Michigan College Access Network
- Assets
- $8.5m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 157
- Location
- Lansing, MI
- Founding
- 10/2008
- Data as of
- 09/2023
- EIN
- 36-4619621
Organization Overview
Michigan College Access Network is located in Lansing, MI. The organization was established in 2008. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 09/2023, Michigan College Access Network employed 157 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan College Access Network 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 09/2023, Michigan College Access Network generated $10.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $10.0m during the year ending 09/2023. While expenses have increased by 7.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Michigan College Access Network has awarded 752 individual grants totaling $11,033,446. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE COLLEGE READINESS, PARTICIPATION, AND COMPLETION IN MICHIGAN, PARTICULARLY AMONG LOW-INCOME STUDENTS, FIRST-GENERATION COLLEGE-GOING STUDENTS, AND STUDENTS OF COLOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVISEMI PLACES AMERICORPS COLLEGE ADVISORS INTO HIGH SCHOOL BUILDINGS TO SUPPORT STUDENTS COMPLETING COLLEGE APPLICATIONS, THE FAFSA,, AND SCHOLARSHIP APPLICATIONS.
OTHER PROGRAM SERVICES INCLUDE COLLEGE ACCESS AND SUCCESS PROGRAMS AND ACTIVITIES WORKING TOWARD THE STATE'S SIXTY BY 30 GOAL.
COLLEGE COMPLETION CORPS PLACES AMERICORPS COMPLETION COACHES INTO TRIBAL AND COMMUNITY COLLEGES TO SUPPORT STUDENTS' RETENTION, PERSISTENCE AND COMPLETION OF A CERTIFICATE OR DEGREE.
DETROIT COLLEGE ACCESS NETWORK (DCAN) IS A COLLABORATIVE NETWORK BETWEEN LOCAL SCHOOLS, ORGANIZATIONS, AND THE COMMUNITY. THE MISSION OF THE NETWORK IS TO PROMOTE HIGHER EDUCATION IN DETROIT AND MAKE A COLLEGE DEGREE OR CREDENTIAL A REALITY FOR STUDENTS IN DETROIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Mcnamara Treasurer | OfficerTrustee | 1 | $0 |
Dave Campbell Member | Trustee | 0.5 | $0 |
David Gamlin Secretary | OfficerTrustee | 1 | $0 |
Greg Handel Member | Trustee | 0.5 | $0 |
Maddy Day Member | Trustee | 0.5 | $0 |
Melissa Isaac Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Public Policy Associates Inc Consulting | 9/29/23 | $150,404 |
Corporation For A Skilled Workforce Consulting | 9/29/23 | $144,625 |
Strategic Solution Partners Strategy Development Consulting | 9/29/23 | $114,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,993,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,577,324 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,571,119 |
| Total Program Service Revenue | $245,138 |
| Investment income | $43,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,860,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $805,987 |
| Grants and other assistance to domestic individuals. | $114,501 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $518,136 |
| Compensation of current officers, directors, key employees. | $41,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,559,065 |
| Pension plan accruals and contributions | $101,504 |
| Other employee benefits | $385,320 |
| Payroll taxes | $312,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $100,666 |
| Fees for services: Lobbying | $26,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,435,073 |
| Advertising and promotion | $10,223 |
| Office expenses | $223,631 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $210,655 |
| Travel | $402,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,629 |
| Insurance | $26,694 |
| All other expenses | $0 |
| Total functional expenses | $9,982,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,850 |
| Savings and temporary cash investments | $2,768,492 |
| Pledges and grants receivable | $4,020,521 |
| Accounts receivable, net | $384,823 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $137,617 |
| Net Land, buildings, and equipment | $39,464 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $877,716 |
| Total assets | $8,454,483 |
| Accounts payable and accrued expenses | $376,967 |
| Grants payable | $248,838 |
| Deferred revenue | $46,251 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,021,672 |
| Total liabilities | $1,693,728 |
| Net assets without donor restrictions | $3,356,851 |
| Net assets with donor restrictions | $3,403,904 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,454,483 |
Grants Awarded
Over the last fiscal year, Michigan College Access Network has awarded $725,007 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION FOR MASON COUNTY PURPOSE: LCAN IMPLEMENTATION GRANT | $60,000 |
OTSEGO COMMUNITY FOUNDATION PURPOSE: LCAN PLANNING GRANT, LCAN IMPLEMENTATION GRANT, INNOVATIVE PROGRAM GRANT | $75,000 |
MICHIGAN STATE UNIVERSITY PURPOSE: COLLEGE ADVISING GRANT | $341,857 |
THE ETIQUETTE SERIES PURPOSE: INNOVATION PROGRAM GRANT | $10,000 |
BIG RAPIDS PUBLIC SCHOOLS PURPOSE: ASPIRE GRANT, COLLEGE PLANNING COURSE GRANT, ACTIVATE GRANT | $17,000 |
ALLENDALE PUBLIC SCHOOLS PURPOSE: ASPIRE GRANT, ACTIVATE GRANT | $15,000 |