Civic Intelligence

MDC Inc.

990 • Fiscal year 2018 • EIN 56-0894222

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

Organization ProfileWWW.MDCINC.ORG

View Organization Page

Refreshing map…

307 West Main StreetDurham, NC 27701-3215

(919) 381-5802

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

55th percentile

0.12x

Higher debt load relative to revenue than 55% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

9th percentile

-34%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

4th percentile

-30%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

0.6%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$2,040,080

Down $859,153 (-30%) from 2017

Net Assets

Down

$1,699,940

Down $933,885 (-35%) from 2017

Liabilities

Up

$340,140

Up $74,732 (+28%) from 2017

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin9th percentile

Revenue

Up

$2,721,905

Up $16,979 (+0.6%) from 2017

Expenses

Down

$3,638,660

Down $40,035 (-1.1%) from 2017

Net Income

Up

-$916,755

Up $57,014 (+5.9%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $19,345,472Liabilities 2011: $5,166,547Net Assets 2011: $14,178,9252011Assets 2012: $7,153,645Liabilities 2012: $774,811Net Assets 2012: $6,378,8342012Assets 2013: $3,717,010Liabilities 2013: $375,685Net Assets 2013: $3,341,3252013Assets 2014: $3,657,050Liabilities 2014: $275,717Net Assets 2014: $3,381,3332014Assets 2015: $4,095,852Liabilities 2015: $775,303Net Assets 2015: $3,320,5492015Assets 2016: $4,041,549Liabilities 2016: $537,465Net Assets 2016: $3,504,0842016Assets 2017: $2,899,233Liabilities 2017: $265,408Net Assets 2017: $2,633,8252017Assets 2018: $2,040,080Liabilities 2018: $340,140Net Assets 2018: $1,699,9402018Assets 2019: $2,933,343Liabilities 2019: $270,324Net Assets 2019: $2,663,0192019Assets 2020: $2,532,000Liabilities 2020: $725,145Net Assets 2020: $1,806,8552020Assets 2021: $4,444,816Liabilities 2021: $650,799Net Assets 2021: $3,794,0172021Assets 2022: $15,379,560Liabilities 2022: $1,959,895Net Assets 2022: $13,419,6652022Assets 2023: $16,821,754Liabilities 2023: $556,207Net Assets 2023: $16,265,5472023

Highlighted filing

2018

Assets$2,040,080
Liabilities$340,140
Net Assets$1,699,940
Open 2018 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MRevenue 2011: $9,661,347Expenses 2011: $10,148,753Net Income 2011: -$487,4062011Revenue 2012: $3,433,488Expenses 2012: $11,252,877Net Income 2012: -$7,819,3892012Revenue 2013: $2,495,768Expenses 2013: $5,619,494Net Income 2013: -$3,123,7262013Revenue 2014: $4,199,973Expenses 2014: $4,350,783Net Income 2014: -$150,8102014Revenue 2015: $4,183,155Expenses 2015: $4,172,924Net Income 2015: $10,2312015Revenue 2016: $4,105,334Expenses 2016: $3,881,596Net Income 2016: $223,7382016Revenue 2017: $2,704,926Expenses 2017: $3,678,695Net Income 2017: -$973,7692017Revenue 2018: $2,721,905Expenses 2018: $3,638,660Net Income 2018: -$916,7552018Revenue 2019: $4,290,372Expenses 2019: $3,104,838Net Income 2019: $1,185,5342019Revenue 2020: $2,729,932Expenses 2020: $3,470,043Net Income 2020: -$740,1112020Revenue 2021: $5,223,210Expenses 2021: $3,312,281Net Income 2021: $1,910,9292021Revenue 2022: $15,380,803Expenses 2022: $5,551,859Net Income 2022: $9,828,9442022Revenue 2023: $7,864,295Expenses 2023: $6,111,461Net Income 2023: $1,752,8342023

Highlighted filing

2018

Revenue$2,721,905
Expenses$3,638,660
Net Income-$916,755
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$3,162,139
Mission and Program Overview

