S โ€” Community Improvement & Capacity BuildingEIN: 452862040ยท Ruling Year: 2014

Progress North Carolina

Raleigh, North Carolina

CHealth Score
36C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$752K
Total Revenue
๐Ÿ“Š
$921K
Total Expenses
๐Ÿฆ
$22K
Net Assets
๐Ÿ“‹
$4K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.7%
Year-over-year change (2021 โ†’ 2022)
Net Margin
-22.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
14.2%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2022$751,538โ†‘2%$920,886โ†‘6%$25,867โ†“87%
2021$739,074โ†“86%$864,885โ†“82%$193,194โ†“48%
2020$5,197,599โ†‘1338%$4,915,360โ†‘1200%$373,362โ†‘885%
2019$361,437โ†‘25%$378,229โ†“31%$37,890โ†“36%
2018$288,697โ†“46%$547,383โ†‘22%$59,115โ†“82%
2017$535,173โ†“24%$447,679โ†“16%$330,075โ†‘99%
2016$699,722โ†‘99%$532,834โ†‘71%$165,631โ†‘180%
2015$352,135โ†‘127%$311,159โ†‘22%$59,051โ†‘396%
2014$155,161โ†“42%$254,056โ†“1%$11,911โ†“80%
2013$266,772$257,854$58,808

Frequently Asked Questions

What does Progress North Carolina do?โ–ผ

Progress North Carolina is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Progress North Carolina financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Progress North Carolina has a score of 36/100 (Grade: C). 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 North Carolina generate?โ–ผ

Progress North Carolina reports $3.8M in annual revenue and holds $26K in total assets, based on IRS filings.

Progress North Carolina โ€” Raleigh, NC | GiveScope