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Human Services : Social Services

Management Leadership for Tomorrow

Unlocking career potential

88.53

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 88.53
  Financial 85.37
  Accountability & Transparency 93.00
This rating was published 09/01/2021 and includes data from FY2019, 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.

Financial

85.37

Accountability & Transparency

93.00

This rating was published 09/01/2021 and includes data from FY2019, 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)
82.0%
  Administrative Expenses 9.4%
  Fundraising Expenses 8.4%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.57
  Program Expenses Growth 3.7%
  Liabilities to Assets 22.2%
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) 88.53
Goodwill Industries of Houston (TX) 85.92
Uplift Northwest (WA) 90.76
WHW (CA) 87.92
Goodwill Industries of Southeastern Wisconsin (WI) 89.39

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,904,139
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,858,608
   Related Organizations $0
   Government Grants $0
Total Contributions $11,762,747
   Program Service Revenue $2,862,615
Total Primary Revenue $14,625,362
   Other Revenue $-617,944
TOTAL REVENUE $14,007,418
   
EXPENSES  
   Program Expenses $9,878,759
   Administrative Expenses $1,162,916
   Fundraising Expenses $1,092,686
TOTAL FUNCTIONAL EXPENSES $12,134,361
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,873,057
   
Net Assets $6,240,333

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
MBA Program $3,630,729 36.8%
College Programs $3,229,083 32.7%
Rising Leader Executive Program $2,228,707 22.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 09/01/2021 88.53
2018-12 05/01/2020 89.36
2017-12 11/01/2019 91.01
2016-12 05/01/2018 83.00
2015-12 07/01/2017 90.38
2014-12 02/01/2017 86.56
2014-12 06/01/2016 83.28
 
CN 2.0
2014-12 03/01/2016 85.88
2013-12 08/01/2015 70.80
2012-12 08/01/2014 81.76
2011-12 08/01/2013 70.56
2010-12 11/06/2012 71.14

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
$186,259 1.53% E. John Rice Jr. Founder, CEO
Other Salaries of Note
$206,154 1.69% Lance Matthiesen VP, Partnerships
$187,965 1.54% Kevin Donahue VP Growth Strategy

Highly Rated

Charity Name & State Overall Score Overall Rating
Management Leadership for Tomorrow (MD) 88.53
The Cara Program (IL) 89.37
Per Scholas (NY) 93.41
Dress for Success Houston (TX) 90.58
Goodwill Industries of Houston (TX) 85.92

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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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