Belle Glade, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASCENSION 33 INC, founded in 2017, is a small nonprofit in the Education sector that reported $209K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 24% operating margin.
Ascension 33, Inc. (Ascension) is a non-profit dance studio located in Belle Glade, FL, a small rural area within the Glades area which comprise of the surrounding cities (South Bay, Belle Glade & Pahokee) offering underserved youth professional dance and fitness instruction in Ballet, Aerobic Fitness, Hip-Hop, Contemporary, and Creative Movement. Ascension 33, Inc. brings awareness to youth and their families on the importance of being physically active, choosing a healthier lifestyle, better eating habits, mentoring, and teaching our students life skills to help them become productive citizens in our communities. Ascension 33, Inc. believes dance and fitness is a coping mechanism for the youth in our community to address health-related issues such as, obesity, anxiety, depression and low self-esteem. Our mission states: where movement comes alive, our well-being elevates to a higher level. Our vision is to move us all by building healthier communities through dance and fitness.
The organization received funding from both grants and program fees. Grant funding was provided by Prime Time, Inc., the Children Services Council of Palm Beach County, the Community Foundation of...
The organization received funding from both grants and program fees. Grant funding was provided by Prime Time, Inc., the Children Services Council of Palm Beach County, the Community Foundation of Palm Beach County, and the Youth Services Department of Palm Beach County. Additionally, program fees were collected from participants in the form of tuition fees for the services rendered.
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 | $208,942 | $148,886 | +0.4% |
| Expenses | $158,757 | $106,090 | +0.5% |
| Net Income | $50,185 | $42,796 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Shamika Lewia | Officer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Shanique Scott | Director | 40.00 |
Key Emp
|
$53,480 | $0 | $53,480 |
| Hazel Lucas | Officer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Jonique Simmons | Officer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $208,942 | $158,757 | $74,743 | $50,185 |
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