Iowa College Access Network
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Empowering Iowans to achieve lifelong success through education, training, and informed decision-making.
- Income
- $1.2 million
- Spending
- $1.2 million
- Spent on programs
- 78%
- Reserves
- 4.6 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 8
- Volunteers
- 0
- Highest pay
- $146,510, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 50% of charities in its peer group (education, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 4.6 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $894,111 spent. 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 college access professionals. 1,500,000 customer interactions; 3,627 in-office/virtual appointments; 506 presentations/webinars given.
- $20,623 spent. 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. Both also include career and student service organization exhibitors, and breakout sessions on career planning, education/training selection, job outlook and the financial aid process. The Succeed Virtual Fair provides an online networking experience for students with college and universities from across the US.
- $30,497 spent. 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.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.