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Ascendium Education Solutions INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % HOPE MERRY
Other · MADISON, WI · EIN 39-1853833

About

Ascendium education solutions, INC. Operates to provide for philanthropic support and cost effective enablement of access to and persistence in post-secondary education by providing full-range guaranty agency services and grant support to funding sources, educational institutions, charitable organizations, in pursuit of and participation in post-secondary education in accordance with the federal higher education ACT of 1965, as amended. This mission statement has been reviewed, acknowledged and informally approved by the board.

In care of Hope Merry

Donations are tax-deductible
Category
Other
Employees
163
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$267.0M
Expenses
$169.3M
Assets
$222.6M
Liabilities
$12.2M

Financial history

$511.3M$255.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $267.0M · Peak FY2019: $511.3M · Avg: $306.8M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$4.5M
ASCENDIUM EDUCATION SOLUTIONS INC
Your actions

Address

38 Buttonwood CT
Madison, WI, 53718-215

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.