Progress Industries
Newton, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,941,724↑3% | $12,757,698↑5% | $5,477,676↑8% | |
| 2022 | $12,560,187↓11% | $12,093,078↑1% | $5,056,933↑11% | — |
| 2021 | $14,123,825↑28% | $12,031,800↑9% | $4,567,230↑6% | — |
| 2020 | $11,055,529↓3% | $11,005,452↑4% | $4,315,615↑65% | — |
| 2019 | $11,444,282↓11% | $10,571,729↓18% | $2,619,640↑38% | — |
| 2018 | $12,841,234↑1% | $12,826,833↓2% | $1,901,041↑7% | — |
| 2017 | $12,731,547 | $13,153,004↑3% | $1,784,909↓11% | — |
| 2016 | $12,785,789↑3% | $12,785,457↑3% | $1,995,448↓2% | — |
| 2015 | $12,444,311↑4% | $12,434,524↑4% | $2,030,245↑4% | — |
| 2014 | $11,956,134↓10% | $11,939,550↓7% | $1,943,903↓5% | — |
| 2013 | $13,239,853↑3% | $12,819,173 | $2,043,539↑19% | — |
| 2012 | $12,806,962 | $12,797,859 | $1,713,418 | — |
Frequently Asked Questions
What does Progress Industries do?▼
Progress Industries is a employment nonprofit organization based in Iowa. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Progress Industries financially healthy?▼
Based on our 9-metric Financial Health Score model, Progress Industries has a score of 65/100 (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 Industries generate?▼
Progress Industries reports $12.5M in annual revenue and holds $5.3M in total assets, based on IRS filings.
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