Civic Intelligence

Progreso - Latino Progress Alliance

990 • Fiscal year 2022 • EIN 45-5042646

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

PO Box 30669Seattle, WA 98103

(206) 432-5081

Siviq Scores

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

Liabilities / Assets

50th percentile

0.01x

Higher debt load relative to assets than 50% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.08x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

79th percentile

30%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$86,189

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 75.8% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

66th percentile

5.9%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-85%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$777,984

Up $43,347 (+5.9%) from 2021

Net Assets

Up

$768,763

Up $34,126 (+4.6%) from 2021

Liabilities

Up

$9,221

Up $9,221 from 2021

Revenue

Down

$113,660

Down $623,265 (-85%) from 2021

Expenses

Down

$79,534

Down $381,525 (-83%) from 2021

Net Income

Down

$34,126

Down $241,740 (-88%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $258,884Liabilities 2019: $16,010Net Assets 2019: $242,8742019Assets 2020: $459,301Liabilities 2020: $529Net Assets 2020: $458,7722020Assets 2021: $734,637Liabilities 2021: $0Net Assets 2021: $734,6372021Assets 2022: $777,984Liabilities 2022: $9,221Net Assets 2022: $768,7632022Assets 2023: $958,697Liabilities 2023: $59,554Net Assets 2023: $899,1432023Assets 2024: $1,534,829Liabilities 2024: $56,607Net Assets 2024: $1,478,2222024

Highlighted filing

2022

Assets$777,984
Liabilities$9,221
Net Assets$768,763

Operations Trend

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

$1.0M$500K$0Revenue 2019: $269,000Expenses 2019: $58,616Net Income 2019: $210,3842019Revenue 2020: $258,014Expenses 2020: $48,916Net Income 2020: $209,0982020Revenue 2021: $736,925Expenses 2021: $461,059Net Income 2021: $275,8662021Revenue 2022: $113,660Expenses 2022: $79,534Net Income 2022: $34,1262022Revenue 2023: $329,140Expenses 2023: $198,760Net Income 2023: $130,3802023Revenue 2024: $936,686Expenses 2024: $357,607Net Income 2024: $579,0792024

Highlighted filing

2022

Revenue$113,660
Expenses$79,534
Net Income$34,126
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$113,660
Mission and Program Overview

Mission

Progreso's mission is to ensure that latino communities are fairly represented in washington states social, economic and political systems to improve the quality of life for all washingtonians. We believe that community-based support, civic engagement, and advocacy are needed to ensure that the needs of the latino community are represented in decision making at the state level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$480,000$480,000→ $0
Cash and Non-Interest-Bearing Accounts$254,637$297,984▲ $43,347
Total Assets$734,637$777,984▲ $43,347
Liabilities
Accounts Payable and Accrued Expenses-$9,221-
Total Liabilities$0$9,221▲ $9,221
Net Assets / Fund Balance
Net Assets With Donor Restrictions$480,000$480,000→ $0
Net Assets Without Donor Restrictions$254,637$288,763▲ $34,126
Total Net Assets Fund Balance$734,637$768,763▲ $34,126
Total Liabilities and Net Assets / Fund Balance$734,637$777,984▲ $43,347
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lilliane BallesterosExecutive Di$86,189$86,189

Board Members and Trustees

NameTitle
David B MendozaPresident
Ana Ruiz PeraltaDirector
Jimena GarciaDirector
Lylianna AllalaDirector
Marissa ChavezDirector
Roxana GomezDirector
Adan EspinoDirector (en
Emilio GarzaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$113,660
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$113,250
Change in Net Assets
$34,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,534
Total Fundraising Expense$800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$17,611$28,620$800$47,031
Fees for Services Accounting-$13,893-$13,893
Fees for Services Lobbying$5,504$611-$6,115
Office Expenses$5,484--$5,484
Travel$5,051--$5,051
Other Expenses$359$15-$359
Total Functional Expenses$35,595$43,139$800$79,534
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$893
Section 527 Activity Spending$893
Total Exempt Function Spending$893
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

The organization has two classes of voting members: individual and organizational. Each member has one vote at all meetings. The act of a majority of the members voting shall be the act of the members.

Form 990, Page 6, Part VI, Line 7A

40% of the organization's board shall consist of board members of the latino community fund of washington state. 30% of the organization's board shall be elected by organizational members. 30% of the organization's board shall be elected by individual members.

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

A draft copy of the form 990 is reviewed by the management. A copy of the final form 990 is provided to the board of directors prior to filing the tax return.

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

The organization does not allow members of the board of directors who have conflicts of interest related to a specific issue to vote on that issue. The organization annually reminds board members about conflict of interest policy and requests signed certifications that they have read and understand the policy.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available upon written request to its offices.

Filing and Contact Details

Filer

Filer Name
Progreso - Latino Progress Alliance
EIN
45-5042646
Phone
2064325081
Address
PO BOX 30669, SEATTLE, WA 98103

Signing Officer

Name
Lilliane Ballesteros
Title
Executive Director
Phone
2064325081
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lilliane Ballesteros
Formed
2012
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Finney Neill & Company Ps
Address
9757 GREENWOOD AVE N, SEATTLE, WA 98103
Preparer
Joshua J Breiling CPA
Phone
2062989811
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Progreso's mission is to ensure that latino communities are fairly represented in washington states social, economic and political systems to improve the quality of life for all washingtonians. We believe that community-based support, civic engagement, and advocacy are needed to ensure that the needs of the latino community are represented in decision making at the state level.

