WPublic & Societal BenefitEIN: 260900874· Ruling Year: 2008

Progress Michigan Education

Lansing, Michigan

BHealth Score
56B

Financial Health Score

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

Above Average

💰
$702K
Total Revenue
📊
$1.0M
Total Expenses
🏦
$833K
Net Assets
📋
$55K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-54.1%
Year-over-year change (2022 → 2023)
Net Margin
-43.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.83
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$701,74154%$1,004,53535%$888,11824%
2022$1,527,26781%$1,551,00366%$1,165,07515%
2021$841,66192%$4,522,33338%$1,376,10773%
2020$10,998,057396%$7,329,308421%$5,080,378264%
2019$2,219,340264%$1,405,98557%$1,397,025280%
2018$610,48725%$896,37253%$367,50144%
2017$810,74542%$585,25858%$651,14754%
2016$569,56310%$370,35246%$422,74293%
2015$517,3498%$681,518106%$219,37646%
2014$562,702301%$330,1109%$406,054148%
2013$140,25760%$302,28944%$163,58248%
2012$346,78253%$537,46634%$316,71238%
2011$742,607$400,030$508,488

Frequently Asked Questions

What does Progress Michigan Education do?

Progress Michigan Education is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Progress Michigan Education financially healthy?

Based on our 9-metric Financial Health Score model, Progress Michigan Education has a score of 56/100 (Grade: B). 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 Progress Michigan Education generate?

Progress Michigan Education reports $3.9M in annual revenue and holds $2.0M in total assets, based on IRS filings.

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