2023-05-15T20:46:04-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2021-07-01 331200239 ASCEND LEARNING INC ASCE 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 RECY DUNN CHIEF EXECUTIVE OFFICER 3474647600 2023-05-15 1 RECY DUNN XXX-XX-XXXX GARRETT M HIGGINS P00543209 2122862600 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RECY DUNN 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 19940513 0 X WWW.ASCENDLEARNING.ORG X 2008 NY ASCEND PROVIDES CHARTER SCHOOLS WITH EDUCATION, MANAGEMENT, AND FACILITY DEVELOPMENT SERVICES. 6 6 121 6 0 0 4199919 3891138 16041302 16045385 1018 3990 4688 0 20246927 19940513 1250000 0 0 0 9100204 9727614 0 0 424446 5611607 6766415 15961811 16494029 4285116 3446484 10949837 13335348 4663889 3602916 6285948 9732432 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 12800408 0 16045385 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. 12800408 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 0 0 121 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X RECY DUNN 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 CHARLISE MANUEL MANAGING DIRECTOR OF FINANCE 40.00 X 193473 0 31204 RECY DUNN CHIEF EXECUTIVE OFFICER 40.00 X 208182 0 2744 ANJYA THOMAS CHIEF CURRICULUM AND INSTRUCTIONAL OFFICER 40.00 X 187835 0 22524 CATHERINE JESSUP CHIEF FINANCIAL OFFICER 40.00 X 192162 0 17724 JANNA GENZLINGER MANAGING DIRECTOR OF LEADERSHIP DEVELOPMENT 40.00 X 186224 0 15494 AARON OBROCHTA MANAGING DIRECTOR OF TALENT 40.00 X 143604 0 54614 ANASTASIA MICHALS MANAGING DIRECTOR OF SCHOOLS 40.00 X 170525 0 20720 SOPHIE KRAMER CHIEF OF STAFF 40.00 X 148521 0 6081 STEVEN WILSON FORMER CEO 0.00 X 150000 0 0 LISA MARGOSIAN FORMER INTERIM CEO 0.00 X 140675 0 0 MARYANN LI CHIEF OPERATING OFFICER 40.00 X 103428 0 18370 DANIQUE DAY CHIEF SCHOOLS OFFICER 40.00 X 108151 0 10252 JULIA BATOR CHAIR 2.00 X X 0 0 0 KEMI AKINSANYA-ROSE TREASURER 2.00 X X 0 0 0 ISABEL GEATHERS SECRETARY 2.00 X X 0 0 0 BROOKE DANIELS DIRECTOR 2.00 X 0 0 0 PETER MAY DIRECTOR 2.00 X 0 0 0 DANIEL PARRA DIRECTOR 2.00 X 0 0 0 1932780 0 199727 59 1 1 0 LAVINIA GROUP LLC 122 EAST 42ND STREET NEW YORK NY 10168 EDUCATION CONSULTANTS 501650 IDEO LP 320 FLORIDA STREET SAN FRANCISCO CA 94110 CONSULTING SERVICES 360417 SOLOMON-PAGE GROUP LLC 260 MADISON AVENUE NEW YORK NY 10016 STAFFING SERVICES 305705 HERRICK FEINSTEIN LLP 2 PARK AVENUE NEW YORK NY 10016 LEGAL SERVICES 215772 SMITH & ARCHITECTS PLLC 11-22 44TH ROAD STE 200 LONG ISLAND CITY NY 11101 ARCHITECTURAL SERVICES 182930 11 3168594 722544 3891138 MANAGEMENT FEES 541610 16045385 16045385 16045385 3990 3990 19940513 16045385 0 3990 X 1197292 1053617 95783 47892 7183255 6321265 574660 287330 133308 117932 10251 5125 564002 499238 43226 21538 649757 574814 49962 24981 122671 122671 26000 26000 2171999 155338 2014401 2260 490308 441277 49031 357452 281040 75499 913 616905 600063 11228 5614 226500 213000 13500 494451 435117 39556 19778 1490 1311 119 60 43106 37934 3448 1724 132802 116866 10624 5312 47979 42222 3838 1919 REPLICATION/EXPANSION 1053318 1053318 STAFF DEVELOPMENT 548692 493673 55019 CLASSROOM SUPPLIES 332316 280104 52212 MISCELLANEOUS 78236 78236 22190 4043 18147 16494029 12800408 3269175 424446 