2023-02-13T07:38:00-06:00 2022-03-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2021-04-01 411916337 PROPEL NONPROFITS PROP 6122496700 1 SE MAIN STREET 600 MINNEAPOLIS MN 55414 KATE BARR PRESIDENT 6122496700 2023-02-10 1 KATE BARR 999009999 DEIRDRE HODGSON P01484710 6123764500 2023-02-10 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z KATE BARR 1 SE MAIN STREET 600 MINNEAPOLIS MN 55414 14478230 0 X WWW.PROPELNONPROFITS.ORG X 1998 MN TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. 15 15 37 30 0 0 6246500 12415603 2082787 2042057 15487 20570 0 0 8344774 14478230 3194746 4414679 0 0 2943971 3037307 0 0 221786 1335596 1555525 7474313 9007511 870461 5470719 40479076 49559623 24726035 28333338 15753041 21226285 X 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. 0 0 2268465 977918 1475275 LENDING: AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY, PROPEL NONPROFITS MAKES LOANS TO NONPROFIT ORGANIZATIONS TO EXPAND PROGRAMS AND SERVICES, BRIDGE CASH FLOW GAPS, CONSOLIDATE DEBT, AND MAKE CAPITAL IMPROVEMENTS. WE BELIEVE THAT ACCESS TO CAPITAL IS ESSENTIAL TO THE GROWTH AND STABILITY OF THE NONPROFIT SECTOR. PROPEL NONPROFITS MAKES LOANS TO NONPROFITS OF ALL SIZES AND STAGES OF DEVELOPMENT, MANY OF WHICH HAVE BEEN HISTORICALLY UNDER-SERVED BY TRADITIONAL MARKETS. LOANS ARE AS LARGE AS $1 MILLION AND AS SMALL AS $5,000. OVERALL, WE MADE 71 NEW LOANS IN FY2022 TOTALING $18,690,025. OUR LENDING IMPACTED ORGANIZATIONS WORKING IN HEALTH CARE, HUMAN SERVICES, ARTS AND HUMANITIES, CHARTER SCHOOLS, COMMUNITY DEVELOPMENT, AFFORDABLE HOUSING, AND OTHERS AS WELL. BY PARTNERING WITH OTHER CAPITAL PROVIDERS, WE ALSO LEVERAGED ADDITIONAL FUNDS OF $ 41.2 MILLION INTO THE COMMUNITY. PROPEL DEVELOPED A RECOVERY CAPITAL LOAN IN RESPONSE TO THE DISRUPTION IN OUR MARKET DUE TO COVID. THIS PRODUCT PROVIDES FINANCING AND CAPACITY BUILDING SUPPORT TO NONPROFITS THAT SERVE AND STRENGTHEN LOW INCOME PEOPLE, FAMILIES, AND MARGINALIZED MINORITY COMMUNITIES, AND REVITALIZES NEIGHBORHOODS THAT HAVE LACKED INVESTMENT AND ACCESS TO CAPITAL. THESE LOANS PROVIDE CRITICAL FLEXIBLE AND PATIENT WORKING CAPITAL LOANS FOR THOSE RECOVERING FROM THE IMPACTS OF COVID. 2659411 1662288 143596 TRAINING, CAPACITY BUILDING, AND KNOWLEDGE SHARING: PROPEL NONPROFITS PROVIDES ONGOING TRAINING, AND TECHNICAL ASSISTANCE ON TOPICS RANGING FROM FINANCIAL MANAGEMENT, ACCOUNTING, GOVERNANCE, NONPROFIT BUSINESS MODELS, AND SOCIAL ENTERPRISE. IN FY22 PROPELS PROGRAM DELIVERY CONTINUED TO BE MOSTLY VIRTUAL AS A RESULT OF COVID-19. PROPEL PRESENTED A TOTAL OF 132 TRAININGS TO 5,993 PARTICIPANTS IN FY22 AND HELD 14 LEADERS CIRCLES AND 4 FINANCIAL LEADERSHIP COHORTS WITH A COMBINED TOTAL OF 141 PARTICIPANTS. FY22 WAS THE SECOND YEAR OF A 2-YEAR CAPACITY BUILDING INITIATIVE (CBI) FOR FAMILY ENGAGEMENT WITH 12 NONPROFIT AND/OR FISCALLY SPONSORED ORGANIZATIONS