Civic Intelligence

Ascend Leadership Academy Inc.

990 • Fiscal year 2019 • EIN 82-2660338

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

Organization ProfileWWW.ASCENDLEADERSHIPACADEMY.ORG

View Organization Page

283 Harvey Faulk RoadSanford, NC 27332

(919) 842-5411

Siviq Scores

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

Liabilities / Assets

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.04x

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

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

48th percentile

3.2%

Higher net margin than 48% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

42nd percentile

$39,811

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets77th percentile

Assets

$86,543

No earlier filing loaded for comparison.

Net Assets

$41,289

No earlier filing loaded for comparison.

Liabilities

$45,254

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin48th percentile

Revenue

$1,279,948

No earlier filing loaded for comparison.

Expenses

$1,238,659

No earlier filing loaded for comparison.

Net Income

$41,289

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30M$20M$10M$0-$10MAssets 2019: $86,543Liabilities 2019: $45,254Net Assets 2019: $41,2892019Assets 2020: $312,260Liabilities 2020: $90,551Net Assets 2020: $221,7092020Assets 2021: $703,081Liabilities 2021: $148,002Net Assets 2021: $555,0792021Assets 2022: $19,652,190Liabilities 2022: $20,102,650Net Assets 2022: -$450,4602022Assets 2023: $18,270,247Liabilities 2023: $19,315,345Net Assets 2023: -$1,045,0982023Assets 2024: $17,842,608Liabilities 2024: $19,326,789Net Assets 2024: -$1,484,1812024

Highlighted filing

2019

Assets$86,543
Liabilities$45,254
Net Assets$41,289
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2019: $1,279,948Expenses 2019: $1,238,659Net Income 2019: $41,2892019Revenue 2020: $2,604,009Expenses 2020: $2,423,589Net Income 2020: $180,4202020Revenue 2021: $3,683,299Expenses 2021: $3,349,929Net Income 2021: $333,3702021Revenue 2022: $5,113,619Expenses 2022: $6,119,158Net Income 2022: -$1,005,5392022Revenue 2023: $6,306,450Expenses 2023: $6,901,088Net Income 2023: -$594,6382023Revenue 2024: $6,995,135Expenses 2024: $7,434,218Net Income 2024: -$439,0832024

Highlighted filing

2019

Revenue$1,279,948
Expenses$1,238,659
Net Income$41,289
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$1,279,948
Mission and Program Overview

Mission

Our mission is to develop successful student leaders by growing their self-efficacy, intellectual understanding, and social competence. Ala will accomplish this by applying innovative teaching methods, incorporating student cultural realities, and cultivating student ownership in the learning community.

Ascend leadership academy seeks to develop successful student leaders by growing their self-efficacy, intellectual understanding, and social competence. Ala will accomplish this by applying innovative teaching methods, incorporating student cultural realities, and cultivating student ownership in the learning community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$81,543-
Rtn Earn Endowment Incm Other Fnds$0$36,289▲ $36,289
Land, Buildings, and Equipment, Net$0$5,000▲ $5,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$5,000▲ $5,000
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$86,543▲ $86,543
Liabilities
Accounts Payable and Accrued Expenses-$45,254-
Total Liabilities$0$45,254▲ $45,254
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$41,289▲ $41,289
Total Liabilities and Net Assets / Fund Balance$0$86,543▲ $86,543

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,000--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Justin SmithManaging DirectorFT$39,811$39,811

Board Members and Trustees

NameTitle
Don DraughonBoard Chair
Laurell MaloneVice Chair
Anna FonkeBoard Member
Steven GatlinSecretary
Ebony ArringtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,264,241
Program Service Revenue
$15,707
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,621
Change in Net Assets
$41,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,279,948
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,279,948
Total Revenue per Form 990
$1,279,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$687,354
Other Expenses$551,305
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$422,202$88,452-$510,654
Occupancy-$280,130-$280,130
Current Officers, Directors, Trustees, and Key Employees-$79,999-$79,999
Other Employee Benefits$39,294$8,029-$47,323
Payroll Taxes$26,542$9,943-$36,485
Other Expenses$0$28,218-$28,218
Pension Plan Contributions$12,893--$12,893
Insurance-$9,901-$9,901
All Other Expenses$4,374$356-$4,730
Office Expenses-$1,943-$1,943
Total Functional Expenses$618,813$619,846$0$1,238,659

