Education
(B29)
990 on File
ASCEND CHARTER SCHOOLS
Financial strength (30%)
74/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$147.5M
Total Revenue
$145.9M
Total Expenses
$13.9M
Net Assets
596
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.6%
Fundraising Efficiency
N/A
Operating Reserve
1.14x
Liability-to-Asset
96.7%
Revenue Diversification
84.6%
Compared with Peers
FY 2023
Compared with 607 similar organizations
(United States, Education, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.6% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.4% | 10.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.1 mo | 20.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
96.7% | 27.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.6% | 84.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
7.3% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.6% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.1% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $147.5M | $145.9M | $13.9M | 82.6% | 596 |
| 2022 | $137.4M | $135.7M | $10.2M | 82.5% | 949 |
| 2021 | $130.1M | $116.5M | N/A | — | 879 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.