Progress Michigan
Lansing, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,863,355↓53% | $1,524,913↓61% | $1,337,239↑23% | |
| 2022 | $3,927,633↑146% | $3,906,268↑41% | $1,085,085↑6% | — |
| 2021 | $1,598,975↓73% | $2,777,522↓40% | $1,024,353↓56% | — |
| 2020 | $6,013,541↑414% | $4,656,719↑507% | $2,336,449↑215% | — |
| 2019 | $1,169,408↓48% | $766,833↓62% | $741,987↑112% | — |
| 2018 | $2,256,254↑502% | $2,008,786↑408% | $350,016↑259% | — |
| 2017 | $374,835↓65% | $395,382↓64% | $97,513↓35% | — |
| 2016 | $1,072,107↑360% | $1,097,694↑186% | $151,068↑26% | — |
| 2015 | $233,020↓63% | $384,018↓24% | $120,367↓47% | — |
| 2014 | $631,305↑294% | $507,729↑184% | $228,371↑41% | — |
| 2013 | $160,135↓65% | $179,065↓61% | $162,535↑21% | — |
| 2012 | $456,882↑147% | $454,778↑294% | $133,815↑8% | — |
| 2011 | $185,025 | $115,343 | $123,959 | — |
Frequently Asked Questions
What does Progress Michigan do?▼
Progress Michigan is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W01 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Progress Michigan financially healthy?▼
Based on our 9-metric Financial Health Score model, Progress Michigan has a score of 70/100 (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 generate?▼
Progress Michigan reports $4.4M in annual revenue and holds $926K in total assets, based on IRS filings.
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