PROPEL NONPROFITS: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- PROPEL NONPROFITS (EIN 41-1916337)
- Tax period
- 2017-04-01 to 2018-03-31
- Filed
- 2018-08-09
- IRS object ID
- 201802219349301105
- Schema version
- 2017v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-09T13:01:20-07:00 | ReturnTs |
| Tax Period End | 2018-03-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411916337 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROPEL NONPROFITS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROP | BusinessNameControlTxt |
| Phone | 6122496700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE Main ST STE 600 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kate Barr | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6122496684 | PhoneNum |
| Signature | 2018-08-09 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Kate Barr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE Main Street | AddressLine1Txt |
| Address Line2 | STE 600 | AddressLine2Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,123,073 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.propelnonprofits.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | Our mission 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. See Schedule O for more information. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 37 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,303,225 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,719,704 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,544,974 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,382,337 | CYProgramServiceRevenueAmt |
| PY Investment Income | $45,805 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,032 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,894,004 | PYTotalRevenueAmt |
| CY Total Revenue | $6,123,073 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,546,248 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,411,978 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,431,916 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,308,532 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $6,800 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $86,875 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,216,583 | PYOtherExpensesAmt |
| CY Other Expenses | $2,242,382 | CYOtherExpensesAmt |
| PY Total Expenses | $4,201,547 | PYTotalExpensesAmt |
| CY Total Expenses | $6,962,892 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,692,457 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$839,819 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $28,055,965 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,125,168 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,186,256 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,095,278 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,869,709 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,029,890 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of Propel Nonprofits is to fuel the impact and effectiveness of nonprofits with guidance, expertise, and capital. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,954,288 | ExpenseAmt |
| Grant | $43,333 | GrantAmt |
| Revenue | $1,359,813 | RevenueAmt |
| Desc | Lending: As a Community Development Financial Institution (CDFI) certified by the US 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 credit markets. Loans are as large as $1 million and as small as $10,000. Overall, we made 101 new loans in FY2018 totaling $18,828,210. Our lending impacted organizations working in health care, human services, arts and humanities, charter schools, community development, and affordable housing. By partnering with other capital providers, we also leveraged additional funds of $48 million into the community. Within the lending program, Propel Nonprofits has created the innovative Equity Builder Loan Program. This program includes intense technical assistance, a cohort learning process, loan forgiveness, and a structured savings program that brings equity to the balance sheets of Minnesota-based arts and culture nonprofits. Ultimately, the goal is to allow the leaders of these organizations to be more strategic and visionary in their work. At the end of FY2018, there were 16 loans active in the Equity Builder program totaling nearly $1.5 million. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,473,614 | ExpenseAmt |
| Grant | $2,225,945 | GrantAmt |
| Revenue | $222,462 | RevenueAmt |
| Desc | 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 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 in order to accomplish the purpose of the contribution as originally restricted by its donor. Once the 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 administers the funds on behalf of the client. Along with the fiscal management option, Propel Nonprofits provides extensive technical assistance on topics such as financial leadership, board governance, nonprofit business models, and strategy planning. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $737,823 | ExpenseAmt |
