Nonprofit screen
Screen a listProgress Michigan Education Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$3.9Mrevenue
FY2024 · +364% in 3 yrs27staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin28.4%
Months of reserve6.7mo
Revenue growth (annualized)+25.2%
Middle half of peersMedianProgress Michigan Education
Where the money goes FY2024 · $2.8M spent
Programs$2.6M95%Management and general$127k5%Fundraising$23k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$24k in FY2022 and −$303k in FY2023. Cash covers 6.7 months, above the peer median of 5.2.
990 Part I and balance sheetIn its favor2
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 25% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort40funders
$1.0Ma year, last 3 years
38%from its largest funder
Funder’17’18’19’20’21’22’23Progress Now EducationSince FY2019$15k$4.0M$15k$8k$350kThe Ford FoundationEvery year since FY2017$200k$200k$500k$300k$200k$200k$200kMichigan Civic Education FundStopped after FY2022$50k$170k$1.0M–NEO Philanthropy IncStopped after FY2020$138k$785k–Rockefeller Brothers Fund IncOn and off$400kThe Joyce FoundationSince FY2020$75k$100k$75k$45kDonor-advised giftsDonors not disclosed$218k$484k$702k$1.8M$265k$86k$111k20 other fundersUp to $198k a year each$65k$325k$65k$829k$80k$174k$25k
FundedThrough a donor-advised fundStopped