PROPEL EDUCATION GROUP INC (EIN 834258337) - 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

2019

Legal Domicile

Principal Officer

COLLEEN MULLEN

Phone

6267655100

Tax Period

2024-07-01 to 2025-06-30

PROPEL EDUCATION GROUP INC, founded in 2019, is a mid-sized nonprofit in the Education sector that reported $14.8M in total revenue in fiscal year 2024. The organization ran a surplus of $5.4M, a strong 37% operating margin.

Mission

PROMOTE SOCIAL WELFARE BY CONDUCTING EDUCATIONAL PROGRAMS

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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 $0

Program Service Revenue $14,723,344

Investment Income $74,377

Other Revenue $0

TOTAL REVENUE $14,797,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,678,944

Fundraising Expenses $0

Program Expenses $9,203,950

Other Expenses $2,711,605

TOTAL EXPENSES $9,390,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,797,721	$13,870,035	+0.1%
Expenses	$9,390,549	$8,621,855	+0.1%
Net Income	$5,407,172	$5,248,180	+0.0%

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

N/A

Employees

Volunteers

N/A

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

$505,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN MULLEN	CEO	40.00	Officer	$505,269	$0	$505,269
JESSICA RAY-HERTZLER	N/A	40.00		$365,915	$0	$365,915
MARICELA FRYMARK	N/A	40.00		$199,925	$0	$199,925
JESSE NOONAN	N/A	40.00		$182,182	$0	$182,182
CHARLES PAK	N/A	40.00		$102,467	$0	$102,467
KAY ROSEN	President	0.00	Director	$0	$0	$0
RYAN SCOTT SAUNDERS	Treasurer	0.00	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	$14,797,721	$9,390,549	$20,163,378	$5,407,172
2024	No data	No data	No data	No data
2023	$10,595,939	$6,858,680	$9,783,183	$3,737,259
2022	$5,358,058	$3,907,275	$5,751,248	$1,450,783
2021	$5,167,306	$4,185,931	$4,176,443	$981,375

PROPEL EDUCATION GROUP INC