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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 36-4619621

Michigan College Access Network

LANSING, MINTEE: B19Founded 2007Website

mission statement

Increase college readiness, participation, and completion in michigan, particularly among low-income students, first-generation college-going students, and students of color.

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Total Revenue

$14.7M

FY 2023

Program Spending

81.7%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$11.6M

Total Assets

$8.7M net

8.21 mo

Operating Reserves

FY 2023

+35%

Revenue Growth

YoY

162

Total Employees

FY 2023

Funding Track Record

Backed by 32 Institutional Funders

$13.5M raised across 92 grants · +$3.1M committed (2019–2024 filings)

Funder Geography

Funders across 8 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Gs Donor Advised Philanthropy Fund for Wealth Management Inc	NEW YORK, NY	$4,036,100
The Kresge Foundation	TROY, MI	$3,896,500 +$2,055,600 committed
Jamie & Denise Jacob Family Foundation	BLOOMFIELD HILLS, MI	$1,037,785
The Skillman Foundation	DETROIT, MI	$818,500
The Ralph C Wilson Jr Foundation	DETROIT, MI	$740,000 +$650,000 committed
Educational Credit Management Corporation	Minneapolis, MN	$537,280
Detroit Children's Fund	DETROIT, MI	$432,700
Charles Stewart Mott Foundation	FLINT, MI	$394,000 +$64,000 committed
W K Kellogg Foundation	Battle Creek, MI	$250,000 +$250,000 committed
United Way for Southeastern Michigan	DETROIT, MI	$238,000

Total tracked: $13,542,151 across 92 grants · +$3,124,600 committed across 13 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$2.3M in expenses

Advisemi places americorps college advisors into high school buildings to support students completing college applications, the fafsa, and scholarship applications.

$1.4M in expenses

College completion corps places americorps completion coaches into tribal and community colleges to support students' retention, persistence and completion of a certificate or degree.

$1.2M in expenses

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.

$5.5M in expenses

Other program services include college access and success programs and activities working toward the state's sixty by 30 goal.

Financial History