Principal Trust For Post Retirement Life Benefits For Employees
EIN: 466578451 · Des Moines, IA · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $464K |
| Total Expenses | $1.0M |
| Net Assets | $10.5M |
Is Principal Trust For Post Retirement Life Benefits For Employees Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Principal Trust For Post Retirement Life Benefits For Employees
Principal Trust For Post Retirement Life Benefits For Employees (EIN: 466578451) is a nonprofit organization based in Des Moines, IA, classified under NTEE code Y43. The organization reported total revenue of $464K and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Principal Trust For Post Retirement Life Benefits For Employees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Principal Trust For Post Retirement Life Benefits For Employees is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $454K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-580,145 |
| Total Assets | $10.5M |
| Net Assets | $10.5M |
| Operating Margin | -127.8% |
| Months of Reserves | 122.1 months |
Financial Health Grade: B
In 2023, Principal Trust For Post Retirement Life Benefits For Employees reported a deficit of $580K with expenses exceeding revenue, holds 122.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Principal Trust For Post Retirement Life Benefits For Employees's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.1% | +36.3% | -5.2% |
| 2022 | -53.2% | +7.5% | -2.0% |
| 2021 | +46.8% | +37.1% | +4.0% |
| 2020 | +178.6% | -28.2% | +2.1% |
| 2019 | -69.3% | +6.5% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Principal Trust For Post Retirement Life Benefits For Employees 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 Principal Trust For Post Retirement Life Benefits For Employees 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $580K, with expenses exceeding revenue.
Frequently Asked Questions about Principal Trust For Post Retirement Life Benefits For Employees
Is Principal Trust For Post Retirement Life Benefits For Employees a legitimate charity?
Principal Trust For Post Retirement Life Benefits For Employees (EIN: 466578451) is a registered tax-exempt nonprofit based in Iowa. It has 11 years of IRS 990 filings on record. Total revenue: $464K. No red flags identified. Financial health grade: B.
How does Principal Trust For Post Retirement Life Benefits For Employees spend its money?
Principal Trust For Post Retirement Life Benefits For Employees reported $464K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Principal Trust For Post Retirement Life Benefits For Employees tax-deductible?
Principal Trust For Post Retirement Life Benefits For Employees is registered as a tax-exempt nonprofit (EIN: 466578451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Principal Trust For Post Retirement Life Benefits For Employees located?
Principal Trust For Post Retirement Life Benefits For Employees is headquartered in Des Moines, Iowa and files with the IRS under EIN 466578451. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Principal Trust For Post Retirement Life Benefits For Employees have?
Principal Trust For Post Retirement Life Benefits For Employees has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $464K in total revenue.
Filing History
IRS 990 filing history for Principal Trust For Post Retirement Life Benefits For Employees showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Principal Trust For Post Retirement Life Benefits For Employees's revenue has declined by 68%, moving from $1.4M to $454K. Total assets increased by 7.6% over the same period, from $9.8M to $10.5M. Total functional expenses rose by 58.5%, from $653K to $1.0M. In its most recent filing year (2023), Principal Trust For Post Retirement Life Benefits For Employees reported a deficit of $580K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $454K | $1.0M | $10.5M | $0 | — | View 990 |
| 2022 | $535K | $758K | $11.1M | $42 | — | View 990 |
| 2021 | $1.1M | $706K | $11.3M | $42 | — | View 990 |
| 2020 | $778K | $515K | $10.9M | $42 | — | — |
| 2019 | $279K | $717K | $10.7M | $44K | — | View 990 |
| 2018 | $910K | $673K | $11.1M | $42K | — | View 990 |
| 2017 | $840K | $663K | $10.9M | $47K | — | — |
| 2016 | $965K | $758K | $10.7M | $40K | — | View 990 |
| 2015 | $1.3M | $934K | $10.5M | $43K | — | View 990 |
| 2014 | $940K | $581K | $10.1M | $32K | — | View 990 |
| 2013 | $1.4M | $653K | $9.8M | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $454K, expenses of $1.0M, and assets of $10.5M (revenue -15.1% year-over-year).
- 2022: Revenue of $535K, expenses of $758K, and assets of $11.1M (revenue -53.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $706K, and assets of $11.3M (revenue +46.8% year-over-year).
- 2020: Revenue of $778K, expenses of $515K, and assets of $10.9M (revenue +178.6% year-over-year).
- 2019: Revenue of $279K, expenses of $717K, and assets of $10.7M (revenue -69.3% year-over-year).
- 2018: Revenue of $910K, expenses of $673K, and assets of $11.1M (revenue +8.4% year-over-year).
- 2017: Revenue of $840K, expenses of $663K, and assets of $10.9M (revenue -13.0% year-over-year).
- 2016: Revenue of $965K, expenses of $758K, and assets of $10.7M (revenue -26.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $934K, and assets of $10.5M (revenue +39.2% year-over-year).
- 2014: Revenue of $940K, expenses of $581K, and assets of $10.1M (revenue -33.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $653K, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Principal Trust For Post Retirement Life Benefits For Employees:
Data Sources and Methodology
This transparency report for Principal Trust For Post Retirement Life Benefits For Employees 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.