Civic Intelligence

Progress Okc a Community Development Corporation Inc.

990 • Fiscal year 2022 • EIN 81-1435304

Jan 01, 2022 to Dec 31, 2022 • Filed on May 08, 2023

Organization ProfileWWW.PROGRESSOKC.ORG
105 N HUDSON AVENUE Ste 101Oklahoma City, OK 73102

(405) 604-6780

Siviq Scores

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

Liabilities / Assets

78th percentile

0.24x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

2.62x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

1st percentile

-446%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

7th percentile

-28%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-90%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$966,030

Down $383,888 (-28%) from 2021

Net Assets

Down

$735,969

Down $391,598 (-35%) from 2021

Liabilities

Up

$230,061

Up $7,710 (+3.5%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin1st percentile

Revenue

Down

$87,818

Down $782,089 (-90%) from 2021

Expenses

Up

$479,416

Up $186,413 (+64%) from 2021

Net Income

Down

-$391,598

Down $968,502 (-168%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$1.5M$1.0M$500K$0Assets 2016: $86,160Liabilities 2016: $0Net Assets 2016: $86,1602016Assets 2017: $497,052Liabilities 2017: $194,726Net Assets 2017: $302,3262017Assets 2018: $437,632Liabilities 2018: $185,205Net Assets 2018: $252,4272018Assets 2019: $459,236Liabilities 2019: $256,208Net Assets 2019: $203,0282019Assets 2020: $741,219Liabilities 2020: $190,556Net Assets 2020: $550,6632020Assets 2021: $1,349,918Liabilities 2021: $222,351Net Assets 2021: $1,127,5672021Assets 2022: $966,030Liabilities 2022: $230,061Net Assets 2022: $735,9692022Assets 2023: $1,290,619Liabilities 2023: $807,389Net Assets 2023: $483,2302023Assets 2024: $899,682Liabilities 2024: $513,406Net Assets 2024: $386,2762024

Highlighted filing

2022

Assets$966,030
Liabilities$230,061
Net Assets$735,969
Open 2022 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $101,600Expenses 2016: $15,440Net Income 2016: $86,1602016Revenue 2017: $268,435Expenses 2017: $52,272Net Income 2017: $216,1632017Revenue 2018: $817,015Expenses 2018: $866,914Net Income 2018: -$49,8992018Revenue 2019: $304,021Expenses 2019: $353,420Net Income 2019: -$49,3992019Revenue 2020: $1,234,344Expenses 2020: $886,709Net Income 2020: $347,6352020Revenue 2021: $869,907Expenses 2021: $293,003Net Income 2021: $576,9042021Revenue 2022: $87,818Expenses 2022: $479,416Net Income 2022: -$391,5982022Revenue 2023: $170,539Expenses 2023: $423,278Net Income 2023: -$252,7392023Revenue 2024: $156,809Expenses 2024: $253,763Net Income 2024: -$96,9542024

Highlighted filing

2022

Revenue$87,818
Expenses$479,416
Net Income-$391,598
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 8, 2023
Return Version
2022v5.0
Gross Receipts
$87,818
Mission and Program Overview

Mission

Promote employment, housing & economic development in disadvantaged areas & address the needs of disadvantaged persons in Oklahoma City.

Promote employment housingand economic development in underserved and disinvested communities throughout oklahoma city

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$633,978$567,555▼ $66,423
Land, Buildings, and Equipment, Net$239,460$197,202▼ $42,258
Pledges and Grants Receivable$112,500$112,500→ $0
Other Notes and Loans Receivable, Net$55,668$51,978▼ $3,690
Prepaid Expenses and Deferred Charges$43,333$21,667▼ $21,666
Savings and Temporary Cash Investments$15,007$15,128▲ $121
Accounts Receivable$3,927--
Total Assets$1,349,918$966,030▼ $383,888
Other Assets Total$246,045--
Liabilities
Unsecured Notes Loans Payable$176,986$176,986→ $0
Accounts Payable and Accrued Expenses$45,365$53,075▲ $7,710
Total Liabilities$222,351$230,061▲ $7,710
Net Assets / Fund Balance
Net Assets With Donor Restrictions$881,459$577,260▼ $304,199
Net Assets Without Donor Restrictions$246,108$158,709▼ $87,399
Total Net Assets Fund Balance$1,127,567$735,969▼ $391,598
Total Liabilities and Net Assets / Fund Balance$1,349,918$966,030▼ $383,888

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$197,202$225,374$422,576
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Ashley Dickson-osoChairman
Kenton TsoodlePresident
Teresa GogginsVice Chairman
Kimberly FranciscoExecutive Director
Keith KuhlmanInterim Exec Director
Kelly GrayAsst Secretary
Louis AlmarazAsst Secretary
Ray DouglasAsst Secretary
Joseph H AllenTreasurersecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Alliance for Econ DevelopManagement Agmt-$102,449
Revenue and Support

Revenue Composition

Contributions and Grants
$48,903
Program Service Revenue
$38,795
Investment Income
$120
Other Revenue
$0
All Other Contributions
$48,903
Change in Net Assets
$-391,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$479,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$104,397--$104,397
Depreciation Depletion$42,258--$42,258
Occupancy$34,630--$34,630
Fees for Services Other-$16,765-$16,765
Other Expenses$8,781--$8,781
Fees for Services Legal$4,290--$4,290
Insurance-$3,871-$3,871
Advertising$2,093$1,000-$3,093
Travel-$824-$824
Office Expenses-$643-$643
Conferences and Meetings-$285-$285
Total Functional Expenses$456,028$23,388$0$479,416
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI Line 3

“The Alliance for Economic Development of Oklahoma City, Inc. $102,449”

Part VI Line 11B

“Form 990 is reviewed by the Alliance President and all board members prior”

Part VI Line 11B

“to filing.”

