TY 2022 Form 990

(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)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) CYNTHIA WALSH - 1 DIRECTOR	3.0 ................. 0	X			19,400	0	0
(2) DAVID J HANSON - 1 DIRECTOR, SECRETARY	1.0 ................. 2.0	X			8,600	8,600	0
(3) EMERSON BRUMBACK - 1 DIRECTOR, VICE CHAIRMAN	1.0 ................. 2.0	X			9,700	9,700	0
(4) MARIA GONZALEZ-KNAVEL - 1 DIRECTOR	1.0 ................. 1.0	X			0	0	0
(5) MARY BURKE - 1 DIRECTOR	1.0 ................. 2.0	X			8,600	8,600	0
(6) RICHARD A WEISS - 1 DIRECTOR	1.0 ................. 2.0	X			10,800	10,800	0
(7) RICHARD D GEORGE - 23 CHAIRMAN & TREASURER	17.0 ................. 33.0	X			0	848,497	54,340
(8) SCOTT KLUG - 1 DIRECTOR	1.0 ................. 2.0	X			11,900	11,900	0
(9) THOMAS SCARETT - 1 DIRECTOR (RETIRED AUG 2022)	3.0 ................. 0	X			8,400	0	0
(10) BETH A ERICKSON VP - REPAYMENT SOLUTIONS	45.0 ................. 0		X		305,679	0	34,343
(11) HOPE E MERRY - 3 CHIEF FINANCIAL OFFICER	23.0 ................. 27.0		X		0	409,184	49,408
(12) JACQUELINE J FAIRBAIRN - 3 VP - POLICY & REG COMPLIANCE	44.0 ................. 15.0		X		302,969	0	55,347
(13) JEFFERY E CROSBY - 3 PRES/CEO-AES	50.0 ................. 0		X		547,044	0	45,866
(14) BARBARA A WILHELM - 3 DIRECTOR - CLAIMS REVIEW	45.0 ................. 0			X	161,101	0	28,819
(15) CARALYN A HANSEN - 3 ATTIGO SR MKTG STRATEGIST	45.0 ................. 0			X	149,129	0	11,957
(16) CARMEN N RIEG - 3 DIRECTOR - RECOVERY ADMIN	45.0 ................. 0			X	137,820	0	41,460
(17) JEFFREY S DICK - 3 SYSTEMS ANALYST	45.0 ................. 0			X	170,890	0	44,887

(A) Name and business address	(B) Description of services	(C) Compensation
YOUR CAUSE HOLDINGS LLC 65 FAIRCHILD ST CHARLESTON,SC294927505	SOFTWARE PROVIDER	238,329
NORTON RODE FULBRIGHTS US LLP 1301 MCKINNEY ST SUITE 5100 HOUSTON,TX770103095	LEGAL SERVICES	140,598
KROLL RESTRUCTURING ADMIN LLC 55 E 52nd Street Fl 17 New York,NY95628	LEGAL SERVICES	111,375


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 3

- TIN:

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

2022

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.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2022

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)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(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)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(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

Gross receipts from related activities, etc. (see instructions) ..................

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

Public support percentage for 2022 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2020 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

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) 2022

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)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .					61,144,777	61,144,777
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	203,909,208	487,441,800	389,231,175	439,168,551	321,760,632	1,841,511,366
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	203,909,208	487,441,800	389,231,175	439,168,551	382,905,409	1,902,656,143
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons	0	0	0	0	0	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	0	0	0	0	0
c	Add lines 7a and 7b..	0	0	0	0	0	0
8	Public support. (Subtract line 7c from line 6.)						1,902,656,143

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
9	Amounts from line 6...	203,909,208	487,441,800	389,231,175	439,168,551	382,905,409	1,902,656,143
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	9,782,834	15,018,737	914,737	43,969	1,390,574	27,150,851
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.					608	608
c	Add lines 10a and 10b.	9,782,834	15,018,737	914,737	43,969	1,391,182	27,151,459
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.) ..	9,112,087	8,827,798	37,134,175	28,102,050	4,631,900	87,808,010
13	Total support. (Add lines 9, 10c, 11, and 12.)..	222,804,129	511,288,335	427,280,087	467,314,570	388,928,491	2,017,615,612

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

Public support percentage for 2022 (line 8, column (f) divided by line 13, column (f)) .........

94.30 %

Public support percentage from 2021 Schedule A, Part III, line 15 ...............

93.46 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2022 (line 10c, column (f) divided by line 13, column (f)) ......

1 %

Investment income percentage from 2021 Schedule A, Part III, line 17 .............

1.64 %

19a

33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2022

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

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.

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).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

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.

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.

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.

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.

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.

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).

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?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

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.

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) .

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).

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.

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.

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.

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

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) 2022

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

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

A family member of a person described on 11a above?

11b

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

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.

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.

Section C. Type II Supporting Organizations

Yes

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).

Section D. All Type III Supporting Organizations

Yes

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?

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).

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.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

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.

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.

Parent of Supported Organizations. Answer lines 3a and 3b below.

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.

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.

Schedule A (Form 990) 2022

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	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

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2022

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 2022 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-2022	(iii) Distributable Amount for 2022
1 Distributable amount for 2022 from Section C, line 6
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2022:
a From 2017.......
b From 2018.......
c From 2019.......
d From 2020.......
e From 2021.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2022 distributable amount
i Carryover from 2017 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2022 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2022 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2022, 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 2022. 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 2023. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2018.....
b Excess from 2019.....
c Excess from 2020.....
d Excess from 2021.....
e Excess from 2022.....

Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022

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, Line 12 Other Income	DESCRIPTION - CONTIGENT AFFL CONS FV ADJ, COLUMN A - , COLUMN B - , COLUMN C - 28358386.0, COLUMN D - 17275635.0, COLUMN E - 0.0, COLUMN F - 45634021.0; DESCRIPTION - GUAR MISC. INCOME, COLUMN A - , COLUMN B - , COLUMN C - 4090027.0, COLUMN D - 3523646.0, COLUMN E - 3536885.0, COLUMN F - 11150558.0; DESCRIPTION - AES/MDHE CONTRACT, COLUMN A - 8146538.0, COLUMN B - 8811063.0, COLUMN C - 3549967.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 20507568.0; DESCRIPTION - AES/FL CONTRACT, COLUMN A - , COLUMN B - , COLUMN C - 638175.0, COLUMN D - 7283395.0, COLUMN E - 1017092.0, COLUMN F - 8938662.0; DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 965549.0, COLUMN B - 16735.0, COLUMN C - 497620.0, COLUMN D - 19374.0, COLUMN E - 77923.0, COLUMN F - 1577201.0;

Return Reference

Explanation

Schedule A, Part III, Line 12 Other Income

DESCRIPTION - CONTIGENT AFFL CONS FV ADJ, COLUMN A - , COLUMN B - , COLUMN C - 28358386.0, COLUMN D - 17275635.0, COLUMN E - 0.0, COLUMN F - 45634021.0; DESCRIPTION - GUAR MISC. INCOME, COLUMN A - , COLUMN B - , COLUMN C - 4090027.0, COLUMN D - 3523646.0, COLUMN E - 3536885.0, COLUMN F - 11150558.0; DESCRIPTION - AES/MDHE CONTRACT, COLUMN A - 8146538.0, COLUMN B - 8811063.0, COLUMN C - 3549967.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 20507568.0; DESCRIPTION - AES/FL CONTRACT, COLUMN A - , COLUMN B - , COLUMN C - 638175.0, COLUMN D - 7283395.0, COLUMN E - 1017092.0, COLUMN F - 8938662.0; DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 965549.0, COLUMN B - 16735.0, COLUMN C - 497620.0, COLUMN D - 19374.0, COLUMN E - 77923.0, COLUMN F - 1577201.0;

Schedule A (Form 990) 2022

Additional Data

Software ID:	22016089
Software Version:	2022v5.0

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Name of the organization

Ascendium Education Solutions Inc

Employer identification number

39-1853833

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2022)

Schedule B (Form 990) (2022) Page 2

Name of organization Ascendium Education Solutions Inc

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 3

Name of organization Ascendium Education Solutions Inc		Employer identification number 39-1853833

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 4


Name of organization Ascendium Education Solutions Inc			Employer identification number 39-1853833
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2022)

Additional Data

Software ID:	22016089
Software Version:	2022v5.0

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

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 ........

