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Human Services : Social Services

Management Leadership for Tomorrow

Unlocking career potential

three stars

87.58

7201 Wisconsin Avenue NW Suite 400
Bethseda, MD 20814
tel: (202) 751-2330   Web Site
EIN: 52-1795164

Board Leadership
Marc Jones
Chair

CEO
John Rice
Founder, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.58 three stars
  Financial 89.40 three stars
  Accountability & Transparency 86.00 three stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Management Leadership for Tomorrow (MLT) is the premier career development institution that equips high potential African Americans, Hispanics, and Native Americans with the key ingredients - skills, coaching and door-opening relationships - that unlock their potential. By cracking the code on career potential, MLT is developing the next generation of minority leaders, for the corporate, non-profit and entrepreneurial sectors, who will in turn have transformational impact on our communities.

Management Leadership for Tomorrow (MLT) is the premier career development institution that equips high potential African Americans, Hispanics, and Native Americans with the key ingredients - skills, coaching and door-opening relationships - that unlock their potential. By cracking the code on career potential, MLT is developing the next generation of minority leaders, for the corporate, non-profit and entrepreneurial sectors, who will in turn have transformational impact on our communities.

Impact Information

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Financial

three stars

89.40

Accountability & Transparency

three stars

86.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.9%
  Administrative Expenses 10.1%
  Fundraising Expenses 6.8%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.25
  Program Expenses Growth 11.0%
  Liabilities to Assets 39.7%
All data for Financial Performance Metrics calculations was provided by Management Leadership for Tomorrow on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Management Leadership for Tomorrow on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Management Leadership for Tomorrow (MD) 87.58 three stars
Per Scholas (NY) 93.35 four stars
Goodwill of Orange County (CA) 90.01 four stars
Goodwill of Silicon Valley (CA) 90.74 four stars
JVS (CA) 90.92 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,401,404
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $10,401,404
   Program Service Revenue $1,110,467
Total Primary Revenue $11,511,871
   Other Revenue $-2,053
TOTAL REVENUE $11,509,818
   
EXPENSES  
   Program Expenses $8,568,401
   Administrative Expenses $837,960
   Fundraising Expenses $673,518
TOTAL FUNCTIONAL EXPENSES $10,079,879
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,429,939
   
Net Assets $2,442,396

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
College Programs $3,463,462 40.4%
MBA Program $2,951,057 34.4%
Rising Leader Executive Program $2,153,882 25.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 02/01/2019 87.58 three stars
2016-12 05/01/2018 83.00 three stars
2015-12 07/01/2017 90.38 four stars
2014-12 02/01/2017 86.56 three stars
2014-12 06/01/2016 83.28 three stars
 
CN 2.0
2014-12 03/01/2016 85.88 three stars
2013-12 08/01/2015 70.80 two stars
2012-12 08/01/2014 81.76 three stars
2011-12 08/01/2013 70.56 two stars
2010-12 11/06/2012 71.14 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1795164
Name in IRS Master File MANAGEMENT LEADERSHIP FOR TOMORROW
NTEE Code B60
NTEE Classification Adult, Continuing Education
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (123) Discussion groups, forums, panels lectures, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$51,394 0.50% E. John Rice Jr Founder, CEO
Other Salaries of Note
$190,512 1.89% Lance Matthiesen VP, Partnerships
$184,754 1.83% Kevin Donahue VP, Growth Strategy
$175,135 1.73% Mark Taguchi West Coast Managing Director
$172,968 1.71% Damian Saccocio VP, Information Technology
$171,131 1.69% Cristal Baron VP, Finance & Operations
$159,986 1.58% Catherine Carrington Chief Of Staff

Highly Rated

Charity Name & State Overall Score Overall Rating
Management Leadership for Tomorrow (MD) 87.58 three stars
Morgan Memorial Goodwill Industries (MA) 86.59 three stars
Millionair Club Charity (WA) 92.24 four stars
Jewish Vocational Service of Boston (MA) 91.51 four stars
Upwardly Global (CA) 88.97 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Management Leadership for Tomorrow
7201 Wisconsin Avenue NW
Suite 400
Bethseda, MD 20814
tel: (202) 751-2330
fax: (202) 244-6400
EIN: 52-1795164

Visit Web Site

Board Leadership

Marc Jones
Chair

CEO

John Rice
Founder, CEO

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