2025-05-15T13:30:36-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 331200239 ASCEND LEARNING INC ASCE 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 EDISON DE LA CRUZ CHIEF FINANCIAL OFFICER 3474647600 2025-05-15 1 1 SACHA RICHARDS P01378509 2017129800 2025-05-12 2023 2025-03-06 01:10:19Z RECY DUNN 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 19015759 0 X WWW.ASCENDLEARNING.ORG X 2008 NY ASCEND PROVIDES CHARTER SCHOOLS WITH EDUCATION, MANAGEMENT, AND FACILITY DEVELOPMENT SERVICES. 9 9 130 10 0 0 12247642 2149770 16627850 16685980 96566 174085 766 5924 28972824 19015759 3546263 0 0 0 11952338 11886952 0 0 537428 8527746 6990808 24026347 18877760 4946477 137999 17436580 16996772 2994501 3359152 14442079 13637620 X TO DEVELOP A SCALABLE SOLUTION TO THE UNDERACHIEVEMENT OF ECONOMICALLY DISADVANTAGED CHILDREN BY PROVIDING A NETWORK OF URBAN COLLEGE PREPARATORY CHARTER SCHOOLS, OPERATING WITH WIDELY AVAILABLE RESOURCES, AND ACHIEVING ACADEMIC LEVELS EQUAL OR SUPERIOR TO SUBURBAN SCHOOLS EDUCATING STUDENTS FROM MIDDLE-CLASS FAMILIES. 0 0 14365014 0 16685980 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 ELEVEN CHARTER SCHOOLS. 14365014 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 105 0 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X EDISON DE LA CRUZ 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 ISABEL GEATHERS SECRETARY & CO. CHAIR 3.00 X X 0 0 0 JULIA BATOR CHAIR, THRU 9/30/2023 3.00 X X 0 0 0 PETER MAY TREASURER 3.00 X X 0 0 0 KEMI AKINSANYA-ROSE DIRECTOR 2.00 X 0 0 0 BROOKE DANIELS DIRECTOR 2.00 X 0 0 0 CELESTE HERRERA DIRECTOR 2.00 X 0 0 0 DANIEL PARRA DIRECTOR 2.00 X 0 0 0 SELINA IP DIRECTOR 2.00 X 0 0 0 SYDNEY THOMAS DIRECTOR 2.00 X 0 0 0 SHANNON KETE DIRECTOR 2.00 X 0 0 0 RECY DUNN CHIEF EXECUTIVE OFFICER 40.00 X 324270 0 8324 MARYANN LI CHIEF OPERATING OFFICER 40.00 X 262056 0 5308 KATHERINE MCGRATH GENERAL COUNSEL 40.00 X 152292 0 47630 EDISON DE LA CRUZ CHIEF FINANCIAL OFFICER EFF. 6/17/24 40.00 X 0 0 0 DANIQUE DAY CHIEF OF SCHOOLS 40.00 X 225770 0 26508 DANA EVANS-MULLER MANAGING DIR. OF SAFETY & FACILITIES 40.00 X 203640 0 9813 HOLLY CURTIS CHIEF OF STAFF, THRU APRIL 2024 40.00 X 225838 0 19476 ANASTASIA MICHALS MANAGING DIRECTOR OF SCHOOLS 40.00 X 195639 0 21312 ZONYA HICKS MANAGING DIRECTOR OF SCHOOLS 40.00 X 183101 0 3523 KATHERINE STEWART MANAGING DIRECTOR OF SCHOOLS 40.00 X 170031 0 41144 DARIELLE PETRUCCI MANAGING DIRECTOR OF SCHOOLS 40.00 X 170011 0 15021 2112648 0 198059 41 0 1 0 DBI PROJECTS LLC 1261 BROADWAY 9TH FLOOR NEW YORK NY 10001 MANAGEMENT SERVICES 590335 COMPUTER RESOURCE OF AMERICA 729 7TH AVENUE 2ND FL NEW YORK NY 10019 IT SERVICES 559904 CAREY LLC 485 MADISON AVE SUITE 202 NEW YORK NY 10022 CONSULTING AND DEVELOPMENT SERVICES 273970 11TH STREET WORKSHOP INC 11TH STREET WORKSHOP306 E 11TH ST NEW YORK NY 10003 CONSTRUCTION SERVICES 273214 GOLDIN SOLUTIONS INC 928 BROADWAYSUITE 900 NEW YORK NY 10010 MARKETING SERVICES 240000 11 1343223 806547 2149770 MANAGEMENT FEES 541611 16685980 16685980 16685980 174085 174085 MISCELLANEOUS REVENUE 900099 5924 5924 5924 19015759 16685980 0 180009 X 1340471 1179614 107238 53619 8150456 7172402 652035 326019 806345 709583 64508 32254 781285 687578 62550 31157 808395 711388 64671 32336 267086 267086 123500 123500 2599081 442275 2156043 763 94957 85461 9496 386775 348588 35774 2413 325882 103720 218046 4116 425563 384414 41149 150780 132687 12062 6031 835 752 83 20334 17894 1627 813 1121739 987130 89739 44870 75929 66818 6074 3037 REPLICATION AND EXPANSI 806203 806203 STAFF DEVELOPMENT 337402 303662 33740 REPAIRS & MAINTENANCE 183318 172088 11230 CLASSROOM SUPPLIES 51121 35801 15320 20303 16956 3347 18877760 14365014 3975318 537428 3454376 2543717 6220233 4939493 1361831 1095111 71443 344871 6593605 2814394 4847796 3779211 1480901 4294369 17436580 16996772 1907001 2759152 1087500 600000 2994501 3359152 X 14442079 13637620 14442079 13637620 17436580 16996772 X 137999 -942458 X X 0 1 X 1 1 1 X 3981042 4199919 3891138 12247642 2149770 26469511 3981042 4199919 3891138 12247642 2149770 26469511 2221356 24248155 554 1018 3990 96566 174085 276213 78 4688 766 5924 11456 26757180 79949958 0.90620 0.93380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 78. 