Bloomfield Hills, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
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
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
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
Sign in to view all financial metrics
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.