Progressive Learning Inc

Nonprofit profile at a glance

EIN
850821747
IRS 990-EZ coverage
2021–2022
Forms available
Form 990 2020, Form 990-EZ 2022
Location
Pikesville, MD, USA
Phone
4438581201
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Medical Disciplines Research

Reported finances

Revenue
$3,976
Expenses
$8,513
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JOSHUA VOGELSTEIN (PRESIDENT & TREASURER)

People named in this filing

  • JOSHUA VOGELSTEIN (PRESIDENT & TREASURER)
  • ILENE VOGELSTEIN (VP & SECRETARY)
  • JONATHAN CAPLIS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is the advancement of science, medicine and education, and knowledge through research as well as the dissemination of knowledge by publication, seminars and other similar activities designed to further scientific endeavors and disseminate scientific knowledge.

What it reported doing in 2022

The advancement of science, medicine and education through research.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.2%; rating input score 1
  • Program expense ratio: 0.5%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -114.1%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 117.5%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -111.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -148.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 1.2% of revenue deployed · 0.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43 in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.