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Texas · Nonprofit

ASCENSION ACADEMY

ASCENSION ACADEMY (Texas) receives grants from 15 organizations whose IRS filings report $206,612 to it, the largest being William Wright Family Foundation ($80,000). 9 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
15
Grants received
$207k
Net assets
$5.4M
9/15 repeat funderspeak grant-dependency 2%
01What it does

What Ascension Academy does

Mission

To provide an exemplary college preparatory education in a challenging, faith-affirming environment to maximize the potential of every student.

As stated on its FY2025 Form 990.

Program

  1. To provide a secondary school education with a faith-affirming environment. The school had approximately 134 students in middle school and high school.

    $1,949,468 spent$1,269,810 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,949,468.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($2.6M) Net assets 100 ($8.0M)2018 Revenue 100 ($2.3M) Expenses 99 ($2.6M) Net assets 96 ($7.7M)2019 Revenue 85 ($1.9M) Expenses 100 ($2.6M) Net assets 87 ($7.0M)2020 Revenue 98 ($2.2M) Expenses 96 ($2.5M) Net assets 87 ($7.0M)2021 Revenue 106 ($2.4M) Expenses 95 ($2.5M) Net assets 86 ($6.9M)2022 Revenue 148 ($3.3M) Expenses 90 ($2.4M) Net assets 93 ($7.5M)2023 Revenue 86 ($1.9M) Expenses 94 ($2.5M) Net assets 87 ($7.0M)2024 Revenue 70 ($1.6M) Expenses 97 ($2.6M) Net assets 75 ($6.1M)2025 Revenue 83 ($1.9M) Expenses 98 ($2.6M) Net assets 67 ($5.4M)
'17'18'19'20'21'22'23'24'25
Revenue (83)Expenses (98)Net assets (67)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 $9.2M to $8.1M (−11%).

$11M
$9.9M
$9.4M
$9.1M
$8.9M
$9.6M
$9.2M
$8.1M
$7.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 15% · 2022 11%. Grants only. Government contracts and fees sit inside program revenue.

27% of ASCENSION ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

−$382k
’17
−$346k
’18
−$712k
’19
−$331k
’20
−$116k
’21
$959k
’22
−$518k
’23
−$978k
’24
−$718k
’25
0.4
months of
reserve

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.

Board chair

Patrick Swindell

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151718161513121011
Joined·+4+4+5+3+3+0+2+5
No longer listed·23745144
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 7 funders to 5 funders, grant income rose $30k → $38k.

2 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ASCENSION ACADEMY’s funders (the co-funder graph). Top 14 of 15 funders by total. 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

ASCENSION ACADEMY leans on a few funders — its largest provides 39% of grant income and the top three 63%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

39%
largest funder
63%
top three
~5
effective funders

Largest funder’s share by year: 2017 33% · 2018 50% · 2019 64% · 2020 48% · 2021 75% · 2022 52% · 2023 53% — 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.

How long its funders stay

23% of ASCENSION ACADEMY's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

89% of ASCENSION ACADEMY's grant income comes from Texas funders.

NY
MO
DE
TX

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

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

ASCENSION ACADEMY's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−38% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like ASCENSION ACADEMY

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 Texas

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 13%Fundraising 11%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for ASCENSION ACADEMY: 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 ASCENSION ACADEMY?
ASCENSION ACADEMY (Texas) receives grants from 15 organizations whose IRS filings report $206,612 to it, the largest being William Wright Family Foundation ($80,000). 9 of them have funded it in more than one year.
How many funders does ASCENSION ACADEMY have?
IRS filings report 15 organizations giving $206,612 in grants to ASCENSION ACADEMY, 9 of which have funded it in more than one year.
Who is the largest funder of ASCENSION ACADEMY?
William Wright Family Foundation is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
How can an organization like ASCENSION ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ascension Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 15 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