Civic Intelligence

Ascend Inc

EIN 51-0527847 • 501(c)6 • New York, NY

Profile

Founded in 2005, Ascend is the frst and largest global network advancing Asian and Pacific Islander (API) professionals in the workplace. Ascends 60+ chapters partner with global organizations to cultivate and empower API talent as they rise to their full potential. We believe that by working together, our community can develop leaders who consistently ignite positive change in the workplace and the world.

262 West 38th Street STE 503New York, NY 10018

www.ascendleadership.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.08x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.10x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

25%

Higher net margin than 89% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$178,989

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$9,026,063

Up $1,207,846 (+15%) from 2023

Liabilities

Up

$744,309

Up $110,566 (+17%) from 2023

Net Assets

Up

$8,281,754

Up $1,097,280 (+15%) from 2023

Operations
Liabilities / Revenue25th percentileNet Margin89th percentile

Revenue

Up

$7,404,448

Up $897,166 (+14%) from 2023

Expenses

Up

$5,577,795

Up $824,341 (+17%) from 2023

Net Income

Up

$1,826,653

Up $72,825 (+4.2%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $2,642,884Liabilities 2011: $263,521Net Assets 2011: $2,379,3632011Assets 2012: $3,173,316Liabilities 2012: $1,073,024Net Assets 2012: $2,100,2922012Assets 2013: $3,359,371Liabilities 2013: $844,514Net Assets 2013: $2,514,8572013Assets 2014: $3,611,080Liabilities 2014: $1,344,727Net Assets 2014: $2,266,3532014Assets 2015: $4,022,830Liabilities 2015: $1,949,200Net Assets 2015: $2,073,6302015Assets 2016: $4,085,339Liabilities 2016: $2,269,010Net Assets 2016: $1,816,3292016Assets 2017: $4,090,916Liabilities 2017: $1,069,960Net Assets 2017: $3,020,9562017Assets 2018: $4,025,647Liabilities 2018: $649,992Net Assets 2018: $3,375,6552018Assets 2019: $4,031,851Liabilities 2019: $585,879Net Assets 2019: $3,445,9722019Assets 2020: $4,041,236Liabilities 2020: $602,561Net Assets 2020: $3,438,6752020Assets 2021: $5,589,868Liabilities 2021: $710,497Net Assets 2021: $4,879,3712021Assets 2022: $6,260,721Liabilities 2022: $1,019,085Net Assets 2022: $5,241,6362022Assets 2023: $7,818,217Liabilities 2023: $633,743Net Assets 2023: $7,184,4742023Assets 2024: $9,026,063Liabilities 2024: $744,309Net Assets 2024: $8,281,7542024

Highlighted filing

2024

Assets$9,026,063
Liabilities$744,309
Net Assets$8,281,754
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,597,095Expenses 2011: $1,208,361Net Income 2011: $388,7342011Revenue 2012: $1,711,692Expenses 2012: $1,268,414Net Income 2012: $443,2782012Revenue 2013: $2,094,829Expenses 2013: $1,644,311Net Income 2013: $450,5182013Revenue 2014: $1,680,923Expenses 2014: $1,966,323Net Income 2014: -$285,4002014Revenue 2015: $2,371,683Expenses 2015: $2,549,383Net Income 2015: -$177,7002015Revenue 2016: $2,494,313Expenses 2016: $2,691,441Net Income 2016: -$197,1282016Revenue 2017: $3,159,552Expenses 2017: $2,941,176Net Income 2017: $218,3762017Revenue 2018: $3,605,489Expenses 2018: $3,300,751Net Income 2018: $304,7382018Revenue 2019: $3,412,370Expenses 2019: $3,297,683Net Income 2019: $114,6872019Revenue 2020: $2,224,523Expenses 2020: $2,135,068Net Income 2020: $89,4552020Revenue 2021: $3,173,147Expenses 2021: $1,839,374Net Income 2021: $1,333,7732021Revenue 2022: $4,264,274Expenses 2022: $3,645,982Net Income 2022: $618,2922022Revenue 2023: $6,507,282Expenses 2023: $4,753,454Net Income 2023: $1,753,8282023Revenue 2024: $7,404,448Expenses 2024: $5,577,795Net Income 2024: $1,826,6532024

