Propel Schools Foundation
Propel Schools Foundation maintains substantial assets and reports no officer compensation amidst fluctuating revenues.
EIN: 201100962 · Pittsburgh, PA · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $744K |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| Net Assets | $15.9M |
| Transparency Score | 85/100 |
Is Propel Schools Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Propel Schools Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Propel Schools Foundation
Propel Schools Foundation (EIN: 201100962) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B11. The organization reported total revenue of $744K and total assets of $16.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Propel Schools Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Propel Schools Foundation is a small 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 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$711K |
| Total Assets | $16.1M |
| Total Liabilities | $192K |
| Net Assets | $15.9M |
| Operating Margin | 34.2% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 141.3 months |
Financial Health Grade: A
In 2023, Propel Schools Foundation reported a surplus of $711K with revenue exceeding expenses, holds 141.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Propel Schools Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.8% | +32.3% | +12.3% |
| 2022 | +203.5% | -27.6% | -5.4% |
| 2021 | -31.5% | -36.8% | +16.9% |
| 2020 | -17.4% | +16.6% | -5.5% |
| 2019 | -49.1% | -5.9% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Schools Foundation with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Propel Schools Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $711K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Propel Schools Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to executives from the foundation's funds, which is highly favorable for donor trust and resource allocation.
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.
Strengths
The following positive indicators were identified for Propel Schools Foundation:
- 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.
Frequently Asked Questions about Propel Schools Foundation
Is Propel Schools Foundation a legitimate charity?
Propel Schools Foundation (EIN: 201100962) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $744K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Propel Schools Foundation spend its money?
Propel Schools Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Propel Schools Foundation tax-deductible?
Propel Schools Foundation is registered as a tax-exempt nonprofit (EIN: 201100962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Propel Schools Foundation's spending goes to programs?
Propel Schools Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Propel Schools Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Propel Schools Foundation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Propel Schools Foundation located?
Propel Schools Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 201100962. It is classified under NTEE code B11.
How many years of IRS 990 filings does Propel Schools Foundation have?
Propel Schools Foundation 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 $744K in total revenue.
Is Propel Schools Foundation financially stable?
Yes, Propel Schools Foundation appears financially stable, with assets consistently over $10 million since 2014, reaching $16,113,685 in 202306, and relatively low liabilities compared to assets.
Does Propel Schools Foundation pay its officers?
No, all available IRS 990 filings for Propel Schools Foundation report 0% officer compensation, indicating no salaries are paid to executives.
How has Propel Schools Foundation's revenue trended?
Propel Schools Foundation's revenue has fluctuated significantly, ranging from $887,357 in 202106 to $3,083,519 in 201806, demonstrating variability in its funding streams.
Are the organization's liabilities a concern?
No, the organization's liabilities, such as $191,790 in 202306, are consistently low relative to its substantial assets ($16,113,685), suggesting good financial health.
Filing History
IRS 990 filing history for Propel Schools Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Propel Schools Foundation's revenue has grown by 67.2%, moving from $1.2M to $2.1M. Total assets increased by 135% over the same period, from $6.9M to $16.1M. Total functional expenses rose by 140.6%, from $569K to $1.4M. In its most recent filing year (2023), Propel Schools Foundation reported a surplus of $711K, with revenue exceeding expenses. The organization holds $192K in liabilities against $16.1M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $15.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.4M | $16.1M | $192K | — | View 990 |
| 2022 | $2.7M | $1.0M | $14.4M | $143K | — | View 990 |
| 2021 | $887K | $1.4M | $15.2M | $188K | — | — |
| 2020 | $1.3M | $2.3M | $13.0M | $379K | — | View 990 |
| 2019 | $1.6M | $1.9M | $13.7M | $423K | — | View 990 |
| 2018 | $3.1M | $2.1M | $13.6M | $322K | — | View 990 |
| 2017 | $2.4M | $2.1M | $12.0M | $296K | — | View 990 |
| 2016 | $1.5M | $1.6M | $10.8M | $251K | — | View 990 |
| 2015 | $2.6M | $1.3M | $10.9M | $59K | — | View 990 |
| 2014 | $1.8M | $1.5M | $10.1M | $590K | — | View 990 |
| 2013 | $1.7M | $1.2M | $9.1M | $475K | — | View 990 |
| 2012 | $2.0M | $766K | $8.0M | $115K | — | View 990 |
| 2011 | $1.2M | $569K | $6.9M | $248K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.4M, and assets of $16.1M (revenue -22.8% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.0M, and assets of $14.4M (revenue +203.5% year-over-year).
- 2021: Revenue of $887K, expenses of $1.4M, and assets of $15.2M (revenue -31.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $2.3M, and assets of $13.0M (revenue -17.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.9M, and assets of $13.7M (revenue -49.1% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.1M, and assets of $13.6M (revenue +28.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.1M, and assets of $12.0M (revenue +65.4% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $10.8M (revenue -44.9% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.3M, and assets of $10.9M (revenue +50.8% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $10.1M (revenue +1.9% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.2M, and assets of $9.1M (revenue -16.0% year-over-year).
- 2012: Revenue of $2.0M, expenses of $766K, and assets of $8.0M (revenue +64.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $569K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Propel Schools Foundation:
Data Sources and Methodology
This transparency report for Propel Schools Foundation 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.