Iowa College Access Network is a 501(c)(3) organization based in Hiawatha, Iowa, registered in 2010, with $1,211,062 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.2M
▼ 11.0% vs prior year
Education median: $200K
Expenses (FY2024)
$1.2M
Net assets
$471K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Iowa College Access Network— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Iowa College Access Network: 5 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Iowa College Access Network— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Iowa College Access Network: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $1.0M (FY2021) to $1.2M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$587K
Total liabilities
$116K
Net assets
$471K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,211,062▼11.0% | $1,206,349▲12.9% | $471,072▲1.0% | $586,963▼19.4% | 990 |
| 2023 | $1,360,461▲28.3% | $1,068,345▲0.9% | $466,359▲168% | $728,195▲161% | 990 |
| 2022 | $1,060,679▲3.8% | $1,058,984▲0.1% | $174,243▲1.0% | $278,569▼8.9% | 990 |
| 2021 | $1,021,932 | $1,058,295 | $172,548 | $305,784 | 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.
39 grants to Iowa College Access Network totaling $6.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Educational Credit Management Corporation | Fafsa student support | 2024 | $182,580 |
| Iowa Student Loan Liquidity Corp | General support | 2023 | $685,000 |
| Iowa Student Loan Liquidity Corp | General support | 2022 | $685,000 |
| Iowa Farm Bureau Federation | Targeted programs contribution | 2022 | $25,000 |
| Iowa Student Loan Liquidity Corp | General support | 2021 | $700,000 |
| Iowa Farm Bureau Federation | Targeted programs contribution | 2021 | $25,000 |
| Iowa Student Loan Liquidity Corp | General support | 2020 | $765,000 |
| Iowa Farm Bureau Federation | Targeted programs contribution | 2020 | $25,000 |
| Community Fdn of Greater Des Moines | Student & educator support post covid-19 | 2020 | $2,500 |
| Community Fdn of Greater Des Moines | Purchase of tools to offer 1:1 counseling services for hs seniors across the state exploring postsecondary opportunities and 8th grade transition. | 2020 | $2,370 |
| Community Fdn of Greater Des Moines | Grant distribution for building iowa's future workforce | 2020 | $2,000 |
| Community Fdn of Greater Des Moines | Educator and student support during and post covid 19 | 2020 | $1,000 |
| Community Fdn of Greater Des Moines | Preparing for life after high school - building iowa's future workforce | 2020 | $200 |
| Iowa Student Loan Liquidity Corp | Contribution | 2019 | $900,000 |
| Iowa Farm Bureau Federation | School sponsor program | 2019 | $25,000 |
Explore more
Data for Iowa College Access Network (EIN 27-0915418) 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.