Public Charity

PROPEL INC

PROPEL INC, of BOCA RATON, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.1M in revenue, $1.1M in expenses, $1.4M in total assets. 19 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 010793986 BOCA RATON, FL Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.1M
Total Assets$1.4M
Grant Records19
Funding Total$1.0M
Filing Years2020–2024

Mission

PROPEL IS A NOT-FOR-PROFIT ORGANIZATION IS DEDICATED TO FOSTERING LEADERSHIP POTENTIAL, ACADEMIC AND CAREER SUCCESS, AND HEALTHY LIVING CHOICES OF UNDERSERVED YOUTH (AGES 7-21) LIVING IN PALM BEACH, BROWARD, AND POLK COUNTIES OF FLORIDA BY PROVIDING AFTER-SCHOOL PROGRAMMING, COMMUNITY INVOLVEMENT AND ENRICHMENT ACTIVITIES, SUMMER CAMP OPPORTUNITIES, JOB PLACEMENT SUPPORT AND COLLEGE SCHOLARSHIPS. PROPEL IS A NOT-FOR-PROFIT ORGANIZATION CONSISTING OF FOUR PROFESSIONAL PAID STAFF, AND A BOARD OF DIRECTORS, ADVISERS, AND VOLUNTEERS WHICH ARE COMPRISED OF COMMUNITY LEADERS AND BENEFACTORS.

Officers & Directors

VICE CHAIR Charles Marchitello
CHAIR Gregg Francis
SECRETARY/TR Marta Batmasian

Officer compensation and complete director data available with membership.

Top Grant Purposes

NATURAL DISASTER RELIEF FUND
$500,000 1 grant
For grant recipient's exempt purposes
$157,000 3 grants
CHARITY
$109,000 2 grants
GENERAL ASSISTANCE TO THE ORGANIZATION
$100,384 3 grants
COMMUNITY BENEFIT
$44,607 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.1M $1.4M
2023 $2.3M $1.2M $1.4M
2022 $1.1M $1.1M $375K
2021 $365K $336K $232K
2020 $257K $255K $241K

Between 2020 and 2024, reported annual revenue grew from $257K to $1.1M (+317%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

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