2021-08-30T11:36:45-05:00 2020-12-31 ERNST & YOUNG US LLP 1101 NEW YORK AVE NW WASHINGTON DC 20005 990 2020-01-01 391090394 Ascendium Education Group Inc % HOPE MERRY ASCE 6087332500 2501 International Lane Madison WI 53704 Richard George President & CEO 6087332500 2021-08-27 true Richard George XXX-XX-XXXX Amber Gazica P01391011 2023276000 3 2020 2022-09-23 18:48:47Z Richard George 2501 International Lane Madison WI 53704 34299427 false X www.ASCENDIUMEDUCATION.ORG X 1967 WI ASCENDIUM EDUCATION GROUP, INC. OPERATES FOR THE SUPPORT AND BENEFIT OF ASCENDIUM EDUCATION SOLUTIONS AND NORTHSTAR GUARANTEE, INC. 9 8 67 0 -162332 0 0 0 0 0 29781000 30305069 86739 8 29867739 30305077 19750 42250 0 0 7067795 8350708 0 0 0 -5023479 -5924176 2064066 2468782 27803673 27836295 2132867938 2297580826 27131 3279906 2132840807 2294300920 ASCENDIUM EDUCATION GROUP, INC. OPERATE FOR THE SUPPORT AND BENEFIT OF ASCENDIUM EDUCATION SOLUTIONS, INC. 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SOLUTIONS AND NORTHSTAR SUPPORTS INCREASED ACCESS TO AND SUCCESS IN POSTSECONDAY EDUCATION AS A NATIONAL GRANTMAKER, AS FEDERAL STUDENT LOAN GUARANTY AGENCY AND A PROVIDER OF STUDENT SUCCESS SERVICES. 24001 true false false false false false false false false false true true false false true false false true false false false false false false false false false true true true false false false false false false false false false false false false false true true true false false true 41 0 true 67 true false false false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true true false X HOPE MERRY 6087332584 2501 INTERNATIONAL LANE MADISON WI 53704 X Richard D George 23 Chair/Pres/CEO/Treas 28.0 23.0 X X 798900 0 51779 Jeff Crosby 3 Chief Operating Officer 7.0 43.0 X 0 496743 40578 Hope Merry 3 Chief Financial Officer 10.0 40.0 X 373772 0 46324 Jacqueline Fairbairn 3 Chief Compliance Officer 1.0 49.0 X 0 278698 47490 Rebecca Rapp 3 Gen Cnsl & Asst Secretary 24.0 22.0 X 273217 0 42016 Amy Kerwin 3 VP - Education Philanthropy 3.0 48.0 X 0 275086 33381 Brian Kobishop 3 VP - IT/Security/Logistics 10.0 34.0 X 276540 0 18959 Maureen Harrill 3 VP - Human Resources 10.0 34.0 X 207850 0 34951 Matt Harlowe 3 Director Internal Audit 25.0 25.0 X 208683 0 23429 Eric Maly 3 Director - Info Technology 45.0 0.0 X 156498 0 39562 Jennifer Krueger 3 Associate Counsel 45.0 0.0 X 159582 0 31836 Catherine Risseeuw 3 Mgr - HR Technology & Comp 45.0 0.0 X 132839 0 38692 Barry Smith 3 Security Pol-Vend Rel Mgr 45.0 0.0 X 132433 0 39018 Fernando Delk 3 Sr IT & Busn Integ Anst 45.0 0.0 X 136778 0 29573 Brett Lindquist 3 VP - Strategic Communications 10.0 34.0 X 35177 0 14976 Linda Hoeschler 1 Director 2.0 1.0 X 7200 9600 0 Thoma Boldt 1 Director 3.0 0.0 X 16500 0 0 Richard A Weiss 1 Director 1.0 1.0 X 5500 11000 0 Emerson Brumback 1 Director 2.0 1.0 X 7200 7200 0 Mary Burke 1 Director 1.0 2.0 X 4800 9600 0 Roger Ervin 1 Director 2.0 1.0 X 7200 7200 0 David J Hanson 1 Director/Secretary 1.0 2.0 X 4800 9600 0 Joan Prince 1 Director 2.0 1.0 X 7200 7200 0 2952669 1111927 532564 19 false true false Ernst Young US LLP 155 N Wacker Dr CHICAGO IL 60606 Audit/Tax Service 452321 Bell Giftos St John LLC 5325 Wall St Ste 2200 MADISON WI 53718 legal services 101566 Brownstein Hyatt Farber Schreck 155 N Wacker Dr CHICAGO IL 60606 Legal Service 553340 Foley Lardner 777 E Wisconsin Avenue MILWAUKEE WI 532025306 Legal Service 356883 Allium IT LLC 833 E/ Michigan St Ste 1800 MILWAUKEE WI 532025306 Consulting Service 217134 10 0 0 30391646 -162332 30553978 0 0 0 0 0 3907773 3994350 -86577 -86577 -86577 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 8 8 8 30305077 -162332 30467409 X 10000 10000 32250 32250 0 0 3043811 953745 