Ascend Learning Inc.

“Form 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD the form 990 TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.”

“The school shares its conflict of interest policy with board members and officers as part of their regular meetings. Officers, directors, and key employees are expected to declare if at any point a conflict of interest arises. After disclosure of a conflict, the individual in question must recuse themselves from voting on the matter. Such matters involving the existence of conflicts of interest are to be documented in the minutes of the governing board. in addition, the board of trustees sign an annual conflict of interest disclosure form.”

“For school directors, an annual meeting is held to review performance, scope of work (i.e. size of school), salary comparables from NYC public schools, and national charter schools and determine compensation for the following year. This happens annually and is documented in the board minutes. The last time this occurred was in 2016.”

“The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. the return is posted on guidestar.org. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 205 Rockaway Parkway, Brooklyn, NY 11212, or by calling the organization directly at (347)464-7600.”

“Recruiting: Program service expenses 214,624. Management and general expenses 159,153. Fundraising expenses 0. Total expenses 373,777. CONSULTANTS - EDUCATION: Program service expenses 44,492. Management and general expenses 4,943. Fundraising expenses 0. Total expenses 49,435. Payroll Services: Program service expenses 15,700. Management and general expenses 1,744. Fundraising expenses 0. Total expenses 17,444. Development Consultants: Program service expenses 0. Management and general expenses 12,553. Fundraising expenses 93. Total expenses 12,646. Executive Consultants: Program service expenses 0. Management and general expenses 306,910. Fundraising expenses 2,277. Total expenses 309,187. Curriculum & Facilities Consultants: Program service expenses 0. Management and general expenses 240,023. Fundraising expenses 1,781. Total expenses 241,804. Admin/Temp Staffing Services: Program service expenses 0. Management and general expenses 53,860. Fundraising expenses 0. Total expenses 53,860. other professional fees: Program service expenses 0. Management and general expenses 6,191. Fundraising expenses 0. Total expenses 6,191.”

“The board of trustees is responsible for oversight of the audit and selection of the independent auditors.”