Civic Intelligence

Neighborhood Progress Inc.

990 • Fiscal year 2012 • EIN 34-1611055

Jul 01, 2011 to Jun 30, 2012 • Filed on May 09, 2013

1956 West 25th Street No 20044113
Siviq Scores

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

Liabilities / Assets

79th percentile

0.66x

Higher debt load relative to assets than 79% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

4th percentile

-17%

Faster asset growth than 4% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$21,723,529

Down $4,595,341 (-17%) from 2011

Net Assets

Down

$7,388,411

Down $2,395,898 (-24%) from 2011

Liabilities

Down

$14,335,118

Down $2,199,443 (-13%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$6,814,216

Up $1,055,434 (+18%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $30,917,266Liabilities 2010: $17,399,171Net Assets 2010: $13,518,0952010Assets 2011: $26,318,870Liabilities 2011: $16,534,561Net Assets 2011: $9,784,3092011Assets 2012: $21,723,529Liabilities 2012: $14,335,118Net Assets 2012: $7,388,4112012Assets 2013: $25,220,512Liabilities 2013: $12,697,438Net Assets 2013: $12,523,0742013Assets 2014: $21,549,323Liabilities 2014: $12,834,372Net Assets 2014: $8,714,9512014Assets 2015: $17,860,201Liabilities 2015: $11,231,611Net Assets 2015: $6,628,5902015Assets 2016: $22,990,623Liabilities 2016: $11,188,351Net Assets 2016: $11,802,2722016Assets 2017: $19,355,894Liabilities 2017: $11,232,909Net Assets 2017: $8,122,9852017Assets 2018: $14,466,508Liabilities 2018: $11,335,653Net Assets 2018: $3,130,8552018Assets 2019: $20,302,668Liabilities 2019: $11,498,299Net Assets 2019: $8,804,3692019Assets 2020: $17,705,505Liabilities 2020: $11,983,240Net Assets 2020: $5,722,2652020Assets 2021: $14,988,219Liabilities 2021: $11,970,312Net Assets 2021: $3,017,9072021Assets 2022: $12,035,732Liabilities 2022: $11,317,143Net Assets 2022: $718,5892022Assets 2023: $12,843,906Liabilities 2023: $10,214,637Net Assets 2023: $2,629,2692023Assets 2024: $18,475,654Liabilities 2024: $15,371,915Net Assets 2024: $3,103,7392024

Highlighted filing

2012

Assets$21,723,529
Liabilities$14,335,118
Net Assets$7,388,411

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,292,7282010Expenses 2011: $5,758,7822011Expenses 2012: $6,814,2162012Expenses 2013: $9,943,4482013Revenue 2014: $5,710,945Expenses 2014: $9,519,068Net Income 2014: -$3,808,1232014Revenue 2015: $3,026,583Expenses 2015: $5,960,813Net Income 2015: -$2,934,2302015Revenue 2016: $10,920,069Expenses 2016: $5,173,120Net Income 2016: $5,746,9492016Revenue 2017: $1,869,907Expenses 2017: $5,549,194Net Income 2017: -$3,679,2872017Revenue 2018: $3,840,918Expenses 2018: $7,737,831Net Income 2018: -$3,896,9132018Revenue 2019: $12,781,738Expenses 2019: $6,761,971Net Income 2019: $6,019,7672019Revenue 2020: $4,955,149Expenses 2020: $8,037,253Net Income 2020: -$3,082,1042020Revenue 2021: $7,783,828Expenses 2021: $9,905,773Net Income 2021: -$2,121,9452021Revenue 2022: $3,959,154Expenses 2022: $6,308,472Net Income 2022: -$2,349,3182022Revenue 2023: $8,080,055Expenses 2023: $6,169,374Net Income 2023: $1,910,6812023Revenue 2024: $7,454,511Expenses 2024: $6,980,041Net Income 2024: $474,4702024

Highlighted filing

2012

Revenue-
Expenses$6,814,216
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 9, 2013
Return Version
2011v1.5
Gross Receipts
$5,137,511
Mission and Program Overview

Mission

Cleveland Neighborhood Progress is committed to advancing its mission of fostering communities of choice and opportunity. Our vision is for all of Cleveland's neighborhoods to be attractive, vibrant communities where people from all incomes, races, and generations thrive, prosper, and choose to live, learn, work, invest, and play. Cleveland Neighborhood Progress works with a wide range of community stakeholders to strengthen neighborhoods throughout the city of Cleveland. Together, we generate big ideas, advocate for them, fund them, and promote them.

