Public Charity

PROPEL NONPROFITS

PROPEL NONPROFITS, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $23.0M in revenue, $12.6M in expenses, $61.7M in total assets. 125 publicly reported grants to this organization, totaling roughly $19.0M, appear in IRS filings.

EIN: 411916337 MINNEAPOLIS, MN Latest filing: 2025
Total Revenue$23.0M
Total Expenses$12.6M
Total Assets$61.7M
Grant Records125
Funding Total$19.0M
Filing Years2021–2025

Mission

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.

Officers & Directors

DIRECTOR Braxton Haulcy
DIRECTOR Courtney Colby
DIRECTOR Dominic Papatola
VICE PRESIDENT & CFO Ellie O'brien
CHIEF ADVANCEMENT OFFICER Garrett Backes
DIRECTOR Gema Alvarado-Guerrero

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support for programs, operations and other charitable purposes
$8,000,000 1 grant
For grant recipient's exempt purposes
$2,554,900 8 grants
MULTIPLE PURPOSES
$1,268,500 1 grant
COMMUNITY & ECONOMIC DEVELOPMENT
$1,167,500 6 grants
SUPPORT OF THE ZAMYA THEATRE PROJECT
$817,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $23.0M $12.6M $61.7M
2024 $8.6M $10.2M $49.9M
2023 $9.3M $12.3M $44.3M
2022 $14.5M $9.0M $49.6M
2021 $7.7M $7.5M $39.9M

Between 2021 and 2025, reported annual revenue grew from $7.7M to $23.0M (+197%), with total assets most recently reported at $61.7M.

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

See the full picture for PROPEL NONPROFITS

Complete financials, all 125 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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