Propel Network Inc
Nonprofit profile at a glance
- EIN
- 473168850
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 6464940822
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Job Training
- Affiliation
- Judaism
Reported finances
- Revenue
- $381,193
- Expenses
- $609,454
- Assets
- $600,136
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- HAIM DABAH (VICE PRESIDENT/CHAIR OF MA)
- DR GAYLE KROST (PRESIDENT)
- MICHAEL HADDAD (VICE PRESIDENT/CHAIR OF IN)
- EZRA S ASHKENAZI (FOUNDING PRESIDENT EMERITU)
- MARCY FELDMAN (VICE PRESIDENT/CHAIR OF EV)
- CAROLL DWECK SUTTON (EXECUTIVE DIRECTOR)
Highest reported compensation
- VIVIANE DARWISH (DIRECTOR OF OPERATIONS): $97,250 total reported compensation
- GITTA NEUFELD (EDUCATIONAL CONSULANT): $83,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
A prospective client comes in for career coaching sessions with one of our certified life coaches. Together they decide what the client's best avenue for success will be with regard to her interest in a particular field of employment. A vocational school is then chosen for the client, which suits her level of knowledge and time availability. When necessary, propel pays the tuition for the client directly to the vocational school. Once the client has graduated the program and earned her vocational certificate, the client's coach begins to connect her with three relevant job interviews, which will likely lead to at least one job offer for the client. The program goes from monday-friday, 9am-5pm, all public and jewish holidays excluded. Estimated number of women in the career candidate program in 2024 was 255.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 94
- Accountability: 84
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 54.7%; rating input score 55
- Fundraising efficiency: $3.81 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -59.9%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 29.6%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: -2.4% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 87.4% of revenue deployed · 54.7% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $333K in reported program spending
- Leadership: top reported pay $97K · 19 people listed
- Highest-paid contractors: 1 contractor listed · $105K reported
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 11/100.