Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
A For the 2020 calendar year, or tax year beginning 04-01-2020 , and ending 03-31-2021
BCheck if applicable:
CName of organization
PROPEL NONPROFITS
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1 SE MAIN STREET NO 600
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55414
D Employer identification number

41-1916337
E Telephone number

G Gross receipts $ 8,344,774
F Name and address of principal officer:
KATE BARR
1 SE MAIN STREET NO 600
MINNEAPOLIS,MN55414
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.PROPELNONPROFITS.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1998
M State of legal domicile: MN
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 16
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 16
5 Total number of individuals employed in calendar year 2020 (Part V, line 2a) ...... 5 32
6 Total number of volunteers (estimate if necessary) ............. 6 30
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 5,703,358 6,246,500
9 Program service revenue (Part VIII, line 2g) ......... 2,571,914 2,082,787
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 64,622 15,487
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 0 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 8,339,894 8,344,774
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 2,969,627 3,194,746
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 2,654,295 2,943,971
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet198,704    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,531,504 1,335,596
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 7,155,426 7,474,313
19 Revenue less expenses. Subtract line 18 from line 12....... 1,184,468 870,461
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 40,727,822 40,479,076
21 Total liabilities (Part X, line 26)............. 25,845,242 24,726,035
22 Net assets or fund balances. Subtract line 21 from line 20..... 14,882,580 15,753,041
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2020)
Form 990 (2020)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY.WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,399,996 including grants of $ 223,000 ) (Revenue $ 1,607,165 )
LENDING: AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE US TREASURY, PROPEL NONPROFITS MAKES LOANS TO NONPROFIT ORGANIZATIONS TO EXPAND PROGRAMS AND SERVICES, BRIDGE CASH FLOW GAPS, CONSOLIDATE DEBT, AND MAKE CAPITAL IMPROVEMENTS. WE BELIEVE THAT ACCESS TO CAPITAL IS ESSENTIAL TO THE GROWTH AND STABILITY OF THE NONPROFIT SECTOR. PROPEL NONPROFITS MAKES LOANS TO NONPROFITS OF ALL SIZES AND STAGES OF DEVELOPMENT, MANY OF WHICH HAVE BEEN HISTORICALLY UNDER-SERVED BY TRADITIONAL CREDIT MARKETS. LOANS ARE AS LARGE AS $1 MILLION AND AS SMALL AS $10,000. OVERALL, WE MADE 42 NEW LOANS IN FY2021 TOTALING $9,986,165. OUR LENDING IMPACTED ORGANIZATIONS WORKING IN HEALTH CARE, HUMAN SERVICES, ARTS AND HUMANITIES, CHARTER SCHOOLS, COMMUNITY DEVELOPMENT, AND AFFORDABLE HOUSING. BY PARTNERING WITH OTHER CAPITAL PROVIDERS, WE ALSO LEVERAGED ADDITIONAL FUNDS OF $7,590,500 INTO THE COMMUNITY. WITHIN THE LENDING PROGRAM, PROPEL NONPROFITS HAS CONTINUED THE INNOVATIVE EQUITY BUILDER LOAN PROGRAM. THIS PROGRAM INCLUDES INTENSE TECHNICAL ASSISTANCE, A COHORT LEARNING PROCESS, LOAN FORGIVENESS, AND A STRUCTURED SAVINGS PROGRAM THAT BRINGS EQUITY TO THE BALANCE SHEETS OF MINNESOTA-BASED ARTS AND CULTURE NONPROFITS. ULTIMATELY, THE GOAL IS TO ALLOW THE LEADERS OF THESE ORGANIZATIONS TO BE MORE STRATEGIC AND VISIONARY IN THEIR WORK.
4b (Code:   ) (Expenses $ 1,384,355 including grants of $ 482,000 ) (Revenue $ 95,371 )
TRAINING, GUIDANCE. AND KNOWLEDGE SHARING: PROPEL NONPROFITS PROVIDES ONGOING TRAINING, CONSULTING, AND TECHNICAL ASSISTANCE ON TOPICS RANGING FROM FINANCIAL MANAGEMENT, ACCOUNTING, GOVERNANCE, NONPROFIT BUSINESS MODELS, AND SOCIAL ENTERPRISE. EARLY IN FY21, PROPEL PIVOTED ITS PROGRAM DELIVERY TO A VIRTUAL FORMAT, INCLUDING MOVING THE ANNUAL NONPROFIT FINANCE & SUSTAINABILITY CONFERENCE ONLINE. WE CREATED SPECIAL RESOURCES, INCLUDING WEBINARS AND A LANDING PAGE AT OUR WEBSITE, RELATED TO COVID-19 AND ENSURED NONPROFITS ACROSS THE STATE HAD TIMELY AND RELEVANT INFORMATION. DUE TO OUR RESPONSIVE PROGRAMMING AND PARTNERSHIPS WITH STATE AND REGIONAL ORGANIZATIONS - SUCH AS MN DEED AND THE BLANDIN FOUNDATION IN ITASCA COUNTY - THE NUMBER OF PEOPLE TRAINED INCREASED BY 30% FROM THE PREVIOUS YEAR. ADDITIONALLY, COHORT WORK, INCLUDING FINANCIAL LEADERSHIP COHORTS AND LEADERS CIRCLES, CONTINUED AS A VITAL RESOURCE FOR NONPROFIT LEADERS, SO THEY COULD LEARN FROM AND BE IN FELLOWSHIP WITH ONE ANOTHER THROUGH THE IMMENSE CHALLENGES CAUSED BY COVID-19. PROPEL ALSO LAUNCHED THE 2-YEAR CAPACITY BUILDING INITIATIVE (CBI) FOR FAMILY ENGAGEMENT COHORT: 12 NONPROFIT AND/OR FISCALLY SPONSORED ORGANIZATIONS JOINED IN A PARTICIPANT-DRIVEN CAPACITY BUILDING MODEL TO EMPOWER FAMILIES IN K-12 EDUCATIONAL SYSTEMS.
4c (Code:   ) (Expenses $ 2,713,971 including grants of $ 2,489,746 ) (Revenue $ 108,694 )
FISCAL SPONSORSHIP: PROPEL NONPROFITS ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT YET ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED IN ORDER TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE THE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. ALONG WITH THE FISCAL MANAGEMENT OPTION, PROPEL NONPROFITS PROVIDES EXTENSIVE TECHNICAL ASSISTANCE ON TOPICS SUCH AS FINANCIAL LEADERSHIP, BOARD GOVERNANCE, NONPROFIT BUSINESS MODELS, AND STRATEGY PLANNING.
(Code:   ) (Expenses $ 810,904 including grants of $ 0 ) (Revenue $ 257,825 )
OTHER PROGRAM SERVICES - STRATEGIC SERVICES AND ACCOUNTING AND FINANCE CONSULTING: PROPEL NONPROFITS PROVIDES A WIDE RANGE OF INTEGRATED PROGRAMS AND SERVICES FOR NONPROFIT ORGANIZATIONS. PROPEL NONPROFITS IS A MUTUAL PARTNER THAT ASSISTS NONPROFITS IN ALIGNING THEIR VISION, GETTING THE NONPROFIT'S BOARDS AND LEADERSHIP TEAMS ON THE SAME PAGE, PROVIDING TOOLS FOR BETTER ORGANIZATIONAL COMMUNICATION, AND HELPING TO EQUIP NONPROFITS WITH THE TOOLS TO BE MORE EFFECTIVE WITH REACHING THEIR MISSION. THE TOOLS THAT PROPEL NONPROFITS OFFERS THROUGH ITS STRATEGIC SERVICES PROGRAM ARE STRATEGIC PLANNING, ORGANIZATIONAL DEVELOPMENT, BOARD DEVELOPMENT, AND LEADERSHIP TRANSITION CONSULTING. PROPEL NONPROFITS ACCOUNTING & FINANCE PROGRAM OFFERS ACCOUNTING AND FINANCIAL MANAGEMENT SERVICES ALONG WITH CUSTOMIZED TECHNICAL ASSISTANCE WHICH HELPS ORGANIZATIONS UNDERSTAND THEIR FINANCIAL SITUATION, IDENTIFY PRIORITIES, AND DEVELOP A PLAN OF ACTION FOR THE NEAR AND LONG-TERM FUTURE
4d Other program services (Describe in Schedule O.)
(Expenses $ 810,904 including grants of $ 0 ) (Revenue $ 257,825 )
4e Total program service expensesMediumBullet6,309,226
Form 990 (2020)
Form 990 (2020)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment......................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2020)
Form 990 (2020)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
 
