Civic Intelligence

Ascension Foundation Inc

990 • Fiscal year 2017 • EIN 46-3635415

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 31, 2018

1893 Merlot DriveSanford, FL 32771

(407) 790-0993

Siviq Scores

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

Liabilities / Assets

99th percentile

6.14x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-7.0%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-10%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$23,381

Down $1,767 (-7.0%) from 2016

Net Assets

Up

-$120,067

Up $10,233 (+7.9%) from 2016

Liabilities

Down

$143,448

Down $12,000 (-7.7%) from 2016

Revenue

Down

$438,544

Down $49,016 (-10%) from 2016

Expenses

Down

$428,311

Down $109,101 (-20%) from 2016

Net Income

Up

$10,233

Up $60,085 (+121%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2013: $4,975Liabilities 2013: $02013Assets 2014: $213,354Liabilities 2014: $83,141Net Assets 2014: $130,2132014Assets 2015: $75,000Liabilities 2015: $155,448Net Assets 2015: -$80,4482015Assets 2016: $25,148Liabilities 2016: $155,448Net Assets 2016: -$130,3002016Assets 2017: $23,381Liabilities 2017: $143,448Net Assets 2017: -$120,0672017Assets 2018: $7,362Liabilities 2018: $34,043Net Assets 2018: -$26,6812018Assets 2019: $10,169Liabilities 2019: $34,043Net Assets 2019: -$23,8742019Assets 2020: $5,912Liabilities 2020: $24,043Net Assets 2020: -$18,1312020Assets 2021: $6,471Liabilities 2021: $24,043Net Assets 2021: -$17,5722021Assets 2022: $7,822Liabilities 2022: $24,043Net Assets 2022: -$16,2212022Assets 2023: $1,687Liabilities 2023: $19,043Net Assets 2023: -$17,3562023Assets 2024: $5,912Liabilities 2024: $0Net Assets 2024: $5,9122024

Highlighted filing

2017

Assets$23,381
Liabilities$143,448
Net Assets-$120,067

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2013: $5,000Expenses 2013: $25Net Income 2013: $4,9752013Revenue 2014: $260,000Expenses 2014: $134,762Net Income 2014: $125,2382014Revenue 2015: $60,000Expenses 2015: $270,661Net Income 2015: -$210,6612015Revenue 2016: $487,560Expenses 2016: $537,412Net Income 2016: -$49,8522016Revenue 2017: $438,544Expenses 2017: $428,311Net Income 2017: $10,2332017Revenue 2018: $431,863Expenses 2018: $338,477Net Income 2018: $93,3862018Revenue 2019: $302,261Expenses 2019: $299,454Net Income 2019: $2,8072019Revenue 2020: $240,646Expenses 2020: $234,903Net Income 2020: $5,7432020Revenue 2021: $177,000Expenses 2021: $176,441Net Income 2021: $5592021Revenue 2022: $131,600Expenses 2022: $130,249Net Income 2022: $1,3512022Revenue 2023: $230,377Expenses 2023: $231,512Net Income 2023: -$1,1352023Revenue 2024: $87,043Expenses 2024: $63,775Net Income 2024: $23,2682024

Highlighted filing

2017

Revenue$438,544
Expenses$428,311
Net Income$10,233
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 31, 2018
Return Version
2017v2.3
Gross Receipts
$438,544
Mission and Program Overview

Mission

Our mission consists of funding and overseeing of the construction of churches, computer labs, women's health clinic, cancer center, and a vocation center to help teach sewing, and help build wells for clean drinking water in ghana, africa, in the accra la district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$155,448$143,448▼ $12,000
Cash and Non-Interest-Bearing Accounts$20,148$18,381▼ $1,767
Rtn Earn Endowment Incm Other Fnds$-130,300$-120,067▲ $10,233
Total Assets$25,148$23,381▼ $1,767
Other Assets Total$5,000$5,000→ $0
Liabilities
Total Liabilities$155,448$143,448▼ $12,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$-130,300$-120,067▲ $10,233
Total Liabilities and Net Assets / Fund Balance$25,148$23,381▼ $1,767

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel a PattersonPresident
Hannah PattersonDirector
Mary PattersonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$438,544
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$438,544
Change in Net Assets
$10,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$428,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$101,809$340-$102,149
Other Expenses$37,542--$37,542
Fees for Services Accounting-$2,150-$2,150
Total Functional Expenses$425,821$2,490$0$428,311
International Activity

International Summary

Spending
$425,621

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Ghana, Africa Accra La DistrictProgram ServiceChurch Donations--$261,042
Ghana, Africa Accra La DistrictProgram ServiceUniversity Donations--$68,970
Ghana, Africa, Accra La DistrictProgram ServiceComputer Lab Project--$45,000
Ghana, Africa, Accra La DistrictProgram ServiceScholarships - Univ--$10,000
Ghana, Africa, Accra La DistrictProgram ServiceChristmas Convention--$8,750
Ghana, Africa, Accra La DistrictProgram ServiceFemale Prison--$8,750
Ghana, Africa, Accra La DistrictProgram ServiceWOMEN'S MOVEMENT--$8,750
Ghana, Africa, Accra La DistrictProgram ServiceYouth Support--$8,750
Ghana, Africa, Accra La DistrictProgram ServicePastor Support--$5,000
Ghana, Africa, Accra La DistrictProgram ServiceStudent Meal Assist--$609
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$155,448$143,448▼ $12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Daniel patterson mary patterson president director siblings daniel patterson hannah patterson president director siblings mary patterson hannah patterson director director siblings

Form 990, Page 6, Part VI, Line 11B

A copy of the tax return will be provided to all members of the governing body prior to filing.

