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IntermediaryEd

Mount Vernon, IA · EIN 42-0841485 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

IntermediaryEd reported $11.5 million in revenue and $4.8 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $13.75 went to program services, $86.25 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 95.8% of the total. The highest compensation it reported for one person was $552,215 (Executive Director). 12 people received more than $100,000 in reportable compensation. Revenue fell 95% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $4.8M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
13.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
86.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
2.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$552,215$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
11.54%1.28%
People paid over $100,000
Part VII, line 2
128
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1,111.413.3
Independent voting board members
Part VI 1a–1b
7 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$658K expenses · 100.0% of program spending · revenue $469K

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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director
Officer, 40.0 hrs/week
$520,691$0$31,524$552,215
CFO & Treasurer
Officer, 40.0 hrs/week
$352,884$0$31,096$383,980
Former Chief Information Officer
Former, 0.0 hrs/week
$281,296$0$13,260$294,556
Former VP - Measurement Innovation
Former, 0.0 hrs/week
$235,574$0$9,963$245,537
Former CEO
Former, 0.0 hrs/week
$213,632$0$18,255$231,887
Senior Counsel & Corporate Secretary
Officer, 40.0 hrs/week
$183,805$0$28,484$212,289
Former Chief Sales Officer
Former, 0.0 hrs/week
$146,062$0$15,643$161,705
Controller
Highest compensated employee, 40.0 hrs/week
$140,494$0$9,160$149,654

12 people received more than $100,000 in reportable compensation from IntermediaryEd (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$4.8M13.7%$443M$552,215
FY2024 ⓘ$352M$163M89.3%$417M$781,308
FY2023 ⓘ$241M$220M89.4%$247M$725,477
FY2022 ⓘ$244M$256M90.3%$225M$586,908
FY2021 ⓘ$244M$250M90.9%$249M$1,298,797
FY2020 ⓘ$241M$301M89.2%$259M$913,049

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5827

Correct a figure or respond

Every number above is copied from IntermediaryEd's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for IntermediaryEd, you can publish a response that is linked from this page.

Questions people ask

How much of IntermediaryEd's spending goes to programs?

In the fiscal year ending August 31, 2025, IntermediaryEd reported that 13.7% of its $4.8 million in expenses went to program services, 86.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does IntermediaryEd pay its top executive?

The largest total compensation IntermediaryEd reported for one person in the fiscal year ending August 31, 2025 was $552,215, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does IntermediaryEd get its money?

Of $11.5 million in revenue in the fiscal year ending August 31, 2025, 0.0% came from contributions and grants and 2.3% from program service revenue (Form 990, Part VIII).

Is IntermediaryEd a registered charity?

The IRS lists EIN 42-0841485 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202621499349300217 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531889349300143 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202401449349301115 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341959349300234 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202211819349302101 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202141909349300839 · read the filing

All filings for EIN 42-0841485: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.