Charity Search / PROPEL NONPROFITS
Philanthropy & Grantmaking (T11) IRS Verified DX Registered

PROPEL NONPROFITS

EIN: 41-1916337 · MINNEAPOLIS, MN 55414 · United States · FY 2024 Data
2 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

Propel Nonprofits is an intermediary organization and federally certified community development financial institution (CDFI). We provide capacity-building services and access to capital to support nonprofits in achieving their missions including the ability to link strategy, governance, and finance and to support nonprofits throughout their organizational lifecycle. Propel Nonprofits was created from the 2017 merger of Nonprofits Assistance Fund and MAP for Nonprofits.

Financial Overview — FY 2024
$8.6M
Total Revenue
$10.2M
Total Expenses
N/A
Net Assets
39
Employees
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency N/A
Operating Reserve N/A
Liability-to-Asset N/A
Revenue Diversification N/A
Executive Compensation $721K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $8.6M $10.2M N/A 39
2023 $9.3M $12.3M N/A 37
2022 $14.5M $9.0M N/A 37
2021 $7.7M $7.5M N/A 32
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Organization Details
EIN
41-1916337
State
MN
City
MINNEAPOLIS
ZIP
55414
Classification
T11
Category
Philanthropy & Grantmaking
Rating
32★
Last Updated
Oct 2025
IRS Ruling Year
Foundation Code
15
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