Nonprofit · EIN 81-3901518
ASCENDING WAY INC
Tax-exempt · LOS ALTOS, CA 94024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $13,645 | $62,971 | -$49,326 | $329,095 | $23,965 | $305,130 |
| December 31, 2024 | 990-PF | $6,342 | $53,413 | -$47,071 | $354,710 | $254 | $354,456 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,623
- Net gain from sales of assets
- $2,022
Expenses
- Grants and similar amounts paid
- $60,639
- Disbursements for charitable purposes
- $62,796
- Excise tax on investment income
- $187
Balance sheet and other
- Total assets, start of year
- $354,710
- Total assets, end of year
- $329,095
- Total liabilities, end of year
- $23,965
- Net assets, end of year
- $305,130
- Fair market value of assets
- $1,123,909
- Qualifying distributions
- $62,796
- Net investment income
- $13,645
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHIN-PENG DOW 655 Birchwood Ct, Los Altos, CA 94024 | CEO | 2 | $0 |
| ANNY DOW 655 Birchwood Ct, Los Altos, CA 94024 | Director | 2 | $0 |
| ANCY DOW 655 Birchwood Ct, Los Altos, CA 94024 | Director | 2 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHIN-PENG DOW 655 Birchwood Ct, Los Altos, CA 94024 | CEO | 2 | $0 |
| ANNY DOW 655 Birchwood Ct, Los Altos, CA 94024 | Director | 2 | $0 |
| ANCY DOW 655 Birchwood Ct, Los Altos, CA 94024 | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 665 BIRCHWOOD CT, LOS ALTOS, CA 94024-4869
- In care of
- % CHIN-PENG DOW
- Signed the 990-PF
- CHIN-PENG DOW, CEO
- Phone
- (650) 714-3795
- Return prepared by
- ENTHOLPY EMC INC
California records
California keeps its own records of charities and corporations. Search them by EIN 81-3901518 or by the name ASCENDING WAY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-3901518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $329,095
- Income (IRS master file)
- $68,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $13,645 | $62,971 | $329,095 | IRS |
| 990-PF | December 2024 | $6,342 | $53,413 | $354,710 | XML |
| 990-PF | December 2023 | $13,242 | $14,589 | $403,423 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 81-3901518).
Questions about ASCENDING WAY INC
- What is the EIN of ASCENDING WAY INC?
- The employer identification number (EIN) of ASCENDING WAY INC is 81-3901518.
- Is ASCENDING WAY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to ASCENDING WAY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ASCENDING WAY INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ASCENDING WAY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASCENDING WAY INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ASCENDING WAY INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ASCENDING WAY INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $13,645, expenses of $62,971 and total assets of $329,095 at year end.
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All nonprofits in LOS ALTOS · California · Philanthropy, voluntarism and grantmaking foundations