Progress In Education Inc
Progress In Education Inc shows consistent revenue growth and zero executive compensation over a decade.
EIN: 208091111 · Saint Louis, MO · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.5M |
| Total Expenses | $9.8M |
| Program Spending | 90% |
| Net Assets | $5.2M |
| Transparency Score | 95/100 |
Is Progress In Education Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Progress In Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Progress In Education Inc
Progress In Education Inc (EIN: 208091111) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code B29. The organization reported total revenue of $10.5M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progress In Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Progress In Education Inc is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $9.8M |
| Surplus / Deficit | +$67K |
| Total Assets | $6.0M |
| Total Liabilities | $811K |
| Net Assets | $5.2M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Progress In Education Inc reported a surplus of $67K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Progress In Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | +20.9% | -0.1% |
| 2022 | -3.4% | +10.0% | -1.6% |
| 2021 | +22.5% | +4.2% | +13.3% |
| 2020 | +8.0% | +11.4% | +32.7% |
| 2019 | +29.8% | +31.7% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Progress In Education Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Progress In Education Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
Progress In Education Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a highly unusual and positive indicator, suggesting a strong commitment to directing all financial resources towards its mission rather than executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Progress In Education Inc:
- Consistent and significant revenue growth over a decade (from $3.3M in 2014 to $9.8M in 2023).
- Zero reported officer compensation across all filings, indicating high mission focus.
- Healthy asset growth, reaching $5,986,559 in 2023.
- Decreasing liabilities in recent years, improving financial stability.
- Expenses closely track revenues, suggesting efficient resource management.
Frequently Asked Questions about Progress In Education Inc
Is Progress In Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Progress In Education Inc (EIN: 208091111) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Progress In Education Inc spend its money?
Progress In Education Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Progress In Education Inc tax-deductible?
Progress In Education Inc is registered as a tax-exempt nonprofit (EIN: 208091111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Progress In Education Inc's spending goes to programs?
Progress In Education Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Progress In Education Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Progress In Education Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Progress In Education Inc located?
Progress In Education Inc is headquartered in Saint Louis, Missouri and files with the IRS under EIN 208091111. It is classified under NTEE code B29.
How many years of IRS 990 filings does Progress In Education Inc have?
Progress In Education Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.5M in total revenue.
Is Progress In Education Inc a good charity?
Based on the provided financial data, Progress In Education Inc appears to be a very good charity. It demonstrates consistent revenue growth, strong asset accumulation, decreasing liabilities, and notably, zero reported officer compensation, all of which are positive indicators of financial health and mission focus.
How has Progress In Education Inc's revenue grown over time?
Progress In Education Inc has shown remarkable revenue growth, increasing from $3,296,454 in 2014 to $9,826,682 in 2023, nearly tripling its revenue in a decade.
What is the trend in the organization's liabilities?
The organization's liabilities have generally decreased in recent years, from a peak of $2,154,570 in 2020 to $810,575 in 2023, indicating improved financial stability and reduced debt.
Does Progress In Education Inc pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation for Progress In Education Inc across all available periods, indicating that no compensation is paid to its executives.
Filing History
IRS 990 filing history for Progress In Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Progress In Education Inc's revenue has grown by 560.2%, moving from $1.5M to $9.8M. Total assets increased by 1656% over the same period, from $341K to $6.0M. Total functional expenses rose by 665.8%, from $1.3M to $9.8M. In its most recent filing year (2023), Progress In Education Inc reported a surplus of $67K, with revenue exceeding expenses. The organization holds $811K in liabilities against $6.0M in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $9.8M | $6.0M | $811K | — | View 990 |
| 2022 | $8.5M | $8.1M | $6.0M | $883K | — | View 990 |
| 2021 | $8.8M | $7.3M | $6.1M | $1.4M | — | View 990 |
| 2020 | $7.2M | $7.0M | $5.4M | $2.2M | — | View 990 |
| 2019 | $6.7M | $6.3M | $4.0M | $972K | — | View 990 |
| 2018 | $5.1M | $4.8M | $3.8M | $1.1M | — | View 990 |
| 2017 | $5.0M | $4.5M | $3.6M | $1.1M | — | View 990 |
| 2016 | $4.6M | $4.2M | $3.1M | $1.2M | — | View 990 |
| 2015 | $4.2M | $3.7M | $2.8M | $1.3M | — | View 990 |
| 2014 | $3.3M | $3.0M | $2.4M | $1.4M | — | View 990 |
| 2013 | $2.7M | $2.6M | $2.1M | $1.4M | — | View 990 |
| 2012 | $2.2M | $1.8M | $683K | $3K | — | View 990 |
| 2011 | $1.5M | $1.3M | $341K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $9.8M, and assets of $6.0M (revenue +15.6% year-over-year).
- 2022: Revenue of $8.5M, expenses of $8.1M, and assets of $6.0M (revenue -3.4% year-over-year).
- 2021: Revenue of $8.8M, expenses of $7.3M, and assets of $6.1M (revenue +22.5% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.0M, and assets of $5.4M (revenue +8.0% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.3M, and assets of $4.0M (revenue +29.8% year-over-year).
- 2018: Revenue of $5.1M, expenses of $4.8M, and assets of $3.8M (revenue +1.8% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.5M, and assets of $3.6M (revenue +9.2% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.2M, and assets of $3.1M (revenue +10.4% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.7M, and assets of $2.8M (revenue +26.7% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.0M, and assets of $2.4M (revenue +24.0% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.6M, and assets of $2.1M (revenue +23.2% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $683K (revenue +45.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.3M, and assets of $341K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Progress In Education Inc:
Data Sources and Methodology
This transparency report for Progress In Education 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.