Propel Schools Inc (EIN 030483260) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Tina Chekan

Phone

4123257305

Tax Period

2022-07-01 to 2023-06-30

Propel Schools Inc, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $31.0M in total revenue in fiscal year 2022. Expenses of $28.2M left a modest 9% surplus.

Mission

Charter school for students in grades Kindergarten through Twelfth. Propel's mission is to catalyze the transformation of public education

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,550,944

Program Service Revenue $21,222,789

Investment Income $307,601

Other Revenue $1,917,762

TOTAL REVENUE $30,999,096

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,114,296

Fundraising Expenses $0

Program Expenses $24,690,023

Other Expenses $12,125,109

TOTAL EXPENSES $28,239,405

Year-over-Year Comparison

	2022	2021	Change
Revenue	$30,999,096	$29,500,508	+0.1%
Expenses	$28,239,405	$25,930,352	+0.1%
Net Income	$2,759,691	$3,570,156	-0.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

300

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

$463,229

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Fair	President	1.00	Officer Director	$0	$0	$0
Bernard E Carter	Vice-President	1.00	Officer Director	$0	$0	$0
Heidi Bartholomew	Treasurer	1.00	Officer Director	$0	$0	$0
Evon Walters	Secretary	1.00	Officer Director	$0	$0	$0
James Kinville	Trustee	1.00	Director	$0	$0	$0
Don Huber	Trustee	1.00	Director	$0	$0	$0
Brendan Surma	Trustee	1.00	Director	$0	$0	$0
Bryan Lewis	Trustee	1.00	Director	$0	$0	$0
Tina Chekan	Superintendent, CEO	5.00	Officer	$205,092	$91,707	$296,799
Melissa Garvin	Director of Pupil Service	35.00	Highest	$111,187	$10,868	$122,055
Teresa O'Neill	Senior Director	35.00	Highest	$145,428	$71,073	$216,501
Richard Snyder	Director of Operations	35.00	Highest	$119,219	$63,151	$182,370
Jaclyn Hoover	Senior Director of HR	35.00	Highest	$116,567	$32,568	$149,135
Robert Powell	Principal	35.00	Highest	$115,467	$61,050	$176,517
Beth Wright	Chief Financial Officer	12.00	Officer	$132,911	$33,519	$166,430
Sandra Madden	Senior Director Rept.	35.00	Highest	$110,940	$25,572	$136,512
Danielle Parson	Community Affairs Sr Director	35.00	Highest	$104,644	$22,730	$127,374
Lindsey Smith	Inst Assess Ast Dir	35.00	Highest	$100,688	$50,612	$151,300
Darren Stromock	Assist Dir Stud Affairs	35.00	Highest	$102,941	$56,469	$159,410
Rosemary Anderson	Director Afterschool Program	35.00	Highest	$103,818	$50,660	$154,478
Kristen Golomb	Dir, Innovation & Partner	35.00	Highest	$102,405	$49,573	$151,978
Michael Radage	Dir Talent Acquisitions	35.00	Highest	$100,277	$24,447	$124,724
Sonya M Meadows	Sr Dir Strat Comm & Engag	35.00	Highest	$115,937	$16,939	$132,876

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$30,999,096	$28,239,405	$27,115,373	$2,759,691
2022	$29,500,508	$25,930,352	$25,744,623	$3,570,156
2021	$27,845,397	$25,128,366	$19,245,197	$2,717,031
2020	$26,009,398	$26,246,922	$16,474,105	$-237,524
2019	$24,940,423	$24,100,581	$17,732,925	$839,842
2018	$21,977,582	$20,351,254	$17,473,639	$1,626,328

Propel Schools Inc