P โ€” Human ServicesEIN: 742991526ยท Ruling Year: 2001

Progressive Residential Services Of New Mexico Inc

Bloomfld Hls, Michigan

A-Health Score
77A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$4.6M
Total Revenue
๐Ÿ“Š
$4.4M
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
$626K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
25.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,619,337โ†‘11%$4,414,578โ†‘16%$2,463,791โ†‘28%
2022$4,175,541โ†‘15%$3,808,030โ†‘8%$1,917,456โ†‘27%
2021$3,639,508โ†‘30%$3,512,023โ†‘26%$1,508,144โ†‘16%
2020$2,790,627โ†‘3%$2,781,962โ†‘2%$1,299,192โ†“3%
2019$2,707,050โ†“12%$2,715,653โ†“8%$1,336,408โ†‘1%
2018$3,072,981โ†“5%$2,965,950โ†‘1%$1,319,897โ†“1%
2017$3,242,517โ†“9%$2,945,268โ†“10%$1,329,865โ†‘26%
2016$3,559,189โ†“4%$3,276,769โ†“6%$1,059,325โ†‘39%
2015$3,699,514โ†‘10%$3,499,477โ†‘4%$760,457โ†‘12%
2014$3,372,772โ†‘15%$3,376,103โ†‘10%$678,074โ†‘23%
2013$2,921,066โ†“21%$3,079,249โ†“18%$549,289โ†“37%
2012$3,702,413โ†“16%$3,743,953โ†“21%$866,271โ†“38%
2011$4,406,296$4,709,575$1,390,589

Frequently Asked Questions

What does Progressive Residential Services Of New Mexico Inc do?โ–ผ

Progressive Residential Services Of New Mexico Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Progressive Residential Services Of New Mexico Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Progressive Residential Services Of New Mexico Inc has a score of 77/100 (Grade: A-). 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 Progressive Residential Services Of New Mexico Inc generate?โ–ผ

Progressive Residential Services Of New Mexico Inc reports $5.1M in annual revenue and holds $2.0M in total assets, based on IRS filings.

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