Ascend Vail Inc

Nonprofit profile at a glance

EIN
932713916
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Edwards, CO, USA
Phone
9703767971
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$338,860
Expenses
$253,919
Assets
$185,564
Liabilities
$4,786

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Scott Leonard (President)

Highest reported compensation

  • Scott Leonard (President): $210,152 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Evangelism and discipleship. Building Community. Pursuing Faith.

What it reported doing in 2024

We continued our steady growth by adding forty people into new and pre-existing groups, a 25% growth. Though everyone in our ministry is in a different place in their walk with the Lord we love that we got to see everyone grow deeper with the various men/women in their different groups and deeper in their understanding of and walk with God through the various discussions we have while reading through the books in our curriculum (the Gospel of Mark and the books Imagine Heaven, Everyone Always, More Than a Carpenter, greatness, and James). We also got to see three men get baptized and ten people receive a Bible (and start reading it). One of the best parts of this ministry is getting to see people in our groups invite their friends into a group and then watch that friend either get discipled for the first time or place their faith in Jesus. It's the great commission being carried out and many, for the first time, experiencing the joy of being part of the great commission. A huge achievement was watching the Lord continue to provide for this young ministry. We ended the year with a very healthy reserve, and I could not be much happier about it. This allowed us to hire some very part time administrative help, a huge step for us!

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 65
  • Accountability: 16
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.7%; rating input score 64
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $26.69 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.1%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 82.8%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 89.1% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 56.3% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 64% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 63.7% of revenue deployed · 85% of spending went to programs
  • Governance: 0 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $216K in reported program spending
  • Leadership: top reported pay $210K · 4 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.