Ascent Network
- Assets
- $103.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laguna Hills, CA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 27-2304761
Organization Overview
Ascent Network is located in Laguna Hills, CA. The organization was established in 2014. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascent Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ascent Network generated $175.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $206.3k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATE HOMEOWNERS OF THEIR RIGHTS, NEGOTIATE LOAN MODIFICATIONS FOR CLIENTS IN FINANCIAL TROUBLE, AND CREDIT RESTORATION SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Huebner President | 40 | $65,000 | |
William Bowman Chairman | 2 | $0 | |
George Craig Treasurer | 2 | $0 | |
William Grider Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $175,603 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,603 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $96,186 |
| Professional fees and other payments to independent contractors | $52,899 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $61 |
| Other expenses | $57,191 |
| Total expenses | $206,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,448 |
| Other assets | $0 |
| Total assets | $103,418 |
| Total liabilities | $730,554 |
| Net assets or fund balances | -$627,136 |