Form 990, Page 6, Part VI, Line 12C

All officers and directors are required to disclose any inerests that could give rise to confilcts throughout the year.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ascension Foundation Inc
EIN
46-3635415
Address
1893 MERLOT DRIVE, SANFORD, FL 32771

Signing Officer

Name
Daniel a Patterson
Title
President
Phone
4077900993
Signed
2018-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel a Patterson
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Lindsay Crabb & Associates LLC
Address
112 E FORT KING ST, OCALA, FL 34471
Preparer
Ronald P White CPA
Phone
3523691120
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission consists of funding and overseeing of the construction of churches, computer labs, women's health clinic, cancer center, and a vocation center to help teach sewing, and help build wells for clean drinking water in ghana, africa, in the accra la district.

Form 990, Part IX, Line 24E

Building & land -chaado 35,000 0 0 repairs & maintenance 10,500 0 0 scholarships - students 10,000 0 0 female prison in ghana 8,750 0 0 christmas convention 8,750 0 0 women's movement 8,750 0 0 youth support 8,750 0 0 donations 5,500 0 0 pastor support 5,000 0 0 student meal assistance 609 0 0 bank charges 0 340 0 licenses & taxes 200 0 0 total 101,809 340 0

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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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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CHRISTMAS CONVENTION
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0COMPUTER LAB
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt083141
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DANIEL PATTERSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0143448
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION CONSISTS OF FUNDING AND OVERSEEING OF THE CONSTRUCTION OF CHURCHES, COMPUTER LABS, WOMEN'S HEALTH CLINIC, CANCER CENTER, AND A VOCATION CENTER TO HELP TEACH SEWING, AND HELP BUILD WELLS FOR CLEAN DRINKING WATER IN GHANA, AFRICA, IN THE ACCRA LA DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DANIEL PATTERSON MARY PATTERSON PRESIDENT DIRECTOR SIBLINGS DANIEL PATTERSON HANNAH PATTERSON PRESIDENT DIRECTOR SIBLINGS MARY PATTERSON HANNAH PATTERSON DIRECTOR DIRECTOR SIBLINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE TAX RETURN WILL BE PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY INERESTS THAT COULD GIVE RISE TO CONFILCTS THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BUILDING & LAND -CHAADO 35,000 0 0 REPAIRS & MAINTENANCE 10,500 0 0 SCHOLARSHIPS - STUDENTS 10,000 0 0 FEMALE PRISON IN GHANA 8,750 0 0 CHRISTMAS CONVENTION 8,750 0 0 WOMEN'S MOVEMENT 8,750 0 0 YOUTH SUPPORT 8,750 0 0 DONATIONS 5,500 0 0 PASTOR SUPPORT 5,000 0 0 STUDENT MEAL ASSISTANCE 609 0 0 BANK CHARGES 0 340 0 LICENSES & TAXES 200 0 0 TOTAL 101,809 340 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt025148
IRS990/TotalAssetsEOYAmt023381
IRS990/TotalAssetsGrp/BOYAmt025148
IRS990/TotalAssetsGrp/EOYAmt023381
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0438544
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02490
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0425821
IRS990/TotalFunctionalExpensesGrp/TotalAmt0428311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0155448
IRS990/TotalLiabilitiesEOYAmt0143448
IRS990/TotalLiabilitiesGrp/BOYAmt0155448
IRS990/TotalLiabilitiesGrp/EOYAmt0143448
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-130300
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-120067
IRS990/TotalProgramServiceExpensesAmt0425821
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0438544
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025148
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023381
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01893 MERLOT DRIVE
IRS990/USAddress/CityNm0SANFORD
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032771
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL A PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04077900993
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCENSION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0463635415
ReturnHeader/Filer/USAddress/AddressLine1Txt01893 MERLOT DRIVE
ReturnHeader/Filer/USAddress/CityNm0SANFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032771
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B9302173B3EADE6AEEF91E6CFE46E614D869C3F6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0104B03499EA571D4288FF0F54B46DAC28087DC50
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.190.219.227
ReturnHeader/FilingSecurityInformation/IPDt02018-09-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:13:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203300019
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDSAY CRABB & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0112 E FORT KING ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OCALA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034471
ReturnHeader/PreparerPersonGrp/PhoneNum03523691120
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD P WHITE CPA
ReturnHeader/ReturnTs02018-09-14T11:13:27-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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