990 Scout/ Progress Michigan/ Financials

Financial Information for Progress Michigan

Progress Michigan's annual revenue was $4.4M in tax year 2024, reported on their IRS Form 990. They spent $4.8M in total expenses. 94% went to programs and services.

Financial Breakdown

What is Progress Michigan's total annual expenses?

Progress Michigan spent $4.8M in tax year 2024, according to their IRS Form 990 filing.

How much of Progress Michigan's budget goes to programs?

Progress Michigan spent $4.5M (94% of expenses) on programs and services in tax year 2024.

How much does Progress Michigan spend on overhead?

Progress Michigan's overhead in tax year 2024 includes administrative (4%) and fundraising (2%) of their expenses.

What is Progress Michigan's net worth?

Progress Michigan had net assets of $757K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.