2024-05-15T10:50:43-05:00 2023-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-07-01 474045034 Propel Education % BING EDWARDS PROP 2055471800 1914 4TH AVENUE NORTH Suite 200 BIRMINGHAM AL 35203 MYLA CALHOUN CEO 2055471800 2024-05-15 true MYLA CALHOUN 999009999 SABRE J LINAHAN P01372980 4048746244 2024-05-15 2022 2023-04-26 12:10:37Z Ed Farm MYLA CALHOUN 1914 4TH AVENUE NORTH200 BIRMINGHAM AL 35203 12655421 false X EDFARM.ORG X 2015 AL EDUCATION FARM ("ED FARM") EQUIPS EDUCATORS IN SCHOOLS AND COMMMUNITIES WITH INNOVATIVE TOOLS THAT SUPPORT ACTIVE LEARNING FOR ALL STUDENTS. 6 6 95 6 0 179994 11585808 541629 950454 9647 119159 0 0 731270 12655421 925843 1457077 0 0 3444245 7465688 0 0 257252 4445610 8945436 8815698 17868201 -8084428 -5212780 32212884 32011290 3140338 8151524 29072546 23859766 X PROPEL EDUCATION (D/B/A "ED FARM") EQUIPS EDUCATORS IN SCHOOLS AND COMMMUNITIES WITH INNOVATIVE TOOLS AND STRATEGIES THAT SUPPORT ACTIVE LEARNING FOR ALL STUDENTS. PROPEL HAS A MISSION TO PROVIDE HBCU STUDENTS WITH THE KNOWLEDGE, SKILLS, TOOLS AND RESOURCES NECESSARY TO TRANSFORM OUR NATION'S TALENT PIPELINE AND WORKFORCE. ED FARMS PROVIDES PLACE-BASED AND VIRTUAL INSTRUCTIONAL SERVICES, RESOURCES, TECHNOLOGY AND WORKFORCE READINESS TRAINING TO INDIVIDUALS OF ALL AGES. PROGRAMS ARE INTENDED FOR K-12 EDUCATORS & STUDENTS, COLLEGE STUDENTS, FACULTY & STAFF, UN- OR UNDER-EMPLOYED ADULT LEARNERS, AS WELL AS EDUCATION TECHNOLOGY INNOVATORS AND ENTREPRENEURS. PROPEL CONNECTS HBCU STUDENTS WITH INDUSTRY PARTNERS. false false 5334716 585893 K-12 EDUCATIONAL SUPPORT: TEACHER FELLOWS PROGRAM: SCHOOL DISTRICT LEADERS AND ADMINISTRATORS PARTNER WITH ED FARM TO IDENTIFY EDUCATORS WHO ARE PASSIONATE ABOUT INNOVATIVE TEACHING AND LEARNING. THESE EDUCATORS FORM AN ANNUAL COHORT KNOWN AS "TEACHER FELLOWSED FARM EQUIPS THEM WITH INNOVATIVE RESOURCES AND TEACHING STRATEGIES THAT SUPPORT ACTIVE LEARNING FOR ALL STUDENTS. TEACHER FELLOWS ALSO COLLABORATE WITH ONE ANOTHER AND PROVIDE PROFESSIONAL LEARNING EXPERIENCES FOR OTHER TEACHERS IN THEIR SCHOOLS AND DISTRICTS. STUDENT FELLOWS PROGRAM: MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATE IN YEAR-LONG, CHALLENGE-BASED LEARNING EXPERIENCES DESIGNED TO SOLVE REAL COMMUNITY PROBLEMS. AT THE BEGINNING OF EACH EXPERIENCE, COMMUNITY LEADERS IDENTIFY A CHALLENGE AND INVITE STUDENT FELLOWS TO SOLVE IT DURING THE SCHOOL YEAR. STUDENTS WORK TOGETHER TO INVESTIGATE THE CHALLENGE, BUILD DIGITAL SKILLS AND CREATE ACTIONABLE SOLUTIONS. STUDENT FELLOWS PRESENT THEIR SOLUTIONS TO THE COMMUNITY AT THE END OF THE YEAR. 223952 1422076 364561 COMMUNITY DIGITAL SKILLS GRANTS: FUNDS 'KIDS