Civic Intelligence

Progres Foundation Corporation

EIN 86-3800184 • 501(c)3 • Middletown, CT

Profile

Progres Foundation serves as a creative hub for people from Turkmenistan and the diaspora by supporting skills development and educational programs that offer innovative solutions to societal problems. Progres Foundation brings together interdisciplinary experts scholars and practitioners many of whom are Turkmens to perform research and develop content around sustainable human development institution building and public participation in Turkmenistan. Topics focus on a wide range of developmental issues including public health social policy economic policy environmental policy culture and technology.

180 College St 2Middletown, CT 06457

progres.online saglyk.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-9.0%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$66,200

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 42.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-8.3%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-67%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$158,217

Down $14,400 (-8.3%) from 2023

Liabilities

Down

$23,529

Down $164 (-0.7%) from 2023

Net Assets

Down

$134,688

Down $14,236 (-9.6%) from 2023

Revenue

Down

$157,724

Down $320,613 (-67%) from 2023

Expenses

Down

$171,960

Down $230,694 (-57%) from 2023

Net Income

Down

-$14,236

Down $89,919 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2022: $104,385Liabilities 2022: $31,144Net Assets 2022: $73,2412022Assets 2023: $172,617Liabilities 2023: $23,693Net Assets 2023: $148,9242023Assets 2024: $158,217Liabilities 2024: $23,529Net Assets 2024: $134,6882024

Highlighted filing

2024

Assets$158,217
Liabilities$23,529
Net Assets$134,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2022: $275,766Expenses 2022: $204,225Net Income 2022: $71,5412022Revenue 2023: $478,337Expenses 2023: $402,654Net Income 2023: $75,6832023Revenue 2024: $157,724Expenses 2024: $171,960Net Income 2024: -$14,2362024

Highlighted filing

2024

Revenue$157,724
Expenses$171,960
Net Income-$14,236

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$157,724
Mission and Program Overview

Mission

Progres Foundation serves as a creative hub for people from Turkmenistan and the diaspora by supporting skills development and educational programs that offer innovative solutions to societal problems. Progres Foundation brings together interdisciplinary experts scholars and practitioners many of whom are Turkmens to perform research and develop content around sustainable human development institution building and public participation in Turkmenistan. Topics focus on a wide range of developmental issues including public health social policy economic policy environmental policy culture and technology.

Program Services

DescriptionGrantsExpenses
Progres Foundation "Progres" with one "s" as in the Turkmen language is a non-profit organization based in the United States that supports various progressive initiatives that contribute to understanding of social realities and to shaping a new vision and approaches to sustainable human development in Turkmenistan. Progres Foundations activities consist primarily of informing and educating the public in Turkmenistan with an emphasis on free access to information and critical thinking by engaging with Turkmen nationals around the world.$151,645$140,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aynabat YaylymovaExecutive DirectorFT$66,200-$66,200
Joel CowanPresident-$0--
Lisa CollTreasurer-$0--
Adele SimonsSecretary-$0--
Karina GrinsteinMember-$0--
Filing and Contact Details

Filer

Filer Name
Progres Foundation Corporation
EIN
86-3800184
In Care Of
% Aynabat Yaylymova
Address
180 COLLEGE ST 2, Middletown, CT 06457

Signing Officer

Name
Aynabat Yaylymova
Title
Executieve Director
Signed
2025-05-13
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Other expenses are: Digital literacy & resources; office expenses; travel; bank and fund transfer fees; and insurance., $5800|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Accounts payable and unearned deferred revenue, $23693, $23529|

Part V, line 34

| Explanation:| updated amended accounting policy|

Part I, Line 1

| Explanation:| Progres Foundation "Progres" with one "s" as in the Turkmen language is a non-profit organization based in the United States that supports various progressive initiatives that contribute to understanding of social realities and to shaping a new vision and approaches to sustainable human development in Turkmenistan. Progres Foundations activities consist primarily of informing and educating the public in Turkmenistan with an emphasis on free access to information and critical thinking by engaging with Turkmen nationals around the world.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:| updated amended accounting policy|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:| Progres Foundation "Progres" with one "s" as in the Turkmen language is a non-profit organization based in the United States that supports various progressive initiatives that contribute to understanding of social realities and to shaping a new vision and approaches to sustainable human development in Turkmenistan. Progres Foundations activities consist primarily of informing and educating the public in Turkmenistan with an emphasis on free access to information and critical thinking by engaging with Turkmen nationals around the world.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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