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← PRINCIPLE FOUNDATION EXTENDED SERVICES

Form 990 for tax year 2022

Filed by PRINCIPLE FOUNDATION EXTENDED SERVICES.

Totals

Total revenue
$3,347,281
Total expenses
$1,415,065
Contributions and grants received
$3,346,627
Grants paid
$598,080
Program service revenue
$0
Investment income
$654
Other revenue
$0
Total assets, end of year
$2,149,514
Total liabilities, end of year
$88,883
Net assets or fund balances, end of year
$2,060,631
Program services expenses (Part IX)
$1,412,627
Management and general expenses
$2,438
Fundraising expenses
$0
Program service expenses (Part III)
$1,412,627

Program services were 99.8% 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

    $3,346,627

  • 3 · Investment income

    total $654 · excluded $654

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $598,080 · program services $598,080

  • 11a · Fees: management

    total $661,301 · program services $658,863 · management and general $2,438

  • 11g · Fees: other

    total $155,684 · program services $155,684

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $250,291 · end of year $749,514

  • 3 · Pledges and grants receivable

    end of year $1,400,000

  • 17 · Accounts payable and accrued expenses

    end of year $34,001

  • 25 · Other liabilities

    beginning of year $107,266 · end of year $54,882

  • 27 · Net assets without donor restrictions

    beginning of year -$356 · end of year $1,067,824

  • 28 · Net assets with donor restrictions

    beginning of year $143,381 · end of year $992,807

Mission and programs · 2022

Mission

TO PROMOTE INSPIRED BENEVOLENCE IN ACCORDANCE WITH THE TEACHINGS OF CHRISTIAN SCIENCE.

Activities or mission (Part I)

TO RENDER PRACTICAL SUPPORT TO FELLOW CHRISTIAN SCIENTISTS AND SUPPORT THEM IN SIMILAR BENEVOLENCE

  • CHRISTIAN SCIENCE NURSE GRATITUDE FUND. THIS FUND PROVIDES FINANCIAL ASSISTANCE TO CHRISTIAN SCIENCE NURSES IN THEIR RETIREMENT YEARS IF THEY SHOW A FINANCIAL NEED.

    Expenses $689,224 · Grants $598,080

  • THE YOUTH ACTION COMMITTEE (YAC) WORKS TO PLACE YOUNG CHRISTIAN SCIENTISTS (18-30 YEARS OLD) INTO INTERN POSITIONS AT CHRISTIAN SCIENCE NURSING FACILITIES. INTERNATIONAL FUND FOR CHRISTIAN SCIENCE NURSING. THIS PROGRAM WILL BE LAUNCHING IN APRIL 2023 AND WILL PROVIDE FINANCIAL SUPPORT TO PATIENTS OF CHRISTIAN SCIENCE NURSING TO THOSE RECEIVING CARE OUTSIDE THE USA.

    Expenses $462,661

  • CARE RESOURCE CENTER: THIS IS AN INFORMATION CENTER FOR CHRISTIAN SCIENTISTS LOOKING FOR INFORMATION ON HOUSING, MEALS, CARE SERVICES, TRANSPORTATION AND OTHER NEEDS. IT CONSISTS OF A WEBSITE, WWW.RIPERYEARS.ORG, AND A CALL CENTER.

    Expenses $179,408

  • "EMBRACED:FULLY" SUPPORTS INDIVIDUAL STUDENTS OF CHRISTIAN SCIENCE RECENTLY RELEASED FROM INCARCERATION. IT IS DESIGNED TO HELP AN INDIVIDUAL MAKE A SUCCESSFUL TRANSITION TO CIVILIAN LIFE.

    Expenses $81,334

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bruce L Jeffery

    BOARD MEMBER, PRESIDENT

    Total calculated
    $150,191
    From this org
    $0
    From related orgs
    $137,185
    Other
    $13,006
    Hours/week
    1 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $137,185 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,766 related
    Nontaxable benefits
    $0 + $240 related
    Filer's total
    $0 + $150,191 related
  • Shannon Horst

    BOARD MEMBER, TREASURER

    Total calculated
    $95,538
    From this org
    $0
    From related orgs
    $86,646
    Other
    $8,892
    Hours/week
    1 + 35 related
  • Charles Lindahl

    BOARD MEMBER, SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
2 June 2023
IRS schema version
2022v5.0
Source object
202331599349300533

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