CODING'BIRMINGHAM CAN CODE' PROGRAMS WHICH ENCOURAGE, INSPIRE AND IGNITE CHILDREN AND ADULTS TO DISCOVER AND EXPLORE TECHNOLOGY, LEARN TO CODE AND PURSUE STEM CAREERS. GRANTS SERVE TO HELP ED FARM ACHIEVE ITS GOALS OF EXPANDING THE REGION'S TECHNOLOGY ECOSYSTEM. PATHWAYS: FREE COURSES FOR ADULT LEARNERS THAT TEACHES DIGITAL SKILLS, APP CODING, EMPLOYABILITY SKILLS AND POST-SECONDARY CREDENTIAL ATTAINMENT. 9145180 35000 PROPEL: PROPEL CENTER IS IN THE PLANNING PHASES. IT IS A PHYSICAL AND VIRTUAL CAMPUS TO PROVIDE HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCU) WITH SHARED SERVICES TO SUPPORT THEIR WORK OF PREPARING LEADERS WHO IMPROVE OUR WORLD. VIA A PHYSICAL CAMPUS AND DIGITAL LEARNING TOOLS, STUDENTS FROM ALL 101 HBCUS WILL CONNECT WITH THE BRIGHTEST MINDS IN THE WORLD, BE GIVEN GLOBAL OPPORTUNITIES AND DEVELOP INTO CIVIC-MINDED LEADERS AND ENTREPRENEURS. 476455 15180303 true true false true false false false false true true false false true true true false true false false false false false false false false false true true true false false false false false false false false true false false false true false false false true 148 0 95 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false X BING EDWARDS 2059187515 2021 MORRIS AVE 200 BIRMINGHAM AL 35203 SHERRIE DEANS CHIEF OPERATING OFFICER 40.0 0.0 X 603185 0 12200 WAYMOND JACKSON PRESIDENT 40.0 0.0 X 338568 0 0 JUANITA REYNOLDS SENIOR VICE PRESIDENT 40.0 0.0 X 294941 0 8297 CHARLES GIBBS PRESIDENT OF HBCU CONSORTIUM 40.0 0.0 X 281468 0 21127 HAE-SIN KIM THOMAS PRESIDENT OF PATHWAYS 40.0 0.0 X 246100 0 22040 CORTNEY HARRIS SVP OF IMPACT & PROGRAMS 40.0 0.0 X 183364 0 10903 LISA DOYLE VP OF FINANCE 40.0 0.0 X 161936 0 11328 JULIE SILLS MOLLOCK CHIEF DEVELOPMENT OFFICER 40.0 0.0 X 164219 0 6321 LIGE SHAO VP OF GROWTH 40.0 0.0 X 155996 0 6404 EUGENE WADE CEO 40.0 0.0 X 53959 0 0 ANTHONY ONI CHAIRMAN 1.0 0.0 X X 0 0 0 JAY BRANDRUP TREASURER 1.0 0.0 X X 0 0 0 JOHN HUDSON DIRECTOR 1.0 0.0 X 0 0 0 LAMELL MCMORRIS DIRECTOR 1.0 0.0 X 0 0 0 MYLA CALHOUN DIRECTOR 1.0 0.0 X 0 0 0 NICHOLE FRANCIS-REYNOLDS DIRECTOR 1.0 0.0 X 0 0 0 2483736 0 98620 20 false true false 0 2470641 9115167 205680 11585808 SERVICE FEE INCOME 611740 950454 950454 950454 119159 119159 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12655421 950454 119159 1012288 1012288 444789 444789 0 0 1230582 1059610 143145 27827 0 5225630 4499601 607860 118169 74167 63863 8627 1677 523871 451087 60938 11846 411438 354274 47860 9304 0 1001025 1001025 43386 43386 24000 24000 0 0 1072749 756028 255332 61389 1235571 1206699 11550 17322 76977 51733 24465 779 423938 342895 81043 0 