P โ€” Human ServicesEIN: 050380608ยท Ruling Year: 1980

Progresso Latino

Central Falls, Rhode Island

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$4.7M
Total Revenue
๐Ÿ“Š
$4.6M
Total Expenses
๐Ÿฆ
$3.6M
Net Assets
๐Ÿ“‹
$274K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
7.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,678,782โ†‘4%$4,631,756โ†‘18%$3,906,263โ†‘3%
2022$4,498,775โ†‘4%$3,941,216โ†‘3%$3,791,458โ†‘11%
2021$4,331,678โ†‘21%$3,835,682โ†‘23%$3,403,183โ†‘19%
2020$3,577,922โ†‘24%$3,123,364โ†‘9%$2,871,531โ†‘17%
2019$2,889,644โ†‘11%$2,867,408โ†‘13%$2,446,539โ†‘1%
2018$2,601,971โ†‘8%$2,531,479โ†‘14%$2,420,918โ†‘14%
2017$2,414,982โ†‘13%$2,228,665โ†‘8%$2,119,828โ†‘9%
2016$2,128,331โ†‘6%$2,069,249โ†‘6%$1,937,897โ†‘5%
2015$2,013,145โ†“3%$1,950,530$1,852,113โ†‘14%
2014$2,066,617โ†‘30%$1,955,893โ†‘21%$1,619,758
2013$1,590,482โ†“1%$1,616,868โ†‘1%$1,612,686
2012$1,602,594โ†‘2%$1,599,237โ†‘7%$1,604,820โ†“2%
2011$1,565,401$1,488,911$1,638,733

Frequently Asked Questions

What does Progresso Latino do?โ–ผ

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?โ–ผ

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?โ–ผ

Progresso Latino reports $5.1M in annual revenue and holds $4.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Rhode Island.

Progresso Latino โ€” Central Falls, RI | GiveScope