| Grant | $40,000 | GrantAmt |
| Revenue | $145,736 | RevenueAmt |
| Desc | Training, Guidance, and Knowledge Sharing: Propel Nonprofits provides on-going training, consulting, and technical assistance to groups of nonprofits based either on geographic location (such as Itasca County, MN) or sector (such as arts and culture). Propel Nonprofits' one-to-one expertise and group training programs range in topic from social enterprise, board governance, financial management, accounting, and nonprofit business models. During FY2018, Propel Nonprofits provided training and consulting to cohorts of nonprofits in Little Falls, Saint Paul, and Duluth that were exploring social enterprise as an alternative revenue generating option. In addition, Propel Nonprofits continued its learning sessions, consulting, technical assistance, and executive director cohort in Grand Rapids; conducted trainings and provided technical assistance for nonprofits in surrounding states; and continued its partnership with the Arts Midwest ArtsLab program. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,055,413 | ExpenseAmt |
| Grant | $102,700 | GrantAmt |
| Revenue | $675,356 | RevenueAmt |
| Desc | Other Program Services. Propel Nonprofits provides a wide range of integrated programs and services for nonprofit organizations. Services to nonprofits include programs designed to provide financial management assistance to loan clients and to other nonprofits. Programs provide strategic consulting services, outsourced accounting and financial services, and incorporation services for startup organizations. Customized technical assistance helps organizations understand their financial situation, identify priorities, and develop a plan of action for the near and long-term future. Technical assistance and consulting services include a wide range of diagnostic and mentoring discussions with staff and board leaders. These projects help nonprofits identify, analyze, and adapt their business model and develop plans to tie their mission and goals to strategies that grow capacity and strengthen sustainability. Propel Nonprofits' education and training program provides workshops on topics related to board governance, financial management and leadership for directors, board members, and staff and volunteers. Propel Nonprofits hosts an annual conference on Nonprofit Finance and Sustainability. Other knowledge sharing activities include developing and distributing articles, guidance, templates, and analysis on topics relevant for nonprofits for managing and planning financial practices, planning, governance, and strategy. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,055,413 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $102,700 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $675,356 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $6,221,138 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 47 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 37 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Curtis Klotz | PersonNm |
| Phone | 6122496664 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE Main ST STE 600 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| Jean Adams | |||||||
| Board Member | 2.00 | 40 | Yes (X) | $0 | $253,307 | $45,284 | |
| Paul Babcock | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Ralph Bernstein | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Heidi Christianson | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Courtney Colby | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Brad Kruse | |||||||
| Board Member | 2.00 | 0 | Yes (X) | $0 | $0 | $0 | |
| Scott Marquardt | |||||||
| Board Member | 2.00 | 0 | Yes (X) | $0 | $0 | $0 | |
| Sony Malhotra | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| David Mitchell | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Marcus Owens | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Patty Pannkuk | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Ron Price | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Magui Rubalcava Shulman | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Gary Taverna | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Bo Thao-Urabe | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Diane Tran | |||||||
| Board Member | 2 | 0 | Yes (X) | $0 | $0 | $0 | |
| Sarah Clyne | |||||||
| Secretary | 3 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Sean Kershaw | |||||||
| Vice-Chairperson | 3 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Beth Topoluk | |||||||