Major Activities

Activity 2
Reimagining cleveland: additionally, we manage citywide vacant land reuse and vacant property reclamation and prevention programming to the areas hardest hit by foreclosure and property abandonment crisis. In 2011, neighborhood progress and its partners received the american planning association's national planning excellence award for innovation in sustaining places for the creative land reuse initiative, reimagining cleveland, which has transformed 195 unproductive vacant parcels into 124 greenspace projects within the city of cleveland, including vineyards, orchards, market and community gardens, sideyards, and pocket parks. Reimagining cleveland is made possible through the partnership of the city of cleveland, cleveland urban design collaborative, land studio, and neighborhood progress, inc. Neighborhood progress also partners with the cleveland housing network, community development nonprofit staff, the city of cleveland, and foreclosure prevention agencies in six of the nine sii neighborhoods on the opportunity homes initiative.
Activity 3
Opportunity homes: opportunity homes is a three-tiered program consisting of the renovation of homes that have become vacant through foreclosure, demolition of vacant or abandoned homes not suitable for renovation, and-through counseling, organizing and advocating for families in distress - preventing families from losing their homes through foreclosure. This initiative builds upon a network of strong community development organizations: the 27-year track record of the cleveland housing network, the financial and development capacity of neighborhood progress, the community development nonprofits' ties to the neighborhood and residents, the proven track record of counseling agencies such as empowering and strengthening ohio's people (esop) in facilitating loan modifications and workouts, and a commitment of the city of cleveland to target resources and programming to these six neighborhoods that will support them now and in the future as great places to live.the opportunity homes program has seen the acquisition and rehab of 66 homes with an average sales price of $109,061. In addition, through close coordination and collaboration with our partners in these target areas, over 350 blighted and abandoned structures have been demolished, 86 foreclosures were averted through work with counseling agencies, over 160 low income housing tax credit homes were completed, and 50 vacant lots have been brought back to beneficial use, e.g. Landscaping, pocket parks, playground or community gardens.
Filing and Contact Details

