Progress Texas EIN 80-0687741

Progress Texas

EIN  80-0687741 Membership association Dallas, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promote progressive ideals and policies through media in Texas.
Leadership
Alex Andrade · Chair
Money in and out
$125K revenue, $67K expenses
Bottom line
+47% operating surplus

Promote progressive ideals and policies through media in Texas. For fiscal year 2024 it reported $125K in revenue, $67K in expenses, and $16K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$125K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Operating surplus
+47%
revenue over expenses▼ -7% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
50%
of spending is salaries & benefits▲ +43% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$125K
FY2024▲ +7%
Expenses
$67K
FY2024▲ +15%
Total assets
$58K
FY2024▲ +16%
Total liabilities
$42K
FY2024▼ -55%
Total revenue
$125K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$58K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $44K of program spending, described in the organization's own filed words · FY2024.
01

Progress Texas works with a coalition of partners from around Texas advocating for a variety of issues important to a growing majority of people in the State of Texas.

$44Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgress Texas
EINHdr · item D80-0687741
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jprogresstexas.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R40)
Ruling yearIRS BMFJun 2012

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
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kathleen Thompson’s $12K as Executive Director is at the 6th percentile of top reported officer pay among 1036 $100K–1M civil rights & advocacy 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.

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Statement of Revenue

Part VIII
Contributions & grants100%$125K
Total revenueLn 12$125K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$44K
Management & general33%$22K
Total functional expensesLn 25$67K

Balance Sheet

Part X · end of year
CashLn 1$27K
Total assetsLn 16$58K
Total liabilitiesLn 26$42K
Total net assetsLn 32$16K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $27K · Operating expenses/yr $67K
4.9 months
Where the money goes
Program services
Program services $44K · Total expenses $67K
67%
Management & General
Management & general $22K · Total expenses $67K
33%
Fundraising
Fundraising $0 · Total expenses $67K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $291 · Solicited contributions (3-yr avg) $134K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $125K · Total revenue $125K
100%
Government reliance
Government grants — · Total revenue $125K
Earned-income share
Program service revenue $0 · Total revenue $125K
0%
Investment reliance
Investment income $0 · Total revenue $125K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $67K
0%
Growth & trend
Revenue growth (YoY)
This year $125K · Prior year $117K
+7%
Revenue CAGR
FY2020 $381K · FY2024 $125K
-24%
Net-asset trend (YoY)
End of year $16K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $125K · Expenses $67K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $58K
Net-asset ratio
Net assets $16K · Total assets $58K
28%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $58K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alex Andrade · Reported title Chair · Highest reported compensation $0 · Total expenses $67K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $33K · Total expenses $67K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth 7%
Accounting fee ratio 14%

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 1 funder$10K

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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)$125K revenue · viewing · ⤓ 990 PDF
FY2023$117K revenue · ⤓ 990 PDF
FY2022$159K revenue · ⤓ 990 PDF
FY2021$216K revenue · ⤓ 990 PDF
FY2020$381K 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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