T — Philanthropy, Voluntarism & GrantmakingEIN: 411916337· Ruling Year: 2017

Propel Nonprofits

Minneapolis, Minnesota

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.64×
Peer Median11.98×
💰
$8.6M
Total Revenue
📊
$10.2M
Total Expenses
🏦
$16.7M
Net Assets
📋
$33.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.4%
Year-over-year change (2023 → 2024)
Net Margin
-18.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.64
Net assets divided by total expenses
Liabilities-to-Assets
66.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$8,635,201↓7%$10,188,716↓17%$49,931,879↑13%
2023$9,328,353↓36%$12,331,034↑37%$44,298,816↓11%
2022$14,478,230↑87%$9,007,511↑21%$49,559,623↑24%
2021$7,736,774↓7%$7,474,313↑4%$39,871,076↓2%
2020$8,339,894↑2%$7,155,426↓4%$40,727,822↑6%
2019$8,147,322↑33%$7,479,100↑7%$38,277,659↑19%
2018$6,123,073↓31%$6,962,892↑66%$32,125,168↑15%
2017$8,894,004↑306%$4,201,547↑125%$28,055,965↑20%
2016$2,191,595↓24%$1,871,452↑4%$23,436,143↑2%
2015$2,885,507↑130%$1,803,866↑4%$23,075,277↑25%
2014$1,255,681↓62%$1,735,792↑21%$18,411,769
2013$3,305,787↑26%$1,436,265↓14%$18,467,644↑10%
2012$2,625,267$1,676,685$16,757,544

Frequently Asked Questions

What does Propel Nonprofits do?▼

Propel Nonprofits is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Propel Nonprofits financially healthy?▼

Based on our 9-metric Financial Health Score model, Propel Nonprofits has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Propel Nonprofits generate?▼

Propel Nonprofits reports $23.0M in annual revenue and holds $61.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Minnesota.