IN A PARTICIPANT-DRIVEN CAPACITY BUILDING MODEL TO EMPOWER FAMILIES IN K12 EDUCATIONAL SYSTEMS. PROPEL, WITH FUNDS APPROPRIATED BY THE MINNESOTA STATE LEGISLATURE THROUGH THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED), LAUNCHED THE THIRD ROUND OF THE NONPROFIT INFRASTRUCTURE GRANT PROGRAM AIMED AT SUPPORTING THE MISSIONS OF 40 SMALL, CULTURALLY LED ORGANIZATIONS BY STRENGTHENING THEIR INFRASTRUCTURES. ALSO IN FY22, PROPEL DEVELOPED A NEW INITIATIVE, SEEDING CULTURAL TREASURES, DESIGNED TO NOURISH AND CULTIVATE THE LANDSCAPE OF EMERGING ARTS AND CULTURE ORGANIZATIONS RUN BY AND FOR BLACK, INDIGENOUS, AND OTHER PEOPLE OF COLOR. 2002807 1774473 104266 FISCAL SPONSORSHIP: PROPEL NONPROFITS ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT YET ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS, MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. PROPEL NONPROFITS IN TURN GRANTS THESE FUNDS TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO SATISFY THE PURPOSE OF THE CONTRIBUTION AS DIRECTED BY ITS DONOR. ONCE THE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THESE FUNDS ON ITS OWN OR ENTER INTO AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. ALONG WITH THE FISCAL MANAGEMENT OPTION, PROPEL PROVIDES EXTENSIVE TECHNICAL ASSISTANCE ON TOPICS SUCH AS FINANCIAL LEADERSHIP, BOARD GOVERNANCE, NONPROFIT BUSINESS MODELS, AND STRATEGIC PLANNING. 776721 0 318920 STRATEGIC SERVICES AND ACCOUNTING AND FINANCE CONSULTING: PROPEL NONPROFITS PROVIDES A WIDE RANGE OF INTEGRATED PROGRAMS AND SERVICES FOR NONPROFIT ORGANIZATIONS. PROPEL NONPROFITS IS A MUTUAL PARTNER THAT ASSISTS NONPROFITS IN ALIGNING THEIR VISION, GETTING THE NONPROFITS BOARDS AND LEADERSHIP TEAMS ON THE SAME PAGE, PROVIDING TOOLS FOR BETTER ORGANIZATIONAL COMMUNICATION, AND HELPING TO EQUIP NONPROFITS WITH THE TOOLS TO BE MORE EFFECTIVE IN REACHING THEIR MISSION. THE TOOLS THAT PROPEL NONPROFITS OFFERS THROUGH ITS STRATEGIC SERVICES PROGRAM ARE STRATEGIC PLANNING, ORGANIZATIONAL DEVELOPMENT, BOARD DEVELOPMENT, AND LEADERSHIP TRANSITION CONSULTING. PROPEL NONPROFITS ACCOUNTING & FINANCE PROGRAM OFFERS ACCOUNTING AND FINANCIAL MANAGEMENT SERVICES ALONG WITH CUSTOMIZED TECHNICAL ASSISTANCE WHICH HELPS ORGANIZATIONS UNDERSTAND THEIR FINANCIAL SITUATION, IDENTIFY PRIORITIES, AND DEVELOP A PLAN OF ACTION FOR THE NEAR AND LONG-TERM FUTURE. 776721 0 318920 7707404 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 37 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X ELLIE O'BRIEN 6122496665 1 SE MAIN STREET 600 MINNEAPOLIS MN 55414 SEAN KERSHAW CHAIR 4.00 X X 0 0 0 SARAH CLYNE VICE CHAIR 3.00 X X 0 0 0 DAVID MITCHELL TREASURER 3.00 X X 0 0 0 PAUL BABCOCK SECRETARY 3.00 X X 0 0 0 JEAN ADAMS BOARD MEMBER 2.00 X 0 0 0 HEIDI CHRISTIANSON BOARD MEMBER 2.00 X 0 0 0 COURTNEY COLBY BOARD MEMBER 2.00 X 0 0 0 BRAD KRUSE BOARD MEMBER 2.00 X 