| Treasurer | 3 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Greg Zeller | |||||||
| Chairperson | 4 | 0 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Kate Barr | |||||||
| President and CEO | 40 | 0 | $183,556 | $0 | $30,811 | Yes (X) | |
| Janet Ogden-Brackett | |||||||
| Vice President of Lending | 40 | 0 | $107,622 | $0 | $24,120 | Yes (X) | |
| Curtis Klotz | |||||||
| Vice President of Finance & Chief Financial Officer | 40 | 0 | $102,463 | $0 | $22,290 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $393,641 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $253,307 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $122,505 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $165,500 | RelatedOrganizationsAmt |
| Government Grants | $898,906 | GovernmentGrantsAmt |
| All Other Contributions | $2,655,298 | AllOtherContributionsAmt |
| Noncash Contributions | $20,173 | NoncashContributionsAmt |
| Total Contributions | $3,719,704 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Loan Interest Revenue | 522200 | $1,226,144 | $1,226,144 | $0 | $0 |
| Loan Fee Revenue | 522200 | $121,949 | $121,949 | $0 | $0 |
| Client Fee and Contract Revenue | 541900 | $985,280 | $985,280 | $0 | $0 |
| Workshop and Training Fees | 611430 | $42,085 | $42,085 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,879 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,879 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,382,337 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,032 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,032 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,123,073 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,403,369 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,411,978 | TotalAmt |
| Program Services | $2,411,978 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,322 | TotalAmt |
| Program Services | $303,259 | ProgramServicesAmt |
| Management And General | $157,270 | ManagementAndGeneralAmt |
| Fundraising | $20,793 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,415,086 | TotalAmt |
| Program Services | $1,218,664 | ProgramServicesAmt |
| Management And General | $175,737 | ManagementAndGeneralAmt |
| Fundraising | $20,685 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,249 | TotalAmt |
| Program Services | $60,428 | ProgramServicesAmt |
| Management And General | $8,787 | ManagementAndGeneralAmt |
| Fundraising | $1,034 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,081 | TotalAmt |
| Program Services | $131,194 | ProgramServicesAmt |
| Management And General | $24,275 | ManagementAndGeneralAmt |
| Fundraising | $612 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,794 | TotalAmt |
| Program Services | $118,507 | ProgramServicesAmt |
| Management And General | $64,267 | ManagementAndGeneralAmt |
| Fundraising | $3,020 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,000 | TotalAmt |
| Program Services | $1,469 | ProgramServicesAmt |
| Management And General | $12,531 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,127 | TotalAmt |
| Program Services | $9,265 | ProgramServicesAmt |
| Management And General | $9,862 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,734 | TotalAmt |
| Program Services | $3,038 | ProgramServicesAmt |
| Management And General | $21,696 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,572 | TotalAmt |
| Program Services | $295,039 | ProgramServicesAmt |
| Management And General | $3,196 | ManagementAndGeneralAmt |
| Fundraising | $32,337 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,746 | TotalAmt |
| Program Services | $17,019 | ProgramServicesAmt |
| Management And General | $30,480 | ManagementAndGeneralAmt |
| Fundraising | $247 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,532 | TotalAmt |
| Program Services | $66,379 | ProgramServicesAmt |
| Management And General | $39,678 | ManagementAndGeneralAmt |
| Fundraising | $1,475 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,361 | TotalAmt |
| Program Services | $62,619 | ProgramServicesAmt |
| Management And General | $24,407 | ManagementAndGeneralAmt |
| Fundraising | $1,335 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,062 | TotalAmt |
| Program Services | $189,330 | ProgramServicesAmt |
| Management And General | $44,095 | ManagementAndGeneralAmt |
| Fundraising | $3,637 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,680 | TotalAmt |
| Program Services | $34,926 | ProgramServicesAmt |
| Management And General | $3,677 | ManagementAndGeneralAmt |
| Fundraising | $77 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,747 | TotalAmt |
| Program Services | $23,922 | ProgramServicesAmt |
| Management And General | $13,736 | ManagementAndGeneralAmt |
| Fundraising | $89 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,133 | TotalAmt |
