Civic Intelligence

Ascend Inc

990 • Fiscal year 2021 • EIN 51-0527847

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 12, 2022

160 Broadway 6th FL East BuildingNew York, NY 10038

(212) 248-4888

Siviq Scores

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

Liabilities / Assets

38th percentile

0.13x

Higher debt load relative to assets than 38% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.22x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Net Margin

92nd percentile

42%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

24th percentile

$161,256

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Asset Growth

89th percentile

38%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

43%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,589,868

Up $1,548,632 (+38%) from 2020

Net Assets

Up

$4,879,371

Up $1,440,696 (+42%) from 2020

Liabilities

Up

$710,497

Up $107,936 (+18%) from 2020

Revenue

Up

$3,173,147

Up $948,624 (+43%) from 2020

Expenses

Down

$1,839,374

Down $295,694 (-14%) from 2020

Net Income

Up

$1,333,773

Up $1,244,318 (+1391%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$5,589,868
Liabilities$710,497
Net Assets$4,879,371

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$3,173,147
Expenses$1,839,374
Net Income$1,333,773
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 12, 2022
Return Version
2020v4.0
Gross Receipts
$3,173,147
Mission and Program Overview

Mission

To promote the contributions of asian american in business, to serve as role model for young asians, to cultivate growth of business leaders, advance networking and business development, to serve the public and the community by encouraging community service and involvement, disseminating business information and to promote business by providing scholarship programs to assist asian american students pursuing higher education opportunities. To enhance the presence, influence and visibility of current and future Pan-Asian business leaders, develop the full potential of members by leveraging the Ascend networks to build connections through our mentoring and leadership programs and build awareness and eminence for our corporate partners while helping them to achieve their business, talent and diversity goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,551,956$2,126,644▼ $425,312
Cash and Non-Interest-Bearing Accounts$901,918$1,436,729▲ $534,811
Savings and Temporary Cash Investments$227,724$1,052,836▲ $825,112
Accounts Receivable$271,469$539,800▲ $268,331
Prepaid Expenses and Deferred Charges$10,831$11,695▲ $864
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,041,236$5,589,868▲ $1,548,632
Other Assets Total$77,338$422,164▲ $344,826
Liabilities
Deferred Revenue$418,850$418,050▼ $800
Unsecured Notes Loans Payable-$184,622-
Other Liabilities$146,711--
Accounts Payable and Accrued Expenses$37,000$107,825▲ $70,825
Total Liabilities$602,561$710,497▲ $107,936
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,438,675$4,879,371▲ $1,440,696
Total Net Assets Fund Balance$3,438,675$4,879,371▲ $1,440,696
Total Liabilities and Net Assets / Fund Balance$4,041,236$5,589,868▲ $1,548,632

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$17,592--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tifanny PapishNational DirectorFT$124,000$37,256$161,256
Katherine LeeNational directorFT$118,603$13,301$131,904
Peyen FongNational AdvisorFT$110,490-$110,490

Board Members and Trustees

NameTitle
Anna MokPresident
Hussain HasanBoard Member
Kristin YosihidaBoard Member
Susan ChungBoard Member
Yogesh BahlBoard Member
Larry LowCOO
Andrew T HahnSecretary
Jeff ChinTreasurer
Jenny C WeiVP of IA
Tariq KhanVP of Stu. Aff.

Highest Paid Contractors

ContractorServicesLocationCompensation
TorridRed IncSupport service2306 April Dr, Jamison, PA 18929$141,580
Revenue and Support

Revenue Composition

Contributions and Grants
$334,614
Program Service Revenue
$2,803,984
Investment Income
$34,549
Other Revenue
$0
All Other Contributions
$21,867
Change in Net Assets
$1,333,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,173,147
Revenue Not Reported on Form 990
$3,061,899
Total Revenue per Audited Statements
$6,235,046
Total Revenue per Form 990
$3,173,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,031,913
Other Expenses$801,334
Total Fundraising Expense$116,287
Grants and Similar Amounts Paid$6,127
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$617,161$129,929$64,964$812,054
Fees for Services Other$442,357$26,737$13,369$482,463
Other Employee Benefits$118,194$24,883$12,441$155,518
Occupancy$90,602$19,074$9,538$119,214
Office Expenses$53,291$8,184$4,092$65,567
Payroll Taxes$48,899$10,294$5,148$64,341
Conferences and Meetings$47,505$3,653$1,825$52,983
Fees for Services Accounting$16,036$3,376$1,688$21,100
Fees for Services Legal$13,629$2,869$1,436$17,934
Insurance$7,110$1,497$748$9,355
Grants to Domestic Orgs$6,127--$6,127
Travel$1,723$363$181$2,267
Other Expenses$81$19$10$81
Total Functional Expenses$1,480,513$242,574$116,287$1,839,374

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,779,581
Expenses per Audited Statements$1,839,374
Total Expenses per Form 990$1,839,374
Expenses Not Reported on Form 990$940,207
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pratham USAHouston, TX-Support golf event$6,127
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

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

Form 990, Part VI, Line 11B: Form 990 Review Process

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 and approval. Once approved form 990 is filed with irs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Organization has a written conflict of interest policy were 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.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Process the organization uses to determine compensation: all salaries are apporved by board committee and consistent with salaries of nonprofit organizations of similar size and scope of work.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Process the organization uses to determine compensation: all salaries are apporved by board committee and consistent with salaries of nonprofit organizations of similar size and scope of work.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

Filing and Contact Details

Filer

Filer Name
Ascend Inc
EIN
51-0527847
Phone
2122484888
Address
160 BROADWAY 6TH FL EAST BUILDING, NEW YORK, NY 10038

Signing Officer

Name
Larry Low
Title
COO
Signed
2022-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Chin
Formed
2004
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
290

Preparer

Firm
Ncheng Llp Certified Public Accountants
Address
40 WALL ST 32ND FL, NEW YORK, NY 10005
Preparer
Nerou Cheng
Phone
2127850100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Other miscellaneous programs:Ascend Inc. provides other miscellaneous programs in an effort to cultivate and advance Pan-Asian professionals.

Financial Statement Notes

Part X : FIN48 Footnote

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 2018 and subsequent remain subject to examination by the taxing authorities.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Adjustment to consolidated FS $2938520