No
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...
35b
 
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
24
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
Form 990 (2020)
Form 990 (2020)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
32
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
Form 990 (2020)
Form 990 (2020)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
16
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
16
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
 
No
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
MN
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletKEVEN AMBRUS1 SE MAIN STREET NO 600   MINNEAPOLIS,MN55414 (612) 249-6700
Form 990 (2020)
Form 990 (2020)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) SEAN KERSHAW......................................................................
CHAIR
 4.00
.................
  		X   X       0 0 0
(2) SARAH CLYNE......................................................................
VICE CHAIR
 3.00
.................
  		X   X       0 0 0
(3) PAUL BABCOCK......................................................................
TREASURER
 3.00
.................
  		X   X       0 0 0
(4) DAVID MITCHELL......................................................................
TREASURER
 3.00
.................
  		X   X       0 0 0
(5) JEAN ADAMS......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(6) HEIDI CHRISTIANSON......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(7) COURTNEY COLBY......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(8) BRAD KRUSE......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(9) SCOTT MARQUARDT......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(10) SONY MALHOTRA......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(11) MARCUS OWENS......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(12) PATTY PANNKUK......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(13) GARY TAVERNA......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(14) BO THAO-URABE......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(15) ELIZABETH TOPOLUK......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(16) DIANE TRAN......................................................................
BOARD MEMBER
 2.00
.................
  		X           0 0 0
(17) KATE BARR......................................................................
PRESIDENT AND CEO
 40.00
.................
  		    X       183,821 0 23,402
Form 990 (2020)
Form 990 (2020)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) KEVEN AMBRUS........................................................................
VICE PRESIDENT OF FINANCE AND CFO
 40.00
.......................   		    X       115,019 0 30,271
(19) JANET OGDEN-BRACKETT........................................................................
VICE PRESIDENT OF PROGRAMS
 40.00
.......................   		          X 118,832 0 15,234






















1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 417,672 0 68,907
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet3
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet0
Form 990 (2020)
Form 990 (2020)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e 1,787,896
f All other contributions, gifts, grants, and similar amounts not included above1f 4,458,604
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......MediumBullet 6,246,500
Program Service RevenueAmt Business Code
2a LOAN INTEREST REVENUE 522200 1,547,140 1,547,140    
b CLIENT FEE AND CONTRAC 541900 378,596 378,596    
c WORKSHOP AND TRAINING 611430 81,215 81,215    
d LOAN FEE REVENUE 522200 60,026 60,026    
e
f All other program service revenue. 15,810 15,810    
g Total. Add lines 2a–2f .....MediumBullet 2,082,787
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 15,487 15,487    
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet        
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss)     6c
d Net rental income or (loss).......MediumBullet        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory     7a
b Less: cost or other basis and sales expenses     7b
c Gain or (loss)     7c
d Net gain or (loss).........MediumBullet        
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet  
12 Total revenue. See instructions.....MediumBullet 8,344,774 2,098,274 0 0
Form 990 (2020)
Form 990 (2020)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 3,194,746 3,194,746
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 704,569 419,094 275,213 10,262
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 1,727,990 1,331,597 289,208 107,185
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 86,399 66,580 14,460 5,359
9 Other employee benefits ....... 251,069 191,613 44,956 14,500
10 Payroll taxes ........... 173,944 126,508 38,658 8,778
11 Fees for services (non-employees):        
a Management ...... 8,909   8,909  
b Legal ......... 6,479 2,085 4,394  
c Accounting ........... 33,579   33,579  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ......        
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 308,072 169,260 113,612 25,200
12 Advertising and promotion .... 9,578 7,748 1,378 452
13 Office expenses ....... 63,303 40,481 20,723 2,099
14 Information technology ...... 150,426 116,922 27,564 5,940
15 Royalties ..        
16 Occupancy ........... 208,075 153,428 44,594 10,053
17 Travel ............ 258 251 7  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 2,129 1,265 864  
20 Interest ........... 493,855 493,855    
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 176,612 130,535 37,717 8,360
23 Insurance ... 20,529 9,466 10,547 516
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a UNCOLLECTIBLE ACCOUNTS 27,250 27,250    
b LENDING EXPENSES -173,458 -173,458    
c
d
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 7,474,313 6,309,226 966,383 198,704
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2020)
Form 990 (2020)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 7,396,961 1 12,861,436
2 Savings and temporary cash investments ......... 1,511,000 2 1,387,637
3 Pledges and grants receivable, net ...... 1,484,920 3 977,582
4 Accounts receivable, net ............. 160,295 4 172,900
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ........... 28,420,091 7 23,487,319
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 122,811 9 103,259
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,394,108
b Less: accumulated depreciation 10b 726,199 818,022 10c 667,909
11 Investments—publicly traded securities .   11  
12 Investments—other securities. See Part IV, line 11 ..... 813,722 12 821,034
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 33)... 40,727,822 16 40,479,076
Liabilities 17 Accounts payable and accrued expenses ..... 667,487 17 942,963
18 Grants payable ...   18  
19 Deferred revenue ......... 576,190 19 561,750
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D 1,080,943 21 690,659
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties .. 23,520,622 24 22,530,663
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D   25  
26 Total liabilities. Add lines 17 through 25.. 25,845,242 26 24,726,035
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 11,606,718 27 12,321,637
28 Net assets with donor restrictions ........... 3,275,862 28 3,431,404
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 14,882,580 32 15,753,041
33 Total liabilities and net assets/fund balances ........ 40,727,822 33 40,479,076
Form 990 (2020)
Form 990 (2020)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
8,344,774
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
7,474,313
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
870,461
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
14,882,580
5
Net unrealized gains (losses) on investments ...............
5
 
