Propel Inc

Organization Overview

Propel Inc is located in Deerfield Beach, FL. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Propel Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Propel Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Propel Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 21.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO FOSTER THE LEADERSHIP POTENTIAL, ACADEMIC AND CAREER SUCCESS, AND HEALTHY LIVING CHOICES OF YOUTH (AGES 10-24) AT-RISK OF OR ALREADY ON THE FRINGES OF THE JUSTICE SYSTEM LIVING IN THE SOUTH PALM BEACH COUNTY AREA BY PROVIDING AFTER-SCHOOL PROGRAMMING, COMMUNITY INVOLVEMENT AND ENRICHMENT ACTIVITIES, SUMMER CAMP OPPORTUNITIES, JOB PLACEMENT SUPPORT AND COLLEGE SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROPEL ACTS AS A CATALYST FOR SUSTAINED POSITIVE CHANGE IN THE LIVES OF FAMILIES AND COMMUNITIES BY ESTABLISHING COLLABORATIVE PARTNERSHIPS WITH COMMUNITY ORGANIZATIONS, BUSINESSES, SERVICE PROVIDERS, AND GOVERNMENT AGENCIES. PROPEL STRENGTHENS AND STABILIZES THE FUNCTIONING OF THOSE UNDERSERVED THROUGH A VARIETY OF MULTIFACETED SERVICES, SUCH AS LITERACY, FINANCIAL LITERACY, MENTORSHIP, TUTORING, NOURISHMENT, AND APPRENTICESHIP, WITH AN END GOAL FOR THE STUDENTS TO OBTAIN HIGHER EDUCATION AND/OR A SKILLED TRADE IN HOPE OF BREAKING CYCLES OF POVERTY. THIS IS ACCOMPLISHED BY DEVELOPING INNOVATIVE STRATEGIES AND INTERVENTIONS THAT RESPOND TO THE IDENTIFIED NEEDS OF INDIVIDUALS WITHIN A TARGETED COMMUNITY. PROPEL INSTILLS THE SENSE OF RESPONSIBILITY FOR ONE'S ACTIONS, INDOCTRINATES SELF-DISCIPLINE BASED ON HARD WORK, PROMOTES EMPOWERMENT AMONG YOUTH, FAMILIES, AND COMMUNITIES AND UTILIZES THE VARIED EXPERIENCE AND EXPERTISE OF INDIVIDUALS DEMONSTRATING KNOWLEDGE IN VARIOUS SUPPORTIVE SERVICES BEING OFFERED IN ADDITION TO ASSESSING INDIVIDUAL GOALS AND ASSISTING THEM IN BEING ACHIEVED.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Marchitello
Vice Chair
$0
Marta Batmasian
Secretary/tr
$0
Gregg Francis
Chair
$120,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,990,443
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,990,443
Total Program Service Revenue$13,403
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $328,277
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,332,123

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