Nonprofit screen
Screen a listAscendus Inc
Can you give?
Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$12Mrevenue
FY2024 · −16% in 3 yrs58staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−29.5%
Months of reserve19.0mo
Revenue growth (annualized)+4.1%
Middle half of peersMedianAscendus
Where the money goes FY2024 · $16M spent
Programs$13M80%Management and general$2.3M14%Fundraising$810k5%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 83% in FY2022
$2.7M in FY2021, $463k in FY2022.
990 Part VIIIDeficits in 2 of the last 3 years
−$2.5M in FY2023 and −$3.6M in FY2024. Cash covers 19.0 months, above the peer median of 3.5.
990 Part I and balance sheetIn its favor1
Strong governance
19 of 19 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI54funders
$1.8Ma year, last 3 years
17%from its largest funder
Funder’17’18’19’20’21’22’23Nybdc Local Development CorporationStopped after FY2018$952k$796k–The Bank of America Charitable Foundation IncEvery year since FY2017$200k$150k$165k$430k$191k$240k$115kAccion Opportunity Fund IncOn and off$344k$391k$303k$215kThe Clark FoundationEvery year since FY2017$63k$150k$150k$150k$150k$175k$175kCiti FoundationOn and off$1.0MRobin Hood FoundationStopped after FY2021$200k$150k$150k$213k$225k–Donor-advised giftsDonors not disclosed$56k$79k$59k$88k$672k$787k$1.4M27 other fundersUp to $700k a year each$772k$64k$81k$437k$318k$32k$324k
FundedThrough a donor-advised fundStopped