2019-05-21T16:06:14-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 331200239 ASCEND LEARNING INC ASCE 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 STEVEN WILSON SECRETARY & CEO 3474647600 2019-05-21 1 GARRETT M HIGGINS P00543209 2122862600 2019-05-20 4.15.211.182 2019-05-21 11:50:35 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B29914CEB47F2C50F9800CDE5B5AE22990D509AB 2017 2019-02-21 02:37:17Z STEVEN WILSON 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 11124062 0 X WWW.ASCENDLEARNING.ORG X 2007 NY ASCEND PROVIDES CHARTER SCHOOLS WITH EDUCATION, MANAGEMENT, AND FACILITY DEVELOPMENT SERVICES. 6 5 154 5 0 17770 867559 966190 8527882 10157732 18 106 250 34 9395709 11124062 100000 50000 0 0 7217887 8462659 0 0 353156 2195524 2993702 9513411 11506361 -117702 -382299 4780200 5332131 3564247 4498477 1215953 833654 X THE MISSION OF ASCEND LEARNING, INC. IS TO DEVELOP A SCALABLE SOLUTION TO THE UNDERACHIEVEMENT OF ECONOMICALLY DISADVANTAGED CHILDREN, A SYSTEM OF URBAN COLLEGE PREPARATORY CHARTER SCHOOLS THAT, OPERATING WITH WIDELY AVAILABLE RESOURCES, (CONTINUED ON SCHEDULE O) POST ACHIEVEMENT LEVELS EQUAL OR SUPERIOR TO SUBURBAN SCHOOLS EDUCATING STUDENTS FROM MIDDLE-CLASS FAMILIES. 0 0 8895072 50000 10157732 CHARTER SCHOOL MANAGEMENT AND FACILITY DEVELOPMENT SERVICES IN NEW YORK CITY. 8895072 1 1 0 0 0 0 0 0 0 0 1 0 1 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 55 0 154 1 1 1 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ANDREW EPSTEIN 3474647600 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 MARTY LINSKY BOARD PRESIDENT & CHAIR 2.00 X X 0 0 0 MATTHEW CLARK TREASURER 2.00 X X 0 0 0 STEVEN WILSON SECRETARY & CHIEF EXECUTIVE OFFICER 60.00 X X 349242 0 18315 JONATHAN ROSENBERG DIRECTOR 2.00 X 0 0 0 MARGARET ANADU DIRECTOR 2.00 X 0 0 0 JULIA BATOR DIRECTOR 2.00 X 0 0 0 SUSAN POLLOCK PRESIDENT 60.00 X 242059 0 34123 ANDREW EPSTEIN CHIEF FINANCIAL OFFICER 60.00 X 217321 0 9513 BRANDON SORLIE CHIEF SCHOOLS OFFICER 60.00 X 185648 0 15573 EMEKA IBEKWEH MANAGING DIRECTOR OF TECHNOLOGY 60.00 X 233128 0 12826 ELIZABETH GOLDFARB MANAGING DIRECTOR OF SCHOOL 60.00 X 179979 0 23149 CHARLISE MANUEL DIRECTOR OF FINANCE 60.00 X 173384 0 20279 DELLIANNA BURROWS MANAGING DIRECTOR OF SCHOOLS 60.00 X 166045 0 17020 JENNIFER THOMAS DIRECTOR OF STUDENT SERVICES 60.00 X 156085 0 18878 1902891 0 169676 19 0 1 0 MARTIN HOPP ARCHITECT PLLC 250 WEST 24TH STREET GBE NEW YORK NY 10011 DEVELOPMENT CONSULTANT 494401 EXECUTIVE EXCELLENCE LLC 250 HENLEY PLACE 410 WEEKHAWKEN NJ 07086 RECRUITING SERVICES 166000 JANNA GENZLINGER 9747 SHORE ROAD APT F2 BROOKLYN NY 11209 EXECUTIVE/ACADEMIC CONSULTANT 142288 SEYFARTH SHAW LLP 3807 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 LEGAL SERVICES 132898 KASIRER CONSULTING LLC 321 BROADWAY SUITE 201 NEW YORK NY 10007 GOVERNMENT RELATIONS CONSULTING 112500 5 519552 446638 966190 MANAGEMENT FEES 541610 10157732 10157732 10157732 106 106 MISCELLANEOUS REVENUE 900099 34 34 34 11124062 10157732 0 140 X 50000 50000 1168215 1028029 93457 46729 6106972 5374138 488556 244278 96400 84832 7712 3856 564322 496642 45183 22497 526750 463540 42140 21070 10380 10380 51906 51906 28000 28000 1751273 370545 1380728 175207 157686 17521 111674 100153 10751 770 58230 52497 4420 1313 155000 139500 15500 189577 166743 15222 7612 30754 27063 2461 1230 69875 61491 5589 2795 25141 22124 2011 1006 STAFF DEVELOPMENT 221792 199634 22158 DUES & SUBSCRIPTIONS 68330 61497 6833 CLASSROOM SUPPLIES 30549 27544 3005 MISCELLANEOUS 10087 9044 1043 5927 2370 3557 11506361 8895072 2258133 353156 832254 52375 1155 1134189 759547 1375900 19549 2590 91746 111086 372571 294541 73074 78030 400000 400000 28909 0 2573966 2177961 4780200 5332131 614247 1148477 2950000 3350000 3564247 4498477 X 1111453 733654 104500 100000 1215953 833654 4780200 5332131 -382299 0 X X 0 1 X 1 0 X 300000 789353 944631 867559 966190 3867733 300000 789353 944631 867559 966190 3867733 628264 3239469 369 236 32 18 106 761 257 250 34 541 3869035 33468380 0.83730 0.88860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 257. 