Mission

Mdc is a catalyst for equitable change in the south. We strengthen capacity, foster collaboration, and build influence to challenge systemic inequities and create communities where all people thrive. For more than five decades, mdc has advanced equity and equipped southern communities to address longstanding systemic challenges in education, employment, health, and wealth. We pursue this mission through three core areas of work that together accelerate systems change:research and analysismdc conducts rigorous research and analysis to understand the forces shaping opportunity and inequality across the south. We gather and interpret economic, demographic, and social data to tell the story of where the region stands and how it can move forward. Our landmark state of the south reports and related analyses provide the foundation for our work and guide strategies to achieve inclusive and equitable progress.continued on last page of sch o.

To help organizations and communities close the gaps that separate people from opportunity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,305,155$1,145,495▼ $159,660
Pledges and Grants Receivable$1,130,485$388,524▼ $741,961
Investments Other Securities$192,837$250,466▲ $57,629
Savings and Temporary Cash Investments$145,656$164,773▲ $19,117
Land, Buildings, and Equipment, Net$72,693$56,451▼ $16,242
Prepaid Expenses and Deferred Charges$47,115$24,961▼ $22,154
Accounts Receivable$4,144$8,805▲ $4,661
Cash and Non-Interest-Bearing Accounts$1,148$605▼ $543
Total Assets$2,899,233$2,040,080▼ $859,153
Liabilities
Accounts Payable and Accrued Expenses$213,608$283,915▲ $70,307
Grants Payable$51,800$51,800→ $0
Deferred Revenue-$4,425-
Total Liabilities$265,408$340,140▲ $74,732
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,832,764$937,305▼ $895,459
Unrestricted Net Assets$767,586$729,160▼ $38,426
Permanently Rstr Net Assets$33,475$33,475→ $0
Total Net Assets Fund Balance$2,633,825$1,699,940▼ $933,885
Total Liabilities and Net Assets / Fund Balance$2,899,233$2,040,080▼ $859,153

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$56,451$357,887$414,338
Closely Held Equity Interests$250,466--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David L DodsonPresidentFT$189,780$75,025$264,805
Ralph GildehausSenior Program DirectorFT$152,276$33,571$185,847
Julie MooneySenior Program DirectorFT$122,645$31,731$154,376
Terri SmithChief Financial OfficerFT$125,992$26,386$152,378
John MitterlingSenior Director of DevelopmentFT$114,461$18,185$132,646
Richard HartDirector of CommunicationsFT$112,792$7,895$120,687

Board Members and Trustees

NameTitle
Cammie HauptfuhrerChair
Anita Brown-grahamVice-chair
Bill PurcellDirector
Christopher KingDirector
Darrin GossDirector
Juan SepulvedaDirector
Kate NielsenDirector
Kweku ForstallDirector
Leslie WinnerDirector
Marie WashingtonDirector
Stephen BlackDirector
Wendy PuriefoyDirector
Richard MolpusSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
307 W Main Street LLCManagement Company301 W MAIN STREET, Durham, NC 27701$304,916
Revenue and Support

Revenue Composition

Contributions and Grants
$1,850,363
Program Service Revenue
$707,768
Investment Income
$88,917
Other Revenue
$74,857
All Other Contributions
$1,775,366
Change in Net Assets
$-916,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,721,905
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$121,412
Total Revenue per Audited Statements
$2,843,317
Total Revenue per Form 990
$2,721,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,370,537
Other Expenses$1,268,123
Total Fundraising Expense$191,968
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$935,624$102,647-$1,038,271
Current Officers, Directors, Trustees, and Key Employees$544,162$254,404$180,968$979,534
Fees for Services Other$595,969$41,181-$637,150
Occupancy-$291,367-$291,367
Payroll Taxes$110,616$23,604$10,263$144,483
Other Employee Benefits$96,061$14,798$681$111,540
Pension Plan Contributions$86,803$9,850$56$96,709
Travel$58,170$12,225-$70,395
Office Expenses$20,673$48,479-$69,152
Conferences and Meetings$47,439--$47,439
Fees for Services Accounting-$26,800-$26,800
Depreciation Depletion-$16,241-$16,241
Other Expenses$90,046$479-$479
Total Functional Expenses$2,585,563$861,129$191,968$3,638,660

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,741,899
Expenses per Audited Statements$3,638,660
Total Expenses per Form 990$3,638,660
Expenses Not Reported on Form 990$103,239
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 tax return is provided to all members of the mdc board of directors and is reviewed in detail by the finance and audit committee of the board of directors.”

