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PROPEL NONPROFITS
PROPEL NONPROFITS
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1916337
•
WWW.PROPELNONPROFITS.ORG
•
Single Organization Support
Regional Funder
PROPEL NONPROFITS
MINNEAPOLIS, MN, US
•
501(c)(3)
•
EIN
41-1916337
•
WWW.PROPELNONPROFITS.ORG
•
Single Organization Support
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Income Statement
Fiscal Year Start:
Apr 1
Revenues in
2025
$23,001,187
Contributions
60%
Government Grants
25%
Program Services
13%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in
2025
$12,567,668
Grants
35%
Salaries & Benefits
33%
Other
16%
Interest
7%
Offices, Occupancy & IT
5%
Fees to Service Providers
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$3,120,964
$13,700,762
+339%
Government Grants
$2,239,660
$5,671,714
+153%
Fundraising Events
$0
$0
-
Program Services
$2,759,548
$2,999,931
+9%
Membership Dues
$0
$0
-
Investments
$515,028
$628,780
+22%
Other
$1
$0
-100%
Total Revenues
$8,635,201
$23,001,187
+166%
Expenses
2024
2025
Change
Grants
$3,957,470
$4,354,377
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,650,706
$4,134,030
+13%
Fees to Service Providers
$942,239
$487,058
-48%
Advertising & Promotion
$21,958
$33,003
+50%
Offices, Occupancy & IT
$680,025
$674,891
-1%
Interest
$619,864
$844,519
+36%
Depreciation
$0
$0
-
Other
$316,454
$2,039,790
+545%
Total Expenses
$10,188,716
$12,567,668
+23%
Net income
2024
2025
Change
Net income
-$1,553,515
+$10,433,519
-772%
Functional Expenses
Summary
2024
2025
Change
Program
$8,645,202
$10,792,429
+25%
Admin
$1,267,524
$1,352,420
+7%
Fundraising
$275,990
$422,819
+53%
Total Expenses
$10,188,716
$12,567,668
+23%
Income Statement
