Propel Foundation Inc
- Assets
- $6.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-2709599
Organization Overview
Propel Foundation Inc is located in Lawrence, KS. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Propel Foundation 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 12/2022, Propel Foundation Inc generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $62.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
UGANDA PROGRAM ACTIVITIES INCLUDE TEACHER TRAINING, LEADERSHIP TRAINING, NUTRITION PROGRAMS FOR CHILDREN AND ELDERLY, SPORTS CAMPS, SCHOOL SUPPORT AND HEALTH/HYGIENE EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mickey Woolard Executive Dir. | 40 | $0 | |
Harriet Maame Esi Browne Director | 1 | $0 | |
Mallory Johnson President | 1 | $0 | |
Trey Meyer Treasurer | 1 | $0 | |
Berta Woolard Secretary | 1 | $0 | |
Jeff Sittner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,076 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $355 |
| Total Revenue | $60,431 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,300 |
| Occupancy, rent, utilities, and maintenance | $705 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,728 |
| Total expenses | $62,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,304 |
| Other assets | $0 |
| Total assets | $6,304 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,304 |