592409 592383 26 709210 672971 29798 6441 0 813990 785054 28936 0 0 503944 453550 50394 0 PROGRAM, PRODUCT DESIGN & DEV 1679517 1679406 111 SCHOOL IMPROVEMENTS 591710 591710 INSTRUCTIONAL DEVICES & EQUIP 177010 162362 12150 2498 17868201 15180303 2430646 257252 17732503 18537778 0 0 7500000 0 1213385 830294 0 0 0 0 0 0 0 0 74317 19650 7078205 1089583 5192679 5988622 0 0 0 0 0 0 0 0 500000 6634946 32212884 32011290 3040690 1787937 0 0 0 0 0 0 0 0 0 0 0 0 0 0 99648 6363587 3140338 8151524 X 1988314 1264803 27084232 22594963 29072546 23859766 32212884 32011290 -5212780 X false true X true false X 1169540 6199352 43258723 179994 11585808 62393417 0 0 1169540 6199352 43258723 179994 11585808 62393417 46943150 15450267 184 418 14778 9647 119159 144186 0 0 0 691780 541629 950454 2183863 64721466 0.23872 0.21590 X SCHEDULE A, PART II, LINE 17A WHILE ED FARM FAILED TO MEET THE MECHANICAL "ONE-THIRD OF SUPPORT" TEST IN FY23, IT CLEARLY SATISFIED THE ALTERNATIVE "FACTS AND CIRCUMSTANCES" TEST OUTLINED IN 1.170A-9(F)(3) OF THE TREASURY REGULATIONS. SPECIFICALLY, THE TWO REQUIRED FACTORS ARE PRESENT IN THIS CASE: 1. THE ORGANIZATION MUST RECEIVE AT LEAST 10% OF ITS SUPPORT IN THE FORM OF PUBLIC SUPPORT. AS NOTED IN SCHEDULE A TO FORM 990, IN FY23 THE FOUNDATION RECEIVED APPROXIMATELY 23.87% OF ITS TOTAL SUPPORT IN THE FORM OF PUBLIC SUPPORT - AN AMOUNT FAR IN EXCESS OF THE 10% THRESHOLD. 2. THE ORGANIZATION MUST HAVE AN ACTIVE "CONTINUOUS AND BONA FIDE" FUNDRAISING PROGRAM DESIGNED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. ED FARM'S STRATEGY FOR PUBLIC SUPPORT IS OUTLINED BELOW: ED FARM IS ACTIVELY SEEKING A VICE PRESIDENT OF FUNDRAISING. THE COMPANY HAS ENGAGED A RECRUITING FIRM TO ASSIST IN IDENTIFYING QUALIFIED CANDIDATES AND HAS INTERVIEWED SEVERAL INDIVIDUALS. AS THE COMPANY CONTINUES TO MATURE, THE PROPEL PROGRAM IS MOVING BEYOND THE PLANNING STAGES INTO AN ACTUAL IMPACTFUL PRODUCT WHICH WILL BE A POWERFUL TOOL FOR THE NEW VICE PRESIDENT OF FUNDRAISING TO USE WHEN SEEKING NEW DONORS. WHILE ED FARM CONTINUES TO SEARCH FOR A VICE PRESIDENT OF FUNDRAISING, THE COMPANY HAS ENGAGED AN INDIVIDUAL TO WORK ON A CONSULTING BASIS TO ASSIST IN FUNDRAISING AND HELP FILL THE VOID. IN ADDITION, ED FARM CONTINUES TO APPLY FOR AND BE AWARDED WITH SOME FEDERAL AND LOCAL GRANT FUNDING. FINALLY, ED FARM HAS ESTABLISHED AN ACCOUNT ON THE FUNDRAISE UP PLATFORM AND HAS RECENTLY RECEIVED THE FIRST DONATION VIA THE PLATFORM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 24000 24000 false SCHEDULE C, PART II-B, LINE 1G LOBBYING EXPENSES WERE SPENT TO PROMOTE THE DEVELOPMENT OF ED FARM AND THE PROPEL CENTER TO RELEVANT