Bloomfield Hills, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CLARENCE E PHILLIPS ASCEND ORGANIZATION INC, founded in 2013, is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 12% operating deficit.
The Foundation provides youth outreach initiatives 82-4681150 0 28,857 40,31253,705 The Ascend Foundation 00 to help promote the power of community through various programs and community service impact
AMAZON CHRISTMAS IN NOVEMBER Community give away.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,289,944 | $2,944,755 | -0.2% |
| Expenses | $2,574,560 | $2,508,427 | +0.0% |
| Net Income | $-284,616 | $436,328 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | CEO/President | 060.00 |
Officer
Director
Key Emp
Highest
|
$73,866 | $0 | $88,966 |
| Lorene Phillips | Treasurer | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Hopkins | Board Trustee | 005.00 |
Director
|
$0 | $0 | $0 |
| Sangeya Wiggins | Board Chair | 005.00 |
Director
|
$0 | $0 | $0 |
| Eddie Dewalt | Board Member | 005.00 |
Director
|
$0 | $0 | $0 |
| N/A | 1st Vice President | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Melanie Woods | Board Trustee | 005.00 |
Director
|
$0 | $0 | $0 |
| Dr Anica Bowe | Board Trustee | 005.00 |
Director
|
$0 | $0 | $0 |
| Anissa Hillman | Secretary | 005.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,289,944 | $2,574,560 | $389,350 | $-284,616 |
| 2023 | $2,944,755 | $2,508,427 | $673,967 | $436,328 |
| 2022 | $2,383,934 | $2,270,618 | $236,548 | $113,316 |
| 2021 | $1,658,340 | $916,280 | $123,232 | $742,060 |
| 2020 | $914,292 | $860,587 | $53,705 | $53,705 |
| 2019 | $274,721 | $234,409 | $40,312 | $40,312 |
Compare CLARENCE E PHILLIPS ASCEND ORGANIZATION INC with other nonprofits in Michigan and across the country.