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
15,753,041
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2020)
Form 990 (2020)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2016 (b) 2017 (c) 2018 (d) 2019 (e) 2020 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 7,303,225 3,719,704 5,598,397 5,703,358 6,246,500 28,571,184
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3 7,303,225 3,719,704 5,598,397 5,703,358 6,246,500 28,571,184
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 4,543,762
6 Public support. Subtract line 5 from line 4. 24,027,422
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2016 (b) 2017 (c) 2018 (d) 2019 (e) 2020 (f) Total
7 Amounts from line 4.. 7,303,225 3,719,704 5,598,397 5,703,358 6,246,500 28,571,184
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 13,904 21,032 25,344 80,433 15,487 156,200
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10 28,727,384
12
12
11,105,593
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
83.640 %
15
15
80.680 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2016 (b) 2017 (c) 2018 (d) 2019 (e) 2020 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2016 (b) 2017 (c) 2018 (d) 2019 (e) 2020 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in 11a above?
11b
 
 
c
A 35% controlled entity of a person described in line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2020

Schedule A (Form 990 or 990-EZ) 2020
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity 		2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions 		8  
9 Distributable amount for 2020 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2020 		(iii)
Distributable
Amount for 2020
1 Distributable amount for 2020 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2020:
a From 2015.......  
b From 2016.......  
c From 2017.......  
d From 2018.......  
e From 2019.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2020 distributable amount  
i Carryover from 2015 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2020 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2020 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2020, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions. 		 
6 Remaining underdistributions for 2020. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions. 		 
7 Excess distributions carryover to 2021. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2016.....  
b Excess from 2017.....  
c Excess from 2018.....  
d Excess from 2019.....  
e Excess from 2020.....  
Schedule A (Form 990 or 990-EZ) (2020)

Schedule A (Form 990 or 990-EZ) 2020
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2020


Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
Name of organization
PROPEL NONPROFITS
  		Employer identification number
41-1916337
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Page 3
Name of organization
PROPEL NONPROFITS
  		Employer identification number

41-1916337
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Page 4
Name of organization
PROPEL NONPROFITS
  		Employer identification number

41-1916337
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2020

Schedule D (Form 990) 2020
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Term endowment SchDMd Bullet  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .......................
3a(i)
 
 
(ii) Related organizations .......................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements   586,929 208,355 378,574
d Equipment ....   796,675 514,340 282,335
e Other .....   10,504 3,504 7,000
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 667,909
Schedule D (Form 990) 2020

Schedule D (Form 990) 2020
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2020

Schedule D (Form 990) 2020
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 8,344,774
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e 0
3 Subtract line 2e from line 1.................. 3 8,344,774
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c 0
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 8,344,774
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 7,474,313
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e 0
3 Subtract line 2e from line 1................... 3 7,474,313
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 7,474,313
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART IV, LINE 2B: THE COMBINED ORGANIZATION ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL NONPROFITS ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. IF THE CLIENT CHOOSES TO HAVE PROPEL NONPROFITS ADMINISTER ITS FUNDS, THOSE FUNDS BECOME A LIABILITY OF PROPEL NONPROFITS AND ARE RECORDED AS SUCH FOR ACCOUNTING PURPOSES. THE ARRANGEMENT INCLUDES PROPEL NONPROFITS HOLDING THE CLIENT'S FUNDS IN A CUSTODIAL ACCOUNT, PROVIDING BOOKKEEPING AND ACCOUNTING SERVICES, AND ASSISTING IN OTHER ADMINISTRATIVE DUTIES RELATED TO THOSE FUNDS. IN THIS ARRANGEMENT, THE MANAGEMENT OF THE FISCALLY-SPONSORED CLIENT DIRECTS THE USE OF THE FUNDS. PROPEL NONPROFITS SIMPLY EXECUTES THE MECHANICS OF THE TRANSACTIONS.
PART X, LINE 2: PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE (IRC). IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS.PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE (IRC). IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS.
Schedule D (Form 990) 2020


Additional Data


Software ID:  
Software Version:  





Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number
41-1916337
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) AFRICAN COMMUNITY SENIOR SERVICES
3040 4TH AVE SOUTH 5C
MINNEAPOLIS,MN55408 		27-0837630 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(2) AFRO AMERICAN DEVELPMENT ASSOCIATION
11232 28TH AVENUE SOUTH SUITE 104
MOORHEAD,MN56560 		47-2210302 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(3) AL-MAA'UUN
1729 LYNDALE AVE NORTH
MINNEAPOLIS,MN55411 		27-1893708 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(4) AMERICAN INDIAN FAMILY CENTER
579 WELLS STREET
SAINT PAUL,MN55130 		41-1841352 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(5) ANEW BAM (30000 FEET)
2355 HIGHWAY 36 WEST
ROSEVILLE,MN55113 		47-3224688 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(6) ASSOCIATION FOR BLACK ECONOMIC POWER
227 COLFAX AVE NORTH STE 230
MINNEAPOLIS,MN55405 		81-5486146 501(C)(3) 18,849   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(7) AYADA LEADS
615 1ST AVE NE SUITE 500
MINNEAPOLIS,MN55413 		47-4294816 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(8) BHUTANESE COMMUNITY ORGANIZATION OF MN
2499 RICE STREET SUITE 150
ROSEVILLE,MN55113 		36-4670106 501(C)(3) 12,000   N/A N/A 501(C)(3)
(9) BREAK THE SILENCE
PO BOX 17370 LOT 1851
SAINT PAUL,MN55117 		81-2003541 501(C)(3) 50,413   N/A N/A FISCAL SPONSORSHIP PROGRAM
(10) BRIDGEMAKERS
825 WASHINGTON AVENUE SE CO
IMPACTHUB
MINNEAPOLIS,MN55414 		85-4214217   70,000   N/A N/A FISCAL SPONSORSHIP GRANT
(11) CENTER FOR COACHING IN ORGANIZATIONS
1995 JERROD AVENUE
ARDEN HILLS,MN55112 		85-3672864   30,100   N/A N/A FISCAL SPONSORSHIP GRANT
(12) CENTER FOR HMONG ARTS AND TALENT
995 UNIVERSITY AVENUE WEST SUITE
251
SAINT PAUL,MN55104 		41-1771925 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(13) CLOSEKNIT
PO BOX 3852
MINNEAPOLIS,MN55403 		47-4977811   51,336   N/A N/A FISCAL SPONSORSHIP PROGRAM
(14) COALITION OF ASIAN AMERICAN LEADERS (CAAL)
941 LAFOND AVENUE SUITE 205
SAINT PAUL,MN55104 		81-0874603 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(15) COFFEE HOUSE PRESS
79 13TH AVE NE
MINNEAPOLIS,MN55413 		36-3332945 501(C)(3) 7,167   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(16) COMMUNITY HEALTH FUND
5810 42ND AVE N
ROBBINSDALE,MN55422 		82-0728457   7,181   N/A N/A FISCAL SPONSORSHIP PROGRAM
(17) CONNECTIONS TO INDEPENDENCE
310 EST 38TH STREET SUITE 120B
MINNEAPOLIS,MN55409 		80-0542940 501(C)(3) 9,000   N/A N/A COVID RECOVERY GRANT
(18) COUNCIL FOR BLACK MALE SUCCESS
381 ROBIE STREET E
SAINT PAUL,MN55107 		84-2160972   697,746   N/A N/A FISCAL SPONSORSHIP PROGRAM
(19) COUNCIL ON AMERICAN-ISLAMIC RELATIONS MN (CAIR MN)
2511 EAST FRANKLIN AVENUE SUITE 100
MINNEAPOLIS,MN55406 		45-0553731   23,915   N/A N/A NONPROFIT INFASTRUCTURE GRANT PROGRAM (NIGP)& MDRF
(20) DAKOTA WICOHAN
230 W 2ND STREET PO BOX 2
MORTON,MN56270 		42-1552956 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(21) EDALLIES (MINNESOTA PARENT UNION)
2800 UNIVERSITY AVE SE SUITE 200
MINNEAPOLIS,MN55414 		35-2573057 501(C)(3) 12,500   N/A N/A COVID RECOVERY GRANT
(22) FAMILY VALUES FOR LIFE
1280 ARCADE ST
SAINT PAUL,MN55106 		41-2006889 501(C)(3) 12,500   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(23) FOSTER ADVOCATES
555 WABASHA ST NORTH
SAINT PAUL,MN55102 		82-5411160 501(C)(3) 5,985   N/A N/A FISCAL SPONSORSHIP PROGRAM
(24) FREE CLINIC OF STEELE COUNTY
134 SOUTHVIEW STREET
OWATONNA,MN55060 		46-1795200 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(25) FROGTOWN GREEN
843 VANBUREN AVE
SAINT PAUL,MN55104 		71-0969337   7,394   N/A N/A FISCAL SPONSORSHIP GRANT
(26) GLOBAL SHAPERS MINNEAPOLIS
3100 LONFELLOW AVENUE
MINNEAPOLIS,MN55407 		29-6076152   6,870   N/A N/A FISCAL SPONSORSHIP GRANT
(27) HALLIE Q BROWN
270 N KENT ST
SAINT PAUL,MN55102 		41-0693846 501(C)(3) 10,500   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(28) HISPANIC OUTREACH OF GOODHUE COUNTY
628 WEST 5TH STREET
RED WING,MN55066 		26-4467878 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(29) HMONG EARLY CHILDHOOD COALITION
8260 POLK ST NE
SPRING LAKE PARK,MN55432 		83-1217023   21,231   N/A N/A FISCAL SPONSORSHIP GRANT
(30) HMONG MUSEUM
PO BOX 4189
SAINT PAUL,MN55104 		47-1620897 501(C)(3) 22,892   N/A N/A NONPROFIT INFASTRUCTURE GRANT PROGRAM (NIGP)
(31) IMMIGRANT DEVELOPMENT CENER
810 4TH AVENUE SUITE 100
MOORHEAD,MN56560 		20-3368647 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(32) INDIGENOUS ROOTS
788 EAST 7TH STREET
SAINT PAUL,MN55107 		47-4492457 501(C)(3) 31,000   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(33) JUXTAPOSITION ARTS
1500 EAST LAKE STREET
MINNEAPOLIS,MN55411 		41-1851915 501(C)(3) 27,167   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(34) KA JOOG
419 CEDAR AVE SOUTH
MINNEAPOLIS,MN55454 		39-2073475 501(C)(3) 10,500   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(35) LIVEMORE
PO BOX 10711
SAINT PAUL,MN55110 		84-2537633 501(C)(3) 33,018   N/A N/A FISCAL SPONSORSHIP PROGRAM
(36) LOOKING GLASS BOOKS
5040 JEWEL LANE NORTH
PLYMOUTH,MN55446 		85-2753531   13,971   N/A N/A FISCAL SPONSORSHIP GRANT
(37) MAD DADS
3026 SOUTH 4TH STREET
MINNEAPOLIS,MN55408 		01-0774996 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(38) MANIDOO OGITIGAAN
102 FIRST STREET WEST SUITE 110
BEMIDJI,MN56601 		82-4771865 501(C)(3) 37,251   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) & COVID RECOVERY GRANT
(39) MARKET ENTRY FUND
1136 GRAND AVENUE
SAINT PAUL,MN55105 		83-4587871   54,693   N/A N/A FISCAL SPONSORSHIP PROGRAM
(40) MINNEAPOLIS FOUNDATION (ADVANCING EQUITY COALITION)
80 S 8TH ST STE 800
MINNEAPOLIS,MN55402 		41-6029402 501(C)(3) 12,500   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT - FISCAL FOR LATINO LEAD
(41) MINNESOTA EDUCATION EQUITY PARTNERSHIP
2233 UNIVERSITY AVENUE WEST SUITE
220
SAINT PAUL,MN55114 		41-1699505 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(42) MONARCH JOINT VENTURE
