Progressive Action Council

EIN: 341642848 · Cleveland, OH

$364KRevenue
$68KAssets
0/100Mission Score (Very Poor)
Progressive Action Council Financial Summary
MetricValue
Total Revenue$364K
Total Expenses$388K
Net Assets$22K

Is Progressive Action Council Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Progressive Action Council

Progressive Action Council (EIN: 341642848) is a nonprofit organization based in Cleveland, OH. The organization reported total revenue of $364K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progressive Action Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

34Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Progressive Action Council is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$352K
Total Expenses$388K
Surplus / Deficit$-36,402
Total Assets$38K
Total Liabilities$16K
Net Assets$22K
Operating Margin-10.4%
Debt-to-Asset Ratio42.4%
Months of Reserves1.2 months

Financial Health Grade: C

In 2023, Progressive Action Council reported a deficit of $36K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 42.4% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Progressive Action Council's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.7%+16.2%-72.3%
2022+40.1%+42.8%-9.3%
2021-34.5%-0.9%-0.9%
2020+0.8%-27.5%+407.1%
2019-29.8%-36.1%+74.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1992

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Progressive Action Council 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 Action Council 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:

$352KTotal Revenue
$388KTotal Expenses
$38KTotal Assets
$16KTotal Liabilities
$22KNet Assets
  • The organization reported a deficit of $36K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 42.4%.

Frequently Asked Questions about Progressive Action Council

Is Progressive Action Council a legitimate charity?

Progressive Action Council (EIN: 341642848) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $364K. No red flags identified. Financial health grade: C.

How does Progressive Action Council spend its money?

Progressive Action Council reported $364K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Progressive Action Council tax-deductible?

Progressive Action Council is registered as a tax-exempt nonprofit (EIN: 341642848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Progressive Action Council located?

Progressive Action Council is headquartered in Cleveland, Ohio and files with the IRS under EIN 341642848.

How many years of IRS 990 filings does Progressive Action Council have?

Progressive Action Council 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 $364K in total revenue.

Filing History

IRS 990 filing history for Progressive Action Council showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Progressive Action Council's revenue has grown by 13.4%, moving from $310K to $352K. Total assets decreased by 53.2% over the same period, from $81K to $38K. Total functional expenses rose by 14.2%, from $340K to $388K. In its most recent filing year (2023), Progressive Action Council reported a deficit of $36K, with expenses exceeding revenue. The organization holds $16K in liabilities against $38K in assets (debt-to-asset ratio: 42.4%), resulting in net assets of $22K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $352K $388K $38K $16K
2022 $327K $334K $137K $229 View 990
2021 $233K $234K $152K $7K View 990
2020 $356K $236K $153K $8K View 990
2019 $353K $325K $30K $5K View 990
2018 $502K $509K $17K $20K View 990
2017 $0 $316K $7K $14K View 990
2016 $400K $382K $6K $16K View 990
2015 $404K $415K $16K $49K View 990
2014 $354K $372K $11K $33K View 990
2013 $368K $356K $14K $18K View 990
2012 $319K $329K $12K $28K View 990
2011 $310K $340K $81K $87K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $352K, expenses of $388K, and assets of $38K (revenue +7.7% year-over-year).
  • 2022: Revenue of $327K, expenses of $334K, and assets of $137K (revenue +40.1% year-over-year).
  • 2021: Revenue of $233K, expenses of $234K, and assets of $152K (revenue -34.5% year-over-year).
  • 2020: Revenue of $356K, expenses of $236K, and assets of $153K (revenue +0.8% year-over-year).
  • 2019: Revenue of $353K, expenses of $325K, and assets of $30K (revenue -29.8% year-over-year).
  • 2018: Revenue of $502K, expenses of $509K, and assets of $17K.
  • 2017: Revenue of $0, expenses of $316K, and assets of $7K (revenue -100.0% year-over-year).
  • 2016: Revenue of $400K, expenses of $382K, and assets of $6K (revenue -0.9% year-over-year).
  • 2015: Revenue of $404K, expenses of $415K, and assets of $16K (revenue +14.0% year-over-year).
  • 2014: Revenue of $354K, expenses of $372K, and assets of $11K (revenue -3.7% year-over-year).
  • 2013: Revenue of $368K, expenses of $356K, and assets of $14K (revenue +15.4% year-over-year).
  • 2012: Revenue of $319K, expenses of $329K, and assets of $12K (revenue +2.8% year-over-year).
  • 2011: Revenue of $310K, expenses of $340K, and assets of $81K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Progressive Action Council:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Progressive Action Council 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.

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