Overview
What is Ascent 121 Inc?
Ascent 121 Inc is a nonprofit organization based in Carmel, Indiana, dedicated to offering comprehensive support services to teen survivors of human trafficking. The organization, which serves over 100 children annually, is recognized for its trauma recovery programs, mental health services, family preservation initiatives, and case management. Ascent 121 is accredited by reputable organizations such as the Evangelical Council for Financial Accountability (ECFA), the Indiana Behavioral Health and Human Services Board, and has been honored with the FBI Director's Community Leadership Award for its exceptional community service. In addition to direct aid, Ascent 121 raises awareness about human trafficking through approximately 75 community events each year at schools, churches, civic organizations, and businesses. The organization also provides training and support to other agencies and individuals working with survivors. Optional discipleship programs are available for the youth in their programs, emphasizing personal growth and healing. Ascent 121's primary mission is to address the physical, emotional, and welfare needs of individuals in crisis situations, with a focus on human trafficking survivors. The organization extends its services to those who have been involved in the legal system and provides financial and other assistance to tax-exempt organizations serving populations affected by poverty, social disenfranchisement, illiteracy, and food insecurity.
Official website here: www.ascent121.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Ascent 121 Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization has an independent board comprised of 81% members, which enhances governance and reduces potential conflicts of interest. Notably, there are no reported material diversions of assets, and the charity maintains transparency by listing its website on the tax form along with essential policies like conflict of interest and whistleblower protocols.
The financial metrics reflect a strong commitment to its programs, with a program expense ratio of 78.19%, which suggests that a significant portion of their expenditures directly support their mission. The liabilities to assets ratio is notably low at 1.64%, indicating that the organization is in a stable financial position. This overall financial health allows Ascent 121 Inc to effectively utilize its resources towards fulfilling its objectives.
While the organization demonstrates commendable governance and financial practices, continuous monitoring of its performance and community impact can provide further insight into its effectiveness and areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Ascent 121 Inc legitimate?
Ascent 121 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascent 121 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: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $474,597
For more financial information, click here
Official website here: www.ascent121.org
What is the mission statement of Ascent 121 Inc?
Ascent 121 Inc's mission is primarily focused on providing support for individuals in crisis situations, with a specific emphasis on those who have been victims of human trafficking. The organization aims to meet their health, educational, psychological, emotional, and welfare needs. Beyond this, Ascent 121 Inc also extends its assistance to individuals who have been involved in the legal system. Furthermore, the agency supports other tax-exempt organizations that serve populations affected by human trafficking, poverty, social disenfranchisement, illiteracy, and food insecurity. Ascent 121 Inc also helps enable and facilitate the work of similar organizations. Lastly, the agency encourages volunteers and donors to share resources for charitable, educational, and scientific purposes.
Official website here: www.ascent121.org
Who is the CEO of Ascent 121 Inc?
Megan Mcguire is the Board President of Ascent 121 Inc. The CEO's salary of Ascent 121 Inc is $102,000 and their total compensation is $104,895.
Official website here: www.ascent121.org
What is the revenue of Ascent 121 Inc?
Ascent 121 Inc's revenue in 2022 was $1,112,560.
Official website here: www.ascent121.org
Who are the executives of Ascent 121 Inc and what are their salaries?
The average compensation at Ascent 121 Inc during 2022 was $49,969. There are 13 employees and 210 volunteers at Ascent 121 Inc.
Here are 13 key members and their salaries (Ascent 121 Inc's CEO's salary is $102,000 and their total compensation is $104,895):
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- Compensation: $102,000
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- Other: $2,895
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Official website here: www.ascent121.org
Where can I find the form 990 for Ascent 121 Inc?
Ascent 121 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ascent121.org
Learn more at the official website: www.ascent121.org
Mission Statement of Ascent 121 Inc
Ascent 121 Inc, a nonprofit organization, is dedicated to providing long-term trauma recovery services for survivors of human trafficking. The primary objective of this agency is multifaceted. Firstly, it aims to offer financial and other forms of assistance to address the health, educational, psychological, emotional, and welfare needs of individuals in crisis situations, with a particular focus on those who have been impacted by human trafficking.
Secondly, Ascent 121 Inc extends its assistance to individuals who have been involved in the legal system. The organization provides financial and welfare support to these individuals, aiming to help them navigate through their challenges.
Thirdly, Ascent 121 Inc offers financial and other forms of assistance to tax-exempt organizations serving populations affected by human trafficking, poverty, social disenfranchisement, illiteracy, and food insecurity. By doing so, it helps to amplify the efforts of similar organizations in their missions.
Lastly, Ascent 121 Inc seeks to empower volunteers and donors by facilitating the sharing of resources for charitable, educational, and scientific purposes. This aspect of its mission allows it to contribute to the broader community, supporting causes that align with its core values. Overall, Ascent 121 Inc is committed to providing comprehensive support to individuals and organizations impacted by crises, with a special focus on human trafficking survivors.
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Impact
July, 2024
Ascent 121 Inc's impact can be seen in the lives of Indiana teen survivors of human trafficking who receive crucial mental health and trauma recovery services. With over 100 children served annually, the organization plays a vital role in providing survivors and their families with diagnostic and evaluation services, mental health support, family preservation services, and case management. Additionally, Ascent 121 raises awareness in the community through numerous public events, offers optional discipleship for youth, and provides training and support for agencies and individuals working with survivors of human trafficking and commercial sexual exploitation. This comprehensive approach not only helps survivors rebuild their lives but also educates the community and empowers others to support this critical cause.
This information is meant to be a general summary of Ascent 121 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: $2,508
- Program Service Revenue: $680,193
- Gross Receipts: $1,125,354
Assets and Liabilities:
- Total Assets: $1,288,982
- Total Liabilities: $21,140
- Net Assets: $1,267,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$663,332
CONSULTING SERVICES
Revenue
$16,861
Organization Details
Founding Year
2012
Phone
(317) 759-0067Principal Officer
Megan Mcguire
Main Address
PO BOX 1143, CARMEL, IN, 46082
Website
www.ascent121.orgNTEE Category
Code: P62 - Human services
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