Quick charity verification for Propel Schools Foundation (EIN: 201100962)
Verdict: Propel Schools Foundation appears trustworthy
85/100Mission Score
$744KRevenue
$16.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong asset base, consistently over $10 million and growing to $16,113,685 in 202306.
Consistent reporting of 0% officer compensation, indicating high transparency and efficient use of funds.
Low liabilities relative to assets, suggesting sound financial management.
History of managing fluctuating revenues and expenses while maintaining financial stability.
Spending Breakdown
How Propel Schools Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Propel Schools Foundation
Is Propel Schools Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Propel Schools Foundation (EIN: 201100962) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Propel Schools Foundation a good charity to donate to?
Propel Schools Foundation has a Mission Score of 85/100. Revenue: $744K. Assets: $16.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Propel Schools Foundation?
The Employer Identification Number (EIN) for Propel Schools Foundation is 201100962. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Propel Schools Foundation spend its money?
Propel Schools Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Propel Schools Foundation's tax-exempt status?
You can verify Propel Schools Foundation's tax-exempt status using EIN 201100962 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Propel Schools Foundation demonstrates a generally stable financial position with significant assets, consistently exceeding $10 million since 2014 and reaching over $16 million in the latest filing period (202306). Revenue and expenses have fluctuated over the years, with the organization experiencing both surpluses and deficits. For instance, in 202306, revenue was $2,079,115 against expenses of $1,368,491, indicating a surplus, while in 202106, expenses ($1,427,595) exceeded revenue ($887,357). The organization's liabilities have remained relatively low compared to its assets, suggesting good financial management. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which enhances transparency and indicates that executive leadership is not drawing a salary from the foundation's funds.
While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent asset growth and low liabilities suggest a well-managed entity. The absence of officer compensation is a strong positive indicator for donor confidence regarding how funds are utilized. To fully assess spending efficiency, a more granular breakdown of expenses would be beneficial, but the overall financial health appears robust, supported by substantial assets and a history of managing varying revenue streams.
Given the available information, Propel Schools Foundation appears to be a financially sound organization with a strong commitment to transparency regarding executive compensation. Its ability to maintain and grow its asset base while managing fluctuating revenues and expenses points to prudent financial stewardship. The lack of officer compensation is a significant positive for its transparency profile.