Civic Intelligence

The Ascent Foundation Inc

990EZ • Fiscal year 2022 • EIN 13-3726158

Jul 01, 2021 to Jun 30, 2022 • Filed on Jul 20, 2022

Organization Profile
PO Box 148Summit, NY 12175

(718) 205-3745

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.01x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

0.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

52nd percentile

6.0%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

4th percentile

-82%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-70%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,952

Down $8,684 (-82%) from 2021

Net Assets

Up

-$3,932

Up $1,011 (+20%) from 2021

Liabilities

Down

$5,884

Down $9,695 (-62%) from 2021

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin52nd percentile

Revenue

Down

$16,721

Down $39,733 (-70%) from 2021

Expenses

Down

$15,710

Down $31,427 (-67%) from 2021

Net Income

Down

$1,011

Down $8,306 (-89%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$10K$0-$10KAssets 2012: $392Liabilities 2012: $13,3152012Assets 2013: $274Liabilities 2013: $13,9262013Assets 2014: $1,494Liabilities 2014: $13,9262014Assets 2015: $2,872Liabilities 2015: $13,9262015Assets 2016: $7,730Liabilities 2016: $13,9262016Assets 2017: $161Liabilities 2017: $6,6412017Assets 2018: $2,941Liabilities 2018: $11,6402018Assets 2019: $3,705Liabilities 2019: $11,6402019Assets 2020: $0Liabilities 2020: $14,2602020Assets 2021: $10,636Liabilities 2021: $15,579Net Assets 2021: -$4,9432021Assets 2022: $1,952Liabilities 2022: $5,884Net Assets 2022: -$3,9322022Assets 2023: $937Liabilities 2023: $5,884Net Assets 2023: -$4,9472023Assets 2024: $0Net Assets 2024: -$5,2042024

Highlighted filing

2022

Assets$1,952
Liabilities$5,884
Net Assets-$3,932
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2012: $148Expenses 2012: $6,685Net Income 2012: -$6,5372012Revenue 2013: $6,254Expenses 2013: $6,983Net Income 2013: -$7292013Revenue 2014: $3,345Expenses 2014: $2,125Net Income 2014: $1,2202014Revenue 2015: $14,837Expenses 2015: $13,460Net Income 2015: $1,3772015Revenue 2016: $18,839Expenses 2016: $8,847Net Income 2016: $9,9922016Revenue 2017: $25,558Expenses 2017: $30,976Net Income 2017: -$5,4182017Revenue 2018: $5,598Expenses 2018: $7,817Net Income 2018: -$2,2192018Revenue 2019: $43,026Expenses 2019: $42,262Net Income 2019: $7642019Revenue 2020: $6,941Expenses 2020: $13,266Net Income 2020: -$6,3252020Revenue 2021: $56,454Expenses 2021: $47,137Net Income 2021: $9,3172021Revenue 2022: $16,721Expenses 2022: $15,710Net Income 2022: $1,0112022Revenue 2023: $47,084Expenses 2023: $48,099Net Income 2023: -$1,0152023Revenue 2024: $31,060Expenses 2024: $31,317Net Income 2024: -$2572024

Highlighted filing

2022

Revenue$16,721
Expenses$15,710
Net Income$1,011
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jul 20, 2022
Return Version
2021v4.1
Gross Receipts
$16,721
Mission and Program Overview

Mission

Serves disadvantaged children

Program Services

DescriptionGrantsExpenses
PROVIDES RIDING LESSONS$16,720$11,788
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE BLAIRPresidentPT$0--
ANN BLAIRTresurerPT$0--
Filing and Contact Details

Filer

Filer Name
Ascent Foundation Inc
EIN
13-3726158
Address
PO BOX 148, SUMMIT, NY 12175

Signing Officer

Name
George Blair
Title
President
Signed
2022-07-20
Discuss with paid preparer
Yes

Preparer

Firm
Marjorie E Durden CPA
Address
32 EDGECOMBE AVENUE, NEW YORK, NY 10030
Preparer
Marjorie Durden
Phone
2124910722
Supplemental Narrative

Additional Explanations

Part 1 Line 2

“Revenue is from donations from events”

Part 1 Line 16

“All program expenses are supported from donations”

Raw XML Appendix129 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GEORGE BLAIR
IRS990EZ/BooksInCareOfDetail/PhoneNum07182053745
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 148
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SUMMIT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012175
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010636
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01952
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05683
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01011
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0628
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010636
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01952
IRS990EZ/GrossReceiptsAmt016721
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-4943
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3932
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-4943
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3932
IRS990EZ/OccupancyRentUtltsAndMaintAmt03213
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE BLAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANN BLAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRESURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011788
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SERVES DISADVANTAGED CHILDREN
IRS990EZ/PrintingPublicationsPostageAmt081
IRS990EZ/ProgramServiceRevenueAmt011038
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES RIDING LESSONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016720
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011788
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015579
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05884
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015710
IRS990EZ/TotalProgramServiceExpensesAmt011788
IRS990EZ/TotalRevenueAmt016721
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055702
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0127988
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0127988
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt055702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05598
IRS990ScheduleA/Total509Grp/TotalAmt0127988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt055702
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt043026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05598
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0127988
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVENUE IS FROM DONATIONS FROM EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL PROGRAM EXPENSES ARE SUPPORTED FROM DONATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1 LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART 1 LINE 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE BLAIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCENT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0133726158
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 148
ReturnHeader/Filer/USAddress/CityNm0SUMMIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012175
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133269677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARJORIE E DURDEN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032 EDGECOMBE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010030
ReturnHeader/PreparerPersonGrp/PhoneNum02124910722
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARJORIE DURDEN
ReturnHeader/ReturnTs02022-07-21T14:32:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLAIR
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,952
Liabilities
$5,884
Net assets
-$3,932
Revenue
$16,721
Expenses
$15,710
Net income
$1,011
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$5.20$31.1$31.3$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.94$5.88$4.95$47.1$48.1$1.02
2022Detailed filing. Detailed filing data is available for this year.$1.95$5.88$3.93$16.7$15.7$1.01
2021Detailed filing. Detailed filing data is available for this year.$10.6$15.6$4.94$56.5$47.1$9.32
2020Summary only. Only limited summary data is available for this year.$0.00$14.3$6.94$13.3$6.33
2019Summary only. Only limited summary data is available for this year.$3.71$11.6$43.0$42.3$0.76
2018Summary only. Only limited summary data is available for this year.$2.94$11.6$5.60$7.82$2.22
2017Summary only. Only limited summary data is available for this year.$0.16$6.64$25.6$31.0$5.42
2016Summary only. Only limited summary data is available for this year.$7.73$13.9$18.8$8.85$9.99
2015Summary only. Only limited summary data is available for this year.$2.87$13.9$14.8$13.5$1.38
2014Summary only. Only limited summary data is available for this year.$1.49$13.9$3.35$2.13$1.22
2013Summary only. Only limited summary data is available for this year.$0.27$13.9$6.25$6.98$0.73
2012Summary only. Only limited summary data is available for this year.$0.39$13.3$0.15$6.69$6.54