Mdrc EIN 23-7379473

Mdrc FY2022 filing

Not yet claimed Claim this org →

Conducts rigorous social policy research and evaluations to help schools and public programs improve the well-being and academic achievement of low-income individuals. For fiscal year 2022 it reported $82.8M in revenue, $85.7M in expenses, and $91.6M in net assets.Pt I

Founded
1974
Type
Public charity (501(c)(3)) · Employment
Location
New York, NY
Website
www.mdrc.org
Filings
5 on file (2020–2022)
Revenue
$82.8MFY2022
Expenses
$85.7M
Net assets
$91.6M
People
29
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7379473 Public charity (501(c)(3)) New York, NY Founded 1974
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Figures match the IRS filing checked 7/7/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Mdrc claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Conducts rigorous social policy research and evaluations to help schools and public programs improve the well-being and academic achievement of low-income individuals.
Leadership
Virginia W Knox · President · $538K
Money in and out
$82.8M revenue, $85.7M expenses
Where the money goes · FY2022
Total revenue
$82.8M
Pt VIII · Ln 12
Total expenses
$85.7M
Pt IX · Ln 25
Net assets
$91.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$3.0M
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18 Fundraising $0.00

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$82.8M
FY2022▼ -11%
Expenses
$85.7M
FY2022▲ +14%
Total assets
$163.6M
FY2022▲ +14%
Total liabilities
$72.0M
FY2022▲ +91%
Total revenue
$82.8M
Pt VIII · Ln 12
Total expenses
$85.7M
Pt IX · Ln 25
Net assets
$91.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$3.0M
Total assetsPt X · Ln 16$163.6M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $46.1M of program spending, described in the organization's own filed words · FY2022.
01

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.

$22.7Mprogram expense
02

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.

$14.6Mprogram expense
03

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…

$8.8Mprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMdrc
EINHdr · item D23-7379473
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.mdrc.org
Year of formationHdr · item L1974
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J200)
Ruling yearIRS BMFJul 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$537,852Pt VII · Sec A
SR. Vice President & CFO
$456,910Pt VII · Sec A
Dir., Policy, Research & Eval. Dept.
$292,384Pt VII · Sec A
Chief Economist
$257,339Pt VII · Sec A
Principal Research Fellow
$248,103Pt VII · Sec A
Vice President & General Counsel
$239,945Pt VII · Sec A
Chief Communications Officer
$234,923Pt VII · Sec A
HR Director
$232,201Pt VII · Sec A

Virginia W Knox’s $578K as President is at the 94th percentile of top reported officer pay among 415 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Virginia W Knox$577,629$537,852$460,846$445,532
Jesus M Amadeo$474,585$456,910$391,346$398,929
Dan J Bloom - SR Vice Pres$305,331$292,384
Dan J Bloom$258,935$272,662
Sharon Rowser Thru 072021$268,123
Charles Michalopoulos$264,924$257,339$232,624$229,588
James a Riccio$260,920$248,103$230,724$233,609
Rose Kob$251,854$239,945$232,994

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mdrc executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$78.7M · 95%
Investment income$2.3M · 3%
Program service revenue$1.8M · 2%
Contributions & grants95%$78.7M
Investment income3%$2.3M
Program service revenue2%$1.8M
— government grantsLn 1e$50.3M
Total revenueLn 12$82.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18 Fundraising $0.00
Program services82%$70.6M
Management & general18%$15.1M
Fundraising$1K
Total functional expensesLn 25$85.7M

Balance Sheet

Part X · end of year
CashLn 1$33.7M
Total assetsLn 16$163.6M
Total liabilitiesLn 26$72.0M
Total net assetsLn 32$91.6M
Months of cash on handcomputed4.7

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$814K
Grants paid · 147 grants · $10.3M · 2020–2023
Houston Housing AuthorityFY2023$419,415
Impact for Equity INCIL · FY2023$289,716
Ascend Stl INCMO · FY2023$250,000
Housing Authority of Baltimore CityFY2023$63,758
Board of Education Fulton CountyFY2023$26,762
Khan Academy INCFY2023$25,000
Washington Student Achievement CouncilFY2023$20,000
The Family PartnershipMN · FY2023$15,000
The Wildflower FoundationMN · FY2023$15,000
ZenoWA · FY2023$15,000
Sesame WorkshopNY · FY2023$15,000
Northwestern UniversityIL · FY2023$15,000
Regents of the University of MinnesotaFY2023$15,000
Davidson-Davie Community CollegeFY2023$10,000
Union County CollegeFY2023$10,000
See all 147 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Mdrc →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$89.3M revenue · ⤓ 990 PDF
FY2023$83.9M revenue · ⤓ 990 PDF
FY2022$82.8M revenue · viewing · ⤓ 990 PDF
FY2021$93.1M revenue · ⤓ 990 PDF
FY2020$65.6M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.