Form 990 for tax year 2023
Filed by PRINCIPLES FIRST FOR AMERICA FOUNDATION.
Totals
- Total revenue
- $400,216
- Total expenses
- $99,190
- Contributions and grants received
- $400,200
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $16
- Other revenue
- $0
- Total assets, end of year
- $400,201
- Total liabilities, end of year
- $99,175
- Net assets or fund balances, end of year
- $301,026
- Program services expenses (Part IX)
- $19,271
- Management and general expenses
- $79,919
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,271
Program services were 19.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$400,200
-
3 · Investment income
total $16 · excluded $16
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $21,600 · management and general $21,600
-
10 · Payroll taxes
total $1,927 · management and general $1,927
-
11a · Fees: management
total $38,297 · program services $19,271 · management and general $19,026
-
11c · Fees: accounting
total $36,778 · management and general $36,778
-
24a · Other expenses: TAXES, LICENSES, FEES
total $588 · management and general $588
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $150
-
2 · Savings and temporary cash investments
end of year $400,051
-
17 · Accounts payable and accrued expenses
end of year $98,015
-
25 · Other liabilities
end of year $1,160
-
27 · Net assets without donor restrictions
end of year $301,026
Mission and programs · 2023
Mission
WE ARE A NATIONWIDE ORGANIZATION OF CONSERVATIVE AMERICANS WHO SHARE A LOVE OF AMERICAN DEMOCRACY. WE BELIEVE GOOD-FAITH AMERICANS SHOULD SUPPORT PRINCIPLED LEADERSHIP, AND WE SEEK TO EDUCATE ON PRINCIPLED AND CONSERVATIVE DEMOCRATIC VALUES.
-
PRINCIPLES FIRST FOR AMERICA FOUNDATION LAUNCHED IN NOVEMBER 2023. IT WORKED TO ESTABLISH A VOLUNTEER BASE FROM AROUND THE COUNTRY AND SET A STRATEGIC VISION TO GUIDE FUTURE EDUCATIONAL AND PROGRAMMATIC WORK.
Expenses $19,271
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Heath MayoHEATH MAYO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PRINCIPLES FIRST FOR AMERICA LTD
501C4 · EDUCATION · MA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202443209349312754
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