Civic Intelligence

Progress Ohio Education Inc

990 • Fiscal year 2017 • EIN 20-5463029

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

35 East Gay Street Suite 404Columbus, OH 43215

(614) 441-9145

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.53x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

32nd percentile

-3.9%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$76,704

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$13,103

Down $7,433 (-36%) from 2016

Net Assets

Down

$6,105

Down $14,431 (-70%) from 2016

Liabilities

Up

$6,998

Up $6,998 from 2016

Revenue

Down

$371,287

Down $123,661 (-25%) from 2016

Expenses

Down

$385,718

Down $89,288 (-19%) from 2016

Net Income

Down

-$14,431

Down $34,373 (-172%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2010: $8,721Liabilities 2010: $0Net Assets 2010: $8,7212010Assets 2011: $7,117Liabilities 2011: $0Net Assets 2011: $7,1172011Assets 2012: $3,455Liabilities 2012: $0Net Assets 2012: $3,4552012Assets 2013: $9,646Liabilities 2013: $0Net Assets 2013: $9,6462013Assets 2014: $14,474Liabilities 2014: $0Net Assets 2014: $14,4742014Assets 2016: $20,536Liabilities 2016: $0Net Assets 2016: $20,5362016Assets 2017: $13,103Liabilities 2017: $6,998Net Assets 2017: $6,1052017Assets 2018: $3,961Liabilities 2018: $0Net Assets 2018: $3,9612018Assets 2019: $6,176Liabilities 2019: $0Net Assets 2019: $6,1762019Assets 2020: $1,598Liabilities 2020: $0Net Assets 2020: $1,5982020

Highlighted filing

2017

Assets$13,103
Liabilities$6,998
Net Assets$6,105

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $476,907Expenses 2010: $489,727Net Income 2010: -$12,8202010Revenue 2011: $579,150Expenses 2011: $590,791Net Income 2011: -$11,6412011Revenue 2012: $735,003Expenses 2012: $738,665Net Income 2012: -$3,6622012Revenue 2013: $458,705Expenses 2013: $457,294Net Income 2013: $1,4112013Revenue 2014: $416,597Expenses 2014: $415,270Net Income 2014: $1,3272014Revenue 2016: $494,948Expenses 2016: $475,006Net Income 2016: $19,9422016Revenue 2017: $371,287Expenses 2017: $385,718Net Income 2017: -$14,4312017Revenue 2018: $180,395Expenses 2018: $241,069Net Income 2018: -$60,6742018Revenue 2019: $63,718Expenses 2019: $61,503Net Income 2019: $2,2152019Revenue 2020: $959Expenses 2020: $5,537Net Income 2020: -$4,5782020

Highlighted filing

2017

Revenue$371,287
Expenses$385,718
Net Income-$14,431
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$371,287
Mission and Program Overview

Mission

Progress ohio education inc. (fund) is organized to conduct and distribute research studies and analysis relating to progressive policies on a broad spectrum of topics, including the economy, health care, and the environment. The goal is to foster public discussion of issues and ideas for addressing society's most urgent needs. The research, outreach and education activities are aimed at building a more just society for all people through education. Resources are directed toward grassroots organizations that work principally in these areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,536$13,103▼ $7,433
Total Assets$20,536$13,103▼ $7,433
Liabilities
Accounts Payable and Accrued Expenses-$6,998-
Total Liabilities$0$6,998▲ $6,998
Net Assets / Fund Balance
Unrestricted Net Assets$20,536$6,105▼ $14,431
Total Net Assets Fund Balance$20,536$6,105▼ $14,431
Total Liabilities and Net Assets / Fund Balance$20,536$13,103▼ $7,433
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sandra L TheisExecutive DiFT$76,704$76,704

Board Members and Trustees

NameTitle
Scott DimauroChair
Andre WashingtonBoard Member
Cathy LevineBoard Member
Chris MabeBoard Member
Frank MatthewsBoard Member
George KornBoard Member
Heather Taylor-miesleBoard Member
Jeff RusnakBoard Member
Melissa CropperBoard Member
Petee TalleyBoard Member
Robert DavisSecretary
Bill LeibenspergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$356,176
Program Service Revenue
$10,110
Investment Income
$2
Other Revenue
$4,999
All Other Contributions
$356,176
Change in Net Assets
$-14,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,998
Salaries, Compensation, and Employee Benefits$191,720
Total Fundraising Expense$48,547
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,731--$85,731
Current Officers, Directors, Trustees, and Key Employees$76,704--$76,704
Occupancy$41,917--$41,917
Other Employee Benefits$16,859--$16,859
Payroll Taxes$12,426--$12,426
Information Technology-$7,488-$7,488
Insurance-$2,686-$2,686
Office Expenses-$2,008-$2,008
Travel-$1,863-$1,863
Other Expenses$1,695$10,160$48,547$1,695
All Other Expenses$32$785-$817
Advertising-$750-$750
Total Functional Expenses$311,431$25,740$48,547$385,718
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Cpa firm prepares return based on bank statments and other records of the organization for review and comment by organizational leadership and recommended changes are made and a final version is prepared by cpa firm and executed by the executive director and transmitted to the deparment for filing.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with is written conflict of interest policy at each meeting of the board of directors, officers and board memebers verbally disclose conflict and/or potential conflicts. The organization enforces the requirment that board members recuse themselves form participation in matter in which the member has a conflict.

