Progressive Education Program Inc
- Assets
- $105.9k
- Revenue
- $217.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New Iberia, LA
- Founding
- Data as of
- 06/2016
- EIN
- 72-0875028
Organization Overview
Progressive Education Program Inc is located in New Iberia, LA. Progressive Education Program 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 06/2016, Progressive Education Program Inc generated $217.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $239.9k during the year ending 06/2016. While expenses have increased by 1.4% per year over the past 2 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT EDUCATION AND BASIC LITERACY PROGRAMS INCLUDING INSTRUCTION FOR THE GED EXAM, TUTORING UNDEREDUCATED ADULTS IN BASIC READING AND WRITING SKILLS AND TUTOR TRAINING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Richard Vice President | Officer | 1 | $0 |
Davis Collins Treasurer | Officer | 1 | $0 |
Evelyn Jefferson President | Officer | 1 | $0 |
Joann Lejune Secretary | Officer | 1 | $0 |
S Nancy Flamm Ssnd Director | Trustee | 1 | $0 |
Janice Barideaux Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,506 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,506 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $171,828 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,523 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,788 |
| Insurance | $2,546 |
| All other expenses | $4,546 |
| Total functional expenses | $239,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,140 |
| Savings and temporary cash investments | $54,269 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $105,927 |
| Accounts payable and accrued expenses | $389 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $15,200 |
| Other liabilities | $2,388 |
| Total liabilities | $17,977 |
| Net assets without donor restrictions | $72,950 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $15,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $87,950 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Progressive Education Program Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $10,000 |
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