PROGRESSIVE HEALTHCARE PROVIDERS INC (EIN 582103656) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

SARA A CASE

Phone

9016925555

Tax Period

2024-07-01 to 2025-06-30

PROGRESSIVE HEALTHCARE PROVIDERS INC, founded in 1990, is a small nonprofit in the Health Care sector that reported $258K in total revenue in fiscal year 2024. Expenses of $237K left a modest 8% surplus.

Mission

ESTABLISH, ACQUIRE, AND MAINTAIN NON-PROFIT HEALTHCARE PROGRAMS AND SERVICES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $249,457

Investment Income $8,145

Other Revenue $0

TOTAL REVENUE $257,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,028

Fundraising Expenses $0

Program Expenses $236,837

Other Expenses $8,809

TOTAL EXPENSES $236,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,602	$260,986	0.0%
Expenses	$236,837	$226,616	+0.0%
Net Income	$20,765	$34,370	-0.4%

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

Governance

Voting Members

Independent Members

Employees

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

$137,000

Total Directors

$217,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES R SYKES JR	BOARD MEMBER	1.00	Director	$65,500	$0	$65,500
BARBARA J RAY	BOARD MEMBER	1.00	Director	$15,000	$0	$15,000
DANIEL C LANGFORD JR	CFO/BOARD MEMBER/TREASURER	10.00	Officer Director	$18,250	$0	$18,250
SARA A CASE	CEO/BOARD MEMBER/SECRETARY	10.00	Officer Director	$101,750	$0	$101,750
HEATHER LOOBY	CHAIRMAN OF THE BOARD	10.00	Officer Director	$17,000	$0	$17,000

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
2025	$257,602	$236,837	$307,850	$20,765
2024	$260,986	$226,616	$287,085	$34,370
2023	$231,238	$215,907	$252,782	$15,331
2022	$193,392	$201,594	$237,451	$-8,202
2021	$155,424	$194,082	$245,653	$-38,658
2020	$223,481	$188,868	$284,311	$34,613
2019	$185,828	$189,108	$249,698	$-3,280

PROGRESSIVE HEALTHCARE PROVIDERS INC