PROGRESS NORTH CAROLINA

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Jess Jollett

Phone

9196791776

Tax Period

2023-01-01 to 2023-12-31

PROGRESS NORTH CAROLINA, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $877K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Progress North Carolina conducts research, sponsors educational activities and events, and disseminates accurate and timely information to promote the general public's understanding of ways to maintain and improve North Carolina's common good and quality of life.

Program Service Accomplishments

Program 1

Expenses: $542,681 Revenue: $0

Digital Volunteer Engagement Project - Digital organizers worked to identify and engage volunteers throughout the state of North Carolina. The volunteers uplifted graphic and creative content on...

Digital Volunteer Engagement Project - Digital organizers worked to identify and engage volunteers throughout the state of North Carolina. The volunteers uplifted graphic and creative content on their own social media channels.

Program 2

Expenses: $71,004 Revenue: $0

Narrative Project - The North Carolina narrative project coordinator analyzed c3 public opinion research and helped draft messaging for c3 partners. We executed training on how to develop first...

Narrative Project - The North Carolina narrative project coordinator analyzed c3 public opinion research and helped draft messaging for c3 partners. We executed training on how to develop first person narratives.

Program 3

Expenses: $56,034 Revenue: $0

Paid Media Project - Progress North Carolina created and produced c3 advertisements for paid communications including civic education messages.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $877,042

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $877,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,400

Program Expenses $669,719

Other Expenses $897,097

TOTAL EXPENSES $897,097

Year-over-Year Comparison

	2023	2022	Change
Revenue	$877,042	$751,538	+0.2%
Expenses	$897,097	$920,886	0.0%
Net Income	$-20,055	$-169,348	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Kromm	Chairperson	1	Director	$0	$0	$0
Alison Kisor	Board Member	1	Director	$0	$0	$0
Rashad Gibson	Board Member	1	Director	$0	$0	$0
Margaret Salinger	Board Member	1	Director	$0	$0	$0
Jess Jollett	Executive Director	20	Officer	$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	$877,042	$897,097	$177,970	$-20,055
2022	$751,538	$920,886	$25,867	$-169,348
2021	$739,074	$864,885	$193,194	$-125,811
2020	$5,197,599	$4,915,360	$373,362	$282,239