2090066 0 4206227 1196490 3009737 320291 91108 229183 533283 151696 381587 247096 70288 176808 0 956335 956335 192318 192318 0 0 2410080 2410080 3111365 1169817 1941548 52325 52325 1647987 1643102 4885 0 0 215640 106470 109170 16956 6479 10477 0 62088 11402 50686 0 0 13412 13412 835525 835525 SERVICE ARRANGEMENT FEES 20663221 20663221 DUES AND MEMBERSHIPS 32545 32545 CORP SUPP FUNCT ALLOCATION -36199399 -27038381 -9161018 MISCELLANEOUS 65426 22507 42919 2468782 24001 2444781 0 X 1070 1176 1350537072 851689036 0 0 0 0 0 0 0 0 0 0 0 0 318672 127 10916347 0 10916347 474934310 80782441 255112847 1256455541 44214699 90322411 0 0 7749268 7413747 2132867938 2297580826 27131 937974 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2341932 27131 3279906 X 2132840807 2294300920 0 0 2132840807 2294300920 2132867938 2297580826 X 27836295 83623818 50000000 X false true X true false X X 2 ASCENDIUM EDUCATION SOLUTIONS INC 391853833 10 true 27291133 0 NORTHSTAR GUARANTEE INC 411689095 10 true 9769 0 2 27300902 0 true false false false false false false false false false false false false false false true 4413829 4413829 6502518 6502518 10916347 BLACKROCK - INDEX FUND 182170060 F VANGUARD - INDEX FUND 184892661 F TREASURY NOTES 735719000 F MORGAN STANLEY 153673820 F 1256455541 0 INTERCOMPANY PAYABLE 2341932 2341932 true Boys & Girls Club of Dane County 5936 Seminole Centre Ct Madison WI 53711 391925617 501(C)(3) 10000 Grant - Digital Career Experience 1 EMPLOYEE DEPENDENT SCHOLARSHIP PROGRAM 18 32250 FORM 990, SCHEDULE I - PART I, LINE 2 DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS IN THE UNITED STATES: Ascendium Group Inc. utilizes a thorough application process to provide scholarships to worthy students using the application pool of its employee's dependents. The scholarships are awarded to the students and paid on their behalf to the universities they attend. FORM 990, SCHEDULE I - PART III, LINE 1 THE EMPLOYEE DEPENDENT SCHOLARSHIP PROGRAM IS TO BE APPLIED TOWARD THE COST OF TUITION. THE RECIPIENTS WERE DETERMINED BASED ON CRITERIA DEFINED BY THE PROGRAM AND NO INDIVIDUAL RECIPIENT RECEIVES MORE THAN $2,500 PER SCHOOL YEAR. X X X X X false false false false false false false false false Richard D George 23 Chair/Pres/CEO/Treas 395235 0 400000 0 3665 0 21246 0 30533 0 850679 0 0 0 Hope Merry 3 Chief Financial Officer 218308 0 155000 0 464 0 19063 0 27261 0 420096 0 0 0 Jeff Crosby 3 Chief Operating Officer 0 295427 0 200000 0 1316 0 19139 0 21439 0 537321 0 0 Rebecca Rapp 3 Gen Cnsl & Asst Secretary 137770 0 135000 0 447 0 19220 0 22796 0 315233 0 0 0 Maureen Harrill 3 VP - Human Resources 126147 0 80000 0 1703 0 14820 0 20131 0 242801 0 0 0 Brian Kobishop 3 VP - IT/Security/Logistics 174520 0 100000 0 2020 0 13668 0 5291 0 295499 0 0 0 Amy Kerwin 3 VP - Education Philanthropy 0 139407 0 135000 0 679 0 13173 0 20208 0 308467 0 0 Jacqueline Fairbairn 3 Chief Compliance Officer 0 142369 0 135000 0 1329 0 17721 0 29769 0 326188 0 0 Matt Harlowe 3 Director Internal Audit 138428 0 70000 0 255 0 14915 0 8514 0 232112 0 0 0 Jennifer Krueger 3 Associate Counsel 136404 0 22746 0 432 0 14621 0 17215 0 191418 0 0 0 Catherine Risseeuw 3 Mgr - HR Technology & Comp 113773 0 18511 0 555 0 12254 0 26438 0 171531 0 0 0 Fernando Delk 3 Sr IT & Busn Integ Anst 127728 0 8455 0 595 0 12829 0 16744 0 166351 0 0 0 Eric Maly 3 Director - Info Technology 134557 0 21500 0 441 0 12626 0 26936 0 196060 0 0 0 Barry Smith 3 Security Pol-Vend Rel Mgr 115748 0 15101 0 1584 0 9325 0 29693 0 171451 0 0 0 Part VI, Question 11b On an annual basis, the Chairman of the Board, President and CEO, the audit committee and board reviews the Form 990 prior to filing. The conflicts of interest