Nonprofit · EIN 82-2660338
ASCEND LEADERSHIP ACADEMY INC
Tax-exempt · SANFORD, NC 27332
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,180,916 | $8,116,809 | $64,107 | $17,987,329 | $19,407,403 | -$1,420,074 |
| June 30, 2024 | 990 | $6,995,135 | $7,434,218 | -$439,083 | $17,842,608 | $19,326,789 | -$1,484,181 |
| June 30, 2023 | 990 | $6,306,450 | $6,901,088 | -$594,638 | $18,270,247 | $19,315,345 | -$1,045,098 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,951,536
- of which government grants
- $6,951,536
- Program service revenue
- $225,679
- Investment income
- $75,813
- Net rental income
- $927,888
- Other revenue
- $927,888
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $7,188,921
- Management and general (functional)
- $927,888
Balance sheet and other
- Total assets, start of year
- $17,842,608
- Total assets, end of year
- $17,987,329
- Total liabilities, end of year
- $19,407,403
- Net assets, end of year
- -$1,420,074
- Land, buildings and equipment
- $15,600,300
- Gross receipts
- $8,180,916
- Employees
- 99
- Volunteers
- 15
- Year formed
- 2016
- State of legal domicile
- NC
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 |
|---|---|---|---|
| JUSTIN SMITH | MANAGING DIRECTOR Trustee or director | 40 | $115,874 |
| ROGER LINVILLE | BOARD CHAIR Trustee or director, Officer | 5 | $0 |
| CANDICE BROADUS-MCDOUGAL | SECRETARY Trustee or director, Officer | 5 | $0 |
| MELANIE JACOBS | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 |
| KIMBERLY GRICE | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| MONIQUE TORREZ | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 |
| KIPP THOMPSON | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 |
| SHARON MASON | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN SMITH | MANAGING DIRECTOR Trustee or director | 40 | $115,970 | $14,560 |
| ROGER LINVILLE | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CANDICE BROADUS-MCDOUGAL | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MELANIE JACOBS | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| KIMBERLY GRICE | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MONIQUE TORREZ | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN SMITH | MANAGING DIRECTOR Trustee or director | 40 | $110,878 | $8,482 |
| JASON SMITH | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BRANDY GRINDLE | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| REX SCOTT | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| DREW GOODSON | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MIKE ISKANDAR | AT LARGE BOARD MEMBER Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 283 HARVEY FAULK RD, SANFORD, NC 27332-9635
- In care of
- % DONALD DRAUGHON
- Mailing address (990-N for 2017)
- 283 Harvey Faulk Rd, Sanford NC 27332
- Principal officer (990 for 2024)
- JUSTIN T SMITH, 283 HARVEY FAULK ROAD, SANFORD, NC 27332
- Principal officer (990-N for 2017)
- Justin Smith, 283 Harvey Faulk Rd, Sanford NC 27332
- Signed the 990
- JUSTIN T SMITH, MANAGING DIRECTOR
- Phone
- (919) 842-5411
- Return prepared by
- DMJPS PLLC
Mission
OUR MISSION IS TO DEVELOP SUCCESSFUL STUDENT LEADERS BY GROWING THEIR SELF-EFFICACY, INTELLECTUAL UNDERSTANDING, AND SOCIAL COMPETENCE. ALA WILL ACCOMPLISH THIS BY APPLYING INNOVATIVE TEACHING METHODS, INCORPORATING STUDENT CULTURAL REALITIES, AND CULTIVATING STUDENT OWNERSHIP IN THE LEARNING COMMUNITY.
Program accomplishments
- PROVIDE FACILITIES, TEACHERS, AND MATERIALS TO STUDENTS ENROLLED AT A PUBLIC CHARTER SCHOOL.Expenses $7,188,921 · revenue $1,153,567
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
- 82-2660338
- 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
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $17,987,329
- Income (IRS master file)
- $8,180,916
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,180,916 | $8,116,809 | $17,987,329 | IRS |
| 990 | June 2024 | $6,995,135 | $7,434,218 | $17,842,608 | XML |
| 990 | June 2023 | $6,306,450 | $6,901,088 | $18,270,247 | XML |
| 990 | June 2022 | $5,113,619 | $6,119,158 | $19,652,190 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: Justin Smith | June 30, 2018 | ≤ $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 82-2660338).
Questions about ASCEND LEADERSHIP ACADEMY INC
- What is the EIN of ASCEND LEADERSHIP ACADEMY INC?
- The employer identification number (EIN) of ASCEND LEADERSHIP ACADEMY INC is 82-2660338.
- Is ASCEND LEADERSHIP ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to ASCEND LEADERSHIP ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASCEND LEADERSHIP ACADEMY 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 ASCEND LEADERSHIP ACADEMY 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 ASCEND LEADERSHIP ACADEMY 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 ASCEND LEADERSHIP ACADEMY INC?
- The 990 for the year ended June 30, 2025 names JUSTIN T SMITH.
- Who are the officers and directors of ASCEND LEADERSHIP ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $115,874 (JUSTIN SMITH, MANAGING DIRECTOR).
- How much revenue does ASCEND LEADERSHIP ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,180,916, expenses of $8,116,809 and total assets of $17,987,329 at year end.
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