Intermediaryed
89% goes to programs $0 to raise $100 Strong reserves Growing revenue
Intermediaryed is a 501(c)(3) organization based in Mount Vernon, Iowa, registered in 1966, with $352,493,930 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
Po Box 28, Mount Vernon, IA, 52314 EIN 42-0841485 Since 1966
Revenue (FY2023)
$352.5M
▲ 46.4% vs prior year
Education median: $200K
Expenses (FY2023)
$163.2M
Net assets
$416.7M
Employees
972
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Intermediaryed: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Intermediaryed: 31 mo reserves · +54% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Intermediaryed: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Intermediaryed: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Helping people achieve education and workplace success
What they do
Workforce development assessment program - the workforce development assessment program is complementary of its education assessment program in that it focuses on helping individuals to acquire the skills that they need for success in the workplace. the program is a component part of the overall education process and helps individuals to understand the skills they will need to be ready for workplace related education and training programs. the assessments are used widely by educators and trainers to prescribe and provide instructional interventions for those individuals. collectively, data resulting from the administration of the assessments enables research on national, state, and regional skill gaps in the labor pool and facilitates decisions and strategies for addressing them.
Contact & location
- Address
- Po Box 28, Mount Vernon, IA, 52314
- City
- Mount Vernon
- State
- Iowa
- Category
- Education
- Subcategory
- Educational Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $328.8M (FY2013) to $352.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.7MNet assets $416.7M
Operating margin
53.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$420.5M
Total liabilities
$3.7M
Net assets
$416.7M
Salaries & benefits
$65.8M
40% of expenses
Board members
9
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $352,493,930▲46.4% | $163,156,369▼25.8% | $416,748,794▲68.8% | $420,492,194▲41.0% | 990 |
| 2022 | $240,733,534▼1.5% | $220,024,436▼14.2% | $246,941,143▲9.8% | $298,125,051▲1.8% | 990 |
| 2021 | $244,351,090▲0.3% | $256,329,921▲2.7% | $224,901,247▼9.6% | $292,875,868▼11.4% | 990 |
| 2020 | $243,598,338▲1.2% | $249,697,766▼17.1% | $248,786,363▼4.0% | $330,613,737▼26.4% | 990 |
| 2019 | $240,694,476▼20.4% | $301,274,476▼10.6% | $259,271,593▼35.0% | $448,903,923▼21.0% | 990 |
| 2018 | $302,301,198▼13.5% | $337,150,769▲2.7% | $399,008,128▼11.8% | $568,415,093▼5.6% | 990 |
| 2017 | $349,414,082▼1.1% | $328,152,865▼8.0% | $452,541,391▲1.7% | $602,208,846▲3.2% | 990 |
| 2016 | $353,302,009▼1.1% | $356,716,974▲6.5% | $444,800,294▲0.3% | $583,397,875▲7.6% | 990 |
| 2015 | $357,274,515▲2.3% | $334,898,158▼1.4% | $443,356,051▲4.2% | $542,058,962▲2.7% | 990 |
| 2014 | $349,239,475▲6.2% | $339,518,826▲6.5% | $425,398,774▼3.0% | $527,915,702▼0.5% | 990 |
| 2013 | $328,772,147 | $318,851,013▲1.9% | $438,500,238▲7.1% | $530,638,419▲4.2% | 990 |
| 2012 | — | $312,985,734▲4.8% | $409,398,391▲2.2% | $509,217,424▲1.4% | 990 |
| 2011 | — | $298,624,541▲22.1% | $400,709,766▲9.0% | $501,993,190▲10.5% | 990 |
| 2010 | — | $244,529,681▲2.7% | $367,517,603▲20.7% | $454,190,773▲15.7% | 990 |
| 2009 | — | $238,211,142 | $304,457,236 | $392,693,266 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Janet Godwin — $743,850 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Janet Godwin | Ceo (thru 04/24) | 40 | $743,850 |
| Ranjit Sidhu | Executive Director (as of 05/24) | 40 | $598,725 |
| Charles Astorino | Chief Sales Officer | 40 | $415,937 |
| Dianne Henderson | Vp - Measurement Innovation | 40 | $397,967 |
| Curt Yedlik | Cfo & Treasurer | 40 | $383,393 |
| Shane King | Chief Operating Officer | 40 | $379,238 |
| Adrienne Dieball | Vp - Content Services & Solutions | 40 | $321,121 |
| Cahndrashekar Jois | Chief Information Officer | 40 | $319,549 |
| Don Wingert | Vp - It Infrastructure and Services | 40 | $300,969 |
| Charles Merritt | Vp - Ea-administration | 40 | $300,150 |
| Andrew Taylor | Vp - Product | 40 | $288,850 |
| Jason Happel | Corporate Secretary (09/23-05/24) | 40 | $287,167 |
| Michael Clifton | Former Corporate Secretary | 40 | $252,875 |
| Emily Kasik | Corporate Secretary (as of 05/24) | 40 | $116,807 |
| Daniel A Domenech | Chair | 4 | $87,050 |
| Anthony Miller | Director | 5 | $74,750 |
| Chad P Wick | Former Director | 5 | $67,744 |
| Julius W Muis | Director (thru 07/24) | 7 | $67,250 |
| Karen Cator | Director | 4 | $61,550 |
| Deb Delisle | Vice Chair | 3 | $60,600 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ncs Pearson | Data Processing | $24,509,786 |
| Amazon Web Services LLC | Data Processing/storage | $4,541,568 |
| Federal Express Corp | Delivery Services | $3,698,317 |
| Startek Inc | Call Center - Customer Care | $2,947,610 |
| Hcl Technologies Limited | It/software Services | $2,442,195 |
Grants received · $3.9M total
7 grants to Intermediaryed totaling $3.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ecmc Foundation | Cross sector collaboration | 2023 | $500,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $30,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| New Schools Fund | Ed tech | 2019 | $147,000 |
| Helios Education Foundation | Education/strategic | 2014 | $3,200,424 |
| Graduate Management Admission Council | To sponsor the conference on test security. | 2014 | $5,000 |
Grants made · $115K in FY2023
3 grants totaling $115K in FY2023. All grants made by Intermediaryed →
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Johnson & Washington Counties Inc | Matching contribution for united way campaign | $70,000 |
| Foundation For the Iowa City Community School District | 2023-24 greatest need donation | $40,000 |
| Act Education Assessment Services Inc | General operating | $5,452 |
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Frequently asked questions
- Is Intermediaryed a legitimate nonprofit?
- Yes. Intermediaryed is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0841485, based in Mount Vernon, Iowa. Donations are tax-deductible.
- What is Intermediaryed's EIN?
- Intermediaryed's Employer Identification Number (EIN) is 42-0841485.
- How much revenue does Intermediaryed report?
- Intermediaryed reported $352,493,930 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Intermediaryed's spending goes to programs?
- Intermediaryed spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Intermediaryed have?
- CharityIndex grades Intermediaryed A, based on program efficiency and fundraising cost.
- How much does Intermediaryed's highest-paid employee make?
- The highest reported compensation on Intermediaryed's latest Form 990 is $743,850, paid to Janet Godwin (Ceo (thru 04/24)).
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Data for Intermediaryed (EIN 42-0841485) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.