Filer

EIN
34-1611055
Raw XML AppendixShowing 400 of 869 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/Activity2/Description0REIMAGINING CLEVELAND: ADDITIONALLY, WE MANAGE CITYWIDE VACANT LAND REUSE AND VACANT PROPERTY RECLAMATION AND PREVENTION PROGRAMMING TO THE AREAS HARDEST HIT BY FORECLOSURE AND PROPERTY ABANDONMENT CRISIS. IN 2011, NEIGHBORHOOD PROGRESS AND ITS PARTNERS RECEIVED THE AMERICAN PLANNING ASSOCIATION'S NATIONAL PLANNING EXCELLENCE AWARD FOR INNOVATION IN SUSTAINING PLACES FOR THE CREATIVE LAND REUSE INITIATIVE, REIMAGINING CLEVELAND, WHICH HAS TRANSFORMED 195 UNPRODUCTIVE VACANT PARCELS INTO 124 GREENSPACE PROJECTS WITHIN THE CITY OF CLEVELAND, INCLUDING VINEYARDS, ORCHARDS, MARKET AND COMMUNITY GARDENS, SIDEYARDS, AND POCKET PARKS. REIMAGINING CLEVELAND IS MADE POSSIBLE THROUGH THE PARTNERSHIP OF THE CITY OF CLEVELAND, CLEVELAND URBAN DESIGN COLLABORATIVE, LAND STUDIO, AND NEIGHBORHOOD PROGRESS, INC. NEIGHBORHOOD PROGRESS ALSO PARTNERS WITH THE CLEVELAND HOUSING NETWORK, COMMUNITY DEVELOPMENT NONPROFIT STAFF, THE CITY OF CLEVELAND, AND FORECLOSURE PREVENTION AGENCIES IN SIX OF THE NINE SII NEIGHBORHOODS ON THE OPPORTUNITY HOMES INITIATIVE.
IRS990/Activity3/Description0OPPORTUNITY HOMES: OPPORTUNITY HOMES IS A THREE-TIERED PROGRAM CONSISTING OF THE RENOVATION OF HOMES THAT HAVE BECOME VACANT THROUGH FORECLOSURE, DEMOLITION OF VACANT OR ABANDONED HOMES NOT SUITABLE FOR RENOVATION, AND-THROUGH COUNSELING, ORGANIZING AND ADVOCATING FOR FAMILIES IN DISTRESS - PREVENTING FAMILIES FROM LOSING THEIR HOMES THROUGH FORECLOSURE. THIS INITIATIVE BUILDS UPON A NETWORK OF STRONG COMMUNITY DEVELOPMENT ORGANIZATIONS: THE 27-YEAR TRACK RECORD OF THE CLEVELAND HOUSING NETWORK, THE FINANCIAL AND DEVELOPMENT CAPACITY OF NEIGHBORHOOD PROGRESS, THE COMMUNITY DEVELOPMENT NONPROFITS' TIES TO THE NEIGHBORHOOD AND RESIDENTS, THE PROVEN TRACK RECORD OF COUNSELING AGENCIES SUCH AS EMPOWERING AND STRENGTHENING OHIO'S PEOPLE (ESOP) IN FACILITATING LOAN MODIFICATIONS AND WORKOUTS, AND A COMMITMENT OF THE CITY OF CLEVELAND TO TARGET RESOURCES AND PROGRAMMING TO THESE SIX NEIGHBORHOODS THAT WILL SUPPORT THEM NOW AND IN THE FUTURE AS GREAT PLACES TO LIVE.THE OPPORTUNITY HOMES PROGRAM HAS SEEN THE ACQUISITION AND REHAB OF 66 HOMES WITH AN AVERAGE SALES PRICE OF $109,061. IN ADDITION, THROUGH CLOSE COORDINATION AND COLLABORATION WITH OUR PARTNERS IN THESE TARGET AREAS, OVER 350 BLIGHTED AND ABANDONED STRUCTURES HAVE BEEN DEMOLISHED, 86 FORECLOSURES WERE AVERTED THROUGH WORK WITH COUNSELING AGENCIES, OVER 160 LOW INCOME HOUSING TAX CREDIT HOMES WERE COMPLETED, AND 50 VACANT LOTS HAVE BEEN BROUGHT BACK TO BENEFICIAL USE, E.G. LANDSCAPING, POCKET PARKS, PLAYGROUND OR COMMUNITY GARDENS.
