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California · Nonprofit

ASCENDO FOUNDATION

ASCENDO FOUNDATION (California) receives grants from 2 organizations whose IRS filings report $92,000 to it, the largest being HAAJA FOUNDATION ($90,000). 1 of them have funded it in more than one year.

Revenue FY2025
$20k
Funders on record
2
Grants received
$92k
Net assets
$19k
1/2 repeat funderspeak grant-dependency 100%
01What it does

What Ascendo Foundation does

Programs

  1. Ascendo Foundation initiated a community concert series featuring young musicians to foster mental and emotional wellness.

    $3,573 spent
  2. Ascendo Foundation supported a community fundraiser event at Valley Church.

    $1,391 spent

The 2 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($21k) Expenses 100 ($11k) Net assets 100 ($10k)2023 Revenue 53 ($11k) Expenses 129 ($14k) Net assets 72 ($7k)2024 Revenue 108 ($23k) Expenses 64 ($7k) Net assets 225 ($23k)2025 Revenue 95 ($20k) Expenses 224 ($24k) Net assets 184 ($19k)
2022202320242025
Revenue (95)Expenses (224)Net assets (184)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $7k to $23k (+213%).

$10k
$7k
$23k
$20k
2022202320242025
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Hue Truong

CEO

As listed on its FY2025 Form 990-PF.

2022202320242025
Listed2222
Joined····
No longer listed····
03Who funds it

Who funds it, year by year

2022 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $21k → $11k.

Funder
'22
'23
'24*
'25*
'26*
total
funders
2
1
1
1
1

From the IRS filings of ASCENDO FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASCENDO FOUNDATION leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 90% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ASCENDO FOUNDATION's grant income comes from California funders.

CA

In-state vs out-of-state, by year

’22
’23
California out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASCENDO FOUNDATION has grown faster than half of the 4,748 philanthropy nonprofits its size.

Months of reserve9.3mo · below the median
Revenue growth (annualized)−2% · above the median

this organization peer median middle 50% of peers· 4,748 philanthropy nonprofits under $100k, FY2025

Organizations like ASCENDO FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for ASCENDO FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASCENDO FOUNDATION?
ASCENDO FOUNDATION (California) receives grants from 2 organizations whose IRS filings report $92,000 to it, the largest being HAAJA FOUNDATION ($90,000). 1 of them have funded it in more than one year.
How many funders does ASCENDO FOUNDATION have?
IRS filings report 2 organizations giving $92,000 in grants to ASCENDO FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ASCENDO FOUNDATION?
HAAJA FOUNDATION is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
How can an organization like ASCENDO FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing