Progress Solutions INC EIN 45-0603074

Progress Solutions INC

EIN  45-0603074 Public charity (501(c)(3)) Bel Air, MD Founded 2010
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
an international affairs nonprofit
Leadership
Uriel Castrillon · President
Money in and out
$235K revenue, $229K expenses
Bottom line
96% program efficiency

Progress Solutions INC is an international affairs nonprofit based in Bel Air, MD, formed in 2010. For fiscal year 2025 it reported $235K in revenue, $229K in expenses, and $17K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$229K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▲ +50% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -54% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$235K
FY2025▲ +39%
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$229K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$17K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $220K of program spending, described in the organization's own filed words · FY2025.
01

Originally founded and currently operating as "Dominican Republic Mission," the organization provides humanitarian and Christian ministry/outreach to the communities of Cristobal, Salinas, Saladillo and Polo in the Dominican Republic.

$220Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgress Solutions INC
EINHdr · item D45-0603074
Principal addressHdr · item CBel Air, MD
WebsiteHdr · item Jwww.drmission.net
Year of formationHdr · item L2010
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q330)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$213K · 90%
Program service revenue$22K · 10%
Contributions & grants90%$213K
Program service revenue10%$22K
Investment income$94
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$220K
Management & general4%$9K
Total functional expensesLn 25$229K

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$17K
Total liabilitiesLn 26$0
Total net assetsLn 32$17K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $229K
0.6 months
Where the money goes
Program services
Program services $220K · Total expenses $229K
96%
Management & General
Management & general $9K · Total expenses $229K
4%
Fundraising
Fundraising $0 · Total expenses $229K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $213K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $213K · Total revenue $235K
90%
Government reliance
Government grants — · Total revenue $235K
Earned-income share
Program service revenue $22K · Total revenue $235K
10%
Investment reliance
Investment income $94 · Total revenue $235K
0%
Program self-sufficiency
Program service revenue $22K · Total expenses $229K
10%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $169K
+39%
Revenue CAGR
FY2020 $83K · FY2025 $235K
+23%
Net-asset trend (YoY)
End of year $17K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $229K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $17K
Net-asset ratio
Net assets $17K · Total assets $17K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $17K
0%
People & payroll
Highest Reported Total Compensation
Individual Uriel Castrillon · Reported title President · Highest reported compensation $0 · Total expenses $229K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $229K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Revenue growth 39%

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.

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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
FY2025 (Latest)$235K revenue · viewing · ⤓ 990 PDF
FY2024$169K revenue · ⤓ 990 PDF
FY2023$76K revenue · ⤓ 990 PDF
FY2022$109K revenue · ⤓ 990 PDF
FY2021$106K revenue · ⤓ 990 PDF
FY2020$83K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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