Civic Intelligence

Ascension Academy

990 • Fiscal year 2024 • EIN 75-2564283

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 24, 2025

Organization ProfileWWW.ASCENSIONACADEMY.ORG

View Organization Page

PO Box 50729Amarillo, TX 79159-0729

(806) 342-0515

Siviq Scores

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

Liabilities / Assets

65th percentile

0.26x

Higher debt load relative to assets than 65% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.31x

Higher debt load relative to revenue than 87% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

5th percentile

-62%

Higher net margin than 5% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$168,508

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

10th percentile

-11%

Faster asset growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$8,132,336

Down $1,052,493 (-11%) from 2023

Net Assets

Down

$6,057,846

Down $913,868 (-13%) from 2023

Liabilities

Down

$2,074,490

Down $138,625 (-6.3%) from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin5th percentile

Revenue

Down

$1,579,162

Down $366,293 (-19%) from 2023

Expenses

Up

$2,556,896

Up $93,865 (+3.8%) from 2023

Net Income

Down

-$977,734

Down $460,158 (-89%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$15M$10M$5.0M$0Assets 2011: $6,915,259Liabilities 2011: $186,223Net Assets 2011: $6,729,0362011Assets 2012: $9,949,019Liabilities 2012: $445,263Net Assets 2012: $9,503,7562012Assets 2013: $12,234,689Liabilities 2013: $2,922,855Net Assets 2013: $9,311,8342013Assets 2014: $11,701,486Liabilities 2014: $2,969,277Net Assets 2014: $8,732,2092014Assets 2015: $11,461,945Liabilities 2015: $2,804,419Net Assets 2015: $8,657,5262015Assets 2016: $11,101,626Liabilities 2016: $2,697,598Net Assets 2016: $8,404,0282016Assets 2017: $10,559,027Liabilities 2017: $2,526,142Net Assets 2017: $8,032,8852017Assets 2018: $9,894,280Liabilities 2018: $2,208,503Net Assets 2018: $7,685,7772018Assets 2019: $9,402,283Liabilities 2019: $2,432,521Net Assets 2019: $6,969,7622019Assets 2020: $9,073,718Liabilities 2020: $2,093,879Net Assets 2020: $6,979,8392020Assets 2021: $8,859,764Liabilities 2021: $1,918,280Net Assets 2021: $6,941,4842021Assets 2022: $9,602,729Liabilities 2022: $2,129,134Net Assets 2022: $7,473,5952022Assets 2023: $9,184,829Liabilities 2023: $2,213,115Net Assets 2023: $6,971,7142023Assets 2024: $8,132,336Liabilities 2024: $2,074,490Net Assets 2024: $6,057,8462024Assets 2025: $7,390,417Liabilities 2025: $2,033,024Net Assets 2025: $5,357,3932025

Highlighted filing

2024

Assets$8,132,336
Liabilities$2,074,490
Net Assets$6,057,846
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,370,054Expenses 2011: $1,710,737Net Income 2011: -$340,6832011Revenue 2012: $4,667,844Expenses 2012: $1,893,124Net Income 2012: $2,774,7202012Revenue 2013: $1,913,632Expenses 2013: $2,105,554Net Income 2013: -$191,9222013Revenue 2014: $2,050,324Expenses 2014: $2,629,949Net Income 2014: -$579,6252014Revenue 2015: $2,567,143Expenses 2015: $2,641,826Net Income 2015: -$74,6832015Revenue 2016: $2,412,940Expenses 2016: $2,666,434Net Income 2016: -$253,4942016Revenue 2017: $2,252,402Expenses 2017: $2,634,100Net Income 2017: -$381,6982017Revenue 2018: $2,262,707Expenses 2018: $2,609,021Net Income 2018: -$346,3142018Revenue 2019: $1,919,005Expenses 2019: $2,631,398Net Income 2019: -$712,3932019Revenue 2020: $2,208,698Expenses 2020: $2,540,077Net Income 2020: -$331,3792020Revenue 2021: $2,389,524Expenses 2021: $2,505,984Net Income 2021: -$116,4602021Revenue 2022: $3,322,732Expenses 2022: $2,363,935Net Income 2022: $958,7972022Revenue 2023: $1,945,455Expenses 2023: $2,463,031Net Income 2023: -$517,5762023Revenue 2024: $1,579,162Expenses 2024: $2,556,896Net Income 2024: -$977,7342024Revenue 2025: $1,872,263Expenses 2025: $2,589,956Net Income 2025: -$717,6932025

Highlighted filing

2024

Revenue$1,579,162
Expenses$2,556,896
Net Income-$977,734
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 24, 2025
Return Version
2023v6.0
Gross Receipts
$1,659,929
Mission and Program Overview

