B — EducationEIN: 824345706· Ruling Year: 2018

Ascte Foundation

Huntsville, Alabama

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org11.27×
Peer Median20.77×
💰
$10.8M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$26.3M
Net Assets
📋
$31.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+163.6%
Year-over-year change (2022 → 2023)
Net Margin
+78.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.27
Net assets divided by total expenses
Liabilities-to-Assets
54.6%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$10,766,899↑164%$2,335,981↑15%$57,962,557↑15%
2022$4,084,571↓63%$2,033,881↑538%$50,550,698↑75%
2021$10,934,328↑407%$318,704↑893%$28,947,129↑439%
2020$2,155,877↓30%$32,088↓27%$5,369,810↑73%
2019$3,079,378↑8089%$43,713↑45%$3,102,418↑41409%
2018$37,604$30,130$7,474

Frequently Asked Questions

What does Ascte Foundation do?▼

Ascte Foundation is a education nonprofit organization based in Alabama. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ascte Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Ascte Foundation has a score of 64/100 (Grade: B). 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 Ascte Foundation generate?▼

Ascte Foundation reports $9.7M in annual revenue and holds $63.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Alabama.