Form 990, Page 2, Part III, Line 3

The organization ceased fiscal sponsorship of the wa census alliance.

Form 990, Part IX, Line 11G

Get out the vote 17,611 2,349 0 consulting 0 24,108 0 communications 0 2,163 0 grant management 0 0 800 total 17,611 28,620 800

Financial Statement Notes

Schedule D, Page 3, Part X

The organization accounts for tax positions in accordance with the recognition and initial measurement sections of the fasb accounting standards codification topic 740, income taxes. With few exceptions, progreso: latino progress alliance is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed progreso: latino progress alliances tax positions and determined there were no uncertain tax positions as of december 31, 2022.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR TAX POSITIONS IN ACCORDANCE WITH THE RECOGNITION AND INITIAL MEASUREMENT SECTIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. WITH FEW EXCEPTIONS, PROGRESO: LATINO PROGRESS ALLIANCE IS SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PRIOR THREE YEARS. MANAGEMENT HAS REVIEWED PROGRESO: LATINO PROGRESS ALLIANCES TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRESO'S MISSION IS TO ENSURE THAT LATINO COMMUNITIES ARE FAIRLY REPRESENTED IN WASHINGTON STATES SOCIAL, ECONOMIC AND POLITICAL SYSTEMS TO IMPROVE THE QUALITY OF LIFE FOR ALL WASHINGTONIANS. WE BELIEVE THAT COMMUNITY-BASED SUPPORT, CIVIC ENGAGEMENT, AND ADVOCACY ARE NEEDED TO ENSURE THAT THE NEEDS OF THE LATINO COMMUNITY ARE REPRESENTED IN DECISION MAKING AT THE STATE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CEASED FISCAL SPONSORSHIP OF THE WA CENSUS ALLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS TWO CLASSES OF VOTING MEMBERS: INDIVIDUAL AND ORGANIZATIONAL. EACH MEMBER HAS ONE VOTE AT ALL MEETINGS. THE ACT OF A MAJORITY OF THE MEMBERS VOTING SHALL BE THE ACT OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt340% OF THE ORGANIZATION'S BOARD SHALL CONSIST OF BOARD MEMBERS OF THE LATINO COMMUNITY FUND OF WASHINGTON STATE. 30% OF THE ORGANIZATION'S BOARD SHALL BE ELECTED BY ORGANIZATIONAL MEMBERS. 30% OF THE ORGANIZATION'S BOARD SHALL BE ELECTED BY INDIVIDUAL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT COPY OF THE FORM 990 IS REVIEWED BY THE MANAGEMENT. A COPY OF THE FINAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT ALLOW MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE CONFLICTS OF INTEREST RELATED TO A SPECIFIC ISSUE TO VOTE ON THAT ISSUE. THE ORGANIZATION ANNUALLY REMINDS BOARD MEMBERS ABOUT CONFLICT OF INTEREST POLICY AND REQUESTS SIGNED CERTIFICATIONS THAT THEY HAVE READ AND UNDERSTAND THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST TO ITS OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GET OUT THE VOTE 17,611 2,349 0 CONSULTING 0 24,108 0 COMMUNICATIONS 0 2,163 0 GRANT MANAGEMENT 0 0 800 TOTAL 17,611 28,620 800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LATINO COMMUNITY FUND OF WA STATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0205987399
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 30669
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SEATTLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PART II, LINE 1, COLUMN B: LATINO COMMUNITY FUND OF WA STATE'S MISSION IS TO IMPROVE THE WELL-BEING OF THE LATINOS IN WASHINGTON STATE.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0734637
IRS990/TotalAssetsEOYAmt0777984
IRS990/TotalAssetsGrp/BOYAmt0734637
IRS990/TotalAssetsGrp/EOYAmt0777984
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0113660
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0800
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043139
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt035595
IRS990/TotalFunctionalExpensesGrp/TotalAmt079534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt09221
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt09221
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0734637
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0768763
IRS990/TotalOtherCompensationAmt04715
IRS990/TotalProgramServiceExpensesAmt035595
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113660
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0734637
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0777984
IRS990/TotReportableCompRltdOrgAmt081474
IRS990/TravelGrp/ProgramServicesAmt05051
IRS990/TravelGrp/TotalAmt05051
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 30669
IRS990/USAddress/CityNm0SEATTLE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098103
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0PROGRESOWA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LILLIANE BALLESTEROS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02064325081
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROGRESO - LATINO PROGRESS ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0PROG
ReturnHeader/Filer/EIN0455042646
ReturnHeader/Filer/PhoneNum02064325081
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 30669
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098103
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911566381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FINNEY NEILL & COMPANY PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09757 GREENWOOD AVE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098103
ReturnHeader/PreparerPersonGrp/PhoneNum02062989811
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA J BREILING CPA
ReturnHeader/ReturnTs02023-11-15T12:42:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LILLIANE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BALLESTEROS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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