| Program Services | $330,133 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,295 | TotalAmt |
| Program Services | $78,209 | ProgramServicesAmt |
| Management And General | $16,552 | ManagementAndGeneralAmt |
| Fundraising | $1,534 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,457 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $4,457 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Provision for Loan Loss Reserves | $845,466 | $845,466 | $0 | $0 |
| Lending Expenses | $6,661 | $6,661 | $0 | $0 |
| Other Filing Fee Expenses | $7,413 | $7,237 | $176 | $0 |
| Uncollectible Accounts Expense | $6,396 | $6,396 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,962,892 | TotalAmt |
| Program Services | $6,221,138 | ProgramServicesAmt |
| Management And General | $654,879 | ManagementAndGeneralAmt |
| Fundraising | $86,875 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,876,241 | BOYAmt |
| EOY | $4,896,631 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,678,553 | BOYAmt |
| EOY | $1,980,395 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,766,546 | BOYAmt |
| EOY | $1,488,089 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $234,320 | BOYAmt |
| EOY | $260,015 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,844,073 | BOYAmt |
| EOY | $21,876,252 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,783 | BOYAmt |
| EOY | $91,230 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,353,603 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $275,851 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,151 | BOYAmt |
| EOY | $1,077,752 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,487 | BOYAmt |
| EOY | $393,993 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,811 | BOYAmt |
| EOY | $60,811 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,055,965 | BOYAmt |
| EOY | $32,125,168 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,267 | BOYAmt |
| EOY | $722,266 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,110 | BOYAmt |
| EOY | $8,875 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $950,381 | BOYAmt |
| EOY | $996,490 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,961,498 | BOYAmt |
| EOY | $17,367,647 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,186,256 | BOYAmt |
| EOY | $19,095,278 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,168,761 | BOYAmt |
| EOY | $10,519,354 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,700,948 | BOYAmt |
| EOY | $2,510,536 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,869,709 | BOYAmt |
| EOY | $13,029,890 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,055,965 | BOYAmt |
| EOY | $32,125,168 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$839,819 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $252,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,676,289 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $793,565 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,303,225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,719,704 | CurrentTaxYearAmt |
| Total | $13,745,470 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $252,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,676,289 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $793,565 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,303,225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,719,704 | CurrentTaxYearAmt |
| Total | $13,745,470 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,963,740 | SubstantialContributorsTotAmt |
| Public Support Total170 | $9,781,730 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,672 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,835 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,032 | CurrentTaxYearAmt |
| Total | $92,403 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,837,873 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,511,987 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.70688 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69090 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $583,755 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,547 | DepreciationAmt |
| Book Value | $541,208 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $769,848 | OtherCostOrOtherBasisAmt |
| Depreciation | $233,304 | DepreciationAmt |
| Book Value | $536,544 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,077,752 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,123,073 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $0 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,123,073 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,123,073 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,962,892 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,962,892 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,962,892 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, 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 into 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. |
