Progress Okc A Community Development Corporation Inc
Only null% goes to programs Strong reserves Declining revenue
Progress Okc A Community Development Corporation Inc is a 501(c)(3) organization based in Oklahoma City, Oklahoma, registered in 2016, with $156,809 in FY2024 revenue. CharityIndex grades it D.
105 N Hudson Ave Ste 101, Oklahoma City, OK, 73102 EIN 81-1435304 Since 2016
Revenue (FY2024)
$157K
▼ 8.1% vs prior year
Community median: $184K
Expenses (FY2024)
$254K
Net assets
$386K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Progress Okc A Community Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating18 mo reserves · -62% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Progress Okc A Community Development Corporation Inc: 18 mo reserves · -62% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Progress Okc A Community Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Progress Okc A Community Development Corporation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 105 N Hudson Ave Ste 101, Oklahoma City, OK, 73102
- City
- Oklahoma City
- State
- Oklahoma
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue declined from $268K (FY2017) to $157K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $513KNet assets $386K
Operating margin
-61.8%
Spent more than it raised in the latest fiscal year.
Total assets
$900K
Total liabilities
$513K
Net assets
$386K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $156,809▼8.1% | $253,763▼40.0% | $386,276▼20.1% | $899,682▼30.3% | 990 |
| 2023 | $170,539▲94.2% | $423,278▼11.7% | $483,230▼34.3% | $1,290,619▲33.6% | 990 |
| 2022 | $87,818▼89.9% | $479,416▲63.6% | $735,969▼34.7% | $966,030▼28.4% | 990 |
| 2021 | $869,907▼29.5% | $293,003▼67.0% | $1,127,567▲105% | $1,349,918▲82.1% | 990 |
| 2020 | $1,234,344▲51.1% | $886,709▲2.3% | $550,663▲118% | $741,219▲69.4% | 990 |
| 2018 | $817,015▲204% | $866,914▲1558% | $252,427▼16.5% | $437,632▼12.0% | 990 |
| 2017 | $268,435 | $52,272 | $302,326 | $497,052 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $15K total
1 grant to Progress Okc A Community Development Corporation Inc totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Oklahoma Inc | General operations | 2020 | $15,000 |
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Frequently asked questions
- Is Progress Okc A Community Development Corporation Inc a legitimate nonprofit?
- Yes. Progress Okc A Community Development Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-1435304, based in Oklahoma City, Oklahoma. Donations are tax-deductible.
- What is Progress Okc A Community Development Corporation Inc's EIN?
- Progress Okc A Community Development Corporation Inc's Employer Identification Number (EIN) is 81-1435304.
- How much revenue does Progress Okc A Community Development Corporation Inc report?
- Progress Okc A Community Development Corporation Inc reported $156,809 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Progress Okc A Community Development Corporation Inc have?
- CharityIndex grades Progress Okc A Community Development Corporation Inc D, based on financial health (reserves and operating margin).
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Data for Progress Okc A Community Development Corporation Inc (EIN 81-1435304) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.