Highlighted filing

2024

Revenue$7,404,448
Expenses$5,577,795
Net Income$1,826,653
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,026,063
Liabilities
$744,309
Net assets
$8,281,754
Revenue
$7,404,448
Expenses
$5,577,795
Net income
$1,826,653
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.03$0.74$8.28$7.40$5.58$1.83
2023Detailed filing. Detailed filing data is available for this year.$7.82$0.63$7.18$6.51$4.75$1.75
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$1.02$5.24$4.26$3.65$0.62
2021Detailed filing. Detailed filing data is available for this year.$5.59$0.71$4.88$3.17$1.84$1.33
2020Detailed filing. Detailed filing data is available for this year.$4.04$0.60$3.44$2.22$2.14$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.03$0.59$3.45$3.41$3.30$0.11
2018Detailed filing. Detailed filing data is available for this year.$4.03$0.65$3.38$3.61$3.30$0.30
2017Detailed filing. Detailed filing data is available for this year.$4.09$1.07$3.02$3.16$2.94$0.22
2016Summary only. Only limited summary data is available for this year.$4.09$2.27$1.82$2.49$2.69$0.20
2015Summary only. Only limited summary data is available for this year.$4.02$1.95$2.07$2.37$2.55$0.18
2014Summary only. Only limited summary data is available for this year.$3.61$1.34$2.27$1.68$1.97$0.29
2013Summary only. Only limited summary data is available for this year.$3.36$0.84$2.51$2.09$1.64$0.45
2012Summary only. Only limited summary data is available for this year.$3.17$1.07$2.10$1.71$1.27$0.44
2011Summary only. Only limited summary data is available for this year.$2.64$0.26$2.38$1.60$1.21$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$7,404,448
Mission and Program Overview

Mission

Founded in 2005, Ascend is the first and largest global network advancing Asian and Pacific Islander (API) professionals the workplace. Ascends 60+ chapters partner with global organizations to cultivate and empower API talent as they rise to their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,367,896$4,198,518▲ $830,622
Investments in Publicly Traded Securities$1,810,111$3,277,211▲ $1,467,100
Savings and Temporary Cash Investments$77,287$827,350▲ $750,063
Investments Other Securities$1,808,992$258,759▼ $1,550,233
Accounts Receivable$22,501$116,855▲ $94,354
Prepaid Expenses and Deferred Charges$43,509$60,801▲ $17,292
Total Assets$7,818,217$9,026,063▲ $1,207,846
Other Assets Total$687,921$286,569▼ $401,352
Liabilities
Deferred Revenue$432,113$537,868▲ $105,755
Accounts Payable and Accrued Expenses$87,494$128,118▲ $40,624
Other Liabilities$114,136$78,323▼ $35,813
Total Liabilities$633,743$744,309▲ $110,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,032,024$8,281,754▲ $1,249,730
Net Assets With Donor Restrictions$152,450--
Total Net Assets Fund Balance$7,184,474$8,281,754▲ $1,097,280
Total Liabilities and Net Assets / Fund Balance$7,818,217$9,026,063▲ $1,207,846

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$105,530--
Other Securities$258,759--
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleBaseOtherTotal
Tifanny PapishNational Director$140,125$38,864$178,989
Katherine LeeNational Director Business Devel$136,971$15,075$152,046
Katherine LeeNational Director Business Development$136,971$15,075$152,046
Allison GrahamHead of Marketing$137,692$13,531$151,223
Annalie FritzHead of HR$129,808$21,149$150,957
Robina SinghNational Director Programs Mark$134,736$13,221$147,957
Rupa SethuDirector Chapters$126,084$21,749$147,833

Board Members and Trustees

NameTitle
Zi Liang ChauBusiness Development Associat
Arielle Josephin AlibudbudChapters Associate
Larry LowCOO
Marco SotoEvents Associate
Molly EngenEvents Coordinator
Juming ZhouFinance Assistant
Khaya CaineManager of Programs and Speak
Sau NgarWinnie LiManager Office Operations an
Shamiha ZamanMarketing Coordinator
Hilary JohnsonMarketing Project Manager
Michael JeeNational Program Manager Str
Miaochun TanOperations and Finance Coordi
Rachel HueyProgram Assistant
James CruzProject & Program Associate
Sol lp PyoProject Coordinator
Claudia NgSocial Media Manager
Jeff ChinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Torrid Red Inc eMemblerHosting & Web Serv18501 East San Jose Avenue, Rowland Heights, CA 91748$188,500
Small Large LLCResearch & Writing-$110,025
Revenue and Support

Revenue Composition

Contributions and Grants
$855,553
Program Service Revenue
$6,042,900
Investment Income
$505,995
Other Revenue
$0
All Other Contributions
$37,503
Change in Net Assets
$1,826,653