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,238,659
Total Expenses per Audited Statements$1,238,659
Total Expenses per Form 990$1,238,659
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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 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, Part VI, Section A, Line 7A

“This is managed through the voting process at board meetings and documented in the minutes.”

Form 990, Part VI, Section B, Line 11B

“A draft copy of the 990 return was provided to the board of directors for review.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policies are reviewed at board meetings and documented in the minutes.”

Form 990, Part VI, Section B, Line 15A

“Compensation is determined through the voting process at board meetings and documented in the minutes.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available for public inspection at the organization's office upon request. Organization staff are available to provide supervision and answer any questions the inquiring party may have.”

Filing and Contact Details

Filer

Filer Name
Ascend Leadership Academy
EIN
82-2660338
Phone
9198425411
Address
283 HARVEY FAULK ROAD, SANFORD, NC 27332

Signing Officer

Name
Justin T Smith
Title
Managing Director
Phone
9198425411
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin T Smith
Formed
2016
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
23
Volunteers
0

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Kenni E Doyle CPA
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“First year of operation for the school”

Financial Statement Notes

PART X, LINE 2:

“The school has adopted asc 740-10 as it relates to uncertain tax positions for the year ended june 30, 2019, and has evaluated its tax positions taken for all open tax years. However, the school is not currently under audit nor has the school been contacted by the internal revenue service. Based on the evaluation of the school's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2019.”

