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Employer Identification Number 47-1073442

MCKINSEY SOCIAL INITIATIVE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MCKINSEY SOCIAL INITIATIVE
Employer identification number (EIN):47-1073442
EIN Issuing AuthorityInternet
NAIC Classification:624310
NAIC Description:Vocational Rehabilitation Services
401k Pension/Benefits registration MCKINSEY SOCIAL INITIATIVE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementOur mission is to develop solutions to pressing global social problems. Our current focus is two-fold:to empower young people to build thriving,sustainable careers and to provide employers the highly-skilled, motivated talent they need.
Number of Employees71
Number of Volunteers10
Year Formed2014

Organization Governance

Legal DomicileDC
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,609,141
Program Service Revenue from current yearUSD $ 1,980,335
Investment Income from prior yearUSD $ 306
Investment Income from current yearUSD $ 39,460
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 34,440,470
Net assets / fund balances at end of fiscal yearUSD $ 33,757,877
Net assets / fund balances at beginning of fiscal yearUSD $ 31,259,202
Total liabilities at end of fiscal yearUSD $ 1,613,000
Total liabilities at beginning of fiscal yearUSD $ 937,556
Total assets at end of fiscal yearUSD $ 35,370,877
Total assets at beginning of fiscal yearUSD $ 32,196,758
Revenues less expenses for current yearUSD $ 2,493,858
Revenues less expenses for previous yearUSD $ -9,919,539
Total expenses for current yearUSD $ 31,946,612
Total expenses for previous yearUSD $ 27,876,241
Other expenses in current yearUSD $ 6,869,689
Other expenses in previous yearUSD $ 5,694,297
Total fundraising expenses in current yearUSD $ 472,714
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,467,052
Employee salary and benefits paid in previous yearUSD $ 8,929,410
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 14,609,871
Grants and similar amounts paid in previous yearUSD $ 13,252,534
Total revenue in current fiscal yearUSD $ 34,440,470
Total revenue in previous fiscal yearUSD $ 17,956,702
Contributions and grants from current yearUSD $ 32,420,675
Contributions and grants from previous yearUSD $ 16,347,255
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 889,695
Program Service Revenue from current yearUSD $ 1,609,141
Investment Income from prior yearUSD $ 8,973
Investment Income from current yearUSD $ 306
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 17,956,702
Net assets / fund balances at end of fiscal yearUSD $ 31,259,202
Net assets / fund balances at beginning of fiscal yearUSD $ 39,660,637
Total liabilities at end of fiscal yearUSD $ 937,556
Total liabilities at beginning of fiscal yearUSD $ 2,071,883
Total assets at end of fiscal yearUSD $ 32,196,758
Total assets at beginning of fiscal yearUSD $ 41,732,520
Revenues less expenses for current yearUSD $ -9,919,539
Revenues less expenses for previous yearUSD $ 21,717,728
Total expenses for current yearUSD $ 27,876,241
Total expenses for previous yearUSD $ 22,230,617
Other expenses in current yearUSD $ 5,694,297
Other expenses in previous yearUSD $ 5,274,627
Total fundraising expenses in current yearUSD $ 442,013
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,929,410
Employee salary and benefits paid in previous yearUSD $ 7,541,519
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 13,252,534
Grants and similar amounts paid in previous yearUSD $ 9,414,471
Total revenue in current fiscal yearUSD $ 17,956,702
Total revenue in previous fiscal yearUSD $ 43,948,345
Contributions and grants from current yearUSD $ 16,347,255
Contributions and grants from previous yearUSD $ 43,049,677
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 757,300
Program Service Revenue from current yearUSD $ 889,695
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 8,973
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 43,948,345
Net assets / fund balances at end of fiscal yearUSD $ 39,660,637
Net assets / fund balances at beginning of fiscal yearUSD $ 17,944,690
Total liabilities at end of fiscal yearUSD $ 2,071,883
Total liabilities at beginning of fiscal yearUSD $ 1,359,803
Total assets at end of fiscal yearUSD $ 41,732,520
Total assets at beginning of fiscal yearUSD $ 19,304,493
