ASCENSION FOUNDATION INC

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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

2013

Legal Domicile

Principal Officer

DANIEL A PATTERSON

Tax Period

2019-01-01 to 2019-12-31

ASCENSION FOUNDATION INC, founded in 2013, is a small nonprofit in the International Affairs sector that reported $302K in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION CONSISTS OF FUNDING AND OVERSEEING OF THE CONSTRUCTION OF CHURCHES, COMPUTER LABS, WOMEN'S HEALTH CLINIC, CANCER CENTER, AND A VOCATION CENTER TO HELP TEACH SEWING, AND HELP BUILD WELLS FOR CLEAN DRINKING WATER IN GHANA, AFRICA, IN THE ACCRA LA DISTRICT.

Program Service Accomplishments

Program 1

Expenses: $296,665

OUR EXEMPT PURPOSE ACCOMPLISHMENT WAS TO DEVELOPE A COMPUTER LAB AT THE LOCAL CHURCH IN GHANA, AFRICA, IN THE ACCRA LA DISTRICT FOR THE NEIGHBORHOOD PEOPLE TO USE. WE ALSO PURCHASED AUTOMOBILES FOR THE CHURCH TO USE TO ASSIST INDIVIDUALS AND PROMOTE THE HEALTH, WELLBEING AND EDUCATION OF THE PEOPLE IN GHANA.

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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 (2019)

Revenue Breakdown

Contributions & Grants $302,261

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $302,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,665

Other Expenses $299,454

TOTAL EXPENSES $299,454

Year-over-Year Comparison

	2019	2018	Change
Revenue	$302,261	$431,863	-0.3%
Expenses	$299,454	$338,477	-0.1%
Net Income	$2,807	$93,386	-1.0%

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
HANNAH PATTERSON	DIRECTOR	6.00	Director	$0	$0	$0
MARY PATTERSON	DIRECTOR	6.00	Director	$0	$0	$0
DANIEL A PATTERSON	PRESIDENT	6.00	Officer	$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
2019	$302,261	$299,454	$10,169	$2,807
2018	$431,863	$338,477	$7,362	$93,386