Principles For Living Inc
EIN: 371610700 · Overland Park, KS · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $58K |
| Net Assets | $24K |
Is Principles For Living Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Principles For Living Inc
Principles For Living Inc (EIN: 371610700) is a nonprofit organization based in Overland Park, KS, classified under NTEE code X83. The organization reported total revenue of $25K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Principles For Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Principles For Living Inc is a micro nonprofit that has been operating for 15 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -14.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $58K |
| Surplus / Deficit | $-36,958 |
| Total Assets | $105K |
| Total Liabilities | $81K |
| Net Assets | $24K |
| Operating Margin | -172.0% |
| Debt-to-Asset Ratio | 77.4% |
| Months of Reserves | 21.6 months |
Financial Health Grade: C
In 2019, Principles For Living Inc reported a deficit of $37K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 77.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2019), Principles For Living Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -85.3% | -59.4% | +571.0% |
| 2015 | +247.1% | +106.6% | +16.2% |
| 2014 | -45.4% | +68.0% | -67.1% |
| 2013 | -2.9% | -46.5% | +642.4% |
| 2012 | +3.8% | +5.3% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Principles For Living Inc 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 Principles For Living Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.4%.
Frequently Asked Questions about Principles For Living Inc
Is Principles For Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Principles For Living Inc (EIN: 371610700) insufficient data. 0 red flags identified, 0 strengths noted.
How does Principles For Living Inc spend its money?
Detailed spending breakdown data is not yet available for Principles For Living Inc. Check back for updated IRS 990 analysis.
Are donations to Principles For Living Inc tax-deductible?
Principles For Living Inc is registered as a tax-exempt nonprofit (EIN: 371610700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Principles For Living Inc located?
Principles For Living Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 371610700. It is classified under NTEE code X83.
How many years of IRS 990 filings does Principles For Living Inc have?
Principles For Living Inc has 6 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 $25K in total revenue.
Filing History
IRS 990 filing history for Principles For Living Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Principles For Living Inc's revenue has declined by 71.9%, moving from $76K to $21K. Total assets increased by 2178.8% over the same period, from $5K to $105K. Total functional expenses fell by 20.6%, from $74K to $58K. In its most recent filing year (2019), Principles For Living Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $81K in liabilities against $105K in assets (debt-to-asset ratio: 77.4%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $21K | $58K | $105K | $81K | — | View 990 |
| 2015 | $146K | $144K | $16K | $1 | — | View 990 |
| 2014 | $42K | $70K | $13K | $1 | — | View 990 |
| 2013 | $77K | $41K | $41K | $1 | — | View 990 |
| 2012 | $79K | $77K | $6K | $55 | — | View 990 |
| 2011 | $76K | $74K | $5K | $951 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $21K, expenses of $58K, and assets of $105K (revenue -85.3% year-over-year).
- 2015: Revenue of $146K, expenses of $144K, and assets of $16K (revenue +247.1% year-over-year).
- 2014: Revenue of $42K, expenses of $70K, and assets of $13K (revenue -45.4% year-over-year).
- 2013: Revenue of $77K, expenses of $41K, and assets of $41K (revenue -2.9% year-over-year).
- 2012: Revenue of $79K, expenses of $77K, and assets of $6K (revenue +3.8% year-over-year).
- 2011: Revenue of $76K, expenses of $74K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Principles For Living Inc:
Data Sources and Methodology
This transparency report for Principles For Living Inc 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.