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Propel Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010793986 ✦ Deerfield beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Propel Inc?

Propel Inc is a dedicated nonprofit organization located in Deerfield Beach, Florida. Their primary focus is to drive sustainable change in the lives of families and communities by establishing collaborative partnerships with various entities. By providing multifaceted services such as literacy, financial literacy, mentorship, tutoring, nourishment, and apprenticeship, Propel Inc aims to strengthen and stabilize the functioning of underserved individuals. The ultimate goal is to assist these individuals in obtaining higher education or skilled trades, thereby breaking cycles of poverty. Propel Inc's mission is to foster leadership potential, academic success, and healthy living choices among at-risk youth living in the South Palm Beach County area, providing after-school programming, community involvement, and enrichment activities, summer camp opportunities, job placement support, and college scholarships. The organization operates with a team of 11 individuals, demonstrating a strong commitment to its cause. Propel Instills a sense of responsibility, promotes self-discipline, and empowers youth, families, and communities. The diverse expertise of its team members and their varied supportive services contribute to assessing individual goals and helping them be achieved.


Official website here: www.propelyourfuture.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Propel Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various operational areas. The organization scored 69% overall, reflecting strong program expense management at 91.26%, suggesting a commitment to utilizing funds effectively for its mission. However, the lack of financial statements and missing policies related to conflict of interest and whistleblowing raise concerns about transparency and governance.

The board composition is a strength for Propel Inc, with 100% independent members contributing to a sound governance structure. Furthermore, the organization demonstrates fiscal responsibility, evident from a low liabilities to assets ratio of 34.04%. Despite these strengths, the absence of essential governance documents and transparency in financial reporting can hinder stakeholder trust and accountability.

Overall, while Propel Inc showcases a solid commitment to its programmatic goals, enhanced transparency and adherence to governance best practices are needed to improve its standing and effectiveness as a nonprofit organization. Addressing these areas could significantly elevate its rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Propel Inc?

98% of 28 reviewers on Facebook recommend Propel Inc. Here is a summary of their reviews:

Many users express a light-hearted appreciation for Propel Inc, with one individual humorously noting a personal connection in their profile picture. This fun and friendly interaction signifies a positive atmosphere within the organization that resonates with its community.

Overall, the sentiment is highly favorable, indicating that people feel a strong sense of belonging and satisfaction with Propel Inc's services and community engagement. The consistent recommendations suggest that the nonprofit successfully meets the needs of its participants.


This AI summary has been generated from reviews found on Facebook.

Is Propel Inc legitimate?

Propel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Propel Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,289

For more financial information, click here


Official website here: www.propelyourfuture.org

What is the mission statement of Propel Inc?

Propel Inc, a not-for-profit organization, is committed to nurturing the leadership potential, academic success, and healthy living choices of at-risk youth between the ages of 10 and 24. They achieve this goal by offering after-school programming, community involvement and enrichment activities, summer camp opportunities, job placement support, and college scholarships. Propel's mission extends to underserved youth aged 7 to 21 in Palm Beach, Broward, and Polk Counties of Florida. The organization is supported by a team of professional staff, a board of directors, advisers, and volunteers, comprising community leaders and benefactors.


Official website here: www.propelyourfuture.org

Who is the CEO of Propel Inc?

Gregg Francis is the Vice Preside of Propel Inc.


Official website here: www.propelyourfuture.org

What is the revenue of Propel Inc?

Propel Inc's revenue in 2022 was $1,126,853.


Official website here: www.propelyourfuture.org

Who are the executives of Propel Inc and what are their salaries?

The average compensation at Propel Inc during 2022 was $27,117. There are 11 employees at Propel Inc.


Here are 3 key members and their salaries:


Charles Marchitello (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marta Batmasian (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Francis (President)
  • Compensation: $120,000
  • Related: $0
  • Other: $0


Official website here: www.propelyourfuture.org

Where can I find the form 990 for Propel Inc?

Propel Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.propelyourfuture.org

Learn more at the official website: www.propelyourfuture.org

Mission Statement of Propel Inc

Propel Inc, a dedicated not-for-profit organization, is committed to fostering the leadership potential, academic success, and promoting healthy living choices among underprivileged youth aged between 7 and 21 in Florida's Palm Beach, Broward, and Polk counties. By providing after-school programming, community involvement opportunities, and enrichment activities, Propel Inc aims to equip these young individuals with the necessary skills to thrive.

Beyond academic support, Propel Inc also offers summer camp opportunities, job placement assistance, and college scholarships. These initiatives are designed to empower these young individuals, enabling them to transition seamlessly into the workforce or higher education. Propel Inc's mission is further strengthened by its team, comprising of four professional paid staff, a board of directors, advisers, and volunteers, all of whom are esteemed community leaders and benefactors. This diverse team ensures that Propel Inc's programs are tailored to meet the unique needs of the youth it serves, thereby setting them on a path towards a brighter future.

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Impact




July, 2024

Propel Inc's impact can be seen in the positive outcomes it creates for at-risk youth in South Palm Beach County. Through after-school programming, community involvement, enrichment activities, summer camp opportunities, job placement support, and college scholarships, Propel acts as a catalyst for sustained positive change in the lives of families and communities. By partnering with various organizations and stakeholders, Propel strengthens and stabilizes the functioning of underserved individuals through services like literacy, financial literacy, mentorship, tutoring, nourishment, and apprenticeship. Ultimately, Propel aims to empower youth and families, instill a sense of responsibility, and promote self-discipline based on hard work. Through innovative strategies and interventions tailored to individual needs, Propel works towards breaking cycles of poverty and helping students obtain higher education or skilled trades.




This information is meant to be a general summary of Propel Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,126,853 (2022)
Expenses
$1,103,645 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $16,528
  • Gross Receipts: $1,126,853

Assets and Liabilities:

  • Total Assets: $374,975
  • Total Liabilities: $127,675
  • Net Assets: $247,300

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER INCOME

Revenue

$11,528

PROGRAM INCOME

Revenue

$5,000

Organization Details

Principal Officer

Gregg Francis

Main Address

49 SOUTH DIXIE HIGHWAY, DEERFIELD BEACH, FL, 33441

NTEE Category

Code: O50 - Youth development

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