BETA

ASCEND EDUCATIONAL FUND: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ASCEND EDUCATIONAL FUND (EIN 46-1140658)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-15
IRS object ID
201911359349202871
Schema version
2018v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-15T09:38:44-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461140658EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASCEND EDUCATIONAL FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASCEBusinessNameControlTxt
Phone9727620961PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 Second Avenue Apt 31AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonErika ZamoraPersonNm
Person TitleTreasurerPersonTitleTxt
Phone9727620961PhoneNum
Signature2019-05-15SignatureDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address204.138.240.254IPv4AddressTxt
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$107,047GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$107,047ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$107,047TotalRevenueAmt
Grants And Similar Amounts Paid$74,863GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$0SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$18,416FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$0OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$1PrintingPublicationsPostageAmt
Other Expenses Total$18,403OtherExpensesTotalAmt
Total Expenses$111,683TotalExpensesAmt
Excess Or Deficit For Year-$4,636ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$57,668NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$6,646OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$59,678NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$151,668BOYAmt
EOY$150,232EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$30,500BOYAmt
EOY$30,530EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$182,168BOYAmt
EOY$180,762EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$124,500BOYAmt
EOY$121,084EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$57,668BOYAmt
EOY$59,678EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeAEF awards scholarship awards to high achieving high school seniors attending a New York City high school and attended an accredited college in the fall semester after graduating from high school. Funds raised are distributed in form of a scholarship.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomAEF Awarded 92000 in college scholarships to New York City high school students to attend colelgeDescriptionProgramSrvcAccomTxt
Grants And Allocations$92,000GrantsAndAllocationsAmt
Program Service Expenses$18,404ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$18,404TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Julissa Arce
Chairman of the Board4$0$0$0
Celeste Everett
Secretary2$0$0$0
Diana Melencio
Director2$0$0$0
Robert Stenz
Director1$0$0$0
Dan Kokini
Director1$0$0$0
Erika Zamora
Treasurer3$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonErika ZamoraPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 Second Avenue Apt 31AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd
FieldValueIRS element (for citing)
Phone9727620961PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,073CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$99,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,721CurrentTaxYearMinus1YearAmt
Current Tax Year$107,047CurrentTaxYearAmt
Total$498,398TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,073CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$99,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,721CurrentTaxYearMinus1YearAmt
Current Tax Year$107,047CurrentTaxYearAmt
Total$498,398TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$498,398PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,073CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$99,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,721CurrentTaxYearMinus1YearAmt
Current Tax Year$107,047CurrentTaxYearAmt
Total$498,398TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091PublicSupportCY509Pct
Public Support PY5091PublicSupportPY509Pct
Investment Income CY0InvestmentIncomeCYPct
Investment Income PY0InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 10Scholarships paid -74,863
Form 990-EZ, Part I, Line 16Description;Amount^Gala expenses;13888|Scholarship Picnic and Interviews Food;1078|General Expense for Website and AwardSpring platform and Credit card fees;3437^Total;18403^
Form 990-EZ, Part I, Line 20Corporate matching funds
Form 990-EZ, Part II, Line 24Description;EOY Amount^Donations received not deposit by Dec;16000|Accounts Receivable Pledged donations;14530^Total;30530^
Form 990-EZ, Part II, Line 26Description;EOY Amount^Scholarships to be paid;114500|Grant payable;6584^Total;121084^

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.