Is Progressnow Education Legit?

Quick charity verification for Progressnow Education (EIN: 208720291)

Verdict: Progressnow Education appears trustworthy

75/100Mission Score
$4.8MRevenue
$4.3MAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Progressnow Education allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Progressnow Education

Is Progressnow Education a legitimate charity?

Based on AI analysis of IRS 990 filings, Progressnow Education (EIN: 208720291) appears trustworthy. Mission Score: 75/100. 4 red flags identified, 3 strengths noted.

Is Progressnow Education a good charity to donate to?

Progressnow Education has a Mission Score of 75/100. Revenue: $4.8M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Progressnow Education?

The Employer Identification Number (EIN) for Progressnow Education is 208720291. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Progressnow Education spend its money?

Progressnow Education allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Progressnow Education's tax-exempt status?

You can verify Progressnow Education's tax-exempt status using EIN 208720291 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Progressnow Education exhibits fluctuating financial health over the past decade, with significant revenue spikes and drops. For instance, revenue surged to $29,411,544 in 2020 but fell to $2,835,174 by 2023. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency regarding executive pay and potentially a volunteer-led or very lean leadership structure. However, the 2023 filing shows expenses ($3,144,774) exceeding revenue ($2,835,174), resulting in a deficit for that year, which could impact future financial stability if it becomes a trend. The organization's assets have generally grown, reaching $2,177,031 in 2023, but liabilities have also increased, reaching $1,134,070 in the same period, indicating a reliance on debt or deferred obligations.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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