IntermediaryEd
Nonprofit profile at a glance
- EIN
- 420841485
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2023
- Location
- Mount Vernon, Iowa, USA
- Phone
- 8003033070
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $11,460,946
- Expenses
- $4,784,316
- Assets
- $444,168,082
- Liabilities
- $1,061,785
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- Ranjit Sidhu (Executive Director)
- Janet Godwin (Former CEO)
Highest reported compensation
- Ranjit Sidhu (Executive Director): $552,215 total reported compensation
- Curt Yedlik (CFO & Treasurer): $383,980 total reported compensation
- Chandrashekar Jois (Former Chief Information Officer): $294,556 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
IntermediaryEd is embarking on a process to determine our mission, objectives, and strategy. Currently, our Board of Directors is evaluating the most promising tactics to achieve the greatest impact for individuals and communities.
What it reported doing in 2024
Program services during the fiscal year ended august 31, 2025 consisted entirely of a legacy assessment program and related philanthropic activities. All programs and services were sold on 5/1/24 as part of an asset purchase agreement; however, intermediaryed retained a small number of contracts that could not be assigned to the purchaser. Intermediaryed provides contract and program oversight, while sub-contracting program delivery back to the purchaser. Since the sale, a new strategy and operational processes are being developed to align with the new mission. While detailed programs are not yet established, they will be focused on helping individuals prepare for and attain employment, such as through post-secondary education and training programs.
Operating model
- Revenue model
- Investment-supported. 96% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 7
- Transparency & Controls: 86
- Accountability: 87
- Sustainability: 85
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.2%; rating input score 5
- Program expense ratio: 13.7%; rating input score 14
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 14th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 58.3%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 92.84; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 75.7%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -9% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 6th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 5.2% of revenue deployed · 13.7% of spending went to programs
- Governance: 7 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $658K in reported program spending
- Leadership: top reported pay $552K · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $15.8M reported
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 24 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.