Ascent Funding Organization Inc
Nonprofit profile at a glance
- EIN
- 134010455
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Deer Park, NY, USA
- Phone
- 6312546100
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
Reported finances
- Revenue
- $121,000
- Expenses
- $117,197
- Assets
- $18,325
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JOSEPH CRISTIANO (Vice President)
People named in this filing
- LAURA POWER (Treasurer)
- JOSEPH CRISTIANO (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fund education programs for autistic children through the ascent school.
What it reported doing in 2024
The ascent school is a non profit educational institution for children with autism.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95%; rating input score 95
- Program expense ratio: 98.1%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.1%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -13.3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -19.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 95% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $115K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.