Progress Industries

Human Services · Newton, Iowa

202 N 3Rd Ave W, Newton, IA 50208-3037

EIN: 421122161· Founded: Jun 1979· 47 years active· Filing Year: 2023

Annual Revenue

$12.9M

Total Expenses

$12.8M

Total Assets

$5.5M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$243K

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.7M

Total Payroll

$8.0M

63% of total expenses

Where the Money Goes

95%

Programs: 95%

Payroll: 63%

Other overhead: 5%

Program Revenue$12.1M (93%)

Total Expenses$12.8M (99%)

Payroll$8.0M (63%)

Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$12.9M annual revenue

15%

Executive Compensation

$243K total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.5M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.