Nonprofit · EIN 85-1435725
ASCEND COLLEGE PREP
Tax-exempt · COLORADO SPGS, CO 80920
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,321,852 | $1,291,285 | $30,567 | $588,285 | $433,557 | $154,728 |
| June 30, 2024 | 990 | $1,114,478 | $974,718 | $139,760 | $617,604 | $493,443 | $124,161 |
| June 30, 2023 | 990 | $759,304 | $761,770 | -$2,466 | $574,246 | $589,845 | -$15,599 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $42,021
- of which government grants
- $27,639
- Program service revenue
- $1,270,286
- Investment income
- $981
- Other revenue
- $8,564
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $182,364
- Other salaries and wages
- $174,239
- Salaries, compensation and benefits (total)
- $385,485
- Professional fundraising fees
- $0
- Occupancy
- $103,098
- Depreciation
- $183,717
- Program services (functional)
- $916,839
- Management and general (functional)
- $374,446
Balance sheet and other
- Total assets, start of year
- $617,604
- Total assets, end of year
- $588,285
- Total liabilities, end of year
- $433,557
- Net assets, end of year
- $154,728
- Land, buildings and equipment
- $428,428
- Net assets without donor restrictions
- $114,728
- Net assets with donor restrictions
- $40,000
- Gross receipts
- $1,321,852
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- CO
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 |
|---|---|---|---|
| Karin McWhorter | Principal and Director Officer | 40 | $91,054 |
| Jennifer Staack-Kennerty | Assistant Principal Officer | 40 | $70,320 |
| William Frost | President Trustee or director, Officer | 2 | $0 |
| Mary Szucs | Vice President Trustee or director, Officer | 2 | $0 |
| Cody Dozier | Secretary Trustee or director, Officer | 1 | $0 |
| Martha Turobiner | Treasurer Trustee or director, Officer | 1 | $0 |
| David Vollmer | Member Trustee or director | 1 | $0 |
| Catherine Dunham | Member Trustee or director | 1 | $0 |
| Frank Cannizzaro | Member Trustee or director | 1 | $0 |
| Eric Shipley | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karin McWhorter | Principal and Director Officer | 40 | $58,000 |
| William Frost | President Trustee or director, Officer | 2 | $0 |
| Mary Szucs | Vice President Trustee or director, Officer | 2 | $0 |
| Cody Dozier | Secretary Trustee or director, Officer | 1 | $0 |
| Martha Turobiner | Treasurer Trustee or director, Officer | 1 | $0 |
| David Vollmer | Member Trustee or director | 1 | $0 |
| Catherine Dunham | Member Trustee or director | 1 | $0 |
| Frank Cannizzaro | Member Trustee or director | 1 | $0 |
| Eric Shipley | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karin McWhorter | Principal and Director Officer | 40 | $58,000 |
| Mary Szucs | Vice President Trustee or director, Officer | 2 | $45,001 |
| William Frost | President Trustee or director, Officer | 2 | $0 |
| Cody Dozier | Secretary Trustee or director, Officer | 1 | $0 |
| Martha Turobiner | Treasurer Trustee or director, Officer | 1 | $0 |
| David Vollmer | Member Trustee or director | 1 | $0 |
| Catherine Dunham | Member Trustee or director | 1 | $0 |
| Frank Cannizzaro | Member Trustee or director | 1 | $0 |
| Eric Shipley | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1650 TELSTAR DR, COLORADO SPGS, CO 80920-1009
- In care of
- % KARIN L MCWHORTER
- Mailing address (990-N for 2020)
- 1650 Telstar Drive Ste 110, Colorado Springs CO 80920
- Principal officer (990 for 2024)
- Karin McWhorter, 1650 Telstar Drive 110, Colorado Springs, CO 80920
- Principal officer (990-N for 2020)
- KARIN L MCWHORTER, 19175 Lochmere Court, Monument CO 80132
- Signed the 990
- Karin McWhorter, Principal & Director
- Phone
- (719) 368-6936
- Website
- www.ascendcollegeprep.com
- Return prepared by
- Hoelting & Company Inc
Mission
Ascend College Prep is a public high school for 10-12th grade students in Colorado Springs and the surrounding area. Our Mission is to "Prepare and inspire students to become lifelong learners and responsible citizens through rigorous academic courses, personalized electives, and active community engagement."
Program accomplishments
- At Ascend, we want our students to ask "why" we want them to dig deeper into the material instead of simply replicating the work they have been shown during a class. True learning is about so much more than memorizing formulas and steps. We will focus on the underlying concepts behind the mechanics in each course as a way to more fully understand the content. Our small class sizes and applications-based curriculum allow us to tailor instruction to each student's individual interests and needs. In a traditional classroom, all students are required to work at the same pace; this does a disservice to those students who would like to work faster, or those who require additional help. We will work with students, on an individual basis, to customize their educational experience.Expenses $916,839 · revenue $1,278,850
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
- 85-1435725
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $588,285
- Income (IRS master file)
- $1,321,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,321,852 | $1,291,285 | $588,285 | XML |
| 990 | June 2024 | $1,114,478 | $974,718 | $617,604 | XML |
| 990 | June 2023 | $759,304 | $761,770 | $574,246 | XML |
| 990 | June 2022 | $392,390 | $406,635 | $214,481 | IRS |
| 990-N for 2020 Officer: KARIN L MCWHORTER | June 30, 2021 | ≤ $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 85-1435725).
Questions about ASCEND COLLEGE PREP
- What is the EIN of ASCEND COLLEGE PREP?
- The employer identification number (EIN) of ASCEND COLLEGE PREP is 85-1435725.
- Is ASCEND COLLEGE PREP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to ASCEND COLLEGE PREP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASCEND COLLEGE PREP 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 COLLEGE PREP 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 COLLEGE PREP 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 COLLEGE PREP?
- The 990 for the year ended June 30, 2025 names Karin McWhorter.
- Who are the officers and directors of ASCEND COLLEGE PREP?
- The 990 for the year ended June 30, 2025 lists 10 people; 2 received compensation from the organization, the highest $91,054 (Karin McWhorter, Principal and Director).
- How much revenue does ASCEND COLLEGE PREP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,321,852, expenses of $1,291,285 and total assets of $588,285 at year end.
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