Progressive Pipeline
- Assets
- $69.0k
- Revenue
- $161.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Portland, ME
- Founding
- Data as of
- 12/2022
- EIN
- 84-1929570
Organization Overview
Progressive Pipeline is located in Portland, ME. As of 12/2022, Progressive Pipeline employed 2 individuals. Progressive Pipeline 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 12/2022, Progressive Pipeline generated $161.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $119.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECRUIT AND TRAIN THE NEXT GENERATION OF PROGRESSIVE LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRESSIVE PIPELINE PROVIDED LONG-TERM CAREER SUPPORT TO MORE THAN 200 FELLOWSHIP ALUMNI WHO ARE TRADITIONALLY UNDERREPRESENTED. THE ORGANIZATION SUPPORTED THESE STUDENTS AND RECENT GRADUATES INTERESTED IN LAUNCHING SOCIAL CHANGE CAREERS. THE ORGANIZATION ALSO HELPED TO IDENTIFY POTENTIAL ROLES THAT WOULD ALIGN WITH THEIR PROFESSIONAL AND PERSONAL GOALS, COACHED THEM THROUGH TELLING THEIR STORIES TO EMPLOYERS, AND OFFERED SUPPORT AND ADVICE AS THEY NAVIGATED THE JOB HUNT. IN KEEPING WITH OUR COMMITMENT TO BUILDING A STRONGER, MORE DIVERSE TALENT PIPELINE, MORE THAN 75% OF THE STUDENTS WHO WE SUPPORTED IDENTIFIED AS PEOPLE OF COLOR AND MORE THAN 70% IDENTIFIED AS WOMEN OR NON-BINARY. ADDITIONALLY, WE OFFERED TRAININGS TO MORE THAN 50 MANAGERS AT SOCIAL-IMPACT-FOCUSED ORGANIZATIONS THAT HELPED THEM TO DEVELOP EQUITABLE AND INCLUSIVE MANAGEMENT PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Michaelson President | OfficerTrustee | 25 | $35,000 |
Elaine Cummings Chairman | OfficerTrustee | 2 | $0 |
Sheila Schroeder Treasurer | OfficerTrustee | 2 | $0 |
Alexandra Fascione Secretary | OfficerTrustee | 2 | $0 |
Evan Wolfson Director | Trustee | 2 | $0 |
Roohi Rustum Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,280 |
| Total Program Service Revenue | $78,998 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,922 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $35,000 |
| Compensation of current officers, directors, key employees. | $14,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,317 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,989 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,820 |
| Advertising and promotion | $0 |
| Office expenses | $192 |
| Information technology | $1,700 |
| Royalties | $0 |
| Occupancy | $3,726 |
| Travel | $1,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $136 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,532 |
| All other expenses | $0 |
| Total functional expenses | $119,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,039 |
| Savings and temporary cash investments | $0 |
| 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 | $65,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $69,039 |
| 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 | $69,039 |
| 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 | $69,039 |