Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-2023126

FRIENDS OF@ASCEND CHARTER SCHOOLS INC

Tax-exempt · BROOKLYN, NY 11212

Financials

$27.6M$26.5M2022$31.2M$30.1M2023$40.2M$38.9M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF@ASCEND CHARTER SCHOOLS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$40,239,046$38,945,030$1,294,016$354,433,111$347,886,452$6,546,659
June 30, 2024990$31,213,423$30,084,618$1,128,805$293,327,451$288,074,808$5,252,643
June 30, 2023990$27,639,879$26,464,995$1,174,884$249,362,458$245,238,620$4,123,838
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$40,239,046
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$110,083
Accounting fees
$5,000
Occupancy
$28,998,545
Depreciation
$1,812,895
Program services (functional)
$32,246,485
Management and general (functional)
$6,698,545

Balance sheet and other

Total assets, start of year
$293,327,451
Total assets, end of year
$354,433,111
Total liabilities, end of year
$347,886,452
Net assets, end of year
$6,546,659
Land, buildings and equipment
$29,174,595
Net assets without donor restrictions
$6,546,659
Gross receipts
$40,239,046
Employees
0
Volunteers
3
Year formed
2017
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
NEIL SHAPIROSECRETARY
Trustee or director, Officer
1$0
JAMES FORDTREASURER
Trustee or director, Officer
1$0
MARK MEDEMADIRECTOR
Trustee or director
1$0
EDISON DE LA CRUZCHIEF FINANCIAL OFFICER
Officer
40$0
MARYANN LIPRESIDENT
Officer
40$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
NEIL SHAPIROSECRETARY
Trustee or director, Officer
1$0
JAMES FORDTREASURER
Trustee or director, Officer
1$0
MARK MEDEMADIRECTOR
Trustee or director
1$0
EDISON DE LA CRUZCHIEF FINANCIAL OFFICER EFF. 06/2024
Officer
40$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
RICK ARROYOPRESIDENT
Trustee or director, Officer
1$0
NEIL SHAPIROSECRETARY
Trustee or director, Officer
1$0
JAMES FORDTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
205 ROCKAWAY PKWY, BROOKLYN, NY 11212-3444
Mailing address (990-N for 2016)
205 Rockaway Parkway, Brooklyn NY 11212
Principal officer (990 for 2024)
JAMES FORD, 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212
Principal officer (990-N for 2016)
andrew epstein, 205 Rockaway Parkway, Brooklyn NY 11212
Signed the 990
ROBERT PRICE, CHIEF FINANCIAL OFFICER
Phone
(877) 829-5500
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO SUPPORT THE OPERATIONS OF ASCEND CHARTER SCHOOLS BY MANAGING REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE ORGANIZATION TO PROVIDE SUPPORT TO ASCEND CHARTER SCHOOLS TO ENHANCE THE EXPERIENCE OF THE SCHOOLS' STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION SUPPORTS THE OPERATIONS OF ASCEND CHARTER SCHOOLS ("ACS"), A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS LOCATED IN BROOKLYN, NEW YORK, BY MANAGING ACS' REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE ORGANIZATION TO PROVIDE SUPPORT TO ACS AND ENHANCE THE EXPERIENCE OF ACS' STUDENTS. THE ORGANIZATION LEASES FACILITIES TO ACS.
    Expenses $32,246,485 · revenue $40,239,046

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-2023126
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$354,433,111
Income (IRS master file)
$40,239,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$40,239,046$38,945,030$354,433,111IRS
990June 2024$31,213,423$30,084,618$293,327,451IRS
990June 2023$27,639,879$26,464,995$249,362,458XML
990June 2022$16,484,620$17,436,084$52,287,360IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS
990-N for 2016
Officer: andrew epstein
June 30, 2017≤ $50,000 receipts––e-Postcard

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 82-2023126).

Questions about FRIENDS OF@ASCEND CHARTER SCHOOLS INC

What is the EIN of FRIENDS OF@ASCEND CHARTER SCHOOLS INC?
The employer identification number (EIN) of FRIENDS OF@ASCEND CHARTER SCHOOLS INC is 82-2023126.
Is FRIENDS OF@ASCEND CHARTER SCHOOLS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to FRIENDS OF@ASCEND CHARTER SCHOOLS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF@ASCEND CHARTER SCHOOLS INC 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 FRIENDS OF@ASCEND CHARTER SCHOOLS INC 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 FRIENDS OF@ASCEND CHARTER SCHOOLS INC 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 FRIENDS OF@ASCEND CHARTER SCHOOLS INC?
The 990 for the year ended June 30, 2025 names JAMES FORD.
Who are the officers and directors of FRIENDS OF@ASCEND CHARTER SCHOOLS INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF@ASCEND CHARTER SCHOOLS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $40,239,046, expenses of $38,945,030 and total assets of $354,433,111 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Education