Revenues less expenses for current yearUSD $ 21,717,728
Revenues less expenses for previous yearUSD $ 2,908,581
Total expenses for current yearUSD $ 22,230,617
Total expenses for previous yearUSD $ 23,230,827
Other expenses in current yearUSD $ 5,274,627
Other expenses in previous yearUSD $ 7,897,435
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,541,519
Employee salary and benefits paid in previous yearUSD $ 8,434,187
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 9,414,471
Grants and similar amounts paid in previous yearUSD $ 6,899,205
Total revenue in current fiscal yearUSD $ 43,948,345
Total revenue in previous fiscal yearUSD $ 26,139,408
Contributions and grants from current yearUSD $ 43,049,677
Contributions and grants from previous yearUSD $ 25,382,108
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 757,300
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 26,139,408
Net assets / fund balances at end of fiscal yearUSD $ 17,944,690
Net assets / fund balances at beginning of fiscal yearUSD $ 15,036,109
Total liabilities at end of fiscal yearUSD $ 1,359,803
Total liabilities at beginning of fiscal yearUSD $ 921,264
Total assets at end of fiscal yearUSD $ 19,304,493
Total assets at beginning of fiscal yearUSD $ 15,957,373
Revenues less expenses for current yearUSD $ 2,908,581
Revenues less expenses for previous yearUSD $ 3,329,872
Total expenses for current yearUSD $ 23,230,827
Total expenses for previous yearUSD $ 11,108,520
Other expenses in current yearUSD $ 7,897,435
Other expenses in previous yearUSD $ 4,408,382
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,434,187
Employee salary and benefits paid in previous yearUSD $ 4,404,591
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 6,899,205
Grants and similar amounts paid in previous yearUSD $ 2,295,547
Total revenue in current fiscal yearUSD $ 26,139,408
Total revenue in previous fiscal yearUSD $ 14,438,392
Contributions and grants from current yearUSD $ 25,382,108
Contributions and grants from previous yearUSD $ 14,438,392
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 14,438,392
Net assets / fund balances at end of fiscal yearUSD $ 15,036,109
Net assets / fund balances at beginning of fiscal yearUSD $ 11,706,237
Total liabilities at end of fiscal yearUSD $ 921,264
Total liabilities at beginning of fiscal yearUSD $ 516,778
Total assets at end of fiscal yearUSD $ 15,957,373
Total assets at beginning of fiscal yearUSD $ 12,223,015
Revenues less expenses for current yearUSD $ 3,329,872
Revenues less expenses for previous yearUSD $ 523,312
Total expenses for current yearUSD $ 11,108,520
Total expenses for previous yearUSD $ 10,375,728
Other expenses in current yearUSD $ 4,408,382
Other expenses in previous yearUSD $ 7,980,600
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,404,591
Employee salary and benefits paid in previous yearUSD $ 2,395,128
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,295,547
Total revenue in current fiscal yearUSD $ 14,438,392
Total revenue in previous fiscal yearUSD $ 10,899,040
Contributions and grants from current yearUSD $ 14,438,392
Contributions and grants from previous yearUSD $ 10,899,040
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 9,029,151
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 9,029,151
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 1,572,812
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 1,387,860
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 2,960,672
Revenues less expenses for current yearUSD $ 2,541,873
Revenues less expenses for previous yearUSD $ 913,466
Total expenses for current yearUSD $ 6,487,278
Total expenses for previous yearUSD $ 161,534
Other expenses in current yearUSD $ 5,455,387
Other expenses in previous yearUSD $ 161,534
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,031,891
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 9,029,151
Total revenue in previous fiscal yearUSD $ 1,075,000
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 1,075,000

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 471073442

USA Location Address
1200 19TH STREET NW
SUITE 910
WASHINGTON
DC
20026
Date first seen: 2009-01-01
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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