Form 990, Part VI, Section B, Line 15

“An independent consultant is hired each year to provide benchmarking data for employee compensation and to assist the president in the annual internal equity assessment of the organization's salary structure. The consultant is asked to provide benchmark data which includes other non-profits that are comparable to mdc. The consultant uses data from the chronicle of philanthropy, discussions with organizations in the same field of work that mdc is engaged, various non-profit surveys from multiple sources, etc. Data from the outside consultant is shared with the ceo and cfo. The cfo assists with trend data and recommendations for budgeted salary increases and thresholds. Regarding salary compensation for the president, the board of directors' executive committee reviews and recommends annual increases once a year at the spring board meeting.”

Form 990, Part VI, Section C, Line 18

“Mdc makes its 990 available to the public by making the following statements on its mdcinc.org website: "mdc's most recent irs form 990 is available on guidestar. Mdc's 990 is also available upon request by contacting terri smith, mdc's chief financial officer."”

Form 990, Part VI, Section C, Line 19

“Mdc's audited financial statements are available to individual donors, corporations, foundations, and others considering a gift or grant to mdc. Mdc's conflict of interest policy and governing documents are available to anyone upon request of its cfo, terri smith.”

Filing and Contact Details

Filer

Filer Name
Mdc Inc
EIN
56-0894222
Phone
9193815802
Address
307 WEST MAIN STREET, DURHAM, NC 27701-3215

Signing Officer

Name
Terri Smith
Title
Chief Financial Officer
Phone
9193815802
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Dodson
Formed
1967
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
13
Employees
29
Volunteers
0

Preparer

Firm
Koonce Wooten & Haywood Llp
Address
P O BOX 17806, RALEIGH, NC 27619-7806
Preparer
H Lowell Oakley Jr
Phone
9197829265
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fees for services: program service expenses 595,969. Management and general expenses 41,181. Fundraising expenses 0. Total expenses 637,150.”

FORM 990, PART XII, LINE 2C:

“The audit oversight process has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted against rental income on form 990 stmt of revenue 103,239.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted against rental income on form 990 stmt of revenue 103,239.”

