Propl EIN 87-1457736

Propl

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Empowering leaders to improve education for millions of children in Latin America. For fiscal year 2025 it reported $743K in revenue, $1.1M in expenses, and $333K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Education
Location
Los Angeles, CA
Filings
4 on file (2022–2025)
Revenue
$743KFY2025
Expenses
$1.1M
Net assets
$333K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-1457736 Public charity (501(c)(3)) Los Angeles, CA Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering leaders to improve education for millions of children in Latin America.
Leadership
Maria Sierra Perea · Director and Chief Operating Officer · $135K
Money in and out
$743K revenue, $1.1M expenses
Bottom line
77% program efficiency
Where the money goes · FY2025
Total revenue
$743K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$333K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$313K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.17 Fundraising $0.06
Program efficiency
77%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
13.7mo
months of highly liquid reserves at operating expense rate▲ +30% vs prior filing year
Surplus margin
-42%
revenue over expenses, this year▼ -266% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$743K
FY2025▼ -24%
Expenses
$1.1M
FY2025▲ +45%
Total assets
$1.2M
FY2025▲ +89%
Total liabilities
$871K
FY2025
Total revenue
$743K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$333K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$313K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $812K of program spending, described in the organization's own filed words · FY2025.
01

We ran the Propel Impact Accelerator a 10-month program that provides grants mentorship and coaching to 10 social impact leaders in Latin America. The program enables organizations to design and implement digital solutions that strengthen their operations and scale their impact.

$365Kprogram expense
02

We delivered two 6-week virtual cohort-based programs helping 50 nonprofits strengthen their digital capabilities in impact measurement digital marketing and fundraising. The Propel Fellowship equips social impact organizations to leverage technology for greater reach and effectiveness.

$284Kprogram expense
03

We launched the Propel Nonprofit Academy offering 8 on-demand courses and live workshops that help nonprofit leaders build practical digital and AI skills. 700+ leaders have already been trained learning how to apply AI with clarity and purpose to strengthen their organizations.

$162Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPropl
EINHdr · item D87-1457736
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B01)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director and Chief Operating Officer
$134,769Pt VII · Sec A
Director and Chief Executive Officer
$130,081Pt VII · Sec A
Director and Vice President
$0Pt VII · Sec A
Director and Secretary
$0Pt VII · Sec A
Director and Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Maria Sierra Perea’s $135K as Director and Chief Operating Officer is at the 93rd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Maria Sierra Perea$134,769$126,619$112,000$82,639
Claudia Belmont$130,081$34,149$35,000$37,917
Vijay Raghunathan$70,000
Vijay Ragunathan$37,372

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$719K · 97%
Program service revenue$16K · 2%
Investment income$8K · 1%
Contributions & grants97%$719K
Program service revenue2%$16K
Investment income1%$8K
Total revenueLn 12$743K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.17 Fundraising $0.06
Program services77%$812K
Management & general17%$181K
Fundraising6%$63K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$871K
Total net assetsLn 32$333K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $1.1M
13.7 months
Where the money goes
Program services
Program services $812K · Total expenses $1.1M
77%
Management & General
Management & general $181K · Total expenses $1.1M
17%
Fundraising
Fundraising $63K · Total expenses $1.1M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $39K · Solicited contributions (3-yr avg) $788K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $719K · Total revenue $743K
97%
Government reliance
Government grants $0 · Total revenue $743K
0%
Earned-income share
Program service revenue $16K · Total revenue $743K
2%
Investment reliance
Investment income $8K · Total revenue $743K
+1%
Program self-sufficiency
Program service revenue $16K · Total expenses $1.1M
2%
Growth & trend
Revenue growth (YoY)
This year $743K · Prior year $974K
-24%
Net-asset trend (YoY)
End of year $333K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $743K · Expenses $1.1M
-42%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $333K · Total assets $1.2M
28%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.2M
97%
People & payroll
Highest Reported Total Compensation
Individual Maria Sierra Perea · Reported title Director and Chief Operating Officer · Highest reported compensation $135K · Total expenses $1.1M
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $280K · Total expenses $1.1M
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 17%
Fundraising cost ratio 9%
Revenue growth -24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$165K
Grants paid · 2 grants · $320K · 2024–2025
Resource Foundation INCNY · FY2025$160,000
Resource Foundation INCNY · FY2024$160,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$743K revenue · viewing · ⤓ 990 PDF
FY2024$974K revenue · ⤓ 990 PDF
FY2023$706K revenue · ⤓ 990 PDF
FY2022$418K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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