Form990
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Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 01-01-2021 , and ending 12-31-2021
BCheck if applicable:
CName of organization
Ascendium Education Solutions Inc
 
% HOPE MERRY
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
38 BUTTONWOOD COURT
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Madison, WI53704
D Employer identification number

39-1853833
E Telephone number

G Gross receipts $ 467,380,279
F Name and address of principal officer:
Richard George
38 BUTTONWOOD COURT
Madison,WI53704
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.ascendiumeducation.org
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1996
M State of legal domicile: WI
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: SUPPORTS INCREASED ACCESS TO AND SUCCESS IN POST-SECONDARY EDUCATION AS A NATIONAL GRANTMAKER, A FEDERAL STUDENT LOAN GUARANTY AGENCY AND A PROVIDER OF STUDENT SUCESS SERVICES
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 7
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 6
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 197
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 0 0
9 Program service revenue (Part VIII, line 2g) ......... 389,231,175 439,168,551
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 914,737 38,242
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 37,134,176 28,102,410
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 427,280,088 467,309,203
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 100,328,271 107,257,745
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 18,826,753 17,855,833
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 194,086,031 79,682,854
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 313,241,055 204,796,432
19 Revenue less expenses. Subtract line 18 from line 12....... 114,039,033 262,512,771
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 288,144,309 170,907,364
21 Total liabilities (Part X, line 26)............. 183,967,934 104,228,074
22 Net assets or fund balances. Subtract line 21 from line 20..... 104,176,375 66,679,290
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
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Signature of officer Date
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Type or print name and title
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Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2021)
Form 990 (2021)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s 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, AND OTHERS TO BROADEN FEDERALLY GUARANTEED LOAN AVAILABILITY AND 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.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 180,529,358 including grants of $ 107,257,745 ) (Revenue $ 459,987,566 )
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, and others to broaden federally guaranteed loan availability and pursuit of and participation in post-secondary education in accordance with the Federal Higher Education Act of 1965, as amended.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet180,529,358
Form 990 (2021)
Form 990 (2021)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part IIIClick to see attachment..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
Click to see attachment......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I .... Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
28a
Yes
 
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
42
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
197
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
7
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
6
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
IL , IN
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletHOPE MERRY38 BUTTONWOOD COURT   Madison,WI53704 (608) 733-2584
Form 990 (2021)
Form 990 (2021)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Richard D George 23......................................................................
Chair/Treas
18.0
.................
32.0
X   X       0 848,776 51,154
(2) Jeff Crosby 3......................................................................
PRES/CEO-AES
42.0
.................
8.0
    X       521,604 0 42,859
(3) Hope Merry 3......................................................................
Chief Financial Officer
34.0
.................
16.0
    X       0 399,568 46,048
(4) Jacqueline Fairbairn 3......................................................................
VP - POLICY & REG COMPLIANCE
49.0
.................
1.0
    X       298,454 0 52,094
(5) Beth Erickson 3......................................................................
VP - Repayment Solutions
50.0
.................
0.0
    X       300,765 0 32,450
(6) Rebecca Rapp 3......................................................................
Gen Cnsl, CHF PRVCY, ASST SEC
18.0
.................
27.0
    X       0 286,780 40,924
(7) Brett Lindquist 3......................................................................
VP - Strategic Communications
32.0
.................
13.0
    X       0 272,710 50,231
(8) Amy Kobishop 3......................................................................
VP - Education Philanthropy
48.0
.................
2.0
    X       284,526 0 36,495
(9) Maureen Harrill 3......................................................................
VP - Human Resources
32.0
.................
13.0
    X       0 219,332 39,420
(10) Matthew Harlowe 3......................................................................
Director Internal Audit
25.0
.................
25.0
    X       0 233,622 24,903
(11) Rebecca Villarreal 3......................................................................
Dir Education Philanthropy
45.0
.................
0.0
        X   206,478 0 29,952
(12) Jeffrey Dick 3......................................................................
Systems Analyst
45.0
.................
0.0
        X   167,671 0 40,934
(13) Barbara Wilhelm 3......................................................................
Director - Claims Review
45.0
.................
0.0
        X   159,295 0 26,532
(14) Bethany Miller......................................................................
Deputy Dir - Learning & Imp
45.0
.................
0.0
        X   166,784 0 16,926
(15) Brian Kobishop 3......................................................................
VP - IT/Security/Logistics
32.0
.................
13.0
    X       0 168,766 9,323
(16) Caralyn Hansen 3......................................................................
Attigo Sr Mktg Strategist
45.0
.................
0.0
        X   138,396 0 12,516
(17) Richard A Weiss 1......................................................................
Director
1.0
.................
2.0
X           7,600 15,200 0
Form 990 (2021)
Form 990 (2021)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Emerson Brumback 1........................................................................
Director
1.0
.......................2.0
X           9,300 9,300 0
(19) Mary Burke 1........................................................................
Director
1.0
.......................2.0
X           6,200 12,400 0
(20) David J Hanson 1........................................................................
Director/Secretary
1.0
.......................2.0
X           6,200 12,400 0
(21) Cynthia Walsh 1........................................................................
Director
3.0
.......................0.0
X           16,500 0 0
(22) Thomas A Scarlett 1........................................................................
Director
3.0
.......................0.0
X           14,400 0 0
















1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 2,304,173 2,478,854 552,761
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet9
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
Kaplan Hecker Fink LLP,
350 Fifth Avenue Suite 7110
NEW YORK,NY10118
Legal Services 332,309
GODFREY KAHN SC,
833 E MICHGAN STE 1800
MILWAUKEE,WI532025615
LEGAL SERVICES 364,403
BROWNSTEIN HYATT FARBER SCHRECK LLP,
410 17TH STE 2200
DENVER,CO80202
LEGAL SERVICES 125,311
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet3
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f  
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......MediumBullet 0
 Program Service RevenueAmt Business Code
2a COLLECTIONS & REHABILITATIONS 900099 372,860,581 372,860,581    
b ACCOUNT MAINTENANCE FEES 900099 29,323,285 29,323,285    
c DEFAULT AVERSION FEES 900099 36,246,434 36,246,434    
d COLLEGE COST METER FEES 900099 227,929 227,929    
e COHORT CATALYST FEES 900099 349,163 349,163    
f All other program service revenue. 161,159 161,159    
g Total. Add lines 2a–2f .....MediumBullet 439,168,551
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 43,969     43,969
4 Income from investment of tax-exempt bond proceedsMediumBullet 0      
5 Royalties...........MediumBullet 0      
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss) 0 0 6c
d Net rental income or (loss).......MediumBullet 0      
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 65,349   7a
b Less: cost or other basis and sales expenses 71,076   7b
c Gain or (loss) -5,727   7c
d Net gain or (loss).........MediumBullet -5,727      
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a 0
b Less: direct expenses ... 8b 0
c Net income or (loss) from fundraising events..MediumBullet 0    
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a 0
b Less: direct expenses ... 9b 0
c Net income or (loss) from gaming activities..MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances ..
10a 0
b Less: cost of goods sold .. 10b 0
c Net income or (loss) from sales of inventory..MediumBullet 0      
Business Code Miscellaneous Revenue
11a CONT AFFL CONS FV ADJ 900099 17,275,635 17,275,635    
b AES/FL CONTRACT 900099 7,283,395     7,283,395
c GUAR MISC. INCOME 900099 3,523,646 3,523,646    
d All other revenue .... 19,734 19,734    
e Total. Add lines 11a–11d ...... MediumBullet 28,102,410
12 Total revenue. See instructions.....MediumBullet 467,309,203 459,987,566   7,327,364
Form 990 (2021)
Form 990 (2021)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 106,754,205 106,754,205
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 503,540 503,540
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 0  
4 Benefits paid to or for members ....... 0  
5 Compensation of current officers, directors, trustees, and key employees ........... 2,079,737 1,499,059 580,678  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 0      
7 Other salaries and wages........ 11,602,248 11,520,462 81,786  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 988,054 981,088 6,966  
9 Other employee benefits ....... 2,423,620 2,406,592 17,028  
10 Payroll taxes ........... 762,174 756,802 5,372  
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 891,715   891,715  
c Accounting ........... 42,260   42,260  
d Lobbying ........... 0      
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 707 707    
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 884,648 884,648    
12 Advertising and promotion .... 262,328 262,328    
13 Office expenses ....... 1,141,291 1,141,291    
14 Information technology ...... 0      
15 Royalties .. 0      
16 Occupancy ........... 221,925 221,925    
17 Travel ............ 57,134 51,663 5,471  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0      
19 Conferences, conventions, and meetings .... 47,853 47,853    
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization .. 785 785    
23 Insurance ... 6,980 6,980    
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a COLLECTION FEES 41,093,598 41,093,598    
b CORP SUPPORT FUNC ALLOCATION 27,344,032 4,708,234 22,635,798  
c ICSAC CONTRACT EXPENSE 3,517,180 3,517,180    
d DISCOUNT REHAB LOAN 1,446,360 1,446,360    
e All other expenses 2,724,058 2,724,058    
25 Total functional expenses. Add lines 1 through 24e 204,796,432 180,529,358 24,267,074 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2021)
Form 990 (2021)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 9,959 1 65,379
2 Savings and temporary cash investments ......... 189,426,977 2 57,158,558
3 Pledges and grants receivable, net ...... 0 3 0
4 Accounts receivable, net ............. 8,669,814 4 6,443,429
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 0 7 0
8 Inventories for sale or use ............ 0 8 0
9 Prepaid expenses and deferred charges ...... 2,113,578 9 2,299,348
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 184,663
b Less: accumulated depreciation 10b 60,932 166,704 10c 123,731
11 Investments—publicly traded securities . 7,300,498 11 595,563
12 Investments—other securities. See Part IV, line 11 ..... 0 12 0
13 Investments—program-related. See Part IV, line 11 .. 0 13 0
14 Intangible assets ............... 70,666,668 14 35,333,333
15 Other assets. See Part IV, line 11 ........... 9,790,111 15 68,888,023
16 Total assets. Add lines 1 through 15 (must equal line 33)... 288,144,309 16 170,907,364
Liabilities 17 Accounts payable and accrued expenses ..... 9,309,508 17 8,269,896
18 Grants payable ... 13,970,321 18 13,075,332
19 Deferred revenue ......... 12,229,057 19 9,538,096
20 Tax-exempt bond liabilities ......... 0 20 0
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21 0
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 0 23 0
24 Unsecured notes and loans payable to unrelated third parties .. 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 148,459,048 25 73,344,750
26 Total liabilities. Add lines 17 through 25.. 183,967,934 26 104,228,074
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 104,176,375 27 66,679,290
28 Net assets with donor restrictions ........... 0 28 0
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 104,176,375 32 66,679,290
33 Total liabilities and net assets/fund balances ........ 288,144,309 33 170,907,364
Form 990 (2021)
Form 990 (2021)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
467,309,203
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
204,796,432
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
262,512,771
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
104,176,375
5
Net unrealized gains (losses) on investments ...............
5
-9,856
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-300,000,000
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
66,679,290
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2021)
Form 990 (2021)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..  
6 Public support. Subtract line 5 from line 4.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10  
12
12
 
