Civic Intelligence

Progress Okc a Community Development Corporation Inc.

990 • Fiscal year 2023 • EIN 81-1435304

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 16, 2024

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

(405) 604-6780

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,290,619

Up $324,589 (+34%) from 2022

Net Assets

Down

$483,230

Down $252,739 (-34%) from 2022

Liabilities

Up

$807,389

Up $577,328 (+251%) from 2022

Revenue And Expenses

Revenue

Up

$170,539

Up $82,721 (+94%) from 2022

Expenses

Down

$423,278

Down $56,138 (-12%) from 2022

Net Income

Up

-$252,739

Up $138,859 (+35%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$1,290,619
Liabilities$807,389
Net Assets$483,230
Open 2023 Filing

Operations Trend

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

2023

Revenue$170,539
Expenses$423,278
Net Income-$252,739
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 16, 2024
Return Version
2023v5.1
Gross Receipts
$170,539
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
Land, Buildings, and Equipment, Net$197,202$154,944▼ $42,258
Savings and Temporary Cash Investments$15,128$146,974▲ $131,846
Pledges and Grants Receivable$112,500$66,750▼ $45,750
Cash and Non-Interest-Bearing Accounts$567,555$58,753▼ $508,802
Other Notes and Loans Receivable, Net$51,978$30,745▼ $21,233
Prepaid Expenses and Deferred Charges$21,667--
Accounts Receivable-$1,000-
Total Assets$966,030$1,290,619▲ $324,589
Other Assets Total-$831,453-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$541,705-
Unsecured Notes Loans Payable$176,986$176,986→ $0
Accounts Payable and Accrued Expenses$53,075$88,698▲ $35,623
Total Liabilities$230,061$807,389▲ $577,328
Net Assets / Fund Balance
Net Assets With Donor Restrictions$577,260$245,039▼ $332,221
Net Assets Without Donor Restrictions$158,709$238,191▲ $79,482
Total Net Assets Fund Balance$735,969$483,230▼ $252,739
Total Liabilities and Net Assets / Fund Balance$966,030$1,290,619▲ $324,589

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$154,944$267,632$422,576
Other Assets Org$831,453--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ashley Dickson-osoChairman
Kenton TsoodlePresident
Teresa GogginsVice Chairman
Kimberly FranciscoExecutive Director
Kelly GrayTrustee
Louis AlmarazTrustee
Ray DouglasTrustee
Vilona MichaelTrustee
Joseph H AllenTreasurersecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Tramba Construction LLCConstruction423 NW 21st, Oklahoma City, OK 73103$807,654
The Alliance for Econ DevManagement Agmt105 N Hudson Ave Ste 101, Oklahoma City, OK 73102$127,225
Revenue and Support

Revenue Composition

Contributions and Grants
$132,981
Program Service Revenue
$35,709
Investment Income
$1,849
Other Revenue
$0
All Other Contributions
$132,981
Change in Net Assets
$-252,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$423,278
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
Other Expenses$112,500--$112,500
Fees for Services Management$95,248--$95,248
Depreciation Depletion$42,258--$42,258
Occupancy$34,630--$34,630
Fees for Services Legal$3,930--$3,930
Insurance-$3,621-$3,621
Office Expenses-$680-$680
Fees for Services Other-$130-$130
Total Functional Expenses$418,847$4,431$0$423,278
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 OKC; $127,225; Management Agmt”

Part VI Line 11B

“Form 990 is reviewed by the President and all trustees prior to filing.”

Part VI Line 12C

“Trustees provide annual Affirmation & Disclosure statements.”

Part VI Line 18

“www.guidestar.org”

Part VI Line 19

“Governing documents available 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
2024-10-16

Organization Details

Principal Officer
Kimberly S Francisco
Formed
2015
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7
Supplemental Narrative

Additional Explanations

Part III Line 4D

“Expenses: $76889.00 including grants of: $0.00 Revenue: $34630.00”

Part III Line 4D

“Community Service Facility”

Part III Line 4D

“Expenses: $30294.00 including grants of: $0.00 Revenue: $0.00”

Part III Line 4D

“KIVA Microloan Program”

Schedule J, Part III

“Part II - Progress OKC has no direct employees and does not pay”

Schedule J, Part III

“any compensation at this time. Mr. Tsoodle and Ms. Francisco”

Schedule J, Part III

“are direct employees of, and are paid by, the Alliance for”

Schedule J, Part III

“Economic Development of Oklahoma City, Inc. Progress OKC”

Schedule J, Part III

“contracts with the Alliance for management services. The Alliance”

Schedule J, Part III

“is an unrelated organization.”

