Civic Intelligence

Ascend Learning Inc.

990 • Fiscal year 2013 • EIN 33-1200239

Jul 01, 2012 to Jun 30, 2013 • Filed on May 14, 2014

205 Rockaway Parkway No 6th FL11212
Siviq Scores

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

Liabilities / Assets

72nd percentile

0.38x

Higher debt load relative to assets than 72% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

93rd percentile

54%

Faster asset growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$2,010,314

Up $701,612 (+54%) from 2012

Net Assets

Up

$1,246,563

Up $262,107 (+27%) from 2012

Liabilities

Up

$763,751

Up $439,505 (+136%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,029,644

Up $830,649 (+69%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $108,802Liabilities 2010: $297,805Net Assets 2010: -$189,0032010Assets 2011: $512,298Liabilities 2011: $54,129Net Assets 2011: $458,1692011Assets 2012: $1,308,702Liabilities 2012: $324,246Net Assets 2012: $984,4562012Assets 2013: $2,010,314Liabilities 2013: $763,751Net Assets 2013: $1,246,5632013Assets 2014: $2,738,004Liabilities 2014: $1,768,877Net Assets 2014: $969,1272014Assets 2015: $3,382,216Liabilities 2015: $2,263,775Net Assets 2015: $1,118,4412015Assets 2016: $3,865,463Liabilities 2016: $2,531,808Net Assets 2016: $1,333,6552016Assets 2017: $4,780,200Liabilities 2017: $3,564,247Net Assets 2017: $1,215,9532017Assets 2018: $5,332,131Liabilities 2018: $4,498,477Net Assets 2018: $833,6542018Assets 2019: $5,063,864Liabilities 2019: $4,135,211Net Assets 2019: $928,6532019Assets 2020: $7,123,113Liabilities 2020: $5,122,281Net Assets 2020: $2,000,8322020Assets 2021: $10,949,837Liabilities 2021: $4,663,889Net Assets 2021: $6,285,9482021Assets 2022: $13,335,348Liabilities 2022: $3,602,916Net Assets 2022: $9,732,4322022Assets 2023: $17,436,580Liabilities 2023: $2,994,501Net Assets 2023: $14,442,0792023Assets 2024: $16,996,772Liabilities 2024: $3,359,152Net Assets 2024: $13,637,6202024

Highlighted filing

2013

Assets$2,010,314
Liabilities$763,751
Net Assets$1,246,563

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $572,4552010Expenses 2011: $788,1252011Expenses 2012: $1,198,9952012Expenses 2013: $2,029,6442013Revenue 2014: $4,048,952Expenses 2014: $4,326,388Net Income 2014: -$277,4362014Revenue 2015: $6,942,897Expenses 2015: $6,793,583Net Income 2015: $149,3142015Revenue 2016: $8,075,998Expenses 2016: $7,860,784Net Income 2016: $215,2142016Revenue 2017: $9,395,709Expenses 2017: $9,513,411Net Income 2017: -$117,7022017Revenue 2018: $11,124,062Expenses 2018: $11,506,361Net Income 2018: -$382,2992018Revenue 2019: $15,729,314Expenses 2019: $15,634,315Net Income 2019: $94,9992019Revenue 2020: $18,531,115Expenses 2020: $17,458,936Net Income 2020: $1,072,1792020Revenue 2021: $20,246,927Expenses 2021: $15,961,811Net Income 2021: $4,285,1162021Revenue 2022: $19,940,513Expenses 2022: $16,494,029Net Income 2022: $3,446,4842022Revenue 2023: $28,972,824Expenses 2023: $24,026,347Net Income 2023: $4,946,4772023Revenue 2024: $19,015,759Expenses 2024: $18,877,760Net Income 2024: $137,9992024

Highlighted filing

2013

Revenue-
Expenses$2,029,644
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 14, 2014
Return Version
2012v2.1
Gross Receipts
$2,291,751
Mission and Program Overview

Mission

To develop a scalable solution to the underachievement of economically disadvantaged children by providing a network of urban college preparatory charter schools, operating with widely available resources, and achieving academic levels equal or superior to suburban schools educating students from middle-class families.

Filing and Contact Details

Filer

EIN
33-1200239
Raw XML AppendixShowing 400 of 495 raw XML fields

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IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg16775
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/Title0CEO AND BOARD CHAIR
IRS990ScheduleJ/Form990ScheduleJPartII/Title1FORMER CHIEF OPERATING OFFICER
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0225309
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg1198765
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs10
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES.
IRS990ScheduleO/GeneralExplanation/Explanation2COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS.
IRS990ScheduleO/GeneralExplanation/Explanation3UPON REQUEST, THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.0$3.36$13.6$19.0$18.9$0.14
2023Detailed filing. Detailed filing data is available for this year.$17.4$2.99$14.4$29.0$24.0$4.95
2022Detailed filing. Detailed filing data is available for this year.$13.3$3.60$9.73$19.9$16.5$3.45
2021Detailed filing. Detailed filing data is available for this year.$10.9$4.66$6.29$20.2$16.0$4.29
2020Detailed filing. Detailed filing data is available for this year.$7.12$5.12$2.00$18.5$17.5$1.07
2019Detailed filing. Detailed filing data is available for this year.$5.06$4.14$0.93$15.7$15.6$0.09
2018Detailed filing. Detailed filing data is available for this year.$5.33$4.50$0.83$11.1$11.5$0.38
2017Detailed filing. Detailed filing data is available for this year.$4.78$3.56$1.22$9.40$9.51$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.87$2.53$1.33$8.08$7.86$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.38$2.26$1.12$6.94$6.79$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.74$1.77$0.97$4.05$4.33$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.76$1.25$2.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.32$0.98$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.05$0.46$0.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.30$0.19$0.57