ASCENT FUNDING ORGANIZATION: Form 990EZ, tax year 2020
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- Organization
- ASCENT FUNDING ORGANIZATION (EIN 13-4010455)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-10-26
- IRS object ID
- 202112999349201506
- Schema version
- 2020v4.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-26T15:00:15-07:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 812869050 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENJAMIN & COMPANY CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 ABBEY LANE | AddressLine1Txt |
| City | PLAINVIEW | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134010455 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASCENT FUNDING ORGANIZATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ASCE | BusinessNameControlTxt |
| Phone | 6312546100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 819 GRAND BLVD | AddressLine1Txt |
| City | DEER PARK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11729 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA POWER | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2021-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LAURA | PersonFirstNm |
| Person Last | POWER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stewart H Benjamin | PreparerPersonNm |
| PTIN | P00844214 | PTIN |
| Phone | 5169339781 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | ASCENTFUNDING.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $122,117 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $13,681 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $47 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $103,444 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $40,161 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $63,283 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $4,945 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $3,089 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $1,856 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $78,867 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $77,800 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $3,050 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $4,237 | OtherExpensesTotalAmt |
| Total Expenses | $85,087 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$6,220 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $17,255 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,035 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,484 | BOYAmt |
| EOY | $66,209 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,916 | BOYAmt |
| EOY | $4,916 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,400 | BOYAmt |
| EOY | $71,125 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,145 | BOYAmt |
| EOY | $60,090 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,255 | BOYAmt |
| EOY | $11,035 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | TO FUND EDUCATION PROGRAMS FOR AUTISTIC CHILDREN THROUGH THE ASCENT SCHOOL. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | THE ASCENT SCHOOL IS A NON PROFIT EDUCATIONAL INSTITUTION FOR CHILDREN WITH AUTISM. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $77,800 | GrantsAndAllocationsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $77,800 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| LAURA POWER | ||
| Treasurer | 1.00 | $0 |
| JENNIFER SPITZER | ||
| Secretary | 1.00 | $0 |
| JOSEPH CRISTIANO | ||
| Vice President | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ASCENT FUNDING ORGANIZATION | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 819 GRAND BLVD | AddressLine1Txt |
| City | DEER PARK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11729 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6312546100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,710 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,587 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,615 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,681 | CurrentTaxYearAmt |
| Total | $158,934 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $4,945 | CurrentTaxYearAmt |
| Total | $4,945 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,710 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,587 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,615 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,626 | CurrentTaxYearAmt |
| Total | $163,879 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $163,879 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $47 | CurrentTaxYearAmt |
| Total | $47 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $47 | CurrentTaxYearAmt |
| Total | $47 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,710 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,587 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,615 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,673 | CurrentTaxYearAmt |
| Total | $163,926 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99970 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00030 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $91,827 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $91,827 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $40,161 | RentFacilityCostsEvent1Amt |
| Event2 | HAMLET TURKEY SHOOT | Event2Nm |
| Gross Receipts Event2 | $6,325 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $6,325 | GrossRevenueEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $5,292 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $5,292 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $103,444 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $103,444 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $40,161 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $40,161 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $63,283 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Grants and Similar Amounts Paid In Excess of $5,000.1 | | Donee's Name: ASCENT SCHOOL | Donee's Address: 819 GRAND BOULEVARD DEER PARK, NY 11729 | Relationship of Donee: FUNDING ORG FOR SCHOOL | Cash Amount Given: $77800 |
| Other Expenses.1002 | Office Expenses $40 |
| Other Expenses.1012 | Insurance $622 |
| Other Expenses.1 | STAFF GIFTS $3447 |
| Other Expenses.2 | BANK AND CREDIT CARD CHARGES $128 |
| Other Assets.1011 | Prepaid Expenses and Deferred Charges - Beginning $4916 Prepaid Expenses and Deferred Charges - Ending $4916 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $2250 Accounts Payable and Accrued Expenses - Ending $0 |
| Total Liabilities.1003 | Deferred Revenue - Beginning $59895 Deferred Revenue - Ending $60090 |