Civic Intelligence

Ashesi University Foundation

990 • Fiscal year 2020 • EIN 91-1997089

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 12, 2021

Organization ProfileWWW.ASHESI.ORG
1201 3rd Ave No 2200Seattle, WA 98101

(206) 545-6988

Siviq Scores

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

Liabilities / Assets

37th percentile

0.11x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

41st percentile

0.21x

Higher debt load relative to revenue than 41% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

81st percentile

27%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$157,092

Higher top officer pay than 44% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

62%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$10,242,693

Up $1,510,380 (+17%) from 2019

Net Assets

Up

$9,144,086

Up $1,518,935 (+20%) from 2019

Liabilities

Down

$1,098,607

Down $8,555 (-0.8%) from 2019

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin81st percentile

Revenue

Up

$5,135,684

Up $1,957,689 (+62%) from 2019

Expenses

Up

$3,762,808

Up $1,129,241 (+43%) from 2019

Net Income

Up

$1,372,876

Up $828,448 (+152%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$30M$20M$10M$0Assets 2010: $1,664,791Liabilities 2010: $990Net Assets 2010: $1,663,8012010Assets 2011: $2,330,692Liabilities 2011: $5,210Net Assets 2011: $2,325,4822011Assets 2012: $3,105,311Liabilities 2012: $4,904Net Assets 2012: $3,100,4072012Assets 2013: $4,765,842Liabilities 2013: $192,549Net Assets 2013: $4,573,2932013Assets 2014: $5,495,723Liabilities 2014: $879,217Net Assets 2014: $4,616,5062014Assets 2015: $7,704,445Liabilities 2015: $1,308,214Net Assets 2015: $6,396,2312015Assets 2016: $9,207,012Liabilities 2016: $1,330,048Net Assets 2016: $7,876,9642016Assets 2017: $8,767,536Liabilities 2017: $1,303,073Net Assets 2017: $7,464,4632017Assets 2018: $8,502,745Liabilities 2018: $1,534,812Net Assets 2018: $6,967,9332018Assets 2019: $8,732,313Liabilities 2019: $1,107,162Net Assets 2019: $7,625,1512019Assets 2020: $10,242,693Liabilities 2020: $1,098,607Net Assets 2020: $9,144,0862020Assets 2021: $12,782,442Liabilities 2021: $3,954,083Net Assets 2021: $8,828,3592021Assets 2022: $15,361,175Liabilities 2022: $4,481,346Net Assets 2022: $10,879,8292022Assets 2023: $25,893,420Liabilities 2023: $5,931,545Net Assets 2023: $19,961,8752023Assets 2024: $29,324,742Liabilities 2024: $8,018,591Net Assets 2024: $21,306,1512024

Highlighted filing

2020

Assets$10,242,693
Liabilities$1,098,607
Net Assets$9,144,086
Open 2020 Filing

Operations Trend

Revenue Growth91st percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,741,4162010Expenses 2011: $1,804,0412011Revenue 2012: $1,779,919Expenses 2012: $1,042,731Net Income 2012: $737,1882012Revenue 2013: $3,790,656Expenses 2013: $2,248,187Net Income 2013: $1,542,4692013Revenue 2014: $2,840,765Expenses 2014: $2,746,036Net Income 2014: $94,7292014Revenue 2015: $3,531,647Expenses 2015: $1,741,068Net Income 2015: $1,790,5792015Revenue 2016: $4,834,538Expenses 2016: $3,359,616Net Income 2016: $1,474,9222016Revenue 2017: $4,641,435Expenses 2017: $5,095,471Net Income 2017: -$454,0362017Revenue 2018: $2,867,579Expenses 2018: $3,305,515Net Income 2018: -$437,9362018Revenue 2019: $3,177,995Expenses 2019: $2,633,567Net Income 2019: $544,4282019Revenue 2020: $5,135,684Expenses 2020: $3,762,808Net Income 2020: $1,372,8762020Revenue 2021: $4,145,019Expenses 2021: $4,589,884Net Income 2021: -$444,8652021Revenue 2022: $6,199,311Expenses 2022: $3,619,585Net Income 2022: $2,579,7262022Revenue 2023: $13,838,904Expenses 2023: $5,292,487Net Income 2023: $8,546,4172023Revenue 2024: $6,026,436Expenses 2024: $5,183,102Net Income 2024: $843,3342024