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . 45,331 0 0 0 0 45,331
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose 212,778,961 203,909,208 487,441,800 389,231,175 439,168,551 1,732,529,695
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....           0
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...           0
5 The value of services or facilities furnished by a governmental unit to the organization without charge           0
6 Total. Add lines 1 through 5 212,824,292 203,909,208 487,441,800 389,231,175 439,168,551 1,732,575,026
7a Amounts included on lines 1, 2, and 3 received from disqualified persons           0
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.           0
c Add lines 7a and 7b..           0
8 Public support. (Subtract line 7c from line 6.) 1,732,575,026
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
9 Amounts from line 6... 212,824,292 203,909,208 487,441,800 389,231,175 439,168,551 1,732,575,026
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 4,667,442 9,782,834 15,018,737 914,737 43,969 30,427,719
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.           0
c Add lines 10a and 10b. 4,667,442 9,782,834 15,018,737 914,737 43,969 30,427,719
11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.           0
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. 7,589,259 9,112,087 8,827,798 37,134,176 28,102,410 90,765,730
13 Total support. (Add lines 9, 10c, 11, and 12.).. 225,080,993 222,804,129 511,288,335 427,280,088 467,314,930 1,853,768,475
14
Section C. Computation of Public Support Percentage
15
15
93.462 %
16
16
93.523 %
Section D. Computation of Investment Income Percentage
17
17
1.641 %
18
18
2.075 %
19a
b
20
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity
2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI
). See instructions
8  
9 Distributable amount for 2021 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions
(ii)
Underdistributions
Pre-2021
(iii)
Distributable
Amount for 2021
1 Distributable amount for 2021 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2021:
a From 2016.......  
b From 2017.......  
c From 2018.......  
d From 2019.......  
e From 2020.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2021 distributable amount  
i Carryover from 2016 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2021 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2021 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2021, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.
 
6 Remaining underdistributions for 2021. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.
 
7 Excess distributions carryover to 2022. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2017.....  
b Excess from 2018.....  
c Excess from 2019.....  
d Excess from 2020.....  
e Excess from 2021.....  
Schedule A (Form 990) (2021)

Schedule A (Form 990) 2021
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A, Part III, Section B, Line 12 - Other Income Per Year Reported *2017 - $7,589,259 Missouri Dept. of Higher Education Contr & Misc. Rev *2018 - $9,112,087 Missouri Dept. of Higher Education Contr & Misc. Rev *2019 - $8,827,798 Missouri Dept. of Higher Education Contr & Misc. Rev *2020 - $8,775,790 Missouri Dept. of Higher Education Contr & Misc Rev *2020 - $28,358,386 - Cont Affl Consideration FV Adj *2021 - $28,102,410 - Cont Affl Consideration FV Adj & Misc. Rev
Schedule A (Form 990) 2021


Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c 281,935,994
d Additions during the year ............................ 1d 201,344,964
e Distributions during the year .......................... 1e 545,252,119
f Ending balance ................................ 1f -61,971,161
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ...
         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Term endowment SchDMd Bullet  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment)
(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements        
d Equipment ....   169,163 49,307 119,856
e Other .....   15,568 11,625 3,875
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 123,731
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)
(b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)IC & OTHER RECEIVABLES 8,543,712
(2)ACCRUED INTEREST RECEIVABLE 4,558,638
(3)COMPENSATION PLAN ASSETS 2,267
(4)DUE FROM SERVICER 55,783,406
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet 68,888,023
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes 0
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 73,344,750
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Form 990, Part IV, Line 9 and Schedule D, Part IV One aspect of the full-range guaranty services is to provide collection assistance to lenders for delinquent loans. This includes contacting the borrower to attempt to restore the loan to a current status through various options. This contact also involves educating and/or counseling borrowers. In addition, Ascendium Education Solutions, Inc. provides direct support of personal financial management education, financial aid awareness and college access initiatives, and guidance and counsel on consolidation loans and loan rehabilitation under the Federal Higher Education Act of 1965,as amended.
Schedule D, Part IV, Line 1B CUSTODIAL ACCOUNT: ASCENDIUM EDUCATION SOLUTIONS, INC.(SOLUTIONS) CONDUCTS ACTIVITY RELATED TO THE GUARANTEE OF STUDENT LOANS MADE TO POST-SECONDARY EDUCATION STUDENTS AND TO THEIR PARENTS IN ACCORDANCE WITH THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (PROGRAM) ESTABLISHED BY TITLE IV, PART B OF THE FEDERAL HIGHER EDUCATION ACT OF 1965, AS AMENDED, AND THE ADMINISTRATION OF CERTAIN NET ASSETS OF THE PROGRAM. THE HIGHER EDUCATION AMENDMENTS OF 1998 (1998 AMENDMENTS) WERE ENACTED ON OCTOBER 7, 1998, WITH AN EFFECTIVE DATE OF OCTOBER 1, 1998.PURSUANT TO THE 1998 AMENDMENTS,SOLUTIONS ESTABLISHED A FEDERAL STUDENT LOAN RESERVE FUND (FSLRF) TO ACCOUNT FOR PROGRAM ACTIVITIES. THE FSLRF ASSETS AND EARNINGS ON THOSE ASSETS ARE THE PROPERTY OF THE FEDERAL GOVERNMENT. SINCE THE FSLRF ASSETS ARE THE PROPERTY OF THE UNITED STATES GOVERNMENT, THE ACCOUNTS AND ACTIVITIES OF THE FSLRF ARE NOT INCLUDED IN THE SOLUTIONS FORM 990, PART X. SOLUTIONS EXERCISES THE LEVEL OF CARE REQUIRED OF A FIDUCIARY CHARGED WITH THE DUTY OF PROTECTING, INVESTING AND ADMINISTERING THESE ASSETS.
Schedule D (Form 990) 2021


