ASCEND FINANCIAL

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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

2023

Legal Domicile

Principal Officer

JACKIE MAYO

Phone

8659634777

Tax Period

2025-01-01 to 2025-12-31

ASCEND FINANCIAL, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $100K in total revenue in fiscal year 2025. Expenses of $93K left a modest 7% surplus.

Mission

PROVIDING ACCESS TO ALTERNATIVE FINANCING FOR INDIVIDUALS IN UNDER-RESOURCED COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $79,260

PROVIDING ACCESS TO ALTERNATIVE FINANCING FOR INDIVIDUALS IN UNDER-RESOURCED COMMUNITIES.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,260

Other Expenses $93,246

TOTAL EXPENSES $93,246

Year-over-Year Comparison

	2025	2024	Change
Revenue	$100,000	N/A	N/A
Expenses	$93,246	N/A	N/A
Net Income	$6,754	N/A	N/A

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$123,780

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRINA J GALLMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
AVIS B ANDREWS-GARY	VICE CHAIR	0.50	Officer Director	$0	$0	$0
MICHAEL J MCNAIR	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSHALYN HUNDLEY	CHAIR	0.50	Officer Director	$0	$0	$0
PAIGE TRAVIS	BOARD MEMBER	0.50	Director	$0	$0	$0
BRAD RICHMOND	BOARD MEMBER	0.50	Director	$0	$0	$0
HANCEN SALE	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
JUNISHA GARRETT	BOARD MEMBER	0.50	Director	$0	$0	$0
KEELY RITCHIE	BOARD MEMBER	0.50	Director	$0	$0	$0
KIMBERLY R HILL	BOARD MEMBER	0.50	Director	$0	$0	$0
HERC LIGDIS	BOARD MEMBER	0.50	Director	$0	$0	$0
JACKIE MAYO	PRESIDENT & CEO	40.00	Officer	$0	$11,856	$123,780

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	$100,000	$93,246	$71,331	$6,754