Progression Foundation
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redondo Beach, CA
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-4757963
Organization Overview
Progression Foundation is located in Redondo Beach, CA. The organization was established in 2014. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Progression Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Progression Foundation generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.4%) each year. All expenses for the organization totaled $15.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (34.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE CONTINUE TO SUFFER FROM THE PANDEMIC SHUTDOWN. WE HAVE HAD TO WORK ON OTHER PROJECTS TO MAKE ENDS MEET BUT WILL CONTINUE TO DO EVERYTHING IN OUR POWER TO KEEP THE LIGHTS ON. OUR GOAL IS TO RAISE ENOUGH FUNDS TO START A NEW CAMPAIGN WITHIN THE NEXT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett E Williamson President & CEO | 30 | $0 | |
Marc Williamson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,528 |
| Occupancy, rent, utilities, and maintenance | $5,044 |
| Printing, publications, postage, and shipping | $6 |
| Other expenses | $6,270 |
| Total expenses | $15,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,576 |
| Other assets | $0 |
| Total assets | $9,409 |
| Total liabilities | $943 |
| Net assets or fund balances | $8,466 |