FEDERAL AUTHORITIES AND PARTNERS IDENTIFIED BY ED FARM, LOBBY THE OFFICE OF THE PRESIDENT, OFFICE OF THE VICE PRESIDENT AND SENIOR AUTHORITIES TO SUPPORT AND PRIORITIZE THE DEVELOPMENT OF ED FARM, THE PROPEL CENTER AND OTHER ORGANIZATIONAL MATTERS IDENTIFIED BY ED FARM AND LOBBY THE FEDERAL LEGISLATURE, DEPARTMENTS OF AGRICULTURE, LABOR, EDUCATION, TREASURY AND OTHER FEDERAL BODIES AND AGENCIES TO PARTNER WITH AND PRIORITIZE THE DEVELOPMENT OF ED FARM, THE PROPEL CENTER AND OTHER ORGANIZATIONAL MATTERS IDENTIFIED BY ED FARM. 27084232 11221745 15711014 22594963 34913201 154969 7983938 27084232 4225500 42048607 11360906 34913201 661304 5215225 1651029 4225500 0 956000 294696 661304 1.00000 false false 1636148 1014166 621982 5442057 75417 5366640 5988622 INVESTMENTS 500000 LEASE ASSETS 6134946 6634946 0 LEASE LIABILITY 6363587 6363587 X SCHEDULE D, PART V Certain donor restricted net assets have been utilized for construction in progress and will be released from restrictions upon the assets being placed in service and are not included the financial assets or the donor restricted net assets above. Furthermore, the donor restricted net assets not already utilized in construction in progress are generally available to be used in its programs for the Organization's programs in 2024. As part of the organization's liquidity management, it has a policy to structure its financial assets to be available as its general expenditures, liabilities and other obligations come due. The Organization is highly dependent on meeting conditions on its conditional grant and receiving continued funding from a few large donors to be able to meet its obligations and continue operating its programs. SCHEDUE D, PART X, LINE 2 THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE JUNE 30, 2020. true THE CHEYNEY FOUNDATION 108 SOUTH FRONT STREET PHILADELPHIA PA 19106 237148064 501(C)(3) 200000 PROGRAM SUPPORT VIRGINIA STATE UNIVERSITY FOUNDATION PO BOX 9027 PETERSBURG VA 23806 546074532 501(C)(3) 200000 PROGRAM SUPPORT HARRIS-STOWE FOUNDATION INC 3026 LACLEDE AVE ST LOUIS MO 63103 431631601 501(C)(3) 200000 PROGRAM SUPPORT THE MOREHOUSE SCHOOL OF MEDICINE INC 720 WESTVIEW DR SW ATLANTA GA 30310 581438873 501(C)(3) 200000 PROGRAM SUPPORT COMMUNITY FOUNDATION OF THE EASTERN SHORE INC 1324 BELMONT AVE STE 401 SALISBURY MD 21804 521326014 501(C)(3) 200000 PROGRAM SUPPORT 5 SCHOLARSHIPS 100 35000 programming stipend 360909 interns 48879 PART I LINE 2 GRANT REQUEST REVIEW CONSISTING OF BOARD OVERSIGHT AND FINANCIAL CONTROLS TO ENSURE PROPER GRANT INVOICING AND PAYMENT DOCUMENTATION. X true true X X true false false false false