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director is reviewed and determined by the governing body. Only memembers of the board of diectors and legal counsel to the organization are present during these deliberations. The board of dierctors considers performance as well as comparable comepnsation for similarly qualified persons in functionally comparable positions when setting compensation for the executive director and staff. Decisions regarding compensation are contemporaneously documented in the minutes of the organization.

Form 990, Page 6, Part VI, Line 19

The organization's documents are maintained at its place of business and are available upon request.

Filing and Contact Details

Filer

Filer Name
Progress Ohio Education Inc
EIN
20-5463029
Address
35 EAST GAY STREET SUITE 404, COLUMBUS, OH 43215

Signing Officer

Name
Scott Dimauro
Title
Chair
Signed
2018-11-09

Organization Details

Principal Officer
Scott Dimauro
Voting Board Members
12
Independent Board Members
12
Employees
4

Preparer

Firm
Ottinger & Associates LLC
Address
PO BOX 185, GALENA, OH 43021-0185
Preparer
Catherine E Ottingercpa
Phone
7409656853
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Progress ohio education inc. (fund) is organized to conduct and distribute research studies and analysis relating to progressive policies on a broad spectrum of topics, including the economy, health care, and the environment. The goal is to foster public discussion of issues and ideas for addressing society's most urgent needs. The research, outreach and education activities are aimed at building a more just society for all people through education. Resources are directed toward grassroots organizations that work principally in these areas.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRESS OHIO EDUCATION INC. (FUND) IS ORGANIZED TO CONDUCT AND DISTRIBUTE RESEARCH STUDIES AND ANALYSIS RELATING TO PROGRESSIVE POLICIES ON A BROAD SPECTRUM OF TOPICS, INCLUDING THE ECONOMY, HEALTH CARE, AND THE ENVIRONMENT. THE GOAL IS TO FOSTER PUBLIC DISCUSSION OF ISSUES AND IDEAS FOR ADDRESSING SOCIETY'S MOST URGENT NEEDS. THE RESEARCH, OUTREACH AND EDUCATION ACTIVITIES ARE AIMED AT BUILDING A MORE JUST SOCIETY FOR ALL PEOPLE THROUGH EDUCATION. RESOURCES ARE DIRECTED TOWARD GRASSROOTS ORGANIZATIONS THAT WORK PRINCIPALLY IN THESE AREAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CPA FIRM PREPARES RETURN BASED ON BANK STATMENTS AND OTHER RECORDS OF THE ORGANIZATION FOR REVIEW AND COMMENT BY ORGANIZATIONAL LEADERSHIP AND RECOMMENDED CHANGES ARE MADE AND A FINAL VERSION IS PREPARED BY CPA FIRM AND EXECUTED BY THE EXECUTIVE DIRECTOR AND TRANSMITTED TO THE DEPARMENT FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH IS WRITTEN CONFLICT OF INTEREST POLICY AT EACH MEETING OF THE BOARD OF DIRECTORS, OFFICERS AND BOARD MEMEBERS VERBALLY DISCLOSE CONFLICT AND/OR POTENTIAL CONFLICTS. THE ORGANIZATION ENFORCES THE REQUIRMENT THAT BOARD MEMBERS RECUSE THEMSELVES FORM PARTICIPATION IN MATTER IN WHICH THE MEMBER HAS A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND DETERMINED BY THE GOVERNING BODY. ONLY MEMEMBERS OF THE BOARD OF DIECTORS AND LEGAL COUNSEL TO THE ORGANIZATION ARE PRESENT DURING THESE DELIBERATIONS. THE BOARD OF DIERCTORS CONSIDERS PERFORMANCE AS WELL AS COMPARABLE COMEPNSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS WHEN SETTING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND STAFF. DECISIONS REGARDING COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S DOCUMENTS ARE MAINTAINED AT ITS PLACE OF BUSINESS AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OTTINGER & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 185
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GALENA
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
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