Progress Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 696,906 | 824,516 | −127,610 | 51.1 | 12% |
| 2012 | 708,476 | 1,097,281 | −388,805 | 17.5 | 6% |
| 2013 | 828,450 | 1,098,533 | −270,083 | 14.5 | 7% |
| 2014 | 1,208,208 | 1,272,219 | −64,011 | 11.9 | 6% |
| 2015 | 898,369 | 1,130,066 | −231,697 | 21.4 | 7% |
| 2016 | 754,308 | 984,736 | −230,428 | 22.1 | 0% |
| 2017 | 968,462 | 882,786 | 85,676 | 26.2 | 0% |
| 2018 | 435,107 | 624,562 | −189,455 | 24.7 | 0% |
| 2019 | 991,122 | 1,034,073 | −42,951 | 14.8 | 0% |
| 2020 | 948,379 | 741,485 | 206,894 | 24.0 | 0% |
| 2021 | 948,909 | 1,023,066 | −74,157 | 14.5 | 0% |
| 2022 | 961,086 | 935,912 | 25,174 | 26.0 | 0% |
| 2023 | 1,205,829 | 1,046,134 | 159,695 | 15.5 | 11% |
| 2024 | 766,630 | 882,319 | −115,689 | 13.9 | 17% |
In its most recent public year (2024), this organization spent $115,689 more than it brought in. Its reserves stood at about 13.9 months of spending, down from 51.1 in 2011. Staff pay was 17% 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 2024. 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 Trust Inc's IRS filings as a feed — one entry per filing year, through 2024. 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