Ascent Leadership Development is located in Davis, CA. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Ascent Leadership Development employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascent Leadership Development 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 12/2023, Ascent Leadership Development generated $944.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $934.2k during the year ending 12/2023. While expenses have increased by 67.4% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASCENT LEADER EXISTS TO DEVELOP MINISTRY LEADERS IN COMMUNICATION,CHARACTER AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HE ASCENT IS A YEAR-LONG DEVELOPMENT PROGRAM DESIGNED TO ENGAGE MINISTRY LEADERS IN TRANSPARENT CONVERSATIONS ONE-ON-ONE COACHING WITH WORLD CLASS LEADERS. STRUCTURED AROUND RELATIONAL COHORTS WITH 6-9 PEERS THE A HELPS INDIVIDUALS GROW THEIR SKILLS AND DEVELOP THEIR CHARACTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Morgan Board Chair | Officer | 1 | $200,120 |
Tom Dowd Board Vice Chair Secretary | Officer | 0 | $0 |
Mark Kramer Member | Trustee | 0 | $0 |
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 | $149,197 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $149,197 |
Total Program Service Revenue | $795,418 |
Investment income | $5 |
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 | $944,620 |
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. | $200,120 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $101,454 |
Pension plan accruals and contributions | $20,550 |
Other employee benefits | $109,700 |
Payroll taxes | $18,822 |
Fees for services: Management | $899 |
Fees for services: Legal | $73 |
Fees for services: Accounting | $9,943 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $153,951 |
Advertising and promotion | $439 |
Office expenses | $11,226 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $267,423 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,335 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $249 |
All other expenses | $0 |
Total functional expenses | $934,159 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,941 |
Savings and temporary cash investments | $40,005 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,615 |
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 | $16 |
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 | $146,577 |
Accounts payable and accrued expenses | $3,952 |
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 | $3,952 |
Net assets without donor restrictions | $142,625 |
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 | $146,577 |