CSCharityScored
49

Progeny Start Ups Inc

Community Development · Memphis, Tennessee

4945 American Way Ste 4, Memphis, TN 38118-2424

EIN: 834655178· Founded: Sep 2022· 4 years active· Filing Year: 2022

Annual Revenue

$274K

Total Expenses

$324K

Total Assets

$22K

Program Spending

63%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$100K

30.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$65K

Total Payroll

$165K

51% of total expenses

Where the Money Goes

63%
Programs: 63%
Payroll: 51%
Other overhead: 37%
Program Revenue$204K (74%)
Total Expenses$324K (100%)
Payroll$165K (51%)
Overhead (non-program)37%

Trust Score Breakdown

Program Spending Ratio

63% of expenses go to programs

40%

Revenue & Stability

$274K annual revenue

15%

Executive Compensation

$100K total officer comp (30.9% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$22K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.