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,404,448
Total Revenue per Audited Statements
$7,404,448
Total Revenue per Form 990
$7,404,448
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,432,060
Salaries, Compensation, and Employee Benefits$2,142,449
Total Fundraising Expense$223,177
Grants and Similar Amounts Paid$3,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,986,803$16,901$10,729$2,014,433
Other Salaries and Wages$1,320,066$231,603$114,837$1,666,506
Fees for Services Other$623,205$129,552$41,835$794,592
Other Employee Benefits$251,846$44,186$21,909$317,941
Office Expenses$255,720$28,980$12,616$297,316
Payroll Taxes$125,156$21,958$10,888$158,002
Occupancy$94,938$16,657$8,259$119,854
Travel$48,370$37,793-$86,163
Other Expenses$37,504$13,288$1,015$51,807
Fees for Services Legal-$28,068-$28,068
Insurance$17,464$2,196$1,089$20,749
Fees for Services Accounting-$15,000-$15,000
Grants to Domestic Orgs$3,286--$3,286
Advertising$167$180-$347
Total Functional Expenses$4,766,216$588,402$223,177$5,577,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,577,795
Total Expenses per Audited Statements$5,577,795
Total Expenses per Form 990$5,577,795
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease liabilities - noncurent porti$54,490
Lease liabilities - curent portion$23,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Ascend, inc. Is a membership organization and collects dues from its members.”

Member election for additional members Part VI line 7A

“Members elect the organizations officers and board of directors but are not given authority to make governing decisions.”

Form 990 governing body review Part VI line 11

“Process the organization uses to review form 990: the accounting manager compares tax return to financial statements and other relevant documents. After any changes are made tax return is forwarded to board for review prior to filing with irs.”

Conflict of interest policy compliance Part VI line 12C

“Organization has a written conflict of interest policy where officers, directors, or trustees, and key employees are required to disclose annually interests that could give rise to conflicts. Organization regularly and consistently monitor and enforce compliance with the policy.”

CEO executive director top management comp Part VI line 15A

“The board does not approve specific compensation. Ascend does a comparison to other nonprofits to conduct market survey and sets a range for employee levels which the board reviews in connection with budget approval.”

Other officer or key employee compensation Part VI line 15B

“The board does not approve specific compensation. Ascend does a comparison to other nonprofits to conduct market survey and sets a range for employee levels which the board reviews in connection with budget approval.”

Governing documents etc available to public Part VI line 19

“Process the organization uses to make documents available to the public for inspection: organizations governing documents, conflict of interest policy and financial statements are available for public inspection on organizations main office upon request.”

Filing and Contact Details

Filer

Filer Name
Ascend Inc
EIN
51-0527847
Address
262 West 38th Street STE 503, New York, NY 10018

Signing Officer

Name
Jeff Chin
Title
Treasurer
Phone
2122484888
Signed
2025-08-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Jeff Chin
Formed
2004
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
22
Volunteers
317

Preparer

Firm
Padilla and Company LLP
Address
175-61 Hillside Avenue Ste 200, Jamaica, NY 11432
Preparer
Jose Paolo Espiritu
Phone
7185585858
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“To align the beginning balance reported in the prior years tax return with the audited beginning net asset balance.”

List of other fees for services expenses Part IX line 11G

“Other professional fees: Honorarium, Marketing, Payroll Processing Fees, Computer Services, Staff Development, Others”

Part III response or note to any other line in Part III

“Part III, Line 4BASCEND CHAPTERS:OUR ASCEND CHAPTERS ARE REGIONALLY BASED ACROSS THE U.S.A. TO PROVIDE PREMIER ENGAGEMENT OPPORTUNITIES FOR OUR PARTNERS THROUGH YEAR-ROUND PROGRAMS AND ANNUAL CONFERENCES. OUR GROWING NUMBER OF PROFESSIONAL CHAPTERS INCLUDE A MEMBERSHIP BASE OF CORPORATE EXECUTIVES, MANAGERS AND PROFESSIONALS ACROSS VARIOUS INDUSTRIES. IN AN EFFORT TO CULTIVATE AND ADVANCE PAN-ASIAN PROFESSIONALS, OUR CHAPTERS ORGANIZE A VARIETY OF LOCAL EVENTS AND SOCIAL MIXERS, AND DELIVER LOCAL PROGRAMS SUCH AS PROFESSIONAL DEVELOPMENT WORKSHOPS, REGIONAL CONFERENCES AND MENTORING PROGRAMS. CHAPTERS ALSO ENCOURAGE AND PROMOTE CIVIC ENGAGEMENT THROUGH COMMUNITY SERVICE. OUR STUDENT CHAPTERS AT COLLEGES AND UNIVERSITIES ARE AFFILIATED WITH A REGIONAL PROFESSIONAL CHAPTER TO P”

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“Ascend, inc. Is exempt from income taxes under section 501(c)(6) of the internal revenue code. Ascend, inc. Has analyzed tax positions taken for filing with the internal revenue service and state jurisdictions where it operates. Ascend, inc. Does not anticipate any significant uncertain tax positions that would require recognition in the consolidated financial statements. Periods ending in 2021 and subsequent remain subject to examination by the taxing authorities.”

Raw XML AppendixShowing 400 of 603 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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