Civic Intelligence

Progressive Equity Charter Inc.

990 • Fiscal year 2012 • EIN 80-0496070

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 22, 2013

1000 42nd Street94608
Siviq Scores

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

Liabilities / Assets

84th percentile

0.71x

Higher debt load relative to assets than 84% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M 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

37th percentile

-1.7%

Faster asset growth than 37% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$4,831,795

Down $85,656 (-1.7%) from 2011

Net Assets

Up

$1,406,755

Up $139,304 (+11%) from 2011

Liabilities

Down

$3,425,040

Down $224,960 (-6.2%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$326,736

Up $36,234 (+12%) 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.

$6.0M$4.0M$2.0M$0Assets 2011: $4,917,451Liabilities 2011: $3,650,000Net Assets 2011: $1,267,4512011Assets 2012: $4,831,795Liabilities 2012: $3,425,040Net Assets 2012: $1,406,7552012Assets 2013: $4,769,088Liabilities 2013: $3,345,105Net Assets 2013: $1,423,9832013Assets 2014: $4,661,000Liabilities 2014: $2,964,135Net Assets 2014: $1,696,8652014Assets 2015: $4,717,198Liabilities 2015: $2,766,847Net Assets 2015: $1,950,3512015Assets 2016: $4,452,151Liabilities 2016: $2,569,559Net Assets 2016: $1,882,5922016Assets 2017: $4,367,864Liabilities 2017: $2,372,271Net Assets 2017: $1,995,5932017Assets 2018: $4,285,625Liabilities 2018: $2,174,983Net Assets 2018: $2,110,6422018Assets 2019: $4,186,016Liabilities 2019: $1,977,674Net Assets 2019: $2,208,3422019Assets 2020: $4,130,079Liabilities 2020: $1,780,387Net Assets 2020: $2,349,6922020Assets 2021: $4,071,000Liabilities 2021: $1,583,099Net Assets 2021: $2,487,9012021Assets 2022: $4,010,496Liabilities 2022: $1,385,811Net Assets 2022: $2,624,6852022Assets 2023: $3,965,953Liabilities 2023: $2,243,143Net Assets 2023: $1,722,8102023Assets 2025: $4,051,895Liabilities 2025: $2,130,431Net Assets 2025: $1,921,4642025

Highlighted filing

2012

Assets$4,831,795
Liabilities$3,425,040
Net Assets$1,406,755

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $348,077Expenses 2011: $290,502Net Income 2011: $57,5752011Expenses 2012: $326,7362012Expenses 2013: $307,1722013Revenue 2014: $488,801Expenses 2014: $215,919Net Income 2014: $272,8822014Revenue 2015: $328,200Expenses 2015: $74,714Net Income 2015: $253,4862015Revenue 2016: $342,554Expenses 2016: $410,313Net Income 2016: -$67,7592016Revenue 2017: $349,848Expenses 2017: $236,847Net Income 2017: $113,0012017Revenue 2018: $364,668Expenses 2018: $249,619Net Income 2018: $115,0492018Revenue 2019: $375,600Expenses 2019: $277,921Net Income 2019: $97,6792019Revenue 2020: $375,600Expenses 2020: $234,250Net Income 2020: $141,3502020Revenue 2021: $375,600Expenses 2021: $237,391Net Income 2021: $138,2092021Revenue 2022: $375,600Expenses 2022: $238,816Net Income 2022: $136,7842022Revenue 2023: $375,600Expenses 2023: $348,438Net Income 2023: $27,1622023Revenue 2025: $411,309Expenses 2025: $242,408Net Income 2025: $168,9012025

Highlighted filing

2012

Revenue-
Expenses$326,736
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 22, 2013
Return Version
2011v1.2
Gross Receipts
$466,040
Mission and Program Overview

Mission

The mission and primary purposes of the corporation are to facilitate the development of charter schools; to lease, own, manage, and maintain an educational institution; to provide charter school facilities and operational and other support to charter schools; to assist philanthropists and foundations in accelerating the growth of high quality charter schools; and to provide and otherwise obtain or assist in obtaining charter school financing. Additionally, the corporation may engage in any activities that are reasonably related to or in furtherance of its stated charitable and public purposes, or in any other charitable activities.

