First Principles Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,185 | 205,746 | −36,561 | 2.9 | — |
| 2012 | 184,215 | 170,295 | 13,920 | 4.5 | — |
| 2013 | 191,647 | 203,626 | −11,979 | 3.0 | 21% |
| 2014 | 171,039 | 183,828 | −12,789 | 3.2 | — |
| 2015 | 145,060 | 186,439 | −41,379 | 0.4 | — |
| 2017 | 46,361 | 71,377 | −25,016 | 0.2 | — |
| 2018 | 10,941 | 13,227 | −2,286 | -0.8 | — |
| 2019 | 15,985 | 13,162 | 2,823 | 1.8 | — |
| 2021 | 98,225 | 27,088 | 71,137 | 33.3 | — |
| 2022 | 28,072 | 94,987 | −66,915 | 1.0 | — |
| 2023 | 110,875 | 89,237 | 21,638 | 4.0 | — |
In its most recent public year (2023), this organization brought in $21,638 more than it spent. Its reserves stood at about 4 months of spending, up from 2.9 in 2011.
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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