Ascend Stl INC FY2021 filing

Tax-deductible

Saint Louis, MO501(c)(3)HousingEIN 43-1844396

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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

FY2021 · 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
17 mo
of spending, in cash
Looks good: 16.7 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
$10K
0.05% 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
$25K
-82% vs prior year
Spent
$603K
To programs
98%
Net assets
$19.7M
By yearFY2020–FY2025
Revenue
$25K
FY2021▼ -82%
Revenue by fiscal year
FY2020$139K
FY2021$25K
FY2022$151K
FY2023$34K
FY2024$418K
FY2025$47K
Expenses
$603K
FY2021▼ -14%
Expenses by fiscal year
FY2020$703K
FY2021$603K
FY2022$650K
FY2023$722K
FY2024$1.2M
FY2025$726K
Net assets
$19.7M
FY2021▼ -3%
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 FY2021 Form 990 (year ending September 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

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% · $589K Management & general 2% · $14K

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 (FY2020); the FY2021 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
See Ascend Stl INC executive salaries →

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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.

Provided by the organization

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2 program services account for $589K of program spending, described in the organization's own filed words · FY2020.
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.

$589Kprogram 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…

Pt IX · col B

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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 FY2021 990, line by line.

1The main four
Money inPt VIII
$25K
Ln 12
Other incomeLn 4–11$24K
Investment incomeLn 3$677
Money outPt IX
$603K
Ln 25
Programscol B$589K
Managementcol C$14K
Owns and owesPt X
$19.7M
net assets · Ln 32
Cash and savingsLn 1–2$838K
Total assetsLn 16$19.7M
LiabilitiesLn 26$10K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$677
Other incomeLn 4–11$24K
Total revenueLn 12$25K
Assets in detailPt X, end of year
CashLn 1$81K
SavingsLn 2$757K
Cash and savings togetherLn 1–2$838K
Land, buildings, equipmentLn 10c$3.1M
Total assetsLn 16$19.7M
LiabilitiesLn 26$10K
Net assetsLn 32$19.7M
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 FY21End FY21
Cash and savingsLn 1–2$857K$838K
Land, buildings, equipmentLn 10c$3.1M$3.1M
Total assetsLn 16$20.3M$19.7M
LiabilitiesLn 26$25K$10K
Net assetsLn 32$20.3M$19.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$13K$13K
Accounting feesLn 11c$12K$12K
Office expensesLn 13$485$291$194
Information technologyLn 14$236$236
Depreciation, depletion and amortizationLn 22$576K$576K
InsuranceLn 23$761$534$227
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$603K$589K$14K$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 Viewing $25K$603K−$578K$19.7M 990 PDF
FY2020 $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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $25,029 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $677$677
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $24,352$24,352
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $25,029$25,029
Part IX · Statement of functional expenses $603,455 across 7 lines filed
IX-11a Management feesPrograms $12,617$12,617
IX-11c Accounting feesManagement $11,790$11,790
IX-13 Office expensesPrograms $291 · Management $194$485
IX-14 Information technologyPrograms $236$236
IX-22 Depreciation, depletion and amortizationPrograms $575,721$575,721
IX-23 InsurancePrograms $534 · Management $227$761
IX-24 Other expenses (24a–d)Management $1,845$1,845
IX-25 Total functional expensesPrograms $589,399 · Management $14,056 · Fundraising $0$603,455
Part X · Balance sheet $19,739,564 assets, 11 lines filed
Asset lines not itemized here account for $15,816,755; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $856,622$81,312
X-2 Savings and temporary cash investmentsStart of year $0$757,003
X-9 Prepaid expenses and deferred chargesStart of year $668$468
X-10c Land, buildings and equipment, netStart of year $3,084,026$3,084,026
X-16 Total assetsStart of year $20,333,792$19,739,564
X-17 Accounts payable and accrued expensesStart of year $1,548$9,646
X-25 Other liabilitiesStart of year $23,900$0
X-26 Total liabilitiesStart of year $25,448$9,646
X-27 Net assets without donor restrictionsStart of year $20,308,344$19,729,918
X-32 Total net assets or fund balancesStart of year $20,308,344$19,729,918
X-33 Total liabilities and net assetsStart of year $20,333,792$19,739,564
Part XI · Reconciliation of net assets $19,729,918 net assets at year end
XI-1 Total revenue$25,029
XI-2 Total expenses$603,455
XI-3 Revenue less expenses−$578,426
XI-4 Net assets at start of year$20,308,344
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,729,918

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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