PROPEL INC (EIN 010793986) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile

Principal Officer

GREGG FRANCIS

Phone

5619558553

Tax Period

2023-01-01 to 2023-12-31

PROPEL INC is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 47% operating margin.

Mission

OUR MISSION IS TO FOSTER THE LEADERSHIP POTENTIAL, ACADEMIC AND CAREER SUCCESS, AND HEALTHY LIVING CHOICES OF YOUTH (AGES 10-24) AT-RISK OF OR ALREADY ON THE FRINGES OF THE JUSTICE SYSTEM LIVING IN THE SOUTH PALM BEACH COUNTY AREA BY PROVIDING AFTER-SCHOOL PROGRAMMING, COMMUNITY INVOLVEMENT AND ENRICHMENT ACTIVITIES, SUMMER CAMP OPPORTUNITIES, JOB PLACEMENT SUPPORT AND COLLEGE SCHOLARSHIPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,990,443

Program Service Revenue $13,403

Investment Income $0

Other Revenue $328,277

TOTAL REVENUE $2,332,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $371,970

Fundraising Expenses $32,212

Program Expenses $1,164,275

Other Expenses $875,199

TOTAL EXPENSES $1,247,169

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,332,123	$1,126,853	+1.1%
Expenses	$1,247,169	$1,103,645	+0.1%
Net Income	$1,084,954	$23,208	+45.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$120,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MARCHITELLO	VICE CHAIR	2.00	Officer	$0	$0	$0
MARTA BATMASIAN	SECRETARY/TR	2.00	Officer	$0	$0	$0
GREGG FRANCIS	CHAIR	40.00	Officer	$120,000	$0	$120,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,332,123	$1,247,169	$1,363,757	$1,084,954
2022	$1,126,853	$1,103,645	$374,975	$23,208
2021	$365,070	$336,111	$232,092	$28,959
2020	$257,282	$255,206	$240,926	$2,076

PROPEL INC