Ascend Vail Inc

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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

David Adkins

Phone

9703767971

Tax Period

2023-01-01 to 2023-12-31

Ascend Vail Inc, founded in 2023, is a small nonprofit in the Religion sector that reported $190K in total revenue in fiscal year 2023. The organization ran a surplus of $93K, a strong 49% operating margin.

Mission

Evangelism and discipleship. Building Community. Pursuing Faith.

Program Service Accomplishments

Program 1

Expenses: $82,810

Ascend puts men and women or various age, backgrounds and beliefs into small groups of 12-15 to meet weekly for one hour to do life together. Our emphasis is on spiritual growth as groups read...

Ascend puts men and women or various age, backgrounds and beliefs into small groups of 12-15 to meet weekly for one hour to do life together. Our emphasis is on spiritual growth as groups read various books as well as the Bible to deepen their relationship with Jesus. As for achievements: We added three groups so far in 2023 which almost doubled our footprint in the Vail Valley, and we got our 501c3 status (while keeping our entire Board from the previous ministry we were under). All in all we serve about 100 people through 9 groups on a weekly basis.

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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 (2023)

Revenue Breakdown

Contributions & Grants $190,084

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $190,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,869

Program Expenses $82,810

Other Expenses $97,422

TOTAL EXPENSES $97,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,084	N/A	N/A
Expenses	$97,422	N/A	N/A
Net Income	$92,662	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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
David Adkins	Chairman	Officer Director	$0	$0	$0
Allen Kirkley	Treasurer	Officer Director	$0	$0	$0
Anne Barnett	Secretary	Officer Director	$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	No data	No data	No data	No data
2023	$190,084	$97,422	$95,573	$92,662