2020 AMOUNT: $ 4,688. 2022 AMOUNT: $ 766. 2023 AMOUNT: $ 5,924. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3538679 853957 2684722 2306924 1469807 837117 748002 490630 257372 3779211 DUE FROM AFFILIATE CHARTER SCHOOLS 4294369 4294369 X 19015759 0 19015759 0 19015759 19820218 942458 942458 18877760 0 18877760 PART X, LINE 2: ASCEND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT ASCEND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ASCEND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF GRANT RECEIVABLE 942,458. X X 0 0 0 0 0 0 0 1 0 RECY DUNN CHIEF EXECUTIVE OFFICER 324180 0 0 0 90 0 6514 0 1810 0 332594 0 0 0 MARYANN LI CHIEF OPERATING OFFICER 262000 0 0 0 56 0 4998 0 310 0 267364 0 0 0 DANIQUE DAY CHIEF OF SCHOOLS 225632 0 0 0 138 0 0 0 26508 0 252278 0 0 0 HOLLY CURTIS CHIEF OF STAFF, THRU APRIL 2024 225788 0 0 0 50 0 4583 0 14893 0 245314 0 0 0 ANASTASIA MICHALS MANAGING DIRECTOR OF SCHOOLS 185580 0 10000 0 59 0 7371 0 13941 0 216951 0 0 0 DANA EVANS-MULLER MANAGING DIR. OF SAFETY & FACILITIES 203497 0 0 0 143 0 2192 0 7621 0 213453 0 0 0 KATHERINE STEWART MANAGING DIRECTOR OF SCHOOLS 169941 0 0 0 90 0 2123 0 39021 0 211175 0 0 0 KATHERINE MCGRATH GENERAL COUNSEL 152236 0 0 0 56 0 2530 0 45100 0 199922 0 0 0 ZONYA HICKS MANAGING DIRECTOR OF SCHOOLS 183000 0 0 0 101 0 1213 0 2310 0 186624 0 0 0 DARIELLE PETRUCCI MANAGING DIRECTOR OF SCHOOLS 169957 0 0 0 54 0 1610 0 13411 0 185032 0 0 0 PART I, LINE 7 AN INDIVIDUAL LISTED ON PART VII RECEIVED A SIGNING BONUS WHICH WAS INCLUDED AS REPORTABLE COMPENSATION. THIS AMOUNT IS REPORTED IN PART II, COLUMN (B)(II). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, DIRECTORS, AND KEY EMPLOYEES AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IN ADDITION, THE BOARD OF DIRECTORS SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF ALL OFFICERS OF THE ORGANIZATION, INCLUDING THE CHIEF EXECUTIVE OFFICER, WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. AN ANNUAL MEETING WAS HELD DURING WHICH THE BOARD REVIEWED OFFICER PERFORMANCE AND UTILIZED COMPARABILITY DATA FROM NYC PUBLIC SCHOOLS AND NATIONAL TO DETERMINE COMPENSATION FOR THE ANNUAL YEAR. THE PROCESS WAS LAST CONDUCTED IN FY2024 AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G RECRUITING: PROGRAM SERVICE EXPENSES 425,492. MANAGEMENT AND GENERAL EXPENSES 44,555. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 470,047. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 16,783. MANAGEMENT AND GENERAL EXPENSES 38,489. FUNDRAISING EXPENSES 763. TOTAL EXPENSES 56,035. FINANCIAL CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 258,265. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 258,265. EXECUTIVE CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,326,928. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,326,928. CURRICULUM & FACILITIES CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,600. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,600. ADMIN/TEMP STAFFING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 375,507. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 375,507. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 101,699. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,699. FORM 990, PART XI, LINE 9: WRITE OFF OF GRANT RECEIVABLE -942,458. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.