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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number
39-1853833
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC section
(if applicable)
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
noncash assistance
(h) Purpose of grant
or assistance
(1) Boys and Girls Club of Dane County
2001 Taft Street
Madison,WI53713
39-1925617 501(c)(3) 250,000       AVID/TOPS Program support
(2) Council for Opportunity in Education
1025 Vermont Avenue
NW Suite 900
WASHINGTON,DC20005
52-1221301 501(c)(3) 20,000       Annual Awards Dinner 9/13/2021
(3) Lac Courte Oreilles Ojibwa Community College
13466 W Trepania Road
Hayward,WI54843
39-1453493 501(c)(3) 29,684       PS Emergency Aid Paid Internship Program
(4) Scholarship America Inc
One Scholarship Way
St Peter,MN56082
04-2296967 501(c)(3) 13,000       PS Ptnr Grant 2020-2022
(5) United Way of Dane County
2059 Atwood Avenue
Madison,WI53704
39-0817532 501(c)(3) 62,000       Matching Grant - United for our Communities Loaned executive
(6) Grantmakers for Education
720 SW Washington Street
Suite 605
Portland,OR97205
33-0919329 501(c)(3) 93,250       ED Conf and Mmbrshp
(7) National College Attainment Network
1001 Connecticut Ave
Washington,DC20036
31-1793562 501(c)(3) 63,625       NACN Membership, summer melt texting, Grant, Rebuilding for Postsecondary Equity: Rising to the Challenge 10/05/2021-10/07/2021
(8) Vera Court Neighborood Center Inc
614 Vera Court
Madison,WI537041938
39-1945609 501(c)(3) 61,834       Good Neighbor Grant c/o Latino Academy of Workforce Development
(9) University of Wisconsin System
780 Regent Street Suite 255
UW Madison
Madison,WI53715
39-1805963 501(C)(3) 150,000       Optimizing Delivery Systems for Higher Education in Prison
(10) MDRC
16 East 34th Street
New York,NY10016
23-7379473 501(c)(3) 406,093       Capitalizing on Federal Momentum to Advance Postsecondary Student Success; Multiple Measures Assessment Phase II; Understanding Barriers to Refiling the FAFSA
(11) Association of Public & Land-Grant Universities
1307 New York Avenue NW Suite 400
Washington,DC20005
53-0183246 501(c)(3) 308,456       Data Fellows Program Pilot
(12) Excelencia in Education
1717 N St N W 2nd Fl
Washington,DC20036
20-0927912 501(c)(3) 259,200       Examples of Excelencia 10/28/2021 - 10/29/2021 Diana Natalicio-University of Texas at El Paso Book Project Institutional Transformation in Puerto Rico: Lessons Learned in Resiliency
(13) Madison Metropolitan School District
545 W Dayton Street
Madison,WI53703
39-6003202 State of WI 500,000       Early College STEM Academy
(14) Rector & Visitors of University of Virginia
1001 N Emmet Street
Charlottesville,VA229044195
54-6001796 501(c)(3) 204,000       Career Advising Tools and Outreach for Low-Income Graduates - Planning Phase
(15) Achieving The Dream Inc
8403 Colesville Rd
Silver Spring,MD209106355
27-1635830 501(c)(3) 857,186       Student Success Partner Grant, Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks
(16) Education Commission of the States
700 N Broadway
Suite 810
Denver,CO80203
31-0722194 501(c)(3) 575,000       Cataloguing and Understanding the Origins and Intents of Administrative Holds Strong Start to Finish Implementation & Innovation Fund
(17) Rand Corporation
1776 Main St
PO Box 2138
Santa Monica,CA904072138
95-1958142 501(c)(3) 420,400       Building Stackable Credential Pipelines that Support Equity and Provide Pathways
(18) Teachers College COLUMBIA UNIVERSITY
525 West 120th Street
New York,NY10027
13-1624202 501(c)(3) 1,666,709       Bringing to Scale and Measuring the Effects of Guided Pathways Reforms by Ohio's Community Colleges; Guided Pathways: "What and How To" Educational Series; Paving the Way to Equitable, Adequate, and Effective Community College Funding; Reporting of Postsecondary Education
(19) University of Texas at Austin
110 Inner Campus DR
STOP K5300
Austin,TX787121663
74-6000203 501(c)(3) 593,783       Moving Mathematics Pathways to Normative Practice in Arkansas
(20) Aaniiih Nakoda College
PO Box 159
Harlem,MT59526
81-0420980 501(c)(3) 25,154       Project Success Emergency Aid and Paid Internship Programs
(21) Aspen Institute Inc
One Dupont Cir NW
Washington,DC20036
84-0399006 501(c)(3) 1,911,225       Accelerating Transfer Reform; Researching and Awarding Excellence in Rural Community Colleges; Strengthening Guided Pathways through Workforce
(22) Bay Mills Community College
12214 W Lakeshore Dr
Brimley,MI49715
38-2604866 501(c)(3) 19,595       Project Success Emergency Aid and Paid Internship Program
(23) Blackfeet Community College
PO Box 819
Browning,MT59417
81-0378943 501(c)(3) 10,300       Project Success Emergency Aid and Paid Internship Program
(24) Cankdeska Cikana Community College
214 1st Ave
Fort Totten,ND58335
45-0350756 501(c)(3) 17,188       Project Success Emergency Aid Program
(25) Central State University
PO Box 1004
Wilberforce,OH45384
31-0675386 501(c)(3) 33,710       Emergency Aid, Paid Internship Program
(26) Chief Dull Knife College
PO Box 98
Lame Deer,MT59043
81-0351900 501(c)(3) 9,191       Paid Internship Program
(27) College of Menominee Nation
PO Box 1179 N172 Hwy 47/55
Keshena,WI54135
39-1773613 501(c)(3) 10,000       Emergency Aid
(28) College of the Muscogee Nation
PO Box 917
Okmulgee,OK74447
35-2357683 501(c)(3) 10,300       Project Success Emergency Aid and Paid Internship Program
(29) Community Partners
1000 N Alameda St
Los Angeles,CA90012
95-4302067 501(c)(3) 507,800       Practitioner Fellowships; Understanding the Landscape of Higher Education in Prison
(30) Dine College
PO Box C12
Tsaile,AZ86556
86-0215931 501(c)(3) 58,730       Project Success Emergency Aid and Paid Internship Program
(31) Fond Du Lac Tribal & Community College
30 Seventh Street East Suite 350
St Paul,MN551017804
41-1687554 501(c)(3) 96,260       Project Success Emergency Aid and Paid Internship Program
(32) Fort Peck Community College
PO Box 398
Poplar,MT59255
81-0374399 501(c)(3) 10,300       Project Success Emergency Aid Program
(33) Institute of American Indian Arts
PO Box 5310
Sante Fe,NM87502
85-0365964 501(c)(3) 42,146       Project Success Emergency Aid and Paid Internship Program
(34) Jobs For The Future Inc
88 Broad St 8th Floor
Boston,MA02110
06-1164568 501(c)(3) 2,881,684       Horizons: Designing Jobs for the Future Identification of a Signature Statewide Initiative in Wisconsin Ready for Pell Scaling the Student Success Center Network Coaching Program
(35) Leech Lake Tribal College
6945 Littlewolf Rd NW
Cass Lake,MN56633
75-3061667 501(c)(3) 11,300       Project Success Emergency Aid and Paid Internship Program
(36) Lincoln University
820 Chestnut St
Jefferson City,MO65102
44-6001089 501(c)(3) 49,627       Project Success Emergency Aid and Paid Internship Program
(37) Little Big Horn College
8645 S Weaver Dr
Crow Agency,MT59022
81-0331905 501(c)(3) 26,001       Project Success Emergency Aid and Paid Internship Program
(38) Little Priest Tribal College
601 E College Dr
Winnebago,NE68071
91-1849962 501(c)(3) 23,322       Project Success Emergency Aid and Paid Internship Program
(39) National Student Clearinghouse Research Ctr
2300 Dulles Station Blvd
Herndon,VA20171
27-1255674 501(C)(3) 1,083,700       Redesigning StudentTracker, Analysis of Post-COVID-19 Transfer Data - COVID-19 Response Fund
(40) Navajo Technical University
PO Box 849
Crownpoint,MN87313
85-0303705 501(c)(3) 77,290       Project Success Emergency Aid and Paid Internship Program
(41) Nebraska Indian Community College
1111 Hwy 75 PO Box 428
Macy,NE68039
47-0623553 501(c)(3) 10,800       Project Success Emergency Aid and Paid Internship Program
(42) Northwest Indian College
2522 Kwina Rd
Bellingham,WA98226
