Overview
What is Mdrc?
MDRC is a nonprofit research organization committed to enhancing the effectiveness of social policies and programs for low-income communities. Based on their description in the provided information, MDRC's mission is to explore what works to improve the well-being of underprivileged individuals. Through comprehensive research and active dissemination of findings, they aim to optimize policies and initiatives that cater to the needs of the economically disadvantaged population.
Official website here: www.mdrc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mdrc has achieved an impressive Four-Star rating from Charity Navigator, reflecting their strong performance in accountability and finance. This high score indicates that the organization operates with a solid framework for financial management and transparency, crucial for donors seeking to support trustworthy nonprofits. The organization's metrics demonstrate excellent practices, including a fully independent board and efficient financial oversight.
The charity excels in maintaining a high level of accountability, with 100% of its board members being independent. Furthermore, they show no material diversion of assets and maintain a robust conflict of interest policy, ensuring that organizational integrity is upheld. The financial health is also commendable, with an 80.84% program expense ratio, indicating that the majority of funds are directed towards their programs rather than administrative costs.
While the organization displays a commendable commitment to transparency and responsible financial management, it is essential for potential donors to consider the impact of the programs funded by these strong financial practices. Continuous monitoring and evaluation of program outcomes will further enhance their credibility and effectiveness in achieving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mdrc legitimate?
Mdrc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mdrc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,753,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,387,846
For more financial information, click here
Official website here: www.mdrc.org
What is the mission statement of Mdrc?
MDRC is a research organization committed to improving the lives of low-income individuals. Their mission is to identify effective solutions for enhancing social policies and programs that benefit this demographic. Through rigorous research and dissemination of findings, MDRC aims to make a positive impact on the well-being of low-income communities. Their work encompasses a wide range of social issues and focuses on optimizing the efficiency of various initiatives. By staying informed on what works, MDRC contributes to the ongoing effort to address the unique challenges faced by low-income populations.
Official website here: www.mdrc.org
Who is the CEO of Mdrc?
Virginia Knox is the Principal Officer of Mdrc.
Official website here: www.mdrc.org
What is the revenue of Mdrc?
Mdrc's revenue in 2022 was $82,765,389.
Official website here: www.mdrc.org
Who are the executives of Mdrc and what are their salaries?
The average compensation at Mdrc during 2022 was $79,441. There are 392 employees and 15 volunteers at Mdrc.
Here are 29 key members and their salaries:
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- Other: $18,881
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- Other: $1,546
Official website here: www.mdrc.org
Where can I find the form 990 for Mdrc?
Mdrc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mdrc.org
Learn more at the official website: www.mdrc.org
Mission Statement of Mdrc
MDRC, a dedicated organization, is committed to improving the well-being of low-income individuals. They pursue this mission through meticulous research, aiming to enhance the effectiveness of social policies and programs that significantly impact the lives of the economically disadvantaged. By disseminating their findings widely, MDRC strives to foster improvements in policies and programs that aim to uplift the living conditions of low-income communities.
At the core of MDRC's work lies a strong belief in the power of knowledge and evidence to bring about positive change. The organization's researchers delve deep into various aspects of social policy and program implementation, evaluating their successes and challenges. Through rigorous data analysis and evidence-based research, they uncover best practices and innovative solutions that can help improve the lives of low-income individuals.
MDRC's commitment to knowledge dissemination is as crucial as its research efforts. The organization takes an active role in sharing its findings with various stakeholders, including policymakers, program administrators, and the public. This open and collaborative approach to knowledge sharing allows MDRC's research to inform and influence policy decisions and program implementation, ultimately leading to more effective and targeted interventions for low-income communities.
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Impact
October, 2024
MDRC has a significant impact on the well-being of low-income individuals by conducting rigorous research that informs social policies and programs. Through its studies, MDRC identifies effective strategies and practices that can enhance the lives of those in poverty. By actively communicating its findings, MDRC helps to refine and improve the implementation of policies aimed at addressing the challenges faced by low-income populations. Their focus on evidence-based solutions contributes to more effective employment programs, thereby fostering economic stability and improving overall quality of life for vulnerable communities.
This information is meant to be a general summary of Mdrc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,305,412
- Program Service Revenue: $1,809,578
- Gross Receipts: $102,925,999
Assets and Liabilities:
- Total Assets: $163,594,084
- Total Liabilities: $71,955,357
- Net Assets: $91,638,727
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,809,578
Organization Details
Founding Year
1974
Phone
(212) 532-3200Principal Officer
Virginia Knox
Main Address
200 VESEY STREET 23RD FLOOR, NEW YORK, NY, 102812103
Website
www.mdrc.orgNTEE Category
Code: J200 - Employment
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