Overview
What is Ascend Learning Inc?
Ascend Learning Inc, a charter management organization based in New York City, focuses on providing education, management, and facility development services for Ascend Charter Schools, a corporation of nine charter schools. Their mission is to develop a scalable solution for the underachievement of economically disadvantaged children by establishing a network of urban college-preparatory charter schools. With a team of 121 employees, Ascend Learning aims to achieve academic levels equal to or surpassing those of suburban schools, catering to students from middle-class families.
Official website here: www.ascendlearning.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Ascend Learning Inc has received a high rating of 96%, reflecting strong performance in accountability and financial practices. The charity's score is derived entirely from this category, indicating a solid foundation in maintaining transparency and responsible management of funds. Their governance is reinforced by a fully independent board, which is a significant strength, ensuring that decisions are made in the best interest of the organization and its stakeholders.
The nonprofit has demonstrated exemplary financial oversight, with no reported material diversion of assets and an impressive program expense ratio of 78.40%. This indicates that a substantial portion of their resources is allocated towards their programs, fulfilling their mission effectively. The organization also adheres to best practices regarding conflict of interest, whistleblower protections, and document retention, which further enhances its credibility.
While the organization shows strong financial health and governance, the summary does not highlight any specific programmatic outcomes or community impact, which could provide a more comprehensive view of their contributions. Nevertheless, the financial metrics suggest that Ascend Learning Inc is well-positioned to fulfill its mission efficiently and is operating with a high degree of integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Ascend Learning Inc legitimate?
Ascend Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascend Learning 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: $1,197,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,183,255
For more financial information, click here
Official website here: www.ascendlearning.org
What is the mission statement of Ascend Learning Inc?
Ascend Learning Inc aims to address the underachievement of economically disadvantaged children by establishing a network of urban college preparatory charter schools. With a mission to achieve academic levels equal or superior to those in schools serving middle-class families, Ascend Learning provides management and development services to these schools. The organization operates as a charter management organization, overseeing the education of students across multiple schools. Their goal is to create a scalable solution to educational disparities, enabling children from disadvantaged backgrounds to reach their full potential.
Official website here: www.ascendlearning.org
Who is the CEO of Ascend Learning Inc?
Recy Dunn is the Managing Director Of Finance of Ascend Learning Inc. The CEO's salary of Ascend Learning Inc is $140,675 and their total compensation is $140,675.
Official website here: www.ascendlearning.org
What is the revenue of Ascend Learning Inc?
Ascend Learning Inc's revenue in 2022 was $19,940,513.
Official website here: www.ascendlearning.org
Who are the executives of Ascend Learning Inc and what are their salaries?
The average compensation at Ascend Learning Inc during 2022 was $69,261. There are 121 employees and 6 volunteers at Ascend Learning Inc.
Here are 18 key members and their salaries (Ascend Learning Inc's CEO's salary is $140,675 and their total compensation is $140,675):
- Compensation: $193,473
- Related: $0
- Other: $31,204
- Compensation: $208,182
- Related: $0
- Other: $2,744
- Compensation: $187,835
- Related: $0
- Other: $22,524
- Compensation: $192,162
- Related: $0
- Other: $17,724
- Compensation: $186,224
- Related: $0
- Other: $15,494
- Compensation: $143,604
- Related: $0
- Other: $54,614
- Compensation: $170,525
- Related: $0
- Other: $20,720
- Compensation: $148,521
- Related: $0
- Other: $6,081
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $140,675
- Related: $0
- Other: $0
- Compensation: $103,428
- Related: $0
- Other: $18,370
- Compensation: $108,151
- Related: $0
- Other: $10,252
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ascendlearning.org
Where can I find the form 990 for Ascend Learning Inc?
Ascend Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ascendlearning.org
Learn more at the official website: www.ascendlearning.org
Mission Statement of Ascend Learning Inc
Ascend Learning Inc, a leading charter management organization, is dedicated to tackling the underachievement of economically disadvantaged children by establishing a network of urban college preparatory charter schools. Operating with widely accessible resources, Ascend Learning strives to achieve academic levels equal or superior to suburban schools educating students from middle-class families.
Through its management and development services, Ascend Learning supports an education corporation, Ascend Charter Schools, which comprises nine charter schools. The organization's mission is to develop a scalable solution to the educational disparities faced by economically disadvantaged children, providing them with the opportunity to succeed academically and build a foundation for their future.
Ascend Learning's schools foster an environment that prepares students for college and beyond. By focusing on providing quality education, the organization aims to close the achievement gap and offer disadvantaged students the same opportunities as their middle-class counterparts. Ascend Learning's commitment to excellence and equity is reflected in its schools' academic achievements, which have proven to be on par with or surpassing those of suburban schools.
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Impact
October, 2024
Ascend Learning Inc. significantly impacts education by providing essential management and development services to a network of urban college preparatory charter schools in New York City. Their mission focuses on addressing the underachievement of economically disadvantaged children by creating scalable educational solutions.
The organization operates nine charter schools that aim to deliver academic rigor on par with or exceeding that of suburban schools serving middle-class families. By prioritizing quality education and resource accessibility, Ascend Learning works to close the educational achievement gap in underserved communities. Their efforts contribute to enhancing educational opportunities for students who might otherwise lack access to high-quality schooling, ultimately fostering a pathway for future academic and career success.
This information is meant to be a general summary of Ascend Learning 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.
- Investment Income: $3,990
- Program Service Revenue: $16,045,385
- Gross Receipts: $19,940,513
Assets and Liabilities:
- Total Assets: $13,335,348
- Total Liabilities: $3,602,916
- Net Assets: $9,732,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$16,045,385
Organization Details
Founding Year
2008
Phone
(347) 464-7600Principal Officer
Recy Dunn
Main Address
205 ROCKAWAY PARKWAY 6TH FL, BROOKLYN, NY, 11212
Website
www.ascendlearning.orgNTEE Category
Code: B99 - Education
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