Part XII, Line 2D: Other expenses and losses per audited F/S

Adjustment to consolidated FS $940207

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0National Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1National director
IRS990/Form990PartVIISectionAGrp/TitleTxt2National Advisor
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP of IA
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP OF STU. AFF.
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12COO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0184622
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt06127
IRS990/GrantsToDomesticOrgsGrp/TotalAmt06127
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03173147
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0748
IRS990/InsuranceGrp/ManagementAndGeneralAmt01497
IRS990/InsuranceGrp/ProgramServicesAmt07110
IRS990/InsuranceGrp/TotalAmt09355
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt0-16456
IRS990/InvestmentIncomeGrp/ExclusionAmt034549
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034549
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02551956
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02126644
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0128125
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To promote the contributions of asian american in business, to serve as role model for young asians, to cultivate growth of business leaders, advance networking and business development, to serve the public and the community by encouraging community service and involvement, disseminating business information and to promote business by providing scholarship programs to assist asian american students pursuing higher education opportunities. To enhance the presence, influence and visibility of current and future Pan-Asian business leaders, develop the full potential of members by leveraging the Ascend networks to build connections through our mentoring and leadership programs and build awareness and eminence for our corporate partners while helping them to achieve their business, talent and diversity goals.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03438675
IRS990/NetAssetsOrFundBalancesEOYAmt04879371
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0123379
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03438675
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04879371
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02314
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt09538
IRS990/OccupancyGrp/ManagementAndGeneralAmt019074
IRS990/OccupancyGrp/ProgramServicesAmt090602
IRS990/OccupancyGrp/TotalAmt0119214
IRS990/OfficeExpensesGrp/FundraisingAmt04092
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08184
IRS990/OfficeExpensesGrp/ProgramServicesAmt053291
IRS990/OfficeExpensesGrp/TotalAmt065567
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt077338
IRS990/OtherAssetsTotalGrp/EOYAmt0422164
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012441
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024883
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0118194
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0155518
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1Bad debt
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PRINTING AND COPYING
IRS990/OtherExpensesGrp/FundraisingAmt0847
IRS990/OtherExpensesGrp/FundraisingAmt110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01696
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt219
IRS990/OtherExpensesGrp/ProgramServicesAmt017707
IRS990/OtherExpensesGrp/ProgramServicesAmt191
IRS990/OtherExpensesGrp/ProgramServicesAmt281
IRS990/OtherExpensesGrp/TotalAmt020250
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt2120
IRS990/OtherExpensesGrp/TotalAmt381
IRS990/OtherLiabilitiesGrp/BOYAmt0146711
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064964
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0129929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0617161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0812054
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt05148
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010294
IRS990/PayrollTaxesGrp/ProgramServicesAmt048899
IRS990/PayrollTaxesGrp/TotalAmt064341
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010831
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011695
IRS990/PrincipalOfficerNm0JEFF CHIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program services fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02803984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02803984
IRS990/ProgSrvcAccomActy2Grp/Desc0Professional and student chapters:Ascend Inc.'s professional chapters organize a variety of local events and social mixers, and deliver local programs such as professional development workshops, regional conferences and mentoring programs. Professional chapters also encourage and promote civic engagement through community service. Ascend Inc.'s student chapters bring unique value to the members by creating a platform for career development and to build a network of mentors and coaches. With focus on fostering the next generation of Pan-Asian leaders, student chapters organize networking events, resume writing sessions, mock-interviews, company visits, and deliver programs focused on leadership training.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0368482
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06127
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0487398
IRS990/ProgSrvcAccomActy3Grp/Desc0EXECUTIVE INSIGHT SERIES:THE EXECUTIVE INSIGHT SERIES (EIS) ASSISTS HIGH-POTENTIAL PAN-ASIAN MANAGERS, SENIOR PROFESSIONALS AND YOUNG EXECUTIVES ATTAIN LEADERSHIP ROLES IN MAJOR NORTH AMERICAN CORPORATIONS. EIS PROVIDES INSIGHT INTO KEY CHARACTERISTICS, SPECIFIC BEHAVIORS, COMPETENCIES, AND EXPERIENCES REQUIRED TO REACH THE EXECUTIVE LEVEL. PARTICIPANTS TYPICALLY HAVE 8-12 YEARS OF EXPERIENCE AND HOLD MANAGER, DIRECTOR, OR VICE PRESIDENT POSITIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0132820
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0277938
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0163654
IRS990/PYGrantsAndSimilarPaidAmt018203
IRS990/PYInvestmentIncomeAmt0193271
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01078619
IRS990/PYProgramServiceRevenueAmt01867598
IRS990/PYRevenuesLessExpensesAmt089455
IRS990/PYSalariesCompEmpBnftPaidAmt01038246
IRS990/PYTotalExpensesAmt02135068
IRS990/PYTotalRevenueAmt02224523
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01333773
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01987149
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0227724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01052836
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/ExpensesNotReportedAmt0940207
IRS990ScheduleD/ExpensesSubtotalAmt01839374
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0123379
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0404572
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt117592
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from affiliate
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt0940207
IRS990ScheduleD/OtherRevenueAmt02938520
IRS990ScheduleD/RevenueNotReportedAmt03061899
IRS990ScheduleD/RevenueSubtotalAmt03173147
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASCEND, 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 2018 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Adjustment to consolidated FS $2938520
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Adjustment to consolidated FS $940207
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0422164
IRS990ScheduleD/TotalExpensesPerForm990Amt01839374
IRS990ScheduleD/TotalRevenuePerForm990Amt03173147
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06235046
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02779581
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt06127
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00

Document Assets

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Filings

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