Propl
- Assets
- $131.0k
- Revenue
- $418.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-1457736
Organization Overview
Propl is located in Los Angeles, CA. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2022, Propl employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Propl is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROPEL IS BUILDING A THRIVING COMMUNITY OF IMPACTDRIVEN LEADERS TO CREATE POSITIVE EDUCATION OUTCOMES FOR MILLIONS OF CHILDREN BY BRINGING INNOVATIVE APPROACHES TO LATIN AMERICAN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE CONDUCTED 2 10-WEEK VIRTUAL COHORT BASED PROGRAMS SUPPORTING 6 NONPROFITS TO LEARN AND LEVERAGE TECHNOLOGY AND DATA TO STREAMLINE OPERATIONS AND SCALE THEIR IMPACT IN LATIN AMERICAN EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vijay Raghunathan Director Chief Operating Officer | OfficerTrustee | 40 | $70,000 |
Claudia Belmont Director Chief Executive Officer | OfficerTrustee | 20 | $37,917 |
Matias Ringel Director Chief Financial Officer | OfficerTrustee | 2 | $0 |
Stephanie Ahn Director Secretary | OfficerTrustee | 2 | $0 |
Maria Montoya Director | Trustee | 2 | $0 |
Maria Sierra Perea Chief Program Officer | Officer | 40 | $82,639 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,538 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $403,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,811 |
| Total Program Service Revenue | $2,666 |
| Investment income | $0 |
| 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 | $418,477 |
| 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 | $21,179 |
| 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 | $190,556 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,993 |
| Fees for services: Management | $67,198 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $40 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,100 |
| Advertising and promotion | $0 |
| Office expenses | $1,470 |
| Information technology | $2,533 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $304,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,853 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,167 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $131,020 |
| Accounts payable and accrued expenses | $2,249 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,249 |
| Net assets without donor restrictions | $128,771 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $131,020 |