Ascendus Inc

Community development organization based in New York, NY. 58 employees. Exempt under §501(c)(3).

MissionASCENDUS EMPOWERS LOW-TO-MODERATE INCOME BUSINESS OWNERS THROUGH ACCESS TO CAPITAL AND FINANCIAL EDUCATION.

EIN
11-3317234
State
NY
Sector
Community development
Budget band
$10M–$25M
Latest filing
TY 2024
Records
8 officers · 6 years

Financial snapshot · TY 2024

$12.2M
Total revenue
$15.8M
Total expenses
$61.5M
Net assets

Financial health · TY 2024

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
44
7.9 months of expenses
Program efficiency
76
80.4% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

$440,228
91th percentile vs. peers
Ana Hammock
CHIEF LENDING OFFICER
$242,573
86th percentile vs. peers
$217,975
83th percentile vs. peers
Victoria N Richardson
SVP, DEVELOPMENT & COMMUNICATIONS
$192,373
86th percentile vs. peers
Rodrigo Cerveira
VP, CREDIT RISK
$184,472
86th percentile vs. peers

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Ascendus Inc Executive Compensation | 990 Data | DoubleNine