IRS990/ActivityOrMissionDescription0NEIGHBORHOOD PROGRESS (NPI) IS A LOCAL COMMUNITY DEVELOPMENT FUNDING INTERMEDIARY WITH OVER TWENTY YEARS OF EXPERIENCE INVESTING IN COMMUNITY REVITALIZATION WORK IN THE CITY OF CLEVELAND. NPI WAS FOUNDED IN 1988 AND SERVES A UNIQUE FUNCTION AS IT IS THE ONLY LOCAL INTERMEDIAREY IN THE REGION AND IS PROUD TO BE NATIONALLY HIGHLIGHTD AS A LEADER FOR ENGAGING IN BEST PRACTICES IN VARIOUS FACETS OF NONPROFIT PROGRAMMING. NPI WAS ESTABLISHED BY PHILANTHROPIC AND BUSINESS LEADERS IN ORDER TO MARSHAL THE RESOURCES OF CLEVELAND'S PUBLIC AND PRIVATE SECTORS TO COUNTER DISINVESTMENT THAT IMPAIRS THE HEALTH AND LIVABILITY OF THE CITY'S NEIGHBORHOODS. NPI'S PROGRAMMING IS INTENDED TO ADDRESS THE MOST CRITICAL ISSUES CONFRONTING THE ENTIRE COMMUNITY DEVELOMENT SYSTEM. WORKING IN PARTNERSHIP WITH COMMUNITY DEVELOPMENT CORPORATIONS, LOCAL FOUNDATIONS, THE BUSINESS COMMUNITY AND GOVERNMENT, OUR EFFORTS HAVE WORKED TO CREATE A STRONG AND PRODUCTIVE SYSTEM THAT HAS VISIBLY IMPROVED MANY-SEE SCHED O
IRS990/ActivityOther/Description0ECONOMIC OPPORTUNITY: IN 2011 NEIGHBORHOOD PROGRESS ENGAGED CORPORATION FOR ENTERPRISE DEVELOPMENT (CFED) TO CONDUCT AN ASSESSMENT OF THE NEEDS, OPPORTUNITIES AND INSTITUTIONAL CAPACTIY FOR INDIVIDUAL AND COMMUNITY ASSET-BUILDING IN THE CITY OF CLEVELAND. THE ASSESSMENT WAS DESIGNED TO SHED LIGHT ON THE CURRENT STATE OF FINANCIAL SECURITY IN CLEVELAND AND PROVIDE INFORMATION TO COMMUNITY STAKEHOLDERS ON A SET OF STRATEGIES THAT WOULD MOVE CLEVELAND RESIDENTS TOWARDS FINANCIAL EMPOWERMENT. CFED FOUND THAT CLEVELAND IS HOME TO 5 OF THE TOP 30 UNBANKED CENSUS TRACTS IN THE NATION, AND NEARLY HALF OF ALL CLEVELAND HOUSEHOLDS ARE LIVING IN ASSET POVERTY, MEANING THEY DO NOT HAVE ENOUGH ASSETS TO SURVIVE THREE MONTHS AT THE POVERTY LINE WITHOUT AN INCOME. THE ASSET POVERTY RATE IS MUCH HIGHER IN CLEVELAND (48%) THAN IN OHIO (29%) OR CUYAHOGA COUNTY (34%).SINCE THE STUDY WAS COMPLETED, NEIGHBORHOOD PROGRESS DEVELOPED A PARTNERSHIP WITH KEY BANK TO STAFF ITS FINANCIAL EDUCATION CENTER IN THE BUCKEYE NEIGHBORHOOD. THE FINANCIAL EDUCATION CENTER HAS HELPED MORE THAN 16,000 INDIVIDUALS INVEST IN THEMSELVES, BETTER MANAGE THEIR FINANCES, AND ACHIEVE THEIR FINANCIAL GOALS SINCE 2004. THE FREE FINANCIAL CURRICULUM AT THE CENTER, TITLED "LEARN AND EARN", IS COMPRISED OF THIRTEEN INTERACTIVE CLASSES ON TOPICS INCLUDING MANAGING CREDIT, SAVING FOR EMERGENCIES AND FOR THE FUTURE, AND HOMEOWNERSHIP. THE CENTER ALSO OFFERS CONFIDENTIAL ONE-ONE FINANCIAL COACHING AND FINANCIAL LITERACY WORKSHOPS.IN ADDITION TO THE FINANCIAL EDUCATION CENTER, NPI DEVELOPED A BUILDING ASSETS FOR GLENVILLE RENTERS PROJECT. THE PROJECT IS DESIGNED TO BUILD THE FINANCIAL SECURITY OF LOW-INCOME FAMILIES WITHIN THE GLENVILLE NEIGHBORHOOD OF CLEVELAND. WORKING IN PARTNERSHIP WITH KEYBANK AND FAMICOS FOUNDATION, THE PROJECT IS DESIGNED TO BREAKDOWN TRADITIONAL BARRIERS TO WEALTH BUILDING OPPORTUNITIES FOR LOW-INCOME FAMILIES, PRIMARILY FEMALE SINGLE PARENTS, RESIDING IN AFFORDABLE HOUSING DEVELOPMENTS.
