Progress Texas Institute (EIN 611639490) - 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

2011

Legal Domicile

Principal Officer

Kathleen Thompson

Phone

5127300819

Tax Period

2023-01-01 to 2023-12-31

Progress Texas Institute, founded in 2011, is a small nonprofit in the Civil Rights & Advocacy sector that reported $393K in total revenue in fiscal year 2023. Revenue surged 149% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 31% operating margin.

Mission

The Progress Texas Institute provides research and strategic communications on issues with the ultimate goal of increasing civic engagement.

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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 (2023)

Revenue Breakdown

Contributions & Grants $393,443

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $393,443

Expense Breakdown

Grants Paid $1,475

Salaries & Benefits $190,929

Fundraising Expenses $2,314

Program Expenses $158,808

Other Expenses $80,689

TOTAL EXPENSES $273,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$393,443	$158,074	+1.5%
Expenses	$273,093	$474,885	-0.4%
Net Income	$120,350	$-316,811	-1.4%

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

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

$109,244

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathleen Thompson	Executive Director	40.00	Officer	$109,244	$0	$109,244
Dick Lavine	Secretary	5.00	Director	$0	$0	$0
Charles Zeller	Board Member	5.00	Director	$0	$0	$0
Jana Lynn Sanchez	Board Member	5.00	Director	$0	$0	$0
Alex Andrade	Board Member	5.00	Director	$0	$0	$0
Jason Smith	Board Member	5.00	Director	$0	$0	$0
Joi Chevalier	Board Member	5.00	Director	$0	$0	$0
Yvonne Massey Davis	Board Member	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
2024	No data	No data	No data	No data
2023	$393,443	$273,093	$265,709	$120,350
2023	No data	No data	No data	No data
2022	$158,074	$474,885	No data	$-316,811
2021	$952,190	$966,595	No data	$-14,405
2020	$1,008,148	$901,245	$559,820	$106,903
2019	$953,113	$1,076,808	$414,068	$-123,695
2018	$1,369,104	$1,001,611	$553,195	$367,493

Progress Texas Institute