J — EmploymentEIN: 421122161· Ruling Year: 1979

Progress Industries

Newton, Iowa

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.33×
Peer Median4.74×
💰
$12.9M
Total Revenue
📊
$12.8M
Total Expenses
🏦
$4.2M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
23.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$12,941,724↑3%$12,757,698↑5%$5,477,676↑8%
2022$12,560,187↓11%$12,093,078↑1%$5,056,933↑11%
2021$14,123,825↑28%$12,031,800↑9%$4,567,230↑6%
2020$11,055,529↓3%$11,005,452↑4%$4,315,615↑65%
2019$11,444,282↓11%$10,571,729↓18%$2,619,640↑38%
2018$12,841,234↑1%$12,826,833↓2%$1,901,041↑7%
2017$12,731,547$13,153,004↑3%$1,784,909↓11%
2016$12,785,789↑3%$12,785,457↑3%$1,995,448↓2%
2015$12,444,311↑4%$12,434,524↑4%$2,030,245↑4%
2014$11,956,134↓10%$11,939,550↓7%$1,943,903↓5%
2013$13,239,853↑3%$12,819,173$2,043,539↑19%
2012$12,806,962$12,797,859$1,713,418

Frequently Asked Questions

What does Progress Industries do?▼

Progress Industries is a employment nonprofit organization based in Iowa. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Progress Industries financially healthy?▼

Based on our 9-metric Financial Health Score model, Progress Industries has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Progress Industries generate?▼

Progress Industries reports $12.5M in annual revenue and holds $5.3M in total assets, based on IRS filings.

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