Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Down$88,370
Down $2,737 (-3.0%) from 2015
Net Assets
Down$86,908
Down $1,903 (-2.1%) from 2015
Liabilities
Down$1,462
Down $834 (-36%) from 2015
Revenue And Expenses
Revenue
Down$20,642
Down $44,680 (-68%) from 2015
Expenses
Up$22,545
Up $7,730 (+52%) from 2015
Net Income
Down-$1,903
Down $52,410 (-104%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Apr 28, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $20,642
Mission and Program Overview
Mission
To develop comprehensive community development programs to support local economic development and engage in activities that lessen the burdens of government and benefit the communities served.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO DEVELOP COMPREHENSIVE COMMUNITY DEVELOPMENT PROGRAMS TO SUPPORT LOCAL ECONOMIC DEVELOPMENT AND ENGAGE IN ACTIVITIES THAT LESSEN THE BURDENS OF GOVERNMENT AND BENEFIT THE COMMUNITIES SERVED. | $0 | $3,062 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ARNIE REDSICKER | Board Chair | - | $0 | - | - |
| TODD GUSTAFSON | Member | - | $0 | - | - |
| JIM KODIS | Member | - | $0 | - | - |
| JACK MCCLOUGHAN | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Praegressus
- EIN
- 46-2410629
- Phone
- 2699271064
- Address
- 499 W MAIN STREET, BENTON HARBOR, MI 49022
Signing Officer
- Name
- Arnie Redsicker
- Title
- Board Chair
- Phone
- 2699271064
- Signed
- 2017-04-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Abraham & Gaffney Pc
- Address
- 3511 COOLIDGE ROAD SUITE 100, EAST LANSING, MI 48823
- Preparer
- William I Tucker Iv
- Phone
- 9892246836
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: rent income. Amount: 15,642.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: insurance. Amount: 3,292. Description: property taxes on inventory. Amount: 3,039. Description: bank fees. Amount: 95. Description: auto, travel, milage. Amount: 188. Description: misc. Amount: 137. Total to form 990-ez, line 16: 6,751.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: inventories for sale and use. Beg. Of year amount: 47,300. End of year amount: 47,300.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 1,729. End of year amount: 895. Description: deferred revenues. Beg. Of year amount: 567. End of year amount: 567.”
Raw XML Appendix156 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOSHUA COSNER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2699271064 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 499 W MAIN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BENTON HARBOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49022 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 10307 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7570 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1903 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8080 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 91107 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 88370 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20642 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 33500 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 33500 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 88811 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 86908 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 88811 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 86908 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 7714 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ARNIE REDSICKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TODD GUSTAFSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM KODIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JACK MCCLOUGHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 47300 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 47300 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6751 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 15642 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO DEVELOP COMPREHENSIVE COMMUNITY DEVELOPMENT PROGRAMS TO SUPPORT LOCAL ECONOMIC DEVELOPMENT AND ENGAGE IN ACTIVITIES THAT LESSEN THE BURDENS OF GOVERNMENT AND BENEFIT THE COMMUNITIES SERVED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO DEVELOP COMPREHENSIVE COMMUNITY DEVELOPMENT PROGRAMS TO SUPPORT LOCAL ECONOMIC DEVELOPMENT AND ENGAGE IN ACTIVITIES THAT LESSEN THE BURDENS OF GOVERNMENT AND BENEFIT THE COMMUNITIES SERVED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3062 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2296 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1462 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 22545 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 3062 |
| IRS990EZ/TotalRevenueAmt | 0 | 20642 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 61000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 149303 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 215303 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 15642 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4322 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 19964 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.91510 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 215303 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 61000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 149303 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 215303 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 235267 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: RENT INCOME. AMOUNT: 15,642. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INSURANCE. AMOUNT: 3,292. DESCRIPTION: PROPERTY TAXES ON INVENTORY. AMOUNT: 3,039. DESCRIPTION: BANK FEES. AMOUNT: 95. DESCRIPTION: AUTO, TRAVEL, MILAGE. AMOUNT: 188. DESCRIPTION: MISC. AMOUNT: 137. TOTAL TO FORM 990-EZ, LINE 16: 6,751. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INVENTORIES FOR SALE AND USE. BEG. OF YEAR AMOUNT: 47,300. END OF YEAR AMOUNT: 47,300. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,729. END OF YEAR AMOUNT: 895. DESCRIPTION: DEFERRED REVENUES. BEG. OF YEAR AMOUNT: 567. END OF YEAR AMOUNT: 567. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ARNIE REDSICKER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2699271064 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-04-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRAEGRESSUS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRAE |
| ReturnHeader/Filer/EIN | 0 | 462410629 |
| ReturnHeader/Filer/PhoneNum | 0 | 2699271064 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 499 W MAIN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BENTON HARBOR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49022 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382771117 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ABRAHAM & GAFFNEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3511 COOLIDGE ROAD SUITE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EAST LANSING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48823 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9892246836 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-04-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM I TUCKER IV |
| ReturnHeader/ReturnTs | 0 | 2017-04-28T14:07:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $88,370
- Liabilities
- $1,462
- Net assets
- $86,908
- Revenue
- $20,642
- Expenses
- $22,545
- Net income
- -$1,903