AUSTIN, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASCEND MISSION FUND INC, founded in 2019, is a small nonprofit in the Religion sector that reported $285K in total revenue in fiscal year 2022. Revenue surged 2396% from the prior year, signaling strong growth momentum. The organization ran a surplus of $97K, a strong 34% operating margin.
Ascend Mission Fund provides spiritual and humanitarian services in underserved communities and areas of disaster recovery. In 2022 most of the organization's activity was focused on relief efforts in Ukraine as well as education support for communities in Mozambique.
In response to the Russian invasion and ongoing war in Ukraine relief networks were established in Kyiv and Lviv. Volunteers coordinated by unpaid local agents secured resources in the form of...
In response to the Russian invasion and ongoing war in Ukraine relief networks were established in Kyiv and Lviv. Volunteers coordinated by unpaid local agents secured resources in the form of medical support transportation hygiene and nutritional needs. More than eighty 80 funding requests were fulfilled and support centers were set up both in Kyiv and Lviv. Ongoing work continues through the Ukrainian Relief Network.
An afterschool and educational support program called the Ascend Acadmey was established in Mozambique with initial plans set up for implementation in 2023.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $284,542 | $11,401 | +24.0% |
| Expenses | $187,955 | $21,199 | +7.9% |
| Net Income | $96,587 | $-9,798 | -10.9% |
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 |
|---|---|---|---|---|---|---|
| Christian Ray Flores | President | 20.00 |
Officer
Director
|
$20,615 | $0 | $20,615 |
| Brandon Knicely | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas W Briscoe | CFO | 5.00 |
Officer
Director
|
$1,800 | $0 | $1,800 |
| Robert Gauntt | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marcus Omalaja | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $284,542 | $187,955 | $99,857 | $96,587 |
Compare ASCEND MISSION FUND INC with other nonprofits in Texas and across the country.