Raw XML AppendixShowing 400 of 607 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0213608
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0283915
IRS990/AccountsReceivableGrp/BOYAmt04144
IRS990/AccountsReceivableGrp/EOYAmt08805
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO HELP ORGANIZATIONS AND COMMUNITIES CLOSE THE GAPS THAT SEPARATE PEOPLE FROM OPPORTUNITY.
IRS990/AllOtherContributionsAmt01775366
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERRI SMITH
IRS990/BooksInCareOfDetail/PhoneNum09193815802
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0307 WEST MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0277013215
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01148
IRS990/CashNonInterestBearingGrp/EOYAmt0605
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0180968
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0254404
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0544162
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0979534
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt047439
IRS990/ConferencesMeetingsGrp/TotalAmt047439
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0304916
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0301 W MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DURHAM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd027701
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0307 W MAIN STREET LLC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT COMPANY
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01850363
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt088917
IRS990/CYOtherExpensesAmt01268123
IRS990/CYOtherRevenueAmt074857
IRS990/CYProgramServiceRevenueAmt0707768
IRS990/CYRevenuesLessExpensesAmt0-916755
IRS990/CYSalariesCompEmpBnftPaidAmt02370537
IRS990/CYTotalExpensesAmt03638660
IRS990/CYTotalFundraisingExpenseAmt0191968
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02721905
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt04425
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016241
IRS990/DepreciationDepletionGrp/TotalAmt016241
IRS990/Desc0ASSETS: MDC IS BUILDING AND DEMONSTRATING INTEGRATED SYSTEMS THAT COMBINE TECHNOLOGY, PARTNERSHIPS, TRAINING, AND EXPERTISE TO CONNECT VULNERABLE POPULATIONS WITH AVAILABLE RESOURCES. MDC CREATED AND MANAGES THE BENEFIT BANK OF NORTH CAROLINA (TBB-NC), A STATEWIDE INITIATIVE THAT COMBINES GRASSROOTS OUTREACH AND USE OF THE BENEFIT BANK ONLINE EXPERT SERVICE TO CONNECT ELIGIBLE NORTH CAROLINIANS WITH SUPPORTS. MDC'S WORK SUPPORTS INITIATIVE LEADS OR IS PART OF SEVERAL INTEGRATED SERVICE DELIVERY PROGRAMS IN COMMUNITY COLLEGES AND COMMUNITY-BASED ORGANIZATIONS IN THE SOUTH AND ACROSS THE NATION THAT OFFER LOW-INCOME STUDENTS AND FAMILIES A BUNDLE OF SERVICES THAT INCLUDE WORK AND INCOME SUPPORTS, EMPLOYMENT AND CAREER ADVANCEMENT SERVICES, AND FINANCIAL EDUCATION AND ASSET-BUILDING PROGRAMS THAT HAVE BEEN PROVEN, WHEN LINKED, TO REDUCE POVERTY, INCREASE EDUCATION AND EMPLOYMENT, AND IMPROVE FAMILY ECONOMIC SUCCESS. THOSE INCLUDE THE GREATER GUILFORD NETWORK, WHICH, IN PARTNERSHIP WITH THE UNITED WAY OF GREATER GREENSBORO, IS DESIGNING AND BUILDING A TECHNOLOGY-ENABLED NETWORK OF FAMILY SUCCESS CENTERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt029
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01071996
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026800
IRS990/FeesForServicesAccountingGrp/TotalAmt026800
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041181
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0595969
IRS990/FeesForServicesOtherGrp/TotalAmt0637150
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt751025
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1423690
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt157895
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1630247
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1719731
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1818185
IRS990/Form990PartVIISectionAGrp/PersonNm0ANITA BROWN-GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTOPHER KING
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm3KWEKU FORSTALL
IRS990/Form990PartVIISectionAGrp/PersonNm4CAMMIE HAUPTFUHRER
IRS990/Form990PartVIISectionAGrp/PersonNm5WENDY PURIEFOY
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD MOLPUS
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID L DODSON
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHEN BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm9DARRIN GOSS
