ASCENSION ACADEMY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$1,872,263
Program Services
68%
Contributions
27%
Other
4%
Investments
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$2,589,956
Salaries & Benefits
73%
Depreciation
10%
Other
8%
Offices, Occupancy & IT
4%
Advertising & Promotion
3%
Interest
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$177,655
$499,211
+181%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,316,791
$1,269,810
-4%
Membership Dues
$0
$0
-
Investments
$45,140
$19,878
-56%
Other
$39,576
$83,364
+111%
Total Revenues
$1,579,162
$1,872,263
+19%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,919,404
$1,896,556
-1%
Fees to Service Providers
$13,679
$8,166
-40%
Advertising & Promotion
$39,972
$84,047
+110%
Offices, Occupancy & IT
$76,223
$91,573
+20%
Interest
$62,172
$63,060
+1%
Depreciation
$255,424
$251,807
-1%
Other
$190,022
$194,747
+2%
Total Expenses
$2,556,896
$2,589,956
+1%
Net income
2024
2025
Change
Net income
-$977,734
-$717,693
+27%
Functional Expenses
Summary
2024
2025
Change
Program
$1,875,792
$1,949,468
+4%
Admin
$480,849
$346,591
-28%
Fundraising
$200,255
$293,897
+47%
Total Expenses
$2,556,896
$2,589,956
+1%
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