Progress Works Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,000 | 757 | 243 | 3.9 | — |
| 2017 | 7,004 | 5,906 | 1,098 | 2.7 | — |
| 2018 | 0 | 1,329 | −1,329 | 0.1 | — |
| 2019 | 2,600 | 2,173 | 427 | 2.4 | — |
| 2020 | 3,229 | 241 | 2,988 | 21.3 | — |
| 2021 | 0 | 260 | −260 | 7.7 | — |
| 2022 | 0 | 2,498 | −2,498 | -11.2 | — |
| 2023 | 0 | 180 | −180 | -167.4 | — |
In its most recent public year (2023), this organization spent $180 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-167.4 months), down from 3.9 in 2016.
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 Works Corporation'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