0 0 0 SCOTT MARQUARDT BOARD MEMBER 2.00 X 0 0 0 SONY MALHOTRA BOARD MEMBER 2.00 X 0 0 0 PATTY PANNKUK BOARD MEMBER 2.00 X 0 0 0 GARY TAVERNA BOARD MEMBER 2.00 X 0 0 0 BO THAO-URABE BOARD MEMBER 2.00 X 0 0 0 DIANE TRAN BOARD MEMBER 2.00 X 0 0 0 MARCUS OWENS BOARD MEMBER 2.00 X 0 0 0 ELIZABETH TOPOLUK BOARD MEMBER 2.00 X 0 0 0 KATE BARR PRESIDENT AND CEO 40.00 X 176771 0 23413 KEVEN AMBRUS VICE PRESIDENT OF FINANCE AND CFO 40.00 X 115364 0 31526 GLYN NORTHINGTON SENIOR PROGRAM DIRECTOR 40.00 X 103493 0 19382 395628 0 74321 3 0 1 0 0 2648493 9767110 12415603 LOAN INTEREST REVENUE 522200 1376524 1376524 CLIENT FEE AND CONTRAC 541900 443030 443030 WORKSHOP AND TRAINING 522200 123455 123455 LOAN FEE REVENUE 522200 97500 97500 1548 1548 2042057 20570 20570 14478230 2042057 0 20570 4414679 4414679 389856 233914 152044 3898 2034030 1408125 492159 133746 101336 70158 24512 6666 342225 235739 84694 21792 169860 115391 44630 9839 20551 20551 17377 11333 5442 602 31526 31526 299814 219361 68312 12141 17730 13277 3015 1438 70075 36129 32400 1546 138379 101614 29037 7728 205379 145394 47477 12508 1730 1580 136 14 9019 7058 1886 75 519389 519389 161201 119289 33852 8060 28340 20063 6551 1726 LENDING EXPENSES 31364 31364 FILING EXPENSES 3651 3547 97 7 9007511 7707404 1078321 221786 12861436 8093976 1387637 10851617 977582 799217 172900 868136 23487319 27424647 103259 144636 1441236 887401 667909 553835 821034 823559 40479076 49559623 942963 1035101 561750 416302 690659 581906 22530663 25403779 0 896250 24726035 28333338 X 12321637 13260860 3431404 7965425 15753041 21226285 40479076 49559623 5470719 2525 0 X 0 1 X 1 1 1 X 3719704 5598397 5703358 6246500 12415603 33683562 3719704 5598397 5703358 6246500 12415603 33683562 9094449 24589113 21032 25344 80433 15487 20570 162866 33846428 11602676 0.72650 0.83640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 605476 264346 341130 825256 618551 206705 10504 4504 6000 553835 LOAN FORGIVENESS 896250 896250 X 14480755 2525 2525 14478230 0 14478230 9007511 0 9007511 0 9007511 PART IV, LINE 2B: THE COMBINED ORGANIZATION ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL NONPROFITS ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. IF THE CLIENT CHOOSES TO HAVE PROPEL NONPROFITS ADMINISTER ITS FUNDS, THOSE FUNDS BECOME A LIABILITY OF PROPEL NONPROFITS AND ARE RECORDED AS SUCH FOR ACCOUNTING PURPOSES. THE ARRANGEMENT INCLUDES PROPEL NONPROFITS HOLDING THE CLIENT'S FUNDS IN A CUSTODIAL ACCOUNT, PROVIDING BOOKKEEPING AND ACCOUNTING SERVICES, AND ASSISTING IN OTHER ADMINISTRATIVE DUTIES RELATED TO THOSE FUNDS. IN THIS ARRANGEMENT, THE MANAGEMENT OF THE FISCALLY-SPONSORED CLIENT DIRECTS THE USE OF THE FUNDS. PROPEL NONPROFITS SIMPLY EXECUTES THE MECHANICS OF THE TRANSACTIONS. PART X, LINE 2: PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. 