Nonprofit · EIN 80-0496070
PROGRESSIVE EQUITY CHARTER INC
Tax-exempt · OAKLAND, CA 94608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $411,309 | $242,408 | $168,901 | $4,051,895 | $2,130,431 | $1,921,464 |
| June 30, 2024 | 990 | $375,600 | $345,847 | $29,753 | $3,940,596 | $2,188,033 | $1,752,563 |
| June 30, 2023 | 990 | $375,600 | $348,438 | $27,162 | $3,965,953 | $2,243,143 | $1,722,810 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $375,600
- Investment income
- $0
- Other revenue
- $35,709
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $12,269
- Occupancy
- $39,257
- Depreciation
- $73,904
- Program services (functional)
- $241,831
- Management and general (functional)
- $577
Balance sheet and other
- Total assets, start of year
- $3,940,596
- Total assets, end of year
- $4,051,895
- Total liabilities, end of year
- $2,130,431
- Net assets, end of year
- $1,921,464
- Land, buildings and equipment
- $3,677,857
- Net assets without donor restrictions
- $1,921,464
- Gross receipts
- $411,309
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2009
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD TRAFFORD-OWEN | PRESIDENT/CEO Trustee or director, Officer | 2 | $0 |
| ADAM D KAYE | TREASURER/CFO Trustee or director, Officer | 1 | $0 |
| DEBORAH J OWEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRISTIN BLAIR HULL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD TRAFFORD-OWEN | PRESIDENT/CEO Trustee or director, Officer | 2 | $0 |
| ADAM D KAYE | TREASURER/CFO Trustee or director, Officer | 1 | $0 |
| DEBORAH J OWEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRISTIN BLAIR HULL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD TRAFFORD-OWEN | PRESIDENT/CEO Trustee or director, Officer | 2 | $0 |
| ADAM D KAYE | TREASURER/CFO Trustee or director, Officer | 1 | $0 |
| DEBORAH J OWEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRISTIN BLAIR HULL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 42ND ST, OAKLAND, CA 94608-3621
- Principal officer (990 for 2024)
- RICHARD TRAFFORD-OWEN, 1000 42ND STREET, OAKLAND, CA 94608
- Signed the 990
- RICHARD TRAFFORD-OWEN, PRESIDENT
- Phone
- (510) 655-0540
- Return prepared by
- CHRISTY WHITE ASSOCIATES
California records
California keeps its own records of charities and corporations. Search them by EIN 80-0496070 or by the name PROGRESSIVE EQUITY CHARTER INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
ASSIST PHILANTHROPISTS AND FOUNDATIONS IN ACCELERATING THE GROWTH OF HIGH QUALITY CHARTER SCHOOLS; AND TO PROVIDE AND OTHERWISE OBTAIN OR ASSIST IN OBTAINING CHARTER SCHOOL FINANCING.
Program accomplishments
- THE PRIMARY EXEMPT PURPOSE OF THE CORPORATION IS TO PROVIDE FACILITIES TO CHARTER SCHOOLS AND PROVIDE GRANTS TO ASSIST IN EDUCATIONAL SUPPORT TO CHARTER SCHOOLS. THE PRIMARY REVENUE SOURCE FOR DISBURSEMENTS IS RENTAL INCOME.Expenses $241,831 · revenue $411,309
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0496070
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $4,051,895
- Income (IRS master file)
- $411,309
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $411,309 | $242,408 | $4,051,895 | XML |
| 990 | June 2024 | $375,600 | $345,847 | $3,940,596 | XML |
| 990 | June 2023 | $375,600 | $348,438 | $3,965,953 | XML |
| 990 | June 2022 | $375,600 | $238,816 | $4,010,496 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0496070).
Questions about PROGRESSIVE EQUITY CHARTER INC
- What is the EIN of PROGRESSIVE EQUITY CHARTER INC?
- The employer identification number (EIN) of PROGRESSIVE EQUITY CHARTER INC is 80-0496070.
- Is PROGRESSIVE EQUITY CHARTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PROGRESSIVE EQUITY CHARTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PROGRESSIVE EQUITY CHARTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROGRESSIVE EQUITY CHARTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROGRESSIVE EQUITY CHARTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PROGRESSIVE EQUITY CHARTER INC?
- The 990 for the year ended June 30, 2025 names RICHARD TRAFFORD-OWEN.
- Who are the officers and directors of PROGRESSIVE EQUITY CHARTER INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PROGRESSIVE EQUITY CHARTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $411,309, expenses of $242,408 and total assets of $4,051,895 at year end.
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