee or director
1$0$0
AOIFINN DEVITTDIRECTOR
Trustee or director
1$0$0
HILARY HOYNESDIRECTOR
Trustee or director
1$0$0
LAWRENCE KATZDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
MILTON J LITTLE JRDIRECTOR AND TREASURER
Trustee or director, Officer
1$0
JOSH B MCGEEDIRECTOR
Trustee or director
1$0
RICHARD J MURNANEDIRECTOR
Trustee or director
1$0
ELOY ORTIZ OAKLEYDIRECTOR
Trustee or director
1$0
MICHAEL ROSTERDIRECTOR
Trustee or director
1$0
NAOMI GOLDSTEINDIRECTOR
Trustee or director
1$0
SUSAN T GOODENDIRECTOR
Trustee or director
1$0
MELISSA S KEARNEYDIRECTOR
Trustee or director
1$0
JOHN B KING JRDIRECTOR
Trustee or director
1$0
RASHMITA MISTRYDIRECTOR
Trustee or director
1$0
CANDICE C JONESDIRECTOR (BEG 07/24)
Trustee or director
1$0
CYNTHIA OSBORNEDIRECTOR (BEG 09/24)
Trustee or director
1$0
990 for the year ended December 31, 2023: 26 people
NameTitleHours / weekCompensationOther / benefits
VIRGINIA W KNOXPRESIDENT
Officer
40$577,629$58,184
JESUS M AMADEOSR. VICE PRESIDENT & CFO
Officer
40$474,585$59,782
DAN J BLOOM - SR VICE PRESDIR., POLICY, RESEARCH & EVAL. DEPT.
Officer
40$305,331$70,641
JAMES A RICCIOPRINCIPAL RESEARCH FELLOW
Highest-paid employee
40$260,920$47,643
PATRICIA WEISSHR DIRECTOR
Highest-paid employee
40$242,922$63,092
CHARLES MICHALOPOULOSCHIEF ECONOMIST
Highest-paid employee
40$264,924$36,741
JOHN HUTCHINSCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$244,306$51,802
JOHN MARTINEZVICE PRESIDENT & DIR. PROG. DEV.
Officer
40$243,541$34,646
ROSE KOBVICE PRESIDENT & GENERAL COUNSEL
Officer
40$251,854$20,584
KATE GUALTIERICHIEF OF STAFF
Highest-paid employee
40$237,688$20,105
BRIDGET TERRY LONGDIRECTOR/CHAIR
Trustee or director, Officer
1$0$0
REBECCA BLANKTREASURER (THRU 02/2023)
Trustee or director, Officer
1$0$0
ROBERT DENHAMDIRECTOR
Trustee or director
1$0$0
AOIFINN DEVITTDIRECTOR
Trustee or director
1$0$0
HILARY HOYNESDIRECTOR
Trustee or director
1$0$0
LAWRENCE KATZDIRECTOR
Trustee or director
1$0$0
MILTON J LITTLE JRDIRECTOR AND TREASURER
Trustee or director, Officer
1$0$0
JOSH B MCGEEDIRECTOR
Trustee or director
1$0$0
RICHARD J MURNANEDIRECTOR
Trustee or director
1$0$0
ELOY ORTIZ OAKLEYDIRECTOR
Trustee or director
1$0$0
MICHAEL ROSTERDIRECTOR
Trustee or director
1$0$0
NAOMI GOLDSTEINDIRECTOR
Trustee or director
1$0$0
SUSAN T GOODENDIRECTOR
Trustee or director
1$0$0
MELISSA S KEARNEYDIRECTOR
Trustee or director
1$0$0
JOHN B KING JRDIRECTOR
Trustee or director
1$0$0
RASHMITA MISTRYDIRECTOR (AS OF 10/2023)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 VESEY ST FL 23, NEW YORK, NY 10281-5511
In care of
% JESUS AMADEO
Principal officer (990 for 2024)
VIRGINIA KNOX, 200 VESEY STREET 23RD FLOOR, NEW YORK, NY 102812103
Signed the 990
JESUS M AMADEO, SENIOR VICE PRESIDENT
Phone
(212) 532-3200
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $17,914,955 · grants $20,000 · revenue $380,806
  • 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.
    Expenses $16,903,147 · grants $6,000 · revenue $250,417
  • 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.
    Expenses $13,353,682 · revenue $150,772
  • ECONOMIC MOBILITY, HOUSING, AND COMMUNITIESLONG REGARDED AS THE PREMIER INVESTIGATOR OF POLICIES TO IMPROVE THE LIVES OF FAMILIES PARTICIPATING IN PUBLIC BENEFITS PROGRAMS, MDRC HAS BROUGHT ITS PROGRAM DEVELOPMENT SKILLS AND REPUTATION FOR METHODOLOGICAL RIGOR TO THE CHALLENGE OF LEARNING HOW BEST TO IMPROVE THE ECONOMIC HEALTH OF WORKERS AND COMMUNITIES. THE CONCENTRATION OF POVERTY AND AN ASSOCIATED LACK OF ACCESS TO GOOD JOBS, AFFORDABLE HOUSING, QUALITY GOODS AND SERVICES, AND ECONOMIC AND POLITICAL RESOURCES PRESENTS SPECIAL CHALLENGES FOR IMPROVING THE PROSPECTS OF RESIDENTS OF NEIGHBORHOODS WITH HIGH POVERTY RATES. MDRC HAS EVALUATED A NUMBER OF "PLACE-BASED" PROJECTS THAT ADDRESSED URBAN POVERTY AND JOBLESSNESS. WE ARE ALSO EVALUATING A NUMBER OF HOUSING CHOICE VOUCHER REFORMS, HELPING TO IMPROVE THE NATION'S PRINCIPAL HOUSING ASSISTANCE PROGRAMS.