Raw XML AppendixShowing 400 of 481 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/BOYAmt053075
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt088698
IRS990/AccountsReceivableGrp/EOYAmt01000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE EMPLOYMENT HOUSINGAND ECONOMIC DEVELOPMENT IN UNDERSERVED AND DISINVESTED COMMUNITIES THROUGHOUT OKLAHOMA CITY
IRS990/AllOtherContributionsAmt0132981
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/BOYAmt0567555
IRS990/CashNonInterestBearingGrp/EOYAmt058753
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0true
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0807654
IRS990/ContractorCompensationGrp/CompensationAmt1127225
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0423 NW 21st
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1105 N Hudson Ave Ste 101
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Oklahoma City
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Oklahoma City
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd073103
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd173102
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Tramba Construction LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1The Alliance for Econ Dev
IRS990/ContractorCompensationGrp/ServicesDesc0Construction
IRS990/ContractorCompensationGrp/ServicesDesc1Management Agmt
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0132981
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01849
IRS990/CYOtherExpensesAmt0423278
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt035709
IRS990/CYRevenuesLessExpensesAmt0-252739
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0423278
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0170539
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 200 contacts with small and minority-owned businesses and 75 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/BOYAmt0577260
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0245039
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0216684
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03930
IRS990/FeesForServicesLegalGrp/TotalAmt03930
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt095248
IRS990/FeesForServicesManagementGrp/TotalAmt095248
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0130
IRS990/FeesForServicesOtherGrp/TotalAmt0130
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/AverageHoursPerWeekRt65.000
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.000
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm6KENTON TSOODLE
IRS990/Form990PartVIISectionAGrp/PersonNm7KIMBERLY FRANCISCO
IRS990/Form990PartVIISectionAGrp/PersonNm8VILONA MICHAEL
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/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURERSECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0170539
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03621
IRS990/InsuranceGrp/TotalAmt03621
IRS990/InvestmentIncomeGrp/ExclusionAmt01849
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01849
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0267632
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0197202
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0154944
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/MortgNotesPyblScrdInvstPropGrp/EOYAmt0541705
IRS990/NetAssetsOrFundBalancesBOYAmt0735969
IRS990/NetAssetsOrFundBalancesEOYAmt0483230
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0158709
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0238191
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt03930
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt034630
IRS990/OccupancyGrp/TotalAmt034630
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0680
IRS990/OfficeExpensesGrp/TotalAmt0680
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0831453
IRS990/OtherExpensesGrp/Desc0Program/Tech Assistance
IRS990/OtherExpensesGrp/Desc1MED Week
IRS990/OtherExpensesGrp/Desc2Prog-Other
IRS990/OtherExpensesGrp/Desc3Uncollectible Grants
IRS990/OtherExpensesGrp/ProgramServicesAmt0111195
IRS990/OtherExpensesGrp/ProgramServicesAmt118504
IRS990/OtherExpensesGrp/ProgramServicesAmt2582
IRS990/OtherExpensesGrp/ProgramServicesAmt3112500
IRS990/OtherExpensesGrp/TotalAmt0111195
IRS990/OtherExpensesGrp/TotalAmt118504
IRS990/OtherExpensesGrp/TotalAmt2582
IRS990/OtherExpensesGrp/TotalAmt3112500
IRS990/OtherInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt051978
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt030745
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0112500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066750
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021667
IRS990/PrincipalOfficerNm0KIMBERLY S FRANCISCO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0Community Svc Facility
IRS990/ProgramServiceRevenueGrp/Desc1Accelerator Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11079
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11079
IRS990/ProgSrvcAccomActy2Grp/Desc0Minority Enterprise Development Program - holds an annual National Minority Development Week event in Oklahoma City to highlight minority owned businesses across industries and cultures; celebrate achievements and contributions of these businesses and entrepreneurs; and strengthen the minority business ecosystem through best practice education, consumer relations, technology innovation, and capital investment. Event hosts and partners are diverse stakeholders with Progress OKC serving as lead conver. In 2023 the event included 15 events with 35 partners and had over 400 participants.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt018504
IRS990/ProgSrvcAccomActy3Grp/Desc0Housing - Progress OKC builds homes for low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. In 2022 Progress OKC secured funding to build four new homes. All four homes were completed in 2023 and two were sold in early 2024. Since the inception of this program, 13 homes have been completed. Eleven of those homes were/will be sold to LTM income buyers and two were market rate homes.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt076476
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Community Service Facility
IRS990/ProgSrvcAccomActyOtherGrp/Desc1KIVA Microloan Program
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt076889
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt130294
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt034630
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048903
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0120
IRS990/PYOtherExpensesAmt0479416
IRS990/PYProgramServiceRevenueAmt038795
IRS990/PYRevenuesLessExpensesAmt0-391598
IRS990/PYTotalExpensesAmt0479416
IRS990/PYTotalRevenueAmt087818
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-252739
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01079
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015128
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0146974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0132981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0586033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0395664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01170321
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01849
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt038795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0283867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0838680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0297281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01494332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01849
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01976
IRS990ScheduleA/InvestmentIncomeCYPct00.00074
IRS990ScheduleA/InvestmentIncomePYPct00.00004
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.46707
IRS990ScheduleA/PublicSupportPY509Pct00.43559
IRS990ScheduleA/PublicSupportTotal509Amt01245490
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt029630
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt029630
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0260064
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0813638
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0286201
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01419163
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt029630
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt029630
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0260064
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0813638
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0286201
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01419163
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0168690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt087698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0869900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01234344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0304021
IRS990ScheduleA/Total509Grp/TotalAmt02664653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt087818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0869907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01234344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0304021
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02666629
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/BookValueAmt0154944
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0267632
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0422576
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0831453
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0154944
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0831453
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/PersonNm6KENTON TSOODLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm7KIMBERLY FRANCISCO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm8VILONA MICHAEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURERSECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt8TRUSTEE
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0See Schedule O
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Alliance for Economic Development of OKC; $127,225; Management Agmt
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the President and all trustees prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Trustees provide annual Affirmation & Disclosure statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3www.guidestar.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Expenses: $76889.00 including grants of: $0.00 Revenue: $34630.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Community Service Facility
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Expenses: $30294.00 including grants of: $0.00 Revenue: $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8KIVA Microloan Program
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Part II - Progress OKC has no direct employees and does not pay
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10any compensation at this time. Mr. Tsoodle and Ms. Francisco
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11are direct employees of, and are paid by, the Alliance for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Economic Development of Oklahoma City, Inc. Progress OKC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13contracts with the Alliance for management services. The Alliance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14is an unrelated organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III Line 4d

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,290,619
Liabilities
$807,389
Net assets
$483,230
Revenue
$170,539
Expenses
$423,278
Net income
-$252,739
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
2023Detailed filing. Detailed filing data is available for this year.$1.29$0.81$0.48$0.17$0.42$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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