PROGRESS360

EIN: 923518700

PHILADELPHIA, PA

Total Revenue
$1,058,908
Total Expenses
$410,966
Total Assets
$698,471
Net Assets
$698,471
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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
2023
Legal Domicile
PA
Principal Officer
WILLIAM SPROULE
Phone
2155691634
Tax Period
2025-01-01 to 2025-12-31

PROGRESS360, founded in 2023, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2025. Revenue surged 2018% from the prior year, signaling strong growth momentum. The organization ran a surplus of $648K, a strong 61% operating margin.

Mission

TO STRENGTHEN THE PARTICIPATION OF AMERICA'S UNDERREPRESENTED POPULATIONS IN THE NATION'S AFFAIRS, UPLIFT AND EMPOWER CITIZENS TO LIVE BETTER LIVES, TO ADVOCATE FOR SOCIALLY-RESPONSIBLE EMPLOYMENT PRACTICES AND ACCOUNTABILITY TO TRANSFORM TALENT-RICH BUT RESOURCE- OR OPPORTUNITY-POOR COMMUNITIES; AND TO SPONSOR THE GROWTH OF SMALL BUSINESS AND THOSE OWNED BY MINORITIES, WOMEN AND VETERANS. TO PROMOTE BUILDING TRADES TO THE YOUTH OF AMERICA AS A VIABLE AND INSPIRING CAREER PATH AND TO ADVOCATE FOR DEVELOPMENT THAT CREATES UNION JOBS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,058,908
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,058,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $379,806
Other Expenses $410,966
TOTAL EXPENSES $410,966

Year-over-Year Comparison

2025 2024 Change
Revenue $1,058,908 $50,000 +20.2%
Expenses $410,966 $4,387 +92.7%
Net Income $647,942 $45,613 +13.2%
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

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Governance

Voting Members
3
Independent Members
3
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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY ABRANTES DIRECTOR 1.00
Officer Director
$0 $0 $0
KUNTA BEDNEY BOARD MEMBER 1.00
Director
$0 $0 $0
LAYLA BIBI BOARD MEMBER 1.00
Director
$0 $0 $0
RAY BRUGUERAS TREASURER 1.00
Officer Director
$0 $0 $0
JUAQUIN DUFF BOARD MEMBER 1.00
Director
$0 $0 $0
ERVIN JONES BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH LOCKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
LAMAR MUTTS BOARD MEMBER 1.00
Director
$0 $0 $0
PEDRO NAVEDO BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA SOCORRO OYOLA BOARD MEMBER 1.00
Director
$0 $0 $0
RICH RIVERA BOARD MEMBER 1.00
Director
$0 $0 $0
MUNGU SANCHEZ SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM SPROULE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
CINDY WILLIAMS EXECUTIVE DI 1.00
Officer Director
$0 $0 $0
JOHN YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
LYNNETTA MARKER ASST TREASUR 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
2025 $1,058,908 $410,966 $698,471 $647,942
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