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IRS990/Description0STRATEGIC INVESTMENT INITIATIVE (SII): NEIGHBORHOOD PROGRESS CREATED ITS STRATIGIC INVESTMENT INITIATIVE (SII) IN 2004 OUT OF EXPERIENCE AND RESEARCH ON NATIONAL BEST PRACTICES IN NEIGHBORHOOD PLANNING AND PROGRAM DESIGN. THE INTENTION WAS TO DEVELOP A MODEL FOR REBUILDING DISTRESSED COMMUNITIES THAT CAN BE REPLICATED CITYWIDE, DEMONSTRATING THAT THROUGH TARGETED AND LAYERED INVESTMENT, PARTNERSHIP AND PLANNING, NEIGHBORHOODS CAN PROSPER, EVEN IN AN ERA OF DIMINISHED PUBLIC RESOURCES.THROUGH A COMPETITIVE GRANT PROCESS, NPI CURRENTLY PROVIDES SUPPORT TO NINE STRATEGIC INVESTMENT COMMUNITY DEVELOPMENT CORPORATIONS (CDC'S) IN THE FOLLOWING NEIGHBORHOODS: BUCKEYE, CENTRAL-KINSMAN, DETROIT SHOREWAY, FAIRFAX, GLENVILLE-WADE PARK, NORTHEAST SHORES, OHIO CITY, SLAVIC VILLAGE-BROADWAY AND TREMONT NEIGHBORHOODS. THE SSI AND ITS FUNDERS HAVE COMMITTED RESOURCES TO THESE NINE NEIGHBORHOODS AS A COMPREHENSIVE STRATEGY FOR BUILDING MARKET STRENGTH AND HEALTHY COMMUNITIES. IT INCORPORATES REAL ESTATE DEVELOPMENT WITH OTHER ASPECTS OF HEALTHY COMMUNITY LIFE SUCH AS: SAFETY, ACCESS TO WORK, CIVIC INVOLVEMENT, AMENITIES AND SCHOOLS. ON AVERAGE, THE SSI AREAS CONTAIN BETWEEN 3,000 AND 5,000 HOUSEHOLDS AND REPRESENT A DIVERSE RANGE OF INCOMES, BUILDING CONDITIONS AND SOCIAL CONDITIONS. THE POPULATIONS OF THE SERVICE AREAS OF THE NINE SSI CDC'S IS APPROXIMATELY 124,384. THE TARGETED GEOGRAPHIES ARE RECOGNIZED AS HUD NEIGHBORHOOD STABILIZATION PROGRAM (NSP) AREAS, HAVING SUFFERED GREATLY FROM THE EFFECT OF FORECLOSURES AND ABANDONMENT.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.5$15.4$3.10$7.45$6.98$0.47
2023Detailed filing. Detailed filing data is available for this year.$12.8$10.2$2.63$8.08$6.17$1.91
2022Detailed filing. Detailed filing data is available for this year.$12.0$11.3$0.72$3.96$6.31$2.35
2021Detailed filing. Detailed filing data is available for this year.$15.0$12.0$3.02$7.78$9.91$2.12
2020Detailed filing. Detailed filing data is available for this year.$17.7$12.0$5.72$4.96$8.04$3.08
2019Detailed filing. Detailed filing data is available for this year.$20.3$11.5$8.80$12.8$6.76$6.02
2018Detailed filing. Detailed filing data is available for this year.$14.5$11.3$3.13$3.84$7.74$3.90
2017Detailed filing. Detailed filing data is available for this year.$19.4$11.2$8.12$1.87$5.55$3.68
2016Detailed filing. Detailed filing data is available for this year.$23.0$11.2$11.8$10.9$5.17$5.75
2015Detailed filing. Detailed filing data is available for this year.$17.9$11.2$6.63$3.03$5.96$2.93
2014Detailed filing. Detailed filing data is available for this year.$21.5$12.8$8.71$5.71$9.52$3.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$12.7$12.5$9.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$14.3$7.39$6.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.3$16.5$9.78$5.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$17.4$13.5$7.29