Principle Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,214,550 | 1,237,588 | 1,976,962 | 23.0 | 13% |
| 2012 | 696,672 | 1,297,252 | −600,580 | 17.0 | 17% |
| 2013 | 714,952 | 983,895 | −268,943 | 21.8 | 16% |
| 2014 | 956,537 | 745,821 | 210,716 | 29.9 | 25% |
| 2015 | 523,439 | 810,699 | −287,260 | 23.0 | 22% |
| 2016 | 448,368 | 833,700 | −385,332 | 17.0 | 28% |
| 2017 | 29,628,379 | 6,240,352 | 23,388,027 | 47.5 | 5% |
| 2018 | 7,535,910 | 6,476,964 | 1,058,946 | 5.3 | 9% |
| 2019 | 1,977,783 | 1,941,507 | 36,276 | 20.8 | 37% |
| 2020 | 2,943,151 | 2,828,234 | 114,917 | 14.6 | 33% |
| 2021 | 4,237,662 | 2,156,458 | 2,081,204 | 31.9 | 39% |
| 2022 | 2,653,917 | 2,841,160 | −187,243 | 21.1 | 35% |
| 2023 | 2,719,487 | 2,832,612 | −113,125 | 22.3 | 41% |
In its most recent public year (2023), this organization spent $113,125 more than it brought in. Its reserves stood at about 22.3 months of spending. Staff pay was 41% of spending. $156,774 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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