Ascend Nonprofit Solutions

EIN: 562215129 501(c)(3) Human Services

Charlotte, NC

Total Revenue
$6,618,929
Total Expenses
$6,404,717
Total Assets
$15,424,327
Net Assets
$12,513,638
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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
2000
Legal Domicile
NC
Principal Officer
STEPHEN WATSON
Phone
7049439631
Tax Period
2024-07-01 to 2025-06-30

Ascend Nonprofit Solutions, founded in 2000, is a community nonprofit in the Human Services sector that reported $6.6M in total revenue in fiscal year 2024. Expenses of $6.4M left a modest 3% surplus.

Mission

Ascend Nonprofit Solutions is a Type I Supporting Organization under IRS Code Section 509(a)(3), established to strengthen the nonprofit sector by providing essential infrastructure and operational support. Our mission is to lift nonprofits to greater heights by enabling them to focus more fully on their core missions.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,051,784
Program Service Revenue $5,400,531
Investment Income $108,510
Other Revenue $58,104
TOTAL REVENUE $6,618,929

Expense Breakdown

Grants Paid $104,000
Salaries & Benefits $4,174,317
Fundraising Expenses $146,669
Program Expenses $6,180,049
Other Expenses $2,126,400
TOTAL EXPENSES $6,404,717

Year-over-Year Comparison

2024 2023 Change
Revenue $6,618,929 $6,616,809 +0.0%
Expenses $6,404,717 $6,171,971 +0.0%
Net Income $214,212 $444,838 -0.5%
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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Governance

Voting Members
17
Independent Members
17
Employees
46
Volunteers
20

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
10
$1,113,939
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES TAYLOR President & CEO 45.00
Officer
$191,927 $42,883 $234,810
JIM BALES CFO 45.00
Officer
$152,276 $26,264 $178,540
CLARK MACIAG CIO 45.00
Officer
$136,743 $18,764 $155,507
SHARON DAVIS CHR OFFICER 45.00
Officer
$119,887 $29,729 $149,616
Samuel Stroup VP OF FINANCE 45.00
Officer
$113,827 $31,335 $145,162
Elizabeth Holmgren VP OF FINANCE 45.00
Officer
$115,518 $12,223 $127,741
KELLY MUSANTE CHIEF ENGAGEMEN 45.00
Officer
$116,861 $5,702 $122,563
EMILY CALDWELL BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT KELLY CHAIRMAN 2.00
Officer Director
$0 $0 $0
Hunter Fleshood BOARD MEMBER 2.00
Director
$0 $0 $0
Venton Bell Jr BOARD MEMBER 2.00
Director
$0 $0 $0
Matt Donato BOARD MEMBER 2.00
Director
$0 $0 $0
Julia Hejazi BOARD MEMBER 2.00
Director
$0 $0 $0
Michele Juliana BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH McKEE BOARD MEMBER 2.00
Director
$0 $0 $0
Diamond Staton-Williams BOARD MEMBER 2.00
Director
$0 $0 $0
LILLIAM NUNEZ-RODRIGUEZ BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE JONES BOARD MEMBER 2.00
Director
$0 $0 $0
Linda Weisbruch BOARD MEMBER 2.00
Director
$0 $0 $0
LAUREN SPEGAL BOARD MEMBER 2.00
Director
$0 $0 $0
COOKIE WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
DONALD TATE BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER HOLLAND THOMPSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
STEPHEN WATSON SECRETARY/TREAS 2.00
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
2025 $6,618,929 $6,404,717 $15,424,327 $214,212
2024 $6,616,809 $6,171,971 $15,454,486 $444,838
2023 $5,519,878 $5,209,238 $15,063,330 $310,640
2022 $4,970,335 $4,730,981 $12,371,163 $239,354
2021 $4,832,284 $3,887,181 $12,385,794 $945,103
2020 $3,882,761 $3,248,814 $11,907,505 $633,947
2019 $3,811,495 $3,320,640 $11,174,568 $490,855
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