Partners For Progress Inc
- Assets
- $5.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 11/2000
- Data as of
- 09/2021
- EIN
- 31-1740153
Organization Overview
Partners For Progress Inc is located in Baton Rouge, LA. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners For Progress Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Partners For Progress Inc generated $3.7m in total revenue. All expenses for the organization totaled $459.6k during the year ending 09/2021. While expenses have increased by 9.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING FOR THE ELDERLY, HANDICAPPED AND/OR PERSONS OF LOW INCOME IN EAST BATON ROUGE PARISH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND ADVANCE DECENT, SAFE AND SANITARY HOUSING FOR ELDERLY, HANDICAPPED AND/OR PERSONS OF LOW TO MODERATE INCOME IN EAST BATON ROUGE PARISH. TO CONSTRUCT, ASSIST IN THE CONSTRUCTION OF, OR ACQUIRE AND EQUIP BUILDINGS, STRUCTURES AND FIXTURES FOR LOW TO MODERATE INCOME RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Wall President | OfficerTrustee | 1 | $0 |
Philip Smith Jr Vice President | OfficerTrustee | 1 | $0 |
Tyra Banks Second Vice Chair | OfficerTrustee | 1 | $0 |
Jim Daniels Chief Executive Officer | Officer | 5 | $0 |
David Summers Chief Operating Officer | Officer | 5 | $0 |
Dr Barbara Caprenter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,438,662 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,475,718 |
| Total Program Service Revenue | $263,058 |
| Investment income | $2,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,317 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,736,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,829 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,431 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,631 |
| Payroll taxes | $0 |
| Fees for services: Management | $78,874 |
| Fees for services: Legal | $12,625 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,852 |
| Advertising and promotion | $0 |
| Office expenses | $3,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,433 |
| Travel | $1,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,346 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,577 |
| All other expenses | $2,053 |
| Total functional expenses | $459,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $592,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,040,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,918,861 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,693 |
| Net Land, buildings, and equipment | $292,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,846,275 |
| Accounts payable and accrued expenses | $17,163 |
| Grants payable | $0 |
| Deferred revenue | $1,259,696 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $979,825 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $225,614 |
| Total liabilities | $2,482,298 |
| Net assets without donor restrictions | $3,363,977 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,846,275 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Partners For Progress Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: PURCHASE BED FRAMES, MATTRESSES, LINENS, | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Health Presbyterian Hospital Kaufman Kaufman, TX | $17,114,303 | $46,511,695 |
Crossroads Housing Development Corporation Big Spring, TX | $1,430,723 | $31,698,100 |
Foundation Communities Inc Austin, TX | $201,792,213 | $44,085,347 |
Austin Affordable Housing Corporation Austin, TX | $189,492,836 | $40,972,198 |
Foundation Communities Austin, TX | $78,215,940 | $25,689,954 |
Tcc Hill Country Development Corporation Austin, TX | $11,234,408 | $22,073,361 |
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |