Propel Charter Schools East
Propel Charter Schools East consistently generates revenue exceeding expenses with no reported officer compensation.
EIN: 200593113 · Pittsburgh, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $7.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is Propel Charter Schools East Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Propel Charter Schools East directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Propel Charter Schools East
Propel Charter Schools East (EIN: 200593113) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B29. The organization reported total revenue of $8.1M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Propel Charter Schools East's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Propel Charter Schools East is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $7.3M |
| Surplus / Deficit | +$553K |
| Total Assets | $10.5M |
| Total Liabilities | $8.8M |
| Net Assets | $1.6M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 84.3% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Propel Charter Schools East reported a surplus of $553K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 84.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Propel Charter Schools East's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +6.8% | +3.1% |
| 2022 | -1.0% | +4.1% | +52.0% |
| 2021 | +2.2% | -2.8% | +6.9% |
| 2020 | +4.6% | +5.6% | -3.2% |
| 2019 | +17.0% | +13.6% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Schools East 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 Schools East 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 $553K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.3%.
Executive Compensation Analysis
Propel Charter Schools East consistently reports 0% for officer compensation across all 13 available IRS 990 filings, indicating that no portion of its budget is allocated to executive salaries, which is highly unusual for an organization of its size with revenues exceeding $7 million.
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 Schools East's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and could indicate compensation is reported elsewhere or through a related entity, potentially obscuring the full picture of executive pay.
Strengths
The following positive indicators were identified for Propel Charter Schools East:
- Consistent revenue generation exceeding expenses, as seen in 202306 ($7,808,422 revenue vs. $7,254,974 expenses).
- Significant asset growth over the past decade, from $4,857,808 in 201406 to $10,469,408 in 202306.
- No reported officer compensation across all 13 filings, suggesting a high dedication of funds to programmatic activities.
- Consistent filing of IRS 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Propel Charter Schools East
Is Propel Charter Schools East a legitimate charity?
Propel Charter Schools East (EIN: 200593113) 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: $8.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Propel Charter Schools East spend its money?
Propel Charter Schools East directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Propel Charter Schools East tax-deductible?
Propel Charter Schools East is registered as a tax-exempt nonprofit (EIN: 200593113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Propel Charter Schools East CEO make?
Propel Charter Schools East's highest-compensated officer earns $7 annually. The organization reported $8.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Propel Charter Schools East's spending goes to programs?
Propel Charter Schools East directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Propel Charter Schools East compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Propel Charter Schools East 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 Schools East located?
Propel Charter Schools East is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 200593113. It is classified under NTEE code B29.
How many years of IRS 990 filings does Propel Charter Schools East have?
Propel Charter Schools East 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 $8.1M in total revenue.
Is Propel Charter Schools East a good charity?
Based on the financial data, Propel Charter Schools East appears to be a well-managed organization. It consistently generates more revenue than expenses, has growing assets, and notably reports 0% officer compensation, suggesting a strong dedication of funds to its mission.
How has Propel Charter Schools East's financial health changed over time?
The organization's financial health has generally improved. Revenue has grown from $5,705,645 in 201406 to $7,808,422 in 202306, and assets have more than doubled from $4,857,808 to $10,469,408 in the same period, indicating stable growth and increasing financial capacity.
What is the organization's approach to executive compensation?
Propel Charter Schools East reports 0% officer compensation in all available filings, which is highly unusual and suggests that executive leadership may be compensated through a related entity or that the roles are entirely volunteer-based, warranting further investigation for full transparency.
Filing History
IRS 990 filing history for Propel Charter Schools East showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Propel Charter Schools East's revenue has grown by 53.7%, moving from $5.1M to $7.8M. Total assets increased by 244% over the same period, from $3.0M to $10.5M. Total functional expenses rose by 57.8%, from $4.6M to $7.3M. In its most recent filing year (2023), Propel Charter Schools East reported a surplus of $553K, with revenue exceeding expenses. The organization holds $8.8M in liabilities against $10.5M in assets (debt-to-asset ratio: 84.3%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $7.3M | $10.5M | $8.8M | — | View 990 |
| 2022 | $7.2M | $6.8M | $10.2M | $9.1M | — | View 990 |
| 2021 | $7.3M | $6.5M | $6.7M | $6.0M | — | View 990 |
| 2020 | $7.2M | $6.7M | $6.2M | $6.4M | — | View 990 |
| 2019 | $6.8M | $6.4M | $6.5M | $7.0M | — | View 990 |
| 2018 | $5.8M | $5.6M | $6.2M | $7.0M | — | View 990 |
| 2017 | $5.4M | $5.4M | $6.5M | $7.6M | — | View 990 |
| 2016 | $5.9M | $5.9M | $5.9M | $7.0M | — | View 990 |
| 2015 | $5.4M | $4.8M | $5.8M | $6.9M | — | View 990 |
| 2014 | $5.7M | $4.8M | $4.9M | $254K | — | View 990 |
| 2013 | $5.2M | $4.7M | $4.2M | $458K | — | View 990 |
| 2012 | $5.2M | $4.9M | $3.5M | $370K | — | View 990 |
| 2011 | $5.1M | $4.6M | $3.0M | $171K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $7.3M, and assets of $10.5M (revenue +7.9% year-over-year).
- 2022: Revenue of $7.2M, expenses of $6.8M, and assets of $10.2M (revenue -1.0% year-over-year).
- 2021: Revenue of $7.3M, expenses of $6.5M, and assets of $6.7M (revenue +2.2% year-over-year).
- 2020: Revenue of $7.2M, expenses of $6.7M, and assets of $6.2M (revenue +4.6% year-over-year).
- 2019: Revenue of $6.8M, expenses of $6.4M, and assets of $6.5M (revenue +17.0% year-over-year).
- 2018: Revenue of $5.8M, expenses of $5.6M, and assets of $6.2M (revenue +7.6% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.4M, and assets of $6.5M (revenue -7.6% year-over-year).
- 2016: Revenue of $5.9M, expenses of $5.9M, and assets of $5.9M (revenue +8.2% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.8M, and assets of $5.8M (revenue -4.8% year-over-year).
- 2014: Revenue of $5.7M, expenses of $4.8M, and assets of $4.9M (revenue +8.8% year-over-year).
- 2013: Revenue of $5.2M, expenses of $4.7M, and assets of $4.2M (revenue +1.8% year-over-year).
- 2012: Revenue of $5.2M, expenses of $4.9M, and assets of $3.5M (revenue +1.5% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.6M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Propel Charter Schools East:
Data Sources and Methodology
This transparency report for Propel Charter Schools East 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.