Progresso Latino
Central Falls, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,678,782โ4% | $4,631,756โ18% | $3,906,263โ3% | โ |
| 2022 | $4,498,775โ4% | $3,941,216โ3% | $3,791,458โ11% | โ |
| 2021 | $4,331,678โ21% | $3,835,682โ23% | $3,403,183โ19% | โ |
| 2020 | $3,577,922โ24% | $3,123,364โ9% | $2,871,531โ17% | โ |
| 2019 | $2,889,644โ11% | $2,867,408โ13% | $2,446,539โ1% | โ |
| 2018 | $2,601,971โ8% | $2,531,479โ14% | $2,420,918โ14% | โ |
| 2017 | $2,414,982โ13% | $2,228,665โ8% | $2,119,828โ9% | โ |
| 2016 | $2,128,331โ6% | $2,069,249โ6% | $1,937,897โ5% | โ |
| 2015 | $2,013,145โ3% | $1,950,530 | $1,852,113โ14% | โ |
| 2014 | $2,066,617โ30% | $1,955,893โ21% | $1,619,758 | โ |
| 2013 | $1,590,482โ1% | $1,616,868โ1% | $1,612,686 | โ |
| 2012 | $1,602,594โ2% | $1,599,237โ7% | $1,604,820โ2% | โ |
| 2011 | $1,565,401 | $1,488,911 | $1,638,733 | โ |
Frequently Asked Questions
What does Progresso Latino do?โผ
Progresso Latino is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P840 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Progresso Latino financially healthy?โผ
Based on our 9-metric Financial Health Score model, Progresso Latino has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Progresso Latino generate?โผ
Progresso Latino reports $5.1M in annual revenue and holds $4.2M in total assets, based on IRS filings.
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