Propel Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 77,882 | 77,627 | 255 | 2.8 | — |
| 2019 | 88,691 | 89,941 | −1,250 | 2.3 | — |
| 2020 | 65,852 | 53,590 | 12,262 | 6.6 | — |
| 2021 | 91,696 | 89,345 | 2,351 | 4.3 | — |
| 2022 | 96,655 | 92,105 | 4,550 | 4.7 | — |
| 2023 | 103,948 | 120,851 | −16,903 | 1.9 | — |
In its most recent public year (2023), this organization spent $16,903 more than it brought in. Its reserves stood at about 1.9 months of spending.
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 Initiative 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