Progressive Multiplier Action Fund
EIN: 833190176 · Washington, DC · NTEE: R19
| Metric | Value |
|---|---|
| Total Revenue | $319K |
| Total Expenses | $277K |
| Net Assets | $159K |
Is Progressive Multiplier Action Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Progressive Multiplier Action Fund
Progressive Multiplier Action Fund (EIN: 833190176) is a nonprofit organization based in Washington, DC, classified under NTEE code R19. The organization reported total revenue of $319K and total assets of $371K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Progressive Multiplier Action Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Progressive Multiplier Action Fund is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $277K |
| Surplus / Deficit | $-17,450 |
| Total Assets | $178K |
| Total Liabilities | $19K |
| Net Assets | $159K |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Progressive Multiplier Action Fund reported a deficit of $17K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Progressive Multiplier Action Fund's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +37.5% | -13.2% |
| 2022 | +30.8% | -28.5% | -24.7% |
| 2021 | -42.6% | -54.5% | -26.7% |
| 2020 | -68.6% | +117.1% | -46.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Progressive Multiplier Action Fund 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 Multiplier Action Fund 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 deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.5%.
Frequently Asked Questions about Progressive Multiplier Action Fund
Is Progressive Multiplier Action Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Progressive Multiplier Action Fund (EIN: 833190176) insufficient data. 0 red flags identified, 0 strengths noted.
How does Progressive Multiplier Action Fund spend its money?
Detailed spending breakdown data is not yet available for Progressive Multiplier Action Fund. Check back for updated IRS 990 analysis.
Are donations to Progressive Multiplier Action Fund tax-deductible?
Progressive Multiplier Action Fund is registered as a tax-exempt nonprofit (EIN: 833190176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Progressive Multiplier Action Fund located?
Progressive Multiplier Action Fund is headquartered in Washington, Washington DC and files with the IRS under EIN 833190176. It is classified under NTEE code R19.
How many years of IRS 990 filings does Progressive Multiplier Action Fund have?
Progressive Multiplier Action Fund has 5 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 $319K in total revenue.
Filing History
IRS 990 filing history for Progressive Multiplier Action Fund showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Progressive Multiplier Action Fund's revenue has declined by 71.3%, moving from $905K to $260K. Total assets decreased by 74.1% over the same period, from $689K to $178K. Total functional expenses fell by 2.9%, from $286K to $277K. In its most recent filing year (2023), Progressive Multiplier Action Fund reported a deficit of $17K, with expenses exceeding revenue. The organization holds $19K in liabilities against $178K in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $277K | $178K | $19K | — | View 990 |
| 2022 | $214K | $202K | $205K | $28K | — | View 990 |
| 2021 | $163K | $282K | $272K | $108K | — | View 990 |
| 2020 | $284K | $620K | $372K | $88K | — | — |
| 2019 | $905K | $286K | $689K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $260K, expenses of $277K, and assets of $178K (revenue +21.7% year-over-year).
- 2022: Revenue of $214K, expenses of $202K, and assets of $205K (revenue +30.8% year-over-year).
- 2021: Revenue of $163K, expenses of $282K, and assets of $272K (revenue -42.6% year-over-year).
- 2020: Revenue of $284K, expenses of $620K, and assets of $372K (revenue -68.6% year-over-year).
- 2019: Revenue of $905K, expenses of $286K, and assets of $689K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Progressive Multiplier Action Fund:
Data Sources and Methodology
This transparency report for Progressive Multiplier Action Fund 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.