First Principles
EIN: 451495386 · Concord, NH · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $305 |
| Net Assets | $629 |
Is First Principles Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Principles
First Principles (EIN: 451495386) is a nonprofit organization based in Concord, NH, classified under NTEE code P40. The organization reported total revenue of $305 and total assets of $629 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Principles's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Principles is a micro nonprofit that has been operating for 13 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of -76.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $305 |
| Total Expenses | $0 |
| Surplus / Deficit | +$305 |
| Total Assets | $629 |
| Net Assets | $629 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2017, First Principles reported a surplus of $305 with revenue exceeding expenses.
Financial Trends
Over 2 years of filings (2016–2017), First Principles's revenue has declined at a compound annual growth rate (CAGR) of -76.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -76.8% | -100.0% | +94.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Principles has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Principles with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about First Principles
Is First Principles a legitimate charity?
Based on AI analysis of IRS 990 filings, First Principles (EIN: 451495386) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Principles spend its money?
Detailed spending breakdown data is not yet available for First Principles. Check back for updated IRS 990 analysis.
Are donations to First Principles tax-deductible?
First Principles is registered as a tax-exempt nonprofit (EIN: 451495386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Principles located?
First Principles is headquartered in Concord, New Hampshire and files with the IRS under EIN 451495386. It is classified under NTEE code P40.
How many years of IRS 990 filings does First Principles have?
First Principles has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $305 in total revenue.
Filing History
IRS 990 filing history for First Principles showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), First Principles's revenue has declined by 76.8%, moving from $1K to $305. Total assets increased by 94.1% over the same period, from $324 to $629. Total functional expenses fell by 100%, from $3K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $305 | $0 | $629 | $0 | — | View 990 |
| 2016 | $1K | $3K | $324 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Principles:
Data Sources and Methodology
This transparency report for First Principles is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.