From public IRS filings
ASCENDUS INC
NEW YORK, NY · Community Improvement
Mission
ASCENDUS EMPOWERS LOW-TO-MODERATE INCOME BUSINESS OWNERS THROUGH ACCESS TO CAPITAL AND FINANCIAL EDUCATION. WITH ECONOMIC OPPORTUNITY, THESE ENTREPRENEURS, OFTEN MINORITIES AND WOMEN, CAN BUILD ASSETS, BETTER PROVIDE FOR THEIR FAMILIES, CREATE EMPLOYMENT AND STRENGTHEN THEIR COMMUNITIES.
Financials (IRS Form 990)
Total revenue
$10.6M
Total expenses
$13.2M
Total assets
$44.5M
Program expense ratio
7347%
Source: IRS Form 990, tax year 2023.
Who funds ASCENDUS INC
$2.3M in foundation grants on record from 11 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Boston Foundation | $1M | 2 |
| Tides Foundation | $760K | 3 |
| Restaurant Workers' Community Foundation | $375K | 1 |
| Blackbaud Giving Fund | $301K | 3 |
| Great Rivers Community Trust | $247K | 3 |
| Accion Opportunity Fund | $215K | 1 |
| Winston-Salem Foundation | $200K | 1 |
| Community Reinvestment Fund | $98K | 3 |
| Network for Good | $89K | 2 |
| Ndc Housing & Economic Development Corporation - Group Return | $56K | 1 |
Leadership
JOSHUA BRACKETT — CFO (Principal officer)
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