CSCharityScored
69

Principles First Inc

Human Services · Katy, Texas

3310 Schlipf Rd, Katy, TX 77493-4503

EIN: 823634170· Founded: Mar 2018· 8 years active· Filing Year: 2023

Annual Revenue

$544K

Total Expenses

$437K

Total Assets

$175K

Program Spending

66%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$23K

5.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$23K

5% of total expenses

Where the Money Goes

66%
Programs: 66%
Payroll: 5%
Other overhead: 34%
Program Revenue$287K (53%)
Total Expenses$437K (80%)
Payroll$23K (5%)
Overhead (non-program)34%

Trust Score Breakdown

Program Spending Ratio

66% of expenses go to programs

40%

Revenue & Stability

$544K annual revenue

15%

Executive Compensation

$23K total officer comp (5.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$175K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.