questionnaires are completed by each Director and reviewed prior to filing the Form 990. Part VI, Question 12c Annually, Directors and Officers sign a conflict of interest document which discloses any conflicts. The signed documents are reviewed annually by the Chairman of the Board. If a disclosed conflict occurs, the individual abstains from discussion and voting on topics where a conflict of interest exists. All Directors, Officers and employees are subject to the Human Resources Code of Ethics to maintain the highest ethical and legal standards of business conduct. Part VI, Questions 15a & 15b The compensation of the CEO and all of the Officers is determined annually by the Personnel Policy Committee of the Board of Directors. The CEO is routinely excused and abstains from discussion and/or voting on any matters related to his own compensation and benefits. The Personnel Policy Committee's report is submitted to the Board of Directors for approval. The decisions are documented in the Board minutes. Every two to three years, an independent compensation study is performed, last compensation study was performed in 2019. Part VI, Question 19 Federal tax law does not require that such documents be made publicly available. Documents are available upon specific request. Part VII, Section A, Line 1a (1) Directors normally attend 3-4 board meetings and 3-4 committee meetings per year in addition to telephonic conferences and individual meetings with officers. Directors devote an average of 1-3 hours per week to their position(s). (2) Compensation line includes compensation for general counsel services and affiliate group responsibilities. Inside directors are not eligible for Board compensation.(3) Non-operating officer position not separately compensated. Part IX, Line 24c Costs are charged to the applicable managing area and then further allocated to supporting services and programs that each area supports. Costs are allocated to supporting services and programs based on estimates made by management, taking into account the nature of the expense and how it relates to the functional areas. Costs are typically allocated based on resources used or time and effort. 2020 allocations made to the following supporting organizations and amounts are as follows: Ascendium Education Solutions, Inc. 27,291,133 NorthStar Education Guarantee, Inc. 9,769 Part XI, Line 9 OPERATING FUND CONTRIBUTION transfer to AEG from $50,000,000 Ascendium Education Solutions, Inc. --------------- $50,000,000 FORM 990 PART IX LINE 11G DESCRIPTION:RETIREMENT ADMINISTRATION TOTAL FEES:65669 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING SERVICES TOTAL FEES:486108 FORM 990 PART IX LINE 11G DESCRIPTION:DELTA DENTAL SERVICES TOTAL FEES:11380 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL SERVICES TOTAL FEES:1446470 FORM 990 PART IX LINE 11G DESCRIPTION:RECRUITING TOTAL FEES:1978 FORM 990 PART IX LINE 11G DESCRIPTION:TRANSFER PRICING TOTAL FEES:12600 FORM 990 PART IX LINE 11G DESCRIPTION:IT CONSUTLING TOTAL FEES:314852 FORM 990 PART IX LINE 11G DESCRIPTION:IT SPECIALIZED SUPPORT TOTAL FEES:772308 Ascendium Education Solutions Inc 2501 International Lane Madison WI 53704 391853833 Gty Stdnt Lns WI 501(C)(3) 10 GROUP true Northstar Guarantee Inc 2501 International Lane Madison WI 53704 411689095 Stdt Rehab Ln MN 501(C)(3) 10 GROUP true Northstar Education Services LLC 2501 International Lane Madison WI 53704 352626495 Service WI GROUP C Corp -2986421 7344885 1.00000 true false false false false false false false false false false true true false false true true false false Ascendium Education Solutions Inc L & Q 27430782 ACTUAL COST NORTHSTAR EDUCATION SERVICES LLC L & Q 743687 ACTUAL COST