PROGRESS MO (EIN 863461635) - 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

2021

Legal Domicile

Principal Officer

SEAN SOENDKER NICHOLSON

Phone

5732006173

Tax Period

2024-01-01 to 2024-12-31

PROGRESS MO, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $381K in total revenue in fiscal year 2024. Revenue surged 400% from the prior year, signaling strong growth momentum. The organization ran a surplus of $97K, a strong 26% operating margin.

Mission

PROGRESS MO IS A MULTI-ISSUE ADVOCACY ORGANIZATION FOCUSED ON ADVANCING PROGRESSIVE ISSUES THROUGH COMMUNICATION. OUR MISSION IS TO PROVIDE A STRONG, CREDIBLE VOICE IN ADVANCING PROGRESSIVE SOLUTIONS TO CRITICAL COMMUNITY PROBLEMS.

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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 $378,387

Program Service Revenue $2,250

Investment Income $0

Other Revenue $0

TOTAL REVENUE $380,637

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,699

Fundraising Expenses $11,051

Program Expenses $250,324

Other Expenses $158,737

TOTAL EXPENSES $283,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$380,637	$76,199	+4.0%
Expenses	$283,436	$203,171	+0.4%
Net Income	$97,201	$-126,972	-1.8%

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

$66,004

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN SOENDKER NICHOLSON	CHAIR	2.00	Officer Director	$0	$0	$0
LARA GRANICH	TREASURER	2.00	Officer Director	$0	$0	$0
MOLLY FLEMING	SECRETARY	2.00	Officer Director	$0	$0	$0
ELIZABETH MCCUNE	EXECUTIVE DI	18.00	Officer	$55,254	$0	$55,254
CLAIRE COOK- CALLEN	EXECUTIVE DI	3.00	Officer	$10,750	$0	$10,750

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	$380,637	$283,436	$247,385	$97,201
2023	$76,199	$203,171	$146,333	$-126,972
2022	$490,000	$283,730	$251,690	$206,270

PROGRESS MO