Civic Intelligence

The Progress Fund

990 • Fiscal year 2018 • EIN 31-1598881

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 12, 2019

Organization ProfileWWW.PROGRESSFUND.ORG

View Organization Page

425 West Pittsburgh StreetGreensburg, PA 15601

(724) 216-9160

Siviq Scores

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

Liabilities / Assets

56th percentile

0.32x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

4.56x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$245,123

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

24th percentile

-3.0%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$43,180,473

Down $1,351,217 (-3.0%) from 2017

Net Assets

Up

$29,475,249

Up $1,540,830 (+5.5%) from 2017

Liabilities

Down

$13,705,224

Down $2,892,047 (-17%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin91st percentile

Revenue

Up

$3,003,099

Up $342,829 (+13%) from 2017

Expenses

Down

$1,461,874

Down $24,185 (-1.6%) from 2017

Net Income

Up

$1,541,225

Up $367,014 (+31%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$60M$40M$20M$0Assets 2010: $23,227,617Liabilities 2010: $10,667,933Net Assets 2010: $12,559,6842010Assets 2011: $30,032,278Liabilities 2011: $14,912,997Net Assets 2011: $15,119,2812011Assets 2012: $31,746,774Liabilities 2012: $15,275,002Net Assets 2012: $16,471,7722012Assets 2013: $32,939,773Liabilities 2013: $13,926,445Net Assets 2013: $19,013,3282013Assets 2014: $37,045,257Liabilities 2014: $15,633,684Net Assets 2014: $21,411,5732014Assets 2015: $37,630,654Liabilities 2015: $13,607,450Net Assets 2015: $24,023,2042015Assets 2016: $41,886,120Liabilities 2016: $15,125,248Net Assets 2016: $26,760,8722016Assets 2017: $44,531,690Liabilities 2017: $16,597,271Net Assets 2017: $27,934,4192017Assets 2018: $43,180,473Liabilities 2018: $13,705,224Net Assets 2018: $29,475,2492018Assets 2019: $44,726,847Liabilities 2019: $13,529,152Net Assets 2019: $31,197,6952019Assets 2022: $56,975,518Liabilities 2022: $10,230,617Net Assets 2022: $46,744,9012022

Highlighted filing

2018

Assets$43,180,473
Liabilities$13,705,224
Net Assets$29,475,249
Open 2018 Filing

Operations Trend

Revenue Growth69th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,357,9082010Expenses 2011: $1,585,1472011Expenses 2012: $1,466,4442012Revenue 2013: $4,233,185Expenses 2013: $1,691,629Net Income 2013: $2,541,5562013Revenue 2014: $4,090,622Expenses 2014: $1,692,377Net Income 2014: $2,398,2452014Revenue 2015: $4,308,973Expenses 2015: $1,696,710Net Income 2015: $2,612,2632015Revenue 2016: $4,220,094Expenses 2016: $1,482,031Net Income 2016: $2,738,0632016Revenue 2017: $2,660,270Expenses 2017: $1,486,059Net Income 2017: $1,174,2112017Revenue 2018: $3,003,099Expenses 2018: $1,461,874Net Income 2018: $1,541,2252018Revenue 2019: $3,612,091Expenses 2019: $1,705,693Net Income 2019: $1,906,3982019Revenue 2022: $5,589,608Expenses 2022: $1,460,409Net Income 2022: $4,129,1992022

Highlighted filing

2018

Revenue$3,003,099
Expenses$1,461,874
Net Income$1,541,225
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 12, 2019
Return Version
2018v3.1
Gross Receipts
$3,003,099
Mission and Program Overview

Mission

Raise and lend funds for community development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$21,621,790$22,574,189▲ $952,399
Other Notes and Loans Receivable, Net$21,488,124$19,029,617▼ $2,458,507
Land, Buildings, and Equipment, Net$1,253,919$1,410,769▲ $156,850
Investments Other Securities$145,699$145,304▼ $395
Prepaid Expenses and Deferred Charges$11,645$17,099▲ $5,454
Receivables From Officers Etc$10,513$3,495▼ $7,018
Total Assets$44,531,690$43,180,473▼ $1,351,217
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,945,355$12,801,007▼ $2,144,348
Deferred Revenue$1,440,075$664,663▼ $775,412
Accounts Payable and Accrued Expenses$211,841$239,554▲ $27,713
Total Liabilities$16,597,271$13,705,224▼ $2,892,047
Net Assets / Fund Balance
Unrestricted Net Assets$22,980,416$27,900,819▲ $4,920,403
Temporarily Rstr Net Assets$4,954,003$1,574,430▼ $3,379,573
Total Net Assets Fund Balance$27,934,419$29,475,249▲ $1,540,830
Total Liabilities and Net Assets / Fund Balance$44,531,690$43,180,473▼ $1,351,217

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$695,986$254,050$950,036
Buildings$602,776$133,142$735,918
Equipment$3,683$174,258$177,941
Land$108,324-$108,324
Other Land Buildings$0$15,600$15,600
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David KahleyPresident & CEOFT$188,593$56,530$245,123
Karen PostTreasurer & CFOFT$170,204$62,708$232,912

