Principal Trust For Life Insurance Benefits For Employees
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,449,213 | 6,872,284 | −423,071 | 38.7 | 0% |
| 2012 | 6,604,819 | 6,777,747 | −172,928 | 39.0 | 0% |
| 2013 | 8,150,522 | 6,632,378 | 1,518,144 | 42.6 | 0% |
| 2014 | 8,865,876 | 6,880,229 | 1,985,647 | 44.5 | 0% |
| 2015 | 7,044,721 | 6,179,714 | 865,007 | 51.2 | 0% |
| 2016 | 9,405,013 | 7,344,734 | 2,060,279 | 46.5 | 0% |
| 2017 | 7,206,420 | 5,623,209 | 1,583,211 | 64.1 | 0% |
| 2018 | 7,784,674 | 6,940,245 | 844,429 | 53.4 | 0% |
| 2019 | 5,857,581 | 6,694,827 | −837,246 | 53.8 | 0% |
| 2020 | 7,589,997 | 6,713,413 | 876,584 | 55.2 | 0% |
| 2021 | 9,538,284 | 8,467,462 | 1,070,822 | 45.3 | 0% |
| 2022 | 8,701,370 | 9,638,797 | −937,427 | 38.6 | 0% |
| 2023 | 9,239,342 | 10,684,989 | −1,445,647 | 49.4 | 0% |
In its most recent public year (2023), this organization spent $1,445,647 more than it brought in. Its reserves stood at about 49.4 months of spending, up from 38.7 in 2011. Staff pay was 0% of spending.
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
Principal Trust For Life Insurance Benefits For Employees's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works