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Ascend Learning

Brooklyn, NY · EIN 33-1200239 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Ascend Learning reported $19.6 million in revenue and $18.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.42 went to program services, $13.83 to management and general costs and $2.75 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.4% of the total. Government grants made up 6.0%. The highest compensation it reported for one person was $344,002 (CHIEF EXECUTIVE OFFICER - THRU 5/2025). 37 people received more than $100,000 in reportable compensation. Revenue rose 6% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $18M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $20M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.22$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
86.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$344,002$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.90%1.28%
People paid over $100,000
Part VII, line 2
378
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.013.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · grants $1.4M · revenue $17M

Ascend Learning, inc. Operates as a charter management organization based in new york city and provides management and development services and facility development services for ascend charter schools, an education corporation comprised of nine charter schools

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER - THRU 5/2025
Officer, 40.00 hrs/week
$334,649$0$9,353$344,002
PRESIDENT
Officer, 40.00 hrs/week
$296,929$0$7,594$304,523
GENERAL COUNSEL
Officer, 40.00 hrs/week
$229,568$0$55,415$284,983
CHIEF OF SCHOOLS
Officer, 40.00 hrs/week
$243,786$0$24,612$268,398
SENIOR MANAGING DIRECTOR OF SCHOOLS
Highest compensated employee, 40.00 hrs/week
$200,469$0$23,781$224,250
MANAGING DIR. OF SAFETY & FACILITIES
Highest compensated employee, 40.00 hrs/week
$177,697$0$27,692$205,389
MANAGING DIRECTOR OF SCHOOLS
Highest compensated employee, 40.00 hrs/week
$182,723$0$14,334$197,057
MANAGING DIR. OF PEOPLE OPERATIONS
Highest compensated employee, 40.00 hrs/week
$186,562$0$6,419$192,981

37 people received more than $100,000 in reportable compensation from Ascend Learning (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$20M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$20M$18M83.4%$15M$344,002
FY2024 ⓘ$19M$19M76.1%$14M$332,594
FY2023 ⓘ$29M$24M75.3%$14M$332,187
FY2022 ⓘ$20M$16M77.6%$9.7M$224,677
FY2021 ⓘ$20M$16M83.9%$6.3M$348,708
FY2020 ⓘ$19M$17M84.3%$2.0M$743,850

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5122
  • Volunteers Part I, line 69

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PKF O'CONNOR DAVIES LLP
Auditing services
$190,294
SEYFARTH SHAW LLP
Legal services
$163,821
ROCKET 55 LLC
Digital marketing services
$107,067

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Ascend Learning totaling $572K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ascend Learning's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ascend Learning, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Ascend Learning's spending goes to programs?

In the fiscal year ending June 30, 2025, Ascend Learning reported that 83.4% of its $18.1 million in expenses went to program services, 13.8% to management and general and 2.7% to fundraising (Form 990, Part IX).

How much does Ascend Learning pay its top executive?

The largest total compensation Ascend Learning reported for one person in the fiscal year ending June 30, 2025 was $344,002, for the role of CHIEF EXECUTIVE OFFICER - THRU 5/2025 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ascend Learning get its money?

Of $19.6 million in revenue in the fiscal year ending June 30, 2025, 11.8% came from contributions and grants (including 6.0% from government grants) and 86.4% from program service revenue (Form 990, Part VIII).

Is Ascend Learning a registered charity?

The IRS lists EIN 33-1200239 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641359349317159 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349310407 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349309195 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349320311 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231379349300803 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349305762 · read the filing

All filings for EIN 33-1200239: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.