How to identify whether the verb tense is to convey time, sequence, condition, or state.

It depends on the subject, you analyse which is the subject of the sentence since the verb describes the action of that subject.

Verb is an action word.
The present progressive tense is a verb tense that means the action is continuing or in the act right now. “To be” verb is mainly used to indicate and identify this verb tense present and the applying –ing of the present participle of the verb word used in the sentence. Hence based on the given sentence above we can apply the present progressive tense as: 
For example:
The journalism staff is typing the yearbook copy, but another company is printing the book.

And also:
1. Past progressive tense
2. Future progressive tense
3. Future perfect progressive tense

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