2026-05-15T21:29:24-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2024-07-01 331200239 ASCEND LEARNING INC ASCE 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 ROBERT PRICE CHIEF FINANCIAL OFFICER 3474647600 2026-05-15 1 1 SACHA RICHARDS P01378509 2017129800 2026-05-13 2024 2025-03-06 01:10:19Z MARYANN LI 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 19602469 0 X WWW.ASCENDLEARNING.ORG X 2008 NY ASCEND PROVIDES CHARTER SCHOOLS WITH EDUCATION, MANAGEMENT, AND FACILITY DEVELOPMENT SERVICES. 8 8 122 9 0 0 2149770 2312152 16685980 16930511 174085 156788 5924 203018 19015759 19602469 0 1448362 0 0 11886952 10931051 0 0 497225 6990808 5726859 18877760 18106272 137999 1496197 16996772 17723163 3359152 2589346 13637620 15133817 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 15105149 1448362 16930511 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 NINE CHARTER SCHOOLS. 15105149 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 73 0 122 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ROBERT PRICE 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 ISABEL GEATHERS CO-CHAIR 3.00 X X 0 0 0 SELINA IP CO-CHAIR 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 SHANNON KETE DIRECTOR 2.00 X 0 0 0 DANIEL PARRA DIRECTOR 2.00 X 0 0 0 SYDNEY THOMAS DIRECTOR - THRU 3/2025 2.00 X 0 0 0 DANIQUE DAY CHIEF OF SCHOOLS 40.00 X 243786 0 24612 RECY DUNN CHIEF EXECUTIVE OFFICER - THRU 5/2025 40.00 X 334649 0 9353 MARYANN LI PRESIDENT 40.00 X 296929 0 7594 EDISON DE LA CRUZ CHIEF FINANCIAL OFFICER 40.00 X 119669 0 22132 KATHERINE MCGRATH GENERAL COUNSEL 40.00 X 229568 0 55415 DANA EVANS-MULLER MANAGING DIR. OF SAFETY & FACILITIES 40.00 X 177697 0 27692 ANASTASIA MICHALS SENIOR MANAGING DIRECTOR OF SCHOOLS 40.00 X 200469 0 23781 DARIELLE PETRUCCI MANAGING DIRECTOR OF SCHOOLS 40.00 X 182723 0 14334 AGAJA REDDY MANAGING DIR. OF MARKETING 40.00 X 172347 0 1304 ZONYA HICKS MANAGING DIR. OF PEOPLE OPERATIONS 40.00 X 186562 0 6419 GERARD ADORE FORMER CHIEF FINANCIAL OFFICER 0.00 X 141127 0 0 2285526 0 192636 37 1 1 0 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 10528 AUDITING SERVICES 190294 SEYFARTH SHAW LLP 3807 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 LEGAL SERVICES 163821 TEGAN YORK CARR LLC 10003 KINROSS AVENUE SILVER SPRING MD 20901 FUNDRAISING SUPPORT 124350 ROCKET 55 LLC 807 BROADWAY STREET NE MINNEAPOLIS MN 55413 DIGITAL MARKETING SERVICES 107067 4 1185151 1127001 2312152 MANAGEMENT FEES 541610 16930511 16930511 16930511 156788 156788 REFUNDS 900099 200000 200000 CREDIT CARD REBATES 900099 3018 3018 203018 19602469 16930511 0 359806 1448362 1448362 1530964 1347248 122477 61239 141127 141127 7723096 6920516 488011 314569 121002 106482 9680 4840 544723 479665 43325 21733 870139 765723 69611 34805 45672 45672 29740 29740 1432834 244333 1188497 4 761721 685549 76172 410387 298833 109884 1670 185418 170740 10184 4494 414804 372750 42054 161835 139222 15075 7538 4276 3845 431 1384 1218 111 55 1073028 944264 85842 42922 83895 73827 6712 3356 REPLICATION AND EXPANSI 944616 944616 STAFF DEVELOPMENT 131192 118073 13119 CLASSROOM SUPPLIES 40151 39001 1150 REPAIRS & MAINTENANCE 5024 5024 882 882 18106272 15105149 2503898 497225 2543717 2807884 4939493 4773736 1095111 1242670 344871 73691 6613954 3887422 3779211 2726532 4294369 6098650 16996772 17723163 2759152 2292226 197120 600000 100000 3359152 2589346 X 13637620 15133817 13637620 15133817 16996772 17723163 1496197 0 X X 0 1 X 1 1 1 X 4199919 3891138 12247642 2149770 2312152 24800621 4199919 3891138 12247642 2149770 2312152 24800621 1175602 23625019 1018 3990 96566 174085 156788 432447 4688 766 5924 203018 214396 25447464 82331028 0.92840 0.90620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 4,688. 2022 AMOUNT: $ 766. 2023 AMOUNT: $ 5,924. 2024 AMOUNT: $ 203,018. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3538679 2295111 1243568 2306924 1242891 1064033 768351 349420 418931 2726532 DUE FROM AFFILIATE CHARTER SCHOOLS 6008503 OTHER CURRENT ASSETS 90147 6098650 X 19639969 37500 37500 19602469 0 19602469 18143772 37500 37500 18106272 0 18106272 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, 2022. 0 ASCEND LEARNING INC 205 ROCKAWAY PARKWAY 6TH FLOOR BROOKLYN NY 11212 331200239 501C3 1448362 0 ASCEND PROVIDES CHARTER SCHOOLS WITH EDUCATION, MANAGEMENT, AND FACILITY DEVELOPMENT SERVICES. 1 SCHEDULE I, PART I, LINE 2 ASCEND LEARNING, INC RELIES ON THE AUDITED FS FOR ASCEND CHARTER SCHOOL ALSO WE REPORT THE CAPEX AND THE RENOVATIONS ON MONTHLY BASIS TO ASCEND LEARNING BOARD. X X 1 0 0 0 0 0 0 1 0 RECY DUNN CHIEF EXECUTIVE OFFICER - THRU 5/202 334538 0 0 0 111 0 8799 0 554 0 344002 0 0 0 MARYANN LI PRESIDENT 296875 0 0 0 54 0 7221 0 373 0 304523 0 0 0 KATHERINE MCGRATH GENERAL COUNSEL 214512 0 15000 0 56 0 4991 0 50424 0 284983 0 0 0 DANIQUE DAY CHIEF OF SCHOOLS 243528 0 0 0 258 0 0 0 24612 0 268398 0 0 0 ANASTASIA MICHALS SENIOR MANAGING DIRECTOR OF SCHOOLS 200409 0 0 0 60 0 9721 0 14060 0 224250 0 0 0 DANA EVANS-MULLER MANAGING DIR. OF SAFETY & FACILITIES 171086 0 6510 0 101 0 3556 0 24136 0 205389 0 0 0 DARIELLE PETRUCCI MANAGING DIRECTOR OF SCHOOLS 178669 0 4000 0 54 0 3619 0 10715 0 197057 0 0 0 ZONYA HICKS MANAGING DIR. OF PEOPLE OPERATIONS 186407 0 0 0 155 0 3720 0 2699 0 192981 0 0 0 AGAJA REDDY MANAGING DIR. OF MARKETING 172287 0 0 0 60 0 1021 0 283 0 173651 0 0 0 GERARD ADORE FORMER CHIEF FINANCIAL OFFICER 0 0 0 0 141127 0 0 0 0 0 141127 0 0 0 PART I, LINE 4A GERARD ADORE RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $141,127 AS REPORTED IN PART II, B(III) PART I, LINE 7 INDIVIDUALS RECEIVED BOARD-APPROVED PERFORMANCE-BASED 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 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.