Ascend Inc

EIN: 232110102 501(c)(3)

Newark, DE

Total Revenue
$234,586
Total Expenses
$200,750
Total Assets
$105,737
Net Assets
$105,737
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
DE
Principal Officer
Gilbert L Kinch
Phone
5093922762
Tax Period
2022-01-01 to 2022-12-31

Ascend Inc is a small nonprofit that reported $235K in total revenue in fiscal year 2022. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $201K left a modest 14% surplus.

Mission

To serve other non-profits in a Godly manner.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $234,586
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $234,586

Expense Breakdown

Grants Paid $57,607
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $186,551
Other Expenses $143,143
TOTAL EXPENSES $200,750

Year-over-Year Comparison

2022 2021 Change
Revenue $234,586 $150,859 +0.6%
Expenses $200,750 $131,421 +0.5%
Net Income $33,836 $19,438 +0.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
15

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gilbert L Kinch CFO 5.00
Officer Director
$0 $0 $0
Samuel Kinch President 10.00
Officer Director
$0 $0 $0
John Cooper Vice President 10.00
Officer Director
$0 $0 $0
Katie Kinch Board Member 5.00
Director
$0 $0 $0
Cris Cooper Board Member 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $234,586 $200,750 $105,737 $33,836
2020 $221,160 $214,899 $52,463 $6,261
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