J โ€” EmploymentEIN: 474045034ยท Ruling Year: 2015

Propel Education

Birmingham, Alabama

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$12.7M
Total Revenue
๐Ÿ“Š
$17.9M
Total Expenses
๐Ÿฆ
$23.9M
Net Assets
๐Ÿ“‹
$8.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1630.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-41.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
25.5%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$12,655,421โ†‘1631%$17,868,201โ†‘103%$32,011,290โ†“1%
2022$731,270โ†“97%$8,815,698โ†“22%$32,212,884โ†‘22%
2021$28,965,281โ†‘367%$11,271,210โ†‘420%$26,385,584โ†‘428%
2020$6,199,770โ†‘430%$2,166,571โ†‘510%$4,996,826โ†‘496%
2019$1,169,724$355,233$837,888

Frequently Asked Questions

What does Propel Education do?โ–ผ

Propel Education is a employment nonprofit organization based in Alabama. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Propel Education financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Propel Education has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Propel Education generate?โ–ผ

Propel Education reports $8.5M in annual revenue and holds $26.4M in total assets, based on IRS filings.

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Propel Education โ€” Birmingham, AL | GiveScope