Propel Charter Schools - East
- Assets
- $10.5m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 63
- Location
- Pittsburgh, PA
- Founding
- 03/2005
- Data as of
- 06/2023
- EIN
- 20-0593113
Organization Overview
Propel Charter Schools - East is located in Pittsburgh, PA. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Propel Charter Schools - East employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Propel Charter Schools - East is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Propel Charter Schools - East generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $7.3m during the year ending 06/2023. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL FOR STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH. PROPEL'S MISSION IS TO CATALYZE THE TRANSFORMATION OF PUBLIC EDUCATION SO THAT ALL CHILDREN HAVE ACCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROPEL CHARTER SCHOOL-EAST IS A CHARTER SCHOOL GRANTED BY A PUBLIC SCHOOL DISTRICT TO SERVE STUDENTS IN THE AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fair President | OfficerTrustee | 1 | $0 |
Bernard E Carter Vice-President | OfficerTrustee | 1 | $0 |
Heidi Bartholomew Treasurer | OfficerTrustee | 1 | $0 |
Evon Walters Secretary | OfficerTrustee | 1 | $0 |
James Kinville Trustee | Trustee | 1 | $0 |
Donald Huber Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Briggs Transportation Bus Services | 6/29/23 | $200,749 |
Maxim Staffing Solutions Nurse Staffing Services | 6/29/23 | $116,506 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $948,503 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $999,434 |
| Total Program Service Revenue | $6,288,854 |
| Investment income | $130,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,808,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,704,083 |
| Pension plan accruals and contributions | $386,387 |
| Other employee benefits | $743,752 |
| Payroll taxes | $207,969 |
| Fees for services: Management | $838,549 |
| Fees for services: Legal | $27,034 |
| Fees for services: Accounting | $15,837 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $613,156 |
| Advertising and promotion | $24,768 |
| Office expenses | $549,861 |
| Information technology | $3,646 |
| Royalties | $0 |
| Occupancy | $86,307 |
| Travel | $939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,823 |
| Interest | $147,682 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $189,718 |
| Insurance | $49,071 |
| All other expenses | $137,646 |
| Total functional expenses | $7,254,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,940 |
| Savings and temporary cash investments | $5,120,158 |
| Pledges and grants receivable | $103,913 |
| Accounts receivable, net | $441,465 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,266 |
| Net Land, buildings, and equipment | $3,585,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $982,286 |
| Total assets | $10,469,408 |
| Accounts payable and accrued expenses | $456,073 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,035,958 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,330,828 |
| Total liabilities | $8,822,859 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,646,549 |
| Total liabilities and net assets/fund balances | $10,469,408 |