Progress Georgia INC EIN 85-2273152

Progress Georgia INC

EIN  85-2273152 Membership association Atlanta, GA Founded 2020
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Empowering Georgia's progressive movement with innovative media and digital tools.
Leadership
Leslie Small · Board Member
Money in and out
$1.3M revenue, $2.1M expenses
Bottom line
-58% operating surplus

Empowering Georgia's progressive movement with innovative media and digital tools. For fiscal year 2024 it reported $1.3M in revenue, $2.1M in expenses, and $107K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$756K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.43 Fundraising $0.01
Operating surplus
-58%
revenue over expenses▼ -495% vs prior filing year
Earned revenue
0%
of revenue from program services & dues▼ -100% vs prior filing year
Program spending
56%
of expenses reach member services▼ -22% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▼ -40%
Expenses
$2.1M
FY2024▲ +10%
Total assets
$218K
FY2024▼ -77%
Total liabilities
$111K
FY2024▼ -44%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$756K
Total assetsPt X · Ln 16$218K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

Supported partner communications and paid media plans throughout the year with trainings and services performed.

$411Kprogram expense
02

Supported owned independent media outlet.

$396Kprogram expense
03

Strengthened digital organizing footprint.

$297Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgress Georgia INC
EINHdr · item D85-2273152
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jprogressga.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R01)
Ruling yearIRS BMFJun 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Board Chair Former
$0Pt VII · Sec A
Board Chair Former
not listedPt VII · Sec A
See Progress Georgia INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$925K · 71%
Other revenue$382K · 29%
Contributions & grants71%$925K
Other revenue29%$382K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.43 Fundraising $0.01
Program services56%$1.2M
Management & general43%$890K
Fundraising1%$20K
Total functional expensesLn 25$2.1M

Balance Sheet

Part X · end of year
CashLn 1$35K
Total assetsLn 16$218K
Total liabilitiesLn 26$111K
Total net assetsLn 32$107K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $35K · Operating expenses/yr $2.1M
0.2 months
Where the money goes
Program services
Program services $1.2M · Total expenses $2.1M
56%
Management & General
Management & general $890K · Total expenses $2.1M
43%
Fundraising
Fundraising $20K · Total expenses $2.1M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $1.7M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $925K · Total revenue $1.3M
71%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $0 · Total revenue $1.3M
0%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $2.2M
-40%
Revenue CAGR
FY2020 $6.7M · FY2024 $1.3M
-33%
Net-asset trend (YoY)
End of year $107K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $2.1M
-58%
Liabilities-to-Assets
Total liabilities — · Total assets $218K
Net-asset ratio
Net assets $107K · Total assets $218K
49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $218K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leslie Small · Reported title Board Member · Highest reported compensation $0 · Total expenses $2.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $2.1M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 43%
Fundraising cost ratio 2%
Revenue growth -40%

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$200K
Total grants receivedfrom 5 funders$684K
See all 5 funders →
Grants paid · 35 grants · $5.7M · 2020–2024
Georgia Safe and Strong INCFY2024$50,000
Glahr Action NetworkGA · FY2023$40,000
Georgia Equality INCGA · FY2023$40,000
Future GeorgiaGA · FY2022$20,000
Galeo Impact Fund INCGA · FY2022$20,000
Georgia Safe and Strong INCFY2020$1,913,049
Georgia Safe and Strong INCFY2020$1,913,049
Georgia Safe and Strong PacGA · FY2020$200,100
Georgia Safe and Strong PacGA · FY2020$200,100
AcronymDC · FY2020$135,000
AcronymDC · FY2020$135,000
Black Male Voter ProjectDC · FY2020$75,000
See all 35 grants →

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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$2.2M revenue · ⤓ 990 PDF
FY2023$2.2M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$6.7M 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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