Civic Intelligence

Ascend Educational Fund

990EZ • Fiscal year 2018 • EIN 46-1140658

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

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

92nd percentile

0.67x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.13x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

31st percentile

-4.3%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

44th percentile

-0.8%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-6.3%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$180,762

Down $1,406 (-0.8%) from 2017

Net Assets

Down

$59,678

Down $30,559 (-34%) from 2017

Liabilities

Up

$121,084

Up $29,153 (+32%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin31st percentile

Revenue

Down

$107,047

Down $7,226 (-6.3%) from 2017

Expenses

Up

$111,683

Up $36,919 (+49%) from 2017

Net Income

Down

-$4,636

Down $44,145 (-112%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth44th 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

2018

Assets$180,762
Liabilities$121,084
Net Assets$59,678
Open 2018 Filing

Operations Trend

Revenue Growth39th 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

2018

Revenue$107,047
Expenses$111,683
Net Income-$4,636
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.0
Gross Receipts
$107,047
Mission and Program Overview

Mission

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

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. Funds raised are distributed in form of a scholarship.

Program Services

DescriptionGrantsExpenses
AEF Awarded 92000 in college scholarships to New York City high school students to attend colelge$92,000$18,404
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julissa ArceChairman Of The Board-$0--
Celeste EverettSecretary-$0--
Diana MelencioDirector-$0--
Robert StenzDirector-$0--
Dan KokiniDirector-$0--
Erika ZamoraTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Ascend Educational Fund Inc
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
2019-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Scholarships paid -74,863”

Form 990-EZ, Part I, Line 16

“Description;Amount^Gala expenses;13888|Scholarship Picnic and Interviews Food;1078|General Expense for Website and AwardSpring platform and Credit card fees;3437^Total;18403^”

Form 990-EZ, Part I, Line 20

“Corporate matching funds”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Donations received not deposit by Dec;16000|Accounts Receivable Pledged donations;14530^Total;30530^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Scholarships to be paid;114500|Grant payable;6584^Total;121084^”

Raw XML Appendix177 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09727620961
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt074863
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Julissa Arce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Celeste Everett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Diana Melencio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Robert Stenz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dan Kokini
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Erika Zamora
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman of the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt030500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt030530
IRS990EZ/OtherChangesInNetAssetsAmt06646
IRS990EZ/OtherExpensesTotalAmt018403
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt01
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt092000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018404
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0121084
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalRevenueAmt0107047
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0107047
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0101721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt099073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt099073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt091484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0498398
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0498398
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0107047
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt099073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt091484
IRS990ScheduleA/Total509Grp/TotalAmt0498398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0107047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0101721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt099073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt099073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt091484
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0498398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships paid -74,863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Gala expenses;13888|Scholarship Picnic and Interviews Food;1078|General Expense for Website and AwardSpring platform and Credit card fees;3437^Total;18403^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Corporate matching funds
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Donations received not deposit by Dec;16000|Accounts Receivable Pledged donations;14530^Total;30530^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^Scholarships to be paid;114500|Grant payable;6584^Total;121084^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Erika Zamora
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09727620961
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCEND EDUCATIONAL FUND INC
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/IPv4AddressTxt0204.138.240.254
ReturnHeader/ReturnTs02019-05-15T09:38:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,762
Liabilities
$121,084
Net assets
$59,678
Revenue
$107,047
Expenses
$111,683
Net income
-$4,636
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