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PROPEL NONPROFITS

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Public nonprofit record

PROPEL NONPROFITS

EIN 41-1916337 · Single Organization Support (T11)

What they do

THE MISSION of PROPEL NONPROFITS is to FUEL THE IMPACT and EFFECTIVENESS of NONPROFITS WITH GUIDANCE, EXPERTISE, and CAPITAL. PROPEL NONPROFITS PROVIDES LOANS to NONPROFITS for FACILITIES and WORKING CAPITAL. WE TRAIN NONPROFIT STAFF and BOARDS to UNDERSTAND and BUILD FINANCIAL HEALTH, CLEAR STRATEGY, and STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, and INSIGHT for NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, and SUSTAINABILITY. WE CONSULT and GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE and FINANCIAL PLANS, STRATEGIC ALLIANCES, and GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES and FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP and SUPPORT for EMERGING ORGANIZATIONS and COLLABORATIONS.

Money

Financial picture

Tax year 2024
Revenue$23,001,187
Expenses$12,567,668
Assets$61,665,697
Income$23,001,187
Contributions$19,372,476
Grants given$34,924,630
Average grant$48,574
Management$1,352,420
Executive compensation$505,223
Accounting fees$34,323

About this charity

Recognized since
January 2017
Location
1 SE MAIN STREET 600, MINNEAPOLIS, MN 55414
County
Hennepin
In care of
HENRY JIMENEZ
Primary officer
HENRY JIMENEZ, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
April 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Single Organization Support (T11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
602000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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