BIRMINGHAM, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Propel Education, founded in 2015, is a mid-sized nonprofit in the Employment sector that reported $12.7M in total revenue in fiscal year 2022. Revenue surged 1631% from the prior year, signaling strong growth momentum. Expenses of $17.9M exceeded revenue, resulting in a 41% operating deficit.
PROPEL EDUCATION (D/B/A "ED FARM") EQUIPS EDUCATORS IN SCHOOLS AND COMMMUNITIES WITH INNOVATIVE TOOLS AND STRATEGIES THAT SUPPORT ACTIVE LEARNING FOR ALL STUDENTS. PROPEL HAS A MISSION TO PROVIDE HBCU STUDENTS WITH THE KNOWLEDGE, SKILLS, TOOLS AND RESOURCES NECESSARY TO TRANSFORM OUR NATION'S TALENT PIPELINE AND WORKFORCE. ED FARMS PROVIDES PLACE-BASED AND VIRTUAL INSTRUCTIONAL SERVICES, RESOURCES, TECHNOLOGY AND WORKFORCE READINESS TRAINING TO INDIVIDUALS OF ALL AGES. PROGRAMS ARE INTENDED FOR K-12 EDUCATORS & STUDENTS, COLLEGE STUDENTS, FACULTY & STAFF, UN- OR UNDER-EMPLOYED ADULT LEARNERS, AS WELL AS EDUCATION TECHNOLOGY INNOVATORS AND ENTREPRENEURS. PROPEL CONNECTS HBCU STUDENTS WITH INDUSTRY PARTNERS.
K-12 EDUCATIONAL SUPPORT: TEACHER FELLOWS PROGRAM: SCHOOL DISTRICT LEADERS AND ADMINISTRATORS PARTNER WITH ED FARM TO IDENTIFY EDUCATORS WHO ARE PASSIONATE ABOUT INNOVATIVE TEACHING AND LEARNING...
K-12 EDUCATIONAL SUPPORT: TEACHER FELLOWS PROGRAM: SCHOOL DISTRICT LEADERS AND ADMINISTRATORS PARTNER WITH ED FARM TO IDENTIFY EDUCATORS WHO ARE PASSIONATE ABOUT INNOVATIVE TEACHING AND LEARNING. THESE EDUCATORS FORM AN ANNUAL COHORT KNOWN AS "TEACHER FELLOWSED FARM EQUIPS THEM WITH INNOVATIVE RESOURCES AND TEACHING STRATEGIES THAT SUPPORT ACTIVE LEARNING FOR ALL STUDENTS. TEACHER FELLOWS ALSO COLLABORATE WITH ONE ANOTHER AND PROVIDE PROFESSIONAL LEARNING EXPERIENCES FOR OTHER TEACHERS IN THEIR SCHOOLS AND DISTRICTS. STUDENT FELLOWS PROGRAM: MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATE IN YEAR-LONG, CHALLENGE-BASED LEARNING EXPERIENCES DESIGNED TO SOLVE REAL COMMUNITY PROBLEMS. AT THE BEGINNING OF EACH EXPERIENCE, COMMUNITY LEADERS IDENTIFY A CHALLENGE AND INVITE STUDENT FELLOWS TO SOLVE IT DURING THE SCHOOL YEAR. STUDENTS WORK TOGETHER TO INVESTIGATE THE CHALLENGE, BUILD DIGITAL SKILLS AND CREATE ACTIONABLE SOLUTIONS. STUDENT FELLOWS PRESENT THEIR SOLUTIONS TO THE COMMUNITY AT THE END OF THE YEAR.
COMMUNITY DIGITAL SKILLS GRANTS: FUNDS 'KIDS CODING'BIRMINGHAM CAN CODE' PROGRAMS WHICH ENCOURAGE, INSPIRE AND IGNITE CHILDREN AND ADULTS TO DISCOVER AND EXPLORE TECHNOLOGY, LEARN TO CODE AND PURSUE...
COMMUNITY DIGITAL SKILLS GRANTS: FUNDS 'KIDS CODING'BIRMINGHAM CAN CODE' PROGRAMS WHICH ENCOURAGE, INSPIRE AND IGNITE CHILDREN AND ADULTS TO DISCOVER AND EXPLORE TECHNOLOGY, LEARN TO CODE AND PURSUE STEM CAREERS. GRANTS SERVE TO HELP ED FARM ACHIEVE ITS GOALS OF EXPANDING THE REGION'S TECHNOLOGY ECOSYSTEM. PATHWAYS: FREE COURSES FOR ADULT LEARNERS THAT TEACHES DIGITAL SKILLS, APP CODING, EMPLOYABILITY SKILLS AND POST-SECONDARY CREDENTIAL ATTAINMENT.
PROPEL: PROPEL CENTER IS IN THE PLANNING PHASES. IT IS A PHYSICAL AND VIRTUAL CAMPUS TO PROVIDE HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCU) WITH SHARED SERVICES TO SUPPORT THEIR WORK OF...
PROPEL: PROPEL CENTER IS IN THE PLANNING PHASES. IT IS A PHYSICAL AND VIRTUAL CAMPUS TO PROVIDE HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCU) WITH SHARED SERVICES TO SUPPORT THEIR WORK OF PREPARING LEADERS WHO IMPROVE OUR WORLD. VIA A PHYSICAL CAMPUS AND DIGITAL LEARNING TOOLS, STUDENTS FROM ALL 101 HBCUS WILL CONNECT WITH THE BRIGHTEST MINDS IN THE WORLD, BE GIVEN GLOBAL OPPORTUNITIES AND DEVELOP INTO CIVIC-MINDED LEADERS AND ENTREPRENEURS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $12,655,421 | $731,270 | +16.3% |
| Expenses | $17,868,201 | $8,815,698 | +1.0% |
| Net Income | $-5,212,780 | $-8,084,428 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SHERRIE DEANS | CHIEF OPERATING OFFICER | 40.0 |
Key Emp
|
$603,185 | $12,200 | $615,385 |
| WAYMOND JACKSON | PRESIDENT | 40.0 |
Officer
|
$338,568 | $0 | $338,568 |
| JUANITA REYNOLDS | SENIOR VICE PRESIDENT | 40.0 |
Highest
|
$294,941 | $8,297 | $303,238 |
| CHARLES GIBBS | PRESIDENT OF HBCU CONSORTIUM | 40.0 |
Highest
|
$281,468 | $21,127 | $302,595 |
| HAE-SIN KIM THOMAS | PRESIDENT OF PATHWAYS | 40.0 |
Highest
|
$246,100 | $22,040 | $268,140 |
| CORTNEY HARRIS | SVP OF IMPACT & PROGRAMS | 40.0 |
Highest
|
$183,364 | $10,903 | $194,267 |
| LISA DOYLE | VP OF FINANCE | 40.0 |
Officer
|
$161,936 | $11,328 | $173,264 |
| JULIE SILLS MOLLOCK | CHIEF DEVELOPMENT OFFICER | 40.0 |
Highest
|
$164,219 | $6,321 | $170,540 |
| LIGE SHAO | VP OF GROWTH | 40.0 |
Key Emp
|
$155,996 | $6,404 | $162,400 |
| EUGENE WADE | CEO | 40.0 |
Officer
|
$53,959 | $0 | $53,959 |
| ANTHONY ONI | CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JAY BRANDRUP | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HUDSON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LAMELL MCMORRIS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MYLA CALHOUN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| NICHOLE FRANCIS-REYNOLDS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| 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 | $12,655,421 | $17,868,201 | $32,011,290 | $-5,212,780 |
| 2022 | $731,270 | $8,815,698 | $32,212,884 | $-8,084,428 |
| 2021 | $28,965,281 | $11,271,210 | $26,385,584 | $17,694,071 |
| 2021 | $43,965,281 | $11,678,574 | $41,135,810 | $32,286,707 |
| 2020 | $6,199,770 | $2,166,571 | $4,996,826 | $4,033,199 |
| 2019 | $1,169,724 | $355,233 | $837,888 | $814,491 |
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