Civic Intelligence

Ascend Mentoring

990EZ • Fiscal year 2016 • EIN 45-5065001

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

34 Maple AvenueWindsor, CT 06095

(860) 219-9402

Siviq Scores

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

Liabilities / Assets

99th percentile

16.74x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

0.55x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

7th percentile

-59%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$60,200

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 99.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

4th percentile

-76%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-54%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,975

Down $6,194 (-76%) from 2015

Net Assets

Down

-$31,083

Down $35,421 (-817%) from 2015

Liabilities

Up

$33,058

Up $29,227 (+763%) from 2015

Revenue

Down

$60,343

Down $72,066 (-54%) from 2015

Expenses

Down

$95,757

Down $34,006 (-26%) from 2015

Net Income

Down

-$35,414

Down $38,060 (-1438%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50K-$100KAssets 2012: $97,176Net Assets 2012: $97,1762012Assets 2013: $11,836Liabilities 2013: $3,688Net Assets 2013: $8,1482013Assets 2014: $7,766Liabilities 2014: $6,076Net Assets 2014: $1,6902014Assets 2015: $8,169Liabilities 2015: $3,831Net Assets 2015: $4,3382015Assets 2016: $1,975Liabilities 2016: $33,058Net Assets 2016: -$31,0832016Assets 2017: $124,049Liabilities 2017: $30,930Net Assets 2017: $93,1192017Assets 2018: $139,224Liabilities 2018: $64,638Net Assets 2018: $74,5862018Assets 2019: $83,579Liabilities 2019: $81,788Net Assets 2019: $1,7912019Assets 2021: $34,218Liabilities 2021: $91,888Net Assets 2021: -$56,6722021Assets 2022: $56,692Liabilities 2022: $112,415Net Assets 2022: -$55,7232022Assets 2023: $70,561Liabilities 2023: $103,148Net Assets 2023: -$32,5872023Assets 2024: $7,441Liabilities 2024: $36,004Net Assets 2024: -$28,5632024

Highlighted filing

2016

Assets$1,975
Liabilities$33,058
Net Assets-$31,083

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $102,825Expenses 2012: $5,649Net Income 2012: $97,1762012Revenue 2013: $1,046Expenses 2013: $90,074Net Income 2013: -$89,0282013Revenue 2014: $117,082Expenses 2014: $123,540Net Income 2014: -$6,4582014Revenue 2015: $132,409Expenses 2015: $129,763Net Income 2015: $2,6462015Revenue 2016: $60,343Expenses 2016: $95,757Net Income 2016: -$35,4142016Revenue 2017: $215,035Expenses 2017: $90,833Net Income 2017: $124,2022017Revenue 2018: $97,348Expenses 2018: $115,881Net Income 2018: -$18,5332018Revenue 2019: $31,332Expenses 2019: $104,127Net Income 2019: -$72,7952019Revenue 2021: $61,915Expenses 2021: $78,607Net Income 2021: -$16,6922021Revenue 2022: $119,543Expenses 2022: $118,594Net Income 2022: $9492022Revenue 2023: $183,536Expenses 2023: $160,400Net Income 2023: $23,1362023Revenue 2024: $83,682Expenses 2024: $79,658Net Income 2024: $4,0242024

Highlighted filing

2016

Revenue$60,343
Expenses$95,757
Net Income-$35,414
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$60,343
Mission and Program Overview

Mission

Ascend mentoring's mission is to provide a holistic model of mentoring and support services that result in youth and families strengthening competencies and reaching their full potential.

Program Services

DescriptionGrantsExpenses
ASCEND MENTORING'S MISSION IS TO PROVIDE A HOLISTIC MODEL OF MENTORING AND SUPPORT SERVICES THAT RESULT IN YOUTH AND FAMILIES STRENGTHENING COMPETENCIES AND REACHING THEIR FULL POTENTIAL.-$69,955
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICARDO HERRERAExecutive DiFT$60,200-$60,200
KEVIN SEARLESFounder-$0--
JEFFREY SEARLESTreasurer-$0--
SUZETTE DEBEATHAM-BROWNDirector-$0--
BRANDON MCGEEPresident-$0--
Filing and Contact Details

Filer

Filer Name
Ascend Mentoring Inc
EIN
45-5065001
Phone
8602199402
Address
34 MAPLE AVENUE, WINDSOR, CT 06095

Signing Officer

Name
Kevin Searles
Title
Founder
Phone
8602199402
Signed
2017-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Mahoney Sabol & Company Llp
Address
180 GLASTONBURY BLVD STE 400, GLASTONBURY, CT 06033-4439
Preparer
Kenneth a Kron CPA
Phone
8605412000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 3,047 interest 1,061 insurance 2,911 youth stipends 1,175 transportation/travel 1,057 website 750 special events 374 food 303 dues & membereships 75 staff development 50 licenses & permits 50 total 10,853

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 2,148 1,627 total 2,148 1,627

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,838 3,321 line of credit - windsor federal 0 29,737

Form 990-ez, Part III

Ascend mentoring's mission is to provide a holistic model of mentoring and support services that result in youth and families strengthening competencies and reaching their full potential.

Raw XML Appendix148 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,838 3,321 LINE OF CREDIT - WINDSOR FEDERAL 0 29,737
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Filings