PROPEL NONPROFITS
PROPEL NONPROFITS
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1916337
•
•
Single Organization Support
Regional Funder
PROPEL NONPROFITS
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1916337
•
•
Single Organization Support
Regional Funder
Balance Sheet
Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$61,665,697
Receivables (Non-Related)
56%
Cash & Equivalents
37%
Other Assets
6%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$34,558,658
Notes Payable / Debt (Non-Related)
84%
Deferred Revenue
10%
Other Liabilities
3%
Payables & Accruals
3%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$13,395,462
$23,080,515
+72%
Receivables (Non-Related)
$35,165,449
$34,281,083
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$139,435
$212,674
+53%
Investments
-
-
-
Property, Plant, & Equipment (net)
$393,445
$312,698
-21%
Other Assets
$838,088
$3,778,727
+351%
Total Assets
$49,931,879
$61,665,697
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$840,326
$913,584
+9%
Grants Payable
-
-
-
Deferred Revenue
$4,999,207
$3,509,588
-30%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$343,235
$100,011
-71%
Notes Payable / Debt (Non-Related)
$25,369,798
$29,090,044
+15%
Related-Party Payables
-
-
-
Other Liabilities
$1,705,793
$945,431
-45%
Total Liabilities
$33,258,359
$34,558,658
+4%
Net assets
2024
2025
Change
Restricted Net Assets
$2,551,804
$4,635,659
+82%
Unrestricted Net Assets
$14,121,716
$22,471,380
+59%
Net assets
2024
2025
Change
Net assets
+$16,673,520
+$27,107,039
+63%
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