91-0905644 501(c)(3) 66,950       Project Success Emergency Aid and Paid Internship Program
(43) Nueta Hidatsa Sahnish College
220 College Dr
New Town,ND58763
45-0322990 501(c)(3) 13,898       Emergency Aid Program Project Success Paid Internship Program
(44) Oglala Lakota College
PO Box 490
Kyle,SD57752
23-7135915 501(c)(3) 18,883       Project Success Emergency Aid and Paid Internship Program
(45) Red Lake Nation College
PO Box 576
Red Lake,MN56671
26-3031521 501(c)(3) 44,633       Project Success Emergency Aid and Paid Internship Program
(46) Saginaw Chippewa Tribal College
7070 E Broadway
Mt Pleasant,MI48858
38-6178758 Tribal College 5,287       Project Success Emergency Aid Program
(47) Salish Kootenai College Inc
PO Box 70
Pablo,MT59855
81-0378823 501(c)(3) 53,237       Project Success Emergency Aid and Paid Internship Program
(48) Sisseton Wahpeton College
12572 BIA Hwy 700
Agency Village,SD57262
46-0357254 501(c)(3) 25,282       Project Success Emergency Aid and Paid Internship Program
(49) Sitting Bull College
9299 Hwy 24
Fort Yates,ND58538
23-7373765 501(c)(3) 22,326       Project Success Emergency Aid and Paid Internship Program
(50) Southwestern Indian Polytechnic Institute
9169 Coors Blvd NW PO Box 10146
Albuquergue,NM87184
85-0235298 501(c)(3) 30,131       Project Success Emergency Aid and Paid Internship Program
(51) State of Montana
2500 Broadway
Helena,MT59601
81-0302402 state of mt 500,000       College Access & Success Services
(52) Stone Child College
8294 Upper Box Elder Rd
Box Elder,MT59521
81-0420650 501(c)(3) 44,300       Project Success Emergency Aid and Paid Internship Program
(53) Turtle Mountain Community College
PO Box 340
Belcourt,ND58316
45-0323401 501(c)(3) 55,205       Project Success Emergency Aid and Paid Internship Program
(54) United Tribes Technical College
3315 University Dr
Bismark,ND58504
45-0314233 501(c)(3) 11,300       Project Success Emergency Aid and Paid Internship Program
(55) White Earth Tribal & Community College
2250 College Rd
Mahnomen,MN56557
41-1978247 501(c)(3) 21,598       Project Success Emergency Aid and Paid Internship Program
(56) Harris-Stowe State University
3026 Laclede Avenue
St Louis,MO63103
43-1166917 501(c)(3) 53,434       PS Pd Internship Program
(57) Ilisagvik College
PO Box 749
Barrow,AK99723
92-0158414 501(C)(3) 6,434       PS Pd Internship Program
(58) Iowa Department of Education
400 E 14th Street
Des Moines,IA503190146
90-0743434 IA Dept of ED 343,000       Optimizing Delivery Systems for Higher Education in Prison
(59) Philander Smith College
900 W Dalsey Bates Dr
Little Rock,AR72202
71-0239729 501(c)(3) 47,144       Project Success Emergency Aid Paid Internship Programs
(60) Shorter College
604 N Locust St
North Little Rock,AR72114
71-0350954 501(c)(3) 38,452       Project Success emergency Aid Paid Internship programs
(61) Vera Institute for Justice Inc
238 Broadway 12th Floor
New York,NY10279
13-1941627 501(c)(3) 550,000       Unlocking the Promise of Pell for Students in Prison
(62) University of Arkansas at Pine Bluff
1200 N University Dr
Pine Bluff,AR71601
71-9010030 501(c)(3) 97,463       Emergency Aid Paid Internship Programs
(63) WestEd
730 Harrison St
San Francisco,CA941071242
94-3233542 IRC 115(1) 60,822       Project Success Partner Grant 2020 - 2022
(64) Yes We Must Coalition
5 Coltsway
Wayland,MA01778
54-1439744 501(c)(3) 40,000       Supporting Postsecondary Education Membership Organizations
(65) American Assoc of State Colleges and Universities
1307 New York Avenue NW
Washington,DC20005
52-0747578 501(c)(3) 826,950       Provosts' Student success Network Supporting Postsecondary Education Membership Organizations and Networks
(66) Grantmakers for Effective Organizations
1310 L Street NW
Suite 650
Washington,DC20005
01-0669150 501(c)(3) 18,000       Membership 6/1/2021-5/31/2022
(67) Institute for Evidence Based Change
3711 Long Beach Blvd
Suite 5033
Long Beach,CA90807
26-3542835 501(c)(3) 648,282       Implementing and Evaluating Caring Campus Faculty Engagement
(68) Strada Education Network Inc
10 West Market
Suite 1100
Indianapolis,IN46204
47-3044430 501(c)(3) 66,090,349       support their philanthropic efforts pursuant to the December 6, 2016 transfer of ownership of United Student Aid Funds and Northwest Education Loan Association from USA Funds (now Strada) to Ascendium.
(69) Keweenay Bay Oijbwa Community College
PO Box 519
Baraga,MI49908
01-0678043 501(c)(3) 10,435       Emergency Aid Program and Paid Internship Program
(70) America Achieves Inc
16 34th Street FL 18
New York,NY10016
27-3238471 501(c)(3) 30,000       Scaling Education to Employment Solutions
(71) American Foreign Policy Council
509 C Street NE
Washingston,DC20002
52-1274529 501(c)(3) 375,000       Internship Program Cultivating Tomorrow's National Security and Foreign Policy Leaders
(72) ASIAN & PACIFIC ISLANDER AMERICAN SHOLARSHIP FUND
2025 M ST NW Ste 510
Washington,DC200363363
57-1192973 501(c)(3) 294,500       Native Hawaiian and Pacific Islander Research Capacity Building Initiative
(73) ASSOCIATION OF BLACK FOUNDATION EXECUTIVESINC
42 Broadway Floor 20
New York,NY10004
23-7156531 501(c)(3) 10,000       Membership ABFE 9/25/2021-9/24/2022
(74) BOYS AND GIRLS CLUB OF NOBLESVILLE
1700 Conner Street
Noblesville,IN46060
35-1054426 501(c)(3) 25,722       Unite for our Communities matching program Good Neighbor Grant
(75) COLERIDGE INITIATIVE INC
4511 Dalton
Chevy Chase,MD20815
83-0963735 501(c)(3) 175,348       Supporting a Multi-State Education-Workforce Data Infrastructure
(76) DVP-PRAXIS LTD
8888 Keystone Crossing
Ste 1300
Indianapolis,IN46240
20-3208500   155,000       Evaluation of Veterans Credentialing Pilot Initiative
(77) EDUCATION DESIGN LAB
1200 18TH St NW Ste 710
Washington,DC200362506
46-4248042 501(c)(3) 1,450,800       Catalyzing Rural Community Colleges Through a Design Challenge Community College Growth Engine Fund Expansion
(78) EDUCATION WRITERS ASSOCIATION
1825 K St NW Ste 200
Washington,DC200061220
23-7439790 501(c)(3) 40,000       Supporting Postsecondary Education Writers and Coverage
(79) INSTITUTE FOR NONPROFIT NEWS
714 W Olympic Blvd Ste 929
Los Angeles,CA900151353
27-2614911 501(c)(3) 275,000       National Reporting on Rural and Prison Higher Education
(80) ITHAKA HARBORS INC
101 Greenwich Street
New York,NY100060002
13-3857105 501(c)(3) 600,502       Horizons: JFF National Summit 5/7/2021 - 6/16/2021 Understanding Educational Space Needs in Prisons "
(81) KENTUCKY COMMUNITY AND TECHNICAL COLLEGE FOUNDATIO
300 N Main St
Versaillews,KY403831245
61-1351918 501(c)(3) 34,100       Implementing Competency-Based Education at Scale
(82) KENTUCKY STATE UNIVERSITY
400 E Main Street 4th Floor
Frankfort,KY406012334
61-1099712 501(c)(3) 69,200       Project Success Emergency Aid Program Project Success Paid Internship Program
(83) LEGAL ACTION OF WISCONSIN INC
230 West Wells St RM 800
Milwaukee,WI53203
39-1077192 501(c)(3) 88,500       Lawyers for Learners Program - Funding Expansion of the Tech College Student Legal Aid Program- Completion of the Project Milestones for Objective 1 & 2 (Months 1-12)
(84) LINCOLN UNIVERSITY OF PENNSYLVANIA
1570 Baltimore Pike
Lincoln University,PA191039141
23-1352655 501(c)(3) 69,650       Project Success Emergency Aid Program Project Success Paid Internship Program
(85) LOCAL INITIATIVES SUPPORT CORPORATION
28 Liberty Street 34th Floor
New York,NY10005
13-3030229 501(c)(3) 675,000       Building Pathways to Quality Jobs and Financial Security in Rural America Leveraging Arkansas Community Colleges to Support Economic Development
(86) NEW AMERICA FOUNDATION
740 15th St NW Ste 900
Washington,DC200051031
52-2096845 501(c)(3) 290,000       Community Colleges as Apprenticeship Intermediaries: Learning What Works