IRS990/Form990PartVIISectionAGrp/PersonNm10KATE NIELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm11JUAN SEPULVEDA
IRS990/Form990PartVIISectionAGrp/PersonNm12MARIE WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm13LESLIE WINNER
IRS990/Form990PartVIISectionAGrp/PersonNm14TERRI SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm15RICHARD HART
IRS990/Form990PartVIISectionAGrp/PersonNm16RALPH GILDEHAUS
IRS990/Form990PartVIISectionAGrp/PersonNm17JULIE MOONEY
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN MITTERLING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7213780
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14128688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15112792
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16155600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17134645
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18114461
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18SENIOR DIRECTOR OF DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt049747
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt074997
IRS990/GrantsPayableGrp/BOYAmt051800
IRS990/GrantsPayableGrp/EOYAmt051800
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0386742
IRS990/GrossReceiptsAmt03162139
IRS990/GrossRentsGrp/RealAmt0178096
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt039170
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039170
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0192837
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0250466
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01305155
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01145495
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0357887
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072693
IRS990/LandBldgEquipBasisNetGrp/EOYAmt056451
IRS990/LandBldgEquipCostOrOtherBssAmt0414338
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0336995
IRS990/LessRentalExpensesGrp/RealAmt0103239
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MDC (FORMERLY MANPOWER DEVELOPMENT CORP.) WAS FOUNDED IN 1967 TO HELP NORTH CAROLINA MAKE THE TRANSITION FROM AN AGRICULTURAL TO AN INDUSTRIAL ECONOMY AND FROM A SEGREGATED TO AN INTEGRATED WORKFORCE. AS IT CELEBRATES ITS 50TH ANNIVERSARY, IT HAS EVOLVED INTO A RESEARCH AND HANDS-ON PARTNER THAT HELPS ORGANIZATIONS AND COMMUNITIES CLOSE THE GAPS THAT SEPARATE PEOPLE FROM OPPORTUNITY. FOR 50 YEARS, MDC HAS BEEN CLEARING THE PATHWAYS THAT LEAD TO OPPORTUNITY BY WORKING WITH FOUNDATIONS, NONPROFITS, AND COMMUNITY AND BUSINESS LEADERS, PRIMARILY IN THE SOUTH, TO CREATE SYSTEMIC CHANGE THAT ALLOWS ALL PEOPLE-INCLUDING THOSE STUCK AT THE BOTTOM OF THE INCOME LADDER-TO CONNECT WITH EDUCATION, EMPLOYMENT, AND ECONOMIC SECURITY. WE CENTER OUR WORK ON BUILDING AND STRENGTHENING THE "INFRASTRUCTURE OF OPPORTUNITY"-THE SET OF SYSTEMS AND SUPPORTS OFTEN PRESENT IN MANY COMMUNITIES THAT, ONCE ALIGNED, CAN BOOST YOUNG PEOPLE TO HIGHER RUNGS ON THE ECONOMIC LADDER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02633825
IRS990/NetAssetsOrFundBalancesEOYAmt01699940
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt049747
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt049747
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt074857
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt074857
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt018173
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0291367
IRS990/OccupancyGrp/TotalAmt0291367
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048479
IRS990/OfficeExpensesGrp/ProgramServicesAmt020673
IRS990/OfficeExpensesGrp/TotalAmt069152
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0681
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014798
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt096061
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0111540
IRS990/OtherExpensesGrp/Desc0OTHER DIRECT COSTS
IRS990/OtherExpensesGrp/Desc1OTHER COSTS
IRS990/OtherExpensesGrp/Desc2STAFF TRAINING & DEVELO
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019054
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1479
IRS990/OtherExpensesGrp/ProgramServicesAmt090046
IRS990/OtherExpensesGrp/TotalAmt090046
IRS990/OtherExpensesGrp/TotalAmt119054
IRS990/OtherExpensesGrp/TotalAmt2479
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0935624
IRS990/OtherSalariesAndWagesGrp/TotalAmt01038271
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010263