Board Members and Trustees

NameTitle
R John DawesChairman
Bryce MaretzkiVice Chairman
David MillerBoard Member
Jan DofnerBoard Member
Jared GorentzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$650,000
Program Service Revenue
$2,056,800
Investment Income
$241,584
Other Revenue
$54,715
All Other Contributions
$650,000
Change in Net Assets
$1,541,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$751,609
Other Expenses$705,265
Total Fundraising Expense$23,051
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$275,265$67,494$16,038$358,797
Interest$301,576--$301,576
Other Salaries and Wages$162,572$18,064-$180,636
Pension Plan Contributions$22,754$95,473$4,349$122,576
All Other Expenses$34,292$25,765-$60,057
Depreciation Depletion$46,848$6,735-$53,583
Other Employee Benefits$41,986$8,205$1,538$51,729
Travel$28,882$17,392-$46,274
Payroll Taxes$30,738$6,007$1,126$37,871
Insurance$10,197$11,131-$21,328
Fees for Services Accounting-$19,470-$19,470
Other Expenses$8,535$5,871-$14,406
Office Expenses$7,810$2,726-$10,536
Advertising$5,293--$5,293
Grants to Domestic Orgs$5,000--$5,000
Fees for Services Legal$3,950$350-$4,300
Total Functional Expenses$1,148,601$290,222$23,051$1,461,874
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John DawesChairman of the Progress FundLoan RepaymentNo$7,018

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$10,513$3,495▼ $7,018
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by karen post, who is the treasurer of the organization. If any questions arise, karen post contacts young, oakes, brown and co., p.c. For clarifications.”

Form 990, Part VI, Section B, Line 12C

“The progress fund regularly and consistently monitors and enforces compliance with the conflict of interest policy at their monthly meetings.”

Form 990, Part VI, Section C, Line 19

“The governing documents are made available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Progress Fund
EIN
31-1598881
Phone
7242169160
Address
425 WEST PITTSBURGH STREET, GREENSBURG, PA 15601

Signing Officer

Name
David Kahley
Title
President
Phone
7242169160
Signed
2019-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kahley
Formed
1998
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
5
Employees
8
Volunteers
0

Preparer

Firm
Young Oakes Brown & Company Pc
Address
1210 THIRTEENTH STREET, ALTOONA, PA 16601
Preparer
Daniel Bradley CPA
Phone
8149446191
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“LOSS ON SUBSIDIARY -395.”

FORM 990, PART XII, LINE 2C:

“No changes from prior year.”

Raw XML AppendixShowing 400 of 526 raw XML fields

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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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0350000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt091286
IRS990/PYOtherExpensesAmt0838520
IRS990/PYOtherRevenueAmt050006
IRS990/PYProgramServiceRevenueAmt02168978
IRS990/PYRevenuesLessExpensesAmt01174211
IRS990/PYSalariesCompEmpBnftPaidAmt0647539
IRS990/PYTotalExpensesAmt01486059
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02660270
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt010513
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt03495
IRS990/ReconcilationRevenueExpnssAmt01541225
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt051325
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02060190
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021621790
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022574189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01441564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01144075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02802236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02852732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02761446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011002053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0241584
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt091286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053975
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt067336
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0494286
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01319951
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01424909
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01363883
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01416136
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01261840
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06786719
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60180
IRS990ScheduleA/PublicSupportPY170Pct00.64110
IRS990ScheduleA/PublicSupportTotal170Amt011002053
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01441564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01144075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02802236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02852732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02761446
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011002053
IRS990ScheduleA/TotalSupportAmt018283058
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0602776
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0133142
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0735918
IRS990ScheduleD/EquipmentGrp/BookValueAmt03683
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174258
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177941
IRS990ScheduleD/LandGrp/BookValueAmt0108324
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0108324
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0695986
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0254050
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0950036
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01410769
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0188593
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1170204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt056530
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt162708
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID KAHLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KAREN POST
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER & CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0245123
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1232912
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOHN DAWES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CHAIRMAN OF THE PROGRESS FUND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt07018
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN REPAYMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt03495
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FOR DEVELOPMENT OF SMALL TOURISM BUSINESSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHN DAWES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIR OF THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt03495
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY KAREN POST, WHO IS THE TREASURER OF THE ORGANIZATION. IF ANY QUESTIONS ARISE, KAREN POST CONTACTS YOUNG, OAKES, BROWN AND CO., P.C. FOR CLARIFICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROGRESS FUND REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT THEIR MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOSS ON SUBSIDIARY -395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,180,473
Liabilities
$13,705,224
Net assets
$29,475,249
Revenue
$3,003,099
Expenses
$1,461,874
Net income
$1,541,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.0$10.2$46.7$5.59$1.46$4.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.7$13.5$31.2$3.61$1.71$1.91
2018Detailed filing. Detailed filing data is available for this year.$43.2$13.7$29.5$3.00$1.46$1.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.5$16.6$27.9$2.66$1.49$1.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.9$15.1$26.8$4.22$1.48$2.74
2015Detailed filing. Detailed filing data is available for this year.$37.6$13.6$24.0$4.31$1.70$2.61
2014Detailed filing. Detailed filing data is available for this year.$37.0$15.6$21.4$4.09$1.69$2.40
2013Detailed filing. Detailed filing data is available for this year.$32.9$13.9$19.0$4.23$1.69$2.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$15.3$16.5$1.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.0$14.9$15.1$1.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$10.7$12.6$1.36