PROPEL NONPROFITS (EIN 411916337) - 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

Formation Year

1998

Legal Domicile

Principal Officer

HENRY JIMENEZ

Phone

6122496700

Tax Period

2024-04-01 to 2025-03-31

PROPEL NONPROFITS, founded in 1998, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $23.0M in total revenue in fiscal year 2024. Revenue surged 166% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.4M, a strong 45% operating margin.

Mission

TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,372,476

Program Service Revenue $2,999,931

Investment Income $628,780

Other Revenue $0

TOTAL REVENUE $23,001,187

Expense Breakdown

Grants Paid $4,354,377

Salaries & Benefits $4,134,030

Fundraising Expenses $422,819

Program Expenses $10,792,429

Other Expenses $4,079,261

TOTAL EXPENSES $12,567,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,001,187	$8,635,201	+1.7%
Expenses	$12,567,668	$10,188,716	+0.2%
Net Income	$10,433,519	$-1,553,515	-7.7%

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

$889,622

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENRY JIMENEZ	PRESIDENT AND CEO	40.00	Officer	$235,410	$31,776	$267,186
ELLIE O'BRIEN	VICE PRESIDENT & CFO	40.00	Officer	$157,637	$32,941	$190,578
GARRETT BACKES	CHIEF ADVANCEMENT OFFICER	40.00	Officer	$129,480	$30,318	$159,798
MARIO HERNANDEZ	CHIEF PROGRAM OFFICER	40.00	Officer	$131,915	$15,431	$147,346
NAIMO FARAH	CAPACITY BUILDING DIRECOR	40.00	Highest	$104,873	$23,861	$128,734
HIBO ABDI	LOAN FUND DIRECTOR	40.00	Highest	$107,360	$14,148	$121,508
KATE BARR	PRESIDENT AND CEO (THROUGH MARCH)	40.00	Officer	$71,764	$4,468	$76,232
JONATHAN BROWN	CHIEF PROGRAM OFFICER (THROUGH MARCH)	40.00	Officer	$44,032	$4,450	$48,482
SCOTT MARQUARDT	CHAIR	3.00	Officer Director	$0	$0	$0
TAMARA LOWNEY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SONY MALHOTRA	TREASURER	3.00	Officer Director	$0	$0	$0
THOMAS ADAMS	SECRETARY	3.00	Officer Director	$0	$0	$0
SARAH CLYNE	PAST CHAIR	3.00	Officer Director	$0	$0	$0
GEMA ALVARADO-GUERRERO	DIRECTOR	2.00	Director	$0	$0	$0
PATTY PANNKUK	DIRECTOR	2.00	Director	$0	$0	$0
COURTNEY COLBY	DIRECTOR	2.00	Director	$0	$0	$0
HEIDI CHRISTIANSON	DIRECTOR	2.00	Director	$0	$0	$0
JEAN ADAMS	DIRECTOR	2.00	Director	$0	$0	$0
PAUL BABCOCK	DIRECTOR	2.00	Director	$0	$0	$0
SEAN KERSHAW	DIRECTOR	2.00	Director	$0	$0	$0
BRAXTON HAULCY	DIRECTOR	2.00	Director	$0	$0	$0
DOMINIC PAPATOLA	DIRECTOR	2.00	Director	$0	$0	$0
SOOK JIN ONG	DIRECTOR	2.00	Director	$0	$0	$0
SANJEEV SHAH	DIRECTOR	2.00	Director	$0	$0	$0

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	$23,001,187	$12,567,668	$61,665,697	$10,433,519
2024	$8,635,201	$10,188,716	$49,931,879	$-1,553,515
2023	$9,328,353	$12,331,034	$44,298,816	$-3,002,681
2022	$14,478,230	$9,007,511	$49,559,623	$5,470,719
2021	$8,344,774	$7,474,313	$40,479,076	$870,461
2021	$7,736,774	$7,474,313	$39,871,076	$262,461
2020	$8,339,894	$7,155,426	$40,727,822	$1,184,468
2019	$8,147,322	$7,479,100	$38,277,659	$668,222

PROPEL NONPROFITS