Progressive Change Community Development Corp FY2022 filing
Empowering communities through education and supporting diverse, low-income small businesses for positive change. For fiscal year 2022 it reported $289K in revenue, $248K in expenses, and $-87K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Philadelphia, PA
- Website
- www.progchange.com
- Filings
- 4 on file (2022–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Progressive Change CDC serves as a fiscal sponsor for the Safe Corridors Grant Program - which provided free security cameras for residents and businesses in high crime areas. This program supporting general community public safety giving tools to residents to actively police and patrol their own communities.
Progressive Change CDC served as the community education partner for the Fourth District Container Village, a retail mall made of refurbished freight shipping containers that houses early-stage, low income small businesses.
Progressive Change CDC partnered to provide pro-bono legal services to non-profit organizations and community groups.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 1% | — | — |
| 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.
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