Propel Charter School Mckeesport
Propel Charter School Mckeesport consistently allocates over 80% of expenses to programs, demonstrating strong mission focus amid growing revenues and assets.
EIN: 200602699 · Pittsburgh, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $6.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $2.6M |
| Transparency Score | 90/100 |
Is Propel Charter School Mckeesport Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Propel Charter School Mckeesport directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Propel Charter School Mckeesport
Propel Charter School Mckeesport (EIN: 200602699) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B29. The organization reported total revenue of $7.3M and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Propel Charter School Mckeesport's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Propel Charter School Mckeesport is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $9.9M |
| Total Liabilities | $7.3M |
| Net Assets | $2.6M |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 74.1% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Propel Charter School Mckeesport reported a surplus of $1.7M with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 74.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Propel Charter School Mckeesport's revenue has grown at a compound annual growth rate (CAGR) of 23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +2.4% | +15.2% |
| 2022 | +12.6% | +9.0% | +87.2% |
| 2021 | +12.2% | +10.2% | +7.8% |
| 2020 | +0.8% | -0.4% | -11.0% |
| 2019 | -5.1% | -5.2% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Propel Charter School Mckeesport with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Propel Charter School Mckeesport allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.1%.
Executive Compensation Analysis
Propel Charter School Mckeesport reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which is unusual for an organization of its size with over $8 million in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Propel Charter School Mckeesport's IRS 990 filings:
- High liabilities relative to assets, with liabilities at $7.31 million against $9.86 million in assets in 2023, indicating significant debt financing.
- Consistent reporting of 0% officer compensation, which, while positive for transparency, is unusual for an organization of this scale and could warrant further inquiry into how leadership is compensated if at all.
Strengths
The following positive indicators were identified for Propel Charter School Mckeesport:
- Strong program spending ratio, with 85% of expenses dedicated to programs in 2023.
- Consistent revenue growth, increasing from $4.75 million in 2014 to $8.25 million in 2023.
- Positive net income in every reported period, indicating sustainable operations.
- Significant asset growth, from $3.80 million in 2014 to $9.86 million in 2023.
- Consistent annual IRS 990 filings, demonstrating good transparency and compliance.
Frequently Asked Questions about Propel Charter School Mckeesport
Is Propel Charter School Mckeesport a legitimate charity?
Propel Charter School Mckeesport (EIN: 200602699) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.3M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Propel Charter School Mckeesport spend its money?
Propel Charter School Mckeesport directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Propel Charter School Mckeesport tax-deductible?
Propel Charter School Mckeesport is registered as a tax-exempt nonprofit (EIN: 200602699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Propel Charter School Mckeesport CEO make?
Propel Charter School Mckeesport's highest-compensated officer earns $8 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Propel Charter School Mckeesport's spending goes to programs?
Propel Charter School Mckeesport directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Propel Charter School Mckeesport compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Propel Charter School Mckeesport is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Propel Charter School Mckeesport located?
Propel Charter School Mckeesport is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 200602699. It is classified under NTEE code B29.
How many years of IRS 990 filings does Propel Charter School Mckeesport have?
Propel Charter School Mckeesport has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.3M in total revenue.
Is Propel Charter School Mckeesport financially stable?
Yes, the organization appears financially stable. It has consistently generated more revenue than expenses over the past decade, with revenues growing from $4.75 million in 2014 to $8.25 million in 2023, and assets increasing to $9.86 million in 2023.
How efficiently does Propel Charter School Mckeesport spend its money?
Propel Charter School Mckeesport demonstrates high spending efficiency, allocating 85% of its total expenses to program services in the latest 2023 filing period, indicating a strong focus on its core educational mission.
What is the trend in Propel Charter School Mckeesport's assets and liabilities?
Assets have shown significant growth, from $3.80 million in 2014 to $9.86 million in 2023. Liabilities have also increased, reaching $7.31 million in 2023, suggesting growth in infrastructure or operational debt, but assets consistently exceed liabilities.
Does Propel Charter School Mckeesport compensate its officers?
According to the IRS 990 filings, Propel Charter School Mckeesport reports 0% officer compensation for all available periods, which is an uncommon but positive indicator for a public charter school's financial transparency regarding executive pay.
Filing History
IRS 990 filing history for Propel Charter School Mckeesport showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Propel Charter School Mckeesport's revenue has grown by 1103.2%, moving from $686K to $8.3M. Total assets increased by 291% over the same period, from $2.5M to $9.9M. Total functional expenses rose by 47.5%, from $4.5M to $6.6M. In its most recent filing year (2023), Propel Charter School Mckeesport reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $7.3M in liabilities against $9.9M in assets (debt-to-asset ratio: 74.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $6.6M | $9.9M | $7.3M | — | View 990 |
| 2022 | $7.4M | $6.4M | $8.6M | $7.7M | — | View 990 |
| 2021 | $6.6M | $5.9M | $4.6M | $4.7M | — | View 990 |
| 2020 | $5.9M | $5.3M | $4.2M | $5.0M | — | View 990 |
| 2019 | $5.8M | $5.4M | $4.8M | $6.0M | — | View 990 |
| 2018 | $6.1M | $5.7M | $4.8M | $6.3M | — | View 990 |
| 2017 | $5.6M | $5.1M | $5.0M | $7.0M | — | View 990 |
| 2016 | $5.8M | $5.3M | $4.4M | $7.0M | — | View 990 |
| 2015 | $5.1M | $4.5M | $4.8M | $7.8M | — | View 990 |
| 2014 | $4.8M | $4.3M | $3.8M | $923K | — | View 990 |
| 2013 | $4.8M | $4.4M | $3.5M | $1.1M | — | View 990 |
| 2012 | $4.8M | $4.7M | $3.0M | $876K | — | View 990 |
| 2011 | $686K | $4.5M | $2.5M | $534K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $6.6M, and assets of $9.9M (revenue +11.5% year-over-year).
- 2022: Revenue of $7.4M, expenses of $6.4M, and assets of $8.6M (revenue +12.6% year-over-year).
- 2021: Revenue of $6.6M, expenses of $5.9M, and assets of $4.6M (revenue +12.2% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.3M, and assets of $4.2M (revenue +0.8% year-over-year).
- 2019: Revenue of $5.8M, expenses of $5.4M, and assets of $4.8M (revenue -5.1% year-over-year).
- 2018: Revenue of $6.1M, expenses of $5.7M, and assets of $4.8M (revenue +8.5% year-over-year).
- 2017: Revenue of $5.6M, expenses of $5.1M, and assets of $5.0M (revenue -2.2% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.3M, and assets of $4.4M (revenue +12.7% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.5M, and assets of $4.8M (revenue +7.8% year-over-year).
- 2014: Revenue of $4.8M, expenses of $4.3M, and assets of $3.8M (revenue -0.2% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.4M, and assets of $3.5M (revenue +-0.0% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.7M, and assets of $3.0M (revenue +594.1% year-over-year).
- 2011: Revenue of $686K, expenses of $4.5M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Propel Charter School Mckeesport:
Data Sources and Methodology
This transparency report for Propel Charter School Mckeesport is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.