ASCENSION CRADLE TO CAREER FOUNDATION L

EIN: 883631102 501(c)(3)

DONALDSONVILLE, LA

Total Revenue
$250,000
Total Expenses
$30,420
Total Assets
$219,716
Net Assets
$219,716
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
LA
Principal Officer
WILLIAM C DAWSON
Phone
2254138411
Tax Period
2024-01-01 to 2024-12-31

ASCENSION CRADLE TO CAREER FOUNDATION L, founded in 2022, is a small nonprofit that reported $250K in total revenue in fiscal year 2024. Revenue surged 1819% from the prior year, signaling strong growth momentum. The organization ran a surplus of $220K, a strong 88% operating margin.

Mission

THE MISSION OF THE ASCENSION CRADLE TO CAREER FOUNDATION, NONPROFIT CORP. IS TO DEVELOP AN ORGANIZATION THAT BRINGS TOGETHER VARIOUS PUBLIC AND PRIVATE ORGANIZATIONS TO SUPPORT EFFORTS TO ELIMINATE DISPARITIES AND ADVANCE EQUITY IN LOW-INCOME COMMUNITIES. THE GOAL IS TO BUILD A NEIGHBORHOOD-LEVEL CRADLE-TO-CAREER SYSTEM TO PROVIDE CHILDREN WITH HEALTH, SOCIAL, AND EDUCATIONAL SUPPORT FROM HEALTH, SOCIAL AND EDUCATION SUPPORT FROM BIRTH THROUGH EARLY CHILDHOOD TO SECONDARY TO POST-SECONDARY TO CAREER. ASCENSION CRADLE TO CAREER FOUNDATION, NONPROFIT CORP. RECOGNIZES THAT EARLY EDUCATION INTERVENTION IS VITAL TO A CHILD'S SUCCESS IN SCHOOL. AS SUCH, THE ASCENSION CRADLE TO CAREER FOUNDATION, NONPROFIT CORP. WILL WORK TO SUPPORT EDUCATION IN ASCENSION PARISH TO EQUIP THE NEXT GENERATION FOR SUCCESS.

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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 $250,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,276
Other Expenses $30,420
TOTAL EXPENSES $30,420

Year-over-Year Comparison

2024 2023 Change
Revenue $250,000 $13,030 +18.2%
Expenses $30,420 $120,054 -0.7%
Net Income $219,580 $-107,024 -3.1%
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
6
Independent Members
6
Employees
N/A
Volunteers
8

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD MEMBER 0.00
$0 $0 $0
N/A BOARD MEMBER 0.00
$0 $0 $0
N/A BOARD MEMBER 1.00
$0 $0 $0
N/A BOARD MEMBER 0.00
$0 $0 $0
TERI CASSO BOARD CHAIRPERSON 0.00
Officer
$0 $0 $0
COLLEEN ARCENEAUX SECRETARY/TREASURER 0.00
Officer
$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 $250,000 $30,420 $219,716 $219,580
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