false false true false WAYMOND JACKSON PRESIDENT 187828 150740 0 0 0 338568 0 LISA DOYLE VP OF FINANCE 144436 17500 0 4728 7222 173886 0 SHERRIE DEANS CHIEF OPERATING OFFICER 328878 0 274307 12200 469 615854 0 LIGE SHAO VP OF GROWTH 140996 0 15000 6404 402 162802 0 JUANITA REYNOLDS SENIOR VICE PRESIDENT 222641 0 72300 7997 833 303771 0 CHARLES GIBBS PRESIDENT OF HBCU CONSORTIUM 280968 500 0 0 21992 303460 0 HAE-SIN KIM THOMAS PRESIDENT OF PATHWAYS 245600 500 0 7161 15458 268719 0 CORTNEY HARRIS SVP OF IMPACT & PROGRAMS 182864 500 0 0 11583 194947 0 JULIE SILLS MOLLOCK CHIEF DEVELOPMENT OFFICER 164219 0 0 0 6838 171057 0 SCHEDULE J, PART I, LINE 3 THE BOARD OF DIRECTORS LOOKS AT THE CURRENT MARKET SALARY ANALYSIS FOR EACH OF THE OFFICERS IN THE ORGANIZATION AND MAKES RECOMMENDATIONS TO COMPENSATE THE EMPLOYEES ACCORDINGLY. SCHEDULE J, PART I, LINE 4A SHERRIE DEANS AND JUANITA REYNOLDS RECEIVED SEVERANCE PAYMENTS AFTER THEIR EMPLOYMENT ENDED. SCHEDULE J, PART I, LINE 7 BONUS PAYMENTS ARE AWARDED AND DETERMINED BY PERFORMANCE. X TECHNOLOGY DEVICES 2 205680 FMV false false false SCHEDULE M, PART I, COLUMN (B) THE AMOUNT IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY A THIRD-PARTY ACCOUNTING FIRM AND THE CURRENT OFFICERS OF THE ORGANIZATION. THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND IS AN AGENDA ITEM AT A REGULARLY SCHEDULED BOARD MEETING, OPEN FOR ANY DISCUSSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS ASKED TO RENEW THEIR POLICY ACKNOWLEDGEMENTS ONCE PER YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS LOOKS AT THE CURRENT MARKET SALARY ANALYSIS FOR EACH OF THE OFFICERS IN THE ORGANIZATION AND MAKES RECOMMENDATIONS TO COMPENSATE THE EMPLOYEES ACCORDINGLY. A THIRD-PARTY IS ALSO HIRED TO ADMINISTER PAYROLL AND HELP THE ORGANIZATION MAINTAIN EMPLOYEE COMPLIANCE STANDARDS. FORM 990, PART VI, SECTION C, LINE 18 INFORMATION WILL BE PROVIDED AFTER THE REQUEST IS REVIEWED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 IF A REQUEST IS MADE, THE BOARD OF DIRECTORS WILL REVIEW AND PROVIDE THE REQUESTED DOCUMENTS. PROPEL CENTER LLC 1914 4TH AVE N 200 BIRMINGHAM AL 35203 884156349 SUPPORT AL 0 0 ED FARM PROPEL BUILD LLC 1914 4TH AVE N 200 BIRMINGHAM AL 35203 920728658 SUPPORT AL 0 0 ED FARM ED FARM LLC 1914 4TH AVE N 200 BIRMINGHAM AL 35203 883507578 SUPPORT AL 0 0 ED FARM ED FARM OPERATIONS LLC 1914 4TH AVE N 200 BIRMINGHAM AL 35203 884114144 SUPPORT AL 0 0 ED FARM PROPEL HOLDINGS LLC 675 PONCE DE LEON AVE NE STE 223 ATLANTA GA 30308 921295207 SUPPORT GA 0 0 ED FARM PROPEL OPERATIONS LLC 675 PONCE DE LEON AVE NE STE 223 ATLANTA GA 30308 921178930 SUPPORT GA 0 0 ED FARM