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? ............

Yes No

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? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

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.


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

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

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)? .............................

Yes No

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.

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.

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

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:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

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

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

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):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

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?...

Yes No

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.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c	-61,971,161
d	Additions during the year ............................	1d	417,406,455
e	Distributions during the year ..........................	1e	247,222,233
f	Ending balance ................................	1f	108,213,061

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

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 ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

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 ....
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..

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.)

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.)

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				992,783
(2)ACCRUED INTEREST RECEIVABLE				1,846,722
(3)COMPENSATION PLAN ASSETS				0
(4)DUE FROM DEPT OF EDUCATION				62,256,270
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				65,095,775

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
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	35,872,973
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

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

Schedule D, Part IV 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 Agent, trustee, custodian, or other intermediary arrangement

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

Additional Data

Software ID:	22016089
Software Version:	2022v5.0

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

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

2022

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

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? ........................

Yes No

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	(h) Purpose of grant or assistance
(1) Strada Education Network Inc 10 West Market Street Indianapolis,IN46204	47-3044430	501(c)(3)	50,201,917	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.
(2) Merit America 712 H Street NE Washington,DC200023627	84-2108762	501(c)(3)	5,000,000	Grant, Scaling IT Support and Data Analytics Certificate Programming for Learners from Low-Income Backgrounds
(3) MDRC 16 East 34th Street New York,NY10016	23-7379473	501(c)(3)	3,855,800	Grant, Capitalizing on Federal Momentum to Advance Postsecondary Student Success Grant, On the Path to a Degree (OnPath) Grant, Strengthen and Scale Multiple Measures Assessment Implementation Grant, Building & Applying Strong Evidence About Postsecondary Success & Economic Mobility
(4) Aspen Insitute Inc One Dupont Circle NW Washington,DC20036	84-0399006	501(c)(3)	2,505,775	Grant, Advancing Community College Students' Post-Graduation Success Grant, 2023 Aspen Prize and New Student Outcomes Data Benchmarking Tool Grant, Researching and Awarding Excellence in Rural Community College Grant, Accelerating Transfer Reform
(5) CENTRO HISPANO INC 810 W Badger Rd Madison,WI537132527	93-0844812	501(c)(3)	2,500,000	Grant, Campaign CENTRO
(6) TEACHERS COLLEGE COLUMBIA UNIVERSITY 525 West 120th Street New York,NY10027	13-1624202	501(c)(3)	2,491,836	Grant, Reporting of Postsecondary Education Grant, Guided Pathways: "What and How To" Educational Series Grant, Expanding and Sharing the Evidence Base of Key Student Success Reforms
(7) Boys & Girls Club of Dane County 2001 Taff Street Madison,WI537130000	39-1925617	501(c)(3)	1,600,000	Grant, McKenzie Regional Workforce Center Good Neighbor Grant
(8) Achieving The Dream Inc 8403 Colesville RD Silver Spring,MD209106355	27-1635830	501(c)(3)	1,112,215	Student Success Partner Grant Grant, Evaluating Digital Pathways Transformation Cohort of Rural Community Colleges Grant, Actualizing Community Vibrancy Metrics
(9) Jobs for the Future Inc 88 Broad St 8th Flr 8th Flr Boston,MA02110	06-1164568	501(c)(3)	1,074,325	Grant, JFF Horizons 6/7/2022 - 6/8/2022 Grant, Signature Statewide Initiative Planning Grant, Ready for Pell Grant, Supporting Career Pathways for Low-Income Rural Immigrants, Migrants, and Refugees
(10) National Association of College and University Busines Officers ( NACUBO) 1110 Vermont Avenue NW Washington,DC20005	53-0259954	501(c)(3)	879,183	Grant, NACUBO Strategically Financing Structures to Remove Barriers
(11) COLERIDGE INITIATIVE INC 4511 Dalton Road Chevy Chase,MD20815	83-0963735	501(c)(3)	750,263	Grant, Travel Grant SXSW EDU Grant, Establishing a Data Use Challenge to Inform Education & Workforce Transitions
(12) THE CHRONICLE OF HIGHER EDUCATION INC 1255 Twenty Third Street NW Washington,DC20037	52-1131774		750,000	Grant, Different Voices of Student Success: Focus on Solutions
(13) NATIONAL STUDENT CLEARINGHOUSE RESEARCH CTR 2300 Dules Station Blvd Herndon,VA201716352	27-1255674	501(c)(3)	677,181	Grant, Developing a Proxy Measure of Income in NSC Research Publications
(14) NEW VENTURE FUND 1828 L Street NW Washington,DC200365104	20-5806345	501(c)(3)	675,375	Grant, Scaling the Leadership Academy for Student Success
(15) COMPLETE COLLEGE AMERICA INC 350 Massachusetts Avenue Indianapolis,IN462042271	26-4789471	501(c)(3)	674,400	Grant, Annual Convening 10/24-10/25/2022 Grant, Equity and Policy Alignment to Drive Student Graduation Rates and Close Attainment Gaps
(16) COLORADO STATE UNIVERSITY 6003 Campus Delivery Fort Collins,CO805236003	84-6000545	Other - Gov't entity	655,200	Grant, Curricular Analytics
(17) AMERICAN INSTITUTES FOR RESEARCH IN THE BEHAVIORAL SCIENCES 1400 Crystal Dr 10th Flr Arlington,VA222023289	25-0965219	501(c)(3)	648,525	Grant, Rural Research Support Partner Grant, Advancing Outcomes Research on Postsecondary Competency-Based Education Pathways Grant, Assessing Quality and Equitable Access and Outcomes of Distance Postsecondary Courses for the Incarcerated
(18) UNIVERSITY OF TEXAS AT AUSTIN 110 Inner Campus Dr STOP K5300 Austin,TX787121663	74-6000203	501(c)(3)	645,050	Grant, Moving Mathematics Pathways to Normative Practice in Arkansas Grant, Modern Math Pathways for All Students