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023604
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110616
IRS990/PayrollTaxesGrp/TotalAmt0144483
IRS990/PensionPlanContributionsGrp/FundraisingAmt056
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09850
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt086803
IRS990/PensionPlanContributionsGrp/TotalAmt096709
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt033475
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt033475
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01130485
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0388524
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047115
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024961
IRS990/PrincipalOfficerNm0DAVID DODSON
IRS990/PriorPeriodAdjustmentsAmt0-35303
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM CONTRACTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0707768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0707768
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: ALMOST ALL OF MDC'S PROGRAMS HAVE AN EDUCATIONAL COMPONENT-OFTEN INVOLVING COMMUNITY COLLEGES-TO HELP TEENS, YOUNG ADULTS, AND DISPLACED WORKERS IN NEED OF RETRAINING RECEIVE THE SUPPORT THEY NEED TO ATTAIN A DEGREE OR CERTIFICATE THAT CONNECTS THEM WITH A LIVING-WAGE JOB. IN VIRGINIA, MDC IS HELPING THE COMMUNITY COLLEGE SYSTEM TAKE A HOLISTIC APPROACH TO HELP LOW-INCOME STUDENTS REACH FINANCIAL STABILITY THROUGH THE VIRGINIA WORKFORCE SYSTEM. IN FORSYTH COUNTY, N.C., (WINSTON-SALEM) WE ARE MANAGING "GREAT EXPECTATIONS," THE KATE. B. REYNOLDS CHARITABLE TRUST'S $30-40 MILLION, 10- TO 15-YEAR EFFORT TO ENSURE THAT EVERY CHILD ENTERING KINDERGARTEN IS READY FOR LEARNING AND LIFE SUCCESS. IN OUR HOMETOWN OF DURHAM, N.C., WE CREATED, INCUBATED, SPUN-OFF, AND NOW ADVISE "MADE IN DURHAM," AN INITIATIVE INVOLVING TOP PUBLIC, BUSINESS, AND COMMUNITY LEADERS TO CREATE AN EDUCATION-TO-CAREER SYSTEM DESIGNED SO EVERY YOUNG PERSON IN DURHAM HAS THE OPPORTUNITY TO ACHIEVE A POSTSECONDARY CREDENTIAL AND BEGIN A REWARDING CAREER BY THE AGE OF 25. IN OUR RECENT STATE OF THE SOUTH REPORTS, WE FOCUSED ON THE FROZEN ECONOMIC MOBILITY OF YOUNG PEOPLE IN THE REGION, THE WAYS COMMUNITIES ARE BUILDING THEIR INFRASTRUCTURE OF OPPORTUNITY, AND WHAT MORE THEY CAN DO TO MAKE YOUTH ECONOMIC MOBILITY A FOCUSED PERSPECTIVE OF THEIR EDUCATION AND ECONOMIC DEVELOPMENT STRATEGIES. WE SPREAD THE MESSAGES OF STATE OF THE SOUTH TO COMMUNITY, EDUCATION, BUSINESS, AND FOUNDATION LEADERS IN PRESENTATIONS AROUND THE SOUTH AND BEYOND. NEW EDITIONS OF STATE OF THE SOUTH WERE RELEASED IN 2017 AND 2018-THE FIRST ON STRATEGIC "PASSING GEAR" PHILANTHROPY COMMISSIONED BY THE SOUTHEASTERN COUNCIL OF FOUNDATIONS, AND THE SECOND BUILDING ON THE 2014 STATE OF THE SOUTH REPORT WITH CURRENT DATA AND A FOCUS ON THE IMPORTANCE OF ALL SOUTHERNERS HAVING THE OPPORTUNITY TO BELONG, THRIVE, AND CONTRIBUTE TO THEIR COMMUNITIES AND THE REGION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0810418
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0112450
IRS990/ProgSrvcAccomActy3Grp/Desc0WORK: MDC HAS NEARLY 50 YEARS OF EXPERIENCE IN WORKFORCE DEVELOPMENT AT THE LOCAL, STATE, REGIONAL, AND NATIONAL LEVELS, AND ITS CONSISTENT GOAL HAS BEEN TO REMOVE BARRIERS BETWEEN PEOPLE AND JOBS THAT PAY FAMILY-SUSTAINING WAGES. MDC CREATED AND IS LEADING THE NETWORK FOR SOUTHERN ECONOMIC MOBILITY, A GROUP OF SEVEN SOUTHERN COMMUNITIES-- ATHENS, GA., CHATTANOOGA, TENN., GREENVILLE, S.C., JACKSONVILLE, FLA., LITTLE ROCK, ARK., SAVANNAH, GA., AND SPARTANBURG, S.C.-COMMITTED TO INCREASING UPWARD ECONOMIC MOBILITY FOR YOUTH AND YOUNG ADULTS IN THE LOWEST INCOME BRACKETS. THROUGH ON-SITE COACHING, EXPERT PROGRAMMATIC TECHNICAL ASSISTANCE, AND FACILITATED PEER-LEARNING, THE NETWORK IS HELPING COMMUNITIES DEEPEN, ACCELERATE, AND ALIGN STRATEGIC INVESTMENTS BY GOVERNMENT, EDUCATION SYSTEMS, AND EMPLOYERS TO CREATE SYSTEMIC CHANGE THAT POSITIONS YOUTH AND YOUNG ADULTS FOR BETTER JOBS AND ECONOMIC SUCCESS. IN NORTH CAROLINA, MDC IS FOLLOWING-UP ON OUR 2016 REPORT, "NORTH CAROLINA'S ECONOMIC IMPERATIVE: BUILDING AN INFRASTRUCTURE OF OPPORTUNITY," COMMISSIONED BY THE JOHN M. BELK ENDOWMENT, BY HELPING LEADERS UNDERSTAND LOCAL ECONOMIC MOBILITY DATA IN THEIR COMMUNITIES AND CONSIDER HOW THEY MIGHT ADDRESS THE ISSUES RAISED IN THE REPORT, PARTICULARLY IN OUR WORK WITH MYFUTURENC, A COMMISSION OF BUSINESS, POLITICAL, AND HIGHER EDUCATION LEADERS SET A POSTSECONDARY ATTAINMENT GOAL FOR THE STATE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0305211
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0256173
IRS990/ProgSrvcAccomActyOtherGrp/Desc0STRATEGIC PHILANTHROPY: MDC WORKS WITH PLACED-BASED COMMUNITY FOUNDATIONS TO HELP THEM REFOCUS THEIR PHILANTHROPIC PROGRAM SERVICES TO ADDRESS THE ROOT CAUSES OF SOCIAL INEQUITIES AND PERFORMANCE GAPS IN EDUCATION, EMPLOYMENT, ASSET LEVELS, AND HEALTH. THE STATE OF THE SOUTH REPORT RELEASED IN 2017, "PHILANTHROPY AS THE SOUTH'S PASSING GEAR: FULFILLING THE PROMISE," LAID OUT MDC'S METHODOLOGY ON WAYS FOUNDATIONS CAN UTILIZE PASSING GEAR PHILANTHROPY AND HIGHLIGHTED SUCCESSFUL, STRATEGIC PROGRAMS IN THE SOUTH AND THEIR IMPACT. TO DATE, MDC HAS HELPED FOUNDATIONS REFOCUS MORE THAN $1 BILLION IN PHILANTHROPIC ASSETS IN FLORIDA, VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, NEW YORK, AND THE MIDWEST.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0397938
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0306925
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01861597
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt036222
IRS990/PYOtherExpensesAmt01502176
IRS990/PYOtherRevenueAmt067421
IRS990/PYProgramServiceRevenueAmt0739686
IRS990/PYRevenuesLessExpensesAmt0-973769
IRS990/PYSalariesCompEmpBnftPaidAmt02176519
IRS990/PYTotalExpensesAmt03678695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02704926
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-916755
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt074857
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt032220
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0145656
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0164773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01715863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01861597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03691349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02679524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03056876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013005209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0255380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0183746
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0197297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0164743
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0129241
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0930407
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04435538
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40360
IRS990ScheduleA/PublicSupportPY170Pct00.42800
IRS990ScheduleA/PublicSupportTotal170Amt05624605
IRS990ScheduleA/SubstantialContributorsTotAmt07380604
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01715863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01861597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03691349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02679524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03056876
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013005209
IRS990ScheduleA/TotalSupportAmt013935616
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0250466
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,040,080
Liabilities
$340,140
Net assets
$1,699,940
Revenue
$2,721,905
Expenses
$3,638,660
Net income
-$916,755
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$16.8$0.56$16.3$7.86$6.11$1.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$1.96$13.4$15.4$5.55$9.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$0.65$3.79$5.22$3.31$1.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.73$1.81$2.73$3.47$0.74
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.27$2.66$4.29$3.10$1.19
2018Detailed filing. Detailed filing data is available for this year.$2.04$0.34$1.70$2.72$3.64$0.92
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.27$2.63$2.70$3.68$0.97
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.04$0.54$3.50$4.11$3.88$0.22
2015Detailed filing. Detailed filing data is available for this year.$4.10$0.78$3.32$4.18$4.17$0.01
2014Summary only. Only limited summary data is available for this year.$3.66$0.28$3.38$4.20$4.35$0.15
2013Summary only. Only limited summary data is available for this year.$3.72$0.38$3.34$2.50$5.62$3.12
2012Summary only. Only limited summary data is available for this year.$7.15$0.77$6.38$3.43$11.3$7.82
2011Summary only. Only limited summary data is available for this year.$19.3$5.17$14.2$9.66$10.1$0.49