Ascent Foundation Inc
- Assets
- $2.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NY
- Founding
- 10/1994
- Data as of
- 06/2022
- EIN
- 13-3726158
Organization Overview
Ascent Foundation Inc is located in Summit, NY. The organization was established in 1994. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascent Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Ascent Foundation Inc generated $16.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $15.7k during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES RIDING LESSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Blair Tresurer | 20 | $0 | |
George Blair President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,683 |
| Total Program Service Revenue | $11,038 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,721 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $628 |
| Occupancy, rent, utilities, and maintenance | $3,213 |
| Printing, publications, postage, and shipping | $81 |
| Other expenses | $11,788 |
| Total expenses | $15,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,952 |
| Other assets | $0 |
| Total assets | $1,952 |
| Total liabilities | $5,884 |
| Net assets or fund balances | -$3,932 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ascent Foundation Inc has recieved totaling $5,683.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,683 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maria L Varisco-Rogers Charter School Newark, NJ | $5,290,053 | $11,323,219 |
Jumoke Academy Inc Hartford, CT | $8,246,246 | $11,046,484 |
Mathematics Civic & Sciences Charter School Of Philadelphia Inc Philadelphia, PA | $10,694,323 | $13,238,093 |
Yeshiva Tiferes Yisroel Brooklyn, NY | $12,406,666 | $10,084,609 |
Banyan School Inc Fairfield, NJ | $2,901,931 | $9,400,396 |
Metropolitan Montessori School New York, NY | $29,899,366 | $8,129,408 |
The Gesu School Inc Philadelphia, PA | $39,919,489 | $10,953,464 |
The Bement School Inc Deerfield, MA | $22,940,290 | $8,963,162 |
Universal Institute Charter School Philadelphia, PA | $3,423,551 | $10,521,421 |
University Urology Inc Buffalo, NY | $263,782 | $9,014,963 |
The New Life Child Development Center Inc Brooklyn, NY | $2,502,824 | $9,022,777 |
Universal Creighton Charter School Philadelphia, PA | $7,031,660 | $11,882,466 |