0 PANGEA WORLD THEATRE 711 WEST LAKE STREET SUITE 101 MINNEAPOLIS MN 55408 411854164 501(C)(3) 47475 0 FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION HARAMBEE SPORTS CLUB 2432 30TH AVE S MINNEAPOLIS MN 554061446 844396737 501(C)(3) 5782 0 FISCAL SPONSORSHIP MARKET ENTRY FUND 1136 GRAND AVE STE 300 SAINT PAUL MN 551052628 834587871 45000 0 FISCAL SPONSORSHIP LEECH LAKE FINANCIAL SERVICES 113 SPRUCE AVENUE NORTHEAST CASS LAKE MN 56633 462579700 501(C)(3) 7063 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM MINNEAPOLIS FOUNDATION 80 S 8TH ST MINNEAPOLIS MN 554022100 416029402 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM REVIVING THE ISLAMIC SISTERHOOD FOR EMPOWERMENT 1007 W BROADWAY AVE MINNEAPOLIS MN 554112503 811236990 501(C)(3) 27170 0 SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS TRANSMISSION MINISTRY COLLECTIVE 2124 COMO AVE APT 303 SAINT PAUL MN 551081803 844915474 61445 0 FISCAL SPONSORSHIP SOLUTIONS NOT SUSPENSIONS COALITION 1611 PARK AVE MINNEAPOLIS MN 554043793 832238254 11250 0 FISCAL SPONSORSHIP CURA FOUNDATION 13350 TIMBER CREST DR MAPLE GROVE MN 553113332 854263441 501(C)(3) 13953 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM LOWER PHALEN CREEK PROJECT #4496 60 PLATO BLVD E STE 400 SAINT PAUL MN 55106 275469929 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS 360 IMPACT 218 7TH ST E SAINT PAUL MN 551012366 862543829 228000 0 FISCAL SPONSORSHIP INDIGENOUS ROOTS 788 7TH ST E SAINT PAUL MN 551065015 474492457 501(C)(3) 26734 0 SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS MANIDOO OGITIGAAN 102 1ST ST W STE 110 BEMIDJI MN 566014695 824771865 501(C)(3) 14161 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM MINNESOTA IBPOC IN EVALUATION COMMUNITY OF PRAXIS 808 BERRY ST APT 247 SAINT PAUL MN 551141076 863264393 18494 0 FISCAL SPONSORSHIP STORYARK 640 MAIN ST N APT 34 STILLWATER MN 550823931 813780329 501(C)(3) 5851 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM CULTURAL DIVERSITY RESOURCES 112 UNIVERSITY DR N STE 306 FARGO ND 581024661 411896836 501(C)(3) 7376 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM NORTHEAST SCULPTURE GALLERY FACTORY 1720 NE MADISON ST 14 MINNEAPOLIS MN 55413 832858954 501(C)(3) 7500 0 SEEDING CULTURAL TREASURES PROGRAM BRIDGEMAKERS C/O IMPACTHUB SUITE 200 825 WASHINGTON AVE SE MINNEAPOLIS MN 55414 854214217 331946 0 FISCAL SPONSORSHIP VOICES FOR RACIAL JUSTICE 2525 E FRANKLIN AVE STE 301 MINNEAPOLIS MN 554061198 411750116 501(C)(3) 135000 0 FAMILY ENGAGEMENT PROGRAM WAYSIDE HOUSE INC #4518 7401 METRO BLVD STE 200 EDINA MN 554393030 410873104 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS MINNESOTA EDUCATION EQUITY PARTNERSHIP 2233 UNIVERSITY AVE W STE 220 SAINT PAUL MN 551141698 411699505 501(C)(3) 160000 0 FAMILY ENGAGEMENT PROGRAM KA JOOG #3986 419 CEDAR AVE S PMB 257 MINNEAPOLIS MN 554541032 392073475 501(C)(3) 10000 0 EQUITY BUILDER FORGIVENESS