Mission
ASCENDUS EMPOWERS LOW-TO-MODERATE INCOME BUSINESS OWNERS THROUGH ACCESS TO CAPITAL AND FINANCIAL EDUCATION.
Public Charity
ASCENDUS INC
ASCENDUS INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $14.8M in revenue, $13.2M in expenses, $53.4M in total assets. 58 publicly reported grants to this organization, totaling roughly $8.4M, appear in IRS filings.
EIN: 113317234
NEW YORK, NY
Business & Industry
NTEE: S40
Latest filing: 2025
Total Revenue$14.8M
Total Expenses$13.2M
Total Assets$53.4M
Grant Records58
Funding Total$8.4M
Filing Years2020–2025
Where $100 goes at Ascendus Inc
How Ascendus Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$81
Programs
the work itself
$12
Management
running the organization
$7
Fundraising
raising the next dollar
Inside the $81 for programs
$53
Ascendus has two primary programs, the largest of which is the provision of business loans and development services to entrepreneurs
$28
In the second program, Ascendus participates in partnership programs where loans are originated and portions are sold to the partner organization
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
GENERAL SUPPORT
$100,000
Latino CORE Grant
$20,000
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$250,000
GENERAL SUPPORT
$100,000
GENERAL SUPPORT
$85,862
Showing up to 5 of 58 total records — full history available with membership.
Officers & Directors
DIRECTOR
Alvin Moore
DIRECTOR (INCOMING VICE-CHAIR)
Amy Hellen
CHIEF OPERATING OFFICER
Ana Hammock
SVP, LENDING
Andrea Ierace
DIRECTOR
Armando Acosta
DIRECTOR
Augusto Sanabria
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14.8M | $13.2M | $53.4M |
| 2024 | $12.2M | $15.8M | $61.5M |
| 2023 | $10.6M | $13.2M | $44.5M |
| 2022 | $13.4M | $9.1M | $40.5M |
| 2020 | $12.4M | $9.2M | $33.0M |
Between 2020 and 2025, reported annual revenue grew from $12.4M to $14.8M (+20%), with total assets most recently reported at $53.4M.
Interactive year-over-year charts and full filing details available with membership.