| Schedule D, 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 Internal Revenue Code 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (41 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| African American Community of Practice | ||||||||
| 10336 Grand Oaks Trail | Woodbury | MN | 55129 | 823212666 | $25,000 | To build capacity of African American communities to heal from the multi-generational effects of historical trauma and ongoing structural racism. | ||
| ANEW BAM | ||||||||
| 2355 Highway 36 West | Roseville | MN | 55113 | 473224688 | $7,321 | Hiring an Associate Director for Organizational Sustainability. | 501c3 | |
| Association for Black Economic Power | ||||||||
| 227 Colfax Avenue North | Minneapolis | MN | 55405 | 815486146 | $90,171 | Transform local communities by equipping Black people with powerful economic tools and resources. | 501c3 | Suite 230 |
| Big Dreamers United Inc | ||||||||
| 4225 Beverly Road | Madison | WI | 53711 | 824582921 | $50,000 | To help other nonprofits with their creative communication needs. | ||
| Break the Silence | ||||||||
| PO Box 17370 | Saint Paul | MN | 55117 | 812003541 | $94,715 | To end rape culture, hold perpetrators accountable, and support survivors of sexual violence in healing. | Lot 1851 | |
| Charlie Academy | ||||||||
| 6193 West Ridge Rd | Highland | UT | 84003 | 821593798 | $80,000 | To provide leadership content via online Learning Management System to help students develop their leadership potential. | 501c3 | |
| Coalition of Asian American Leaders | ||||||||
| PO Box 211211 | Saint Paul | MN | 55121 | 810874603 | $388,711 | To support an effort led by local Asian American leaders in Minnesota who are leveraging their assets to harness power to build unity, cohesion, and common agendas to advance equity in the State. | 501c3 | |
| Community Health Fund | ||||||||
| 5810 42nd Ave N | Robbinsdale | MN | 55422 | 820728457 | $37,984 | To build capacity for its member clinics to serve their individual communities while creating a unified voice for the work of community clinics in the Twin Cities metro area. | ||
| Creative Enterprise Zone | ||||||||
| 2314 University Ave W | Saint Paul | MN | 55114 | 810874603 | $5,165 | To help support a recognized center of creativity and enterprise, a place where people make a living by their creative capacities. | 501c3 | STE 28 |
| Cultural Diversity Resources | ||||||||
| 112 N University Dr | Fargo | ND | 58102 | 411896836 | $5,209 | To improve internal organizational structure by developing the financial and database management systems with updated technology, to create and provide professional training on new financial and database systems; to add one staff to assist with training and skills development, and to increase capacity to serve more in the community. | 501c3 | STE 306 |
| Deer River Area Health Care Foundation | ||||||||
| 1057 Comstock Drive | Deer River | MN | 56636 | 411770765 | $10,000 | Social enterprise grant | 501c3 | |
| Dream of Wild Health | ||||||||
| 1308 Franklin Ave | Minneapolis | MN | 55404 | 411632662 | $5,431 | For infrastructure development and to focus on financial systems, internal communications technology, training and support. | 501c3 | Suite 203 |
| Family Values for Life | ||||||||
| 1280 Arcade Street | Saint Paul | MN | 55106 | 412006889 | $11,721 | To support leadership personnel and financial process improvement so that on the other side of this transition period we are better equipped for sustained, high-quality service to families. | 501c3 | |
| FilmNorth | ||||||||
| 550 Vandalia ST | Saint Paul | MN | 55114 | 411594894 | $6,667 | Loan forgiveness through Equity Builder Loan Program | 501c3 | STE 120 |
| Fortune Relief and Youth Empowerment Organization | ||||||||
| 2910 Pillsbury Ave S | Minneapolis | MN | 55408 | 812134614 | $25,200 | To provide a continuum of care that includes outreach, basic services, education and career developments while positively transforming the social and economic structures that sabotage poverty. | 501c3 | Suite 432 |
| GLITCH | ||||||||
| 1829 Riverside Avenue | Minneapolis | MN | 55454 | 474123991 | $28,281 | To promote the exploration of digital games as a culture, career, and creative practice. | Suite 200 | |
| Hispanic Advocacy and Community Empowerment through Research - HACER | ||||||||
| 2314 University Ave W | Saint Paul | MN | 55114 | 411900934 | $10,908 | To increase the capacity of the organization by hiring an administrative and financial associate to develop a financial system, increasing number of partnerships with other organizations, diversifying sources of income and updating the organization's technology. | 501c3 | Suite 20 |
