Progressive Healthcare Providers Fern Park Llc
Progressive Healthcare Providers Fern Park Llc consistently generates operational surpluses with no reported officer compensation.
EIN: 201018424 · Fern Park, FL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.5M |
| Total Expenses | $9.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $2.4M |
| Transparency Score | 80/100 |
Is Progressive Healthcare Providers Fern Park Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Progressive Healthcare Providers Fern Park Llc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Progressive Healthcare Providers Fern Park Llc
Progressive Healthcare Providers Fern Park Llc (EIN: 201018424) is a nonprofit organization based in Fern Park, FL. The organization reported total revenue of $11.5M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progressive Healthcare Providers Fern Park Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Progressive Healthcare Providers Fern Park Llc is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $9.9M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $6.3M |
| Total Liabilities | $3.9M |
| Net Assets | $2.4M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 62.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2024, Progressive Healthcare Providers Fern Park Llc reported a surplus of $1.0M with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Progressive Healthcare Providers Fern Park Llc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.1% | +9.3% | +13.0% |
| 2023 | +28.7% | +17.5% | +8.8% |
| 2022 | -4.7% | +2.4% | -12.9% |
| 2021 | -2.1% | -3.3% | +2.3% |
| 2020 | +1.4% | +1.3% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Progressive Healthcare Providers Fern Park Llc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Progressive Healthcare Providers Fern Park Llc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $10 million in annual revenue. This could indicate volunteer leadership or compensation structured in a way not reported as officer compensation on the 990.
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.
Red Flags
The following concerns were identified during AI analysis of Progressive Healthcare Providers Fern Park Llc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization with over $10 million in revenue and warrants further inquiry.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Progressive Healthcare Providers Fern Park Llc:
- Consistent operational surpluses, with revenue exceeding expenses in most periods (e.g., $10,966,788 revenue vs. $9,942,361 expenses in 2024).
- Healthy growth in assets over time, from $5,552,178 in 2015 to $6,343,972 in 2024, indicating financial stability.
- Stable financial history with 13 filings, suggesting consistent operations and compliance.
Frequently Asked Questions about Progressive Healthcare Providers Fern Park Llc
Is Progressive Healthcare Providers Fern Park Llc a legitimate charity?
Progressive Healthcare Providers Fern Park Llc (EIN: 201018424) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Progressive Healthcare Providers Fern Park Llc spend its money?
Progressive Healthcare Providers Fern Park Llc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Progressive Healthcare Providers Fern Park Llc tax-deductible?
Progressive Healthcare Providers Fern Park Llc is registered as a tax-exempt nonprofit (EIN: 201018424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Progressive Healthcare Providers Fern Park Llc CEO make?
Progressive Healthcare Providers Fern Park Llc's highest-compensated officer earns $10 annually. The organization reported $11.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Progressive Healthcare Providers Fern Park Llc's spending goes to programs?
Progressive Healthcare Providers Fern Park Llc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Progressive Healthcare Providers Fern Park Llc located?
Progressive Healthcare Providers Fern Park Llc is headquartered in Fern Park, Florida and files with the IRS under EIN 201018424.
How many years of IRS 990 filings does Progressive Healthcare Providers Fern Park Llc have?
Progressive Healthcare Providers Fern Park Llc 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 $11.5M in total revenue.
How does Progressive Healthcare Providers Fern Park Llc manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could imply that leadership is entirely volunteer-based, or that compensation for key personnel is categorized differently within the IRS 990, such as through independent contractor fees or other employee salaries not specifically designated as 'officer compensation'.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and how effectively the organization directs funds towards its mission.
What is the specific mission or programs of Progressive Healthcare Providers Fern Park Llc?
The NTEE code is unknown, and the provided financial data does not detail the specific mission or programs. Understanding the nature of its healthcare services would provide context for its financial operations and impact.
Filing History
IRS 990 filing history for Progressive Healthcare Providers Fern Park Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Progressive Healthcare Providers Fern Park Llc's revenue has grown by 58.3%, moving from $6.9M to $11.0M. Total assets increased by 17% over the same period, from $5.4M to $6.3M. Total functional expenses rose by 46.4%, from $6.8M to $9.9M. In its most recent filing year (2024), Progressive Healthcare Providers Fern Park Llc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $6.3M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $11.0M | $9.9M | $6.3M | $3.9M | — | View 990 |
| 2023 | $9.5M | $9.1M | $5.6M | $4.2M | — | View 990 |
| 2022 | $7.4M | $7.7M | $5.2M | $4.2M | — | View 990 |
| 2021 | $7.8M | $7.6M | $5.9M | $4.6M | — | View 990 |
| 2020 | $7.9M | $7.8M | $5.8M | $4.7M | — | View 990 |
| 2019 | $7.8M | $7.7M | $5.4M | $4.5M | — | View 990 |
| 2018 | $7.5M | $7.5M | $5.2M | $4.4M | — | — |
| 2017 | $7.6M | $7.4M | $5.3M | $4.5M | — | View 990 |
| 2016 | $7.3M | $7.3M | $5.5M | $4.8M | — | View 990 |
| 2015 | $7.2M | $7.1M | $5.6M | $4.9M | — | View 990 |
| 2014 | $7.1M | $6.9M | $5.5M | $4.9M | — | View 990 |
| 2013 | $6.8M | $6.8M | $5.3M | $4.9M | — | View 990 |
| 2012 | $6.9M | $6.8M | $5.4M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $11.0M, expenses of $9.9M, and assets of $6.3M (revenue +15.1% year-over-year).
- 2023: Revenue of $9.5M, expenses of $9.1M, and assets of $5.6M (revenue +28.7% year-over-year).
- 2022: Revenue of $7.4M, expenses of $7.7M, and assets of $5.2M (revenue -4.7% year-over-year).
- 2021: Revenue of $7.8M, expenses of $7.6M, and assets of $5.9M (revenue -2.1% year-over-year).
- 2020: Revenue of $7.9M, expenses of $7.8M, and assets of $5.8M (revenue +1.4% year-over-year).
- 2019: Revenue of $7.8M, expenses of $7.7M, and assets of $5.4M (revenue +4.5% year-over-year).
- 2018: Revenue of $7.5M, expenses of $7.5M, and assets of $5.2M (revenue -1.2% year-over-year).
- 2017: Revenue of $7.6M, expenses of $7.4M, and assets of $5.3M (revenue +3.5% year-over-year).
- 2016: Revenue of $7.3M, expenses of $7.3M, and assets of $5.5M (revenue +2.0% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.1M, and assets of $5.6M (revenue +0.7% year-over-year).
- 2014: Revenue of $7.1M, expenses of $6.9M, and assets of $5.5M (revenue +5.1% year-over-year).
- 2013: Revenue of $6.8M, expenses of $6.8M, and assets of $5.3M (revenue -2.1% year-over-year).
- 2012: Revenue of $6.9M, expenses of $6.8M, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Progressive Healthcare Providers Fern Park Llc:
Data Sources and Methodology
This transparency report for Progressive Healthcare Providers Fern Park Llc 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.