Ascend Learning Inc

The information for Ascend Learning Inc is as of the organization's most recent filing in June 2020. This organization is located in Brooklyn, NY. It has been in existence for 9 years, following its founding in 2011.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Ascend Learning Inc's NTEE code is B99. The "B" tells us that the organization is classified along with Education. The "99" tells us that the organization is an Education N.E.C. The NTEE describes Education N.E.C. as organizations that provide education services where the major purpose is unclear and cannot be accurately assigned.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

The mission of Ascend Learning Inc is to provide Charter Schools with education, management, and facility development services.

Program Areas

Ascend Learning, Inc. is a charter management organization based in New York City that operates nine charter schools. They provide management and development services as well as facility development services for these charter schools.

Organization Staffing

Ascend Learning Inc is run by Susan Pollock, who is the President. The organization has 182 employees, of whom 85 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 12 volunteers.

Board Governance

Ascend Learning Inc is an exemplary non-profit organization that is well-governed. The organization has a total of 9 voting members, all of whom are independent, eliminating the potential for conflicts of interest. Board and committee meetings are documented, and the organization has a conflict of interest policy, a whistleblower policy, and a document retention policy. Furthermore, the organization substantiates and reviews both leadership and officer salaries, and provides copies of the 990 to the board prior to filing. All of these measures demonstrate that Ascend Learning Inc is committed to upholding the highest standards of governance and transparency.

Organization Growth

Ascend Learning Inc has grown significantly over the past five years. Contributions & Grants Received, Program Service Revenue, Investment Income, and Total Revenue have all increased, while Total Expenses and Total Employees have also increased significantly. Although Other Revenue and Total Volunteers have increased, these line items are not meaningful enough to demonstrate growth.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Carey Llc
Executive Consulting
$184,593
Education First Consulting Llc
Educational Consulting
$313,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,931,444
All other contributions, gifts, grants, and similar amounts not included above$1,268,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,199,919
Total Program Service Revenue$16,041,302
Investment income $1,018
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,246,927

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Ascend Learning Inc has recieved totaling $540,005.

Awarding OrganizationAmount
Tiger Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$200,000
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$140,000
Walton Family Foundation Inc

Bentonville, AR

PURPOSE: TO SUPPORT THE GROWTH OF HIGH-QUALITY NYC CHARTERS BY PROVIDING OPERATING SUPPORT FOR MULTIPLE NEW SCHOOLS AND BACK-OFFICE INFRASTRUCTURE SUPPORT TO BUILD THE OPERATORS CAPACITY TO ACCOMMODATE MORE RAPID GROWTH.

$100,000
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$50,000
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$50,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Pennsylvania Virtual Charter School
King Of Prussia, PA
$49,068,085
Tiegerman School
Glen Cove, NY
$36,850,171
Proteus Fund Inc
Amherst, MA
$46,264,432
Teach For All Inc
New York, NY
$50,938,774
Pay It Forward Foundation Inc
Pittsburgh, PA
$29,731,720
Lifesteps Inc
Butler, PA
$32,536,752
Lsny Bronx Corporation
New York, NY
$24,578,698
Boston Plastic & Oral Surgery Foundation Inc
Boston, MA
$23,739,730
Benefits Data Trust
Philadelphia, PA
$26,526,932
El Education Inc
New York, NY
$30,858,452
Voices For Independence
Erie, PA
$20,276,084
John A Coleman School
Yonkers, NY
$19,245,814

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