| HOURCAR | ||||||||
| 1754 University Avenue West | Saint Paul | MN | 55104 | 814740695 | $286,691 | To support a great tool to minimize car travel, resulting in cleaner air and fewer greenhouse gas emissions. | 501c3 | |
| Illusion Theatre | ||||||||
| 528 Hennepin Ave | Minneapolis | MN | 55403 | 237392140 | $6,667 | Loan forgiveness through Equity Builder Loan Program | 501c3 | Suite 704 |
| In the Heart of the Beast Puppet Theatre | ||||||||
| 1500 E Lake ST | Minneapolis | MN | 55407 | 411251313 | $6,667 | Loan forgiveness through Equity Builder Loan Program | 501c3 | |
| Intermedia Arts of Minnesota | ||||||||
| 2822 Lyndale Ave S | Minneapolis | MN | 55408 | 411226945 | $120,934 | To build understanding among people through art. | 501c3 | |
| Itasca County Television | ||||||||
| 819 NE 4th Street | Grand Rapids | MN | 55744 | 364209055 | $10,000 | Social enterprise grant | 501c3 | |
| Itasca Life Options | ||||||||
| PO Box 20 | Grand Rapids | MN | 55744 | 410907640 | $10,000 | Social enterprise grant | 501c3 | |
| Mentoring Young Adults - MYA | ||||||||
| 550 Rice Street | Saint Paul | MN | 55113 | 800298183 | $12,800 | For infrastructure assistance to compete for government (city and county) grants. | 501c3 | |
| Mewinzha Ondaadiziike Wiigaming | ||||||||
| 1819 Bemidji Avenue N | Bemidji | MN | 56601 | 462523191 | $8,207 | To hire our Anishinaabe Doula trainer to train local community members to become certified Doula's to expand our workforce development to support, educate and reclaim traditional birthing practices. In addition, to help develop our financial, education and clinic systems. | 501c3 | Suite 3 |
| Minnesota Harvest Initiative | ||||||||
| 1300 Yale Place | Minneapolis | MN | 55403 | 820930472 | $55,000 | To support a coalition of African American business owners and professionals who are committed to a mission that promotes economic participation and educational freedom. | STE 229 | |
| Minnesota Host Home Network | ||||||||
| 3748 Bryant Ave S | Minneapolis | MN | 55409 | 474977811 | $41,038 | To support a network that catalyzes system change for youth facing homelessness by championing lasting relationships with the caring adults already in their lives who are not their service providers. | ||
| Minnesota Indian Business Alliance | ||||||||
| PO Box 1902 | Detroit Lakes | MN | 56502 | 815041824 | $80,438 | To align partners committed to the growth and success of Native American businesses and entrepreneurs, connects Native American businesses, entrepreneurs and resource providers in innovative and practically useful ways, and transforms Native American communities. | ||
| Mu Performing Arts | ||||||||
| 755 Prior Ave N | Saint Paul | MN | 55104 | 411727881 | $10,000 | Loan forgiveness through Equity Builder Loan Program | 501c3 | Suite 107 |
| North American Traditional Indigenous Food Systems | ||||||||
| 3626 Garfield Avenue | Minneapolis | MN | 55409 | 820613944 | $22,563 | Accelerating Food Access through Indigenous Culinary Education and Small Business Development | 501c3 | |
| Northwest Hennepin Early Childhood Network | ||||||||
| 17749 62nd Ave N | Maple Grove | MN | 55311 | 822974713 | $12,000 | Improving the impact of early childhood education services provided by member organizations to member cities and their residents. | ||
| Partnerships for Permanance | ||||||||
| 4725 17th Ave S | Minneapolis | MN | 55407 | 364861270 | $40,000 | To support foster care alumni and adoptees to raise awareness and actively work to improve the child welfare system. | ||
| Penumbra Theatre | ||||||||
| 270 N Kent Street | Saint Paul | MN | 55102 | 411563764 | $6,667 | Loan forgiveness through Equity Builder Loan Program | 501c3 | |
| Quality Education Services of MN | ||||||||
| 1731 Louise Avenue | Saint Paul | MN | 55106 | 464014810 | $368,309 | To engage community elders to build mutually-beneficial relationships that foster the social-emotional and academic skills and abilities children need for success. | 501c3 | |
| Reviving the Islamic Sisterhood for Empowerment | ||||||||
| 1007 West Broadway Ave N | Minneapolis | MN | 55411 | 811236990 | $337,927 | To support a mission to amplify the voice and power of Muslim women. | ||
| Saluting Branches | ||||||||
| 11571 K Tel Dr | Minnetonka | MN | 55343 | 371834210 | $9,000 | To honor American service men and women by organizing volunteer tree and landscape care for the property dedicated to our veterans. | 501c3 | |
| Somali Community Resettlement Services | ||||||||
| 201 S Lyndale Ave | Faribault | MN | 55021 | 311668255 | $10,409 | To increase capacity through hiring culturally competent staff. | 501c3 | |
| St Paul Youth Services | ||||||||
| 2100 Wilson Ave | Saint Paul | MN | 55119 | 411316444 | $10,000 | Mini-grant for brand development of new program | 501c3 | |
