Progress Unity Fund EIN 94-3382208

Progress Unity Fund FY2021 filing

EIN  94-3382208 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports education on global conflicts and peaceful alternatives to war.
Leadership
Susan Muysenberg · President
Money in and out
$155K revenue, $215K expenses
Bottom line
94% program efficiency

Supports education on global conflicts and peaceful alternatives to war. For fiscal year 2021 it reported $155K in revenue, $215K in expenses, and $1.9M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$60K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.03 Fundraising $0.03
Program efficiency
94%
of spending reaches programs
Operating runway
107.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$155K
FY2021▲ +23%
Expenses
$215K
FY2021▲ +37%
Total assets
$1.9M
FY2021▼ -3%
Total liabilities
$197
FY2021▼ -70%
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$60K
Total assetsPt X · Ln 16$1.9M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $202K of program spending, described in the organization's own filed words · FY2021.
01

2021 saw the continuation of the worldwide pandemic, a Zoom world, followed by a national uprising against racism and police violence amid economic disparity. Progress Unity Fund responded by supporting public health measures through greater access to online tools and education for community groups and activists.

$202Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgress Unity Fund
EINHdr · item D94-3382208
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.progressunity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$122K · 79%
Other revenue$29K · 19%
Investment income$3K · 2%
Contributions & grants79%$122K
Other revenue19%$29K
Investment income2%$3K
Total revenueLn 12$155K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.03 Fundraising $0.03
Program services94%$202K
Management & general3%$7K
Fundraising3%$7K
Total functional expensesLn 25$215K

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$1.9M
Total liabilitiesLn 26$197
Total net assetsLn 32$1.9M
Months of cash on handcomputed107.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses/yr $215K
107.0 months
Where the money goes
Program services
Program services $202K · Total expenses $215K
94%
Management & General
Management & general $7K · Total expenses $215K
3%
Fundraising
Fundraising $7K · Total expenses $215K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $110K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $122K · Total revenue $155K
79%
Government reliance
Government grants — · Total revenue $155K
Earned-income share
Program service revenue $0 · Total revenue $155K
0%
Investment reliance
Investment income $3K · Total revenue $155K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $215K
0%
Growth & trend
Revenue growth (YoY)
This year $155K · Prior year $126K
+23%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $155K · Expenses $215K
-39%
Liabilities-to-Assets
Total liabilities — · Total assets $1.9M
Net-asset ratio
Net assets $1.9M · Total assets $1.9M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.9M
0%
People & payroll
Highest Reported Total Compensation
Individual Susan Muysenberg · Reported title President · Highest reported compensation $0 · Total expenses $215K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $215K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 3%
Fundraising cost ratio 5%
Revenue growth 23%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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
See all 5 funders →
Grants paid · 11 grants · $225K · 2020–2024
Breakthrough MediaFY2024$35,000
Justice FirstDC · FY2024$12,000
Breakthrough MediaFY2023$45,000
Breakthrough MediaFY2022$15,600
Liberation Fund LaCA · FY2022$9,000
Open Collectiveblack AlliancFY2022$6,000
Alliance for Global JusticeAZ · FY2022$5,400
Justice FirstDC · FY2021$60,000
Liberation Fund LaCA · FY2021$8,850
Liberation Fund LaCA · FY2020$7,350

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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)$651K revenue · ⤓ 990 PDF
FY2023$798K revenue · ⤓ 990 PDF
FY2022$146K revenue · ⤓ 990 PDF
FY2021$155K revenue · viewing · ⤓ 990 PDF
FY2020$126K revenue · ⤓ 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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