Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Center on Business and Poverty Inc.
990EZ • Fiscal year 2020 • EIN 20-5282816
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 45.5% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Flat$2,545
Flat from 2020
Net Assets
$2,545
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Flat$87,945
Flat from 2020
Expenses
Flat$150,160
Flat from 2020
Net Income
Flat-$62,215
Flat from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 18, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $87,945
Mission and Program Overview
Mission
The Center on Business and Poverty was established to addresses the needs of low and moderate-income individuals and to support businesses that embody the business practices of participatory capitalism and or create good jobs. We do this through partnerships with individuals businesses and non-profits.
The Center on Business and Poverty was established to addresses the needs of low and moderate-income individuals and to support businesses that embody the business practices of participatory capitalism and/or create good jobs. We do this through partnerships with individuals, businesses, and non-profits.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Center on Business and Poverty addresses the needs of low and moderate-income individuals and businesses that create good jobs. We have: 1) started and/or helped grow 44 companies (creating over 410 jobs), 2) helped supply free personal tax services to almost 10,000 low-income employees and their families, and 3) provided online financial education to hundreds of thousands of people | $0 | $150,160 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| John Hoffmire | Chairman | PT | $0 | $40,000 | $40,000 |
| Shelley Hoffmire | Director | PT | $0 | $26,300 | $26,300 |
| Thomas Harms | Treasurer | PT | $0 | $17,958 | $17,958 |
| Len Janeski | Director | PT | $0 | $13,376 | $13,376 |
Filing and Contact Details
Filer
- Filer Name
- Progress Through Business Inc
- EIN
- 20-5282816
- In Care Of
- % Thomas Harms
- Address
- 2118 SOUTHERN PRESERVE LN, FRANKLIN, TN 37064-1647
Signing Officer
- Name
- Thomas Harms
- Title
- Treasurer
- Signed
- 2021-02-18
Supplemental Narrative
Additional Explanations
Doing Business As Names
“Center on Business and Poverty, Inc”
Part I, line 16
“| Other Expenses:, Amount:| Bank/PayPal Charges, $218| Business Supplies, $46| Insurance, $750| Licenses and Permits, $20| Publishing Expense, $40000| Legal Expense, $7650| Travel Expense, $2528| Website/Social Media Expense, $588|”
Part V, line 34
“| Explanation:| Organization changed its name from Progress Through Business to the Center on Business and Poverty and all appropriate documents were sent to the IRS on 10/1/2020 (replying to IRS Input OP: number 0423211601 00014175)|”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Center on Business and Poverty addresses the needs of low and moderate-income individuals and businesses that create good jobs. We have: 1) started and/or helped grow 44 companies (creating over 410 jobs), 2) helped supply free personal tax services to almost 10,000 low-income employees and their families, and 3) provided online financial education to hundreds of thousands of people |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | | Year:, Amount:, Description:| 2016, , | 2017, | 2018, | 2019, | 2020, | |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| Bank/PayPal Charges, $218| Business Supplies, $46| Insurance, $750| Licenses and Permits, $20| Publishing Expense, $40000| Legal Expense, $7650| Travel Expense, $2528| Website/Social Media Expense, $588| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Explanation:| Organization changed its name from Progress Through Business to the Center on Business and Poverty and all appropriate documents were sent to the IRS on 10/1/2020 (replying to IRS Input OP: number 0423211601 00014175)| |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part V, line 34 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Thomas Harms |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
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| ReturnHeader/Filer/EIN | 0 | 205282816 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKLIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
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| ReturnHeader/ReturnTs | 0 | 2021-02-18T07:31:31-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,545
- Liabilities
- -
- Net assets
- $2,545
- Revenue
- $87,945
- Expenses
- $150,160
- Net income
- -$62,215