OPEN PROGRESS (EIN 821193619) - 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

2017

Legal Domicile

Principal Officer

MAHENDER NATHAN

Phone

4844160661

Tax Period

2021-01-01 to 2021-12-31

OPEN PROGRESS, founded in 2017, is a small nonprofit that reported $139K in total revenue in fiscal year 2021. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $485K exceeded revenue, resulting in a 248% operating deficit.

Mission

TO EXPAND THE ELECTORATE IN THE UNITED STATES AND IMPROVE DEMOCRACY. TO FACILITATE A WORLD WHERE LEADERS ARE HONORABLE AND AUTHENTIC. WHERE GOVERNEMENT IS BEHOLDEN TO REGULAR PEOPLE, NOT ONLY THE SUPER RICH.

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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 (2021)

Revenue Breakdown

Contributions & Grants $11,934

Program Service Revenue $127,452

Investment Income $0

Other Revenue $0

TOTAL REVENUE $139,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $218,254

Fundraising Expenses $0

Program Expenses $485,453

Other Expenses $267,199

TOTAL EXPENSES $485,453

Year-over-Year Comparison

	2021	2020	Change
Revenue	$139,386	$1,231,812	-0.9%
Expenses	$485,453	$625,257	-0.2%
Net Income	$-346,067	$606,555	-1.6%

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

N/A

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
ELIZABETH HAYNES	CFO	10.00	Officer	$0	$0	$0
MAHENDER NATHAN	President	5.00	Officer	$0	$0	$0
TOM WILDES	Secretary	1.00	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
2021	$139,386	$485,453	$581,077	$-346,067
2020	$1,231,812	$625,257	$1,570,547	$606,555
2019	$268,653	$384,143	$61,199	$-115,490
2018	$626,066	$535,934	$150,553	$90,132

OPEN PROGRESS