Progress Cemetery Inc
EIN: 843620869 · Pleasant Hill, LA · NTEE: Y50
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Net Assets | $224K |
Is Progress Cemetery Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Progress Cemetery Inc
Progress Cemetery Inc (EIN: 843620869) is a nonprofit organization based in Pleasant Hill, LA, classified under NTEE code Y50. The organization reported total revenue of $34K and total assets of $252K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progress Cemetery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Progress Cemetery Inc is a micro nonprofit that has been operating for 2 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $0 |
| Surplus / Deficit | +$109K |
| Total Assets | $224K |
| Total Liabilities | $1 |
| Net Assets | $224K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Progress Cemetery Inc reported a surplus of $109K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Progress Cemetery Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.4% | -100.0% | +77.0% |
| 2022 | +24.0% | -27.8% | +82.7% |
| 2021 | -31.9% | -35.2% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Progress Cemetery Inc 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 Progress Cemetery Inc 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Progress Cemetery Inc
Is Progress Cemetery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Progress Cemetery Inc (EIN: 843620869) insufficient data. 0 red flags identified, 0 strengths noted.
How does Progress Cemetery Inc spend its money?
Detailed spending breakdown data is not yet available for Progress Cemetery Inc. Check back for updated IRS 990 analysis.
Are donations to Progress Cemetery Inc tax-deductible?
Progress Cemetery Inc is registered as a tax-exempt nonprofit (EIN: 843620869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Progress Cemetery Inc located?
Progress Cemetery Inc is headquartered in Pleasant Hill, Louisiana and files with the IRS under EIN 843620869. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Progress Cemetery Inc have?
Progress Cemetery Inc has 4 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 $34K in total revenue.
Filing History
IRS 990 filing history for Progress Cemetery Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Progress Cemetery Inc's revenue has grown by 51.5%, moving from $72K to $109K. Total assets increased by 280% over the same period, from $59K to $224K. Total functional expenses fell by 100%, from $61K to $0. The organization holds $1 in liabilities against $224K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $0 | $224K | $1 | — | — |
| 2022 | $61K | $29K | $127K | $1 | — | — |
| 2021 | $49K | $40K | $69K | $1 | — | — |
| 2020 | $72K | $61K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $0, and assets of $224K (revenue +79.4% year-over-year).
- 2022: Revenue of $61K, expenses of $29K, and assets of $127K (revenue +24.0% year-over-year).
- 2021: Revenue of $49K, expenses of $40K, and assets of $69K (revenue -31.9% year-over-year).
- 2020: Revenue of $72K, expenses of $61K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Progress Cemetery Inc:
Data Sources and Methodology
This transparency report for Progress Cemetery Inc 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.