Ascend Inc

EIN: 510527847

New York, NY

Total Revenue
$6,975,953
Total Expenses
$5,577,795
Total Assets
$9,026,063
Net Assets
$8,281,754
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
Jeff Chin
Tax Period
2023-10-01 to 2024-09-30

Ascend Inc, founded in 2004, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 20% operating margin.

Mission

Founded in 2005, Ascend is the first and largest global network advancing Asian and Pacific Islander (API) professionals the workplace. Ascends 60+ chapters partner with global organizations to cultivate and empower API talent as they rise to their full potential.

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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 (2023)

Revenue Breakdown

Contributions & Grants $855,553
Program Service Revenue $6,042,900
Investment Income $77,500
Other Revenue $0
TOTAL REVENUE $6,975,953

Expense Breakdown

Grants Paid $3,286
Salaries & Benefits $2,142,449
Fundraising Expenses $223,177
Program Expenses $4,766,216
Other Expenses $3,432,060
TOTAL EXPENSES $5,577,795

Year-over-Year Comparison

2023 2022 Change
Revenue $6,975,953 $6,507,282 +0.1%
Expenses $5,577,795 $4,183,213 +0.3%
Net Income $1,398,158 $2,324,069 -0.4%
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
11
Independent Members
11
Employees
22
Volunteers
317

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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tifanny Papish National Director 0.00
Highest
$140,125 $38,864 $178,989
Katherine Lee National Dir Business Devel 0.00
Highest
$136,971 $15,075 $152,046
Allison Graham Head of Marketing 0.00
Highest
$137,692 $13,531 $151,223
Annalie Fritz Head of HR 0.00
Highest
$129,808 $21,149 $150,957
Robina Singh National Dir Programs Mark 0.00
Highest
$134,736 $13,221 $147,957
Rupa Sethu Director Chapters 0.00
Highest
$126,084 $21,749 $147,833
Michael Ku Board Member 0.00
Director
$0 $0 $0
Richard Hwang Board Member 0.00
Director
$0 $0 $0
Alexander Peh Board Member 0.00
Director
$0 $0 $0
Michelle Tang Board Member 0.00
Director
$0 $0 $0
Vartika Prasad Board Member 0.00
Director
$0 $0 $0
Anna Mok President 0.00
Officer Director
$0 $0 $0
Jeff Chin Treasurer 0.00
Officer Director
$0 $0 $0
Jenny Wei Executive Vice President 0.00
Officer Director
$0 $0 $0
Hussain T Hasan Vice President External Affa 0.00
Officer Director
$0 $0 $0
Tariq Khan Secretary 0.00
Officer 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
2024 $7,404,448 $5,577,795 $9,026,063 $1,826,653
2024 $6,975,953 $5,577,795 $9,026,063 $1,398,158
2023 $6,507,282 $4,753,454 $7,818,217 $1,753,828
2022 $4,264,274 $3,645,982 $6,260,721 $618,292
2021 $3,173,147 $1,839,374 $5,589,868 $1,333,773
2020 $2,224,523 $2,135,068 $4,041,236 $89,455
2019 $3,412,370 $3,297,683 $4,031,851 $114,687
2018 $3,605,489 $3,300,751 $4,025,647 $304,738
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