| The Works | ||||||||
| 9740 Grand Ave S | Bloomington | MN | 55420 | 411570750 | $6,667 | Loan forgiveness through Equity Builder Loan Program | 501c3 | |
| Ujamaa Place | ||||||||
| 1821 University Ave | Saint Paul | MN | 55104 | 271216065 | $10,000 | Social enterprise grant | 501c3 | Suite N257 |
| Young Muslim Collective | ||||||||
| 351 Naegele Ave | Minneapolis | MN | 55421 | 821991646 | $15,429 | To aid Muslim youth who are subjected to racism and faith-based hate by promoting arts, healing, activism, outreach, and advocacy. | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 29 | Total501c3OrgCnt |
| Total Other Org | 12 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kate Barr | ||||||||||||||
| President and CEO | $168,556 | $0 | $15,000 | $0 | $0 | $0 | $9,335 | $0 | $21,476 | $0 | $214,367 | $0 | $0 | $0 |
| Jean Adams | ||||||||||||||
| Board Member | $0 | $253,307 | $0 | $0 | $0 | $0 | $0 | $20,592 | $0 | $24,692 | $0 | $298,591 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | The executive committee of the Propel Nonprofits' board of directors is responsible for reviewing annually the performance and salary of the president and CEO. Based on the review, the committee determines compensation for the president and CEO. In its salary determination, the committee engages an HR compensation consultant, considers salaries of CEOs in peer organizations with comparable experience, consults survey data of nonprofit executives, and reviews the history of the president and CEO's compensation. The president and CEO's salary was last reviewed in Fall 2017. No changes to the president and CEO's salary have occurred since that time. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1 | (continued from Part I, Line 1) 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. |
| Form 990, Part I, Line 8 | Propel Nonprofits regularly receives large, multi-year grants that appear as significant changes in contributions and grants from one year to the next. Because some of these grants have donor restrictions that limit their use to certain programs or to certain periods of time, these large, multi-year grants may also cause the total revenue less expenses or net income to appear negative one year, then positive the next, and back and forth. In FY2018, our total change in net assets is a negative $839,819, but our change in net assets without donor restriction (the more accurate measure of a nonprofit's annual operating results, is a positive $1.35 million. For a more complete picture of Propel Nonprofits' operating activity, please see our annual audited financial statements as made available at our website, www.propelnonprofits.org |
| Form 990, Part I, Line 19 | Propel Nonprofits regularly receives large, multi-year grants that appear as significant changes in contributions and grants from one year to the next. Because some of these grants have donor restrictions that limit their use to certain programs or to certain periods of time, these large, multi-year grants may also cause the total revenue less expenses or net income to appear negative one year, then positive the next, and back and forth. In FY2018, our total change in net assets is a negative $839,819, but our change in net assets without donor restriction (the more accurate measure of a nonprofit's annual operating results, is a positive $1.35 million. For a more complete picture of Propel Nonprofits' operating activity, please see our annual audited financial statements as made available at our website, www.propelnonprofits.org |
| Form 990, Part IV, Line 12a | Propel Nonprofits issues its own audited financial statements. Though operating wholly independently, Propel Nonprofits is a technically a subsidiary organization of The Minneapolis Foundation. The Minneapolis Foundation approves a bare majority of the slate of board members of Propel Nonprofits. Because of this structure, The Minneapolis Foundation consolidates Propel Nonprofits' financials in its audited financial statements. |
| Form 990, Part VI, Section A, Line 2 | Kate Barr, president and CEO of Propel Nonprofits, is a board member of Borealis Philanthropy, a nonprofit philanthropic intermediary organization whose CEO, Magui Rubalcava Shulman, is a board member of Propel Nonprofits. |
| Form 990, Part VI, Section A, Line 7a | Board members of Propel Nonprofits are recruited and selected by the board of Propel Nonprofits. In an arrangement that represents it historical origins and its current corporate structure as a subsidiary, a bare majority of the Propel Nonprofits board members are presented to and formally elected by the Board of Trustees of The Minneapolis Foundation. |