Part VI Line 12C

“Progress OKC's Executive Director collects and reviews Annual Affirmation”

Part VI Line 12C

“& Disclosure statements signed by every board member each year.”

Part VI Line 18

“Progress OKC's 990 is available at www.guidestar.org.”

Part VI Line 19

“All governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Progress Okc Cdc
EIN
81-1435304
In Care Of
% KIMBERLY S FRANCISCO
Phone
4056046780
Address
105 N HUDSON AVENUE Ste 101, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Kimberly S Francisco
Title
Executive Director
Phone
4056046780
Signed
2023-05-08

Organization Details

Principal Officer
Kenton Tsoodle
Formed
2015
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6
Supplemental Narrative

Additional Explanations

Part III Line 4D

“Expenses: $76889.00 including grants of: $0.00 Revenue: $37030.00”

Part III Line 4D

“Community Service Facility”

Part III Line 4D

“Expenses: $16026.00 including grants of: $0.00 Revenue: $0.00”

Part III Line 4D

“Minority Enterprise Development Week”

Part III Line 4D

“Expenses: $175000.00 including grants of: $0.00 Revenue: $0.00”

Part III Line 4D

“Law Enforcement Task Force - Progress OKC was pass-thru entity only. The”

Part III Line 4D

“City of Oklahoma City executed this program.”

