Overview
What is Propel America?
Propel America is a compassionate nonprofit organization based in Boston, Massachusetts. Their primary mission is to empower young adults aged 18-24 by offering a tuition-free pathway into a thriving-wage healthcare career. They achieve this by collaborating with employer partners, ensuring their students are connected to well-paying jobs and receive individualized coaching and support throughout their training and early work experience. Propel America works in partnership with higher education institutions, guaranteeing an in-demand credential, college credit, and a job interview within six months. The organization boasts a dedicated workforce of 33 individuals, committed to transforming the lives of young adults and helping them secure a promising future with opportunities for advancement and further education.
Official website here: www.propelamerica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Propel America has achieved an impressive Four-Star rating from Charity Navigator, indicating strong accountability and financial health. With an overall score of 96%, their high marks in Accountability & Finance (83%) highlight a robust governance structure and sound financial practices. Key strengths include a fully independent board, effective audit and oversight, and exceptional program expense ratios, reflecting their commitment to maximizing resources for their mission.
The organization excels in constituent feedback and engagement, scoring 100% in feedback collection and usage, which suggests they prioritize stakeholder input in their operations. Their equity strategies also demonstrate a solid commitment to inclusivity, although there is some room for improvement in the policies and processes associated with equity practices, as evidenced by their 89% score in this area.
While Propel America showcases strong financial practices and community engagement, the slight limitations in equity policies could be addressed for further enhancement. Overall, the nonprofit reflects a high level of transparency and efficiency, making it a commendable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Propel America legitimate?
Propel America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Propel America 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: $708,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,294,821
For more financial information, click here
Official website here: www.propelamerica.org
What is the mission statement of Propel America?
Propel America's mission is to empower young adults aged 18-24 by providing them with the necessary skills, credentials, work experiences, and networking opportunities. This enables them to secure well-paying jobs with prospects for advancement and higher education within a year. Propel America achieves this by partnering with employer partners to ensure that the program's fellows are connected to thriving-wage jobs. They offer individualized coaching and support during their training and early work experience. In collaboration with institutions of higher education, Propel ensures that fellows acquire an in-demand credential, college credit, and a guaranteed interview within less than six months.
Official website here: www.propelamerica.org
Who is the CEO of Propel America?
Chad Rountree is the Chief Prog Off; Ceo/Dir. A/O 10/2022 of Propel America. The CEO's salary of Propel America is $170,232 and their total compensation is $179,292.
Official website here: www.propelamerica.org
What is the revenue of Propel America?
Propel America's revenue in 2022 was $4,976,091.
Official website here: www.propelamerica.org
Who are the executives of Propel America and what are their salaries?
The average compensation at Propel America during 2022 was $91,006. There are 33 employees and 6 volunteers at Propel America.
Here are 14 key members and their salaries (Propel America's CEO's salary is $170,232 and their total compensation is $179,292):
- Compensation: $266,599
- Related: $0
- Other: $13,878
- Compensation: $226,403
- Related: $0
- Other: $23,633
- Compensation: $236,001
- Related: $0
- Other: $13,991
- Compensation: $228,017
- Related: $0
- Other: $700
- Compensation: $175,896
- Related: $0
- Other: $19,692
- Compensation: $170,232
- Related: $0
- Other: $9,060
- Compensation: $134,102
- Related: $0
- Other: $31,365
- Compensation: $141,166
- Related: $0
- Other: $20,098
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.propelamerica.org
Where can I find the form 990 for Propel America?
Propel America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.propelamerica.org
Learn more at the official website: www.propelamerica.org
Mission Statement of Propel America
Propel America, a nonprofit organization, is dedicated to empowering young adults aged 18-24. Their mission is to equip these individuals with the necessary skills, credentials, work experiences, and professional networks to secure well-paying jobs with opportunities for advancement and further education within a year. Propel America works closely with employer partners to ensure that their fellows are connected to thriving-wage jobs and receive individualized coaching and support throughout their training and early work experience. The organization, in collaboration with institutions of higher education, provides an in-demand credential, college credit, and a guaranteed interview within less than six months. This comprehensive approach aims to propel young adults into successful healthcare careers, thereby providing them with a solid foundation for their professional lives.
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Impact
July, 2024
Propel America empowers young adults with the skills, experiences, credentials, and networks necessary to obtain a good job with opportunities for advancement and higher education. They specifically focus on helping individuals aged 18-24 move directly into thriving-wage healthcare careers through a tuition-free higher education pathway. By working directly with employer partners, Propel ensures that their fellows are connected to lucrative job opportunities and receive personalized coaching and support during their training and early work experience. In collaboration with institutions of higher education, Propel guarantees an in-demand credential, college credit, and a guaranteed interview in less than six months. This program is based in Boston, MA, and is dedicated to equipping young adults with the tools they need to succeed in the workforce.
This information is meant to be a general summary of Propel America. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12
- Program Service Revenue: $472,438
- Gross Receipts: $4,976,091
Assets and Liabilities:
- Total Assets: $3,722,000
- Total Liabilities: $565,198
- Net Assets: $3,156,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$255,538
SCHOLARSHIP/TUITION PA
Revenue
$215,800
REIMBURSED EXPENSES
Revenue
$1,100
Organization Details
Founding Year
2018
Phone
(540) 819-0686Principal Officer
Chad Rountree
Main Address
800 BOYLSTON STREET PO BOX 99044, BOSTON, MA, 02199
Website
www.propelamerica.orgNTEE Category
Code: B30 - Education
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