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Utah · Nonprofit

ASCENT ACADEMIES OF UTAH

ASCENT ACADEMIES OF UTAH (Utah) receives grants from 6 organizations whose IRS filings report $20,709 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,750). 1 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$37M
Funders on record
6
Grants received
$21k
Net assets
$-187227
1/6 repeat funderspeak grant-dependency 0%
01What it does

What Ascent Academies of Utah does

Mission

Ascent Academies of Utah's schools utilize the schoolwide enrichment model to build a strong educational foundation and to provide an enriching, individualized and varied educational experience to all students.

As stated on its FY2025 Form 990.

Program

  1. Ascent Academies of Utah will accomplish its mission by offering each student an opportunity to find and develop his or her own unique profile of gifts and talents and by providing all employees with exceptional development opportunities through professional learning communities, networking, and partnerships.

    $29,359,600 spent$589,532 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $29,359,600.

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 ($14M) Expenses 100 ($13M) Net assets 100 ($1.4M)2018 Revenue 120 ($17M) Expenses 107 ($14M) Net assets 280 ($4.0M)2019 Revenue 146 ($20M) Expenses 159 ($21M) Net assets 242 ($3.5M)2020 Revenue 157 ($22M) Expenses 176 ($23M) Net assets 163 ($2.3M)2021 Revenue 168 ($23M) Expenses 192 ($25M) Net assets -7 ($-106139)2022 Revenue 167 ($23M) Expenses 195 ($25M) Net assets -170 ($-2461973)2023 Revenue 221 ($31M) Expenses 234 ($30M) Net assets -158 ($-2288407)2024 Revenue 244 ($34M) Expenses 257 ($33M) Net assets -139 ($-2008403)2025 Revenue 266 ($37M) Expenses 269 ($35M) Net assets -13 ($-187227)
'17'18'19'20'21'22'23'24'25
Revenue (266)Expenses (269)Net assets (-13)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 $65M to $87M (+33%).

$34M
$38M
$50M
$49M
$46M
$51M
$65M
$87M
$88M
'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: 2017 6% · 2018 6% · 2019 91% · 2020 93% · 2021 95% · 2022 99% · 2023 94% · 2024 97% · 2025 96%. Grants only. Government contracts and fees sit inside program revenue.

96% of ASCENT ACADEMIES OF UTAH’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$804k
’17
$2.6M
’18
−$546k
’19
−$1.1M
’20
−$1.9M
’21
−$2.4M
’22
$174k
’23
$280k
’24
$1.8M
’25
2.7
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

Chris Bleak

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed555555555
Joined·+0+0+1+0+0+0+0+1
No longer listed·00100001
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $250 → $653.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% 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 ASCENT ACADEMIES OF UTAH’s funders (the co-funder graph). Top 5 of 6 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

ASCENT ACADEMIES OF UTAH leans on a few funders — its largest provides 52% of grant income and the top three 98%; half comes from just 1 funder.

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

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASCENT ACADEMIES OF UTAH.

52%
largest funder
98%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2020 92% · 2021 100% · 2022 100% · 2023 68% — diversifying over time.

“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

64% of ASCENT ACADEMIES OF UTAH's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7k that is directly attributable, 97% of it comes from funders outside Utah, across 3 states.

MA
UT
DC

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

’18
’20
’23
Utah out of state home

Funder states come from each funder’s own filing. $13k 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

ASCENT ACADEMIES OF UTAH has grown faster than three-quarters of the 3,758 education nonprofits its size.

Operating margin5% · above the median
Months of reserve2.7mo · below the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like ASCENT ACADEMIES OF UTAH

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 Utah

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

UT

Screen this organization

A dated, signed PDF of the compliance screen for ASCENT ACADEMIES OF UTAH: 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 ASCENT ACADEMIES OF UTAH?
ASCENT ACADEMIES OF UTAH (Utah) receives grants from 6 organizations whose IRS filings report $20,709 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,750). 1 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ASCENT ACADEMIES OF UTAH have?
IRS filings report 6 organizations giving $20,709 in grants to ASCENT ACADEMIES OF UTAH, 1 of which have funded it in more than one year.
Who is the largest funder of ASCENT ACADEMIES OF UTAH?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $10,750 in grants. The full list of funders is on this page.
How can an organization like ASCENT ACADEMIES OF UTAH find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. 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 Ascent Academies of Utah →

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 6 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