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Ascend Leadership Academy

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

EIN: 822660338 ✦ Sanford, NC ✦ Designated as a 501(c)(3)

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Overview

What is Ascend Leadership Academy?

Ascend Leadership Academy (ALA) is a nonprofit organization situated in Sanford, North Carolina. Its primary focus is to support students enrolled at a public charter school by offering necessary facilities, teachers, and educational materials. The academy aims to cultivate successful student leaders by enhancing their self-efficacy, intellectual understanding, and social competence. To achieve this goal, ALA employs innovative teaching methods, acknowledges and incorporates students' cultural realities, and encourages student ownership within the learning community. The organization currently has a team of 74 dedicated individuals.


Official website here: www.ascendleadershipacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62% (Two-Star out of Four Stars)

Ascend Leadership Academy has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial health and accountability. While the organization excels in several governance aspects, such as having a majority independent board and robust conflict of interest and whistleblower policies, it struggles significantly with its financial stability, as reflected in its liabilities to assets ratio.

The charity demonstrates strong program expense efficiency, allocating approximately 90.84% of its expenses directly to its programs, which is a positive indicator of its commitment to its mission. However, the high liabilities to assets ratio raises red flags about its financial viability and ability to sustain operations without incurring excessive debt. This is an area that potential donors and supporters should closely evaluate.

Overall, while Ascend Leadership Academy shows commitment to transparency and effective governance, its significant financial challenges limit its overall performance rating. Prospective supporters may want to consider these factors when deciding on their contributions.


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

Is Ascend Leadership Academy legitimate?

Ascend Leadership Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascend Leadership Academy 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: $0

For more financial information, click here


Official website here: www.ascendleadershipacademy.org

What is the mission statement of Ascend Leadership Academy?

Ascend Leadership Academy's mission is centered around fostering successful student leaders. They aim to achieve this by enhancing a student's self-efficacy, intellectual understanding, and social competence. This is accomplished through the application of innovative teaching methods, taking into account the students' cultural realities, and encouraging student ownership within the learning community.


Official website here: www.ascendleadershipacademy.org

Who is the CEO of Ascend Leadership Academy?

Justin T Smith is the Board Chair of Ascend Leadership Academy.


Official website here: www.ascendleadershipacademy.org

What is the revenue of Ascend Leadership Academy?

Ascend Leadership Academy's revenue in 2022 was $5,113,619.


Official website here: www.ascendleadershipacademy.org

Who are the executives of Ascend Leadership Academy and what are their salaries?

There are 74 employees at Ascend Leadership Academy.


Here are 6 key members and their salaries:


Jason Smith (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandy Grindle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Scott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Goodson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Iskandar (At Large Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Smith (Managing Director)
  • Compensation: $47,046
  • Related: $0
  • Other: $6,763


Official website here: www.ascendleadershipacademy.org

Where can I find the form 990 for Ascend Leadership Academy?

Ascend Leadership Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ascendleadershipacademy.org

Learn more at the official website: www.ascendleadershipacademy.org

Mission Statement of Ascend Leadership Academy

Ascend Leadership Academy, a nonprofit organization, is committed to fostering successful student leaders. They aim to enhance their students' self-efficacy, intellectual understanding, and social competence. To achieve this, Ascend Leadership Academy employs innovative teaching methods, takes into account the students' cultural realities, and encourages student ownership within the learning community. The Academy's mission is to equip its students with the necessary skills and confidence to become effective leaders, thereby contributing positively to their communities and society at large.

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Impact




July, 2024

Ascend Leadership Academy's impact can be seen in the transformation of its students into successful leaders equipped with increased self-efficacy, intellectual understanding, and social competence. By applying innovative teaching methods tailored to students' cultural realities and fostering a sense of ownership within the learning community, Ascend Leadership Academy is effectively shaping the next generation of leaders. Through its dedicated facilities, teachers, and materials, this organization in Sanford, NC, is making a tangible difference in the educational journey of its students, empowering them to thrive academically and personally.




This information is meant to be a general summary of Ascend Leadership Academy. 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
$5,113,619 (2022)
Expenses
$6,119,158 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5,113,619

Assets and Liabilities:

  • Total Assets: $19,652,190
  • Total Liabilities: $20,102,650
  • Net Assets: -$450,460

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Organization Details

Founding Year

2016

Principal Officer

Justin T Smith

Main Address

283 HARVEY FAULK ROAD, SANFORD, NC, 27332

NTEE Category

Code: B29 - Education

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