Civic Intelligence

Ascend Educational Fund

990EZ • Fiscal year 2016 • EIN 46-1140658

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization Profilewww.ascendfundny.org
200 Second Avenue Apt 31New York, NY 10003

(972) 762-0961

Siviq Scores

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

Liabilities / Assets

91st percentile

0.64x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

0.89x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

53rd percentile

2.7%

Faster revenue growth than 53% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$141,228

Up $33,301 (+31%) from 2015

Net Assets

$50,728

No earlier filing loaded for comparison.

Liabilities

Down

$90,500

Down $11,475 (-11%) from 2015

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin97th percentile

Revenue

Up

$101,721

Up $2,648 (+2.7%) from 2015

Expenses

Down

$17,633

Down $12,491 (-41%) from 2015

Net Income

Up

$84,088

Up $15,139 (+22%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$200K$150K$100K$50K$0Assets 2014: $76,661Liabilities 2014: $72,2502014Assets 2015: $107,927Liabilities 2015: $101,9752015Assets 2016: $141,228Liabilities 2016: $90,500Net Assets 2016: $50,7282016Assets 2017: $182,168Liabilities 2017: $91,931Net Assets 2017: $90,2372017Assets 2018: $180,762Liabilities 2018: $121,084Net Assets 2018: $59,6782018Assets 2019: $154,584Liabilities 2019: $143,8942019Assets 2020: $133,223Liabilities 2020: $120,1232020Assets 2021: $121,938Liabilities 2021: $113,8752021Assets 2022: $116,063Liabilities 2022: $113,1682022

Highlighted filing

2016

Assets$141,228
Liabilities$90,500
Net Assets$50,728
Open 2016 Filing

Operations Trend

Revenue Growth53rd percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $91,484Expenses 2014: $26,983Net Income 2014: $64,5012014Revenue 2015: $99,073Expenses 2015: $30,124Net Income 2015: $68,9492015Revenue 2016: $101,721Expenses 2016: $17,633Net Income 2016: $84,0882016Revenue 2017: $114,273Expenses 2017: $74,764Net Income 2017: $39,5092017Revenue 2018: $107,047Expenses 2018: $111,683Net Income 2018: -$4,6362018Revenue 2019: $89,393Expenses 2019: $108,776Net Income 2019: -$19,3832019Revenue 2020: $82,597Expenses 2020: $88,466Net Income 2020: -$5,8692020Revenue 2021: $77,264Expenses 2021: $87,713Net Income 2021: -$10,4492021Revenue 2022: $84,198Expenses 2022: $91,285Net Income 2022: -$7,0872022

Highlighted filing

2016

Revenue$101,721
Expenses$17,633
Net Income$84,088
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$101,721
Mission and Program Overview

Mission

501(3)c status for education organization as an organization that awards scholarships to high school seniors.

Program Services

DescriptionGrantsExpenses
AEF awards scholarship awards to high achieving high school seniors attending a New York City high school and attended an accredited college in the fall semester after graduating from high school. All funds raised so towards scholarships awards that are awarded in May/June of each year. Currently there are 32 scholarships have been awarded for an average of 8 scholarships per year ranging from $2,500 to $20,000 for four years.$63,000$17,633
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julissa ArceChairman Of The BoardPT$0--
Celeste EverettSecretaryPT$0--
Diana MelencioDirectorPT$0--
Robert StenzDirector-$0--
Erika ZamoraTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Ascend Educational Fund
EIN
46-1140658
Phone
9727620961
Address
200 Second Avenue Apt 31, New York, NY 10003

Signing Officer

Name
Erika Zamora
Title
Treasurer
Phone
9727620961
Signed
2017-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Administrative expenses, Website Domain, Paypal & Evenbrite fees & Square Fees, 2016 Gala-Décor Expenses/Student Speaker/Caterer Exp /Step & Repeat/WeWork Space, 2016 Picnic,206 Interview weekend”

Form 990-EZ, Part I, Line 20

“Scholarship payments made”

Form 990-EZ, Part II, Line 24

“Accounts Receivable (pledged donations)”

Form 990-EZ, Part II, Line 26

“Scholarship payments”

Raw XML Appendix173 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Erika Zamora
IRS990EZ/BooksInCareOfDetail/PhoneNum09727620961
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 Second Avenue Apt 31
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt091413
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0111567
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0101721
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt084088
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0107927
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0141228
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0101721
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050728
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050728
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Julissa Arce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Celeste Everett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Diana Melencio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Robert Stenz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Erika Zamora
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman of the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt016514
IRS990EZ/OtherAssetsTotalDetail/EOYAmt029661
IRS990EZ/OtherChangesInNetAssetsAmt0-39312
IRS990EZ/OtherExpensesTotalAmt017606
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0501(3)c status for education organization as an organization that awards scholarships to high school seniors.
IRS990EZ/PrintingPublicationsPostageAmt027
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AEF awards scholarship awards to high achieving high school seniors attending a New York City high school and attended an accredited college in the fall semester after graduating from high school. All funds raised so towards scholarships awards that are awarded in May/June of each year. Currently there are 32 scholarships have been awarded for an average of 8 scholarships per year ranging from $2,500 to $20,000 for four years.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt063000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017633
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0101975
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt090500
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt017633
IRS990EZ/TotalProgramServiceExpensesAmt017633
IRS990EZ/TotalRevenueAmt0101721
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.ascendfundny.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0101721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt091484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt042944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0335222
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0335222
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0101721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt099073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt091484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt042944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0335222
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt099073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt091484
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt042944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0335222
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/ExplanationTxt0Administrative expenses, Website Domain, Paypal & Evenbrite fees & Square Fees, 2016 Gala-Décor Expenses/Student Speaker/Caterer Exp /Step & Repeat/WeWork Space, 2016 Picnic,206 Interview weekend
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Scholarship payments made
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Receivable (pledged donations)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Scholarship payments
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Erika Zamora
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09727620961
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCEND EDUCATIONAL FUND
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0461140658
ReturnHeader/Filer/PhoneNum09727620961
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 Second Avenue Apt 31
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010003
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.77.224.109
ReturnHeader/ReturnTs02017-05-15T18:08:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,228
Liabilities
$90,500
Net assets
$50,728
Revenue
$101,721
Expenses
$17,633
Net income
$84,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$1.16$1.13$0.84$0.91$0.07
2021Summary only. Only limited summary data is available for this year.$1.22$1.14$0.77$0.88$0.10
2020Summary only. Only limited summary data is available for this year.$1.33$1.20$0.83$0.88$0.06
2019Summary only. Only limited summary data is available for this year.$1.55$1.44$0.89$1.09$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.81$1.21$0.60$1.07$1.12$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.92$0.90$1.14$0.75$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.41$0.91$0.51$1.02$0.18$0.84
2015Summary only. Only limited summary data is available for this year.$1.08$1.02$0.99$0.30$0.69
2014Summary only. Only limited summary data is available for this year.$0.77$0.72$0.91$0.27$0.65