Progress North Carolina Action EIN 45-2862217 Form 990 (PDF) Claim this org

Progress North Carolina Action

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Promotes North Carolina's common good through research, education, and information sharing. For fiscal year 2024 it reported $10.5M in revenue, $10.5M in expenses, and $892K in net assets.Pt I

Founded
2011
Type
Membership association · Public & Societal Benefit
Location
Raleigh, NC
Website
progressncaction.org
Filings
5 on file (2020–2024)
Revenue
$10.5MFY2024
Expenses
$10.5M
Net assets
$892K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2862217 Membership association Raleigh, NC Founded 2011
Form 990 (PDF)
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Figures match the IRS filing checked 8/12/26 · see original: IRS
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Size
$10–100M
What they do
Promotes North Carolina's common good through research, education, and information sharing.
Leadership
Jess Jollett · Executive Director · $138K
Money in and out
$10.5M revenue, $10.5M expenses
Bottom line
+0.5% operating surplus
Membership & operating revenue · FY2024
Total revenue
$10.5M
Pt VIII · Ln 12
Total expenses
$10.5M
Pt IX · Ln 25
Net assets
$892K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $52K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02 Fundraising $0.00
Operating surplus
+0.5%
revenue over expenses▼ -99% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
7%
of spending is salaries & benefits▼ -86% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$10.5M
FY2024▲ +524%
Expenses
$10.5M
FY2024▲ ×11
Total assets
$898K
FY2024▲ +6%
Total liabilities
$7K
FY2024▲ +28%
Total revenue
$10.5M
Pt VIII · Ln 12
Total expenses
$10.5M
Pt IX · Ln 25
Net assets
$892K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$52K
Total assetsPt X · Ln 16$898K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgress North Carolina Action
EINHdr · item D45-2862217
Principal addressHdr · item CRaleigh, NC
WebsiteHdr · item Jprogressncaction.org
Year of formationHdr · item L2011
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W20)
Ruling yearIRS BMFMay 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$138,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jess Jollett’s $138K as Executive Director is at the 7th percentile of top reported officer pay among 232 $10–100M public & societal benefit 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

NameFY2024FY2023FY2022FY2021FY2020
Jess Jollett$138,000$132,000$120,000$110,000$67,116
Gerrick Brenner$80,010

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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Mission & Programs · Part III

Where the work happens

3 program services account for $10.2M of program spending, described in the organization's own filed words · FY2024.
01

Paid Media Project

Progress North Carolina Action's visual and graphic design team created paid communications concerning the 2024 legislative session.

$9.4Mprogram expense
02

Digital Organizing Project

Progress NC Action worked with statewide volunteers to create and amplify accurate information. The digital organizing team created unbranded content for volunteers to share on their own personal social media channels, including information on the 2023 state legislative session.

$519Kprogram expense
03

Research Project

Progress North Carolina Action created and executed public opinion research to understand the attitudes and beliefs of North Carolina voters.

$262Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$10.5M
Total revenueLn 12$10.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02 Fundraising $0.00
Program services98%$10.2M
Management & general2%$255K
Fundraising$5K
Total functional expensesLn 25$10.5M

Balance Sheet

Part X · end of year
CashLn 1$280K
Total assetsLn 16$898K
Total liabilitiesLn 26$7K
Total net assetsLn 32$892K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $280K · Operating expenses/yr $10.5M
0.3 months
Where the money goes
Program services
Program services $10.2M · Total expenses $10.5M
98%
Management & General
Management & general $255K · Total expenses $10.5M
2%
Fundraising
Fundraising $5K · Total expenses $10.5M
0.05%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $4.6M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $10.5M · Total revenue $10.5M
100%
Government reliance
Government grants $0 · Total revenue $10.5M
0%
Earned-income share
Program service revenue $0 · Total revenue $10.5M
0%
Investment reliance
Investment income $0 · Total revenue $10.5M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $10.5M
0%
Growth & trend
Revenue growth (YoY)
This year $10.5M · Prior year $1.7M
+524%
Revenue CAGR
FY2020 $1.8M · FY2024 $10.5M
+54%
Net-asset trend (YoY)
End of year $892K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $10.5M · Expenses $10.5M
+0.5%
Liabilities-to-Assets
Total liabilities — · Total assets $898K
Net-asset ratio
Net assets $892K · Total assets $898K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $898K
0%
People & payroll
Highest Reported Total Compensation
Individual Jess Jollett · Reported title Executive Director · Highest reported compensation $138K · Total expenses $10.5M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $741K · Total expenses $10.5M
7%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0.05%
Revenue growth 524%
Investment management fee ratio 0%
Legal fee ratio 0.2%
Accounting fee ratio 0.4%
Fundraising fee ratio 0%

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 · received and paid
Grants received · FY2024
ProgressnowFY2024$1.7M
America VotesFY2024$1.0M
Hopewell FundFY2024$550K
North FundFY2024$250K
Total grants receivedfrom 12 funders$5.9M
See all 12 funders →
Grants paid · 12 grants · $2.3M · 2020–2024
North Carolina Families FirstFY2024$955,000
North Carolina Citizens for Protecting Our SchoolsFY2024$255,000
Action NcNC · FY2024$75,000
North Carolina VoicesNC · FY2024$70,000
Carolina FederationNC · FY2024$70,000
Down Home North Carolina INCNC · FY2024$10,000
Ncaat in ActionNC · FY2024$10,000
North Carolina Families FirstFY2022$625,000
North Carolina VoicesNC · FY2022$10,500
North Carolina Families FirstFY2020$150,000
Justice for NcNC · FY2020$50,000

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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)$10.5M revenue · viewing · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$191K revenue · ⤓ 990 PDF
FY2020$1.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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