Public Charity

ASCENDIUM EDUCATION SOLUTIONS INC

Based in MADISON, WI, ASCENDIUM EDUCATION SOLUTIONS INC operates as a Public Charity. The organization reported $186.0M in revenue, $196.7M in expenses, $213.3M in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $61.1M.

EIN: 391853833 MADISON, WI Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025

Organization Summary

Grant Records 1

Filing History 2021–2025

Funding Total $61.1M

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Financial Snapshot · 2025

Total Revenue $186.0M

Total Expenses $196.7M

Total Assets $213.3M

Total Revenue$186.0M

Total Expenses$196.7M

Total Assets$213.3M

Grant Records1

Funding Total$61.1M

Filing Years2021–2025

Mission

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.

Where $100 goes at Ascendium Education Solutions Inc

How Ascendium Education Solutions Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself

$11 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$83

Ascendium Education Solutions, inc

94% of program spending · Reported in the filing: 201,410 grants

Ascendium's education philanthropy focuses on increasing opportunity for upward economic mobility for learners from low-income backgrounds through high-quality postsecondary education and workforce training

6% of program spending

Impact investing is one of the key ways we accomplish our mission to champion opportunity for everyone

0% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

ASCENDIUM EDUCATION GROUP INC

2022

Fund Ascendium Education Solution, Inc. grant program

$61,144,777

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIR - CLAIMS REVIEW Barbara A Wilhelm - 3

VP - GUARANTY SUPPORT SVCS Benjamin C Lee - 3

VP - REPAYMENT SOLUTIONS Beth A Erickson - 3

DIRECTOR - RECOVERY ADMIN Carmen N Rieg - 3

DIRECTOR Cynthia Walsh - 1

DIRECTOR Darren King - 1

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education

$61,144,777 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$186.0M	$196.7M	$213.3M
2024	$267.0M	$169.3M	$222.6M
2023	$298.2M	$119.5M	$351.5M
2022	$388.9M	$166.6M	$289.8M
2021	$467.3M	$204.8M	$170.9M

Between 2021 and 2025, reported annual revenue declined from $467.3M to $186.0M (-60%), with total assets most recently reported at $213.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ASCENDIUM EDUCATION SOLUTIONS INC

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports