INTERMEDIARYED, FORMERLY KNOWN AS ACT, INC. (ACT), WAS ESTABLISHED AS A CORPORATION NOT FOR PECUNIARY PROFIT UNDER THE LAWS OF THE STATE OF IOWA ON AUGUST 23, 1960. THE PURPOSE AND MISSION OF ACT WAS TO ADVANCE EDUCATION BY PROVIDING PROGRAMS, SERVICES, AND CONDUCTING RESEARCH THAT ASSISTS: A) INDIVIDUALS PLANNING AND PURSUING EDUCATION AND TRAINING,B) EDUCATORS DELIVERING INSTRUCTION AND TRAINING, AND C) POLICY MAKERS CONCERNED WITH ENSURING THAT INDIVIDUALS ARE READY FOR EDUCATION AND WORKPLACE SUCCESS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$420.5M
+41.0% YoY
Annual Giving
$115K
-71.9% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$38K
-62.6% YoY
About Intermediaryed
Based on IRS filings
Intermediaryed is a nonprofit organization focused on Education, based in MOUNT VERNON, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $420.5M in total assets. In 2024, it awarded 3 grants totaling $115K. Net investment income was $156.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $420,492,194 | $298,125,051 | $292,875,868 |
| Revenue | $352,493,930 | $240,733,534 | $244,351,090 |
| Expenses | $163,156,369 | $220,024,436 | $256,329,921 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $156,374,289 | $5,410,482 | $5,287,341 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Johnson County ($70,000), Iowa City Community School District Foundation ($40,000), Act Education Assessment Services Inc ($5,452).
| Recipient | Purpose | Amount |
|---|---|---|
| ACT EDUCATION ASSESSMENT SERVICES INC IOWA CITY, IA | GENERAL OPERATING | $5,452 |
| UNITED WAY OF JOHNSON COUNTY CORALVILLE, IA | MATCHING CONTRIBUTION FOR UNITED WAY CAMPAIGN | $70,000 |
| IOWA CITY COMMUNITY SCHOOL DISTRICT FOUNDATION IOWA CITY, IA | 2023-24 GREATEST NEED DONATION | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANET GODWIN | CEO (THRU 04/24) | 40 | $743,850 |
| DANIEL A DOMENECH | CHAIR | 4 | $87,050 |
| ANTHONY MILLER | DIRECTOR | 5 | $74,750 |
| JULIUS W MUIS | DIRECTOR (THRU 07/24) | 7 | $67,250 |
| KAREN CATOR | DIRECTOR | 4 | $61,550 |
| DEB DELISLE | VICE CHAIR | 3 | $60,600 |
| EDUARDO J PADRON | DIRECTOR | 4 | $56,900 |
| RICHARD RHODES | DIRECTOR | 3 | $56,750 |
| SHIRLEY COLLADO | DIRECTOR | 2 | $50,300 |
| JAMIE MERISOTIS | DIRECTOR | 2 | $43,650 |
| RICARDO D TORRES | DIRECTOR | 3 | $12,500 |
| RANJIT SIDHU | EXECUTIVE DIRECTOR (AS OF 05/24) | 40 | $598,725 |
| CURT YEDLIK | CFO & TREASURER | 40 | $383,393 |
| JASON HAPPEL | CORPORATE SECRETARY (09/23-05/24) | 40 | $287,167 |
| EMILY KASIK | CORPORATE SECRETARY (AS OF 05/24) | 40 | $116,807 |
| CHARLES ASTORINO | CHIEF SALES OFFICER | 40 | $415,937 |
| SHANE KING | CHIEF OPERATING OFFICER | 40 | $379,238 |
| ADRIENNE DIEBALL | VP - CONTENT SERVICES & SOLUTIONS | 40 | $321,121 |
| DIANNE HENDERSON | VP - MEASUREMENT INNOVATION | 40 | $397,967 |
| DON WINGERT | VP - IT INFRASTRUCTURE AND SERVICES | 40 | $300,969 |
| CHARLES MERRITT | VP - EA-ADMINISTRATION | 40 | $300,150 |
| CAHNDRASHEKAR JOIS | CHIEF INFORMATION OFFICER | 40 | $319,549 |
| ANDREW TAYLOR | VP - PRODUCT | 40 | $288,850 |
| CHAD P WICK | FORMER DIRECTOR | 5 | $67,744 |
| WALTER BUMPHUS | FORMER DIRECTOR | 3 | $36,600 |
| MICHAEL CLIFTON | FORMER CORPORATE SECRETARY | 40 | $252,875 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Intermediaryed?
Intermediaryed is a nonprofit organization focused on Education, based in MOUNT VERNON, IA. It holds $420.5M in total assets as of 2024.
How large is Intermediaryed?
As of 2024, Intermediaryed holds $420.5M in total assets with $352.5M in annual revenue. It awarded 3 grants totaling $115K in 2024.
Where does Intermediaryed operate?
Intermediaryed has awarded grants in Alabama, Colorado, District of Columbia, Florida, Iowa, Oregon.
What size grants does Intermediaryed award?
In 2024, Intermediaryed awarded 3 grants totaling $115K — an average of about $38K per grant, based on its IRS Form 990 filings.
What is Intermediaryed's EIN?
Intermediaryed's EIN (Employer Identification Number) is 42-0841485. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Intermediaryed's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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