PROGRESS OKC CDC (EIN 811435304) - 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

2015

Legal Domicile

Principal Officer

KIMBERLY S FRANCISCO

Phone

4056046780

Tax Period

2023-01-01 to 2023-12-31

PROGRESS OKC CDC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $171K in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $423K exceeded revenue, resulting in a 148% operating deficit.

Mission

PROMOTE EMPLOYMENT HOUSINGAND ECONOMIC DEVELOPMENT IN UNDERSERVED AND DISINVESTED COMMUNITIES THROUGHOUT OKLAHOMA CITY

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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 $132,981

Program Service Revenue $35,709

Investment Income $1,849

Other Revenue $0

TOTAL REVENUE $170,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $418,847

Other Expenses $423,278

TOTAL EXPENSES $423,278

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,539	$87,818	+0.9%
Expenses	$423,278	$479,416	-0.1%
Net Income	$-252,739	$-391,598	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY DICKSON-OSO	CHAIRMAN	1.000	Director	$0	$0	$0
RAY DOUGLAS	TRUSTEE	1.000	Director	$0	$0	$0
KELLY GRAY	TRUSTEE	1.000	Director	$0	$0	$0
JOSEPH H ALLEN	TREASURERSECRETARY	1.000	Director	$0	$0	$0
TERESA GOGGINS	VICE CHAIRMAN	1.000	Director	$0	$0	$0
LOUIS ALMARAZ	TRUSTEE	1.000	Director	$0	$0	$0
KENTON TSOODLE	PRESIDENT	5.000	Officer	$0	$0	$0
KIMBERLY FRANCISCO	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
VILONA MICHAEL	TRUSTEE	1.000	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	$170,539	$423,278	$1,290,619	$-252,739
2022	$87,818	$479,416	$966,030	$-391,598
2021	$869,907	$293,003	$1,349,918	$576,904
2020	$1,234,344	$886,709	$741,219	$347,635
2018	$817,015	$866,914	$437,632	$-49,899

PROGRESS OKC CDC