(19) ITHAKA HARBORS INC 101 Greenwich Street New York,NY100060002	13-3857105	501(c)(3)	627,338	Grant, Advancing a Framework for Integrated Credit Mobility Grant, Enhancing and Expanding the Transfer Explorer Tool Grant, Increasing Access to Educational Materials in Prisons: Facilitating the Approvals Process
(20) AMERICA ACHIEVES INC 16 E 34th St FL 18 New York,NY10016	27-3238471	501(c)(3)	549,500	Grant, Bridging Connections Summit 6/16-6/17/2022 Grant, Collective Impact Fund Advancing Good Jobs and Inclusive Economic and Talent Development
(21) AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES 1307 New York Avenue NW Washington,DC20005	52-0747578	501(c)(3)	526,950	Grant, Provosts' Student Success Network
(22) MINNESOTA STATE COLLEGES & UNIVERSITIES 30 7th St E St Paul,MN551017804	41-1687554	Other - Gov't entity	526,800	Grant, Minnesota Math Pathways
(23) MIDWESTERN HIGHER EDUCATION COMPACT 105 Fifth Ave South Minneapolis,MN554012555	38-3011476	501(c)(3)	515,200	Grant, Midwest Credential Transparency Alliance
(24) INSTITUTE FOR EVIDENCE-BASED CHANGE 3711 Long Beach Blvd Long Beach,CA90807	26-3542835	501(c)(3)	506,611	Grant, Midwest Credential Transparency Alliance
(25) State of Montana 2500 Broadway Helena,MT59601	81-0302402	STATE OF MT	500,000	Grant, College Access and Success Services
(26) CENTER ON RURAL INNOVATION INC PO Box 392 Hartland,VT050480392	82-4508477	501(c)(3)	500,000	Grant, Advancing Digital Skilling in Rural America
(27) NEW AMERICA FOUNDATION 740 15th St NW Washington,DC200051031	52-2096845	501(c)(3)	475,500	Grant, Scaling Community College Baccalaureates in a Changing Landscape Grant, Bringing Value-Based Bachelor's Degrees to Rural Community College Students
(28) Wested 730 Harrison Street San Francisco,CA941071242	94-3233542		470,005	Grant,Project Success 2020-2022, Partner Grant Grant, Supporting Rural Colleges in Competitive Federal Grant Opportunities Grant, Building the Data Capacity of Rural Postsecondary Institutions
(29) GENERATION USA 1616 H St NW Washington,DC200064917	84-3357705	501(c)(3)	450,000	Grant, Building the Data Capacity of Rural Postsecondary Institutions
(30) Iowa Department of Education 400 E 14th Street Des Moines,IA503190146	90-0743434	IA Dept of Ed	431,000	Grant, Optimizing Delivery Systems for Higher Education in Prison
(31) LOCAL INITIATIVES SUPPORT CORPORATION 287 Liberty Street 34th Flr New York,NY10005	13-3030229	501(c)(3)	421,690	Grant, Building Pathways to Quality Jobs and Financial Security in Rural America
(32) UNITED NEGRO COLLEGE FUND INC 1805 7th Street NW Washington,DC20001	13-1624241	501(c)(3)	404,929	Grant, Codifying Career Pathways Initiative
(33) Rand Corporation 1776 Main St PO Box 2138 Santa Monica,CA904072138	95-1958142	501(c)(3)	398,651	Grant, Aligning Employment and Education Systems for the Success of Low-Income Working Adult Learners: The Achieve Your Degree Program
(34) Rector & Visitors of Univ of VA 1001 North Emmet Street Charlottesville,VA229034833	54-6001796	501(c)(3)	398,200	Grant, Evaluations of Strategies to Improve Education and Workforce Success
(35) COLUMBUS LEARNING CENTER MANAGEMENT CORPORATION 4555 Central Ave columbus,IN472031893	35-2120567		325,000	Grant, Building Rural Community Learning Systems
(36) INSTITUTE FOR NONPROFIT NEWS 714 W Olympic Blvd Los Angeles,CA900151353	27-2614911	501(c)(3)	325,000	Grant, National Reporting on Rural and Prison Higher Education
(37) VERA INSTITUTE OF JUSTICE 34 35th Street Brooklyn,NY112322021	13-1941627	501(c)(3)	300,000	Grant, Helping the Field Prepare for Pell Reinstatement
(38) MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 Massachusetts Ave Cambridge,MA021394307	04-2103594	501(c)(3)	270,000	Grant, Massachusetts Prison Education Consortium Expansion
(39) AMERICAN FOREIGN POLICY COUNCIL 509 C Street NE Washington,DC20002	52-1274529	501(c)(3)	250,000	Grant, Cultivating Tomorrow's National Security and Foreign Policy Leaders
(40) ROCKEFELLER PHILANTHROPY ADVISORS INC 6 W 48th Street FL 10 New York,NY100361802	13-3615533	501(c)(3)	250,000	Grant, College Promise Careers Institute & Expanding Ecosystems for Promise Student Support
(41) EDUCATION DESIGN LAB 1200 18th St NW Washington,DC200362504	46-4248042	501(c)(3)	242,700	Grant, Catalyzing Rural Community Colleges Through a Design Challenge
(42) OPERATION FRESH START INC 2670 Milwaukee St Madison,WI537045120	23-7108090		225,500	Ascendium - Dollars for Doers 2021 Good Neighbor Grant
(43) United Way of Dane County Inc 2059 Atwood Avenue Madison,WI53704	39-0817532	501(c)(3)	216,084	Grant, Loaned Executive Program Unite for Our Communities Matching Grant
(44) ASIAN & PACIFIC ISLANDER AMERICAN SHOLARSHIP FUND 2025 M St NW Washington,DC200363363	57-1192973	501(c)(3)	205,500	Grant, Native Hawaiian and Pacific Islander Research Capacity Building Initiative
(45) Community Partners 1000 N Alameda St Los Angeles,CA90012	95-4302067	501(c)(3)	193,507	Grant, Understanding the Landscape of Higher Education in Prison Grant, Building Executive Leadership Capacity Grant, 12th National Conference on Higher Education in Prison 10/11/2022 - 10/14/2022
(46) ASSOCIATION OF PUBLIC AND LAND-GRANT UNIVERSITIES 1307 New York Avenue NW Washington,DC20005	53-0183246	501(c)(3)	171,705	Grant, Data Fellows Program Pilot
(47) THE FOUNDATION FOR MAINE'S COMMUNITY COLLEGES 54 Lighthouse Circle South Portland,ME041061661	27-1363414	501(c)(3)	161,100	Grant, Training Low-Income Workers for Remote Opportunities
(48) NATIONAL COLLEGE ATTAINMENT NETWORK 1001 Connecticut Avenue Washington,DC20036	31-1793562	501(c)(3)	155,725	Grant, Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks Grant, NCAN National Conference; 9/12/22-9/14/22 Grant, National College Attainment Membership; 7/1/22-6/30/23
(49) OPERATION RESTORATION PO Box 56894 New Orleans,LA70156	61-1791941	501(c)(3)	150,000	Grant, Expanding Access to Postsecondary Pathways in Louisiana State Prisons
(50) SEACHANGE CAPITAL PARTNERS INC 155 E44th St FL 6 New York,NY100174100	20-5124665		142,000	Grant, Transformational Partnership Fund
(51) LINCOLN UNIVERSITY OF PENNSYLVANIA 1570 Baltimore Pike Lincoln University,PA191039141	23-1352655	501(c)(3)	108,400	Project Success Emergency Aid Program Project Success Paid Internship Program
(52) Philander Smith College 900 W Dalsy Bates Dr Little Rock,AR72202	71-0239729	501(c)(3)	103,377	Project Success Emergency Aid Program Project Success Paid Internship Program
(53) BOYS AND GIRLS CLUB OF NOBLESVILLE 1700 Conner Street Noblesville,IN46060	35-1054426	501(c)(3)	100,000	Grant, Good Neighbor Grant
(54) ABERDEEN FAMILY YMCA 5S State St Aberdeen,SD574014524	46-0255779	501(c)(3)	100,000	Good Neighbor Grant
(55) BIG BROTHERS AND BIG SISTERS OF DANE COUNTY INC 2059 Atwood Avenue 2 Madison,WI537045367	39-1077783	501(c)(3)	100,000	Good Neighbor Grant
(56) GOODMAN CENTER 214 Waubesa St Madison,WI53704	39-1919172		100,000	Good Neighbor Grant
(57) LITERACY NETWORK INC 701 Dane St Madison,WI537131900	51-0180488	501(c)(3)	100,000	Good Neighbor Grant
(58) MADISON PUBLIC LIBRARY FOUNDATION INC 201 W Mifflin St Madison,WI537032597	39-1777242	501(c)(3)	100,000	Good Neighbor Grant
(59) Fond Du Lac Tribal & Community College 30 7th St E St Paul,MN55101	41-1687554	501(c)(3)	97,468	Project Success Emergency Aid Program Project Success Paid Internship Program
(60) Dine College PO Boc C12 Tsaile,AZ86556	86-0215931	501(c)(3)	97,021	Project Success Emergency Aid Program Project Success Paid Internship Program
(61) UNIVERSITY OF ARKANSAS AT PINE BLUFF 1200 North University Dr Mail Slot 4984 Pine Bluff,AR716012780	71-6010030	501(c)(3)	94,381	Project Success Emergency Aid Program Project Success Paid Internship Program
(62) Lincoln University 820 Chestnut St Jefferson City,MO65102	44-6001089	501(c)(3)	91,070	Project Success Emergency Aid Program Project Success Paid Internship Program
(63) SECOND CHANCE EDUCATIONAL ALLIANCE INC 100 Pearl Street 14th FL Hartford,CT061034500	81-1725510	501(c)(3)	87,500	Grant, Optimizing Delivery Systems for Higher Education in Prison Evaluation
(64) THURGOOD MARSHALL COLLEGE FUNDS INC 901 F Street NW Washington,DC200041436	41-1750692	501(c)(3)	84,700	Grant, HBCU Degree Completion Pilot
(65) Central State University PO BOX 1004 Wilberforce,OH45384	31-0675386	501(c)(3)	84,494	Project Success Emergency Aid Program Project Success Paid Internship Program
(66) ARKANSAS STATE UNIVERSITY MID-SOUTH 2000 W Broadway ST West Memphis,AR723013829	71-0533838	Other - Gov't entity	82,750	Project Success Emergency Aid Program Project Success Paid Internship Program
(67) Education Commission of the States 700 N Broadway Denver,CO80203	31-0722194	501(c)(3)	82,186	Grant, Strong Start to Finish - Accelerating Scaled Implementation
(68) LEGAL ACTION OF WISCONSIN INC 230 West Wells St Milwaukee,WI53203	39-1077192	501(c)(3)	75,000	GRANT- Expansion of the Tech College Student Legal Aid Program- Satisfaction progress of the Project Milestones (months 13-24) Objectives 1 & 2 GRANT- Lawyers for Learners Program - Continuation of Funding (1 of 4) \| GRANT - Continuation of Funding support for work with Lawyers for Learners due 9/28/22 GRANT- Lawyers for Learners Program - Continuation of Funding (2 of 4) \| GRANT- Lawyers for Learners Program - Continuation of Funding (2 of 4)
(69) Grantmakers for Education 720 SW Washington St Portland,OR972053519	33-0919329	501(c)(3)	74,575	Grant, Grantmakers for Education Membership 6/7/2022-6/6/2023 GFE Annual Conference, 10/18-10/20/22, K. Witham, A. Wright, C. Lee, E. Castro, H. Custard, M. Gould, M. Lasagna, V. Price Grant, Grantmakers for Education Annual Conference 10/18/2022-10/20/2022
(70) Harris-Stowe State University 3026 Laclede Avenue St Louis,MO63103	43-1166917	501(c)(3)	67,599	Project Success Paid Internship Program Project Success Emergency Aid
(71) Bay Mills Community College 12214 W Lakeshore Dr Brimley,MI49715	38-2604866	501(c)(3)	66,950	Project Success Emergency Aid Program Project Success Paid Internship Program
(72) BLUEFIELD STATE COLLEGE 219 Rock Street Bluefield,WV247012100	55-6000751	501(c)(3)	61,626	Project Success Emergency Aid Program Project Success Paid Internship Program
(73) Turtle Mountain Community College PO BOX 340 Belcourt,ND58316	45-0323401	501(c)(3)	60,551	Project Success Emergency Aid Program Project Success Paid Internship Program
(74) Shorter College 604 North Locust Street North Little Rock,AR72114	71-0350954	501(c)(3)	54,048	Project Success Emergency Aid Program Project Success Paid Internship Program
(75) Northwest Indian College 2522 Kwina Rd Bellingham,WA98226	91-0905644	501(c)(3)	52,817	Project Success Emergency Aid Program Project Success Paid Internship Program
(76) COMPETENCY-BASED EDUCATION NETWORK INC 1417 Hanson Dr Franklin,TN370678668	82-1307652	501(c)(3)	50,000	Grant, CompetencyXchange Task Force
(77) Salish Kootenai College Inc PO Box 70 Pablo,MT59855	81-0378823	501(c)(3)	44,721	Project Success Emergency Aid Program Project Success Paid Internship Program
(78) Little Priest Tribal College 601 E College Dr Winnebago,NE68071	91-1849962	501(c)(3)	44,633	Project Success Emergency Aid Program Project Success Paid Internship Program
(79) AANIIIH Nakoda College PO Box 159 Harlem,MT59526	81-0420980	501(c)(3)	44,226	Project Success Emergency Aid Program Project Success Paid Internship Program
(80) Little Big Horn College 8645 S Weaver Dr PO BOX 398 Crow Agency,MT59022	81-0331905	501(c)(3)	44,006	Project Success Emergency Aid Program Project Success Paid Internship Program
(81) Lac Courte Oreilles Ojibwa Community College 13466 West Trepania Rd Hayward,WI54843	39-1453493	501(c)(3)	43,466	Project Success Emergency Aid Program Project Success Paid Internship Program
(82) KENTUCKY STATE UNIVERSITY 400 E Main Street 4th FL Frankfort,KY406012334	61-1099712	501(c)(3)	41,927	Project Success Emergency Aid Program Project Success Paid Internship Program
(83) ASSOCIATION FOR THE STUDY OF HIGHER EDUCATION 4505 S Maryland Pkwy Las Vegas,NV89154	52-1071242	501(c)(3)	38,775	Grant, 47th Annual ASHE Conference 11/16-11/19/2022
(84) Red Lake Nation College PO Box 576 Red Lake,MN56671	26-3031521	501(c)(3)	38,333	Project Success Emergency Aid Program Project Success Paid Internship Program
(85) WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC PO Box 1000 Institute,WV251121000	55-6019228		36,766	Project Success Paid Internship Program
(86) SOCIETY FOR RESEARCH ON EDUCATIONAL EFFECTIVENESS 1000 Thomas Jefferson Street NW Washington,DC20007	26-4739791	501(c)(3)	35,500	Grant, SREE Annual Conference 9/21-9/24/2022
(87) Navajo Technical University PO Box 849 Crownpoint,MN87313	85-0303705	501(c)(3)	35,436	Project Success Emergency Aid Program Project Success Paid Internship Program
(88) Institute of American Indian Arts PO Box 5310 Santa Fe,NM87502	85-0365964	501(c)(3)	34,712	Project Success Emergency Aid Program Project Success Paid Internship Program
(89) Ilisagvik college PO Box 749 Barrow,AK99723	92-0158414	501(c)(3)	34,333	Project Success Paid Internship Program
(90) EAST MADISON COMMUNITY CENTER INC 8 Straubel CT Madison,WI537044104	39-1941839	501(c)(3)	33,900	Ascendium - Dollars for Doers 2022 Grant, Good Neighbor Grant
(91) ARKANSAS BAPTIST COLLEGE 1600 Dr Martin Luther King Jr Dr Little Rock,AR722026073	71-0298658	501(c)(3)	33,833	Project Success Paid Internship Program
(92) APPRENTI 1595 NW Gilman Blvd IssaquaH,WA980275239	47-3951262	501(c)(3)	31,667	Grant, Creating Pathways to Mid-Level Tech Careers and Educational Opportunity
(93) Southwestern Indian Polytechnic Institute 9169 Coors Blvd NW PO Box 10146 Albuquerque,NM87184	85-0235298	501(c)(3)	31,305	Project Success Emergency Aid Program Project Success Paid Internship Program
(94) Stone Child College 8294 Upper Box Elder Rd Box Elder,MT59521	81-0420650	501(c)(3)	31,143	Project Success Emergency Aid Program Project Success Paid Internship Program
(95) COMMUNITY SHARES OF WISCONSIN 612 W Main St Madison,WI53703	39-1172378		30,956	Unite for Our Communities Matching Grant
(96) PEIRCE COLLEGE 1420 Pine Street Philadelphia,PA19102	23-1627436	501(c)(3)	30,662	Project Success Emergency Aid Program Project Success Paid Internship Program
(97) NONVIOLENCE INSTITUTE 265 Oxford St Providence,RI02905	05-0517863	501(c)(3)	30,000	Grant, Credit for Experience: Leveraging Prior Learning Assessments in Prison
(98) NEBRASKA INDIAN COMMUNITY COLLEGE 1111 Highway 75 Macy,NE68039	47-0623553	501(c)(3)	27,057	Project Success Emergency Aid Program Project Success Paid Internship Program
(99) Sitting Bull College 9299 Hwy 24 Fort Yates,ND58538	23-7373765	501(c)(3)	26,871	Project Success Emergency Aid Program Project Success Paid Internship Program
(100) White Earth Tribal & Community College 2250 College Rd Mahnomen,MN56557	41-1978247	501(c)(3)	26,722	Project Success Emergency Aid Program Project Success Paid Internship Program
(101) Sisseton Wahpeton College 12572 BIA Hwy 700 Agency Village,SD57262	46-0357254	501(c)(3)	24,941	Project Success Emergency Aid Program Project Success Paid Internship Program
(102) United Tribes Technical College 3315 University Dr Bismarck,ND58504	45-0314233	501(c)(3)	22,280	Project Success Emergency Aid Program Project Success Paid Internship Program
(103) CANKDESKA CIKANA COMMUNITY COLLEGE 214 1st Avenue Fort Totten,ND58335	45-0350756	501(c)(3)	21,173	Project Success Emergency Aid Program Project Success Paid Internship Program
(104) Leech Lake Tribal College 6945 Littlewolf RD NW Cass Lake,MN56633	75-3061667	501(c)(3)	20,318	Project Success Emergency Aid Program Project Success Paid Internship Program
(105) Oglala Lakota College PO Box 490 Kyle,SD57752	23-7135915	501(c)(3)	18,883	Project Success Emergency Aid Program
(106) GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS 1310 L Street NW Washington,DC20005	01-0669150	501(c)(3)	18,000	Grant, Grantmakers for Effective Organizations Membership 6/1/2022-5/31/2023
(107) College of the Muscogee Nation PO Box 917 Okmulgee,OK74447	35-2357683	501(c)(3)	17,188	Project Success Emergency Aid Program Project Success Paid Internship Program
(108) Nueta Hidatsa Sahnish College 220 College Dr New Town,NE58763	45-0322990	501(c)(3)	16,553	Project Success Paid Internship Program
(109) College of Menominee Nation PO Box 1179 N172 Hwy 47/55 Keshena,WI54135	39-1773613	501(c)(3)	15,250	Project Success Emergency Aid Program Project Success Paid Internship Program
(110) UNIVERSITY OF THE VIRGIN ISLANDS 2 Johns Brewers Bay St Thomas,VI008026004	66-0432514	501(c)(3)	12,733	Project Success Emergency Aid Program
(111) PEAK GRANTMAKING 1666 K Street NW Washington,DC20006	74-3158155	501(c)(3)	11,250	Grant, PEAK Grantmaking Membership 4/1/2022 - 3/31/2023 Grant, Peak2022 3/21/2022 - 3/25/2022
(112) Scholarship America Inc One Scholarship Way St Peter,MN56082	04-2296967	501(c)(3)	11,000	Grant, Partner Project Success 2020-2022
(113) Fort Peck Community College PO Box 398 Poplar,MT59255	81-0374399	501(c)(3)	10,300	Project Success Emergency Aid Program
(114) Keweenaw Bay Ojibwa Community College PO Box 519 Baraga,MI49908	01-0678043	501(c)(3)	10,000	Project Success Emergency Aid Program
(115) Excelencia in Education 1717 N Street NW 2nd FL Washington,DC20036	20-0927912	501(c)(3)	9,500	Grant, Examples of Excelencia 9/29/2022 - 9/29/2022
(116) Council for Opportunity in Education 1025 Vermont Ave NW Washington,DC20005	52-1221301	501(c)(3)	8,800	Grant, Educational Opportunity Dinner 9/22/2022
(117) ASSOCIATION OF BLACK FOUNDATION EXECUTIVESINC 42 Broadway Floor 20 New York,NY10004	23-7156531	501(c)(3)	7,500	Grant, ABFE Membership 9/25/2022 - 9/24/2023
(118) BOX OF BALLOONS CO Cate Valenzuela 3506 Country Grove Rd Madison,WI537195068	46-4826289	501(c)(3)	7,271	Donation - Box of Balloons VTO Expenses from May-Oct 2022
(119) WISCONSIN PHILANTHROPY NETWORK 15850 W Bluemound Rd Brookfield,WI530056007	39-6236498	501(c)(3)	7,000	Grant, Wisconsin Philanthropy Network Membership 3/12/22-3/12/23
(120) COLLEGE GOAL WISCONSIN 625 Stewart Avenue Wausau,WI54401	81-3509136	501(c)(3)	6,500	Corporate Giving Donation to support College Goal WI
(121) Blackfeet Community College PO Box 819 Browning,MT59417	81-0378943	501(c)(3)	6,370	Project Success Emergency Aid Program Project Success Paid Internship Program
(122) GREATER MADISON CHAMBER OF COMMERCE INC PO Box 71 Madison,WI537010071	39-0843590		6,250	2022, 69th Annual Dinner -Gold Sponsor, 10/28/22
(123) CENTER FOR BLACK EXCELLENCE AND CULTURE INC 655 West Badger Rd Madison,WI53713	85-3072819	501(c)(3)	2,500,000	Grant, Founding Partner Gift
(124) PER SCHOLAS INC 804 E 138th Street 2nd FL Bronx,NY104541902	04-3252955	501(c)(3)	2,000,000	Grant, Fueling Growth Through Innovation
(125) YEAR UP INC 45 MLK Street 9th Fl Boston,MA02110	04-3534407	501(c)(3)	1,500,000	Grant, Innovation and Expansion of Accelerated Training and Shared Outcomes Model
(126) JOHN N GARDNER INSTITUTE FOR EXCELLENCE IN UNDERGRADUATE EDUCATION 123 E Main Street Brevard,NC28712	26-0166817	501(c)(3)	936,133	Grant, Accelerating Just Transformation in the Foundational Postsecondary Experience Grant, Governing Board Success Academy
(127) ASSOCIATION OF CHAMBER OF COMMERCE EXECUTIVES FOUNDATION 1330 Bradock Place Alexandria,VA22314	23-7204514	501(c)(3)	850,000	Grant, Advancing the Economic Mobility of Rural Learners
(128) TENNESSEE BOARD OF REGENTS 1 Bridgestone Park Nashville,TN372142453	62-0877872	501(c)(3)	730,000	Grant, Pathways to Success for Adults with Some College but No Degree
(129) ASSOCIATION OF AMERICAN COLLEGES & UNIVERSITIES 1818 R St NW Washington,DC20009	52-1945674	501(c)(3)	599,400	Grant, Maintain Momentum: Supporting Postsecondary Education Membership Organizations and Networks
(130) AMALGAMATED CHARITABLE FOUNDATION INC 1825 K ST NW Washington,DC20006	82-1517696	501(c)(3)	584,745	Grant, Building Postsecondary Rural and Prison Education Funder Collaboratives
(131) AMERICAN ASSOCIATION OF COMMUNITY COLLEGES One Dupont Circle NW Washington,DC20036	53-0196569	501(c)(3)	487,845	Grant, Equity Transfer Initiative
(132) REACH INSTITUTE FOR SCHOOL LEADERSHIP 1221 Preservation Park Way Oakland,CA94612	27-1274290	501(c)(3)	475,000	Grant, AA-to-BA Transfer Apprenticeship Pathway for Rural Talent
(133) WAKIYA FOUNDATION INC 10411 Stratford Avenue Fairfax,VA22030	84-3472292	501(c)(3)	450,000	Grant, Connected Pathways for Tribal Colleges and Universities
(134) THE EDUCATION TRUST INC 1501 K Street NW Washington,DC200051401	52-1982223	501(c)(3)	407,500	Grant, Transforming Higher Education Policy and Practice in Prisons and Beyond
(135) LOYOLA UNIVERSITY 6363 St Charles Avenue New Orleans,LA70118	72-0408946	501(c)(3)	400,000	Grant, Jesuit Prison Education
(136) NATIONAL SKILLS COALITION 1250 Connecticut Avenue NW Washington,DC20036	30-0075580	501(c)(3)	350,000	Grant, Changing Systems to Support Partnerships Between Rural Community Colleges and Industry Stakeholders
(137) WESTERN INTERSTATE COMMISSION FOR HIGHER EDUCATION 3035 Center Green Drive Boulder,CO80301	84-6008945	501(c)(3)	341,000	Grant, No Holding Back: Using Data to Review and Revise Administrative Hold Policies among Public Postsecondary Institutions in the Western Region
(138) MICHIGAN COMMUNITY COLLEGE ASSOCIATION 222 N Chestnut Street Lansing,MI48933	38-2018394	501(c)(6)	325,000	Grant, Michigan Community College Workforce and Transfer Alignment
(139) THE LAUNCHCODE FOUNDATION 4811 Delmar Blvd St Louis,MO63108	47-1718432	501(c)(3)	321,900	Grant, Preparing Incarcerated Learners for Careers in Technology
(140) YOURCAUSE HOLDINGS LLC 65 Fairchild St Charleston,SC29492	26-0638742		319,208	Triple your impact match
(141) RESEARCH TRIANGLE INSTITUTE PO Box 12194 Research Triangle Park,NC277092194	56-0686338	501(c)(3)	301,775	Grant, A Profile of Low-Income Undergraduates in the United States Grant, Conducting an Evaluability Assessment of reentry campus program
(142) THE COUNCIL OF STATE GOVERNMENTS 1776 Avenue of the States Lexington,KY40511	36-6000818	501(c)(3)	250,000	Grant, Launching Civic Sector Apprenticeships in Rural Communities
(143) INSTITUTE FOR HIGHER EDUCATION POLICY 1825 K Street NW Washington,DC20006	52-1818907	501(c)(3)	225,000	Grant, Informing the Department of Education's Research and Evaluation Set-Aside
(144) NEW ENGLAND BOARD OF HIGHER EDUCATION 45 Temple Place Boston,MA021111305	04-2207418	501(c)(3)	166,900	Grant, Commission on the Effectiveness of Higher Education Behind Bars in New England
(145) THE RP GROUP 369-B Third Street San Rafael,CA94901	94-3207140	501(c)(3)	164,900	Grant, Exploring Geographic Isolation as a Barrier to Equitable Transfer Outcomes
(146) NATIONAL ASSOCIATION OF SYSTEM HEADS 1781 16th Street NW Washington,DC20009	20-8987993	501(c)(3)	156,250	Grant, Equity Action Intensive
(147) BETTER FUTURE FORWARD INC 7584 Blanford Court Alexandria,VA22315	81-4772781	501(c)(3)	150,000	Grant, Build a More Equitable Student Finance System
(148) FUNDERS TOGETHER TO END HOMELESSNESS INC 89 South Street Boston,MA02111	27-3033048	501(c)(3)	134,300	Grant, Support for the Workforce Matters Funders Network 4/1/2022-12/30/2023
(149) REENTRY CAMPUS PROGRAM 500 Broad Street Providence,RI02907	82-2962618	501(c)(3)	130,000	Grant, Implementing an Evaluability Assessment
(150) SAVI SOLUTIONS PBC 1032 15th St NW Washington,DC200051502	81-2750411		125,000	Grant, Supporting At-Risk Borrowers
(151) UNLOCKED THE FILM LLC 2603 Iowa Avenue St Louis,MO631181422	88-2975452		102,200	Grant, UnlockED Feature Documentary
(152) BOYS & GIRLS CLUB OF ABERDEEN AREA 1121 1st Avenue SE Aberdeen,SD574014704	23-7062273	501(c)(3)	100,000	Grant, Good Neighbor Grant
(153) State of Minnesota 658 Cedar Street 400 Centennial Bldg St Paul,MN55155	41-6007162	State of MN	74,096	Grant, Optimizing Delivery Systems for Higher Education in Prison
(154) UNIVERSITY OF HAWAII FOUNDATION 1314 South King Street Honolulu,HI96814	99-0085260	501(c)(3)	70,000	Grant, Hana Career Pathways in Healthcare
(155) Academic Intelligence Inc 205 Primrose Street Chevy Chase,MD208153322	45-5544722		55,000	Grant, Future U. Podcast
(156) Trailhead Institute 1385 S Colorado Blvd Denver,CO80222	84-1267213	501(c)(3)	50,000	Grant, Planning for ASAP Denver
(157) CHALKBEAT INC 450 Seventh Avenue 32nd Floor New York,NY10123	90-0915846	501(c)(3)	50,000	Grant, Chalkbeat Higher Education Coverage in Colorado and Indiana
(158) STRADA COLLABORATIVE INC 10 W Market St Indianapolis,IN462040074	86-1250084	501(c)(3)	50,000	Grant, Regional Upskilling Alliance - Planning Period
(159) COMMUNITIES FOUNDATION OF TEXAS INC 5500 Caruth Haven Lane Dallas,TX75225	75-0964565	501(c)(3)	50,000	Grant, The Future of the Texas Transfer Alliance
(160) UNIVERSITY OF UTAH 201 South Presidents Circle Salt Lake City,UT841129023	87-6000525	501(c)(3)	50,000	Grant, Analyzing Public Comments for Proposed Rulemaking on Prison Higher Education and Pell
(161) RHODES COLLEGE 2000 North Parkway Memphis,TN38112	62-0476301	501(c)(3)	50,000	Grant, Institutional Collaborations in the Postsecondary Education in Prison Space
(162) COMMUNITY COLLEGE BACCALAUREATE ASSOCIATION INC 575 Lake Birham Road Lake Mary,FL32746	65-1026796	501(c)(3)	50,000	Grant, Quality Framework for Community College Bachelor's Degree Programs
(163) SIMMONS COLLEGE OF KENTUCKY 1018 South 7th St Louisville,KY40203	20-5289168	501(c)(3)	43,983	Project Success Emergency Aid Program Project Success Paid Internship Program
(164) SXSW LLC PO Box 685289 Austin,TX78768	46-1604402		38,000	Grant, SXSW EDU 3/7/2022-3/10/2022 Grant, SXSW EDU Partner Programming Session CC
(165) CODEPATHORG665 3rd Street 150 665 3rd Street 150 San Francisco,CA94107	81-5338932	501(c)(3)	28,750	Grant, Investing in CodePath's Evidence of Effectiveness
(166) GSV Summit LLC 875 N Michigan Ave Chicago,IL60611	47-2947375		25,100	2022 ASU+GSV Summit Mont Blanc Summit Sponsor 4/4/22 - 4/6/22
(167) ECONOMIC JUSTICE INSTITUTE INC 975 Bascon Hall Madison,WI53706	39-1200952	501(c)(3)	25,000	GRANT, LIFT WI - Support Integration of Driver's License Reinstatement Tool into L4L Programming
(168) UNITED WAY OF NORTHEASTERN SOUTH DAKOTA PO Box 1065 Aberdeen,SD574021065	23-7086355	501(c)(3)	19,616	Unite for Our Communities Matching Grant
(169) WISCONSIN JUDICARE INC 401 Fifth Street Wausau,WI544026100	39-1170880	501(c)(3)	15,000	GRANT, Lawyers for Learners - Support for Internships & In-Person Clinics
(170) Community Justice Inc 214 N Hamilton St Madison,WI53703	20-1228751	501(c)(3)	10,860	GRANT - Lawyers for Learners. Law School Fellow and Paralegal Intern Program 5/2022 - 5/2023 - Law School Fellow GRANT - Lawyers for Learners. Law School Fellow and Paralegal Intern Program 5/2022 - 5/2023 - Law School Fellow
(171) SAND COUNTY FOUNDATION INC 131 W Wilson St Madison,WI537033243	39-6089450	501(c)(3)	9,750	Ascendium Corporate Match - Triple Your Impact, 12/2022
(172) BEREA COLLEGE Lincoln Hall Berea,KY40404	61-0444650	501(c)(3)	8,700	Grant, Rural College Access and Success Summit 4/24/2022-4/26/2022
(173) NATIONAL FUND FOR WORKFORCE SOLUTIONS 1250 Connecticut Ave NW Washington,DC20036	47-5172476	501(c)(3)	7,750	Grant, SHIFT the Future of Workforce Convening Sponsorship 9/28/2022 - 9/29/2022
(174) UNITED WAY OF CENTRAL INDIANA 2955 N Meridian St Indianapolis,IN46208	35-1007590	501(c)(3)	6,432	Unite for Our Communities Matching Grant
(175) WILBERFORCE UNIVERSITY 1055 N Bickett Road Wilberforce,OH45384	31-0604719	501(c)(3)	5,587	Project Success Emergency Aid Program Project Success Paid Internship Program

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

160

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2022

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	491	736,500
(3) PROJECT SUCCESS	30440	182,708
(4) MICHAEL LEVIN-EPSTEIN / RURAL MATTER PODCAST	1	44,000
(5) EMPLOYEE DEPENDENT SCHOLARSHIP PROGRAM	22	41,250
(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
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 ALSO CONDUCTS SITE VISITS TO RECIPIENTS TO ASSESS AND OBSERVE SUPPORTED PROGRAMS WHERE PRACTICABLE. ALL DISBURSEMENTS ARE SCHEDULED TO COINCIDE WITH THE PROGRAM ACTIVITIES
Schedule I, Part III JIM ELLIOTT	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 INDIVIDAL RECIPIENT RECEIVES MORE THAN $1,500 PER YEAR
Schedule I, Part III TOOLS OF THE TRADE	TOOLS OF THE TRADE APPRENTICE SCHOLARSHIP PROGRAM IS TO BENEFIT CONSTRUCTION AND INDUSTRIAL TRADE APPRENTICES, TO BE APPLIED TOWARD THE COST OF TUITION BOOKS, WORK CLOTHES AND TOOLS. THE RECIPIENTS WERE DETERMINED BASAED ON CRITERIA DEFINED BY THE PROGRAM AND NO INDIVIDUAL RECIPIENTEW RECEVIES MORE THAN $1500 PER YEAR
Schedule I, Part III PROJECT SUCCESS	THE PROJECT SUCCESS PROGRAM PROVIDES A WIDE ARRAY OF SERVICES AND SUPPOERT TO INCREASE COMPLETION RATES AND DECREASE COHORT DEFAULT RATES AT MINORITY-SERVICE INSTITUTIONS. THE RECIPIENTS WERE DETERMINED BASED ON CRITERIA DEFINDED 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 OG QUALITY ASSURANCE THROUGH ADMINISTRATION OF COLLEGE SURVEYS, AND AN OVERALL ASSESSMENT OF THE PROJECT SUCCESS PROGRAM
Schedule I, Part III RURAL MATTERS PODCAST	PROVED GRANT FOR RECIPIENT TO CONDUCT A RURAL MATTERS PODCAST
Schedule I, Part III DEPENDENT SCHOLARSHIP PROGRAM	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 EDUCATIONAL INSTUITUTION THEY ATTEND
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	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' STAFF CONDUCTS SITE VISITS TO COLLEGE ACCESS SUPPORTED PROGRAMS TO OBSERVE THE PROGRAM. WHERE PRACTICABLE, THE DISBURSEMENTS ARE SCHEDULED TO COINCIDE WITH PROGRAM ACTIVITIES.

Schedule I (Form 990) 2022

Additional Data

Software ID:	22016089
Software Version:	2022v5.0

- TIN:

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

2022

Open to Public Inspection

Name of the organization

Ascendium Education Solutions Inc

Employer identification number

39-1853833

Part I

Questions Regarding Compensation

Yes

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.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

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 .....

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? ....

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.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

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:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

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.

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:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

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:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

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 ............

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 ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2022

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
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1RICHARD D GEORGE - 23 CHAIRMAN & TREASURER	(i) (ii)	0 ------------- 394,832	0 ------------- 450,000	0 ------------- 3,665	0 ------------- 18,200	0 ------------- 36,140	0 ------------- 902,837	0 ------------- 0
2JEFFERY E CROSBY - 3 PRES/CEO-AES	(i) (ii)	295,024 ------------- 0	250,000 ------------- 0	2,020 ------------- 0	18,358 ------------- 0	27,508 ------------- 0	592,910 ------------- 0	0 ------------- 0
3BETH A ERICKSON VP - REPAYMENT SOLUTIONS	(i) (ii)	152,868 ------------- 0	150,000 ------------- 0	2,811 ------------- 0	18,147 ------------- 0	16,196 ------------- 0	340,022 ------------- 0	0 ------------- 0
4JACQUELINE J FAIRBAIRN - 3 VP - POLICY & REG COMPLIANCE	(i) (ii)	146,640 ------------- 0	155,000 ------------- 0	1,329 ------------- 0	18,096 ------------- 0	37,251 ------------- 0	358,316 ------------- 0	0 ------------- 0
5HOPE E MERRY - 3 CHIEF FINANCIAL OFFICER	(i) (ii)	0 ------------- 228,720	0 ------------- 180,000	0 ------------- 464	0 ------------- 18,329	0 ------------- 31,079	0 ------------- 458,592	0 ------------- 0
6JEFFREY S DICK - 3 SYSTEMS ANALYST	(i) (ii)	158,830 ------------- 0	10,757 ------------- 0	1,303 ------------- 0	14,413 ------------- 0	30,474 ------------- 0	215,777 ------------- 0	0 ------------- 0
7ROGER A ELDRIDGE - 3 NATIONAL SALES DIRECTOR	(i) (ii)	127,227 ------------- 0	8,966 ------------- 0	1,135 ------------- 0	11,605 ------------- 0	29,140 ------------- 0	178,073 ------------- 0	0 ------------- 0
8CARALYN A HANSEN - 3 ATTIGO SR MKTG STRATEGIST	(i) (ii)	136,166 ------------- 0	11,786 ------------- 0	1,177 ------------- 0	10,739 ------------- 0	1,218 ------------- 0	161,086 ------------- 0	0 ------------- 0
9CARMEN N RIEG - 3 DIRECTOR - RECOVERY ADMIN	(i) (ii)	119,366 ------------- 0	17,874 ------------- 0	580 ------------- 0	11,798 ------------- 0	29,662 ------------- 0	179,280 ------------- 0	0 ------------- 0
10BARBARA A WILHELM - 3 DIRECTOR - CLAIMS REVIEW	(i) (ii)	149,138 ------------- 0	8,153 ------------- 0	3,810 ------------- 0	12,600 ------------- 0	16,219 ------------- 0	189,920 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2022

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) 2022

Additional Data

Software ID:	22016089
Software Version:	2022v5.0

- TIN:

