ASCENSION ENDOWMENT FUND INC (EIN 396067949) - Form 990 Financial Analysis & Trantor Score

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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

Formation Year

1955

Legal Domicile

Principal Officer

MARK THOMSEN

Phone

4146452933

Tax Period

2024-04-01 to 2025-03-31

ASCENSION ENDOWMENT FUND INC, founded in 1955, is a small nonprofit in the Religion sector that reported $126K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $143K exceeded revenue, resulting in a 14% operating deficit.

Mission

SUPPORT OF EVANGELICAL LUTHERAN CHURCH OF THE ASCENSION

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,434

Program Service Revenue $0

Investment Income $124,628

Other Revenue $0

TOTAL REVENUE $126,062

Expense Breakdown

Grants Paid $130,060

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,060

Other Expenses $13,340

TOTAL EXPENSES $143,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,062	$110,065	+0.1%
Expenses	$143,400	$104,855	+0.4%
Net Income	$-17,338	$5,210	-4.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK THOMSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHUCK KUDY	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM ANDREE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KIRSTEN PEZEWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
CHARLIE KUDY	DIRECTOR	1.00	Director	$0	$0	$0
LAURA RUIZ	DIRECTOR	1.00	Director	$0	$0	$0
JOAN SEMRAD HUTCHINSON	DIRECTOR	1.00	Director	$0	$0	$0
JERRY VANG	DIRECTOR	1.00	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
2025	$126,062	$143,400	$2,823,345	$-17,338
2024	$110,065	$104,855	$2,649,718	$5,210
2023	$270,846	$159,079	$2,539,403	$111,767
2022	$135,536	$145,963	$2,856,776	$-10,427
2021	$7,477	$147,068	$2,787,425	$-139,591
2020	$184,654	$233,826	$2,196,207	$-49,172
2019	$199,639	$253,255	$2,660,386	$-53,616
2018	$206,402	$360,711	$2,738,632	$-154,309

ASCENSION ENDOWMENT FUND INC