Highlighted filing

2020

Revenue$5,135,684
Expenses$3,762,808
Net Income$1,372,876
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$5,820,113
Mission and Program Overview

Mission

To provide support for educational opportunities in ghana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,008,704$4,315,283▲ $1,306,579
Investments in Publicly Traded Securities$2,587,867$2,852,700▲ $264,833
Pledges and Grants Receivable$1,806,102$1,788,246▼ $17,856
Other Notes and Loans Receivable, Net$1,024,657$1,007,836▼ $16,821
Loans From Officers Directors$887,436$846,153▼ $41,283
Cash and Non-Interest-Bearing Accounts$249,623$218,136▼ $31,487
Prepaid Expenses and Deferred Charges$20,758$8,627▼ $12,131
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$8,732,313$10,242,693▲ $1,510,380
Other Assets Total$34,602$51,865▲ $17,263
Liabilities
Mortgage Notes Payable Secured by Investment Property$166,373$181,056▲ $14,683
Accounts Payable and Accrued Expenses$53,353$71,398▲ $18,045
Total Liabilities$1,107,162$1,098,607▼ $8,555
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,766,461$5,000,166▲ $233,705
Net Assets Without Donor Restrictions$2,858,690$4,143,920▲ $1,285,230
Total Net Assets Fund Balance$7,625,151$9,144,086▲ $1,518,935
Total Liabilities and Net Assets / Fund Balance$8,732,313$10,242,693▲ $1,510,380

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$20,798$20,798

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,040,971$165,000▲ $131,859-$1,315,252
2019$826,133$120,000▲ $103,852-$1,040,971
2018$405,563$450,000▼ $20,535-$826,133
2017$234,522$150,000▲ $22,041-$405,563
2016$178,546$50,000▲ $6,979-$234,522
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick AwuahFoundation PresidentPT$70,000$25,892$95,892

Board Members and Trustees

NameTitle
Emer DooleyBoard Chair
Reggie BrownVice Chair
Aprile AgeTrustee
Charles AgyemanTrustee
Conrad GehrmannTrustee
Daniel RundeTrustee
Kofi BonnerTrustee
Neil CollinsTrustee
Nina MariniTrustee
Patrick NutorTrustee
Peggy ClarkTrustee
Richard LyonsTrustee
Ruth WarrenTrustee
Tanya MasiyiwaTrustee
Todd WarrenTrustee
Lisa NortonSecretary (as of 10/2020)
Peter KoelleSecretary (until 10/2020)
Scott KucirekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,067,093
Program Service Revenue
$0
Investment Income
$68,174
Other Revenue
$417
All Other Contributions
$3,851,343
Change in Net Assets
$1,372,876

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$350,281Fair Market Value (FMV)
Total Noncash Contributions8$350,281-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,135,684
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$297,158
Total Revenue per Audited Statements
$5,432,842
Total Revenue per Form 990
$5,135,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,118,881
Salaries, Compensation, and Employee Benefits$402,665
Total Fundraising Expense$256,030
Other Expenses$241,262
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$3,118,881--$3,118,881
Other Salaries and Wages$70,136$75,690$97,350$243,176
Current Officers, Directors, Trustees, and Key Employees$30,448$20,299$50,747$101,494
Fees for Services Other$9,964$15,973$40,936$66,873
Fees for Services Accounting-$41,750-$41,750
Occupancy$9,349$9,348$13,539$32,236
Fees for Services Legal$28,411--$28,411
Office Expenses$4,534$2,360$15,729$22,623
Payroll Taxes$6,039$6,629$8,510$21,178
Other Employee Benefits$5,313$6,784$7,811$19,908
Interest$19,897--$19,897
Pension Plan Contributions$5,100$5,126$6,683$16,909
Conferences and Meetings$2,289$346$6,891$9,526
Other Expenses$2,063$3,536$2,465$8,064
Insurance$2,130$2,130$3,085$7,345
Travel$1,217$48$1,094$2,359
Advertising$494$494$1,190$2,178
Total Functional Expenses$3,316,265$190,513$256,030$3,762,808

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,913,907
Expenses per Audited Statements$3,762,808
Total Expenses per Form 990$3,762,808
Expenses Not Reported on Form 990$151,099
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
1
Employees
0
Spending
$3,118,881

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaGrants to Recipients Located in Region/program ServicesGrants to Support New Campus Construction, Scholarships, and Program Support10$3,118,881
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$887,436$846,153▼ $41,283
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Todd warren, trustee, and ruth warren, trustee, are husband and wife.”

