Ascension CPA, PLLC
How we got $902K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 30% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Ascension CPA is an Oklahoma City accounting and tax firm that provides accounting, bookkeeping, tax, payroll and related services for specialized organizations such as churches, clergy, labor unions and non-profits, as well as individuals.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 22 mi · $116.4M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 8 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 9 mi · $62.6M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 9 mi · $52.1M
- COMMUNITIES FOUNDATION OF OKLAHOMA · Oklahoma City, 13 mi · $48.7M
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $1.3M |
| 2020 | Form 5500 | 6 | $996K |
| 2021 | Form 5500 | 9 | $1.5M |
| 2022 | Form 5500 | 7 | $1.2M |
| 2023 | Form 5500 | 10 | $1.7M |
| 2024 | Form 5500 | 7 | $1.2M |
| 2025 | Form 5500 | 7 | $1.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ASCENSION CPA, PLLC this business | $1.4M | — |
| Petroleum Accounting Consultants Oklahoma City | $736K | 0.0 mi |
| HEARTLAND MEDICAL BILLING & CONSULTING Oklahoma City · 3 employees | $599K | 0.2 mi |
| JAMES B. WALTERS, CPA, PLLC Oklahoma City · 3 employees | $787K | 0.5 mi |
| MCGUIRE CAPITAL MANAGEMENT, LLC Oklahoma City · 1 employees | $194K | 0.7 mi |
| JOHN M HUGO LLC Oklahoma City · 1 employees | $281K | 0.8 mi |
| JUVERA'S TAX SERVICE LLC Oklahoma City · 1 employees | $137K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $258K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $902K |
| Multiple for this size and industry | 3.5× |
| Value range | $475K – $1.2M |
| Revenue range | $945K – $1.6M |
| EBITDA range | $170K – $294K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- JWJamie WardFounder, CPA · Company website · source
- SLSarah LandrumOffice Manager · Company website · source
- BHBailey HallmarkBusiness Analyst · Company website · source
- KBKatie BishopAdministrative Assistant · Company website · source
- RMRiley MartinAccounting Clerk · Company website · source
Advisors
- BankingArmstrong BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $57K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ascension CPA, PLLC
Ascension CPA, PLLC is an accounting & tax company in Oklahoma City, Oklahoma, in business since 2018. It is owned by Cassidi Heltcel (Founder). Its estimated annual revenue is about $1.4M, with roughly $258K of EBITDA. It has about 7 employees. Its estimated business value is $902K (likely range $475K–$1.2M).
Common questions
- Who owns Ascension CPA, PLLC?
- Ascension CPA, PLLC is owned by Cassidi Heltcel (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ascension CPA, PLLC make?
- SeeBITDA estimates Ascension CPA, PLLC's annual revenue at about $1.4M (likely between $945K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ascension CPA, PLLC worth?
- About $902K, roughly 3.5× its estimated EBITDA of $258K, typical for a accounting & tax company its size. Likely range: $475K–$1.2M.
- How many employees does Ascension CPA, PLLC have?
- About 7, from its 2025 retirement-plan filing.
- When was Ascension CPA, PLLC founded?
- Ascension CPA, PLLC has been in business since 2018.