Ascendium Education Group Inc

Ascendium Education Group Inc Overview

Ascendium Education Group Inc is located in Madison, WI. The organization was established in 1967. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2020, Ascendium Education Group Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2020, Ascendium Education Group Inc generated $30.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $2.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ASCENDIUM EDUCATION GROUP, INC. OPERATES FOR THE SUPPORT AND BENEFIT OF ASCENDIUM EDUCATION SOLUTIONS AND NORTHSTAR GUARANTEE, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASCENDIUM EDUCATION GROUP, INC. OPERATES FOR THE SUPPORT AND BENEFIT OF ASCENDIUM EDUCATION SOLUTIONS, INC. (SOLUTIONS) AND NORTHSTAR GUARANTEE INC.(NORTHSTAR). SOLUTIONS AND NORTHSTAR SUPPORTS INCREASED ACCESS TO AND SUCCESS IN POSTSECONDAY EDUCATION AS A NATIONAL GRANTMAKER, AS FEDERAL STUDENT LOAN GUARANTY AGENCY AND A PROVIDER OF STUDENT SUCCESS SERVICES.


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Ascendium Education Group Inc Board, Officers & Key Employees

Ascendium Education Group Inc Vendors

Vendor Name (Service)Compensation
Ernst Young Us Llp
Audit/tax Service
$452,321
Bell Giftos St John Llc
Legal Services
$101,566
Brownstein Hyatt Farber Schreck
Legal Service
$553,340
Foley Lardner
Legal Service
$356,883
Allium It Llc
Consulting Service
$217,134
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $30,391,646
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$86,577
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,305,077

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