Progress Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,805 | 29,988 | 34,817 | 167.6 | — |
| 2021 | 102,215 | 26,865 | 75,350 | 220.8 | — |
| 2022 | 501,178 | 102,807 | 398,371 | 104.2 | 0% |
| 2023 | 120,039 | 26,710 | 93,329 | 443.0 | 0% |
In its most recent public year (2023), this organization brought in $93,329 more than it spent. Its reserves stood at about 443 months of spending, up from 167.6 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Progress Development Corp's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works