Raw XML Appendix378 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt045254
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ASCEND LEADERSHIP ACADEMY SEEKS TO DEVELOP SUCCESSFUL STUDENT LEADERS BY GROWING THEIR SELF-EFFICACY, INTELLECTUAL UNDERSTANDING, AND SOCIAL COMPETENCE. ALA WILL ACCOMPLISH THIS BY APPLYING INNOVATIVE TEACHING METHODS, INCORPORATING STUDENT CULTURAL REALITIES, AND CULTIVATING STUDENT OWNERSHIP IN THE LEARNING COMMUNITY.
IRS990/AllOtherContributionsAmt036621
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0356
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04374
IRS990/AllOtherExpensesGrp/TotalAmt04730
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09198425411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0283 HARVEY FAULK ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027332
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt081543
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt079999
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079999
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01264241
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0551305
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt015707
IRS990/CYRevenuesLessExpensesAmt041289
IRS990/CYSalariesCompEmpBnftPaidAmt0687354
IRS990/CYTotalExpensesAmt01238659
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01279948
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FACILITIES, TEACHERS, AND MATERIALS TO STUDENTS ENROLLED AT A PUBLIC CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0618813
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DON DRAUGHON
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVEN GATLIN
IRS990/Form990PartVIISectionAGrp/PersonNm2EBONY ARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNA FONKE
IRS990/Form990PartVIISectionAGrp/PersonNm4LAURELL MALONE
IRS990/Form990PartVIISectionAGrp/PersonNm5JUSTIN SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt539811
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01227620
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01279948
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09901
IRS990/InsuranceGrp/TotalAmt09901
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05000
IRS990/LandBldgEquipCostOrOtherBssAmt05000
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO DEVELOP SUCCESSFUL STUDENT LEADERS BY GROWING THEIR SELF-EFFICACY, INTELLECTUAL UNDERSTANDING, AND SOCIAL COMPETENCE. ALA WILL ACCOMPLISH THIS BY APPLYING INNOVATIVE TEACHING METHODS, INCORPORATING STUDENT CULTURAL REALITIES, AND CULTIVATING STUDENT OWNERSHIP IN THE LEARNING COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesEOYAmt041289
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0280130
IRS990/OccupancyGrp/TotalAmt0280130
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01943
IRS990/OfficeExpensesGrp/TotalAmt01943
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08029
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt039294
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047323
IRS990/OtherExpensesGrp/Desc0CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc1OTHER INSTRUCTIONAL SER
IRS990/OtherExpensesGrp/Desc2OTHER SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc3FACILITIES & UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt242687
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt328218
IRS990/OtherExpensesGrp/ProgramServicesAmt045642
IRS990/OtherExpensesGrp/ProgramServicesAmt167866
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0115830
IRS990/OtherExpensesGrp/TotalAmt167866
IRS990/OtherExpensesGrp/TotalAmt242687
IRS990/OtherExpensesGrp/TotalAmt328218
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt088452
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0422202
IRS990/OtherSalariesAndWagesGrp/TotalAmt0510654
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09943
IRS990/PayrollTaxesGrp/ProgramServicesAmt026542
IRS990/PayrollTaxesGrp/TotalAmt036485
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt05000
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012893
IRS990/PensionPlanContributionsGrp/TotalAmt012893
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JUSTIN T SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2624410
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ATHLETICS
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2BEFORE & AFTER SCHOOL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16716
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16716
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2190
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt041289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015707
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt036289
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05000
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01238659
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01279948
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2019, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THE INTERNAL REVENUE SERVICE. BASED ON THE EVALUATION OF THE SCHOOL'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05000
IRS990ScheduleD/TotalExpensesPerForm990Amt01238659
IRS990ScheduleD/TotalRevenuePerForm990Amt01279948
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01279948
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01238659
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ASCEND LEADERSHIP ACADEMY'S EDUCATION PROGRAM IS PUBLICIZED ORALLY AT OPEN HOUSES, INCLUDED IN WRITTEN EDUCATION BROCHURES, AND POSTED ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS IS MANAGED THROUGH THE VOTING PROCESS AT BOARD MEETINGS AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE 990 RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICIES ARE REVIEWED AT BOARD MEETINGS AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED THROUGH THE VOTING PROCESS AT BOARD MEETINGS AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FIRST YEAR OF OPERATION FOR THE SCHOOL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt086543
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt086543
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01264241
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0619846
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0618813
IRS990/TotalFunctionalExpensesGrp/TotalAmt01238659
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt045254
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt045254
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041289
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0618813
IRS990/TotalProgramServiceRevenueAmt015707
IRS990/TotalReportableCompFromOrgAmt039811
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015707
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01279948
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt086543
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0283 HARVEY FAULK ROAD
IRS990/USAddress/CityNm0SANFORD
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027332
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ASCENDLEADERSHIPACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN T SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09198425411
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASCEND LEADERSHIP ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0822660338
ReturnHeader/Filer/PhoneNum09198425411
ReturnHeader/Filer/USAddress/AddressLine1Txt0283 HARVEY FAULK ROAD
ReturnHeader/Filer/USAddress/CityNm0SANFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027332
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05C511D7D7579B682110178C91BC4B237A7A01607
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D6CA3E4FD539C4B301CFADC9F0D5540429090824
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt03.220.243.49
ReturnHeader/FilingSecurityInformation/IPDt02020-07-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:24:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0434 COPPERFIELD BLVD NE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028025
ReturnHeader/PreparerPersonGrp/PhoneNum07047868189
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNI E DOYLE CPA
ReturnHeader/ReturnTs02020-07-14T12:24:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$86,543
Liabilities
$45,254
Net assets
$41,289
Revenue
$1,279,948
Expenses
$1,238,659
Net income
$41,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.8$19.3$1.48$7.00$7.43$0.44
2023Detailed filing. Detailed filing data is available for this year.$18.3$19.3$1.05$6.31$6.90$0.59
2022Detailed filing. Detailed filing data is available for this year.$19.7$20.1$0.45$5.11$6.12$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.15$0.56$3.68$3.35$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.09$0.22$2.60$2.42$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.05$0.04$1.28$1.24$0.04