Progress Georgia INC EIN 85-2273152

Progress Georgia INC FY2023 filing

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Empowering Georgia's progressive movement with innovative media and digital tools. For fiscal year 2023 it reported $2.2M in revenue, $3.0M in expenses, and $529K in net assets.Pt I

Founded
2020
Type
Membership association · Civil Rights & Advocacy
Location
Atlanta, GA
Website
progressga.org
Filings
4 on file (2021–2023)
Revenue
$2.2MFY2023
Expenses
$3.0M
Net assets
$529K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-2273152 Membership association Atlanta, GA Founded 2020
Form 990 (PDF)
You’re viewing the FY2023 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
$2.2M revenue, $3.0M expenses
Bottom line
-40% operating surplus
Membership & operating revenue · FY2023
Total revenue
$2.2M
Pt VIII · Ln 12
Total expenses
$3.0M
Pt IX · Ln 25
Net assets
$529K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$873K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Operating surplus
-40%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Program spending
71%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$2.2M
FY2023▲ +0.9%
Expenses
$3.0M
FY2023▲ +200%
Total assets
$602K
FY2023▼ -57%
Total liabilities
$73K
FY2023▲ +429%
Total revenue
$2.2M
Pt VIII · Ln 12
Total expenses
$3.0M
Pt IX · Ln 25
Net assets
$529K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$873K
Total assetsPt X · Ln 16$602K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2022.
01

Progress Georgia offered a key voter education tool with TheGeorgiaVoterGuide.com. This tool was a key part of our program goal to increase voter education and information for the election in 2022 and 2023. The voter guide housed all pertinent, need-to-know information on two portions of the site: 1. The Voter Information Hub and 2.

$1.5Mprogram expense
02

One of Progress Georgias goals in 2023 was to more deeply understand Georgias media landscape and identify better ways to amplify the issues, stories, and concerns of the states most impacted communities with The Georgia Truth Project.

$20Kprogram expense
03

Progress Georgia wanted to ensure that voters were well-educated about what legislative activities occurred during Georgias legislative session by increasing our partner support and programs we expanded our communications reach to Georgians so that legistative activities are better to understand for all consumers of our content.

$5Kprogram 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 1a6
Independent voting membersPt VI · Ln 1b6
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 (FY2022); the FY2023 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
See Progress Georgia INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$2.2M
Other revenue$2
Total revenueLn 12$2.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$2.1M
Management & general29%$886K
Total functional expensesLn 25$3.0M

Balance Sheet

Part X · end of year
CashLn 1$378K
Total assetsLn 16$602K
Total liabilitiesLn 26$73K
Total net assetsLn 32$529K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $378K · Operating expenses/yr $3.0M
1.5 months
Where the money goes
Program services
Program services $2.1M · Total expenses $3.0M
71%
Management & General
Management & general $886K · Total expenses $3.0M
29%
Fundraising
Fundraising $0 · Total expenses $3.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $3.6M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.2M · Total revenue $2.2M
100%
Government reliance
Government grants — · Total revenue $2.2M
Earned-income share
Program service revenue $0 · Total revenue $2.2M
0%
Investment reliance
Investment income $0 · Total revenue $2.2M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.0M
0%
Growth & trend
Revenue growth (YoY)
This year $2.2M · Prior year $2.1M
+0.9%
Net-asset trend (YoY)
End of year $529K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.2M · Expenses $3.0M
-40%
Liabilities-to-Assets
Total liabilities — · Total assets $602K
Net-asset ratio
Net assets $529K · Total assets $602K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $602K
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 $3.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $3.0M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Fundraising cost ratio 0%
Revenue growth 0.9%
Legal fee ratio 3%
Accounting fee ratio 0.5%

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 · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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