2016 AMOUNT: $ 250. 2017 AMOUNT: $ 34. 50544 45182 5362 36549 25109 11440 285478 224250 61228 78030 CHARTER SCHOOL LOAN RECEIVABLE 400000 C 400000 DUE FROM AFFILIATE CHARTER SCHOOLS 2177961 2177961 X 11074062 0 11074062 50000 50000 11124062 11456361 0 11456361 50000 50000 11506361 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, 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT RECEIVED AT ASCEND LEARNING THAT PASSED THRU TO ASCEND CHARTER SCHOOLS 50,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT RECEIVED AT ASCEND LEARNING THAT PASSED THRU TO ASCEND CHARTER SCHOOLS 50,000. 1 ASCEND CHARTER SCHOOLS INC 205 ROCKAWAY PKWY BROOKLYN NY 11212 453957158 501(C)(3) 50000 HIGH SCHOOL - COLLEGE ACCESS AND PERSISTENCE PROGRAM 1 0 PART I, LINE 2: THE ORGANIZATION REVIEWS APPROVED EXPENSES FOR GRANT APPLICATIONS AND MONITORS EXPENSES THROUGH ITS PROCUREMENT PROCESS. X X X X 0 0 0 0 0 0 0 1 0 STEVEN WILSON SECRETARY & CHIEF EXECUTIVE OFFICER 272292 0 58692 0 18258 0 7386 0 10929 0 367557 0 0 0 SUSAN POLLOCK PRESIDENT 241663 0 0 0 396 0 6250 0 27873 0 276182 0 0 0 ANDREW EPSTEIN CHIEF FINANCIAL OFFICER 180185 0 0 0 37136 0 6176 0 3337 0 226834 0 0 0 BRANDON SORLIE CHIEF SCHOOLS OFFICER 185594 0 0 0 54 0 6901 0 8672 0 201221 0 0 0 EMEKA IBEKWEH MANAGING DIRECTOR OF TECHNOLOGY 204330 0 0 0 28798 0 5663 0 7163 0 245954 0 0 0 ELIZABETH GOLDFARB MANAGING DIRECTOR OF SCHOOL 170517 0 0 0 9462 0 3646 0 19503 0 203128 0 0 0 CHARLISE MANUEL DIRECTOR OF FINANCE 149406 0 0 0 23978 0 4679 0 15600 0 193663 0 0 0 DELLIANNA BURROWS MANAGING DIRECTOR OF SCHOOLS 154408 0 0 0 11637 0 4617 0 12403 0 183065 0 0 0 JENNIFER THOMAS DIRECTOR OF STUDENT SERVICES 147377 0 0 0 8708 0 5624 0 13254 0 174963 0 0 0 PART I, LINE 7 STEVEN WILSON, CHIEF EXECUTIVE OFFICER, RECEIVED A BOARD APPROVED BONUS IN THE AMOUNT $58,692. THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COLUMN B(II) AS TAXABLE AND IS INCLUDED IN BOX 5 OF HIS 2017 FORM W-2. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD THE FORM 990 TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, KEY EMPLOYEES, BOARD MEMBERS, AND ALL OTHER EMPLOYEES. OFFICERS, KEY EMPLOYEES, BOARD MEMBERS AND ALL OTHER EMPLOYEES ARE EXPECTED TO DELCARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. AFTER DISCLOSURE OF A CONFLICT, THE INDIVIDUAL IN QUESTION MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. SUCH MATTERS INVOLVING THE EXISTENCE OF CONFLICTS OF INTEREST ARE TO BE DOCUMENTS IN THE MINUTES OF THE GOVERNING BOARD. IN ADDITION, THE BOARD OF TRUSTEES SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 FOR OFFICERS, KEY EMPLOYEES, BOARD MEMBERS, AND ALL OTHER EMPLOYEES, AN ANNUAL MEETING IS HELD TO REVIEW PERFORMANCE, SCOPE OF WORK (I.E. SIZE OF SCHOOL), SALARY COMPARABLES FROM NYC PUBLIC SCHOOLS, AND NATIONAL CHARTER SCHOOLS AND DETERMINE COMPENSATION FOR THE FOLLOWING YEAR. THIS HAPPENS ANNUALLY AND IS DOCUMENTED IN THE BOARD MINUTES. THE LAST TIME THIS OCCURRED WAS IN 2017. 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 307,572. MANAGEMENT AND GENERAL EXPENSES 429,384. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 736,956. CONSULTANTS - EDUCATION: PROGRAM SERVICE EXPENSES 43,445. MANAGEMENT AND GENERAL EXPENSES 4,827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,272. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 19,527. MANAGEMENT AND GENERAL EXPENSES 2,170. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,697. DEVELOPMENT CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,435. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,435. EXECUTIVE CONSULTANTS: PROGRAM SERVICE EXPENSES 1. MANAGEMENT AND GENERAL EXPENSES 675,234. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 675,235. CURRICULUM & FACILITIES CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 243,603. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,603. ADMIN/TEMP STAFFING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,075. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,075. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE.