MANITOWOC, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROGRESS LAKESHORE INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $299K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $351K exceeded revenue, resulting in a 18% operating deficit.
TO ASSIST LOCAL BUSINESSES IN THEIR GROWTH IN THE MANITOWOC COUNTY AREA AND TO ATTRACT NEW BUSINESSES TO THE MANITOWOC COUNTY AREA.
EXCELLENCE IN ECONOMIC DEVELOPMENT AWARDS BREAKFAST IS A CELEBRATION TO RECOGNIZE BUSINESSES AND INDIVIDUALS WHO CREATE A POSITIVE BUSINESS CLIMATE IN MANITOWOC COUNTY. THERE ARE 5 AWARD CATEGORIES...
EXCELLENCE IN ECONOMIC DEVELOPMENT AWARDS BREAKFAST IS A CELEBRATION TO RECOGNIZE BUSINESSES AND INDIVIDUALS WHO CREATE A POSITIVE BUSINESS CLIMATE IN MANITOWOC COUNTY. THERE ARE 5 AWARD CATEGORIES: (1) ENTREPRENEURIAL ACHIEVEMENT AWARD, (2) NEIGHBORHOOD DEVELOPMENT AWARD, (3) CORPORATE INVESTMENT AWARD, (4) ECONOMIC ACCELERATOR OF THE YEAR AWARD, AND (5) COMMUNITY ENHANCEMENT AWARD. THIS EVENT DREW APPROXIMATELY 155 PEOPLE, AND 12 AWARDS WERE GIVEN OUT (EACH CATEGORY HAD A WINNER AND AT LEAST ONE HONORABLE MENTION). GUESTS WHO ATTENDED RECEIVED A PROGRAM BOOKLET SUMMARIZING ALL 28 NOMINEES' STORY.
STRIVING TO SUPPORT THE SUCCESS OF OUR EARLY-STAGE BUSINESSES, PROGRESS LAKESHORE OFFERS A BUSINESS MENTORING PROGRAM CALLED CIRCLES OF 7, OR C7. BASED ON THE IDEA THAT BUSINESSES LEARN BEST FROM...
STRIVING TO SUPPORT THE SUCCESS OF OUR EARLY-STAGE BUSINESSES, PROGRESS LAKESHORE OFFERS A BUSINESS MENTORING PROGRAM CALLED CIRCLES OF 7, OR C7. BASED ON THE IDEA THAT BUSINESSES LEARN BEST FROM EACH OTHER, A SEASONED LOCAL BUSINESS OWNER IS ASSIGNED TO A GROUP OF SIX EARLY-STAGE BUSINESSES TO FORM A MENTOR-PROTEGE SUPPORT CIRCLE. EACH CIRCLE MEETS MONTHLY FOR NINE MONTHS TO COVER A SPECIFIC CURRICULUM AND OTHER TOPICS BASED ON PARTICIPANTS' NEEDS. THIS PROGRAM RAN FROM SEPTEMBER 2024 - MAY 2025. WE HAD ONE CIRCLE.
SHORTER THAN OUR ETP COURSE, OUR ENTREPRENEURIAL BOOT CAMPS ARE DESIGNED TO BE A STARTING POINT FOR EXPLORING THE MINDSET, RESOURCES AND REGULATORY ENVIRONMENT ENTREPRENEURS NEED TO CONSIDER WHEN...
SHORTER THAN OUR ETP COURSE, OUR ENTREPRENEURIAL BOOT CAMPS ARE DESIGNED TO BE A STARTING POINT FOR EXPLORING THE MINDSET, RESOURCES AND REGULATORY ENVIRONMENT ENTREPRENEURS NEED TO CONSIDER WHEN STARTING A BUSINESS. IN 2024, WE HAD 29 PARTICIPANTS BETWEEN OUR FOUR BOOT CAMPS. WE HAD A GENERAL BUSINESS BOOT CAMP AND THREE FOCUSED BOOT CAMPS ON NON-PROFIT, CHILDCARE AND FOOD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $298,559 | $355,082 | -0.2% |
| Expenses | $351,328 | $382,020 | -0.1% |
| Net Income | $-52,769 | $-26,938 | +1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROBERT SEAL | BOARD MEMBER - VP (JAN-APR) PRESIDENT (MAY-DEC) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREG JAGEMANN | BOARD MEMBER - APRIL 2024 | 0.50 |
Director
|
$0 | $0 | $0 |
| JUDY FERRY | EX OFFICIO | 0.25 |
Director
|
$0 | $0 | $0 |
| JUSTIN NICKELS | EX OFFICIO | 0.25 |
Director
|
$0 | $0 | $0 |
| KAITLIN BRICE | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ABBEY QUISTORF | EX OFFICIO | 0.25 |
Director
|
$0 | $0 | $0 |
| MICHAEL YEH | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| MICHELLE FROEHLKE | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| SETH ZIPPERER | BOARD MEMBER - TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT FERGUSON | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| TODD GLOVER | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DOUG SCHWALBE | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| BILL SCHLEI | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| TROY ADAMS | BOARD MEMBER - VICE PRESIDENT (MAY-DEC) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE SZYMIK | BOARD MEMBER - SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| MYLEA JUIDICI | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIC SITKIEWITZ | BOARD MEMBER - PRESIDENT (JAN-APR) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY TOWNSEND | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| TANYA BOMAN | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| NICK MURRAY | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| CORY ERLANDSON | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID FUNKHOUSER | EX OFFICIO | 0.25 |
Director
|
$0 | $0 | $0 |
| STACY GRUNWALD | EX OFFICIO | 0.25 |
Director
|
$0 | $0 | $0 |
| RYAN KAUTH | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ANGIE ULNESS | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| JAMIE ZASTROW | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$78,528 | $0 | $78,528 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $298,559 | $351,328 | $279,218 | $-52,769 |
| 2023 | $355,082 | $382,020 | $347,327 | $-26,938 |
| 2022 | $254,689 | $480,708 | $381,514 | $-226,019 |
| 2021 | $260,560 | $234,964 | $547,604 | $25,596 |
| 2020 | $251,030 | $244,987 | $508,218 | $6,043 |
| 2019 | $286,309 | $258,398 | $509,215 | $27,911 |
| 2018 | $272,740 | $276,529 | $477,284 | $-3,789 |
Compare PROGRESS LAKESHORE INC with other nonprofits in Wisconsin and across the country.