THE NETWORK FOR BETTER FUTURES #4549 813 N 5TH ST MINNEAPOLIS MN 554011135 450550557 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS MINNESOTA PARENT UNION 2288 UNIVERSITY AVE W SAINT PAUL MN 551149938 844704645 501(C)(3) 137500 0 FAMILY ENGAGEMENT PROGRAM CENTER FOR COACHING IN ORGANIZATIONS 1995 JERROLD AVE ARDEN HILLS MN 551127907 853672864 501(C)(3) 5996 0 FISCAL SPONSORSHIP THE CEDAR CULTURAL CENTER #3961 416 CEDAR AVE S MINNEAPOLIS MN 554541033 411669156 501(C)(3) 10000 0 EQUITY BUILDER FORGIVENESS SOMALI SUCCESS SCHOOL 2812 E 26TH ST MINNEAPOLIS MN 554061303 203021208 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM MEMORIALIZE THE MOVEMENT 1 SE MAIN ST STE 600 MINNEAPOLIS MN 554141036 863217004 68469 0 FISCAL SPONSORSHIP CHANGE INC #4574 381 ROBIE ST E SAINT PAUL MN 551072415 410906127 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS STELLER KINDNESS PROJECT 945 BROADWAY ST NE MINNEAPOLIS MN 554131471 842681106 10359 0 FISCAL SPONSORSHIP CENTER FOR LEADERSHIP AND NEIGHBORHOOD ENGAGEMENT 4150 DUPONT AVE N MINNEAPOLIS MN 554121615 851027484 501(C)(3) 9914 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM CITY OF LAKES COMMUNITY LAND TRUST #4541 1930 GLENWOOD AVE MINNEAPOLIS MN 554051248 061665031 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS SWEET POTATO COMFORT PIE 8014 HIGHWAY 55 464 GOLDEN VALLEY MN 554274712 844657505 501(C)(3) 13575 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM FOSTER ADVOCATES #4539 2233 UNIVERSITY AVE W STE 235 SAINT PAUL MN 551141629 825411160 501(C)(3) 37500 0 RECOVERY CAPITAL LOAN FORGIVENESS PENUMBRA THEATRE COMPANY 270 KENT ST SAINT PAUL MN 551021744 411563764 501(C)(3) 73850 0 FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION SISTERS NEED A PLACE PO BOX 11358 MINNEAPOLIS MN 554110358 571188655 501(C)(3) 9900 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM ASSOCIATION FOR BLACK ECONOMIC POWER 227 COLFAX AVE N STE 230 MINNEAPOLIS MN 554051414 815486146 501(C)(3) 14123 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM 30000 FEET 2355 MN-36 ROSEVILLE MN 55113 473224688 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM YOUTH LEADERSHIP INITIATIVE 5500 38TH AVE S MINNEAPOLIS MN 554172107 861711656 501(C)(3) 198596 0 FISCAL SPONSORSHIP ALONGSIDE NETWORK 4817 ELLIOT AVE MINNEAPOLIS MN 554171137 871703441 501(C)(3) 48449 0 FISCAL SPONSORSHIP ZAMYA THEATER PROJECT 3501 CHICAGO AVE MINNEAPOLIS MN 554072109 832374869 501(C)(3) 6978 0 FISCAL SPONSORSHIP FAMILY VALUES FOR LIFE 1280 ARCADE ST SAINT PAUL MN 551062067 412006889 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM BROWNBODY 434 VADNAIS LAKE DRIVE VADNAIS HEIGHTS MN 55127 462759548 501(C)(3) 17133 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM TEATRO DEL PUEBLO 209 PAGE ST W SAINT PAUL MN 551073457 411739320 501(C)(3) 47475 0 FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION URBAN BIRD COLLECTIVE 122 WINIFRED ST W SAINT PAUL MN 551072142 843935254 501(C)(3) 11673 0 FISCAL SPONSORSHIP LORING COLLECTIVE 1516 W LAKE ST STE 105 MINNEAPOLIS MN 554086600 844233302 15314 0 FISCAL SPONSORSHIP TUSAALO 2817 ANTHONY LN S STE 105 MINNEAPOLIS MN 554182489 844923561 501(C)(3) 5884 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM AMERICAN INDIAN COMMUNITY HOUSING ORG #4533 202 W 2ND ST DULUTH MN 558021934 411782394 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS THE GOOD ACRE #4471 1790 LARPENTEUR AVE W FALCON HEIGHTS MN 551135736 471663334 501(C)(3) 21250 0 RECOVERY CAPITAL LOAN FORGIVENESS PARK SQUARE #3985 408 SAINT PETER ST STE 110 SAINT PAUL MN 551021121 411280683 501(C)(3) 21667 0 EQUITY BUILDER FORGIVENESS COUNCIL ON AMERICAN-ISLAMIC RELATIONS MINNESOTA 2511 E FRANKLIN AVE STE 100 MINNEAPOLIS MN 554061028 450553731 501(C)(3) 20064 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM NEW NATIVE THEATRE PO 40118 SAINT PAUL MN 55104 273901099 501(C)(3) 47475 0 FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION HEART OF THE BEAST #3917 1500 E LAKE ST MINNEAPOLIS MN 554071720 411251313 501(C)(3) 13333 0 EQUITY BUILDER FORGIVENESS AMERICAN INDIAN FAMILY CENTER 579 WELLS ST SAINT PAUL MN 551304134 411841352 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM SOMALI YOUTH AND FAMILY DEVELOPMENT CENTER 2400 PARK AVE MINNEAPOLIS MN 554043713 264646941 501(C)(3) 8535 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM MEWINZHA ONDAADIZIIKE WIIGAMING 802 PAUL BUNYAN DR S STE 13 BEMIDJI MN 566013204 462523191 501(C)(3) 7169 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM SPRINGBOARD FOR THE ARTS 308 PRINCE ST STE 270 SAINT PAUL MN 551011437 411690483 501(C)(3) 15651 0 SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS HMONG MUSEUM OF MINNESOTA 941 LAFOND AVENUE SAINT PAUL MN 55104 471620897 501(C)(3) 14631 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM COALITION OF ASIAN AMERICAN LEADERS 941 LAFOND AVE STE 205 SAINT PAUL MN 551042110 810874603 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM NEW AMERICANS ALLIANCE FOR DEVELOPMENT 1821 UNIVERSITY AVE W STE 328 SAINT PAUL MN 551042881 571139418 501(C)(3) 73293 0 FISCAL SPONSORSHIP WE WIN INSTITUTE INC 3424 PORTLAND AVE MINNEAPOLIS MN 55407 411820991 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM FROGTOWN GREEN 843 VAN BUREN AVE SAINT PAUL MN 551041665 710969337 13095 0 FISCAL SPONSORSHIP SKYLINE MATH & SCIENCE ACADEMY #4532 2600 26TH AVE S MINNEAPOLIS MN 554064526 811842731 501(C)(3) 25000 0 RECOVERY CAPITAL LOAN FORGIVENESS TU DANCE #3992 PO BOX 40405 SAINT PAUL MN 551048405 202534129 501(C)(3) 10000 0 EQUITY BUILDER FORGIVENESS TEATRO DEL PUEBLO 209 PAGE ST W SAINT PAUL MN 551073457 411739320 501(C)(3) 19973 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM HMONG EARLY