Local Progress Policy Action
EIN: 872098657 · Washington, DC · NTEE: R05
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.8M |
| Net Assets | $529K |
Is Local Progress Policy Action Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local Progress Policy Action
Local Progress Policy Action (EIN: 872098657) is a nonprofit organization based in Washington, DC, classified under NTEE code R05. The organization reported total revenue of $3.2M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Progress Policy Action's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Progress Policy Action is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 216.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$378K |
| Total Assets | $822K |
| Total Liabilities | $294K |
| Net Assets | $529K |
| Operating Margin | 17.3% |
| Debt-to-Asset Ratio | 35.7% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Local Progress Policy Action reported a surplus of $378K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 35.7% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Local Progress Policy Action's revenue has grown at a compound annual growth rate (CAGR) of 216.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +216.3% | +201.6% | +79.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local Progress Policy Action has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Local Progress Policy Action with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $378K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.7%.
Frequently Asked Questions about Local Progress Policy Action
Is Local Progress Policy Action a legitimate charity?
Based on AI analysis of IRS 990 filings, Local Progress Policy Action (EIN: 872098657) insufficient data. 0 red flags identified, 0 strengths noted.
How does Local Progress Policy Action spend its money?
Detailed spending breakdown data is not yet available for Local Progress Policy Action. Check back for updated IRS 990 analysis.
Are donations to Local Progress Policy Action tax-deductible?
Local Progress Policy Action is registered as a tax-exempt nonprofit (EIN: 872098657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local Progress Policy Action located?
Local Progress Policy Action is headquartered in Washington, Washington DC and files with the IRS under EIN 872098657. It is classified under NTEE code R05.
How many years of IRS 990 filings does Local Progress Policy Action have?
Local Progress Policy Action has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for Local Progress Policy Action showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Local Progress Policy Action's revenue has grown by 216.3%, moving from $691K to $2.2M. Total assets increased by 79.4% over the same period, from $458K to $822K. Total functional expenses rose by 201.6%, from $600K to $1.8M. In its most recent filing year (2023), Local Progress Policy Action reported a surplus of $378K, with revenue exceeding expenses. The organization holds $294K in liabilities against $822K in assets (debt-to-asset ratio: 35.7%), resulting in net assets of $529K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.8M | $822K | $294K | — | — |
| 2022 | $691K | $600K | $458K | $307K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Progress Policy Action:
Data Sources and Methodology
This transparency report for Local Progress Policy Action is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.