Ascend Performing Arts Inc
EIN: 846037716 · Aurora, CO · NTEE: A6C0
Is Ascend Performing Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ascend Performing Arts Inc
Ascend Performing Arts Inc (EIN: 846037716) is a nonprofit organization based in Aurora, CO, classified under NTEE code A6C0. The organization reported total revenue of $3.6M and total assets of $491K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ascend Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ascend Performing Arts Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ascend Performing Arts Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Ascend Performing Arts Inc
Is Ascend Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ascend Performing Arts Inc (EIN: 846037716) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ascend Performing Arts Inc spend its money?
Detailed spending breakdown data is not yet available for Ascend Performing Arts Inc. Check back for updated IRS 990 analysis.
Are donations to Ascend Performing Arts Inc tax-deductible?
Ascend Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 846037716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ascend Performing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ascend Performing Arts Inc's revenue has grown by 219.2%, moving from $764K to $2.4M. Total assets increased by 189.5% over the same period, from $269K to $778K. Total functional expenses rose by 280.2%, from $816K to $3.1M. In its most recent filing year (2023), Ascend Performing Arts Inc reported a deficit of $665K, with expenses exceeding revenue. The organization holds $450K in liabilities against $778K in assets (debt-to-asset ratio: 57.8%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $3.1M | $778K | $450K | — | — |
| 2022 | $3.2M | $2.7M | $1.4M | $455K | — | View 990 |
| 2021 | $2.0M | $1.5M | $644K | $300K | — | View 990 |
| 2020 | $871K | $906K | $529K | $704K | — | View 990 |
| 2019 | $2.1M | $2.1M | $346K | $470K | — | View 990 |
| 2018 | $1.8M | $2.0M | $328K | $398K | — | View 990 |
| 2017 | $1.9M | $1.7M | $348K | $318K | — | View 990 |
| 2016 | $1.6M | $1.7M | $137K | $248K | — | View 990 |
| 2015 | $1.3M | $1.4M | $138K | $228K | — | View 990 |
| 2014 | $1.3M | $1.3M | $261K | $253K | — | View 990 |
| 2013 | $1.1M | $1.1M | $164K | $178K | — | View 990 |
| 2012 | $1.1M | $1.1M | $238K | $279K | — | View 990 |
| 2011 | $764K | $816K | $269K | $313K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $3.1M, and assets of $778K (revenue -24.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.7M, and assets of $1.4M (revenue +64.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.5M, and assets of $644K (revenue +126.8% year-over-year).
- 2020: Revenue of $871K, expenses of $906K, and assets of $529K (revenue -57.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $346K (revenue +11.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.0M, and assets of $328K (revenue -0.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $348K (revenue +13.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $137K (revenue +23.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $138K (revenue +3.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $261K (revenue +12.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $164K (revenue +3.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $238K (revenue +45.8% year-over-year).
- 2011: Revenue of $764K, expenses of $816K, and assets of $269K.
Data Sources and Methodology
This transparency report for Ascend Performing Arts Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.