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Management Leadership for Tomorrow

EIN 52-1795164 · Bethesda, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood82 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MLT ACCELERATES ECONOMIC MOBILITY BY EXPANDING CAREER OPPORTUNITIES FOR INDIVIDUALS AND IMPROVING EMPLOYER PRACTICES TO CREATE INCLUSIVE, MERITOCRATIC WORKPLACES WHERE EVERYONE CAN THRIVE.

Income
$41.9 million
Spending
$41.1 million
Spent on programs
84%
Reserves
3 months of spending
Largest source of income
donations and private grants, 87%
Employees
211
Volunteers
204
Highest pay
$429,828, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 77% of charities in its peer group (education, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.0 months of spending.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 7 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    14 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $22.3 million spent. ECONOMIC 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 STARTING SALARY OF $90,000, WHICH PROVIDES IMMEDIATE ECONOMIC MOBILITY.
  2. $7.8 million spent. MAXIMIZING CAREER TRAJECTORIES TO EXPAND ECONOMIC OPPORTUNITYGETTING A GREAT FIRST JOB IS AN IMPORTANT START, BUT THRIVING FROM THERE REQUIRES STEADILY BUILDING THE EXPERIENCES, MENTORS, AND NETWORKS REQUIRED TO ADVANCE. MLT STAYS WITH INDIVIDUALS THROUGHOUT THEIR CAREERS, HELPING THEM MAINTAIN POSITIVE EARNINGS TRAJECTORIES AND MAXIMIZE THEIR LEADERSHIP INFLUENCE IN AREAS LIKE HIRING, PROMOTION, INVESTMENT, AND OTHER DECISIONS THAT HAVE THE POTENTIAL TO EXPAND ECONOMIC OPPORTUNITY FOR OTHERS. OVER 1,000 MLT ALUMNI HAVE ASCENDED TO SENIOR LEADERSHIP POSITIONS AND THERE ARE OVER 15,000 MLT RISING LEADERS COMING UP BEHIND THEM.
  3. $4.4 million spent. IMPROVING EMPLOYER PRACTICES TO EXPAND ECONOMIC OPPORTUNITYMLT IS A KEY TALENT SOURCE AND TRUSTED ADVISOR TO OVER 200 MAJOR EMPLOYERS THAT COLLECTIVELY EMPLOY OVER 7 MILLION AMERICANS. MLT'S INSIGHTS, FRAMEWORKS, AND BEST PRACTICES HELP EMPLOYERS SIGNIFICANTLY EXPAND THEIR HIRING PIPELINES, IMPROVE THE WAY THEY DEVELOP THEIR NEXT GENERATION OF LEADERS, IMPLEMENT MORE MERITOCRATIC TALENT EVALUATION PRACTICES, IMPROVE THEIR PAY AND BENEFITS PRACTICES TO BETTER SERVE ALL EMPLOYEES, AND MUCH MORE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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