(87) NONVIOLENCE INSTITUTE
265 Oxford St
Providence,RI02905
05-0517863 501(c)(3) 14,375       Credit for Experience: Leveraging Prior Learning Assessments in Prison
(88) NORTHEAST SOUTH DAKOTA HEAD START
200 S Harrison St Ste 1
Aberdeen,SD57401
46-0395724 501(c)(3) 17,403       Unite for Our Communities Matching Grant
(89) OPERATION RESTORATION
PO Box 56894
New Orleans,LA70156
61-1791941 501(c)(3) 250,000       Expanding Access to Postsecondary Pathways in Louisiana State Prisons
(90) PEAK GRANTMAKING
1666 K Street NW 440
Washington,DC20006
74-3158155 501(c)(3) 11,250       PEAK Grantmaking Membership PEAK2021 (5/4/21-5/13/21)
(91) PHILANTHROPY WEST VIRGINA INC
PO Box 1584
Morgantown,WV26505
55-0721553 501(c)(3) 375,000       Launching West Virginia Climbs
(92) PRESIDENTS FORUM
2001 Pennsylvania Avenue NW Suite 1
Washington,DC20006
38-4127568 501(c)(3) 250,000       Learners First Convening Series: Creating Equitable Opportunities for Adult Learners 12/15/2021-12/30/2022
(93) ROCKEFELLER PHILANTHROPY ADVISORS INC
6 W 48th Street Fl 10
New York,NY100361802
13-3615533 501(c)(3) 250,000       College Promise Careers Institute & Expanding Ecosystems for Promise Student Support
(94) SOCIETY FOR RESEARCH ON EDUCATIONAL EFFECTIVENESS
1000 Thomas Jefferson Street NW
Washington,DC20007
26-4739791 501(c)(3) 55,710       Practitioner and Research Fellows
(95) SOVA SOLUTIONS LLC
1092 Pipestem PL
Potomac,MD208545510
81-4262208   50,000       Exploring the Role of Accreditors in Transfer Reform
(96) THE CHRONICLE OF HIGHER EDUCATION INC
1255 Twenty Third Street NW Ste 700
Washington,DC20037
52-1131774   645,000       Different voices of student success
(97) THE COLLEGE & COMMUNITY FELLOWSHIP INC
475 Riverside Dr Ste 1626
New York,NY101150038
31-1720017 501(c)(3) 401,840       Thrive Technical Assistance Program
(98) THURGOOD MARSHALL COLLEGE FUNDS INC
901 F Street NW No 700
Washington,DC200041436
41-1750692 501(c)(3) 143,000       HBCU Degree Completion Pilot
(99) UNITED NEGRO COLLEGE FUND INC
1805 7th Street NW
Washington,DC20001
13-1624241 501(c)(3) 741,663       Codifying Career Pathways Initiative Evaluating the HBCU Adult Learner Initiative
(100) UNIVERSITY OF MARYLAND GLOBAL CAMPUS
3501 University Blvd E
Adelphi,MD207837998
52-6002033 501(c)(3) 275,275       Community College Doctoral Program Redesign
(101) YWCA MADISON INC
101 E Mifflin Street Ste 100
Madison,WI53703
39-0806303 501(c)(3) 15,000       Good Neighbor Grant
(102) Pierce College
1420 Pine Street
Philadelphia,PA19102
23-1627436 501(C)(3) 33,400       PS Emergency Aid Program PS Pd Internship Program
(103) NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY
1110 VERMONT AVENUE
WASHINGTON,DC20005
53-0259954 501(c)(3) 1,007,000       NACUBO Strategically Financing Structures to Remove Barriers
(104) 100 BLACK MEN OF MADISON INC
PO BOX 787
MADISON,WI537010787
39-1803848 501(c)(3) 15,000       GOOD NEIGHBOR GRANT
(105) ABERDEEN FAMILY YMCA
55 STATE STREET
ABERDEEN,SD574014524
46-0255779 501(c)(3) 24,000       CORPORATE MATCH - TRIPLE YOUR IMPACT GOOD NEIGHBOR GRANT
(106) ACCESS COMMUNITY HEALTH CENTERS INC
2901 W/ BELTLINE HWY STE 120
MADISON,WI53713
39-1391134   9,375       Corporate Match - Triple Your Impact
(107) AMERICAN INSTITUTE FOR RESEARCH IN THE BEHAVIORAL
1400 CRYSTAL DR 10TH FLOOR
ARLINGTON,VA222023289
25-0965219 501(c)(3) 200,000       Assessing Quality and Equitable Access and Outcomes of Distance Postsecondary Courses for the Incarcerated
(108) APPALACHIAN PRISON BOOK PROJECT
PO BOX 601
MORGANTOWN,WV265070601
45-4090618 501(c)(3) 15,000       GOOD NEIGHBOR GRANT
(109) APPALACHIAN STATE UNIVERSITY
438 ACADEMY STREET
BOONE,NC286082043
56-1176030   428,000       Defining What It Means to Be a Rural-Serving Postsecondary Institution
(110) APPRENTI
1595 NW GILMAN BLVD SUITE 6B
ISSAQUAH,WA980275329
47-3951262 501(c)(3) 118,333       Creating Pathways to Mid-Level Tech Careers and Educational Opportunity
(111) ARKANSAS BAPTIST COLLEGE
1600 Dr Martin Luther King Jr Dr
Little Rock,AR722026073
71-0298658 501(c)(3) 10,150       Project Success Emergency Aid Program
(112) ARKANSAS STATE UNIVERSITY MID-SOUTH
2000 W Broadway St
West Memphis,AR723013829
71-0533838   106,700       Project Success Emergency Aid Program Project Success Paid Internship Program
(113) ASSOCIATION FOR THE STUDY OF HIGHER EDUCATION
4505 S Maryland Pkwy
Las Vegas,NV89154
52-1071242 501(c)(3) 33,850       ASHE Annual Conference 11/3/2021-11/6/2021
(114) BIG BROTHERS AND BIG SISTERS OF DANE COUNTY INC
2059 Atwood Avenue 2
Madison,WI89154
39-1077783 501(c)(3) 15,300       Triple your impact - Corporate Match Good Neighbor Grant
(115) BLUEFIELD STATE COLLEGE
219 Rock Street
Bluefield,WV24701
55-6000751 501(c)(3) 108,400       Project Success Emergency Aid Program Project Success Paid Internship Program
(116) BOX OF BALLOONS
C/O Cate Venzuela
3506 Country Grove Dr
Madison,WI537195068
46-4826289 501(c)(3) 10,975       Dollars for Doers 2021 Donation
(117) BRIARPATCH YOUTH SERVICES INC
2720 Rimrock Rd
Madison,WI537133337
39-1391737 501(c)(3) 15,000       Good Neighbor Grant
(118) CAMPAIGN FOR COLLEGE OPPORTUNITY
149 S Hill St Suite 925
Los Angeles,CA900154368
20-0427622 501(c)(3) 325,000       Strengthening Implementation of Equitable Placement Policy Reform at Community Colleges
(119) CENTER ON RURAL INNOVATION INC
PO Box 392
Hartland,VT050480392
82-4508477 501(c)(3) 403,100       Exploring Pathways to Sustainable Digital Employment in Rural Communities
(120) CENTRO HISPANO INC
810 W Badger Rd
Madison,WI537132527
93-0844812 501(c)(3) 15,000       Good Neighbor Grant
(121) CHILIMANIA INC
1007 N Main St
Edgerton,WI535341325
75-3088121 501(c)(3) 19,625       Triple Your Impact Dollars for Doers 2021
(122) COLLEGE GOAL WISCONSIN
625 Stewart Avenue
Wausau,WI54401
81-3509136 501(c)(3) 7,500       College Goal Wisconsin Fall Event 7/1/2021-11/30/2021
(123) COLORADO STATE UNIVERSITY
6003 Campus Delivery
Fort Collins,CO805236003
84-6000545   694,050       Curricular Analytics
(124) COLUMBUS LEARNING CTR MGMT CORP
4555 Central Avenue
Columbus,IN472031893
35-2120567   425,000       Building Rural Community Learning Systems
(125) COMMUNITY COLLEGES OF THE APPALACHIAN REGION
PO Box 587
Pendelton,SC296700587
47-2240289 501(c)(3) 270,800       Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks
(126) COMMUNITY SHARES OF WISCONSIN
612 W Main St 200
Madison,WI53703
39-1172378   50,000       Unite for our Communities
(127) COMPETENCY BASED EDUCATION NETWORK INC
1417 Hanson Dr
Franklin,TN370678668
82-1307652 501(c)(3) 15,000       CBExchange Conference 11/9/2021 - 11/12/2021
(128) COMPLETE COLLEGE AMERICA INC
350 Massachusetts Avenue Suite 300
Indianapolis,IN462042271
26-4789471 501(c)(3) 540,500       Equity and Policy Alignment to Drive Student Graduation Rates and Close Attainment Gaps?
(129) CONSORTIUM OF UNIVERSITIES OF THE WASHINGTON METRO
1020 19th St NW Ste 500
Washington,DC200366122
52-0847610   300,000       Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks
(130) CORNELL UNIVERSITY
341 Pine Tree Road
Ithaca,NY148502820
15-0532082 501(c)(3) 200,000       Education Justice Tracker
(131) EAST MADISON COMMUNITY CENTER INC
8 Straubel Ct
Madison,WI537044104
39-1941839 501(c)(3) 18,550       Dollars for Doers 2021 Good Neighbor Grant
(132) EDUCATION FIRST CONSULTING LLC
PO Box 22871
Seattle,WA981220871
26-0634492   150,000       Landscape Scan on the Role of Intermediaries in Rural Communities
(133) EDUCATIONCOUNSEL LLC
1320 Main Street 17th Fl
Columbia,SC292013268
57-0215445   20,000       Federal Higher Education Policy Learning Sessions 9/1/2021-12/31/2021 Support for Learning Session on Federal Higher Ed & Philanthropy Opportunities, June 2021 - 11/2021
