PROGRESSIVE EDUCATIONAL PROGRAM INC

EIN: 611325746 501(c)(3) Education

SOMERSET, KY

Total Revenue
$547,496
Total Expenses
$418,524
Total Assets
$316,506
Net Assets
$316,506
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
KY
Tax Period
2023-07-01 to 2024-06-30

PROGRESSIVE EDUCATIONAL PROGRAM INC, founded in 2002, is a small nonprofit in the Education sector that reported $547K in total revenue in fiscal year 2023. The organization ran a surplus of $129K, a strong 24% operating margin.

Mission

SUMMER EDUCATIONAL ASSISTANCE OF CHILDREN WITH LEARNING DISABILITIES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $547,496
TOTAL REVENUE $547,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $306,170
Fundraising Expenses $0
Program Expenses $322,454
Other Expenses $112,354
TOTAL EXPENSES $418,524

Year-over-Year Comparison

2023 2022 Change
Revenue $547,496 $523,864 +0.0%
Expenses $418,524 $366,980 +0.1%
Net Income $128,972 $156,884 -0.2%
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

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
6
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF CRESS SECRETARY 30.00
Officer
$0 $0 $0
JEFF CRESS VICE PRESIDENT 20.00
Officer
$0 $0 $0
JEFF CRESS PRESIDENT 30.00
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
2025 No data No data No data No data
2024 $547,496 $418,524 $316,506 $128,972
2023 $674,270 $432,183 $242,087 $242,087
2021 $706,972 $531,726 $353,251 $175,246
2020 $242,046 $236,097 $185,992 $5,949
2019 $376,337 $454,897 $180,043 $-78,560
2018 $549,414 $570,306 $785,250 $-20,892
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PROGRESSIVE EDUCATIONAL PROGRAM INC with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.