20879 325TH AVENUE
HENDERSON,MN56044 		83-1343107 501(C)(3) 207,296   N/A N/A FISCAL SPONSORSHIP GRANT
(43) MPGL ENTERTAINMENT
4712 ZENITH AVE SOUTH
MINNEAPOLIS,MN55410 		84-1832278 501(C)(3) 9,831   N/A N/A FISCAL SPONSORSHIP PROGRAM
(44) NAVIGATE MINNESOTA
1515 EAST LAKE STREET SUITE 202
MINNEAPOLIS,MN55407 		45-3808452 501(C)(3) 39,520   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP)
(45) NEIGHBORHOOD YOUTH ACADEMY
1505 WASHBURN AVENUE NORTH
MINNEAPOLIS,MN55411 		61-1697182 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(46) NEW AMERICANS ALLIANCE FOR DEVELOPMENT
1821 UNIVERSITY AVE WEST SUITE 328
SAINT PAUL,MN55104 		57-1139418   97,252   N/A N/A FISCAL SPONSOR
(47) NEW NATIVE THEATRE TCTOCC
PO BOX 40118
SAINT PAUL,MN55104 		27-3901099 501(C)(3) 81,000   N/A N/A FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC
(48) NONPROFIT QUARTERLY
88 BROAD STREET SUITE 101
BOSTON,MA02110 		20-4080038 501(C)(3) 80,000   N/A N/A FINANICAL COMMONS
(49) PANGEA WORLD THEATRE TCTOCC
711 WEST LAKE STREET SUITE 101
MINNEAPOLIS,MN55408 		41-1854164 501(C)(3) 81,000   N/A N/A FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC
(50) PARENTS RADICALLY ORGANIZED PROS
1360 UNIVERSITY AVE W STE 422
SAINT PAUL,MN55114 		83-2120537 501(C)(3) 8,691   N/A N/A FISCAL SPONSORSHIP PROGRAM
(51) PARK SQUARE THEATRE
408 SAINT PETER ST
SAINT PAUL,MN55102 		41-1280683 501(C)(3) 22,167   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(52) PENUMBRA THEATRE COMPANY
270 NORTH KENT STREET
SAINT PAUL,MN55102 		41-1563764 501(C)(3) 7,167   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(53) PENUMBRA THEATRE COMPANY TCTOCC
270 NORTH KENT STREET
SAINT PAUL,MN55102 		41-1563764 501(C)(3) 126,000   N/A N/A FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC
(54) PILLSBURY UNITED COMMUNITIES
125 W BROADWAY AVE SUITE 130
MINNEAPOLIS,MN55411 		41-0916478 501(C)(3) 57,833   N/A N/A LOAN FORGIVENESS FROM EQUITY BUILDER LOAN PROGRAM & TARGET
(55) PROJECT IMPRINTZ
3133 EAST CALHOUN PARKWAY
MINNEAPOLIS,MN55408 		82-5305250 501(C)(3) 58,891   N/A N/A FISCAL SPONSORSHIP PROGRAM
(56) REVIVING THE ISLAMIC SISTERHOOD FOR EMPOWERMENT
1007 WEST BROADWAY AVE N
MINNEAPOLIS,MN55411 		81-1236990 501(C)(3) 40,305   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(57) ROSY SIMAS DANSE
2511 BRIGHTON AVE NE
MINNEAPOLIS,MN55413 		81-2281254 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(58) SABATHANI COMMUNITY CENTER
310 EAST 38TH STREET SUITE 200
MINNEAPOLIS,MN55409 		41-0984859 501(C)(3) 9,000   N/A N/A COVID RECOVERY GRANT
(59) SAHAN JOURNAL
370 WABASHA AT N STE 500
SAINT PAUL,MN55102 		83-2745995 501(C)(3) 33,188   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(60) SAINT PAUL NEIGHBORHOOD NETWORK
550 VANDALIA ST STE 170
SAINT PAUL,MN55101 		41-1500773 501(C)(3) 10,500   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT
(61) SCIENCE AND SOCIAL STUDIES ADVENTURES
7794 YUCCALANE N
MAPLE GROVE,MN55311 		84-4019919   11,707   N/A N/A FISCAL SPONSORSHIP GRANT
(62) SOMALI AMERICAN PARENT ASSOCIATION
1433 EAST FRANKLIN AVENUE SUITE 10
MINNEAPOLIS,MN55404 		26-3120451 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(63) SOMALI SUCCESS SCHOOL
2812 EAST 26TH STREET
MINNEAPOLIS,MN55406 		20-3021208 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(64) SOO VISUAL ARTS CENTER
2909 BRYANT AVE SOUTH STE 101
MINNEAPOLIS,MN55438 		41-1944443 501(C)(3) 8,000   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT
(65) TANKA FUND
287 WATER TOWER ROAD
KYLE,SD57752 		82-5315136 501(C)(3) 10,910   N/A N/A FISCAL SPONSORSHIP PROGRAM
(66) TEATRO DEL PUEBLO
209 PAGE STREET WEST
SAINT PAUL,MN55107 		41-1739320 501(C)(3) 28,460   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) & COVID RECOVERY GRANT
(67) TEATRO DEL PUEBLO TCTOCC
209 PAGE ST W SUITE 208
SAINT PAUL,MN55107 		41-1739320 501(C)(3) 81,000   N/A N/A FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC
(68) THE CEDAR CULTURAL CENTER INC
416 CEDAR AVE SOUTH
MINNEAPOLIS,MN55454 		41-1669156 501(C)(3) 10,500   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT
(69) THE JK MOVEMENT
631 UNIVERSITY AVENUE
SAINT PAUL,MN55104 		45-5052650 501(C)(3) 23,000   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP)
(70) THEATER MU INC
755 PRIOR AVE NORTH
SAINT PAUL,MN55104 		41-1727881 501(C)(3) 13,833   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(71) THEATER MU INC TCTOCC
755 PRIOR AVE NORTH
SAINT PAUL,MN55104 		41-1727881 501(C)(3) 63,000   N/A N/A FISCAL SPONSORSHIP PROGRAM - TWIN CITIES THEATER OF COLORS COALITION - TCTOCC
(72) TRANSFORMING GENERATIONS
550 RICE STREET
SAINT PAUL,MN55103 		84-2937278 501(C)(3) 12,000   N/A N/A COVID RECOVERY GRANT
(73) TRANSMISSION MINISTRY COLLECTIVE
2124 COMO AVENUE
SAINT PAUL,MN55108 		84-4915474   9,591   N/A N/A FISCAL SPONSORSHIP PROGRAM
(74) TU DANCE
2121 UNIVERSITY AVE WEST
SAINT PAUL,MN55104 		20-2534129 501(C)(3) 10,500   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(75) VIETNAMESE SOCIAL SERVICES OF MINNESOTA
277 UNIVERSITY AVE WEST
SAINT PAUL,MN55103 		36-3532232 501(C)(3) 9,000   N/A N/A COVID RECOVERY GRANT
(76) VOICES FOR RACIAL JUSTICE
2525 E FRANKLIN AVE STE 301
MINNEAPOLIS,MN55406 		41-1750116 501(C)(3) 12,500   N/A N/A FAMILY ENGAGEMENT GRANT
(77) WALKER WEST MUSIC ACADEMY
760 SELBY AVE
SAINT PAUL,MN55104 		41-1678368 501(C)(3) 13,833   N/A N/A LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM
(78) WE WIN INSTITUTE INC
3751 17TH AVE SOUTH
MINNEAPOLIS,MN55407 		41-1820991 501(C)(3) 12,500   N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP) - CAPACITY BUILDING GRANT
(79) ZAMYA THEATER PROJECT
3501 CHICAGO AVE S
MINNEAPOLIS,MN55407 		83-2374869   103,148   N/A N/A FISCAL SPONSORSHIP PROGRAM
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
67
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
13
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2020

