Progreso - Latino Progress Alliance FY2019 filing

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EIN 45-5042646 Membership association Seattle, WA NTEE P84
Form 990 (PDF)

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Revenue & expenses by yearFY2019–FY2024
Revenue
$269K
FY2019
Expenses
$59K
FY2019

Form 990 for the fiscal year ending December 2019 (IRS tax year 2019).


Advocates for Latino communities to improve quality of life through civic engagement and fair representation. For fiscal year 2019 it reported $269K in revenue, $59K in expenses, and $243K in net assets.Pt I

Type
Membership association · Human Services
Location
Seattle, WA
Website
progresowa.org
Filings
6 on file (2019–2019)
Revenue
$269KFY2019
Expenses
$59K
Net assets
$243K
People
12
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Size
$100K–1M
What they do
Advocates for Latino communities to improve quality of life through civic engagement and fair representation.
Leadership
Lilliane Ballesteros · Executive Di
Money in and out
$269K revenue, $59K expenses
Bottom line
+78% operating surplus

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A social-welfare organization or civic league. Contributions are generally not tax-deductible.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. Group Health Foundation

2 distinct foundation funder(s) on file, $860K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

99% to programs

99% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Membership & operating revenue · FY2019
Total revenue
$269K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$243K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $210K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Operating surplus
+78%
revenue over expenses
Earned revenue
4%
of revenue from program services & dues
Program spending
99%
of expenses reach member services

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Summary of the Filing

Part I · fiscal year 2019 · Form 990
Total assets
$259K
FY2019
Total liabilities
$16K
FY2019
Revenue less expensesPt I · Ln 19$210K
Total assetsPt X · Ln 16$259K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CProgreso - Latino Progress Alliance
EINHdr · item D45-5042646
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jprogresowa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHuman Services (P84)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Progreso - Latino Progress Alliance executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $58K of program spending, described in the organization's own filed words · FY2019.
01

Fiscal Sponsorship

Wa census alliance over 90 organizations and tribes, led by and working in communities of color, came together from across washington state to form washington community alliance. We organize to close the representation gap for people of color in elected office, and to make the systemic changes we need for black and brown communities to…

$37Kprogram expense
02

Civic Advocacy

Progreso works to improve the quality of life for all washingtonians through legislative action. Through coalitions, partnerships and support from the community, progreso supports or introduces bills to the legislature to advocate for communities that historically held limited to no political power.

$21Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$259K · 96%
Program service revenue$10K · 4%
Contributions & grants96%$259K
Program service revenue4%$10K
— government grantsLn 1e$259K
Total revenueLn 12$269K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$58K
Management & general1%$709
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1$237K
Total assetsLn 16$259K
Total liabilitiesLn 26$16K
Total net assetsLn 32$243K
Months of cash on handcomputed48.5

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $237K · Operating expenses/yr $59K
48.5 months
Where the money goes
Program services
Program services $58K · Total expenses $59K
99%
Management & General
Management & general $709 · Total expenses $59K
1%
Fundraising
Fundraising $0 · Total expenses $59K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $259K · Total revenue $269K
96%
Government reliance
Government grants $259K · Total revenue $269K
96%
Earned-income share
Program service revenue $10K · Total revenue $269K
4%
Investment reliance
Investment income $0 · Total revenue $269K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $59K
17%
Growth & trend
Revenue growth (YoY)
This year $269K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $243K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $269K · Expenses $59K
+78%
Liabilities-to-Assets
Total liabilities — · Total assets $259K
—
Net-asset ratio
Net assets $243K · Total assets $259K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $259K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lilliane Ballesteros · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $59K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $59K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 1%——
Fundraising cost ratio 0%——
Accounting fee ratio 0.6%——

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
Total grants receivedfrom 2 funders$860K
Grants paid · 3 grants · $451K · 2019–2021

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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)$937K revenue · ⤓ 990 PDF
FY2023$329K revenue · ⤓ 990 PDF
FY2022$114K revenue · ⤓ 990 PDF
FY2021$737K revenue · ⤓ 990 PDF
FY2020$258K revenue · ⤓ 990 PDF
FY2019$269K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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