Propel Foundation Inc
- Assets
- $8.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 05/2015
- Data as of
- 12/2021
- 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 12/2021, Propel Foundation Inc generated $50.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $46.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 4 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
2021
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 | |
Jalissa King Vice President | 1 | $0 | |
Hilary Sadowsky Director | 1 | $0 | |
Jeff Sittner Director | 1 | $0 | |
Mallory Johnson President | 1 | $0 | |
Berta Woolard Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,892 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $707 |
| Total Revenue | $50,599 |
| 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 | $43 |
| Occupancy, rent, utilities, and maintenance | $273 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,486 |
| Total expenses | $46,802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,606 |
| Other assets | $0 |
| Total assets | $8,606 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,606 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Propel Foundation Inc has recieved totaling $15,052.
| Awarding Organization | Amount |
|---|---|
Rancho Santa Fe Foundation Rancho Santa Fe, CA PURPOSE: EDUCATION | $15,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $30 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |
Compass For Lifelong Discovery Carbondale, CO | $15,833,149 | $4,673,711 |
Northeast Community College Foundation Norfolk, NE | $33,653,579 | $4,360,839 |
Learning Tree Institute At Greenbush Girard, KS | $7,446,968 | $2,509,261 |
Boosters For Families Arvada, CO | $460,573 | $3,014,230 |