(134) EXODUS REFUGEE IMMIGRATION INC
2457 E Washington Street Suite A
Indianapolis,IN462014182
35-1900090 501(c)(3) 15,000       Good Neighbor Grant
(135) FRIENDS OF THE UW ODYSSEY PROJECT INC
655 Crandall Street
Madison,WI537111836
27-1073291 501(c)(3) 15,000       Good Neighbor Grant
(136) GENERATION USA
1616 H St NW Ste 820
Washington,DC200064917
84-3357705 501(c)(3) 550,000       Scaling Community College Partnerships to Expand Access to Technology Careers
(137) GEORGETOWN UNIVERSITY
37th O St NW
Washington,DC20057
53-0196603   221,300       Expansion of the Good Jobs Project
(138) GOODMAN CENTER
214 Waubesa St
Madison,WI53704
39-1919172   15,000       Good Neighbor Grant
(139) GREATER MADISON CHAMBER OF COMMERCE INC
PO Box 71
Madison,WI537010071
39-0843590   6,162       68th Annual Dinner -Gold Sponsor, 10/20/21
(140) GREEN VALLEY ENTERPRISES INC
1223 Madison St
Beaver Dam,WI539162629
39-1097670 501(c)(3) 15,000       Good Neighbor Grant
(141) JEREMIAH PROGRAM
615 1st Ave NE Suite 210
Minneapolis,MN554132982
41-1801834 501(c)(3) 15,000       Good Neighbor Grant
(142) JUSTDANE
2115 s pARK sTREET
S Park Street
Madison,WI537131219
23-7298482 501(c)(3) 55,100       Dollars for Doers 2021 Just Bakery Hospitality Management Training Track
(143) KENT STATE UNIVERSITY FOUNDATION INC
350 South Lincoln St
Kent,OH442420001
34-6576307 501(c)(3) 439,564       Development of a Comprehensive Transfer Blueprint
(144) LA VALLE FIRE RESCUE ASSOCIATION INC
101 W Main St
LaValle,WI539419564
47-2744236 501(c)(3) 18,750       Triple your Impact
(145) LAUREN JOHNSON LOSE SOMEONE HELP SOMEONE MEMORIAL
1316 Mason Lane
Edmond,OK73034
82-2417684   18,950       Triple Your Impact Dollars for Doers-2021
(146) LEGAL SERVICES CORPORATION
3333 K Street NW 3rd FL
Washington,DC200073500
52-1039060 501(c)(3) 100,000       Legal Services Corp support Rural Justice Task Force
(147) LITERACY NETWORK INC
701 Dane St
Madison,WI537131900
51-0180488 501(c)(3) 24,375       Triple Your Impact Dollars for Doers
(148) MADISON PUBLIC LIBRARY FOUNDATION INC
201 W Mifflin St
Madison,WI537032597
39-1777242 501(c)(3) 15,000       Good Neighbor Grant
(149) MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 Massachusetts Ave
Cambridge,MA021394307
04-2103594 501(c)(3) 270,000       Massachusetts Prison Education Consortium Expansion
(150) MCFARLAND COMMUNITY FOOD PANTRY
PO Box 101
McFarland,WI53558
36-4613663 501(c)(3) 7,500       Triple Your Impact
(151) MERIT AMERICA
712 H Street NE Suite 1560
Washington,DC200023627
84-2108762 501(c)(3) 837,000       Assessing Training Success through Place-Based and Geographic-Agnostic Program Models
(152) MIDWESTERN HIGHER EDUCATION COMPACT
105 Fifth Ave South Ste 450
Minneapolis,MN554012555
38-3011476 501(c)(3) 765,200       Midwest Credential Transparency Alliance
(153) MINNESOTA STATE COLLEGES & UNIVERSITIES
30 7th St E Ste 350
St Paul,MN551017804
41-1687554   1,646,700       Minnesota Math Pathways
(154) NATIONAL RURAL EDUCATION ASSOCIATION
615 McCallie Ave Hunter Hall 205
Chattanooga,TN347032504
23-7033384 501(c)(3) 80,000       Practitioner Fellowships Raising Rural Grand Challenge Framework
(155) NEW VENTURE FUND
1828 L Street NW Suite 300-A
Washington,DC200365104
20-5806345 501(c)(3) 1,155,000       Continuation of a Learning Community of Rural Community College Leaders NCII Impact Fund - Rural Guided Pathways
(156) NIAGARA AREA CITIZENS SCHOLARSHIP FOUNDATION INC
C/O Niagara Schools
1250 Roosevelt RD
Niagara,WI541511034
46-4834488   15,750       Triple Your Impact
(157) NORTH CAROLINA STATE UNIVERSITY
Campus Box 7502
Raleigh,NC276957205
56-6000756   524,200       Advancing Equitable Outcomes through Leadership
(158) OPERATION FRESH START INC
2670 Milwaukee St
Madison,WI537045120
23-7108090   150,228       Dollars for Doers Operation Fresh Start Gala Event 9/30/2021 - 9/30/2021
(159) PARTNERSHIP FOR COLLEGE COMPLETION
200 S Michigan Ave Suite 1410
Chicago,IL606042459
81-3500697 501(c)(3) 255,000       Building Capacity Across Illinois to Scale Corequisite Supports Academic Planning Tool Pilot
(160) PARTNERSHIP FOR EDUCATION ADVANCEMENT
601 Lexington Ave FL 17
New York,NY100224662
83-1400442 501(c)(3) 584,775       Academic Planning Tool Pilot
(161) PORCHLIGHT INC
306 N Brooks St
Madison,WI537151082
39-1579521 501(c)(3) 15,450       Triple Your Impact Good Neighbor Grant
(162) RUBIN FOR KIDS INC
PO Box 1405
Madison,WI537011405
39-1829020 501(c)(3) 15,000       Good Neighbor Grant
(163) SACRED HEARTS OF JESUS & MARY SCHOOL
219 Columbus St
Sun Prairie,WI539602202
  10,500       Triple Your Impact
(164) SEACHANGE CAPITAL PARTNERS INC
155 E 44th St Fl 6
New York,NY100174100
20-5124665   173,500       Transformational Partnership Fund
(165) SECOND CHANCE EDUCATIONAL ALLIANCE INC
100 Pearl Street 14th Fl
Hartford,CT061034500
81-1725510 501(c)(3) 87,500       Optimizing Delivery Systems for Higher Education in Prison Evaluation
(166) SOUTHERN REGIONAL EDUCATION BOARD
592 10th St NW
Atlanta,GA303185776
58-0566141 501(c)(3) 30,000       Convening a Student Success Advisory Council 7/1/2021-6/30/2022
(167) St Dennis School
409 Dempsey Rd
Madison,WI53714
  9,000       Triple Your Impact
(168) TEAM PENNSYLVANIA FOUNDATION
240 North Third Street 2nd FL
Harrisburg,PA171011503
23-2876177 501(c)(3) 73,300       Next Generation Sector Partnerships National Benchmarking & Rural Affinity Group
(169) THE CONFERENCE BOARD INC
845 3rd Avenue
New York,NY100226600
13-1624108 501(c)(3) 50,000       Upskilling Rural Americans in a Post-pandemic Economy
(170) THE FOUNDATION FOR MAINE'S COMMUNITY COLLEGES
54 Lighthouse Circle
South Portland,ME041061661
27-1363414 501(c)(3) 225,800       Training Low-Income Workers for Remote Opportuniti
(171) THE INSTITUTE FOR EDUCATIONAL LEADERSHIP INC
4301 Connecticut Ave NW Ste 100
Washington,DC200082304
52-1198450 501(c)(3) 50,000       Co-Designing Equitable Pathways in Appalachia
(172) THE RIGHT RELIEF INC
N82W16400 Lavergne Ct
Menomonee Falls,WI53051
84-3197504 501(c)(3) 18,000       Triple Your Impact
(173) THE URBAN INSTITUTE
500 Lenfant Plaza SW
Washington,DC200242274
52-0880375 501(c)(3) 737,000       Workforce Aligned Postsecondary Education: Understanding the Way Forward
(174) TRINITY LUTHERAN SCHOOL
923 S Dakota St
Aberdeen,SD574016362
34-4613663 501(c)(3) 9,000       Triple Your Impact
(175) UNIVERSITY OF WASHINGTON
4300 Roosevelt Way NE Suite 300
Seattle,WA981054718
91-6001537   310,045       STEM Transfer Partnerships
(176) UNIVERSITY OF THE VIRGIN ISLANDS
2 John Brewers Bay
St Thomas,VI008026004
66-0432514 501(c)(3) 106,700       Project Success Emergency Aid Program Project Success Paid Internship Program
(177) UNIVERSITY OF WISCONSIN FOUNDATIO
1848 University Ave
Madison,WI537264090
39-0743975 501(c)(3) 7,500       Triple Your Impact
(178) URBAN LEAGUE OF GREATER MADISON INC
2222 S Park St Ste 200
Madison,WI537132168
39-1098146 501(c)(3) 140,900       Good Neighbor Grant Advance Employment Services Ascendium Corporate Match - Triple Your Impact
(179) WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC
PO Box 1000
Institute,WV251121000
55-6019228   108,400       Project Success Emergency Aid Program Project Success Paid Internship Program
(180) WISCONSIN PHILANTHROPY NETWORK
15850 W Bluemound Rd Ste 204
Brookfield,WI530056007
39-6236498 501(c)(3) 7,925       Virtual Statewide Conference on Philanthropy 11/03/2021-11/04/2021 Wisconsin Philanthropy Network Membership (3/12/2021 - 3/12/2022)
(181) WISCONSIN TECHNICAL COLLEGE SYSTEM BOARD
4622 University Avenue
Madison,WI537077874
39-6006494   150,000       Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
163
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
18
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2021

