Partners for Progress Nfp EIN 20-2375514

Partners for Progress Nfp FY2022 filing

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Offers alternative therapy programs using trained horses for individuals with challenges. For fiscal year 2022 it reported $1.1M in revenue, $986K in expenses, and $497K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Wauconda, IL
Website
www.partnersforprogressnfp.org
Filings
5 on file (2020–2022)
Revenue
$1.1MFY2022
Expenses
$986K
Net assets
$497K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-2375514 Public charity (501(c)(3)) Wauconda, IL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Offers alternative therapy programs using trained horses for individuals with challenges.
Leadership
Diane Helgeland · Exec Directo · $88K
Money in and out
$1.1M revenue, $986K expenses
Bottom line
81% program efficiency
Where the money goes · FY2022
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$986K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $133K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program efficiency
81%
of spending reaches programs
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.1M
FY2022▲ +9%
Expenses
$986K
FY2022▲ +19%
Total assets
$646K
FY2022▲ +21%
Total liabilities
$149K
FY2022▼ -12%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$986K
Pt IX · Ln 25
Net assets
$497K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$133K
Total assetsPt X · Ln 16$646K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $800K of program spending, described in the organization's own filed words · FY2022.
01

On average 225 rides per week in hippotherapy, power hour, therapeutic sports riding, recreational riding, camps and at risk equine experiential learning programs. We etensively use peopel from lake county juvenile center & adult probation as volunteers, many of whom are offered jobs upon their release.

$800Kprogram expense
02

Horse shows for members to compete at

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPartners for Progress Nfp
EINHdr · item D20-2375514
Principal addressHdr · item CWauconda, IL
WebsiteHdr · item Jwww.partnersforprogressnfp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P82)
Ruling yearIRS BMFApr 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec Directo
$87,693Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Diane Helgeland’s $89K as Exec Directo is at the 25th percentile of top reported officer pay among 3863 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Diane Helgeland$88,525$88,525$87,693$76,550
Anne Margaret Huffman$27,400$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$607K · 54%
Program service revenue$515K · 46%
Contributions & grants54%$607K
Program service revenue46%$515K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program services81%$800K
Management & general15%$148K
Fundraising4%$37K
Total functional expensesLn 25$986K

Balance Sheet

Part X · end of year
CashLn 1$178K
Total assetsLn 16$646K
Total liabilitiesLn 26$149K
Total net assetsLn 32$497K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $178K · Operating expenses (Pt IX) $986K · Less non-cash grants $194K · Cash operating expenses/yr $791K
2.7 months
Where the money goes
Program services
Program services $800K · Total expenses $986K
81%
Management & General
Management & general $148K · Total expenses $986K
15%
Fundraising
Fundraising $37K · Total expenses $986K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $36K · Solicited contributions (2-yr avg) $569K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $607K · Total revenue $1.1M
54%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $515K · Total revenue $1.1M
46%
Investment reliance
Investment income $-19K · Total revenue $1.1M
-2%
Program self-sufficiency
Program service revenue $515K · Total expenses $986K
52%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.0M
+9%
Net-asset trend (YoY)
End of year $497K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $986K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $646K
Net-asset ratio
Net assets $497K · Total assets $646K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $646K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Diane Helgeland · Reported title EXEC DIRECTO · Highest reported compensation $88K · Total expenses $986K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $298K · Total expenses $986K
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 15%
Fundraising cost ratio 6%
Revenue growth 9%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · viewing · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$685K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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