PROGRESSIVE ELDERCARE SERVICES - BRYANT INC

EIN: 273043003 501(c)(3) Human Services

BRYANT, AR

Total Revenue
$10,136
Total Expenses
$178,448
Total Assets
$1,792,345
Net Assets
$1,697,089
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AR
Principal Officer
NANCY BROWN
Phone
4799734200
Tax Period
2023-01-01 to 2023-12-31

PROGRESSIVE ELDERCARE SERVICES - BRYANT INC, founded in 2010, is a micro nonprofit in the Human Services sector that reported $10K in total revenue in fiscal year 2023. Expenses of $178K exceeded revenue, resulting in a 1661% operating deficit.

Mission

THE ORGANIZATION PROVIDES AFFORDABLE SKILLED NURSING AND REHABILITATIVE CARE TO ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS IN A NON-TRADITIONAL LONG-TERM CARE ENVIRONMENT UTILIZING THE "CULTURE CHANGE OR "PERSON-CENTERED" CARE MODEL.

Program Service Accomplishments

Program 1

THE ORGANIZATION ACTS IN CONCERT WITH PROGRESSIVE ELDERCARE SERVICES, INC. (PES, INC.) TO FORM A NETWORK OF NURSING FACILITIES TO SERVE AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING...

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THE ORGANIZATION ACTS IN CONCERT WITH PROGRESSIVE ELDERCARE SERVICES, INC. (PES, INC.) TO FORM A NETWORK OF NURSING FACILITIES TO SERVE AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING "CULTURE CHANGE", PERSON-CENTERED, LONG-TERM CARE FOR ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THE "CULTURE CHANGE" MODEL OF CARE IS DESIGNED TO EMPOWER ELDERS AND STAFF TO PARTICIPATE IN THE ESTABLISHMENT OF PATHWAYS THAT RESULT IN A HIGH DEGREE OF CHOICE, AUTONOMY, DIGNITY AND SELF-DETERMINATION FOR THE ELDERS SERVED. IT IS ANTICIPATED THAT WITH CONCERTED EFFORTS THE ORGANIZATION WILL INCREASE THE AVAILABILITY AND QUALITY OF HEALTH CARE FOR ITS RESPECTIVE COMMUNITIES, RESULTING IN BETTER HEALTH OUTCOMES AND QUALITY OF LIFE FOR THE ELDERLY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $10,136
Other Revenue $0
TOTAL REVENUE $10,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $178,448
TOTAL EXPENSES $178,448

Year-over-Year Comparison

2023 2022 Change
Revenue $10,136 N/A N/A
Expenses $178,448 $317,318 -0.4%
Net Income $-168,312 $-317,318 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY BROWN PRESIDENT 1.00
Officer Director
$0 $0 $0
BARBARA RIGGINS DIRECTOR 1.00
Director
$0 $0 $0
ROBBIE DALE HORNE DIRECTOR 1.00
Director
$0 $0 $0
MARK VAIL DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,136 $178,448 $1,792,345 $-168,312
2022 No data $317,318 $1,977,762 No data
2021 $598,586 $380,102 $2,276,529 $218,484
2020 $4,790,712 $4,837,224 $2,646,489 $-46,512
2019 $7,796,039 $7,725,705 $2,584,225 $70,334
2018 $7,207,597 $7,200,497 $2,664,596 $7,100
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