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Nonprofit · EIN 27-1148162

THE ASCENT PROJECT INC

Tax-exempt · ATLANTA, GA 30310

Financials

$904K$771K2022$1.1M$1.1M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of THE ASCENT PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,197,452$1,361,476-$164,024$83,361$30,523$52,838
December 31, 2023990$1,084,203$1,067,996$16,207$229,810$12,948$216,862
December 31, 2022990 (amended)$904,321$770,526$133,795$203,305$2,650$200,655
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$260,957
Program service revenue
$929,085
Investment income
$0
Other revenue
$7,410

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$227,159
Other salaries and wages
$529,728
Salaries, compensation and benefits (total)
$892,270
Professional fundraising fees
$0
Accounting fees
$10,795
Travel
$48,727
Program services (functional)
$1,350,681
Management and general (functional)
$10,795

Balance sheet and other

Total assets, start of year
$229,810
Total assets, end of year
$83,361
Total liabilities, end of year
$30,523
Net assets, end of year
$52,838
Net assets without donor restrictions
$52,838
Gross receipts
$1,197,452
Employees
32
Volunteers
31
Year formed
2017
State of legal domicile
GA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JILL MITCHELLPROGRAM DIRECTOR (UNTIL 9/2024)
Officer
40$115,759$5,952
TEAERA RAINESPROGRAM DIRECTOR
Officer
40$85,000$1,526
HOPE BOLDONEXECUTIVE DIRECTOR
Officer
20$26,400$0
ERIC PINCKNEYBOARD PRESIDENT
Trustee or director, Officer
2$0$0
RIAN SMITHBOARD VICE PRESIDENT
Trustee or director, Officer
2$0$0
BRI BOLDONBOARD MEMBER
Trustee or director
2$0$0
KAREN RAMLALL-ABBOTTBOARD MEMBER
Trustee or director
2$0$0
SHANNON JUDDBOARD MEMBER
Trustee or director
2$0$0
CHRISTINIA CUNNINGHAMBOARD MEMBER
Trustee or director
2$0$0
MAMIE JONESBOARD MEMBER
Trustee or director
2$0$0
KADY DEWITBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JILL MITCHELLPROGRAM DIRECTOR
Officer
40$116,275$5,952
HOPE BOLDONEXECUTIVE DIRECTOR
Officer
40$50,400$0
ERIC PINCKNEYBOARD PRESIDENT
Trustee or director, Officer
2$0$0
ROBERT EASTERLINGBOARD PRESIDENT (UNTIL 5/2023)
Trustee or director, Officer
2$0$0
RIAN SMITHBOARD VICE PRESIDENT
Trustee or director, Officer
2$0$0
BRI BOLDONBOARD MEMBER
Trustee or director
2$0$0
KAREN RAMLALL-ABBOTTBOARD MEMBER
Trustee or director
2$0$0
SHANNON JUDDBOARD MEMBER
Trustee or director
2$0$0
CHRISTINIA CUNNINGHAMBOARD MEMBER
Trustee or director
2$0$0
MAMIE JONESBOARD MEMBER
Trustee or director
2$0$0
KADY DEWITBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
ROBERT EASTERLINGBOARD CHAIRMAN
Trustee or director, Officer
2$0
ERIC PINCKNEYBOARD VICE CHAIRMAN
Trustee or director, Officer
2$0
RIAN SMITHBOARD MEMBER
Trustee or director
2$0
BRI BOLDONBOARD MEMBER
Trustee or director
2$0
KAREN RAMLALL-ABBOTTBOARD MEMBER
Trustee or director
2$0
KADY DEWITTBOARD MEMBER
Trustee or director
2$0
MAMIE JONESBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
387 JOSEPH E LOWERY BLVD SW FL, ATLANTA, GA 30310-1439
Principal officer (990 for 2024)
HOPE BOLDON, 387 JOSEPH E LOWERY BLVD 2ND FLOOR, ATLANTA, GA 30310
Signed the 990
TEAERA RAINES, PRGM DIR & INTERIM EXEC. DIR.
Phone
(404) 847-9447
Return prepared by
WARREN AVERETT LLC

Mission

DEVELOPING A LEGACY OF HEALTHY COMMUNITIES BY COACHING, COUNSELING, AND CONNECTING THE RESIDENTS TO RESORUCES WITHIN THE THREE PILLIARS : INCOME, HEALTH, AND EDUCATION

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASCENT PROJECT (TAP) PROVIDES CRITICAL SOCIOECONOMIC, EDUCATIONAL AND CIVIC ENGAGEMENT SUPPORT AND SERVICES TO RESIDENTS IN URBAN, MIXED INCOME, TRANSFORMED COMMUNITIES. TAP ENSURES THAT CONSTANT ATTENTION IS PAID TO THE CHALLENGES FACED BY FAMILIES AND HOUSEHOLDS, TO ENSURE THE LONG-TERM STABILITY AND STRENGTH OF SUCH UNDER-SERVED COMMUNITIES. THIS IS ACHIEVED THROUGH TARGETED PROGRAMMING AND LIFELONG LEARNING OPPORTUNITIES FOR ALL RESIDENTS (ADULTS AND CHILDREN).
    Expenses $1,350,681 · revenue $936,495

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1148162
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C023)
Assets (IRS master file)
$83,361
Income (IRS master file)
$1,197,452

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,197,452$1,361,476$83,361XML
990December 2023$1,084,203$1,067,996$229,810XML
990December 2022$904,321$770,526$203,305XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––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 27-1148162).

Questions about THE ASCENT PROJECT INC

What is the EIN of THE ASCENT PROJECT INC?
The employer identification number (EIN) of THE ASCENT PROJECT INC is 27-1148162.
Is THE ASCENT PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to THE ASCENT PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE ASCENT PROJECT 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 THE ASCENT PROJECT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ASCENT PROJECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE ASCENT PROJECT INC?
The 990 for the year ended December 31, 2024 names HOPE BOLDON.
Who are the officers and directors of THE ASCENT PROJECT INC?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $115,759 (JILL MITCHELL, PROGRAM DIRECTOR (UNTIL 9/2024)).
How much revenue does THE ASCENT PROJECT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,197,452, expenses of $1,361,476 and total assets of $83,361 at year end.

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