SOCIAL ENTREPRENEURS OF NEW ORLEANS

NEW ORLEANS, LA, 70125-2935 (504) 322-3282 Est. 2008 EIN 26-3223585
P20 - Human Service Organizations 990 - Public charity return 501(c)(3)
www.gopropeller.org

Mission

PROPELLER GROWS AND SUPPORTS ENTREPRENEURS TO TACKLE SOCIAL AND ENVIRONMENTAL DISPARITIES. OUR VISION IS AN INCLUSIVE AND THRIVING ENTREPRENEURIAL ECOSYSTEM IN NEW ORLEANS THAT RESPONDS TO COMMUNITY NEEDS AND CREATES THE CONDITIONS FOR AN EQUITABLE FUTURE.

Giving Portfolio

Total Grants
6
Total Giving
$726K
Recipients
6
Years Active
2022 - 2024
Avg grant: $121,079 Median: $132,084

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$526K $175K21
20223$200K $67K30

Sectors Funded

Human Services
2
Community Improvement
1
Education
1

Top States

Louisiana
6

Grantee Size Profile

$1M - $5M
2
Over $50M
1
$500K - $1M
1

Top Grantees

LA - 2 grants
$294K
$194K
FUND 17
LA
$70K

Grants Awarded · 5 grants

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Financials

Total Revenue
$2,597,997
Total Expenses
$2,689,892
Net Assets
$3,279,944
16 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
14.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 24.2%
Expenses ↑ 22.2%
Revenue Sources
Contributions 82.3% Investment 2.0% Other 16.0%
Expense Breakdown
Program 70.9% Management 17.0% Fundraising 12.2%

Officers & Trustees (15)

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Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,597,997 ↓$2,689,892$3,279,944
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$3,428,613 ↑$2,200,758$3,371,839
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,230,470 ↑$1,981,751$2,143,984
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,172,979 $1,606,298$2,009,605

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EIN: 26-3223585 · Source: IRS Form 990 e-file data