840579 265353 6928247 5847315 1539026 1577266 0 65190 40279 409121 1529973 856440 193743 673533 1407963 4497570 10949837 13335348 591337 1827916 2675000 1775000 1397552 0 4663889 3602916 X 6285948 9532432 0 200000 6285948 9732432 10949837 13335348 3446484 0 X X 0 1 X 1 1 1 X 966190 3495045 3981042 4199919 3891138 16533334 966190 3495045 3981042 4199919 3891138 16533334 2386997 14146337 106 394 554 1018 3990 6062 34 48 78 4688 4848 16544244 69027687 0.85510 0.85380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 34. 2018 AMOUNT: $ 48. 2019 AMOUNT: $ 78. 2020 AMOUNT: $ 4,688. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249628 230637 18991 52383 3994 48389 1227962 621809 606153 673533 DUE FROM AFFILIATE CHARTER SCHOOLS 4497570 4497570 X 19940513 0 19940513 0 19940513 16494029 0 16494029 0 16494029 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, 2019. X X X X 1 0 0 0 0 0 0 1 0 CHARLISE MANUEL MANAGING DIRECTOR OF FINANCE 189423 0 4000 0 50 0 0 0 31204 0 224677 0 0 0 RECY DUNN CHIEF EXECUTIVE OFFICER 205619 0 2500 0 63 0 0 0 2744 0 210926 0 0 0 ANJYA THOMAS CHIEF CURRICULUM AND INSTRUCTIONAL OFFICER 187776 0 0 0 59 0 0 0 22524 0 210359 0 0 0 CATHERINE JESSUP CHIEF FINANCIAL OFFICER 189113 0 2500 0 549 0 0 0 17724 0 209886 0 0 0 JANNA GENZLINGER MANAGING DIRECTOR OF LEADERSHIP DEVELOPMENT 186126 0 0 0 98 0 0 0 15494 0 201718 0 0 0 AARON OBROCHTA MANAGING DIRECTOR OF TALENT 139525 0 4000 0 79 0 0 0 54614 0 198218 0 0 0 ANASTASIA MICHALS MANAGING DIRECTOR OF SCHOOLS 167469 0 3000 0 56 0 0 0 20720 0 191245 0 0 0 SOPHIE KRAMER CHIEF OF STAFF 145967 0 2500 0 54 0 0 0 6081 0 154602 0 0 0 STEVEN WILSON FORMER CEO 0 0 0 0 150000 0 0 0 0 0 150000 0 0 0 LISA MARGOSIAN FORMER INTERIM CEO 140460 0 0 0 215 0 0 0 0 0 140675 0 0 0 PART I, LINE 4A ANDREW EPSTEIN, FORMER CEO, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $150,000, WHICH IS INCLUDED IN PART II, COLUMN (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 FY2022 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 AT 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)464-7600. FORM 990, PART IX, LINE 11G RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 800,657. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 800,657. CONSULTANTS - EDUCATION: PROGRAM SERVICE EXPENSES 96,161. MANAGEMENT AND GENERAL EXPENSES 10,549. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,710. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,770. FUNDRAISING EXPENSES 2,260. TOTAL EXPENSES 25,030. FINANCIAL CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 65,372. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,372. EXECUTIVE CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 722,506. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 722,506. CURRICULUM & FACILITIES CONSULTANTS: PROGRAM SERVICE EXPENSES 55,169. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,169. ADMIN/TEMP STAFFING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 392,547. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 392,547. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,008. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,008. 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.