Schedule L
(Form 990)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

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.
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

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	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

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?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

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

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?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) ASCENDIUM EDUCATION GROUP INC	CONTRL ENT/ OFFICER OERLAP	258,212	INTERCOMPANY REIMBURSEMENT 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:	22016089
Software Version:	2022v5.0

- TIN:

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, Line 6 Classes of members or stockholders	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, Line 7a Members or stockholders electing members of governing body	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, Line 7b Decisions requiring approval by members or stockholders	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, Line 11b Review of form 990 by governing body	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, Line 12c Conflict of interest policy	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, Line 15a Process to establish compensation of top management official	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 VI, Line 15b Process to establish compensation of other employees	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 VI, Line 19 Required documents available to the public	FEDERAL LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICY AVAILABLE. DOCUMENTS ARE AVAILABLE UPON SPECIFIC REQUEST.
Form 990, Part VIII, Line 2f Other Program Service Revenue	Knowledge Center - Total Revenue: 23042, Related or Exempt Function Revenue: 23042, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Student Loan Success Center - Total Revenue: 750, Related or Exempt Function Revenue: 750, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Attigo Training on Demand - Total Revenue: 3500, Related or Exempt Function Revenue: 3500, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Attigo GradReady-PNC - Total Revenue: 174634, Related or Exempt Function Revenue: 174634, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue	Share of Loan Svc Fees-ELRAP - Total Revenue: 608, Related or Exempt Function Revenue: , Unrelated Business Revenue: 608, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part IX, Line 24a	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. 2022 ALLOCATIONS MADE FROM ASCENDIUM EDUCATION GROUP, INC. TO ASCENDIUM EDUCATION SOLUTIONS, INC. ARE AS FOLLOWS: ASCENDIUM EDUCATION SOLUTIONS, INC. $27,814,963.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	OPERATING FUND CONTRIBUTION TRANSFER TO ASCENDIUM EDUCATION GROUP, INC. - -50000000; NORTHSTAR GUARANTEE INC MERGED INTO SOLUTIONS EFFECTIVE 12/31/2022 - 4941608;

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:	22016089
Software Version:	2022v5.0

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach 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?
(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	Yes	No
(1)ASCENDIUM EDUCATION GROUP INC 38 BUTTONWOOD CT MADISON,WI53718 39-1090394	STDNT LN SVCS	WI	501(c)(3)	Type II	NA		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

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	(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
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

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?
(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	Yes	No
(1) NORTHSTAR EDUCATION SERVICES LLC 38 BUTTONWOOD CT MADISON,WI53718 35-2626495	SERVICE	WI	GROUP	C Corporation				Yes

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

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 .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

Yes

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

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) Northstar Education ServicesLLC	P	134,847	Actual Cost

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)	(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
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

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:	22016089
Software Version:	2022v5.0

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 SUCCESS SERVICES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	8
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	7
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	159
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	608
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		61,144,777
9	Program service revenue (Part VIII, line 2g) .........	439,168,551	321,760,632
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	38,242	1,390,574
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	28,102,410	4,632,508
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	467,309,203	388,928,491
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	107,257,745	108,541,569
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	17,855,833	15,484,459
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	79,682,854	42,549,043
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	204,796,432	166,575,071
19	Revenue less expenses. Subtract line 18 from line 12.......	262,512,771	222,353,420
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	170,907,364	289,805,860
21	Total liabilities (Part X, line 26).............	104,228,074	46,008,341
22	Net assets or fund balances. Subtract line 21 from line 20.....	66,679,290	243,797,519

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 142,190,424 including grants of $ 108,541,569 ) (Revenue $ 327,783,106 )
	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 expenses142,190,424

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,989,361	1,307,280	407,172

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)		(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
(A) Name and title
(18) ROGER A ELDRIDGE - 3 NATIONAL SALES DIRECTOR	45.0 .......................0	X	137,328	0	40,745

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d	61,144,777
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		61,144,777

		Business Code
2a	COLLECTIONS & REHABILITATIONS	611710	264,912,039	264,912,039
b	DEFAULT AVERSION FEES	611710	31,663,033	31,663,033
c	ACCOUNT MAINTENANCE DEES	611710	24,346,534	24,346,534
d	COHORT CATALYST FEES	611710	412,007	412,007
e	COLLEGE COST METER FEES	611710	225,093	225,093
f	All other program service revenue.		201,926	201,926	0	0
g	Total. Add lines 2a–2f .....		321,760,632

3 Investment income (including dividends, interest, and othersimilar amounts) ......			1,390,574			1,390,574
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(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).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)	0	0	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	GUAR MISC. INCOME		611710	3,536,885	3,536,885
b	AES/FL CONTRACT		611710	1,017,092	1,017,092
c	MISCELLANEOUS REVENUE		611710	77,923	77,923
d	All other revenue ....			608	0	608	0
e	Total. Add lines 11a–11d ......			4,632,508
12	Total revenue. See instructions.....			388,928,491	326,392,532	608	1,390,574

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	107,689,819	107,689,819
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	851,750	851,750
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	0	0
4	Benefits paid to or for members .......	0	0
5	Compensation of current officers, directors, trustees, and key employees ...........	1,577,862	1,104,891	472,971
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	0	0
7	Other salaries and wages........	10,072,684	9,977,890	94,794
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	868,542	860,617	7,925
9	Other employee benefits .......	2,263,496	2,242,843	20,653
10	Payroll taxes ...........	701,875	695,471	6,404
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	1,300,226		1,300,226
c	Accounting ...........	53,121		53,121
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	1,039	1,039
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	649,239	649,239	0	0
12	Advertising and promotion ....	292,202	292,202
13	Office expenses .......	1,157,872	1,157,872
14	Information technology ......	0	0
15	Royalties ..	0	0
16	Occupancy ...........	11,535	11,535
17	Travel ............	136,439	118,527	17,912
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0	0
19	Conferences, conventions, and meetings ....	23,664	23,664
20	Interest ...........	0	0
21	Payments to affiliates .......	0	0
22	Depreciation, depletion, and amortization ..	0	0
23	Insurance ...	7,408	7,408
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	CORP SUPPORT FUNC ALLOCATION	27,814,963	5,404,322	22,410,641
b	COLLECTION FEES	3,462,087	3,462,087
c	ICSAC CONTRACT EXPENSE	2,294,422	2,294,422
d	THIRD PARTY SERVICE EXPENSE	1,688,377	1,688,377
e	All other expenses	3,656,449	3,656,449	0	0
25	Total functional expenses. Add lines 1 through 24e	166,575,071	142,190,424	24,384,647	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 if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			65,379	1	61,312
2	Savings and temporary cash investments .........			57,158,558	2	218,986,774
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			6,443,429	4	5,400,585
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 ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			2,299,348	9	261,414
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	0
b	Less: accumulated depreciation	10b	0	123,731	10c	0
11	Investments—publicly traded securities .			595,563	11	0
12	Investments—other securities. See Part IV, line 11 .....			0	12
13	Investments—program-related. See Part IV, line 11 ..			0	13
14	Intangible assets ...............			35,333,333	14	0
15	Other assets. See Part IV, line 11 ...........			68,888,023	15	65,095,775
16	Total assets. Add lines 1 through 15 (must equal line 33)...			170,907,364	16	289,805,860

17	Accounts payable and accrued expenses .....	8,269,896	17	3,014,834
18	Grants payable ...	13,075,332	18	0
19	Deferred revenue .........	9,538,096	19	7,120,534
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
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 ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
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	73,344,750	25	35,872,973
26	Total liabilities. Add lines 17 through 25..	104,228,074	26	46,008,341

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	66,679,290	27	243,797,519
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here 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 ...........	66,679,290	32	243,797,519
33	Total liabilities and net assets/fund balances ........	170,907,364	33	289,805,860