BEducationEIN: 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$10,766,899164%$2,335,98115%$57,962,55715%
2022$4,084,57163%$2,033,881538%$50,550,69875%
2021$10,934,328407%$318,704893%$28,947,129439%
2020$2,155,87730%$32,08827%$5,369,81073%
2019$3,079,3788089%$43,71345%$3,102,41841409%
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 $4.6M in annual revenue and holds $58.0M in total assets, based on IRS filings.

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