Propel Nonprofits

Fiscal year ending 2021. Filed on December 22, 2022.

1 SE Main Street No 600
Impacthub
Minneapolis, Minnesota 55414

Propel Nonprofits (EIN: 41-1916337) has filed an IRS Form 990 between fiscal years 2017 and 2025. In its fiscal year 2021 IRS Form 990 filing, Propel Nonprofits, a 501(c)(3) charitable organization, reported compensation for 3 out of 32 total employees. Among the employees shown here, the average compensation is $162,193. The highest compensated employee at Propel Nonprofits is Kate Barr with fiscal year 2021 compensation of $207,223. Propel Nonprofits changed its name from Nonprofits Assistance Fund in 2018.

Revenue, expenses, and employee compensation

Revenue

$8,344,774

Expenses

$7,474,313

Employee compensation

$2,943,971
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

December 8, 2025:
2025 Propel Nonprofits 990 filed
September 19, 2023:
2023 Propel Nonprofits 990 filed
February 13, 2023:
2022 Propel Nonprofits 990 filed

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