Raw XML AppendixShowing 400 of 493 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045365
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt053075
IRS990/AccountsReceivableGrp/BOYAmt03927
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE EMPLOYMENT HOUSINGAND ECONOMIC DEVELOPMENT IN UNDERSERVED AND DISINVESTED COMMUNITIES THROUGHOUT OKLAHOMA CITY
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01000
IRS990/AdvertisingGrp/ProgramServicesAmt02093
IRS990/AdvertisingGrp/TotalAmt03093
IRS990/AllOtherContributionsAmt048903
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKC
IRS990/BooksInCareOfDetail/PhoneNum04056046780
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0105 N HUDSON AVE Ste 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0OKLAHOMA CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073102
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0633978
IRS990/CashNonInterestBearingGrp/EOYAmt0567555
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0true
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0285
IRS990/ConferencesMeetingsGrp/TotalAmt0285
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0102449
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Alliance for Econ Develop
IRS990/ContractorCompensationGrp/ServicesDesc0Management Agmt
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt048903
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0120
IRS990/CYOtherExpensesAmt0479416
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt038795
IRS990/CYRevenuesLessExpensesAmt0-391598
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0479416
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt087818
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt042258
IRS990/DepreciationDepletionGrp/TotalAmt042258
IRS990/Desc0Entrepreneurship & Small Business - accelerates inclusive growth and strengthens small business by providing technical assistance and coaching for underserved businesses. Components include networking, industry advice and business planning from vetted experts, technological tools, and culturally competent business skills training and facilitation. To date, the program has had over 100 contacts with small and minority-owned businesses and 30 businesses completing the Accelerator Program. Progress OKC is working to secure funding to expand program offerings so that many more businesses can be reached and helped in 2023 and beyond.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0881459
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0577260
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt088149
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04290
IRS990/FeesForServicesLegalGrp/TotalAmt04290
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0104397
IRS990/FeesForServicesManagementGrp/TotalAmt0104397
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016765
IRS990/FeesForServicesOtherGrp/TotalAmt016765
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ASHLEY DICKSON-OSO
IRS990/Form990PartVIISectionAGrp/PersonNm1RAY DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm2KELLY GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH H ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm4TERESA GOGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm5LOUIS ALMARAZ
IRS990/Form990PartVIISectionAGrp/PersonNm6KEITH KUHLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KENTON TSOODLE
IRS990/Form990PartVIISectionAGrp/PersonNm8KIMBERLY FRANCISCO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURERSECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6INTERIM EXEC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt087818
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03871
IRS990/InsuranceGrp/TotalAmt03871
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0120
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0120
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0225374
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0239460
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0197202
IRS990/LandBldgEquipCostOrOtherBssAmt0422576
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Strengthen & preserve the social & economic fabric of OKCs underserved communities by engaging in programs and partnerships focused on housing stability, economic mobility, quality of place, and education.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01127567
IRS990/NetAssetsOrFundBalancesEOYAmt0735969
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0246108
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0158709
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02378
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt034630
IRS990/OccupancyGrp/TotalAmt034630
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0643
IRS990/OfficeExpensesGrp/TotalAmt0643
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0246045
IRS990/OtherExpensesGrp/Desc0Program/Tech Assistance
IRS990/OtherExpensesGrp/Desc1M.E.D. Week Expenses
IRS990/OtherExpensesGrp/Desc2Program Costs - Other
IRS990/OtherExpensesGrp/ProgramServicesAmt0243553
IRS990/OtherExpensesGrp/ProgramServicesAmt116026
IRS990/OtherExpensesGrp/ProgramServicesAmt28781
IRS990/OtherExpensesGrp/TotalAmt0243553
IRS990/OtherExpensesGrp/TotalAmt116026
IRS990/OtherExpensesGrp/TotalAmt28781
IRS990/OtherInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt055668
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt051978
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0112500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0112500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043333
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021667
IRS990/PrincipalOfficerNm0KENTON TSOODLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0236000
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3611430
IRS990/ProgramServiceRevenueGrp/Desc0LTM HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1COMM SVC FACILITY
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE FOR FEES
IRS990/ProgramServiceRevenueGrp/Desc3ACCELERATOR FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01180
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3585
IRS990/ProgSrvcAccomActy2Grp/Desc0KIVA Microloans - Progress OKC became the Oklahoma City KIVA hub in 2021. KIVA is an international organization that provides a lending platform and worldwide network of lenders, mentors, and borrowers to facilitate affordable, risk-tolerant microloans. These loans serve as the first rung on the capital ladder to provide funding to excluded small businesses who do not qualify for traditional loans. Since the Inception of the program, 21 loans totaling $73,425 have been made.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt051436
IRS990/ProgSrvcAccomActy3Grp/Desc0Housing - Progress OKC builds homes available to low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. Since the inception of this program, nine homes have been completed and sold. Seven of those homes were sold to LTM income buyers and two were market rate homes. Progress OKC secured funding to build an additional four homes in 2022. All four homes will be sold to LTM income buyers.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt048528
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01180
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Community Service Facility
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Minority Enterprise Development Week
IRS990/ProgSrvcAccomActyOtherGrp/Desc2Law Enforcement Task Force - Progress OKC was pass-thru entity only. The City of Oklahoma City executed this program.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt076889
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt116026
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt2175000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt037030
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0586033
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt0293003
IRS990/PYProgramServiceRevenueAmt0283867
IRS990/PYRevenuesLessExpensesAmt0576904
IRS990/PYTotalExpensesAmt0293003
IRS990/PYTotalRevenueAmt0869907
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-391598
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0585
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015007
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015128
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt048903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0586033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0395664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0284078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01321418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0120
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0283867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0838680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0297281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0532937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01991560
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0127
IRS990ScheduleA/InvestmentIncomeCYPct00.00004
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.43559
IRS990ScheduleA/PublicSupportPY509Pct00.44905
IRS990ScheduleA/PublicSupportTotal509Amt01443151
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt029630
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0260064
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0813638
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0286201
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0480294
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01869827
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt029630
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0260064
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0813638
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0286201
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0480294
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01869827
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt087698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0869900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01234344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0304021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0817015
IRS990ScheduleA/Total509Grp/TotalAmt03312978
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt087818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0869907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01234344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0304021
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0817015
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03313105
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0197202
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225374
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0422576
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due From OCURA LTM Housing net proceeds
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0197202
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ASHLEY DICKSON-OSO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RAY DOUGLAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2KELLY GRAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JOSEPH H ALLEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4TERESA GOGGINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5LOUIS ALMARAZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6KEITH KUHLMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm7KENTON TSOODLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm8KIMBERLY FRANCISCO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURERSECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6INTERIM EXEC DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt7PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Progress OKC has no direct employees and does not pay any
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1compensation at this time. Mr. Kuhlman, Mr. Tsoodle, and
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2Ms. Francisco are direct employees of, and are paid by,
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt3the Alliance for Economic Development of Oklahoma City, Inc.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt4Progress OKC contracts with the Alliance for management services.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt5The Alliance is an unrelated organization.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Alliance for Economic Development of Oklahoma City, Inc. $102,449
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the Alliance President and all board members prior
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Progress OKC's Executive Director collects and reviews Annual Affirmation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4& Disclosure statements signed by every board member each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Progress OKC's 990 is available at www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6All governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Expenses: $76889.00 including grants of: $0.00 Revenue: $37030.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Community Service Facility
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Expenses: $16026.00 including grants of: $0.00 Revenue: $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Minority Enterprise Development Week
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Expenses: $175000.00 including grants of: $0.00 Revenue: $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Law Enforcement Task Force - Progress OKC was pass-thru entity only. The

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$966,030
Liabilities
$230,061
Net assets
$735,969
Revenue
$87,818
Expenses
$479,416
Net income
-$391,598
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.51$0.39$0.16$0.25$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.81$0.48$0.17$0.42$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.23$0.74$0.09$0.48$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.22$1.13$0.87$0.29$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.19$0.55$1.23$0.89$0.35
2019Summary only. Only limited summary data is available for this year.$0.46$0.26$0.20$0.30$0.35$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.19$0.25$0.82$0.87$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.19$0.30$0.27$0.05$0.22
2016Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.10$0.02$0.09