PROPEL NETWORK INC

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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

2015

Legal Domicile

Principal Officer

VIVIANE DARWISH

Phone

6464940822

Tax Period

2023-01-01 to 2023-12-31

PROPEL NETWORK INC, founded in 2015, is a small nonprofit in the Employment sector that reported $295K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $689K exceeded revenue, resulting in a 134% operating deficit.

Mission

PROPEL WILL PROVIDE JEWISH WOMEN AN OPPORTUNITY TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR FAMILIES THROUGH PROFESSIONAL JOB CERTIFICATION TRAINING, JOB PLACEMENT, AND CERTIFIED LIFE COACHING. ADDITIONALLY, PROPEL'S MISSION IS TO ENCOURAGE AND GUIDE JEWISH WOMEN TO DISCOVER AND LAUNCH THEIR CAREER POTENTIAL WHILE EMPOWERING THEM TO MAKE POSITIVE CHANGES IN THEIR LIVES. COLLECTIVELY, THE INCREASED POWER OF THESE WOMEN WILL BRING MANY FAMILIES OUT OF CREDIT CARD AND OTHER DEBT. WITHIN THE SAFETY NET OF PROPEL, EACH CAREER CANDIDATE WILL INCREASE HER LEVEL OF SELF-ESTEEM, ADD GREATER FINANCIAL STABILITY TO HER FAMILY'S BUDGET, AND GAIN A HIGHER LEVEL OF RESPECT FROM HER FAMILY AND FRIENDS.

Program Service Accomplishments

Program 1

Expenses: $417,556

A PROSPECTIVE CLIENT COMES IN FOR CAREER COACHING SESSIONS WITH ONE OF OUR CERTIFIED LIFE COACHES. TOGETHER THEY DECIDE WHAT THE CLIENT'S BEST AVENUE FOR SUCCESS WILL BE WITH REGARD TO HER INTEREST IN A PARTICULAR FIELD OF EMPLOYMENT. A VOCATIONAL SCHOOL IS THEN CHOSEN FOR THE CLIENT, WHICH SUITS HER LEVEL OF KNOWLEDGE AND TIME AVAILABILITY. WHEN NECESSARY, PROPEL PAYS THE TUITION FOR THE CLIENT DIRECTLY TO THE VOCATIONAL SCHOOL. ONCE THE CLIENT HAS GRADUATED THE PROGRAM AND EARNED HER VOCATIONAL CERTIFICATE, THE CLIENT'S COACH BEGINS TO CONNECT HER WITH THREE RELEVANT JOB INTERVIEWS, WHICH WILL LIKELY LEAD TO AT LEAST ONE JOB OFFER FOR THE CLIENT. THE PROGRAM GOES FROM MONDAY-FRIDAY, 9AM-5PM, ALL PUBLIC AND JEWISH HOLIDAYS EXCLUDED. ESTIMATED NUMBER OF WOMEN IN THE CAREER CANDIDATE PROGRAM IN 2023 WAS 241.

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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 $294,517

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $294,517

Expense Breakdown

Grants Paid $73,505

Salaries & Benefits $179,927

Fundraising Expenses $117,090

Program Expenses $417,556

Other Expenses $435,212

TOTAL EXPENSES $688,644

Year-over-Year Comparison

	2023	2022	Change
Revenue	$294,517	$1,314,733	-0.8%
Expenses	$688,644	$1,027,482	-0.3%
Net Income	$-394,127	$287,251	-2.4%

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

200

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

$156,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUELINE HARARY	SECRETARY & TREASURER/CHAI	1.00	Officer Director	$0	$0	$0
HAIM DABAH	VICE PRESIDENT/CHAIR OF MA	1.00	Officer Director	$0	$0	$0
DR GAYLE KROST	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL HADDAD	VICE PRESIDENT/CHAIR OF IN	1.00	Officer Director	$0	$0	$0
MARSHALL ARONOW	BOARD MEMBER	1.00	Director	$0	$0	$0
EZRA S ASHKENAZI	FOUNDING PRESIDENT EMERITU	1.00	Director	$0	$0	$0
REBECCA HARARY	CO-FOUNDER	1.00	Director	$0	$0	$0
ROBIN BRAKA	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCY FELDMAN	VICE PRESIDENT/CHAIR OF EV	1.00	Director	$0	$0	$0
MARLENE MAMIYE	MARKETING	1.00	Director	$0	$0	$0
HARRY ADJIMI	BOARD MEMBER	1.00	Director	$0	$0	$0
ZVI BEN-HAIM	BOARD MEMBER	1.00	Director	$0	$0	$0
NORMA COHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JIMMY HABER	BOARD MEMBER	1.00	Director	$0	$0	$0
MONETTE MISHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELLIOT TAWIL	BOARD MEMBER	1.00	Director	$0	$0	$0
GITTA KAPLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELAINE PARKER	BOARD MEMBER	1.00	Director	$0	$0	$0
HELEYNE MISHAN TAMIR	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLL DWECK SUTTON	EXECUTIVE DIRECTOR	20.00	Officer	$0	$0	$0
GITTA NEUFELD	EDUCATIONAL CONSULANT	20.00	Officer	$63,000	$0	$63,000
VIVIANE DARWISH	DIRECTOR OF OPERATIONS	40.00	Officer	$93,500	$0	$93,500

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	$294,517	$688,644	$828,397	$-394,127
2022	$1,314,733	$1,027,482	$1,222,524	$287,251
2021	$646,331	$788,808	$935,273	$-142,477
2020	$1,506,058	$865,645	$1,091,931	$640,413
2019	$742,567	$622,200	$437,337	$120,367
2018	$190,209	$491,577	$767,350	$-301,368