BEducationEIN: 822660338· Ruling Year: 2018

Ascend Leadership Academy Inc

Sanford, North Carolina

CHealth Score
40C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.15×
Peer Median20.77×
💰
$6.3M
Total Revenue
📊
$6.9M
Total Expenses
🏦
-$1.0M
Net Assets
📋
$19.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.3%
Year-over-year change (2022 → 2023)
Net Margin
-9.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.15
Net assets divided by total expenses
Liabilities-to-Assets
105.7%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$6,306,45023%$6,901,08813%$18,270,2477%
2022$5,113,61939%$6,119,15883%$19,652,1902695%
2021$3,683,29941%$3,349,92938%$703,081125%
2020$2,604,009103%$2,423,58996%$312,260261%
2019$1,279,948$1,238,659$86,543

Frequently Asked Questions

What does Ascend Leadership Academy Inc do?

Ascend Leadership Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ascend Leadership Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Ascend Leadership Academy Inc has a score of 40/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ascend Leadership Academy Inc generate?

Ascend Leadership Academy Inc reports $7.0M in annual revenue and holds $17.8M in total assets, based on IRS filings.

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