Mission

To provide an exemplary college preparatory education in a challenging, faith-affirming environment to maximize the potential of every student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,733,340$7,427,359▼ $305,981
Investments in Publicly Traded Securities$1,011,171$605,142▼ $406,029
Cash and Non-Interest-Bearing Accounts$416,586$95,272▼ $321,314
Accounts Receivable$19,871--
Prepaid Expenses and Deferred Charges$3,861$4,563▲ $702
Total Assets$9,184,829$8,132,336▼ $1,052,493
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,928,039$1,797,516▼ $130,523
Accounts Payable and Accrued Expenses$127,161$139,961▲ $12,800
Deferred Revenue$157,915$137,013▼ $20,902
Total Liabilities$2,213,115$2,074,490▼ $138,625
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,613,210$5,983,892▼ $629,318
Net Assets With Donor Restrictions$358,504$73,954▼ $284,550
Total Net Assets Fund Balance$6,971,714$6,057,846▼ $913,868
Total Liabilities and Net Assets / Fund Balance$9,184,829$8,132,336▼ $1,052,493

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,847,690$4,054,755$9,902,445
Land$1,500,000-$1,500,000
Equipment$79,669$843,264$922,933

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,011,171-▲ $103,119$500,000$605,143
2022$381,427$600,000▲ $29,744-$1,011,171
2021$425,096-▼ $43,669-$381,427
2020$355,036-▲ $70,060-$425,096
2019$350,907-▲ $4,210-$355,036
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim OdittHead of SchoFT$158,308$10,200$168,508
Tim OdittHead of School-$158,308$10,200$168,508

Board Members and Trustees

NameTitle
Patrick SwindellChairman
Steve BeckhamVice Chairma
Dey GabrielPaa Presiden
Annie MclaughlinRegent
Bill HarrisRegent
Paul EnglerRegent
Shane HallRegent
Simon LeechSecretary
Lance JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$177,655
Program Service Revenue
$1,316,791
Investment Income
$45,140
Other Revenue
$39,576
All Other Contributions
$177,655
Change in Net Assets
$-977,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,959,665
Other Expenses$597,231
Total Fundraising Expense$200,255
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,021,587$412,678$114,893$1,549,158
Depreciation Depletion$255,424--$255,424
Current Officers, Directors, Trustees, and Key Employees$102,000$34,000$34,000$170,000
Payroll Taxes$79,671$34,171$11,390$125,232
Interest$62,172--$62,172
Other Employee Benefits$47,971--$47,971
Insurance$43,102--$43,102
All Other Expenses$42,288--$42,288
Comp Disqual Persons$40,261--$40,261
Advertising--$39,972$39,972
Occupancy$37,119--$37,119
Information Technology$27,990--$27,990
Pension Plan Contributions$27,043--$27,043
Office Expenses$11,114--$11,114
Fees for Service Investment Mgmnt Fees$9,147--$9,147
Other Expenses$8,582--$8,582
Fees for Services Accounting$4,284--$4,284
Conferences and Meetings$2,329--$2,329
Fees for Services Other$248--$248
Total Functional Expenses$1,875,792$480,849$200,255$2,556,896
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$106,161
Fundraising Direct Expenses$13,579
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$103,838$103,838$3,639$100,199
Total Events$103,838$103,838$12,829$91,009
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 11B

“A copy of the tax return was provided to the board of regents prior to filing.”

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

“The board of regents are required to review and disclose any conflicts of interest annually. Any known conflicts must be approved, or ratified in good faith, by a majority of regents not including the interested regent.”

Form 990, Page 6, Part VI, Line 15A

“The board annually reviews and approves the head of school's salary.”

Form 990, Page 6, Part VI, Line 19

“The governing documents and tax returns are available at ascension academy's offices upon request.”

Filing and Contact Details

Filer

Filer Name
Ascension Academy
EIN
75-2564283
Phone
8063420515
Address
PO BOX 50729, AMARILLO, TX 79159-0729

Signing Officer

Name
Tim Oditt
Title
Head of School
Phone
8063420515
Signed
2025-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Oditt
Formed
1994
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
55

Preparer

Firm
Stewart Martin Dudley & Webb Pc
Address
P O BOX 669, AMARILLO, TX 79105-0669
Preparer
Emily S Maybin CPA
Phone
8063747576
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Fundraising expenses 13,579 unrelated business expenses 67,188 fundraising expenses -13,579 unrelated business expenses -67,188 unrelated business depreciation -50,555 book / tax depreciation difference 50,555”

