PROGRESSIVE VOICES INSTITUTE INC

EIN: 452426594 501(c)(3) Education

ATLANTA, GA

Total Revenue
$210,692
Total Expenses
$191,983
Total Assets
$41,796
Net Assets
$41,796
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
GA
Principal Officer
H REED HAGGARD
Phone
4047255167
Tax Period
2021-01-01 to 2021-12-31

PROGRESSIVE VOICES INSTITUTE INC, founded in 2011, is a small nonprofit in the Education sector that reported $211K in total revenue in fiscal year 2021. Revenue surged 536% from the prior year, signaling strong growth momentum. Expenses of $192K left a modest 9% surplus.

Mission

Progressive Voices Institute, Inc. ("PVI") is an educational organization with a mission to utilize the now-dominant mobile internet, as well as the burgeoning mobile app platforms and streaming capabilities on a progressive media platform that both creates original content and aggregates repurposed content from a network of producers. PVI produces a complete media universe of progressive content: news, blogs, audio, video, opinion, etc. In order to achieve this, PVI distributes programming designed and engineered to meet users where they are, whenever they want to access the content, and on whatever devices they happen to favor. This is accomplished in part through the constantly updated Progressive Voices App (the "PV App") and on the Progressive Voices website.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $113,366
Program Service Revenue $97,326
Investment Income $0
Other Revenue $0
TOTAL REVENUE $210,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,500
Fundraising Expenses $42,344
Program Expenses $116,415
Other Expenses $117,483
TOTAL EXPENSES $191,983

Year-over-Year Comparison

2021 2020 Change
Revenue $210,692 $33,102 +5.4%
Expenses $191,983 $29,505 +5.5%
Net Income $18,709 $3,597 +4.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
4
$74,425
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
H REED HAGGARD CFO/SEC/DIRECTR 20.00
Director
$33,425 $0 $33,425
JON B SINTON CEO/DIRECTOR 20.00
Director
$33,500 $0 $33,500
GEORGE VASILOPOULOS Director 5.00
Director
$7,500 $0 $7,500
David Bender Director 5.00
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
2021 $210,692 $191,983 $41,796 $18,709
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