CHILDHOOD COALITION 724 BIELENBERG DR 6 WOODBURY MN 551252620 831217023 501(C)(3) 126769 0 FISCAL SPONSORSHIP WALKER WEST MUSIC ACADEMY #4491 760 SELBY AVE SAINT PAUL MN 551046618 411678368 501(C)(3) 25000 0 RECOVERY CAPITAL LOAN FORGIVENESS NORTHFIELD SPLASHPAD 2651 OAK LAWN DR NORTHFIELD MN 550573443 844401107 15411 0 FISCAL SPONSORSHIP COMMUNITY INTEGRATION CENTER 201 5TH ST SW WILLMAR MN 562013211 822096014 501(C)(3) 23133 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM THEATER MU INC 755 PRIOR AVE N STE 107 SAINT PAUL MN 551041069 411727881 501(C)(3) 47475 0 FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION SOMALI AMERICAN PARENT ASSOCIATION 1821 UNIVERSITY AVE ST PAUL MN 55104 263120451 501(C)(3) 92500 0 FAMILY ENGAGEMENT PROGRAM COMMUNITY PARTNERSHIP COLLABORATIVE 20 3210 OLIVER AVE N MINNEAPOLIS MN 554122316 820652224 501(C)(3) 12109 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM LOVELY'S SEWING & ARTS COLLECTIVE 121 WASHINGTON AVE N MINNEAPOLIS MN 554012503 475656989 501(C)(3) 15387 0 NONPROFIT INFRASTRUCTURE GRANT PROGRAM TUBMAN #4534 4432 CHICAGO AVE MINNEAPOLIS MN 554073519 411240048 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS MODEL CITIES OF ST PAUL #4499 839 UNIVERSITY AVE W SAINT PAUL MN 551042671 411687873 501(C)(3) 37500 0 RECOVERY CAPITAL LOAN FORGIVENESS MINNESOTA AUTISTIC ALLIANCE 1056 WINSLOW AVE SAINT PAUL MN 551181344 861998598 501(C)(3) 25189 0 FISCAL SPONSORSHIP IMMIGRANT LAW CENTER OF MINNESOTA #4537 450 N SYNDICATE ST SUITE 200 SAINT PAUL MN 55104 410909036 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS FAMILY TREE INC #4495 1919 NICOLLET AVE MINNEAPOLIS MN 554033747 237133742 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS ST PAUL NEIGHBORHOOD NETWORK #3987 550 VANDALIA ST STE 170 SAINT PAUL MN 551142019 411500773 501(C)(3) 10000 0 EQUITY BUILDER FORGIVENESS POLLEN MIDWEST #4551 PO BOX 18027 MINNEAPOLIS MN 55418 463868459 501(C)(3) 75000 0 RECOVERY CAPITAL LOAN FORGIVENESS THE CREW URBAN YOUTH EQUESTRIANS 1325 MACARTHUR AVE WEST ST PAUL MN 551182534 854143091 501(C)(3) 32362 0 FISCAL SPONSORSHIP FOOD FOR THE PEOPLE 3441 ALDRICH AVE S APT 2 MINNEAPOLIS MN 554084143 874645309 13483 0 FISCAL SPONSORSHIP AYADA LEADS 615 1ST AVE NE SUITE 500 MINNEAPOLIS MN 55413 474294816 501(C)(3) 162500 0 FAMILY ENGAGEMENT GRANT 71 12 PART I, LINE 2: GRANTS ARE MADE TO CLIENT PARTICIPANTS IN OUR SOCIAL ENTERPRISE COHORT, EQUITY BUILDER LOAN PROGRAM, FISCAL SPONSORSHIP PROGRAM, AND NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP). IN ALL FOUR OF THESE PROGRAMS, CLIENTS MUST APPLY AND ARE VETTED FOR FIT AND PROBABLE SUCCESS. FOR CLIENTS THAT ARE GRANTEES IN THE SOCIAL ENTERPRISE COHORT AND EQUITY BUILDER LOAN PROGRAM, THE GRANTEE MUST BE ACTIVELY PARTICIPATING IN THE PROGRAM, ATTENDING REQUIRED MEETINGS AND TRAININGS, AND MEETING MINIMUM PROGRAMMATIC AND