Ascend Stl INC FY2020 filing

Tax-deductible

Saint Louis, MO501(c)(3)HousingEIN 43-1844396Revenue $139K in FY2020

On file with the IRSascendstl.org3520 Page Blvd, 63106-1417 · Saint Louis, MOTax-exempt since Jul 1999Publicly supported charity — 170(b)(1)(A)(vi)

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Low income housing.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $634K a year · 467% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 14.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$25K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$139K
Spent
$703K
To programs
98%
Net assets
$20.3M
By yearFY2020–FY2025
Revenue
$139K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$139K
FY2021$25K
FY2022$151K
FY2023$34K
FY2024$418K
FY2025$47K
Expenses
$703K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$703K
FY2021$603K
FY2022$650K
FY2023$722K
FY2024$1.2M
FY2025$726K
Net assets
$20.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$20.3M
FY2021$19.7M
FY2022$19.2M
FY2023$18.5M
FY2024$17.7M
FY2025$17.1M

From the FY2020 Form 990 (year ending September 2020) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $689K Management & general 2% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Ascend Stl INC is a housing nonprofit based in Saint Louis, MO.

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Provided by the organization

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2 programs · $689K · in their own filed words · FY2019
01

Provide housing and housing assistance to low income families who qualify under section 7 of the U.S. Housing act. Participating in transactions with the ST. Louis housing authority, the corporation is involved in supporting units that will be operated and maintained as qualified low-income units.

$576Kprogram expense
02

The mobility connection program is a free service that works with the housing authorities in ST. Louis city and county to help families with housing choice vouchers move to high opportunity AREAS.WE work with clients to discuss their family's housing and community needs and create a family plan so the family can transition into a new…

$113Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
MdrcFY2023$250K
Total grants receivedfrom 1 funder$250K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$139K
Ln 12
Gifts and grantsLn 1h$91K
Investment incomeLn 3$47K
Other incomeLn 4–11$410
Money outPt IX
$703K
Ln 25
Programscol B$689K
Managementcol C$15K
Owns and owesPt X
$20.3M
net assets · Ln 32
Cash and savingsLn 1–2$857K
Total assetsLn 16$20.3M
LiabilitiesLn 26$25K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$91K
Government grantsLn 1e$90K
Investment incomeLn 3$47K
Other incomeLn 4–11$410
Total revenueLn 12$139K
Assets in detailPt X, end of year
CashLn 1$857K
SavingsLn 2$0
Cash and savings togetherLn 1–2$857K
Land, buildings, equipmentLn 10c$3.1M
Other assetsLn 15$0
Total assetsLn 16$20.3M
LiabilitiesLn 26$25K
Net assetsLn 32$20.3M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$827K$857K
Land, buildings, equipmentLn 10c$3.1M$3.1M
Total assetsLn 16$20.9M$20.3M
LiabilitiesLn 26$8K$25K
Net assetsLn 32$20.9M$20.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$83K$83K
Other employee benefitsLn 9$18K$18K
Payroll taxesLn 10$10K$10K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$262$262
Office expensesLn 13$1K$1K$296
Information technologyLn 14$120$120
OccupancyLn 16$645$645
Depreciation, depletion and amortizationLn 22$576K$576K
InsuranceLn 23$791$88$703
Other expenses (24a–d)Ln 24$2K$93$2K
Total functional expensesLn 25$703K$689K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $47K$726K−$679K$17.1M 990 PDF
FY2024 $418K$1.2M−$793K$17.7M 990 PDF
FY2023 $34K$722K−$688K$18.5M 990 PDF
FY2022 $151K$650K−$499K$19.2M 990 PDF
FY2021 $25K$603K−$578K$19.7M 990 PDF
FY2020 Viewing $139K$703K−$564K$20.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $139,096 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $50,500$91,489
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,980$47,197
I-11 Other revenuePrior year $56,347$410
I-12 Total revenuePrior year $113,827$139,096
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $705,397$110,492
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $32,045$592,969
I-18 Total expensesPrior year $737,442$703,461
I-19 Revenue less expensesPrior year −$623,615−$564,365
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $139,096 across 6 lines filed
VIII-1e Government grants$90,000
VIII-1f All other contributions, gifts and grants$1,489
VIII-1h Total contributions, gifts and grants$91,489
VIII-3 Investment incomeExcluded from tax $47,197$47,197
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $410$410
VIII-12 Total revenueRelated to mission $410 · Unrelated business $0 · Excluded from tax $47,197$139,096
Part IX · Statement of functional expenses $703,461 across 11 lines filed
IX-7 Other salaries and wagesPrograms $82,606$82,606
IX-9 Other employee benefitsPrograms $17,590$17,590
IX-10 Payroll taxesPrograms $10,296$10,296
IX-11c Accounting feesManagement $11,560$11,560
IX-11g Other fees for servicesPrograms $262$262
IX-13 Office expensesPrograms $1,100 · Management $296$1,396
IX-14 Information technologyPrograms $120$120
IX-16 OccupancyPrograms $645$645
IX-22 Depreciation, depletion and amortizationPrograms $575,721$575,721
IX-23 InsurancePrograms $88 · Management $703$791
IX-24 Other expenses (24a–d)Programs $93 · Management $2,381$2,474
IX-25 Total functional expensesPrograms $688,521 · Management $14,940 · Fundraising $0$703,461
Part X · Balance sheet $20,333,792 assets, 12 lines filed
Asset lines not itemized here account for $16,392,476; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $602,763$856,622
X-2 Savings and temporary cash investmentsStart of year $224,177$0
X-9 Prepaid expenses and deferred chargesStart of year $1,129$668
X-10c Land, buildings and equipment, netStart of year $3,084,026$3,084,026
X-15 Other assetsStart of year $203$0
X-16 Total assetsStart of year $20,880,495$20,333,792
X-17 Accounts payable and accrued expensesStart of year $7,786$1,548
X-25 Other liabilitiesStart of year $0$23,900
X-26 Total liabilitiesStart of year $7,786$25,448
X-27 Net assets without donor restrictionsStart of year $20,872,709$20,308,344
X-32 Total net assets or fund balancesStart of year $20,872,709$20,308,344
X-33 Total liabilities and net assetsStart of year $20,880,495$20,333,792
Part XI · Reconciliation of net assets $20,308,344 net assets at year end
XI-1 Total revenue$139,096
XI-2 Total expenses$703,461
XI-3 Revenue less expenses−$564,365
XI-4 Net assets at start of year$20,872,709
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,308,344

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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