W — Public & 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$701,741↓54%$1,004,535↓35%$888,118↓24%
2022$1,527,267↑81%$1,551,003↓66%$1,165,075↓15%
2021$841,661↓92%$4,522,333↓38%$1,376,107↓73%
2020$10,998,057↑396%$7,329,308↑421%$5,080,378↑264%
2019$2,219,340↑264%$1,405,985↑57%$1,397,025↑280%
2018$610,487↓25%$896,372↑53%$367,501↓44%
2017$810,745↑42%$585,258↑58%$651,147↑54%
2016$569,563↑10%$370,352↓46%$422,742↑93%
2015$517,349↓8%$681,518↑106%$219,376↓46%
2014$562,702↑301%$330,110↑9%$406,054↑148%
2013$140,257↓60%$302,289↓44%$163,582↓48%
2012$346,782↓53%$537,466↑34%$316,712↓38%
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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