Overview
What is Act Inc?
Act Inc, established in Iowa in 1960 as a non-profit organization, is dedicated to advancing education through various programs, services, and research. Its primary mission is to help individuals prepare for education and workplace success by providing assessment tools. The Education Assessment Program offered by ACT informs individuals about the necessary knowledge and skills for educational and career progress. Data collected from these assessments benefits educators and trainers in their instruction, and collectively, it facilitates research on effective educational practices for national, state, and local educators and policy makers. With a team of over 1090 employees, ACT is committed to making a difference in education and training landscapes.
Official website here: www.act.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Act Inc has achieved an impressive four-star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is solely derived from its accountability and finance practices, indicating a robust commitment to transparency and responsible management of resources. The rating highlights that Act Inc has no material diversions of assets and maintains comprehensive financial oversight.
One notable strength of Act Inc is its board structure, comprising 75% independent members, which enhances the organization’s governance. Furthermore, it has demonstrated exemplary practices in financial management, evidenced by a high program expense ratio of 89.80%, indicating that a significant portion of its resources directly supports its programs. The presence of formal policies, such as conflict of interest and whistleblower protection, also reinforces its commitment to ethical practices.
While the data reviewed showcases Act Inc's strengths, it is essential to continue monitoring their ongoing practices to ensure sustained accountability. However, based on the current evaluation, the organization presents as a reliable and efficient nonprofit, dedicated to its mission and responsible stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Act Inc legitimate?
Act Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Act Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,970,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,985,013
For more financial information, click here
Official website here: www.act.org
What is the mission statement of Act Inc?
Act Inc, a non-profit organization established in 1960, is dedicated to advancing education. Its primary mission is to provide programs, services, and conduct research that aid individuals preparing for education and training, educators delivering instruction, and policy makers striving to ensure individuals' readiness for educational and workplace success. Act Inc's purpose is to enhance education and support individuals and educators in their endeavors. The organization offers resources and assistance to help individuals achieve their educational goals and improve educational practices for educators. Act Inc also engages with policy makers to create policies that better equip individuals for education and future employment.
Official website here: www.act.org
Who is the CEO of Act Inc?
Janet Godwin is the Principal Officer of Act Inc. The CEO's salary of Act Inc is $533,178 and their total compensation is $533,178.
Official website here: www.act.org
What is the revenue of Act Inc?
Act Inc's revenue in 2022 was $244,351,090.
Official website here: www.act.org
Who are the executives of Act Inc and what are their salaries?
The average compensation at Act Inc during 2022 was $78,858. There are 1090 employees and 590 volunteers at Act Inc.
Here are 25 key members and their salaries (Act Inc's CEO's salary is $533,178 and their total compensation is $533,178):
- Compensation: $561,783
- Related: $0
- Other: $25,125
- Compensation: $82,300
- Related: $0
- Other: $0
- Compensation: $55,720
- Related: $0
- Other: $0
- Compensation: $48,770
- Related: $0
- Other: $0
- Compensation: $48,770
- Related: $0
- Other: $0
- Compensation: $62,645
- Related: $0
- Other: $0
- Compensation: $55,220
- Related: $0
- Other: $0
- Compensation: $62,270
- Related: $0
- Other: $0
- Compensation: $69,325
- Related: $0
- Other: $0
- Compensation: $49,840
- Related: $0
- Other: $0
- Compensation: $59,750
- Related: $0
- Other: $0
- Compensation: $250,817
- Related: $0
- Other: $18,888
- Compensation: $179,684
- Related: $0
- Other: $31,843
- Compensation: $251,402
- Related: $0
- Other: $7,977
- Compensation: $158,315
- Related: $0
- Other: $2,682
- Compensation: $314,052
- Related: $0
- Other: $31,931
- Compensation: $246,521
- Related: $0
- Other: $36,855
- Compensation: $209,194
- Related: $0
- Other: $6,371
- Compensation: $533,178
- Related: $0
- Other: $0
- Compensation: $298,922
- Related: $0
- Other: $23,850
- Compensation: $234,438
- Related: $0
- Other: $7,361
- Compensation: $249,000
- Related: $0
- Other: $15,470
- Compensation: $228,328
- Related: $0
- Other: $31,240
- Compensation: $36,270
- Related: $0
- Other: $0
- Compensation: $36,270
- Related: $0
- Other: $0
Official website here: www.act.org
Where can I find the form 990 for Act Inc?
Act Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.act.org
Learn more at the official website: www.act.org
Mission Statement of Act Inc
ACT, Inc. is a non-profit organization with a mission to advance education in various ways. Established in 1960, ACT, Inc. operates as a not-for-profit corporation under the laws of Iowa. Its purpose is threefold: to support individuals in their pursuit of education and training, to assist educators in delivering instruction, and to inform policy makers about ensuring individuals' readiness for education and workplace success. ACT, Inc. is dedicated to furthering education through its innovative programs, services, and research. By focusing on the needs of individuals, educators, and policy makers, ACT, Inc. plays a crucial role in preparing individuals for academic and professional growth. Through its initiatives, ACT, Inc. strives to create a more educated and skilled workforce, leading to better opportunities and a stronger society.
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Impact
October, 2024
Act Inc plays a vital role in enhancing educational outcomes and facilitating workplace success. Its education assessment program is designed to equip individuals with a clear understanding of the knowledge and skills necessary for their educational and career aspirations. By administering assessments, Act Inc provides valuable feedback not only to learners but also to educators and trainers, enabling a tailored educational experience that meets the specific needs of students.
The data generated through these assessments informs effective teaching strategies and curriculum development, benefiting educators at all levels. This research-driven approach supports educators in refining their methods while offering crucial insights to policymakers focused on improving educational standards and workforce readiness.
Overall, Act Inc's commitment to advancing education through effective assessment contributes significantly to individual and collective success, preparing students for the challenges of academia and the workplace alike. Its influence extends from local classrooms to national policy discussions, making a profound impact on the educational landscape.
This information is meant to be a general summary of Act Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,287,341
- Program Service Revenue: $238,667,070
- Gross Receipts: $382,139,954
Assets and Liabilities:
- Total Assets: $292,875,868
- Total Liabilities: $67,974,621
- Net Assets: $224,901,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL ASSESSMENT
Revenue
$213,544,323
WORKFORCE DEVELOPMENT
Revenue
$23,262,712
EDU ASSESSMENT-ENCOURA
Revenue
$1,860,035
Organization Details
Founding Year
1960
Phone
(319) 337-1000Principal Officer
Janet Godwin
Main Address
PO BOX 168, IOWA CITY, IA, 522430168
Website
www.act.orgNTEE Category
Code: B900 - Education
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