Schedule I (Form 990) 2020
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: GRANTS ARE MADE TO CLIENT PARTICIPANTS IN OUR SOCIAL ENTERPRISE COHORT, EQUITY BUILDER LOAN PROGRAM, FISCAL SPONSORSHIP PROGRAM, AND NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP). IN ALL FOUR OF THESE PROGRAMS, CLIENTS MUST APPLY AND ARE VETTED FOR FIT AND PROBABLE SUCCESS. FOR CLIENTS THAT ARE GRANTEES IN THE SOCIAL ENTERPRISE COHORT AND EQUITY BUILDER LOAN PROGRAM, THE GRANTEE MUST BE ACTIVELY PARTICIPATING IN THE PROGRAM, ATTENDING REQUIRED MEETINGS AND TRAININGS, AND MEETING MINIMUM PROGRAMMATIC AND FINANCIAL THRESHOLDS. OUR PROGRAM STAFF ARE IN CONSTANT CONTACT WITH THE CLIENT PARTICIPANTS AND MONITOR THEIR PROGRESS. EACH APPLICANT TO THE FISCAL SPONSORSHIP PROGRAM APPLIES AND IS VETTED BY A COMMITTEE OF BOARD, STAFF, AND COMMUNITY MEMBERS. ONCE ACCEPTED AS A FISCALLY SPONSORED CLIENT, MOST OF THESE CLIENTS HAVE ENGAGED PROPEL NONPROFITS TO PROVIDE ONGOING PROGRAM AND ACCOUNTING SUPPORT. GRANTEES OF THE NIGP APPLIED TO AND WERE ACCEPTED BY A COMMITTEE OF COMMUNITY REPRESENTATIVES. FOR BOTH THE FISCAL SPONSORSHIP PROGRAM AND THE NIGP, GRANTEES ARE CONSTANTLY MONITORED AND SUPPORTED. PROGRAM ACTIVITIES INCLUDE A WIDE VARIETY OF OFFERINGS, INCLUDING THE FOLLOWING: SUPPORT FOR ORGANIZATIONAL REQUIREMENTS DURING ONBOARDING; ACCESS TO NO COST OR DISCOUNTED TRAINING; GUIDANCE ON FINANCIAL MANAGEMENT, GOVERNANCE, AND STRATEGY; NO COST OR DISCOUNTED CONSULTING SERVICES; INVITATIONS TO PARTICIPATE IN PEER LEARNING; AND ADDITIONAL TECHNICAL ASSISTANCE PROVIDED BY PROPEL NONPROFITS STAFF.
Schedule I (Form 990) 2020



