Propel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 97,796 | 82,698 | 15,098 | 3.1 | — |
| 2019 | 18,995 | 35,920 | −16,925 | 1.5 | — |
| 2020 | 44,303 | 43,982 | 321 | 1.3 | — |
| 2021 | 50,599 | 46,802 | 3,797 | 2.2 | — |
| 2022 | 60,431 | 62,733 | −2,302 | 1.2 | — |
| 2023 | 47,879 | 50,394 | −2,515 | 0.9 | — |
In its most recent public year (2023), this organization spent $2,515 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 3.1 in 2018.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Propel Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works