Act Inc

Organization Overview

Act Inc is located in Iowa City, IA. The organization was established in 1966. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 08/2021, Act Inc employed 1,147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Act Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Act Inc generated $243.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $249.7m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Act Inc has awarded 68 individual grants totaling $15,751,691. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HELPING PEOPLE ACHIEVE EDUCATION AND WORKPLACE SUCCESS

Describe the Organization's Program Activity:

EDUCATION ASSESSMENT PROGRAM - ACT'S EDUCATION ASSESSMENT PROGRAM IS DESIGNED AND DEVELOPED TO INFORM INDIVIDUALS (AND THOSE HELPING THEM) ABOUT THE KNOWLEDGE AND SKILLS NEEDED FOR SUCCESS IN EDUCATION AND EVENTUALLY CAREER. INFORMATION RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS ENABLE INDIVIDUALS TO PREPARE THEMSELVES FOR A NEXT LEVEL OF EDUCATION AND/OR TRAINING. THE ASSESSMENTS PROVIDE EDUCATORS AND TRAINERS WITH INFORMATION USEFUL IN GUIDING THEIR TEACHING AND INSTRUCTION. COLLECTIVELY, DATA RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS FACILITATES RESEARCH ON EFFECTIVE EDUCATIONAL PRACTICES OF VALUE TO NATIONAL, STATE AND LOCAL EDUCATORS AND POLICY MAKERS.


WORKFORCE DEVELOPMENT ASSESSMENT PROGRAM - ACT'S 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.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$579,745
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$265,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$844,745
Total Program Service Revenue$238,136,012
Investment income $2,042,622
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,576,286
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $243,598,338

Grants Awarded

Over the last fiscal year, Act Inc has awarded $158,500 in support to 5 organizations.

Grant RecipientAmount

UNITED WAY OF JOHNSON COUNTY

Org PageRecipient Profile

Coralville, IA

PURPOSE: MATCHING CONTRIBUTION FOR UNITED WAY CAMPAIGN

$53,000

IOWA CITY AREA DEVELOPMENT GROUP INCORPORATED

Org PageRecipient Profile

Iowa City, IA

PURPOSE: GENERAL OPERATING

$45,000

UNITED NEGRO COLLEGE FUND INC

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL OPERATING

$25,000

Coralville, IA

PURPOSE: COMMUNITY DEVELOPMENT PROJECT - SPONSORSHIP

$25,000

AMERICAN INDIAN COLLEGE FUND

Org PageRecipient Profile

Denver, CO

PURPOSE: GENERAL OPERATING

$10,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Act Inc has recieved totaling $75,000.

Awarding OrganizationAmount
Michael & Susan Dell Foundation

Austin, TX

PURPOSE: VENDOR (ACT) ASSESSMENT ROSTER FOR ED-FI 3.X ASSESSMENT OUTCOMES

$75,000
View Grant Recipient Profile

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