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Ascend Charter Schools

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453957158 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ascend Charter Schools?

Ascend Charter Schools is a network of public charter schools in Brooklyn, New York, serving over 5,750 students across nine schools. Their mission is to provide an exceptional college preparatory education, equipping every student with the necessary knowledge, confidence, and character to succeed in higher education and beyond. Founded in Brooklyn's most populous borough, Ascend schools aim to instill strong learning habits, critical thinking skills, and knowledge from the early grades, while academic excellence is emphasized in the middle and high school years, with a focus on mastering advanced math and science concepts. The schools employ a total of 949 individuals, dedicated to fostering successful young adults who are prepared to excel as college students, citizens, and leaders in their chosen fields.


Official website here: www.ascendlearning.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81% (Three-Star out of Four Star rating)

Ascend Charter Schools has achieved an overall score of 81%, reflecting strong performance in accountability and finance. The organization has excelled in maintaining a fully independent board and demonstrating effective financial oversight, which are crucial indicators of good governance. The high program expense ratio of 82.28% suggests that a significant portion of its resources is allocated towards its educational programs, indicating a commitment to its mission.

The organization has appropriate policies in place, such as conflict of interest and whistleblower policies, which contribute to its accountability framework. However, the liabilities to assets ratio of 96.72% raised some concerns, indicating potential financial strain. While this ratio signifies that the organization has high liabilities relative to its assets, it is also important to consider the context of its financial health and operational sustainability.

Overall, Ascend Charter Schools demonstrates a commendable level of transparency and governance, earning a solid rating. The strengths noted in its accountability practices and program funding are indicative of its dedication to providing quality education, though stakeholders may want to monitor its financial liabilities closely.


This AI summary has been generated from information found on Charity Navigator.

Is Ascend Charter Schools legitimate?

Ascend Charter Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascend Charter Schools 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: $57,547,273

For more financial information, click here


Official website here: www.ascendlearning.org

What is the mission statement of Ascend Charter Schools?

Ascend Charter Schools aim to equip every student with the essential knowledge, self-confidence, and strong character needed to excel in college and beyond. The educational journey at this institution begins in kindergarten and continues through the 12th grade. From an early age, students are fostered with a solid foundation of learning habits, critical thinking skills, and knowledge. As they progress, they excel academically, mastering advanced math and science concepts. Ultimately, students graduate as confident young adults, well-prepared to thrive as college students, responsible citizens, and leaders in their chosen fields.


Official website here: www.ascendlearning.org

Who is the CEO of Ascend Charter Schools?

Stephanie Mauterstock is the Board Chair of Ascend Charter Schools.


Official website here: www.ascendlearning.org

What is the revenue of Ascend Charter Schools?

Ascend Charter Schools's revenue in 2022 was $137,441,682.


Official website here: www.ascendlearning.org

Who are the executives of Ascend Charter Schools and what are their salaries?

The average compensation at Ascend Charter Schools during 2022 was $60,640. There are 949 employees and 12 volunteers at Ascend Charter Schools.


Here are 17 key members and their salaries:


Stephanie Mauterstock (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Taylor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Cleary (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmanuel Fordjour (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kwaku Andoh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Craft (Trustee (Thru Dec 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Dunbar (Trustee (Thru Dec 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Janai Jeter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Sylvester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oral Sa Walcott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gamal Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billie Quigley (Principal)
  • Compensation: $153,049
  • Related: $0
  • Other: $14,918
Livia Angiolillo (Principal)
  • Compensation: $149,575
  • Related: $0
  • Other: $20,692
Tracy Deoliveira-Lewis (Principal)
  • Compensation: $147,212
  • Related: $0
  • Other: $368
Leyde St Leger (Principal)
  • Compensation: $136,215
  • Related: $0
  • Other: $25,926
Miatta Massaley (Principal)
  • Compensation: $134,260
  • Related: $0
  • Other: $16,243


Official website here: www.ascendlearning.org

Where can I find the form 990 for Ascend Charter Schools?

Ascend Charter Schools'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 Charter Schools

Ascend Charter Schools, a mission-driven educational institution, strives to empower every student with the essential knowledge, self-assurance, and character required for academic success in college and beyond. Since catering to students from kindergarten through the 12th grade, Ascend Charter Schools prioritizes instilling strong learning habits, critical thinking abilities, and a solid foundation of knowledge from the earliest grades.

As students advance through the middle and high school years, Ascend Charter Schools focuses on academic excellence, enabling students to excel in high-level mathematics and science. By the time students graduate, they are confident young adults, well-prepared to tackle the demands of college education, contribute positively as citizens, and thrive as leaders in their chosen fields.

In essence, Ascend Charter Schools sets ambitious yet achievable goals for its students, ensuring they receive a well-rounded education that equips them with the necessary tools to succeed in the modern world. By fostering an environment conducive to academic growth, Ascend Charter Schools instills in its students a sense of self-assuredness, determination, and a passion for continuous learning.

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Impact




October, 2024

Ascend Charter Schools has a significant impact on the educational landscape of Brooklyn, New York, serving approximately 5,750 students across nine schools. By emphasizing a rigorous college preparatory curriculum, these schools equip students with the knowledge, confidence, and character needed to succeed in higher education and beyond.

From the earliest grades, Ascend instills strong learning habits and critical thinking skills, fostering academic excellence throughout middle and high school. This focused approach not only prepares students to excel in high-level math and science but also nurtures their personal development, transforming them into confident young adults ready to tackle the challenges of college, citizenship, and leadership.

The commitment to guiding students through an intellectually enriching journey positions Ascend Charter Schools as a vital contributor to the academic success and overall development of its students, ultimately aiming to produce well-rounded individuals who can thrive in their respective fields and contribute positively to society.




This information is meant to be a general summary of Ascend Charter Schools. 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.

Revenue
$137,441,682 (2022)
Expenses
$135,665,583 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,921
  • Program Service Revenue: $120,478,881
  • Gross Receipts: $137,441,682

Assets and Liabilities:

  • Total Assets: $56,267,292
  • Total Liabilities: $46,034,297
  • Net Assets: $10,232,995

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOV'T PER-PUPIL REV.

Revenue

$106,041,716

GOV'T PER-PUPIL REV.-FACILITIES

Revenue

$14,237,165

PROGRAM RELATED RENTAL

Revenue

$200,000

Organization Details

Founding Year

2011

Principal Officer

Stephanie Mauterstock

Main Address

205 ROCKAWAY PKWY, BROOKLYN, NY, 11212

NTEE Category

Code: B29 - Education

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