Civic Intelligence

Ascendium Education Solutions Inc.

990T • Fiscal year 2020 • EIN 39-1853833

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 27, 2021

Organization Profilewww.ascendiumeducation.org
2501 International LaneMadison, WI 53704

(608) 733-2559

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

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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.

$800M$600M$400M$200M$0Assets 2010: $131,989,544Liabilities 2010: $31,370,046Net Assets 2010: $100,619,4982010Assets 2011: $217,192,353Liabilities 2011: $33,787,451Net Assets 2011: $183,404,9022011Assets 2012: $308,567,435Liabilities 2012: $38,416,290Net Assets 2012: $270,151,1452012Assets 2013: $476,849,055Liabilities 2013: $33,631,206Net Assets 2013: $443,217,8492013Assets 2014: $576,295,637Liabilities 2014: $33,073,863Net Assets 2014: $543,221,7742014Assets 2015: $670,326,984Liabilities 2015: $33,857,502Net Assets 2015: $636,469,4822015Assets 2016: $571,437,193Liabilities 2016: $35,367,063Net Assets 2016: $536,070,1302016Assets 2017: $670,290,906Liabilities 2017: $40,512,582Net Assets 2017: $629,778,3242017Assets 2018: $663,920,334Liabilities 2018: $42,915,340Net Assets 2018: $621,004,9942018Assets 2019: $284,705,811Liabilities 2019: $244,592,199Net Assets 2019: $40,113,6122019Assets 2020: $288,144,309Liabilities 2020: $183,967,934Net Assets 2020: $104,176,3752020Assets 2021: $170,907,364Liabilities 2021: $104,228,074Net Assets 2021: $66,679,2902021Assets 2022: $289,805,860Liabilities 2022: $46,008,341Net Assets 2022: $243,797,5192022Assets 2023: $351,464,064Liabilities 2023: $28,901,730Net Assets 2023: $322,562,3342023Assets 2024: $222,593,303Liabilities 2024: $12,196,962Net Assets 2024: $210,396,3412024

Latest loaded filing

2024

Assets$222,593,303
Liabilities$12,196,962
Net Assets$210,396,341
Open 2024 Filing

Operations Trend

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

$600M$400M$200M$0Expenses 2010: $107,769,4722010Revenue 2011: $151,707,310Expenses 2011: $69,127,108Net Income 2011: $82,580,2022011Expenses 2012: $83,782,2762012Revenue 2013: $263,285,914Expenses 2013: $90,073,523Net Income 2013: $173,212,3912013Revenue 2014: $182,241,126Expenses 2014: $82,253,711Net Income 2014: $99,987,4152014Revenue 2015: $198,669,809Expenses 2015: $104,970,544Net Income 2015: $93,699,2652015Revenue 2016: $234,388,567Expenses 2016: $134,141,485Net Income 2016: $100,247,0822016Revenue 2017: $225,080,925Expenses 2017: $129,869,653Net Income 2017: $95,211,2722017Revenue 2018: $222,804,138Expenses 2018: $132,565,215Net Income 2018: $90,238,9232018Revenue 2019: $511,268,683Expenses 2019: $319,237,947Net Income 2019: $192,030,7362019Revenue 2020: $427,280,088Expenses 2020: $313,241,055Net Income 2020: $114,039,0332020Revenue 2021: $467,309,203Expenses 2021: $204,796,432Net Income 2021: $262,512,7712021Revenue 2022: $388,928,491Expenses 2022: $166,575,071Net Income 2022: $222,353,4202022Revenue 2023: $298,192,646Expenses 2023: $119,504,517Net Income 2023: $178,688,1292023Revenue 2024: $266,994,248Expenses 2024: $169,298,500Net Income 2024: $97,695,7482024

Latest loaded filing

2024

Revenue$266,994,248
Expenses$169,298,500
Net Income$97,695,748
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 27, 2021
Return Version
2020v1.1
Mission and Program Overview

Mission

Ascendium education solutions, inc. Operates to provide for philanthropic support and cost effective enablement of access to and persistence in post-secondary education by providing full-range guaranty agency services and grant support to funding sources, educational institutions, charitable organizations, and others to broaden federally guaranteed loan availability and pursuit of and participation in post-secondary education in accordance with the federal higher education act of 1965, as amended. This mission statement has been reviewed, acknowledged and informally approved by the board.

Filing and Contact Details

Filer

Filer Name
Ascendium Education Solutions Inc
EIN
39-1853833
In Care Of
% HOPE MERRY
Phone
6087332559
Address
2501 International Lane, Madison, WI 53704

Signing Officer

Name
Richard George
Title
President & CEO
Phone
6087332516
Signed
2021-08-27
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
1101 NEW YORK AVE NW, WASHINGTON, DC 20005
Preparer
Amber Gazica
Phone
2023276000
Raw XML Appendix51 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
IRS990T/BalanceDueAmt00
IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HOPE MERRY
IRS990T/BooksInCareOfDetail/PhoneNum06087332584
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt02501 INTERNATIONAL LANE
IRS990T/BooksInCareOfDetail/USAddress/CityNm0Madison
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd053704
IRS990T/BookValueAssetsEOYAmt0288144309
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard George
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06087332516
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ascendium Education Solutions Inc
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0391853833
ReturnHeader/Filer/InCareOfNm0% HOPE MERRY
ReturnHeader/Filer/PhoneNum06087332559
ReturnHeader/Filer/USAddress/AddressLine1Txt02501 International Lane
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053704
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01101 NEW YORK AVE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020005
ReturnHeader/PreparerPersonGrp/PhoneNum02023276000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMBER GAZICA
ReturnHeader/ReturnTs02021-09-13T12:18:52-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Richard
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0George
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
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Liabilities
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Net assets
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Revenue
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Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$223$12.2$210$267$169$97.7
2023Detailed filing. Detailed filing data is available for this year.$351$28.9$323$298$120$179
2022Detailed filing. Detailed filing data is available for this year.$290$46.0$244$389$167$222
2021Detailed filing. Detailed filing data is available for this year.$171$104$66.7$467$205$263
2020Detailed filing. Detailed filing data is available for this year.$288$184$104$427$313$114
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Detailed filing. Detailed filing data is available for this year.$285$245$40.1$511$319$192
2018Detailed filing. Detailed filing data is available for this year.$664$42.9$621$223$133$90.2
2017Detailed filing. Detailed filing data is available for this year.$670$40.5$630$225$130$95.2
2016Detailed filing. Detailed filing data is available for this year.$571$35.4$536$234$134$100
2015Detailed filing. Detailed filing data is available for this year.$670$33.9$636$199$105$93.7
2014Detailed filing. Detailed filing data is available for this year.$576$33.1$543$182$82.3$100.0
2013Detailed filing. Detailed filing data is available for this year.$477$33.6$443$263$90.1$173
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$309$38.4$270$83.8
2011Summary only. Only limited summary data is available for this year.$217$33.8$183$152$69.1$82.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$31.4$101$108