Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
SHARED SERVICES:Shared Services provides high-quality, cost-effective finance, human resources, and information technology services to nonprofit organizations. These services are designed to increase...
SHARED SERVICES:Shared Services provides high-quality, cost-effective finance, human resources, and information technology services to nonprofit organizations. These services are designed to increase operational efficiency, reduce administrative burden, and enhance organizational stability. By outsourcing these critical functions to Ascend, nonprofits gain access to specialized expertise and scalable solutions that would otherwise be cost-prohibitive. In FY25, Ascend managed $97.4 million in revenue, supported 1,320 employees and 818 network users. As a result, supported organizations saved as estimated $5 million in costs for these services.
THE CENTER:The Center is a multi-tenant nonprofit center that offers below-market rent and shared amenities to mission-driven organizations. This co-location model fosters collaboration, reduces...
THE CENTER:The Center is a multi-tenant nonprofit center that offers below-market rent and shared amenities to mission-driven organizations. This co-location model fosters collaboration, reduces overhead costs, and creates a supportive environment for nonprofits to thrive. Originally launched in 2003, the Center was created to address the instability and high cost of commercial rent in Charlotte. Today, it serves as a hib for collaboration and impact, housing a diverse array of organizations across sectors such as human services, education and the arts. The Center fosters a vibrant community where nonprofits benefit from shared space, reduce overhead, and a supportive environment of peers. Based on current market rates, nonprofit tenants saved an estimated $1.7 million in rent. Together, these programs enable nonprofits to redirect resources toward program delivery, improve service outcomes, and build long-term sustainability.
FISCAL SPONSORSHIPS:PRIOR TO THE AUGUST 2025 APPROVAL TO BE RECLASSIFIED AS A 509A3 SUPPORTING ORGANIZATION, THE CENTER PROVIDED FISCAL SPONSORSHIP SERVICES TO UNINCORPORATED GROUPS WHOSE MISSIONS...
FISCAL SPONSORSHIPS:PRIOR TO THE AUGUST 2025 APPROVAL TO BE RECLASSIFIED AS A 509A3 SUPPORTING ORGANIZATION, THE CENTER PROVIDED FISCAL SPONSORSHIP SERVICES TO UNINCORPORATED GROUPS WHOSE MISSIONS AND CAUSES WERE ALIGNED WITH THE CENTER'S MISSION. BECAUSE OF THIS NEW CLASSIFICATION, THE CENTER IS SUNSETTING ALL FISCAL SPONSORSHIP ACTIVITIES GOING FORWARD.
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 | $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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare Ascend Nonprofit Solutions with other nonprofits in North Carolina and across the country.