| Form 990, Part VI, Section A, Line 7b | Given that Propel Nonprofits is a subsidiary organization of The Minneapolis Foundation, and according to the bylaws of the Propel Nonprofits, the Board of Trustees of The Minneapolis Foundation may at any time remove a director of the board of Propel Nonprofits that The Minneapolis Foundation has also elected to The Minneapolis Foundation Board. The Board of Trustees of The Minneapolis Foundation may also appoint a director to fill any vacancy of a Propel Nonprofits board member formally elected by The Minneapolis Foundation in the event of a vacancy caused by death, resignation, or removal. |
| Form 990, Part VI, Section B, Line 11b | The audited financial statements, on which the Form 990 is based, are presented to the Finance Committee in June by the auditors. The 990 is prepared by the Vice President of Finance and CFO based on the audited financial statements. The 990 is then reviewed by the Finance Committee and President and CEO. The 990 is distributed to the board of directors before it is filed by its August deadline. |
| Form 990, Part VI, Section B, Line 12c | Propel Nonprofits' conflict of interest policy is reviewed annually by all employees and board members. Each staff member and board member is required to disclose any dualities of interest in writing. New employees and board members review the policy and disclose dualities of interest in writing 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 15 | The executive committee of the Propel Nonprofits' board of directors is responsible for reviewing annually the performance and salary of the president and CEO. Based on the review, the committee determines compensation for the president and CEO. In its salary determination, the committee engages an HR compensation consultant, considers salaries of CEOs in peer organizations with comparable experience, consults survey data of nonprofit executives, and reviews the history of the president and CEO's compensation. The president and CEO's salary was last reviewed in Fall 2017. No changes to the president and CEO's salary have occurred since that time. |
| 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. |
| Form 990, Part VII, Section A, Line 1a | Jean Adams, Senior Vice President, Strategy and Chief Operating Officer of The Minneapolis Foundation, serves on the Propel Nonprofits board of directors. Because Propel Nonprofits is a subsidiary of The Minneapolis Foundation, Ms. Adams' compensation by The Minneapolis Foundation is listed here as that of a related organization. |
| Form 990, Part XII, Line 1 | While Propel Nonprofits did not change its method of accounting and maintains its books on an accrual basis, it did choose to become an early adopter of FASB Accounting Standards Update 2016-14 Presentation of Financial Statements of Not-for-Profit Entities. This change in accounting standards affects the audited financial statements of Propel Nonprofits, but does not affect the preparation or presentation of this IRS Form 990. Visit our website at www.propelnonprofits.org to see our FY2018 audited financial statements using the new FASB standards. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Minneapolis Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 South 8th Street | AddressLine1Txt |
| Address Line2 | IDS Center 800 | AddressLine2Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416029402 | EIN |
| Primary Activities | Philanthropy | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| The Minneapolis Foundation | ||
| c | $165,500 | Propel Nonprofits received three grants totaling $130,000 for program services and additional grants totaling $35,500 for the fiscal sponsorship fund from The Minneapolis Foundation in FY2018. The program service grants included $50,000 for merger-related expenses, $50,000 to support work with charter schools, and $30,000 to support the Minnesota Comeback initiative. The grants for fiscal sponsorship supported the work of two fiscally-sponsored clients, Reviving the Islamic Sisterhood of Empowerment (RISE) and the Coalition of Asian American Leaders (CAAL). |
| The Minneapolis Foundation | ||
| e | $1,000,000 | During FY2018, Propel Nonprofits paid off $818,500 in a program-related investment from The Minneapolis Foundation. Propel Nonprofits entered into a new program-related investment of $1,000,000 for lending to charter schools. Propel Nonprofits also maintains a line of credit with The Minneapolis Foundation of $2 million. Propel Nonprofits did not draw on this line of credit during FY2018. |
| The Minneapolis Foundation | ||
| p | $12,690 | For efficiency of scale, Propel Nonprofits purchases its business liability and workers compensation insurances in conjunction with The Minneapolis Foundation. This amount represents Propel Nonprofits' proportionate share of the premiums for these insurances. |
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