FINANCIAL THRESHOLDS. OUR PROGRAM STAFF ARE IN CONSTANT CONTACT WITH THE CLIENT PARTICIPANTS AND MONITOR THEIR PROGRESS. EACH APPLICANT TO THE FISCAL SPONSORSHIP PROGRAM APPLIES AND IS VETTED BY A COMMITTEE OF BOARD, STAFF, AND COMMUNITY MEMBERS. ONCE ACCEPTED AS A FISCALLY SPONSORED CLIENT, MOST OF THESE CLIENTS HAVE ENGAGED PROPEL NONPROFITS TO PROVIDE ONGOING PROGRAM AND ACCOUNTING SUPPORT. GRANTEES OF THE NIGP APPLIED TO AND WERE ACCEPTED BY A COMMITTEE OF COMMUNITY REPRESENTATIVES. FOR BOTH THE FISCAL SPONSORSHIP PROGRAM AND THE NIGP, GRANTEES ARE CONSTANTLY MONITORED AND SUPPORTED. PROGRAM ACTIVITIES INCLUDE A WIDE VARIETY OF OFFERINGS, INCLUDING THE FOLLOWING: SUPPORT FOR ORGANIZATIONAL REQUIREMENTS DURING ONBOARDING; ACCESS TO NO COST OR DISCOUNTED TRAINING; GUIDANCE ON FINANCIAL MANAGEMENT, GOVERNANCE, AND STRATEGY; NO COST OR DISCOUNTED CONSULTING SERVICES; INVITATIONS TO PARTICIPATE IN PEER LEARNING; AND ADDITIONAL TECHNICAL ASSISTANCE PROVIDED BY PROPEL NONPROFITS STAFF. X X X X 0 0 0 0 0 0 0 0 0 KATE BARR PRESIDENT AND CEO 176771 0 0 0 0 0 8839 0 14574 0 200184 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS. THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE PRESIDENT/CEO. THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE PROPEL NONPROFITS CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. EACH STAFF MEMBER IS REQUIRED TO DISCLOSE ANY DUALITIES OF INTEREST IN WRITING. NEW EMPLOYEES AND BOARD MEMBERS REVIEW THE POLICY AND DISCLOSE ANY DUALITIES OF INTEREST UPON FIRST JOINING THE STAFF OR BOARD. IN THE COURSE OF BUSINESS, IF AND WHEN A RELEVANT DUALITY OF INTEREST ARISES, THE EMPLOYEE OR BOARD MEMBER DISCLOSES IT VERBALLY AND IS RECUSED FROM ANY DECISION MAKING ROLE RELATED TO THE DUAL INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF PROPEL NONPROFITS BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ANNUALLY THE PERFORMANCE AND SALARY OF THE PRESIDENT & CEO. BASED ON THE REVIEW, THE COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT & CEO. IN ITS SALARY DETERMINATION, THE COMMITTEE ENGAGES AN HR COMPENSATION CONSULTANT, CONSIDERS SALARIES OF CEO'S IN PEER ORGANIZATIONS WITH COMPARABLE EXPERIENCE, CONSULTS SURVEY DATA OF NONPROFIT EXECUTIVES, AND REVIEWS THE HISTORY OF THE PRESIDENT & CEO'S COMPENSATION. LAST REVIEW WAS IN 2021. FORM 990, PART VI, SECTION C, LINE 19 PROPEL NONPROFITS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE UPON REQUEST. PROPEL NONPROFITS' GOVERNING DOCUMENTS INCLUDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND IRS FORM 1023. PROPEL NONPROFITS FINANCIAL STATEMENTS, ANNUAL REPORTS, AND QUARTERLY INVESTOR REPORTS ARE AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. PROPEL NONPROFITS FINANCIAL STATEMENTS INCLUDE ITS AUDITED FINANCIAL STATEMENTS, SINGLE AUDIT (WHEN REQUIRED), AND IRS FORM 990 INCLUDING SCHEDULES AND ATTACHMENTS.