Progress Georgia INC EIN 85-2273152 Form 990 (PDF) Claim this org

Progress Georgia INC FY2021 filing

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Empowering Georgia's progressive movement with innovative media and digital tools. For fiscal year 2021 it reported $6.7M in revenue, $6.4M in expenses, and $272K in net assets.Pt I

Founded
2020
Type
Membership association · Civil Rights & Advocacy
Location
Atlanta, GA
Website
progressga.org
Filings
4 on file (2021–2021)
Revenue
$6.7MFY2021
Expenses
$6.4M
Net assets
$272K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-2273152 Membership association Atlanta, GA Founded 2020
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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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
$6.7M revenue, $6.4M expenses
Bottom line
+4% operating surplus
Membership & operating revenue · FY2021
Total revenue
$6.7M
Pt VIII · Ln 12
Total expenses
$6.4M
Pt IX · Ln 25
Net assets
$272K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $272K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Operating surplus
+4%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
2%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$6.7M
FY2021
Expenses
$6.4M
FY2021
Total assets
$467K
FY2021
Total liabilities
$195K
FY2021
Total revenue
$6.7M
Pt VIII · Ln 12
Total expenses
$6.4M
Pt IX · Ln 25
Net assets
$272K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$272K
Total assetsPt X · Ln 16$467K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $12.6M of program spending, described in the organization's own filed words · FY2020.
01

Progress Georgia, a political digital and communications hub, organize and conduct meetings and conferences around the nation. Progress Georgia strives to uplift the values and voices of the progressive movement by working in collaboration with grassroot organizations, advocates and community organizers through integrated media campaigns.

$6.3Mprogram expense
02

Progress Georgia, a political digital and communications hub, organize and conduct meetings and conferences around the nation. Progress Georgia strives to uplift the values and voices of the progressive movement by working in collaboration with grassroot organizations, advocates and community organizers through integrated media campaigns.

$6.3Mprogram 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 1a5
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Progress Georgia INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$6.7M
Total revenueLn 12$6.7M

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%$6.3M
Management & general1%$76K
Total functional expensesLn 25$6.4M

Balance Sheet

Part X · end of year
CashLn 1$183K
Total assetsLn 16$467K
Total liabilitiesLn 26$195K
Total net assetsLn 32$272K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $183K · Operating expenses (Pt IX) $6.4M · Less non-cash grants $14K · Cash operating expenses/yr $6.4M
0.3 months
Where the money goes
Program services
Program services $6.3M · Total expenses $6.4M
99%
Management & General
Management & general $76K · Total expenses $6.4M
1%
Fundraising
Fundraising $0 · Total expenses $6.4M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $6.7M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $6.7M · Total revenue $6.7M
100%
Government reliance
Government grants — · Total revenue $6.7M
Earned-income share
Program service revenue $0 · Total revenue $6.7M
0%
Investment reliance
Investment income $0 · Total revenue $6.7M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $6.4M
0%
Growth & trend
Revenue growth (YoY)
This year $6.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $272K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.7M · Expenses $6.4M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $467K
Net-asset ratio
Net assets $272K · Total assets $467K
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $467K
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 $6.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $142K · Total expenses $6.4M
2%
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%
Legal fee ratio 0.03%

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 · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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