Cause IQ organization profile

Act

Form 990s | Financials | Vendors | Personnel | Peers

Act is a social advocacy organization based in Iowa City, IA that was founded in 1960. As of 2017 they had $353 million in revenue and $583 million in assets.

ACT Centers offer computer-based certification and licensure, skill testing and training services to businesses and to individuals looking to boost their employability, and to distance learning institutions.

EIN:
42-0841485
Location:
Iowa City, IA
Type:
501(c)(3)
NTEE:
B90: Educational Services and Schools
Revenue:
$353,302,009
Assets:
$583,397,875
Employees:
1,347
Founded:
1960

Form 990s for Act

Fiscal year endingDate received by IRSFormPDF link
2017-08Oct 16, 2018990 PDF
2016-08Oct 26, 2017990 PDF
2015-08Oct 17, 2016990 PDF
2014-08Jul 9, 2015990 PDF
2013-08Jul 3, 2014990 PDF
...and three more Form 990 PDFs

Financials for Act

Revenues

Field2017
Federated campaigns$0
Membership dues$0
Fundraising event contributions$0
Related organizations$0
Government grants (contributions)$0
Normal grants, contributions, etc.$130,000
Non-cash contributions$0
Program services$332,322,393
Investment income and dividends$9,203,709
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$11,645,907
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$353,302,009

Expenses

Field2017
Grants to govts. and orgs. in USA$3,754,661
Grants to individuals in USA$0
Grants to govts., orgs., and individuals outside USA$0
Benefits paid to or for members$0
Compensation of current officers, etc.$4,605,290
Compensation not included above, to disqualified persons$0
Non-officer salaries and wages$94,365,129
Pension/retirement accruals and contributions$8,317,644
Other employee benefits$12,266,910
Payroll taxes$6,804,962
Management fees$0
Legal fees$2,129,688
Accounting fees$244,012
Lobbying fees$492,405
Pro. fundraising fees$0
Investment mgmt fees$1,028,152
Other fee-for-service$104,354,224
Advertising and promotion$2,159,460
Office expenses$25,701,780
Information tech. expenses$15,761,809
Royalty expenses$1,013,867
Occupancy$4,923,541
Travel$6,738,486
Public official travel and entertainment$0
Conferences, meetings, etc.$2,659,836
Interest$1,791,838
Payments to affiliates$0
Depreciation, amortization, etc.$5,963,575
Insurance$748,916
All other expenses$50,890,789
Total expenses$356,716,974

Assets

Field2017
Cash (non-interest-bearing)$0
Savings, short-term investments, etc.$22,762,499
Pledges and grants receivable$0
Accounts receivable$42,513,422
Loans receivable from officers, directors, etc.$0
Loans receivable from other disqualified persons$0
Notes and loans receivable$5,606,492
Inventories for use$2,184,537
Prepaid expenses and deferred charges$9,515,234
Buildings, equipment, etc. post-depreciation$55,120,499
Investments, publicly traded securities$389,783,068
Investments, other securities$15,085,535
Investments, program-related$21,833,629
Intangible assets$6,688,972
Other assets$12,303,988
Total assets$583,397,875

Liabilities

Field2017
Accounts payable and accrued expenses$32,151,908
Grants payable$0
Deferred revenue$26,263,443
Tax-exempt bond liabilities$77,560,000
Escrow or custodial account liability$0
Loans payable to officers and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other liabilities$2,622,230
Total liabilities$138,597,581

Net asset restrictions

Field2017
Unrestricted net assets$441,373,229
Temporarily restricted net assets$3,427,065
Permanently restricted net assets$0

Performance indicators

Field2017
Total margin-0.97%
Working capital$24,166,833
Current assets$82,582,184
Current liabilities$58,415,351
Days cash on hand23 days
Acid test liquidity ratio1.12

Vendors for Act

VendorServicesAmount paidDate
RSM Us LLPTax accounting; Audit accounting; Accounting (including auditing), Contract Administrator$21,6002018-09-25
█████████ ████████Software2018-07-25
█████████Content management system software2018-07-15
████ ██ █████████It Support$12,381,5562017-08-01
█████ ███████████Delivery Services$5,831,3722017-08-01
███████ ███████It Consulting$1,972,3612017-08-01
█████ ████████ ███Temporary Labor$9,170,0162017-08-01
███ ███████Computer Processing$36,146,1572017-08-01
...and nine more vendors

Personnel at Act

NameTitleCompensationLast updated
Marten RoordaChief Executive Officer$220,137June 12, 2018
█████ ██████Chief Operating Officer$390,298June 11, 2018
██████ █ ███████Chief Financial Officer and Treasurer$444,661Oct. 26, 2017
█████ ████████Chief Technology Officer / Vice President Corporate Systems$191,489Sept. 10, 2017
████████ ██ █████Chief Talent Officer$327,589June 12, 2018
███ ████████Chief Officer , Center for Equity in Learning / Chief Officer for the Advancement of Underserved Learners-Sept. 10, 2017
██████ ████████Chief Commercial Officer-Sept. 10, 2017
█████ █████Vice President Data Management-July 8, 2016
█████ ██████████Vice President - Policy , Advocacy , Government Relations-July 8, 2016
█████ ██████Vice President Product Management and Product Marketing-July 8, 2016
...and 50 more key personnel

Peer social advocacy organizations

 NameTypeRevenueLocation
1Northwest Evaluation Association (NWEA)501(c)(3)$129 millionPortland, OR
2City Year501(c)(3)$150 millionBoston, MA
3RAND Corporation (RAND)501(c)(3)$344 millionSanta Monica, CA
4Oak Ridge Associated Universities (ORAU)501(c)(3)$91 millionOak Ridge, TN
5San Diego State University Research Foundation (SDSURF)501(c)(3)$174 millionSan Diego, CA
6Pact Inc501(c)(3)$116 millionWashington, DC
7Center for Creative Leadership (CCL)501(c)(3)$117 millionGreensboro, NC
8Radio Free Europe/Radio Liberty (RFE/RL)501(c)(3)$107 millionWashington, DC
9Fermi Research Alliance (FRA)501(c)(3)$420 millionBatavia, IL
10Consumer Reports (CR)501(c)(3)$249 millionYonkers, NY
11Alliance for Sustainable Energy501(c)(3)$387 millionLakewood, CO
12Juvenile Diabetes Research Foundation (JDRF)501(c)(3)$202 millionNew York, NY
13Hispanic Information & Telecommunications Network (HITN)501(c)(3)$96 millionBrooklyn, NY
14Research Triangle Institute (RTI)501(c)(3)$978 millionDurham, NC
15Brookings Institution501(c)(3)$112 millionWashington, DC
16Global Communities501(c)(3)$133 millionSilver Spring, MD
17Heifer International501(c)(3)$118 millionLittle Rock, AR
18American Institutes for Research in the Behavioral Sciences (AIR)501(c)(3)$458 millionWashington, DC
19Greater Washington Educational Telecommunications Association-- Weta (WETA)501(c)(3)$95 millionArlington, VA
20Southern Poverty Law Center (SPLC)501(c)(3)$136 millionMontgomery, AL
21Noblis501(c)(3)$293 millionReston, VA
22WGBH Educational Foundation501(c)(3)$415 millionBoston, MA
23American Association for the Advancement of Science (AAAS)501(c)(3)$95 millionWashington, DC
24The Aspen Institute501(c)(3)$120 millionWashington, DC
25Acdi/voca501(c)(3)$127 millionWashington, DC

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