Progressive Technology Project INC EIN 52-2173971

Progressive Technology Project INC FY2022 filing

EIN  52-2173971 Public foundation / grantmaker North St Paul, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers community groups with expanded technology resources.
Leadership
Alice Aguilar · Executive Director · $83K
Money in and out
$334K revenue, $407K expenses
Bottom line
89% program efficiency

Empowers community groups with expanded technology resources. For fiscal year 2022 it reported $334K in revenue, $407K in expenses, and $17K in net assets.Pt I

Grants paid & assets · FY2022
Total revenue
$334K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$73K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.08 Fundraising $0.03
Program efficiency
89%
of spending reaches programs
Operating runway
4.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$334K
FY2022▼ -20%
Expenses
$407K
FY2022▲ +1%
Total assets
$178K
FY2022▼ -31%
Total liabilities
$161K
FY2022▼ -4%
Total revenue
$334K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$73K
Total assetsPt X · Ln 16$178K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $364K of program spending, described in the organization's own filed words · FY2022.
01

Powerbase

With more than 140 social JUSTICE/ORGANIZING groups using it, powerbase, based on the open-source platform civicrm, is the holistic database program that PTP developed specifically for community-based organizations to manage online and on-the-ground organizing, communications, grassroots fundraising, voter engagement and advocacy…

$347Kprogram expense
02

Movement Development & Technology Leadership Programming

In partnership with other movement organizations such as may first movement technology, PTP works to educate and build skills within the social justice movement around the strategies and politics of secure, open-source and non-corporate TECHNOLOGY.PTP provides technical and online security services to its partner groups.

$16Kprogram expense
03

Civicrm Development

PTP participates in the development and improvement of the open source software civicrm upon which the database, powerbase, is built. Through this work, the organization serves all of the community based organizing groups that use powerbase by regularly improving the tool, providing timely updates and upgrades, and working with the…

$1Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgressive Technology Project INC
EINHdr · item D52-2173971
Principal addressHdr · item CNorth St Paul, MN
WebsiteHdr · item Jprogressivetech.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T05)
Ruling yearIRS BMFSep 1999

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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$82,872Pt VII · Sec A
Director of Operations
$81,758Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Alice Aguilar’s $85K as Executive Director is at the 78th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking 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
Alice Aguilar$85,359$84,307$82,872$82,872$86,060
Natalie Brenner$84,211$83,173$81,758$81,758$84,903

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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Statement of Revenue

Part VIII
Program service revenue100%$333K
Contributions & grants$722
Investment income$28
Other revenue$160
Total revenueLn 12$334K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.08 Fundraising $0.03
Program services89%$364K
Management & general8%$31K
Fundraising3%$12K
Total functional expensesLn 25$407K

Balance Sheet

Part X · end of year
CashLn 1$156K
Total assetsLn 16$178K
Total liabilitiesLn 26$161K
Total net assetsLn 32$17K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $156K · Operating expenses/yr $407K
4.6 months
Where the money goes
Program services
Program services $364K · Total expenses $407K
89%
Management & General
Management & general $31K · Total expenses $407K
8%
Fundraising
Fundraising $12K · Total expenses $407K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $36K
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $722 · Total revenue $334K
0%
Government reliance
Government grants — · Total revenue $334K
Earned-income share
Program service revenue $333K · Total revenue $334K
100%
Investment reliance
Investment income $28 · Total revenue $334K
0%
Program self-sufficiency
Program service revenue $333K · Total expenses $407K
82%
Growth & trend
Revenue growth (YoY)
This year $334K · Prior year $417K
-20%
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 $334K · Expenses $407K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $178K
Net-asset ratio
Net assets $17K · Total assets $178K
10%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $178K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alice Aguilar · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $83K · Total expenses $407K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $334K · Total expenses $407K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 8%
Fundraising cost ratio ×18
Revenue growth -20%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$135K
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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)$409K revenue · ⤓ 990 PDF
FY2023$378K revenue · ⤓ 990 PDF
FY2022$334K revenue · viewing · ⤓ 990 PDF
FY2021$417K revenue · ⤓ 990 PDF
FY2020$414K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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