Propel A Charter Management Group Inc is a 501(c)(4) organization based in Covina, California, registered in 2022, with $13,870,035 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$13.9M
▲ 30.9% vs prior year
Education median: $200K
Expenses (FY2023)
$8.6M
Net assets
$14.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Propel A Charter Management Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Propel A Charter Management Group Inc: 20 mo reserves · +38% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Propel A Charter Management Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Propel A Charter Management Group Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5.2M (FY2020) to $13.9M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
37.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.0M
Total liabilities
$592K
Net assets
$14.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,870,035▲30.9% | $8,621,855▲25.7% | $14,390,412▲57.0% | $14,982,654▲53.1% | 990 |
| 2022 | $10,595,939▲97.8% | $6,858,680▲75.5% | $9,163,469▲68.9% | $9,783,183▲70.1% | 990 |
| 2021 | $5,358,058▲3.7% | $3,907,275▼6.7% | $5,426,210▲36.5% | $5,751,248▲37.7% | 990 |
| 2020 | $5,167,306 | $4,185,931 | $3,975,427 | $4,176,443 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Propel A Charter Management Group Inc (EIN 83-4258337) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.