PROGRESS HOUSE INC (EIN 942535820) - 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

1973

Legal Domicile

Principal Officer

CINDY CARLSON

Phone

5306269240

Tax Period

2024-07-01 to 2025-06-30

PROGRESS HOUSE INC, founded in 1973, is a community nonprofit in the Mental Health sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

RESPONDING TO THE NEEDS OF THE ALCOHOL AND THE OTHER DRUG TREATMENT COMMUNITY SINCE THE ORIGIN OF PROGRESS HOUSE IN 1973, PROGRESS HOUSE HAS EXPANDED AND DIVERSIFIED TO MEET THE NEEDS OF THE COMMUNITIES.

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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 $4,032,778

Program Service Revenue $48,500

Investment Income $29,708

Other Revenue $4,464

TOTAL REVENUE $4,115,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,739,668

Fundraising Expenses $0

Program Expenses $3,619,130

Other Expenses $1,394,065

TOTAL EXPENSES $4,133,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,115,450	$6,095,179	-0.3%
Expenses	$4,133,733	$3,899,453	+0.1%
Net Income	$-18,283	$2,195,726	-1.0%

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

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

$158,698

Total Directors

$158,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY CARLSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$158,698	$0	$158,698
CARI MCCRACKEN	PRESIDENT	2.00	Director	$0	$0	$0
NICOL LANGLEY	VICE PRESIDENT	2.00	Director	$0	$0	$0
KEN TORKELSON	SECRETARY	2.00	Director	$0	$0	$0
DARREN LAMB	TREASURER	2.00	Director	$0	$0	$0
MERETHE DYER	DIRECTOR	2.00	Director	$0	$0	$0
JAMIE MABERRY	MEMBER	2.00	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
2025	$4,115,450	$4,133,733	$5,201,288	$-18,283
2024	$6,095,179	$3,899,453	$5,431,488	$2,195,726
2023	$3,791,736	$2,724,711	$3,359,271	$1,067,025
2022	$2,835,021	$2,107,622	$2,641,222	$727,399
2021	$2,121,944	$2,307,231	$2,064,390	$-185,287
2020	$1,937,525	$2,239,997	$2,427,733	$-302,472
2019	$2,145,871	$2,262,209	$2,323,488	$-116,338

PROGRESS HOUSE INC