Principle Foundation Extended Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 711,849 | 488,617 | 223,232 | 13.1 | 0% |
| 2021 | 440,072 | 574,997 | −134,925 | 3.0 | 0% |
| 2022 | 3,347,281 | 1,415,065 | 1,932,216 | 17.5 | 0% |
| 2023 | 2,061,979 | 1,959,982 | 101,997 | 13.2 | 0% |
In its most recent public year (2023), this organization brought in $101,997 more than it spent. Its reserves stood at about 13.2 months of spending. Staff pay was 0% of spending. $1,583,946 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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