Raw XML AppendixShowing 400 of 480 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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IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01928039
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01797516
IRS990/NetAssetsOrFundBalancesBOYAmt06971714
IRS990/NetAssetsOrFundBalancesEOYAmt06057846
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt092582
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt092582
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-54188
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-54188
IRS990/NetUnrlzdGainsLossesInvstAmt063866
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06613210
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05983892
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt037119
IRS990/OccupancyGrp/TotalAmt037119
IRS990/OfficeExpensesGrp/ProgramServicesAmt011114
IRS990/OfficeExpensesGrp/TotalAmt011114
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047971
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047971
IRS990/OtherExpensesGrp/Desc0SPORTS EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER EDUCATION EXPENSES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE EXPENSES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt022410
IRS990/OtherExpensesGrp/ProgramServicesAmt117262
IRS990/OtherExpensesGrp/ProgramServicesAmt213788
IRS990/OtherExpensesGrp/ProgramServicesAmt38582
IRS990/OtherExpensesGrp/TotalAmt022410
IRS990/OtherExpensesGrp/TotalAmt117262
IRS990/OtherExpensesGrp/TotalAmt213788
IRS990/OtherExpensesGrp/TotalAmt38582
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01182
IRS990/OtherRevenueTotalAmt01182
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0114893
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0412678
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01021587
IRS990/OtherSalariesAndWagesGrp/TotalAmt01549158
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt011390
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034171
IRS990/PayrollTaxesGrp/ProgramServicesAmt079671
IRS990/PayrollTaxesGrp/TotalAmt0125232
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027043
IRS990/PensionPlanContributionsGrp/TotalAmt027043
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03861
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04563
IRS990/PrincipalOfficerNm0TIM ODITT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FEES
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01313191
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01313191
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179938
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036191
IRS990/PYOtherExpensesAmt0607303
IRS990/PYOtherRevenueAmt0142344
IRS990/PYProgramServiceRevenueAmt01586982
IRS990/PYRevenuesLessExpensesAmt0-517576
IRS990/PYSalariesCompEmpBnftPaidAmt01855728
IRS990/PYTotalExpensesAmt02463031
IRS990/PYTotalRevenueAmt01945455
IRS990/ReconcilationRevenueExpnssAmt0-977734
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-54188
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01316791
IRS990ScheduleA/SchoolInd0X
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.17000
IRS990ScheduleD/BuildingsGrp/BookValueAmt05847690
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04054755
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09902445
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt09147
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01011171
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0605143
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103119
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0500000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0381427
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0600000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01011171
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt029744
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0425096
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0381427
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-43669
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0355036
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0425096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070060
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt081
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0350907
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0355036
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04210
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt079669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0843264
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0922933
IRS990ScheduleD/LandGrp/BookValueAmt01500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500000
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.83000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07427359
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ASCENSION ACADEMY PUBLISHES THEIR NONDISCRIMINATORY POLICY ON THEIR WEBSITE AND ON ALL PARENT APPLICATIONS FOR ADMISSIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt01200
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01200
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012829
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03634
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03634
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0103838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0103838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0103838
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0103838
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt091009
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01875
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01875
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03639
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03639
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02481
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02481
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158308
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIM ODITT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0168508
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN WAS PROVIDED TO THE BOARD OF REGENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF REGENTS ARE REQUIRED TO REVIEW AND DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. ANY KNOWN CONFLICTS MUST BE APPROVED, OR RATIFIED IN GOOD FAITH, BY A MAJORITY OF REGENTS NOT INCLUDING THE INTERESTED REGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ANNUALLY REVIEWS AND APPROVES THE HEAD OF SCHOOL'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND TAX RETURNS ARE AVAILABLE AT ASCENSION ACADEMY'S OFFICES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSES 13,579 UNRELATED BUSINESS EXPENSES 67,188 FUNDRAISING EXPENSES -13,579 UNRELATED BUSINESS EXPENSES -67,188 UNRELATED BUSINESS DEPRECIATION -50,555 BOOK / TAX DEPRECIATION DIFFERENCE 50,555
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$8,132,336
Liabilities
$2,074,490
Net assets
$6,057,846
Revenue
$1,579,162
Expenses
$2,556,896
Net income
-$977,734
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.39$2.03$5.36$1.87$2.59$0.72
2024Detailed filing. Detailed filing data is available for this year.$8.13$2.07$6.06$1.58$2.56$0.98
2023Detailed filing. Detailed filing data is available for this year.$9.18$2.21$6.97$1.95$2.46$0.52
2022Detailed filing. Detailed filing data is available for this year.$9.60$2.13$7.47$3.32$2.36$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$1.92$6.94$2.39$2.51$0.12
2020Detailed filing. Detailed filing data is available for this year.$9.07$2.09$6.98$2.21$2.54$0.33
2019Detailed filing. Detailed filing data is available for this year.$9.40$2.43$6.97$1.92$2.63$0.71
2018Detailed filing. Detailed filing data is available for this year.$9.89$2.21$7.69$2.26$2.61$0.35
2017Detailed filing. Detailed filing data is available for this year.$10.6$2.53$8.03$2.25$2.63$0.38
2016Detailed filing. Detailed filing data is available for this year.$11.1$2.70$8.40$2.41$2.67$0.25
2015Detailed filing. Detailed filing data is available for this year.$11.5$2.80$8.66$2.57$2.64$0.07
2014Summary only. Only limited summary data is available for this year.$11.7$2.97$8.73$2.05$2.63$0.58
2013Summary only. Only limited summary data is available for this year.$12.2$2.92$9.31$1.91$2.11$0.19
2012Summary only. Only limited summary data is available for this year.$9.95$0.45$9.50$4.67$1.89$2.77
2011Summary only. Only limited summary data is available for this year.$6.92$0.19$6.73$1.37$1.71$0.34