Management Leadership for Tomorrow
Management Leadership for Tomorrow reported $41.9 million in revenue and $41.1 million in expenses for calendar year 2024. Of every $100 it spent, $84.02 went to program services, $9.61 to management and general costs and $6.37 to fundraising. Its largest source of revenue was contributions and grants: 87.1% of the total. The highest compensation it reported for one person was $429,828 (CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 199% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $42MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 6.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 87.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 11.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $429,828 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.05% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseEconomic mobility: strengthening the college-to-career pipelinedespite impressive gains in college access over the years, ~50% of all college graduates are unemployed or in a job that doesn't require a college degree soon after graduation. Graduates from low-income households earn ~15% less in starting salary than peers from households making more than $100,000. Mlt works with thousands of college students each year to expand their economic opportunities by giving them a proven playbook and connecting them with top employers. 98% of mlt fellows secure jobs after graduation with an average…
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Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Director/trustee, officer, 40.00 hrs/week | $397,481 | $0 | $32,347 | $429,828 |
| VP & CHIEF OPERATIONS OFFICER Officer, 40.00 hrs/week | $295,572 | $0 | $32,347 | $327,919 |
| VP & CHIEF ADVISORY OFFICER Highest compensated employee, 40.00 hrs/week | $283,997 | $0 | $32,347 | $316,344 |
| VP & CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $284,828 | $0 | $21,762 | $306,590 |
| VP & CHIEF PARTNERSHIPS OFFICER Key employee, 40.00 hrs/week | $243,798 | $0 | $32,347 | $276,145 |
| MD, PE & ALT ASSETS FELLOWS Highest compensated employee, 40.00 hrs/week | $259,067 | $0 | $12,200 | $271,267 |
| VP & CHIEF STRATEGY OFFICER Highest compensated employee, 40.00 hrs/week | $267,380 | $0 | $2,406 | $269,786 |
| VP & CHIEF ADVANCEMENT OFFICER Officer, 40.00 hrs/week | $262,056 | $0 | $2,406 | $264,462 |
12 people received more than $100,000 in reportable compensation from Management Leadership for Tomorrow (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5211
- Volunteers Part I, line 6204
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| LIVEWORKSTRATEGIZE LLC Career advancement support | $308,000 |
| BERKELEY COACHING INSTITUTE LLC Senior leader fellowship | $233,000 |
| BORIS GUEVARA MOYSTON Consultant for mlt startup & impact fund | $181,350 |
Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.
Private foundation grants it received
18 private foundations reported grants to Management Leadership for Tomorrow totaling $3.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Management Leadership for Tomorrow's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Management Leadership for Tomorrow, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Management Leadership for Tomorrow spent in 2024, $84.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Western Pennsylvania School for Blind ChildrenPittsburgh, PA · revenue $42M · programs 75.6% · FY2025
- Alliance UniversityNew York, NY · revenue $42M · programs 80.8% · FY2023
- The Pennington SchoolPennington, NJ · revenue $42M · programs 74.4% · FY2025
- Lakeland UniversityPlymouth, WI · revenue $42M · programs 88.3% · FY2025
- Mast Community Charter School IIPhiladelphia, PA · revenue $42M · programs 83.0% · FY2025
Questions people ask
How much of Management Leadership for Tomorrow's spending goes to programs?
In calendar year 2024, Management Leadership for Tomorrow reported that 84.0% of its $41.1 million in expenses went to program services, 9.6% to management and general and 6.4% to fundraising (Form 990, Part IX).
How much does Management Leadership for Tomorrow pay its top executive?
The largest total compensation Management Leadership for Tomorrow reported for one person in calendar year 2024 was $429,828, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Management Leadership for Tomorrow get its money?
Of $41.9 million in revenue in calendar year 2024, 87.1% came from contributions and grants and 11.5% from program service revenue (Form 990, Part VIII).
Is Management Leadership for Tomorrow a registered charity?
The IRS lists EIN 52-1795164 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513109349303456 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202422959349300407 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313139349300706 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203149349304535 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133159349306153 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013189349307721 · read the filing
All filings for EIN 52-1795164: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.