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Graphic Arrow Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Graphic Arrow Attach to Form 990.
Graphic Arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2020

Schedule J (Form 990) 2020
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1KATE BARR
PRESIDENT AND CEO 		(i)

(ii)		 183,821
-------------
0 		0
-------------
0 		0
-------------
0 		9,091
-------------
0 		14,311
-------------
0 		207,223
-------------
0 		0
-------------
0
2JANET OGDEN-BRACKETT
VICE PRESIDENT OF PROGRAMS 		(i)

(ii)		 118,832
-------------
0 		0
-------------
0 		0
-------------
0 		4,227
-------------
0 		11,007
-------------
0 		134,066
-------------
0 		0
-------------
0
Schedule J (Form 990) 2020

Schedule J (Form 990) 2020
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 4A JANET OGDEN-BRACKETT - EMPLOYMENT TERMINATED - SEVERANCE PAYMENT MADE - $53,750
Schedule J (Form 990) 2020

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 4 THE AMENDMENTS TO THE CORPORATION'S BYLAWS MADE THE FOLLOWING CHANGES: TERMINATED THE RELATIONSHIP WITH THE MINNEAPOLIS FOUNDATION ALONG WITH THEIR POWER TO ELECT THE MAJORITY OF THE DIRECTORS ON THE BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR'S TITLE WAS CHANGED TO PRESIDENT. THE FINANCE COMMITTEE WAS DISTINCTLY IDENTIFIED TO PROVIDE OVERSIGHT FOR THE CORPORATION'S ACCOUNTING AND FINANCIAL CONDITIONS. SEVERAL ADDITIONAL FINANCIAL POWERS OF THE BOARD WERE DEFINED SUCH AS THE POWER TO MAKE GIFTS, THE POWER TO ENTER INTO AND PERFORM CONTRACTS, THE POWER TO AUTHORIZE THE TITLE OF PROPERTY TO THE ORGANIZATION, AND THE POWER TO APPROVE AN ANNUAL BUDGET OF THE COPRORATION.
FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS OF PROPEL NONPROFITS ARE RECRUITED AND SELECTED BY THE BOARD OF PROPEL NONPROFITS. IN AN ARRANGEMENT THAT REPRESENTS ITS HISTORICAL ORIGINS AND ITS CURRENT CORPORATE STRUCTURE AS A SUBSIDIARY, A BARE MAJORITY OF THE PROPEL NONPROFITS BOARD MEMBERS ARE PRESENTED TO AND FORMALLY ELECTED BY THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION. THIS RELATIONSHIP ENDED IN JANUARY 2021.
FORM 990, PART VI, SECTION A, LINE 7B GIVEN THAT PROPEL NONPROFITS IS A SUBSIDIARY ORGANIZATION OF THE MINNEAPOLIS FOUNDATION, AND ACCORDING TO THE BYLAWS OF PROPEL NONPROFITS, THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY AT ANY TIME REMOVE A DIRECTOR OF THE BOARD OF PROPEL NONPROFITS THAT THE MINNEAPOLIS FOUNDATION HAS ELECTED TO THE PROPEL NONPROFITS BOARD. THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY ALSO APPOINT A DIRECTOR TO FILL ANY VACANCY OF A PROPEL NONPROFITS BOARD MEMBER FORMALLY ELECTED BY THE MINNEAPOLIS FOUNDATION IN THE EVENT OF A VACANCY CAUSED BY DEATH, RESIGNATION, OR REMOVAL. THIS RELATIONSHIP ENDED IN JANUARY 2021.
FORM 990, PART VI, SECTION B, LINE 11B THE AUDITED FINANCIAL STATEMENTS ON WHICH THE FORM 990 IS BASED, ARE PRESENTED TO THE FINANCE COMMITTEE BY THE AUDITORS. THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE A DRAFT WAS AVAILABLE, THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12 THE PROPEL NONPROFITS CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. EACH STAFF MEMBER IS REQUIRED TO DISCLOSE ANY DUALITIES OF INTEREST IN WRITING. NEW EMPLOYEES AND BOARD MEMBERS REVIEW THE POLICY AND DISCLOSE ANY DUALITIES OF INTEREST IN WRITING UPON FIRST JOINING THE STAFF OR BOARD. IN THE COURSE OF BUSINESS, IF AND WHEN A RELEVANT DUALITY OF INTEREST ARISES, THE EMPLOYEE OR BOARD MEMBER DISCLOSES IT VERBALLY AND IS RECUSED FROM ANY DECISION-MAKING ROLE RELATED TO THE DUAL INTEREST.
FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE PROPEL NONPROFITS' BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ANNUALLY THE PERFORMANCE AND SALARY OF THE PRESIDENT AND CEO. BASED ON THE REVIEW, THE COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT AND CEO. IN ITS SALARY DETERMINATION, THE COMMITTEE ENGAGES AN HR COMPENSATION CONSULTANT, CONSIDERS SALARIES OF CEO'S IN PEER ORGANIZATIONS WITH COMPARABLE EXPERIENCE, CONSULTS SURVEY DATA OF NONPROFIT EXECUTIVES, AND REVIEWS THE HISTORY OF THE PRESIDENT AND CEO'S COMPENSATION. THE PRESIDENT AND CEO'S SALARY WAS LAST REVIEWED IN FALL 2019. NO CHANGES TO THE PRESIDENT AND CEO'S SALARY HAVE OCCURRED SINCE THAT TIME.
FORM 990, PART VI, SECTION C, LINE 19 PROPEL NONPROFITS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE UPON REQUEST. PROPEL NONPROFITS' GOVERNING DOCUMENTS INCLUDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND IRS FORM 1023. PROPEL NONPROFITS FINANCIAL STATEMENTS, ANNUAL REPORTS, AND QUARTERLY INVESTOR REPORTS ARE AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. PROPEL NONPROFITS FINANCIAL STATEMENTS INCLUDE ITS AUDITED FINANCIAL STATEMENTS, SINGLE AUDIT (WHEN REQUIRED), AND IRS FORM 990 INCLUDING SCHEDULES AND ATTACHMENTS.
