Progressive Abilities Support Services Inc
EIN: 452520290 · Savannah, GA · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Net Assets | $-118,039 |
Is Progressive Abilities Support Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Progressive Abilities Support Services Inc
Progressive Abilities Support Services Inc (EIN: 452520290) is a nonprofit organization based in Savannah, GA, classified under NTEE code B60. The organization reported total revenue of $2.2M and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progressive Abilities Support Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Progressive Abilities Support Services Inc is a mid-size nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$924 |
| Total Assets | $77K |
| Total Liabilities | $195K |
| Net Assets | $-118,039 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 253.0% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Progressive Abilities Support Services Inc reported a surplus of $924 with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 253.0% (high leverage).
Financial Trends
Over 10 years of filings (2013–2023), Progressive Abilities Support Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | -14.1% | -6.7% |
| 2022 | +1.8% | +15.9% | -81.9% |
| 2021 | +10.5% | +32.1% | +8.2% |
| 2020 | -11.5% | -23.0% | +687.0% |
| 2019 | +17.7% | +9.1% | +1593.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Progressive Abilities Support Services 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 Progressive Abilities Support Services 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:
- The organization reported a surplus of $924, with revenue exceeding expenses.
- Debt-to-asset ratio: 253.0%.
Frequently Asked Questions about Progressive Abilities Support Services Inc
Is Progressive Abilities Support Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Progressive Abilities Support Services Inc (EIN: 452520290) insufficient data. 0 red flags identified, 0 strengths noted.
How does Progressive Abilities Support Services Inc spend its money?
Detailed spending breakdown data is not yet available for Progressive Abilities Support Services Inc. Check back for updated IRS 990 analysis.
Are donations to Progressive Abilities Support Services Inc tax-deductible?
Progressive Abilities Support Services Inc is registered as a tax-exempt nonprofit (EIN: 452520290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Progressive Abilities Support Services Inc located?
Progressive Abilities Support Services Inc is headquartered in Savannah, Georgia and files with the IRS under EIN 452520290. It is classified under NTEE code B60.
How many years of IRS 990 filings does Progressive Abilities Support Services Inc have?
Progressive Abilities Support Services Inc has 10 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Progressive Abilities Support Services Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Progressive Abilities Support Services Inc's revenue has grown by 1394.9%, moving from $141K to $2.1M. Total assets increased by 32308% over the same period, from $238 to $77K. Total functional expenses rose by 1396.6%, from $141K to $2.1M. In its most recent filing year (2023), Progressive Abilities Support Services Inc reported a surplus of $924, with revenue exceeding expenses. The organization holds $195K in liabilities against $77K in assets (debt-to-asset ratio: 253.0%), resulting in net assets of $-118,039.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $77K | $195K | — | View 990 |
| 2022 | $2.1M | $2.5M | $83K | $327K | — | View 990 |
| 2021 | $2.1M | $2.1M | $458K | $363K | — | View 990 |
| 2020 | $1.9M | $1.6M | $423K | $228K | — | View 990 |
| 2019 | $2.1M | $2.1M | $54K | $137K | — | View 990 |
| 2018 | $1.8M | $1.9M | $3K | $130K | — | View 990 |
| 2016 | $774K | $815K | $1K | $0 | — | View 990 |
| 2015 | $435K | $400K | $43K | $0 | — | View 990 |
| 2014 | $247K | $243K | $4K | $0 | — | View 990 |
| 2013 | $141K | $141K | $238 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $77K (revenue -0.3% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.5M, and assets of $83K (revenue +1.8% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $458K (revenue +10.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $423K (revenue -11.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $54K (revenue +17.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $3K (revenue +133.3% year-over-year).
- 2016: Revenue of $774K, expenses of $815K, and assets of $1K (revenue +77.8% year-over-year).
- 2015: Revenue of $435K, expenses of $400K, and assets of $43K (revenue +76.4% year-over-year).
- 2014: Revenue of $247K, expenses of $243K, and assets of $4K (revenue +74.9% year-over-year).
- 2013: Revenue of $141K, expenses of $141K, and assets of $238.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Progressive Abilities Support Services Inc:
Data Sources and Methodology
This transparency report for Progressive Abilities Support Services 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.