Iowa College Access Network EIN 27-0915418

Iowa College Access Network

EIN  27-0915418 Higher education institution Hiawatha, IA
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Size
$1–10M
What they do
Helps Iowans succeed through education, training, and smart choices.
Leadership
Rob Miller · Executive Director · $133K
Money in and out
$1.2M revenue, $1.2M expenses
Bottom line
0% operating surplus

Helps Iowans succeed through education, training, and smart choices. For fiscal year 2025 it reported $1.2M in revenue, $1.2M in expenses, and $471K in net assets.Pt I

Financial scale & money flow · FY2025
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.15 Fundraising $0.06
Operating surplus
0%
revenue over expenses, this legal entity▼ -98% vs prior filing year
Payroll share
70%
of this entity's spending is salaries & benefits▼ -6% vs prior filing year
Program spending
78%
of expenses reach program services▲ +6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.2M
FY2025▼ -11%
Expenses
$1.2M
FY2025▲ +13%
Total assets
$587K
FY2025▼ -19%
Total liabilities
$116K
FY2025▼ -56%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$587K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $945K of program spending, described in the organization's own filed words · FY2024.
01

Ican Centers

Providing tools and resources to help students with all aspects of planning and preparing for the academic social and financial aspects of life after high school. Services include One-to-one personalized advising sessions, community presentations, planning tools and resources, and professional development opportunities for career and…

$894Kprogram expense
02

Fafsa Ready Iowa

This is a program where trained volunteers and ICAN staff provide free on-site assistance to students and families in completing the FAFSA (Free Application for Federal Student Aid). Through the program assistance was provided in completing 4,455 FAFSA forms.

$30Kprogram expense
03

Ican Provides Three College Fairs

Golden Circle College Fair, ICR Future Career and College Fair, and the Succeed Virtual College Fair, and the Succeed Virtual College Fair. Golden Circle and ICR Future provide an opportunity for colleges and universities to display relevant information through exhibits and direct interaction with attendees.

$21Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIowa College Access Network
EINHdr · item D27-0915418
Principal addressHdr · item CHiawatha, IA
WebsiteHdr · item Jwww.icansucceed.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B02)
Ruling yearIRS BMFAug 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$133,469Pt VII · Sec A
VP of Programs
$117,429Pt VII · Sec A
Board Member - Vice Chair/Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member - Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member - Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Rob Miller’s $133K as Executive Director is at the 55th percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Rob Miller$133,469$128,542$126,327$121,694
Erick Danielson$117,429

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 93%
Program service revenue$79K · 7%
Investment income$9K · 1%
Contributions & grants93%$1.1M
Program service revenue7%$79K
Investment income1%$9K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.15 Fundraising $0.06
Program services78%$945K
Management & general15%$185K
Fundraising6%$76K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$569K
Total assetsLn 16$587K
Total liabilitiesLn 26$116K
Total net assetsLn 32$471K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $569K · Operating expenses/yr $1.2M
5.7 months
Where the money goes
Program services
Program services $945K · Total expenses $1.2M
78%
Management & General
Management & general $185K · Total expenses $1.2M
15%
Fundraising
Fundraising $76K · Total expenses $1.2M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $85K · Solicited contributions (3-yr avg) $1.0M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.2M
93%
Government reliance
Government grants $0 · Total revenue $1.2M
0%
Earned-income share
Program service revenue $79K · Total revenue $1.2M
7%
Investment reliance
Investment income $9K · Total revenue $1.2M
+1%
Program self-sufficiency
Program service revenue $79K · Total expenses $1.2M
7%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.4M
-11%
Net-asset trend (YoY)
End of year $471K · Beginning of year $466K
+1%
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.2M
0%
Liabilities-to-Assets
Total liabilities $116K · Total assets $587K
20%
Net-asset ratio
Net assets $471K · Total assets $587K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $587K
0%
People & payroll
Highest Reported Total Compensation
Individual Rob Miller · Reported title Executive Director · Highest reported compensation $133K · Total expenses $1.2M
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $841K · Total expenses $1.2M
70%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 15%
Fundraising cost ratio 7%
Revenue growth -11%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$868K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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