Ascend Micro School
- Assets
- $32.9k
- Revenue
- $208.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Boulder, CO
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-4131810
Organization Overview
Ascend Micro School is located in Boulder, CO. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Ascend Micro School employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascend Micro School 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, Ascend Micro School generated $208.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $195.2k during the year ending 12/2022. While expenses have increased by 31.0% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WONDER LEARNING COLLECTIVE IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, AND RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SUBJECT TO THE FOREGOING, THE SPECIFIC PURPOSES AND OBJECTIVES OF THE CORPORATION SHALL INCLUDE BUT NOT BE LIMITED TO THE FOLLOWING: (A) OPERATING A FAITH-BASED HYBRID SCHOOL THAT PARTNERS WITH FAMILIES TO PROVIDE AN ENGAGING, LEARNER-DRIVEN EDUCATION ROOTED IN COMPASSION FOR OUR LOCAL COMMUNITY AND THE PEOPLE IN IT; (B) GUIDING STUDENTS TOWARDS EXPANDING THEIR MINDS AND EMPOWERING THEIR HEARTS WITH THE GOAL OF CREATING POSITIVE CHANGE IN THE COMMUNITY AND WORLD; (C) COOPERATING WITH AND AIDING OTHER PROJECTS AND ORGANIZATIONS WITH SIMILAR PURPOSES; AND (D) OFFERING CONSULTING SERVICES AND SUPPORTING LEARNING-RELATED MINISTRIES THROUGHOUT THE US AND ABROAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WONDER LEARNING COLLECTIVE SERVED 65 STUDENTS AND THEIR FAMILIES IN 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Smith Board Member | Trustee | 20 | $9,665 |
Sarah Lavezzo Director | Officer | 30 | $5,415 |
Cindy Hamel Board Member | Trustee | 0.5 | $0 |
Jennifer Baker Board Member | Trustee | 0.5 | $0 |
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 | $10,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,138 |
| Total Program Service Revenue | $198,576 |
| Investment income | $0 |
| 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 | $208,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,415 |
| Compensation of current officers, directors, key employees. | $541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,997 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $22,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,711 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $195,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,943 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,943 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $32,943 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,943 |