ECONOMIC MOBILITY CORPORATION Charity Report

Public IRS 990 nonprofit record

ECONOMIC MOBILITY CORPORATION

EIN 20-8720134 · Management & Technical Assistance - Human Services (P02)

What they do

THE ECONOMIC MOBILITY CORPORATION (MOBILITY) IDENTIFIES, DEVELOPS and EVALUATES PROGRAMS and POLICIES THAT ENABLE DISADVANTAGED INDIVIDUALS to ACQUIRE THE EDUCATION, SKILLS and NETWORKS NEEDED to SUCCEED IN THE LABOR MARKET SO THAT THEY CAN SUPPORT THEMSELVES and THEIR FAMILIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.53%of revenue went to mission work86.4% of expenses · Program services

3.53%of revenue went to fundraising3.3% of expenses

$108.30spent for every $100 of revenueSpending was higher than revenue this year.

11.23%of revenue went to management and office costs10.4% of expenses

$4.55in assets for every $1 spent this yearSome assets cannot be spent right away.

93.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $56,524 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $235,882 for MARK ELLIOTT (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$681,227

Mission workProgram services$637,18193.53% of revenue86.4% of expenses

ManagementOffice and general costs$76,49311.23% of revenue10.4% of expenses

FundraisingAsking for donations$24,0773.53% of revenue3.3% of expenses

Total expenses$737,751108.30% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202486.4% mission

202390.2% mission

202285.1% mission

202182.2% mission

202084.2% mission

201984.1% mission

201883.6% mission

201787.8% mission

Money in and money out

Revenue$681,227

Expenses$737,751

Annual shortfall $56,524 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$637,181 · 86.4% of expenses

Management and office costs$76,493 · 10.4% of expenses

Fundraising$24,077 · 3.3% of expenses

See all reported dollar amounts

Revenue$681,227

Expenses$737,751

Assets$3,360,384

Income$681,227

Contributions$635,064

Mission work (program services)$637,181

Fundraising$24,077

Management and general$76,493

Accounting fees$28,200

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK ELLIOTTPRESIDENT · 40 hrs/week $235,882Base $195,000 · Other $40,882

ANNE RODERVP & SEC/VP FOR RESEARCH & EVALUATION · 40 hrs/week $199,125Base $155,144 · Other $43,981

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

MARK ELLIOTTPRESIDENT

ANNE RODERVP & SEC/VP FOR RESEARCH & EVALUATION

CYNTHIA SHOSSCHAIR OF THE BOARD

MARY PENADIRECTOR

PAUL OSTERMANDIRECTOR

PLINIO AYALATREASURER

About this charity

Recognized since: January 2008
Location: 233 WEST 99TH STREET 7B, NEW YORK, NY 10025
County: New York
In care of: MARK ELLIOTT
Primary officer: MARK ELLIOTT, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(646) 243-8852

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: WEGNER CPAS LLP
NTEE classification: Management & Technical Assistance - Human Services (P02)
IRS tax category: Management & Technical Assistance