Filing and Contact Details

Filer

EIN
80-0496070
Raw XML Appendix350 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/ActivityOrMissionDescription0THE MISSION AND PRIMARY PURPOSES OF THE CORPORATION ARE TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS; TO LEASE, OWN, MANAGE, AND MAINTAIN AN EDUCATIONAL INSTITUTION; TO PROVIDE CHARTER SCHOOL FACILITIES AND OPERATIONAL AND OTHER SUPPORT TO CHARTER SCHOOLS; TO ASSIST PHILANTHROPISTS AND FOUNDATIONS IN ACCELERATING THE GROWTH OF HIGH QUALITY CHARTER SCHOOLS; AND TO PROVIDE AND OTHERWISE OBTAIN OR ASSIST IN OBTAINING CHARTER SCHOOL FINANCING. ADDITIONALLY, THE CORPORATION MAY ENGAGE IN ANY ACTIVITIES THAT ARE REASONABLY RELATED TO OR IN FURTHERANCE OF ITS STATED CHARITABLE AND PUBLIC PURPOSES, OR IN ANY OTHER CHARITABLE ACTIVITIES.
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IRS990/MissionDescription0THE MISSION AND PRIMARY PURPOSES OF THE CORPORATION ARE TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS; TO LEASE, OWN, MANAGE, AND MAINTAIN AN EDUCATIONAL INSTITUTION; TO PROVIDE CHARTER SCHOOL FACILITIES AND OPERATIONAL AND OTHER SUPPORT TO CHARTER SCHOOLS; TO ASSIST PHILANTHROPISTS AND FOUNDATIONS IN ACCELERATING THE GROWTH OF HIGH QUALITY CHARTER SCHOOLS; AND TO PROVIDE AND OTHERWISE OBTAIN OR ASSIST IN OBTAINING CHARTER SCHOOL FINANCING. ADDITIONALLY, THE CORPORATION MAY ENGAGE IN ANY ACTIVITIES THAT ARE REASONABLY RELATED TO OR IN FURTHERANCE OF ITS STATED CHARITABLE AND PUBLIC PURPOSES, OR IN ANY OTHER CHARITABLE ACTIVITIES.
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IRS990ScheduleO/GeneralExplanation/Explanation0A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
IRS990ScheduleO/GeneralExplanation/Explanation1OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation2COMPENSATION ARRANGMENTS ARE APPROVED IN ADVANCE OF PAYING COMPENSATION. COMPENSATION DATE AND TERMS ARE DOCUMENTED IN WRITING. COMPARABLE COMPENSATION BY SIMILAR ORGANIZATIONS, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS ARE CONSIDERED WHEN DETERMINING COMPENSATION. THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY COMPENSATION ARRANGEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation3DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0800496070
ReturnHeader/Filer/Name/BusinessNameLine10PROGRESSIVE EQUITY CHARTER INC
ReturnHeader/Filer/NameControl0PROG
ReturnHeader/Filer/Phone09256836563
ReturnHeader/Filer/USAddress/AddressLine101000 42ND STREET
ReturnHeader/Filer/USAddress/City0OAKLAND
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode094608
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-01-22
ReturnHeader/Officer/Name0ADAM KAYE
ReturnHeader/Officer/Phone09256836563
ReturnHeader/Officer/Title0TREASURER
ReturnHeader/PreparerFirm/EIN0952242818
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10VICENTI LLOYD & STUTZMAN LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine102210 E ROUTE 66 SUITE 100
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0GLENDORA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode091740
ReturnHeader/Preparer/Name0WADE MCMULLEN
ReturnHeader/Preparer/Phone06268577300
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-01-29T10:45:27-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$2.13$1.92$0.41$0.24$0.17
2023Summary only. Only limited summary data is available for this year.$3.97$2.24$1.72$0.38$0.35$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$1.39$2.62$0.38$0.24$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$1.58$2.49$0.38$0.24$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$1.78$2.35$0.38$0.23$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.19$1.98$2.21$0.38$0.28$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$2.17$2.11$0.36$0.25$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$2.37$2.00$0.35$0.24$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$2.57$1.88$0.34$0.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.72$2.77$1.95$0.33$0.07$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.66$2.96$1.70$0.49$0.22$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$3.35$1.42$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$3.43$1.41$0.33
2011Summary only. Only limited summary data is available for this year.$4.92$3.65$1.27$0.35$0.29$0.06