    Expenses $7,286,457 · grants $673,903
  • POSTSECONDARY EDUCATIONPOLICYMAKERS AND THE PHILANTHROPIC SECTOR HAVE FOCUSED NEW EFFORTS ON INCREASING STUDENT PERSISTENCE AND ACHIEVEMENT IN POSTSECONDARY EDUCATION. MDRC HAS IDENTIFIED THE MOST EFFECTIVE PROGRAMS DEVELOPED BY OTHERS, HELPED REPLICATE THOSE PROGRAMS IN NEW CONTEXTS, AND ASSISTED COMMUNITIES AND INSTITUTIONS IN DEVELOPING NEW INTERVENTIONS BASED ON THE EVIDENCE DEVELOPED IN THE STUDIES AVAILABLE. WE ARE NOW FOCUSED ON HELPING STATES AND HIGHER EDUCATION INSTITUTIONS ADOPT AND SCALE THE MORE SUCCESSFUL INTERVENTIONS THAT HAVE BEEN DEVELOPED AND TESTED.
    Expenses $7,066,732 · revenue $11,311
  • 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.
    Expenses $6,916,920 · grants $10,000 · revenue $15,567
  • CENTER FOR DATA INSIGHTSTHE CENTER FOR DATA INSIGHTS FURTHERS MDRC'S LONG-STANDING COMMITMENT TO HELPING ORGANIZATIONS WITH WHICH WE COLLABORATE THEIR PROGRAMS AND SYSTEMS BY HARNESSING THE BENEFITS OF OPERATIONAL DATA-SCIENCE TECHNIQUES THOSE THAT PRODUCE ACTIONABLE INSIGHTS THAT CAN AFFECT DAILY PRACTICE. RANGING FROM SIMPLE DESCRIPTIVE SUMMARIES TO ADVANCED MACHINE LEARNING ALGORITHMS, THE CENTER'S PROJECTS AIM TO USE INSTITUTIONS' INCREASINGLY RICH DATA TO PROVIDE NEW INSIGHTS THAT CAN HELP THEM REFINE AND TARGET THEIR SERVICES.
    Expenses $3,735,890 · revenue $18,579
  • CENTER FOR APPLIED BEHAVIORAL SCIENCE (CABS)TOO OFTEN, PROGRAMS AND POLICIES DO NOT CONSIDER THE WAY PEOPLE ACTUALLY THINK AND BEHAVE. IT IS OFTEN ASSUMED THAT THOSE MOST IN NEED WILL FIND A WAY TO OVERCOME OBSTACLES, BUT BEHAVIORAL SCIENCE DEMONSTRATES THAT EVEN SMALL HASSLES CREATE BARRIERS THAT PREVENT THOSE IN NEED OF SERVICES FROM RECEIVING THEM. APPLYING THESE INSIGHTS CAN IMPROVE THE WAY PROGRAMS ARE DESIGNED AND SERVICES ARE DELIVERED. CABS HAS COLLABORATED WITH MORE THAN 100 AGENCIES, EDUCATIONAL INSTITUTIONS, AND NONPROFITS IN 26 STATES TO DEVELOP AND TEST BEHAVIORAL INTERVENTIONS TO IMPROVE OUTCOMES FOR CLIENTS AND STUDENTS.
    Expenses $2,989,531 · grants $10,000 · revenue $51,305

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7379473
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J200)
Assets (IRS master file)
$157,204,286
Income (IRS master file)
$123,472,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$89,342,277$93,933,340$157,204,286IRS
990-TDecember 2024–––IRS
990December 2023$83,947,862$84,999,059$169,599,344XML
990-TDecember 2023–––IRS
990December 2022$82,765,389$85,740,416$163,594,084IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7379473).

Questions about MDRC

What is the EIN of MDRC?
The employer identification number (EIN) of MDRC is 23-7379473.
Is MDRC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to MDRC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MDRC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MDRC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MDRC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MDRC?
The 990 for the year ended December 31, 2024 names VIRGINIA KNOX.
Who are the officers and directors of MDRC?
The 990 for the year ended December 31, 2024 lists 27 people; 10 received compensation from the organization, the highest $646,301 (VIRGINIA W KNOX, PRESIDENT).
How much revenue does MDRC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $89,342,277, expenses of $93,933,340 and total assets of $157,204,286 at year end.

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