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

“The 990 is reviewed by senior staff members before sending to the finance committee for review. Upon completion of review and reconciliation to the audited financials, the finance committee recommends approval to the board of trustees.”

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

“All new trustees are required to review and sign the policy. The governance committee reviews all policies annually.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president is reviewed periodically by the board of trustees. The president is not present while the compensation is being discussed. Salaries of us foundation presidents and ghana university ceos are considered when evaluating compensation. Changes to the compensation package are approved by a vote of the board. The compensation for other key employees is reviewed annually by the foundation board chair and vice president. Archbright salary survey data is used for comparability data for similar non profit positions. Compensation changes are reviewed by the board chair and annually, the compensation is approved by the vote of the board.”

Form 990, Part VI, Section C, Line 19

“All governing documents are available upon request. All staff members have access to the policy documents. Ashesi university foundation publishes yearly annual reports which include summary information from the audited financial reports. The annual reports and the audited financial statements are posted on our website. Ashesi's 990's are available on guidestar's website.”

Filing and Contact Details

Filer

Filer Name
Ashesi University Foundation
EIN
91-1997089
Phone
2065456988
Address
1201 3RD AVE NO 2200, SEATTLE, WA 98101

Signing Officer

Name
Lisa Norton
Title
Secretary
Phone
2065456988
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Awuah
Formed
1999
Legal Domicile
Wa
Voting Board Members
17
Independent Board Members
16
Employees
5
Volunteers
28

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Howard Donkin CPA
Phone
2066288990
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“In-kind discount housing loan 9,778.”

FORM 990, PART XI, LINE 2C:

“There has been no change in the audit committee process.”

Financial Statement Notes

PART V, LINE 4:

“To provide scholarships for students at ashesi university college.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Discount on interest housing loan university 145,877.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“In-kind interest housing notes 136,099.”

Raw XML AppendixShowing 400 of 717 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/Form990PartVIISectionAGrp/PersonNm15PATRICK NUTOR
IRS990/Form990PartVIISectionAGrp/PersonNm16DANIEL RUNDE
IRS990/Form990PartVIISectionAGrp/PersonNm17RUTH WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm18TODD WARREN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt070000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt061200
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDATION PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY (AS OF 10/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY (UNTIL 10/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt030398
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt01215750
IRS990/GrantAmt01820596
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0714827
IRS990/GrossReceiptsAmt05820113
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt03085
IRS990/InsuranceGrp/ManagementAndGeneralAmt02130
IRS990/InsuranceGrp/ProgramServicesAmt02130
IRS990/InsuranceGrp/TotalAmt07345
IRS990/InterestGrp/ProgramServicesAmt019897
IRS990/InterestGrp/TotalAmt019897
IRS990/InvestmentIncomeGrp/ExclusionAmt037776
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037776
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02587867
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02852700
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LandBldgEquipAccumDeprecAmt020798
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt020798
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0684429
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0887436
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0846153
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0166373
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0181056
IRS990/NetAssetsOrFundBalancesBOYAmt07625151
IRS990/NetAssetsOrFundBalancesEOYAmt09144086
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt030398
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt030398
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0136281
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02858690
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04143920
IRS990/NoncashContributionsAmt0350281
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013539
IRS990/OccupancyGrp/ManagementAndGeneralAmt09348
IRS990/OccupancyGrp/ProgramServicesAmt09349
IRS990/OccupancyGrp/TotalAmt032236
IRS990/OfficeExpensesGrp/FundraisingAmt015729
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02360
IRS990/OfficeExpensesGrp/ProgramServicesAmt04534
IRS990/OfficeExpensesGrp/TotalAmt022623
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt034602
IRS990/OtherAssetsTotalGrp/EOYAmt051865
IRS990/OtherChangesInNetAssetsAmt09778
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07811
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06784
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05313
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019908
IRS990/OtherExpensesGrp/Desc0EQUIPMENT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt02465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03536
IRS990/OtherExpensesGrp/ProgramServicesAmt02063
IRS990/OtherExpensesGrp/TotalAmt08064
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RECOVERY OF UNCOLLECTI
IRS990/OtherRevenueMiscGrp/ExclusionAmt0417
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0417
IRS990/OtherRevenueTotalAmt0417
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt097350
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt075690
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt070136
IRS990/OtherSalariesAndWagesGrp/TotalAmt0243176
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01024657
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01007836
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08510
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06629
IRS990/PayrollTaxesGrp/ProgramServicesAmt06039
IRS990/PayrollTaxesGrp/TotalAmt021178
IRS990/PensionPlanContributionsGrp/FundraisingAmt06683
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05126
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05100
IRS990/PensionPlanContributionsGrp/TotalAmt016909
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01806102
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01788246
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020758
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08627
IRS990/PrincipalOfficerNm0PATRICK AWUAH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS: AS ASHESI UNIVERSITY GROWS, WE ARE RAISING FUNDS TO MAINTAIN THE PERCENTAGE OF STUDENTS ON SCHOLARSHIPS. 43% OF ASHESI UNIVERSITY'S STUDENTS RECEIVED FINANCIAL AID FUNDED THROUGH TUITION AND DONOR CONTRIBUTIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01057887
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0998725
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAM GROWTH: TO PROVIDE STUDENTS WITH THE HIGHEST QUALITY EDUCATION, WE ARE RAISING FUNDS TO INVEST IN FACULTY DEVELOPMENT, RESEARCH, THE EDUCATION COLLABORATIVE AND OTHER NEW INITIATIVES AND PARTNERSHIPS. THIS CATEGORY OF SUPPORT ALSO INCLUDES GRANTS FOR NEW PROGRAMS OR OPERATIONAL EXPENSES THAT ARE DESIGNED TO BE SELF-FUNDING THROUGH STUDENT TUITION BUT REQUIRE BRIDGE FUNDING DURING A DEFINED PERIOD OF GROWTH IN THE STUDENT POPULATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0358722
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0299560
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03013872
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01906617
IRS990/PYInvestmentIncomeAmt0162403
IRS990/PYOtherExpensesAmt0325992
IRS990/PYOtherRevenueAmt01720
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0544428
IRS990/PYSalariesCompEmpBnftPaidAmt0400958
IRS990/PYTotalExpensesAmt02633567
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03177995
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01372876
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03008704
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04315283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05067093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03013872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02762472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04564036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04748605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020156078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0128829
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0108073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt087357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076312
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0438347
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0417
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01720
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011658

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,242,693
Liabilities
$1,098,607
Net assets
$9,144,086
Revenue
$5,135,684
Expenses
$3,762,808
Net income
$1,372,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$8.02$21.3$6.03$5.18$0.84
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.9$5.93$20.0$13.8$5.29$8.55
2022Detailed filing. Detailed filing data is available for this year.$15.4$4.48$10.9$6.20$3.62$2.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$3.95$8.83$4.15$4.59$0.44
2020Detailed filing. Detailed filing data is available for this year.$10.2$1.10$9.14$5.14$3.76$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.73$1.11$7.63$3.18$2.63$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$1.53$6.97$2.87$3.31$0.44
2017Detailed filing. Detailed filing data is available for this year.$8.77$1.30$7.46$4.64$5.10$0.45
2016Detailed filing. Detailed filing data is available for this year.$9.21$1.33$7.88$4.83$3.36$1.47
2015Detailed filing. Detailed filing data is available for this year.$7.70$1.31$6.40$3.53$1.74$1.79
2014Detailed filing. Detailed filing data is available for this year.$5.50$0.88$4.62$2.84$2.75$0.09
2013Detailed filing. Detailed filing data is available for this year.$4.77$0.19$4.57$3.79$2.25$1.54
2012Summary only. Only limited summary data is available for this year.$3.11$0.00$3.10$1.78$1.04$0.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.01$2.33$1.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.00$1.66$1.74