Overview
What is The Ascent Project Inc?
The Ascent Project Inc, based in Atlanta, Georgia, is a nonprofit organization focused on community development. They partner with local organizations to deliver essential services such as meals and groceries, educational materials, and voter education to families in need. Additionally, they support the growth and potential of children and families by providing educational resources and programs. Furthermore, they engage in youth rugby initiatives, demonstrating a holistic approach to community welfare. With a team of nine dedicated individuals, their mission is to establish a legacy of healthy, thriving communities.
Official website here: www.theascentproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Star rating
The Ascent Project Inc has received an overall score of 81%, which reflects its solid performance in the area of accountability and finance. This rating is based entirely on a single beacon score, indicating that the organization excels in maintaining transparency and proper financial management practices. With a 100% score for independent board members and no material diversion of assets, the organization demonstrates strong governance.
The organization also excels in its program expense ratio, with an impressive 99.43%, which suggests that a substantial majority of its funding is directed toward its programs rather than administrative costs. The presence of key policies such as conflict of interest, whistleblower protections, and documented board meeting minutes further enhances its accountability framework.
While the rating is commendable, it is important for potential donors and stakeholders to continue monitoring the organization’s performance over time. Maintaining transparency and a strong governance structure will be essential for sustaining and potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Ascent Project Inc legitimate?
The Ascent Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ascent Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,114
For more financial information, click here
Official website here: www.theascentproject.org
What is the mission statement of The Ascent Project Inc?
The Ascent Project Inc's mission is geared towards fostering healthy communities by empowering children and families through educational organizations. Specifically, they aim to establish a legacy by supporting the potential of these groups. Their activities include partnering with community organizations to provide meal and grocery delivery services, offer books and other educational materials, engage in voter education initiatives, and run youth rugby programs. In essence, they are dedicated to uplifting and enriching communities for a brighter future.
Official website here: www.theascentproject.org
Who is the CEO of The Ascent Project Inc?
Hope Boldon is the Board Chairman of The Ascent Project Inc.
Official website here: www.theascentproject.org
What is the revenue of The Ascent Project Inc?
The Ascent Project Inc's revenue in 2022 was $900,896.
Official website here: www.theascentproject.org
Who are the executives of The Ascent Project Inc and what are their salaries?
The average compensation at The Ascent Project Inc during 2022 was $37,124. There are 9 employees and 65 volunteers at The Ascent Project Inc.
Here are 7 key members and their salaries:
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Official website here: www.theascentproject.org
Where can I find the form 990 for The Ascent Project Inc?
The Ascent Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theascentproject.org
Learn more at the official website: www.theascentproject.org
Mission Statement of The Ascent Project Inc
The Ascent Project Inc, a nonprofit organization, is committed to fostering healthy communities by nurturing the potential of children and families through educational initiatives. Their mission is to establish a lasting legacy of thriving communities, achieved by supporting the growth and development of individuals within these communities.
To accomplish this, The Ascent Project Inc partners with community organizations to provide essential services such as meal and grocery delivery, educational materials, voter education, and youth rugby programs. This holistic approach ensures that families have access to the resources they need to thrive, while also empowering them to make informed decisions about their future.
In addition to these practical support systems, The Ascent Project Inc also focuses on providing educational resources for families, including books and other learning materials. This emphasis on education underscores the organization's belief in the power of knowledge as a tool for personal and community development. By investing in the education of its community members, The Ascent Project Inc is creating a foundation for sustainable growth and progress.
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Impact
June, 2024
The Ascent Project Inc is making a significant impact on communities in Atlanta, Georgia by partnering with local organizations to provide meal and grocery delivery services, distribute educational materials like books, offer voter education initiatives, and run youth rugby programs. Through these efforts, The Ascent Project Inc is fostering a legacy of healthy communities and supporting the potential of children and families in the area.
This information is meant to be a general summary of The Ascent Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $333,694
- Gross Receipts: $900,896
Assets and Liabilities:
- Total Assets: $68,426
- Total Liabilities: $2,650
- Net Assets: $65,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT SERVICES
Revenue
$333,694
Organization Details
Founding Year
2017
Phone
(404) 847-9447Principal Officer
Hope Boldon
Main Address
387 JOSEPH E LOWERY BLVD 2ND FLOOR, ATLANTA, GA, 30310
Website
www.theascentproject.orgNTEE Category
Code: C023 - Environment
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