Progress Solutions Inc
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bel Air, MD
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 45-0603074
Organization Overview
Progress Solutions Inc is located in Bel Air, MD. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Progress Solutions 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 12/2023, Progress Solutions Inc generated $76.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $88.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EXISTS TO PLANT CHRISTIAN CHURCHES AND CREATE SUSTAINABLE DEVELOPMENT PROJECTS TO HELP IMPROVE THE LIVES OF THE PEOPLE OF THE DOMINICAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Uriel Castrillon President | 10 | $0 | |
Michael Childers Secretary | 2 | $0 | |
Thomas Canapp Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,489 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,489 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,391 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,103 |
| Total expenses | $88,494 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,616 |
| Other assets | $0 |
| Total assets | $8,434 |
| Total liabilities | $6,931 |
| Net assets or fund balances | $1,503 |