Schedule I (Form 990) 2021
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1) Jim Elliott Apprentice Scholarship 20 30,000      
(2) Tools of the Trade Scholarship 231 343,500      
(3) Project Success 27196 61,790      
(4) MICHAEL LEVIN-EPSTEIN / Rural Matters Podcast 1 32,000      
(5) EMPLOYEE DEPENDENT SCHOLARSHIP PROGRAM 19 36,250      
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Form 990, Schedule I - Part I, Line 2 Description of Organization's Procedures for Monitoring the use of Grants in the United States: Ascendium Education Solutions, Inc. (SOLUTIONS) receives periodic reports from funded programs to determine whether the program is successfully meeting its goals and objectives, and whether the provided funds were appropriately expended. SOLUTIONS's staff conducts site visits to college access supported programs to observe the program. Where practicable, the disbursements are scheduled to coincide with program activities.
Form 990, Schedule I - Part III, Line 1 The Jim Elliott Apprentice Scholarship program is to benefit construction trade apprentices, to be applied toward the cost of tuition books, work clothes and tools. The recipients were determined based on criteria defined by the program and no individual recipient receives more than $1,500 per year.
Form 990, Schedule I - Part III, Line 2 Tools of the Trade Apprentice Scholarship program to benefit construction and industrial trade apprentices ,to be applied toward the cost of tuition, books, work clothes and tools. The recipients were determined based on criteria defined by the program and no individual recipient receives more than $1,500 per year.
Form 990, Schedule I - Part III, Line 3 The Project Success Program provides a wide array of services and support to increase completion rates and decrease cohort default rates at minority-service institutions. The recipients were determined based on criteria defined by the program. Services were contracted to provide for monitoring of the contract performance. The monitoring will include analysis and compliance of all progress reports, assessment of quality assurance through administration of college surveys, and an overall assessment of the Project Success Program.
Form 990, Schedule I - Part III, Line 4 Provided grant for recipient to conduct a Rural Matters Podcast.
Form 990, Schedule I - Part III, Line 5 ASCENDIUM GROUP INC. UTILIZES A THOROUGH APPLICATION PROCESS TO PROVIDE SCHOLARSHIPS TO WORTHY STUDENTS USING THE APPLICATION POOL OF ITS EMPLOYEE'S DEPENDENTS. THE SCHOLARSHIPS ARE AWARDED TO THE STUDENTS AND PAID ON THEIR BEHALF TO THE UNIVERSITIES THEY ATTEND.
Schedule I (Form 990) 2021



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits
(E) Total of columns
(B)(i)-(D)
(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation
(ii) Bonus & incentive
compensation
(iii) Other reportable compensation
1Richard D George 23
Chair/Treas
(i)

(ii)
 
-------------
395,096
 
-------------
450,015
 
-------------
3,665
 
-------------
17,600
 
-------------
33,554
 
-------------
899,930
 
-------------
 
2Hope Merry 3
Chief Financial Officer
(i)

(ii)
 
-------------
229,104
 
-------------
170,000
 
-------------
464
 
-------------
17,317
 
-------------
28,731
 
-------------
445,616
 
-------------
 
3Jeff Crosby 3
PRES/CEO-AES
(i)

(ii)
295,288
-------------
 
225,000
-------------
 
1,316
-------------
 
17,648
-------------
 
25,211
-------------
 
564,463
-------------
 
 
-------------
 
4Rebecca Rapp 3
Gen Cnsl, CHF PRVCY, ASST SEC
(i)

(ii)
 
-------------
144,972
 
-------------
140,015
 
-------------
1,793
 
-------------
17,314
 
-------------
23,610
 
-------------
327,704
 
-------------
 
5Maureen Harrill 3
VP - Human Resources
(i)

(ii)
 
-------------
130,888
 
-------------
85,000
 
-------------
3,444
 
-------------
15,109
 
-------------
24,311
 
-------------
258,752
 
-------------
 
6Brian Kobishop 3
VP - IT/Security/Logistics
(i)

(ii)
 
-------------
53,455
 
-------------
115,000
 
-------------
311
 
-------------
8,362
 
-------------
961
 
-------------
178,089
 
-------------
 
7Amy Kobishop 3
VP - Education Philanthropy
(i)

(ii)
143,822
-------------
 
140,000
-------------
 
704
-------------
 
12,575
-------------
 
23,920
-------------
 
321,021
-------------
 
 
-------------
 
8Beth Erickson 3
VP - Repayment Solutions
(i)

(ii)
153,012
-------------
 
145,000
-------------
 
2,753
-------------
 
17,763
-------------
 
14,687
-------------
 
333,215
-------------
 
 
-------------
 
9Brett Lindquist 3
VP - Strategic Communications
(i)

(ii)
 
-------------
137,010
 
-------------
135,000
 
-------------
700
 
-------------
15,969
 
-------------
34,262
 
-------------
322,941
 
-------------
 
10Jacqueline Fairbairn 3
VP - POLICY & REG COMPLIANCE
(i)

(ii)
147,125
-------------
 
150,000
-------------
 
1,329
-------------
 
17,921
-------------
 
34,173
-------------
 
350,548
-------------
 
 
-------------
 
11Matthew Harlowe 3
Director Internal Audit
(i)

(ii)
 
-------------
143,356
 
-------------
90,000
 
-------------
266
 
-------------
15,721
 
-------------
9,182
 
-------------
258,525
 
-------------
 
12Jeffrey Dick 3
Systems Analyst
(i)

(ii)
156,768
-------------
 
10,206
-------------
 
697
-------------
 
13,004
-------------
 
27,930
-------------
 
208,605
-------------
 
 
-------------
 
13Caralyn Hansen 3
Attigo Sr Mktg Strategist
(i)

(ii)
130,957
-------------
 
6,310
-------------
 
1,129
-------------
 
11,487
-------------
 
1,029
-------------
 
150,912
-------------
 
 
-------------
 
14Rebecca Villarreal 3
Dir Education Philanthropy
(i)

(ii)
171,067
-------------
 
27,156
-------------
 
8,255
-------------
 
12,056
-------------
 
17,896
-------------
 
236,430
-------------
 
 
-------------
 
15Barbara Wilhelm 3
Director - Claims Review
(i)

(ii)
147,556
-------------
 
7,929
-------------
 
3,810
-------------
 
11,373
-------------
 
15,159
-------------
 
185,827
-------------
 
 
-------------
 
16Bethany Miller
Deputy Dir - Learning & Imp
(i)

(ii)
150,850
-------------
 
5,000
-------------
 
10,934
-------------
 
6,180
-------------
 
10,746
-------------
 
183,710
-------------
 
 
-------------
 
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J (Form 990) 2021

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2021
Schedule L (Form 990) 2021
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) Ascendium Education Group Inc Contrl Ent/ Officer Overlap 596,246 Intercompany Reimb to Group   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2021


Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Return Reference Explanation
Form 990, Part VI, Question 6 & 7A Ascendium Education Group Inc.(GROUP), a nonprofit 501(c)(3) corporation, is the sole member of Ascendium Education Solutions, Inc. (SOLUTIONS). By authority granted in SOLUTIONS's adopted Articles of Incorporation, GROUP as the sole member, appoints SOLUTIONS's Board members.
Form 990, Part VI, Question 7b Ascendium Education Group, Inc. (GROUP), a nonprofit 501(c)(3) corporation, as sole member of Ascendium Education Solutions, Inc.(SOLUTIONS), has the authority provided by Wis. Stats. Chapter 181 to approve certain actions related to merger, conversion, sale of assets and dissolution.
Form 990, Part VI, Question 11B On an annual basis, the Chairman of the Board, President and CEO, the Audit Committee and Board review the Form 990 prior to filing. The conflicts of interest questionnaires are completed by each director and reviewed prior to filing the Form 990.
Form 990, Part VI, Question 12c Annually, directors and officers sign a conflict of interest document which discloses any conflicts. The signed documents are reviewed annually by the chairman of the board. If a disclosed conflict occurs, the individual abstains from discussion and voting on topics where a conflict of interest exists. All directors, officers and employees are subject to the Human Resources Code of Ethics to maintain the highest ethical and legal standards of business conduct.
Form 990, Part VI, Question 15A & 15B THE COMPENSATION OF THE CEO AND ALL OF THE OFFICERS IS DETERMINED ANNUALLY BY THE PERSONNEL POLICY COMMITTEE OF THE BOARD OF DIRECTORS. THE CEO IS ROUTINELY EXCUSED AND ABSTAINS FROM DISCUSSION AND/OR VOTING ON ANY MATTERS RELATED TO HIS OWN COMPENSATION AND BENEFITS. THE PERSONNEL POLICY COMMITTEE'S REPORT IS SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. EVERY TWO TO THREE YEARS, AN INDEPENDENT COMPENSATION STUDY IS PERFORMED.
Form 990, Part VII, Section A, Line 1a (1) Directors normally attend 3-4 board meetings and 3-4 committee meetings per year in addition to telephonic conferences and individual meetings with officers. Directors devote an average of 1-3 hours per week to their position(s). (2) Inside directors are not eligible for Board compensation. (3) Non-operating officer position not separately compensated.
Form 990, Part IX, Line 24b Costs are charged to the applicable managing area and then further allocated to supporting services and programs that each area supports. Costs are allocated to supporting services and programs based on estimates made by management, taking into account the nature of the expense and how it relates to the functional areas. Costs are typically allocated based on resources used or time and effort. 2021 allocations made from Ascendium Education Group, Inc. to Ascendium Education Solutions, Inc. are as follows: Ascendium Education Solutions, Inc. $27,344,032
Form 990, Part VI, Question 19 FEDERAL LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICY AVAILABLE. DOCUMENTS ARE AVAILABLE UPON SPECIFIC REQUEST.
Form 990, Part XI, Line 9 Operating fund contribution transfer to ($300,000,000) Ascendium Education Group, Inc. ______________ Total ($300,000,000)
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Ascendium Education Solutions Inc
 
Employer identification number

39-1853833
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Total income


(e)
End-of-year assets


(f)
Direct controlling
entity











Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Exempt Code section


(e)
Public charity status
(if section 501(c)(3))

(f)
Direct controlling
entity

(g)
Section 512(b)(13) controlled entity?
Yes No
(1)Ascendium Education Group Inc
38 Buttonwood Ct

Madison,WI53718
39-1090394
Stdnt Ln Svcs WI 501(c)(3) 12B Type II NA
 
 
No
(2)Northstar Guarantee Inc
38 Buttonwood Ct

Madison,WI53718
41-1689095
Stdt Rehab Ln MN 501(C)(3) 10 GROUP
 
Yes
 










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



(b)
Primary activity




(c)
Legal
domicile
(state or foreign
country)


(d)
Direct controlling
entity



(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




(g)
Share of end-of-year
assets



(h)
Disproprtionate allocations?




(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?



(k)
Percentage
ownership


Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes No
(1) NORTHSTAR EDUCATION SERVICES LLC

38 Buttonwood Ct
MADISON,WI53718
35-2626495
SERVICE WI GROUP
 
C CORP -2,702,048 4,321,311 100.000 % Yes  












Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1) ASCENDIUM EDUCATION GROUP INC

P & Q 27,344,032 ACTUAL COST





Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income




(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership


Yes No Yes No Yes No






























Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2021

Additional Data


Software ID:  
Software Version: