Partners For Progress Inc
- Assets
- $9.2m
- Revenue
- $20.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- Data as of
- 12/2019
- EIN
- 81-5115485
Organization Overview
Partners For Progress Inc is located in Cleveland, OH. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit 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)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Partners For Progress Inc generated $20.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.7% each year . All expenses for the organization totaled $14.0m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ENGAGES IN ADVOCACY IN SUPPORT OF NUCLEAR POWER AND THE POWER GENERATION INDUSTRY IN GENERAL, AS WELL AS POLICIES THAT FURTHER THE POWER GENERATION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS ENGAGED INDEPENDENT CONTRACTORS TO PROVIDE ADVOCACY SERVICES TO THE ORGANIZATION WITH RESPECT TO NUCLEAR POWER GENERATION AND BASE LOAD GENERATION INDUSTRIES. SUCH ADVOCACY EFFORTS FOCUS ON NUCLEAR POWER PLANTS IN OHIO AND INCLUDE GRASSROOTS EFFORTS TO INCREASE SUPPORT FOR THE OPERATION AND VIABILITY OF SUCH NUCLEAR POWER PLANTS IN THE POWER GENERATION INDUSTRY. THE ORGANIZATION ALSO WORKS TO BUILD COALITIONS SUPPORTIVE OF NUCLEAR POWER AND THE POWER GENERATION INDUSTRY THROUGH STRATEGIC OUTREACH AND COLLABORATION WITH INTERESTED STAKEHOLDERS. SPECIFIC ACTIVITIES UNDERTAKEN IN SUPPORT OF SUCH GOALS INCLUDE, WITHOUT LIMITATION, ENGAGING COALITION MEMBERS TO CONTACT ELECTED OFFICIALS IN SUPPORT OF SUCH GOALS AND ENGAGING COALITION MEMBERS TO PROVIDE PUBLIC STATEMENTS OF SUPPORT OF SUCH GOALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Vanburen Treasurer | OfficerTrustee | 5 | $0 |
R Scott Davis Trustee | Trustee | 0.5 | $0 |
Daniel M Mccarthy President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000,000 |
| Investment income | $43,838 |
| 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 | $20,043,838 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,563 |
| Fees for services: Legal | $2,005 |
| Fees for services: Accounting | $0 |
| 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 | $875 |
| 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 | $0 |
| Insurance | $3,921 |
| All other expenses | $0 |
| Total functional expenses | $13,964,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,196,238 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,196,238 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $9,196,238 |
| 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 |
| Total liabilities and net assets/fund balances | $9,196,238 |