Civic Intelligence

Ascent Classical Foundation

EIN 86-3943208 • 501(c)3 • Golden, CO

Profile

The Ascent Classical Foundation seeks to preserve and promote the best of the Western tradition, to pass this heritage along to current and future generations.

4690 Table Mountain DriveGolden, CO 80403

n/A

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

84%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

$296,042

No earlier filing loaded for comparison.

Liabilities

$47,317

No earlier filing loaded for comparison.

Net Assets

$248,725

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue85th percentileNet Margin96th percentile

Revenue

$296,275

No earlier filing loaded for comparison.

Expenses

$47,550

No earlier filing loaded for comparison.

Net Income

$248,725

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2022: $296,042Liabilities 2022: $47,317Net Assets 2022: $248,7252022

Highlighted filing

2022

Assets$296,042
Liabilities$47,317
Net Assets$248,725
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2022: $296,275Expenses 2022: $47,550Net Income 2022: $248,7252022

Highlighted filing

2022

Revenue$296,275
Expenses$47,550
Net Income$248,725
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$296,042
Liabilities
$47,317
Net assets
$248,725
Revenue
$296,275
Expenses
$47,550
Net income
$248,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.47$2.49$2.96$0.48$2.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$296,275
Mission and Program Overview

Mission

The Ascent Classical Foundation seeks to preserve and promote the best of the Western tradition, to pass this heritage along to current and future generations.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$296,042-
Total Assets$0$296,042▲ $296,042
Liabilities
Accounts Payable and Accrued Expenses-$47,317-
Total Liabilities$0$47,317▲ $47,317
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$248,725-
Total Net Assets Fund Balance$0$248,725▲ $248,725
Total Liabilities and Net Assets / Fund Balance$0$296,042▲ $296,042
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Derec ShulerPresident
Stacey BowmanSecretary
Chris ScottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,275
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$296,275
Change in Net Assets
$248,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$36,786--$36,786
Payment Travel Entrtnmnt Publicly Ofcl$7,833--$7,833
Advertising$1,317--$1,317
Fees for Services Accounting$1,224--$1,224
Fees for Services Other$132$113-$245
Other Expenses$45--$45
Total Functional Expenses$47,437$113$0$47,550
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board of directors designates an individual to review the form 990 before filing.”

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

“Copies of the Form 990 are provided to board members for approval before filing.”

Form 990, Part VI, Section B, line 15

“Periodic reviews are conducted to verify that any compensation arrangements are reasonable and that partnerships, joint ventures, and other arrangements, conform to Foundation policies.”

Form 990, Part VI, Section C, line 19

“The Foundation makes all documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Ascent Classical Foundation
EIN
86-3943208
Phone
7207286300
Address
4690 Table Mountain Drive, Golden, CO 80403

Signing Officer

Name
Derec Shuler
Title
Executive Director
Phone
7205318775
Signed
2023-05-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Derec Shuler
Formed
2021
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Hoelting & Company Inc
Address
31 East Platte Avenue Suite 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part1, Line 1:

“The Ascent Classical Foundation supports and promotes classical education by assisting to expand educational options for families desiring their children to learn in a content-rich, liberal arts environment.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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