FORM 990, ITEM B: THE FOLLOWING CHANGES HAVE BEEN MADE TO THE AMENDED 990: THERE WAS A $608,000 INCREASE IN CONTRIBUTION REVENUE. THIS INCREASED THE FOLLOWING LINE NUMBERS BY THIS AMOUNT: FORM 990, ITEM G; FORM 990 PART I, LINES 8/12/18; FORM 990, PART VIII, LINE 1F; FORM 990, PART XI, LINES 1/3/10 SCHEDULE A, PART II, LINES 1E&F/4E&F/7E&F/11; & SCHEDULE D, PART XI, LINES 1/3/5. THERE WAS ALSO A CORRESPONDING $608,000 INCREASE IN PLEDGES RECEIVABLE. THIS INCREASED THE FOLLOWING LINE NUMBERS BY THIS AMOUNT: FORM 990, PART I, LINES 20/22; FORM 990, PART X, LINES 3/16/28/32/33. THE PRINCIPAL OFFICER OF THE RETURN WAS UPDATED FROM PROPEL NONPROFITS TO KATE BARR ON FORM 990, ITEM F. ON FORM 990, PART II, THE PAID PREPARER OF THE RETURN WAS CHANGED TO CLIFTONLARSONALLEN WITH THE SIGNER BEING DEIRDRE HODGSON. FORM 990, PART VI, LINE 4 WAS CHECKED YES AND UPDATED WITH THE FOLLOWING NARRATIVE: "THE AMENDMENTS TO THE CORPORATION'S BYLAWS MADE THE FOLLOWING CHANGES: TERMINATED THE RELATIONSHIP WITH THE MINNEAPOLIS FOUNDATION ALONG WITH THEIR POWER TO ELECT THE MAJORITY OF THE DIRECTORS ON THE BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR'S TITLE WAS CHANGED TO PRESIDENT.THE FINANCE COMMITTEE WAS DISTINCTLY IDENTIFIED TO PROVIDE OVERSIGHT FOR THE CORPORATION'S ACCOUNTING AND FINANCIAL CONDITIONS.SEVERAL ADDITIONAL FINANCIAL POWERS OF THE BOARD WERE DEFINED SUCH AS THE POWER TO MAKE GIFTS, THE POWER TO ENTER INTO AND PERFORM CONTRACTS, THE POWER TO AUTHORIZE THE TITLE OF PROPERTY TO THE ORGANIZATION, AND THE POWER TO APPROVE AN ANNUAL BUDGET OF THE COPORATION. " FORM 990, PART VI, LINE 7A WAS CHECKED YES AND UPDATED WITH THE FOLLOWING NARRATIVE: "BOARD MEMBERS OF PROPEL NONPROFITS ARE RECRUITED AND SELECTED BY THE BOARD OF PROPEL NONPROFITS. IN AN ARRANGEMENT THAT REPRESENTS ITS HISTORICAL ORIGINS AND ITS CURRENT CORPORATE STRUCTURE AS A SUBSIDIARY, A BARE MAJORITY OF THE PROPEL NONPROFITS BOARD MEMBERS ARE PRESENTED TO AND FORMALLY ELECTED BY THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION." THIS RELATIONSHIP ENDED IN JANUARY 2021. FORM 990, PART VI, LINE 7B WAS CHECKED YES AND UPDATED WITH THE FOLLOWING NARRATIVE: "GIVEN THAT PROPEL NONPROFITS IS A SUBSIDIARY ORGANIZATION OF THE MINNEAPOLIS FOUNDATION, AND ACCORDING TO THE BYLAWS OF PROPEL NONPROFITS, THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY AT ANY TIME REMOVE A DIRECTOR OF THE BOARD OF PROPEL NONPROFITS THAT THE MINNEAPOLIS FOUNDATION HAS ELECTED TO THE PROPEL NONPROFITS BOARD. THE BOARD OF TRUSTEES OF THE MINNEAPOLIS FOUNDATION MAY ALSO APPOINT A DIRECTOR TO FILL ANY VACANCY OF A PROPEL NONPROFITS BOARD MEMBER FORMALLY ELECTED BY THE MINNEAPOLIS FOUNDATION IN THE EVENT OF A VACANCY CAUSED BY DEATH, RESIGNATION, OR REMOVAL." THIS RELATIONSHIP ENDED IN JANUARY 2021. FORM 990, PART VI, LINE 11B WAS UPDATED WITH THE FOLLOWING NARRATIVE: "THE AUDITED FINANCIAL STATEMENTS ON WHICH THE FORM 990 IS BASED, ARE PRESENTED TO THE FINANCE COMMITTEE BY THE AUDITORS. THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE A DRAFT WAS AVAILABLE, THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO FILING." FORM 990, PART VI, LINE 12C WAS CHECKED YES AND UPDATED WITH THE FOLLOWING NARRATIVE: "THE PROPEL NONPROFITS CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. EACH STAFF MEMBER IS REQUIRED TO DISCLOSE ANY DUALITIES OF INTEREST IN WRITING. NEW EMPLOYEES AND BOARD MEMBERS REVIEW THE POLICY AND DISCLOSE ANY DUALITIES OF INTEREST IN WRITING UPON FIRST JOINING THE STAFF OR BOARD. IN THE COURSE OF BUSINESS, IF AND WHEN A RELEVANT DUALITY OF INTEREST ARISES, THE EMPLOYEE OR BOARD MEMBER DISCLOSES IT VERBALLY AND IS RECUSED FROM ANY DECISION-MAKING ROLE RELATED TO THE DUAL INTEREST." SCHEDULE A, PART II HAD CHANGES TO LINES 5 & 14 DUE TO CALCULATION CHANGES DUE TO THE CHANGE IN CONTRIBUTION REVENUES. SCHEDULE B HAD A CONTRIBUTOR INCREASE THEIR CONTRIBUTIONS FROM $330,000 TO $538,000. SCHEDULE B HAD A CONTRIBUTOR INCREASE THEIR CONTRIBUTIONS FROM $100,000 TO $500,000. SCHEDULE R, PART II WAS ADDED TO RECOGNIZE PROPEL NONPROFIT IS A RELATED ORGANIZATION WITH THE MINNEAPOLIS FOUNDATION. SCHEDULE R, PART II IDENTIFIED THE MINNEAPOLIS FOUNDATION AS A RELATED ORG AND GAVE THEIR EIN & ADDRESS, SET THEIR PRIMARY ACTIVITY TO PHILANTHROPY, LEGAL DOMICILE TO MINNESOTA, IDENTIFIED THE IRC CODE AS A 501(3) WITH A CHARITY STATUS OF 7, NO CONTROLLING ENTITY AND NO TO BEING A SECTION 512(B)(13) ENTITY. THIS RELATIONSHIP WAS TERMINATED IN JANUARY 2021. SCHEDULE R, PART V, LINE 1 IDENTIFIES THE TYPES OF TRANSACTIONS THAT TOOK PLACE BETWEEN PROPEL NONPROFIT AND THE MINNEAPOLIS FOUNDATION: LINE 1C WAS CHECKED YES TO IDENTIFY GIFTS, GRANTS, OR CAPITAL CONTRIBUTIONS WERE MADE FROM THE MINNEAPOLIS FOUNDATION; LINE 1E WAS CHECKED YES TO IDENTIFY LOANS OR LOAN GUARANTEES WERE MADE FROM THE MINNEAPOLIS FOUNDATION; & LINE 1P WAS CHECKED YES TO IDENTIFY REIMBURSEMENTS WERE PAID TO THE RELATED ORGANIZATION FOR EXPENSES. THIS RELATIONSHIP WAS TERMINATED IN JANUARY 2021. SCHEDULE R, PART V, LINE 2 IDENTIFIES THE MINNEAPOLIS FOUNDATION MADE GRANTS, GIFTS, OR CAPITAL CONTRIBUTIONS TOTALING $56,250 DURING THE YEAR. THIS RELATIONSHIP WAS TERMINATED IN JANUARY 2021.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
PROPEL NONPROFITS
 
Employer identification number

41-1916337
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)THE MINNEAPOLIS FOUNDATION
80 SOUTH 8TH STREET IDS CENTER 800

MINNEAPOLIS,MN55402
41-6029402 		PHILANTHROPY MN 501(C)(3) LINE 7 N/A
 
No












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2020
Schedule R (Form 990) 2020
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No












Schedule R (Form 990) 2020
Schedule R (Form 990) 2020
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
Yes
 
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) THE MINNEAPOLIS FOUNDATION

 C 56,250 CASH RECEIVED





Schedule R (Form 990) 2020
Schedule R (Form 990) 2020
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2020
Schedule R (Form 990) 2020
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2020

Additional Data


Software ID:  
Software Version: