Nonprofit · EIN 54-1851377
ASCENT COLLEGE
Tax-exempt · GAINESVILLE, VA 20156
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $872,606 | $918,029 | -$45,423 | $290,450 | $182,250 | $108,200 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $687,974
- of which government grants
- $192,195
- Program service revenue
- $178,529
- Investment income
- $6,103
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $38,500
- Other salaries and wages
- $398,882
- Salaries, compensation and benefits (total)
- $470,842
- Professional fundraising fees
- $0
- Accounting fees
- $28,932
- Occupancy
- $48,000
- Travel
- $9,153
- Depreciation
- $8,466
- Program services (functional)
- $542,137
- Management and general (functional)
- $324,567
- Fundraising (functional)
- $51,325
Balance sheet and other
- Total assets, start of year
- $328,709
- Total assets, end of year
- $290,450
- Total liabilities, end of year
- $182,250
- Net assets, end of year
- $108,200
- Land, buildings and equipment
- $61,431
- Net assets without donor restrictions
- $13,008
- Net assets with donor restrictions
- $95,192
- Gross receipts
- $872,606
- Employees
- 14
- Volunteers
- 25
- Year formed
- 2005
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mark Lehman | Director Trustee or director | 0.4 | $0 | $100,000 | $30,000 |
| Robert J Rhoden | President Trustee or director, Officer, Highest-paid employee | 30 | $38,500 | $75,600 | $0 |
| Ken Cramer | Director Trustee or director, Officer | 0.4 | $0 | $2,000 | $0 |
| George Raduano | Chairman of the Board Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Kenneth Moreland | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Jacob Al Hassan | Director Trustee or director | 0.4 | $0 | $0 | $0 |
| Sherilynn Tounger | Director Trustee or director | 0.4 | $0 | $0 | $0 |
| Lori Ricks | Director Trustee or director | 0.4 | $0 | $0 | $0 |
| John Rajan | Director Trustee or director | 0.4 | $0 | $0 | $0 |
| Robert McDowell | Director Trustee or director | 0.4 | $0 | $0 | $0 |
| Steve Evans | Director Trustee or director | 0.4 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 690, GAINESVILLE, VA 20156-0690
- In care of
- % RONALD P JOHNSON
- Principal officer (990 for 2024)
- Dr Robert J Rhoden, 6100 Kelston Green Drive, Glen Allen, VA 23059
- Signed the 990
- Dr Robert J Rhoden, President
- Phone
- (703) 753-0300
- Return prepared by
- pH Technical Services Corporation
Mission
We provide Post-Secondary education from a Biblical perspective in order to prepare students, spiritually, practically and academically for professional and lay ministry.
Program accomplishments
- We provide Post-Secondary education from a Biblical perspective in order to prepare students, spiritually, practically and academically for professional and lay ministry.Expenses $542,137 · revenue $866,503
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1851377
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $290,450
- Income (IRS master file)
- $872,606
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $714,881 | $828,279 | $328,709 | IRS |
| 990 | June 2023 | $903,154 | $760,559 | $290,827 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ASCENT COLLEGE
- What is the EIN of ASCENT COLLEGE?
- The employer identification number (EIN) of ASCENT COLLEGE is 54-1851377.
- Is ASCENT COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to ASCENT COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASCENT COLLEGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASCENT COLLEGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASCENT COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASCENT COLLEGE?
- The 990 for the year ended June 30, 2025 names Dr Robert J Rhoden.
- Who are the officers and directors of ASCENT COLLEGE?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization.
- How much revenue does ASCENT COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $872,606, expenses of $918,029 and total assets of $290,450 at year end.
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