TPhilanthropy, Voluntarism & GrantmakingEIN: 820689514· Ruling Year: 2017

Rende Progress Capital

East Lansing, Michigan

B-Health Score
47B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.14×
Peer Median13.69×
💰
$814K
Total Revenue
📊
$467K
Total Expenses
🏦
$2.9M
Net Assets
📋
$514K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-40.1%
Year-over-year change (2022 → 2023)
Net Margin
+42.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.14
Net assets divided by total expenses
Liabilities-to-Assets
15.2%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$814,27540%$466,9213%$3,381,78711%
2022$1,358,41325%$452,73545%$3,048,19241%
2020$1,812,309670%$312,79844%$2,158,777479%
2019$235,2537%$217,814155%$373,15654%
2018$220,008$85,385$242,510

Frequently Asked Questions

What does Rende Progress Capital do?

Rende Progress Capital is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rende Progress Capital financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rende Progress Capital.

How much revenue does Rende Progress Capital generate?

Rende Progress Capital reports $638K in annual revenue and holds $3.6M in total assets, based on IRS filings.

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Rende Progress Capital — East Lansing, MI | GiveScope